I have some questions for miners and traders.
1. Stuff
2. As current ASIC chips will start shipping soon and if #1 doesn't happen hopefully, by the end of this year many people will have ASIC miners , given that ASIC consumes 40 times less power or 4000% less ie
5GH GPU ~2KW
VS
5GH ASIC 0.05KW
can this drop BTC price or will difficulty even this out ?
3. more stuff
Any thoughts?
1. I see bitcoin being worth about £75 at the end of the year and as more peps mine the value being about the same unless some way is found to take some of the currency out of the system
3. more shops accept it more peps want it more mining more chance of the value going up but only if see 1.