This sentance cracked me up considering the operating costs I have:
It looks likely that miners using GPUs will need to migrate to FPGAs to remain profitable during 2012.
I don't NEED to do shi*t to remain profitable. Doing the mental math, this guy thinks I should sink over $10,000 into new FPGA hardware to replicate my current farm.
I don't think so.
PS- For my farm to become un-profitable, the difficulty MUST stay at 1,250,000 while the price per BTC declines to 60 cents. I seriously doubt that will happen.
I know I asked a bunch of months back, but you got that hydroelectric shit, or what? That is some dirt cheap power.
Yes, we are a bunch of fish-haters out here, so we have big-ass dams that produce our power. The cool thing is snow is free, so we don't need to buy coal or natural gas. Our cost is .06 per KW/h.
Also, about 2/3's of my farm is running in office space where the Utilities are included with rent.....That comes out even cheaper than .06.
Sounds expensive to me, its only .0202 per watt here.