Quote from: kokojie on January 29, 2014, 02:02:53 AM

Quote from: empoweoqwj on January 27, 2014, 03:50:53 AM

1) Lots of people don't pay electricity
2) Whilst faster machines *might* be more difficult to make in the future, and that's a very big *might*, people can always make lots more chips with current technology
3) Mining equipment is going to come out that is a lot more energy efficient than current gen.

If you learn one thing from technology, is that it never stands still. There are always innovations when there is money to be made and people competing for that money.

1. Somebody always pay electricity, it maybe included in your rent (ur still paying for it), or ur leeching off your parent/employer, but somebody always pays. There's no such thing as free electricity.

2. Yes you can make more chips, but who will buy them if the profit can not even cover electricity?

3. no, there will be equipment that is slightly more energy efficient than current gen, but not "a lot more". We are already at 22nm, there can be no more significant improvements, or do you think asic manufacturers will develop better manufacturing than Intel? because intel CPU from 3 years ago (for example i7-2600k, has nearly identical performance as current gen equivalent i7-4770k, ok 4770k is slightly better, by like 3%)

But if its not the miner that is paying, the miner doesn't care about the cost, and so doesn't have to factor it into his price calculations. Basic economics. If you aren't paying for something, its free to you.