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Author Topic: (Question)Next Gen ASIC  (Read 3018 times)
Viceroy
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April 21, 2013, 08:09:57 PM
 #21

classic!
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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April 22, 2013, 06:57:08 AM
 #22

dOUBLING IS OK BUT THAT PREDICTION OVER THERE ON THAT LINK (damn caps lock) expects some 16 times harder difficulty in a time asics made from chips will start working. If that happens, that investing won't meet roi soon if ever.
Not sure how you got that from his table. I see 4x increase by July 19th, almost 3 months from now. Which is close to what I expected when I went ahead.

But there are many variables and any option is a gamble and always has been. I expected to shut down my GPUs last November but delays in ASICs and bitcoin price increases rather surprisingly has made GPU mining more profitable now than even 2 years ago. So, just never say never. As long as people aren't thinking difficulty will drop or doesn't matter they have their own choices to make regarding the future.

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