Quote from: pening on December 11, 2013, 09:18:14 PM

Quote from: XBBlade on December 11, 2013, 09:03:34 PM

Source please Grin

Come on be realistic, the big companies didn't even start mining yet, did they?

I dont think that's what the OP meant. Big miners are slowly taking over the market, like banks. The all important comma. Large scale miners are becoming the banks of the Bitcoin world.

It is inevitable, as cost increases to obtain and host ASIC servers on a scale that's efficient and ahead of difficulty, it becomes a business rather than a home/amateur hobby, and those businesses will dominate the landscape. Once there were hundreds of banks, each city, region or province had its own or several. They expanded, taking over some others, becoming more efficient due to scale, growing further. The small ones either get swallowed up or remain with a tiny market share. The pools might mitigate this, but they are analogous to building societies/credit unions and i'd expect a similar outcome (i.e. remain, but sidelined to a small market niche).

This is ridiculous and not true at all.

Six months ago there were only 3 ASIC manufacturers. Now there is almost a dozen.

Six months ago you had to wait months to get your hand on an ASIC. Now there are plenty of options that ship in much shorter time frame.

Six months ago ASICMiner dominated mining with nearly 30% of the global hashrate. Now there are serveral major players.

You are very mistaken when you say that you need a lot of ASICs to be efficient. In fact, the opposite is true!

The average person can presently run a couple of terahashes/second out of his home and only have to worry about his electricity bill.

If you want a larger setup you need to rent space for them, figure out a way to remotely manage them, pay for a separate internet bill, figure out how to cool them, plus pay commercial electricity rates.

Electricity is quickly becoming the limiting factor once again.

A large corporation does not have an advantage here. Mining ASICs are a commodity of which there is no bulk discount.

OP sounds like sour grapes that he didn't think to order an ASIC months ago when they were very profitable.