Post
Topic
Board Mining speculation
Re: Next ASIC upgrade?
by
Somekindabitcoin
on 23/05/2014, 20:37:15 UTC
yes. soon knc will be setting up their own mining farm.

knc already has a private mining farm.

As to the ASIC's Spondoolies-Tech has a 5.4 TH machine in the works due to be ready to ship in August of this year. They also have said they are working on their third generation miner that would have so much TH that other miners will be obsolete.

In war it's a fatal mistake to assume that you are a lot smarter than your enemies. History has proven this over and over.

The commercial world is exactly the same, and arrogance usually gets rewarded with failure and defeat. If the Israelis think they're the only people around that can design efficient asics, then they're in for a rather rude awakening.


5.4 T/H at the end of August will not mean sh*t.  It will only generate about 7 bitcoins before becoming obsolete... and how many bitcoins did it take to buy the machine?

most reliable profit calculator I've found https://cex.io/calc

It's actually $5,350 for one 5.4 TH miner. It can actually go up to 6.5 TH, but 5.4 is the guaranteed Hash rate. I'm buying 4 of them which is over 20 Th. The hash rate does not increase 50% every month. It barely jumps 2 billion ever month. You can say what you want, but i'm the big miner here. You're the guy with the antminers. I'm here with the huge ass money generators. I should return over >50 BTC. I'm going to keep 50% and spend the other 50% to buy more miners. Only 11 bitcoins to buy the miners...