Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Scrypt ASIC / SHA-256 combo miners Pics details
by
krisj
on 21/01/2014, 20:36:15 UTC
their power consumption is little better than four R9 280x gpus, but no resale value when the mining boom ended.

I've been wondering about this.... I mean, I assume we are all in this for the long run because we believe that cryptocoins have a future. If we are wrong and the coins go to zero... then yes, ASIC's and such will drop in value to 0.

But let me ask you... given that we know there are probably hundreds of thousands of GPU's out there dedicated to just mining. If the value goes to zero and mining has no value... what will happen to those cards?

People will dump them and they will flood the market... and granted the market for GPU's is much bigger but still relatively small. Your R9 290x will be going for 1/5th of what it is worth because EVERYONE will be dumping them.


1/5th is better than no 1/5th. Personally I think they would be worth more than that.

lil 3MH ASIC costs $2700, you can buy 4 R9 280x for $1600 and get same 3MH @ 800W.

There are more gpus in the market than those dedicated mining gpus and a gpu always has a value with or without a mining boom. mining will not end suddenly, either coin values will gradually decrease or difficulty will gradually increase throwing 3MH rigs out of mining. there won't be a considerable difference in 2nd hand market.

this asic is not good for btc either. 50GH btc miner costs only $900 @ butterfly labs