Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
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HA HA - We definitely do not need another loan. It simply comes down to a question of how low will a SUSTAINABLE yield go before new BTC mining projects decide it is not worth it to hop on the mining bandwagon...
HA HA - We definitely do not need another loan. It simply comes down to a question of how low will a SUSTAINABLE yield go before new BTC mining projects decide it is not worth it to hop on the mining bandwagon...
The problem's that choice [jumping on the bandwagon] has already been made a long time ago, when chip that will be made within the next quarter were being designed. These chips are now taped out, NRE paid for, sunk costs sunk, foundry orders and production capacities lined up.
Turning back now is no more of an option than changing your mind at 59th floor. After jumping out of the 60th floor window.
TL:DR: The power that will add to the hashrate will add to the hashrate no matter what, it's in the pipeline. ASICs can't be repurposed to do anything other than mine. They'll be sold, at a loss if need be. After that they mine as long as there's a penny profit in it. After that--landfill.
And also: ฿0.03101000
