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Title: ASICs selloff Post by: szuetam on February 12, 2013, 08:55:58 AM Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down?
I think it is possible: If there would be So many ASICs sold that difficulty will increase 200x then: 650$ cost BFL ASIC will give just 17$ per month so 38 months to refund tool, if you want add electricity and financial cost. In this case I think that lots of ppl will think: "If I have to wait 4 years to start earning, I'll cash ASICs now and quit (like pope now:)) . Then they will have to sell ASICs cheaper :) ehh how edge profitably mining is nowadays Title: Re: ASICs selloff Post by: Korbman on February 12, 2013, 02:20:20 PM Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down? Short answer: Yes Long answer: The average miner doesn't like waiting longer than 12 months for a return. Either the price per BTC increases to compensate (or people stop mining and the difficulty decreases), or people just sell off their equipment for a quick buck. Title: Re: ASICs selloff Post by: superfastkyle on February 15, 2013, 09:56:26 PM Short answer: Yes Long answer: The average miner doesn't like waiting longer than 6 months for a return. Either the price per BTC increases to compensate (or people stop mining and the difficulty decreases), or people just sell off their equipment for a quick buck. fixed that for you, an asic maybe worth nothing after a year a gpu will be worth something. so a miner will not wait a year for roi Title: Re: ASICs selloff Post by: Luno on February 18, 2013, 08:36:03 PM Competition between manufacturers of ASIC miners will lower prices. If you can't cover your costs on developing expensive ASIC chips, you owe a lot of money!
Diminishing returns and increasing difficulty For GPU's and FPGA's did not lower the price by the same amount . FPGA's are more expensive now used, compared to their return, than they were when new. People sell their rig when they have ordered something better. Title: Re: ASICs selloff Post by: NEO2012 on March 07, 2013, 06:16:17 PM Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down? I think it is possible: If there would be So many ASICs sold that difficulty will increase 200x then: 650$ cost BFL ASIC will give just 17$ per month so 38 months to refund tool, if you want add electricity and financial cost. In this case I think that lots of ppl will think: "If I have to wait 4 years to start earning, I'll cash ASICs now and quit (like pope now:)) . Then they will have to sell ASICs cheaper :) ehh how edge profitably mining is nowadays there is 1000th sold already so im not sure wat u askin at 1000th u will make 2 btc a day with a 30k minirig ofcourse thats till nwtwork grows to 1200 1500 2000 etc:) |