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May 05, 2017, 08:27:21 AM |
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Mining is more profitable now than it was since the halving.
During the early Avalon days (Gen 1 tech) and the MtGox Bankruptcy (Gen 2 tech) there were tons of manufacturers.
I can name Avalon, Bitfury, Butterfly Labs, KNC Miner, TerraMiner, SP, Bitmain, ASICMiner, BlackArrow, Hashfast, etc, etc.
I am guessing that back then since there was less competition and less miners out on the market there were profits to be gained so manufactures kept popping up.
Now that BTC/USD is rising faster than difficulty can keep up. At what price again do you think manufactures will get into developing miners?
Or is the 16nm technology simply too complex and expensive compared to the early 50-100nm technology that miners were originally made with.
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