who's going to make the first 50 T/H miner?

[kthejung]

The mining difficulty by Jan 2015 is predicted to be around 235,263,000,000.  With that difficulty level, 50 T/H of mining power will get you a mere 3.22 btcs per month according to this calculator https://cex.io/calc.  All of the 1-2 T/H miners in use right now will be mostly useless by September-October of this year.

edited in:  2 T/H of mining power will make you 0.65 btc in September, 0.43 btc in October, 0.29 btc in November, ... 0.13 btc in January 2015.  I will correct myself and say that a 2 T/H will not be worth running by November instead of September.

[ChuckBuck]

You must've missed this 25 TH/s miner then:

https://bitcointalk.org/index.php?topic=513181.0


I know I know SCAM, but fun when it lasted.   

[Rulishix]

Holy crap. Seriously? I don't get it. Bigger and better rigs for better mining I guess but it doesn't last long. I want a long term investment!

[bjalbert]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

[kthejung]

You must've missed this 25 TH/s miner then:

https://bitcointalk.org/index.php?topic=513181.0


I know I know SCAM, but fun when it lasted.   

25 T/H at 370 watts...lololololol...   one guy responded "how do you plan on achieving 25 T/H at 370watts? and don't be shy about the technical specs." 

[fattypig]

50 T/H miner hm.. what about 1 PH miner

[TinyBBC]

I don't want buy any rig for now, price is even high than buy bitcoin directly!

[samsonn25]

50th miner will not be cost effective because difficulty will be too high by then.

[samsonn25]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

And not only that but what is the cost for this miner? 10 th at 15-20k retail? Even the manufacture cost 6-7k @ 200 billion difficulty doesn't make much back.

[samsonn25]

When will Bitcoin difficulty get to a point where it will no longer be profitable for the average person?

Now

[tzortz]

When will Bitcoin difficulty get to a point where it will no longer be profitable for the average person?

Never.

As soon as there is electric price differentiation everywhere in the world.

Also, worst competitor of massive farms, is the hobbyists and people uneducated about ROI issues.

[braytz]

Also, worst competitor of massive farms, is the hobbyists and people uneducated about ROI issues.

this.

[byt411]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

[samsonn25]

When will Bitcoin difficulty get to a point where it will no longer be profitable for the average person?

Never.

As soon as there is electric price differentiation everywhere in the world.

Also, worst competitor of massive farms, is the hobbyists and people uneducated about ROI issues.

I'm waiting for the farms to disappear near.

[samsonn25]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

we won't get to even 18 in the near future besides the fact it will be too expensive.  On top of that difficulty would be over 1 trillion.

[byt411]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

we won't get to even 18 in the near future besides the fact it will be too expensive.  On top of that difficulty would be over 1 trillion.

So what if it's too expensive? You know that all manufacturers price the devices too high, and its actual manufacturing cost is much lower?
They can simply use them to mine themselves, and literally grab the whole network.

[samsonn25]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

we won't get to even 18 in the near future besides the fact it will be too expensive.  On top of that difficulty would be over 1 trillion.

So what if it's too expensive? You know that all manufacturers price the devices too high, and its actual manufacturing cost is much lower?
They can simply use them to mine themselves, and literally grab the whole network.

When difficulty reaches about 15 billion which will be soon, that is close to the actual cost of machines now. About $600 per TH. If they cant make profit mining or reselling equipment capital spending on research and development will slow down or stop.  Alot of asic companies will disappear by the end of this year.

[tzortz]

I bet we will stick to 28nm for the whole year.

Nobody achieved asic of 20nm so far.

[samsonn25]

I bet we will stick to 28nm for the whole year.

Nobody achieved asic of 20nm so far.

The company shipping the most miners out now are still on 55nm too

[tzortz]

Bitmain, sure.

But dont forget that chip size is not the most important factor of development, but mostly consumption of w/ghs.