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Author Topic: ASICs selloff  (Read 2434 times)
szuetam
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February 12, 2013, 08:55:58 AM
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Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down?
I think it is possible:
If there would be So many ASICs sold that difficulty will increase 200x then:
650$ cost BFL ASIC will give just 17$ per month so 38 months to refund tool, if you want add electricity and financial cost.
In this case I think that lots of ppl will think: "If I have to wait 4 years to start earning, I'll cash ASICs now and quit (like pope now:)) .
Then they will have to sell ASICs cheaper Smiley
ehh how edge profitably mining is nowadays
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Korbman
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February 12, 2013, 02:20:20 PM
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Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down?

Short answer: Yes
Long answer: The average miner doesn't like waiting longer than 12 months for a return. Either the price per BTC increases to compensate (or people stop mining and the difficulty decreases), or people just sell off their equipment for a quick buck.

superfastkyle
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February 15, 2013, 09:56:26 PM
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Short answer: Yes
Long answer: The average miner doesn't like waiting longer than 6 months for a return. Either the price per BTC increases to compensate (or people stop mining and the difficulty decreases), or people just sell off their equipment for a quick buck.

fixed that for you, an asic maybe worth nothing after a year a gpu will be worth something. so a miner will not wait a year for roi
Luno
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February 18, 2013, 08:36:03 PM
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Competition between manufacturers of ASIC miners will lower prices. If you can't cover your costs on developing expensive ASIC chips, you owe a lot of money!

Diminishing returns and increasing difficulty For GPU's and FPGA's did not lower the price by the same amount .
FPGA's are more expensive now used, compared to their return, than they were when new.

People sell their rig when they have ordered something better.

NEO2012
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March 07, 2013, 06:16:17 PM
 #5

Do you think that if to many ASICs will hit the market and average it will refund itself after 4 years of constant mining, it will cause ASICs price drop down?
I think it is possible:
If there would be So many ASICs sold that difficulty will increase 200x then:
650$ cost BFL ASIC will give just 17$ per month so 38 months to refund tool, if you want add electricity and financial cost.
In this case I think that lots of ppl will think: "If I have to wait 4 years to start earning, I'll cash ASICs now and quit (like pope now:)) .
Then they will have to sell ASICs cheaper Smiley
ehh how edge profitably mining is nowadays



there is  1000th sold already

so im not sure wat u askin

at  1000th  u will make 2 btc a day  with a 30k minirig

ofcourse thats till nwtwork grows to 1200 1500  2000 etc:)
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