The last month is among us..

[AngelusWebDesign]

Maybe he lives in Bhutan[1] or some other subsidized country.

[1]: http://en.wikipedia.org/wiki/Electricity_pricing#Global_electricity_price_comparison

According to that page, electricity in the country called "United States" is between 8 and 17 cents per kW/h.

I guess you better let them know about your good deal.

Is that 2 cents per kWh the price of maintaining an extension cord from your neighbor's outdoor outlet to your house? 

[420]

For GPU miners, we have our last month of profitability on the menu.

that was wrong

LAWL

[Amph]

nah, we still have at least all the summer, then it's gg for sure

[BBQKorv]

nah, we still have at least all the summer, then it's gg for sure

Have ever heard of scrypt?

[Amph]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

[stslimited]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

the bitcoin algorithm can be switched

in some scenarios, sha-256 ASIC hashing will congregate to a few select players effectively centralizing bitcoin creation within a few months, switching the algorithm can and will currently alleviate that

[420]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

what do we mean by 'gg' ?

[favelle75]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

what do we mean by 'gg' ?

Good Game.

OP was so wrong its hilarious.

[Nissi]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

the bitcoin algorithm can be switched

in some scenarios, sha-256 ASIC hashing will congregate to a few select players effectively centralizing bitcoin creation within a few months, switching the algorithm can and will currently alleviate that

Scenario: community votes to change Bitcoin to script algorithms, rendering ASICS useless... all ASICs get sold out to the community, community votes to switch back to SHA. with the ASICS being cheap and decentralized.

Not gonna happen, but interesting thought

[thepwnorbpwnd]

It wasn't a serious speculation. It was an obviously thread starter to spur discussion, and anyone who got butt hurt or took it seriously should look up the definition OF speculation.

[thoughtfan]

yeah, i will mine litecoin, but for bitcoin i suppose it's gg by then

the bitcoin algorithm can be switched

in some scenarios, sha-256 ASIC hashing will congregate to a few select players effectively centralizing bitcoin creation within a few months, switching the algorithm can and will currently alleviate that

I have heard the 'centralizing' projection SOOOO many times but have yet to hear a persuasive argument as to what is going to cause said centralisation.  Care to elaborate?

[computerparts]

fungus among us

[tyler26]

I'm still a bit skeptical if BFL is really going to ship... They have been pushing back and delaying a lot. Just my opinion.

[Jaxkr]

i hope rates go up 

I hope GPU prices go down

Yes. I hope on buying a former mining GPU for cheap. I plan to use it for it's intended purpose of gaming.

[Unacceptable]

fungus among us

I think your right,left nut