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September 26, 2012, 02:31:22 AM |
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Being months away from the release of ASIC mining rigs (i.e., BTCFPGA, Butterfly labs, Avalon) which will allow (i) a significant increase in Mhs/$, (ii) the correlated difficulty increase and (iii) the halving of the block size (from 50 to 25 around December 2012), is there any point for GPU miners to keep mining bitcoins at a loss?
Sure, there is still a few months of happy mining but once the projected 75TH/s of hardware will be running in the first half of 2013 (outpacing the current ~20-25TH/s), the difficulty will be so ridiculously high (over 10-20 million) that anything less than 50GH/s combined with a decent power consumption will be of little value.
Is there any solid arguments against this?
In advance, thank you for sharing your opinions.
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