Re: [5000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
Am I calculating this right? 
That the early part are 2015 it will no longer be cost effective to run miners based on the increasing difficulty. In other words varying costs of electricity and hardware will mean by March , April of 2015 most mining operations will be running in the red even with payed off miners and low cost electricity based on the current floating value index of bitcoins?
From what I have read there isn't any new miners / hardware that is capable of being cost effective when calculated against the upcoming difficulty.
I wonder what will happen to the HUGE cloud mining companies?
The only way I see mining continuing is a revolution in hardware and low cost electricity or massive price shift in bitcoins.
So whats next?
That the early part are 2015 it will no longer be cost effective to run miners based on the increasing difficulty. In other words varying costs of electricity and hardware will mean by March , April of 2015 most mining operations will be running in the red even with payed off miners and low cost electricity based on the current floating value index of bitcoins?
From what I have read there isn't any new miners / hardware that is capable of being cost effective when calculated against the upcoming difficulty.
I wonder what will happen to the HUGE cloud mining companies?
The only way I see mining continuing is a revolution in hardware and low cost electricity or massive price shift in bitcoins.
So whats next?