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Birdy (OP)
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June 28, 2013, 06:38:36 PM
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http://blockchain.info/de/charts/miners-operating-profit-margin

According to this chart we are close to zero, what do you think is going to happen?

Difficulty drop? Btc Price rise?
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June 28, 2013, 06:46:29 PM
 #2

http://blockchain.info/de/charts/miners-operating-profit-margin

According to this chart we are close to zero, what do you think is going to happen?

Difficulty drop? Btc Price rise?
gpu mining or asic mining ?

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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June 28, 2013, 06:52:15 PM
 #3

gpu mining or asic mining ?
Sadly blockchain.info doesn't give away what hardware is used for the calculation, so it doesn't allow for a precise statement.
But with difficulty rising and price dropping it's fair to assume that even Asics won't provide a margin anymore if this continues.
notme
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June 28, 2013, 07:14:07 PM
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gpu mining or asic mining ?
Sadly blockchain.info doesn't give away what hardware is used for the calculation, so it doesn't allow for a precise statement.
But with difficulty rising and price dropping it's fair to assume that even Asics won't provide a margin anymore if this continues.

Actually, they do:
Quote
* Electricity consumption is estimated based on power consumption of 650 Watts per gigahash and electricity price of 15 cent per kilowatt hour. In reality some miners will be more or less efficient.

** For profit margin hardware costs are estimated to be $1000 per gigahash every 2 years, and bandwidth $1 per gigahash per year.

You can verify this at the bottom of this page: http://blockchain.info/stats

In other words, their assumptions are now complete bullshit.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Birdy (OP)
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June 28, 2013, 07:36:58 PM
 #5

Oh alright, guess it's not as close for Asics then.
Silly me for just taking the graph, because blockchain.info is a trusted website ^^
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