Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Any ASIC worth for Investment?
by
eZc
on 19/10/2013, 10:32:08 UTC
Eventually you reach the limits of thermodynamics then you buy because they won't be anything faster coming out later.

22 nm — 2012
14 nm — 2013
10 nm — est. 2015
7 nm — est. 2017
5 nm — est. 2019

Not sure how many bitcoins will be left by 2019 though? 21m - 17m (2019 est.) =  4m? Wink
Have you forgotten the halvings or is this just me..

Have you forgotten how technology works or is it just me.

Intel and the big computer companies are just barely beginning to scratch 20 nm in marketable products, their R&D are working on 14 nm.  If billion dollar companies/industries take this long to drop nm's, what makes you think bitcoin mining hardware is just going to sail through them?

We'll be at 28 nm for 5 years at least.

Well the problem is, that process shrinking does no more shrink the relative transistor costs in the amount we have seen a few years ago. If its no more possible to shrink the relative costs of a transistor this would mean the end of moors law. Thats why the whole industry is in panic: See this famous NVIDIA flame for ex: http://www.extremetech.com/computing/123529-nvidia-deeply-unhappy-with-tsmc-claims-22nm-essentially-worthless

However this freeze are basically good news for miners. Since it would mean a halt in cost saving advancements, and makes they're mining gear longer profitable operational. The only problem is, that the current products are highly overpriced and there is a huge cost saving potential.