i wonder what's the current ROI for an A3. Thinking about getting my hands on some
As of right this second, a couple months - but I'm pretty sure Bitmain has some being shipped, and another batch due by the end of the month.
Wasn't there someone else (Obelisk perhaps?) that announced a SIA miner a few months back but has yet to deliver?
The price of sia has fallen over 50% in the last month. I don’t see an end in sight either.
Do ASICS usually increase the price of the coin? I would think it would drive prices even farther down
All coins are down right now. BTC is around $8k at the moment.
And no, ASICs don't inherently increase the price of a coin, the added capability of the network makes it more appealing to investors and for actual use. For finite coins, as the difficulty increases (which ASICs definitely contribute to) and the payouts per block decrease the coin usually ends up worth more, but SIA is an infinite coin, so that math doesn't really apply either. I personally think it will get as high as 5c, even 10c, in the not-too-distant future, but I also think mining it on an A3 is not going to be worth the electricity by the end of the year...
Why would an added capability of the network be more appealing to investors and actual use? What's the rationale behind that.
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