An Asic that consumes 7W/GHs still generates about 6 times the btc that it will cost to power it.
So there still a long way before you start mining at a loss. Long in BTC time of course
Well if asics were free that would make sense, but sense there is a relatively high cost to start mining with the asic you are at a loss until that cost is completely recouped. Regardless of btc value, because your trading your btc for the miner. Why is this so hard for people to understand? I guess if people did understand that easily the price would have fell a lot sooner
The miners they deployed made back the btc long long time ago.
And AM only pays the manufacturing costs, not the mentioned 3,5 BTC each blade.
The main problem is they can´t deploy more hashrate, because the total power consumption in
the datacenter is limited.
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