Post
Topic
Board Mining speculation
Re: Projected Minimum Cost per BTC over the next year
by
philipma1957
on 04/07/2014, 15:01:27 UTC
Thanks for putting this together. I'm confident that J/gh will decrease enough to mitigate this, but the possibility that all mining hardware producers fail at making a more efficient miner is highly improbable (especially because there are so many now) but not impossible!

More efficient miners can be made, but at what cost?

For example if it cost a manufacturer $700 to make a 1TH miner at .7watts/gh efficiency today

and it only mines 1 btc lifetime,

how many people would buy it over $840

assuming the manufacturer only wanted to make a 20% markup.

It already seems some farms are shutting down because the miners can not be bought at prices that can justify the cost of the machines versus the bitcoins they can mine in their lifetime, so they are buying coins instead or just stopping the mining and capital investment.



small miners with spot setups could make out well.

  anyone own a beef jerky business ?  

 any one know of a food dehydrator company that is look to sell its product?

here is a great food dehydrator

http://www.lemproducts.com/product/refurbished-stainless-steel-dehydrator/refurbished-products

it uses 800 watts of power looks like it is a match for a pair of s-3's


this is a good example of product synergy.



better yet here is a kiln company  for drying wood.   a huge business chance   right here right now.

 Just saying   someone here in the usa dealing s-3s  should talk with this company.  they do electric heated kilns.

http://www.novadrykiln.com/pdfs/NDK_timbertike.pdf