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Title: price development on ASIC mining hardware Post by: el_rlee on September 28, 2012, 09:23:12 AM Hello All,
what are your guesses on the price development for ASIC miners? I guess the price for the first batch will include a big portion of the development cost... Will they get dirt cheap soon? Will difficulty skyrocket beyond our imagination and buying the first products a bad decision? Title: Re: price development on ASIC mining hardware Post by: Uglux on September 28, 2012, 10:22:22 AM Hello,
my guess is, it will be similar to GPU and CPU price developement. Shiny new, low production, no competition -> expensive. After releasing some better versions (and with mass production), price for the old versions declining. More competition is going to push down prices additionally... Difficulty will simply adjust to the state of technology. That moment of adjusting, from relative GPU "low" to "ASIC normal", is what drives some people crazy, like in a gold rush. ;) Another guess: this belongs to mining speculation. Have a nice day. Title: Re: price development on ASIC mining hardware Post by: HorseRider on September 28, 2012, 04:36:40 PM Will difficulty skyrocket beyond our imagination and buying the first products a bad decision? If your first batch arrives timely enough, it's a good decision. If late, buyers are screwed. Title: Re: price development on ASIC mining hardware Post by: byronbb on September 29, 2012, 06:58:17 AM I am under the impression the difficulty can only ever increase by a maximum of 4x. If asic comes online and diff tops out bitcoins will be cheap because diff will be static but ghash will be monsterous. Am I off base here? This is based on my general assumptions. The next 6 months are going to be interesting in the world of bitcoins thats for sure.
Title: Re: price development on ASIC mining hardware Post by: pretendo on September 29, 2012, 07:41:57 AM So do we know how much more efficient asics are than gener purpose?
Title: Re: price development on ASIC mining hardware Post by: adamstgBit on September 29, 2012, 07:47:19 AM So do we know how much more efficient asics are than gener purpose? About 10 times, if they make good on their promises. Title: Re: price development on ASIC mining hardware Post by: pretendo on September 29, 2012, 07:52:40 AM I mean in other applications that already exist, how big does the difference tend to be
Title: Re: price development on ASIC mining hardware Post by: salty on September 29, 2012, 08:37:32 AM I mean in other applications that already exist, how big does the difference tend to be They've been tested on SHA256 or SHA2 already I have seen an academic study paper. It was linked on here, but good luck trawling through a 30 page BFL trollfest finding it.... Title: Re: price development on ASIC mining hardware Post by: salty on September 29, 2012, 09:23:47 AM I am under the impression the difficulty can only ever increase by a maximum of 4x. Really? Title: Re: price development on ASIC mining hardware Post by: arklan on September 29, 2012, 10:43:11 AM I am under the impression the difficulty can only ever increase by a maximum of 4x. Really? this isn't accurate. the difficulty can only increase by a FACTOR of 4 in a given 2 week period. so it can't increase 100x in two weeks, but over months, absolutely can. i don't think there's any sort of upper limit on difficulty. Title: Re: price development on ASIC mining hardware Post by: Cablez on September 29, 2012, 01:29:07 PM I am under the impression the difficulty can only ever increase by a maximum of 4x. Really? this isn't accurate. the difficulty can only increase by a FACTOR of 4 in a given FTFY Title: Re: price development on ASIC mining hardware Post by: arklan on September 29, 2012, 01:30:43 PM I am under the impression the difficulty can only ever increase by a maximum of 4x. Really? this isn't accurate. the difficulty can only increase by a FACTOR of 4 in a given FTFY thanks. :D Title: Re: price development on ASIC mining hardware Post by: el_rlee on September 29, 2012, 02:13:50 PM how much do you think will the price on the devices go down?
Title: Re: price development on ASIC mining hardware Post by: byronbb on September 29, 2012, 04:23:14 PM Yes I meant per diff change of 2016 blocks.
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