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Re: Butterfly Labs - Bitforce Single and Rig Box
by
Mousepotato
on 23/02/2012, 21:29:06 UTC
OK. Now that the product seems to be genuine I have some questions for you all :

-what do you think will happen with the rest of the network ? Will all GPU miners cease to be profitable like the CPU miners ? What about free elec people ?

-has all the FPGA competition been wiped out with this weapon ?

-what will an ASIC do to the bitcoin network ?

-could this still be a long con and how can we see the warning signs in that case ?

Discuss !

Point 1: The network may see a little hash rate.  Sure, it'll enable some people to start up mining again who originally quit because they were on the wrong side of the break-even point.  But a 5970 can do 550 MH/s @ 97W (over system idle anyway), so another 300 MH/s at 17W less isn't going to be a huge game-changer.  It's not like when everybody else was chugging along with 20 KH/s and then GPUs came along putting down a few GH/s on a single rig.