Quote from: molecular on September 06, 2011, 08:50:54 PM

If the first statement is true, bitcoin price will be really low at some point. GPU mining is not power-efficient, FPGA-mining more so. FPGAs will be mining while GPUs have to be switched off. Difficulty goes to januar-levels and an FPGA can pay its investment when prices rise again. Far-fetched? yes. "Never" possible? no.

As for the ASICS: Ask ArtForz, he has at least 200, probably more, read #bitcoin-dev chatlogs from around February 2011.

Simply fucking retarded my ass Wink

Ugh more hardware investments in mining. This is what is harming bitcoins. Mining needs to stop being profitable so people can get good amounts with the cheap emachine hardaware at walmart and 5 year old computers with built in video cards most people have.

See https://bitcointalk.org/index.php?topic=41886.0

Also Mt. Gox low today is 6.12 so anything above that ($6.50 now) is too high.