Anybody knows how today's Butterfly
announce of the ASICs is going to affect pyramining deposits?
How should that affect it? Pyramining it's not a "conventional" mining operation where someone buy an FPGA at $500 or more and will need to face "competition" for 2 years. At current conditions I have been able to achieve a price under $120 for one FPGA, and break-even is in less than 8 months. Even if ASICs would be ready next week, they don't have enough time to affect expected performances. Moreover, when an account is "completed", the infrastructure remains available (for free) for new deposits, until it breaks.
I am continuing my R&D to produce better and better hardware (in terms of price and performances). If BFL ASICs are good products and I can find them at a lower price than the stuff I will be working on by that time, I could buy their technology.
Pyramining is up and running since less than 1,5 months, it grew faster than expected, and there are two factors that are limiting it's efficiency:
1) a promise to not leave p2pool (and no spare hashing power to keep up with p2pool low efficiency).
2) limited supply of new infrastructure.
Both points will be fixed in short time (less than 3 weeks, I explained in previous posts the actions I am taking to keep ROI times aligned to expectations). Meanwhile if P2Pool keeps it's low efficiency, I won't point new miners at it, so its performances will not hit Pyramining.
For the future things can only improove, and ASIC technology can only positively impact Pyramining: new infrastructure will be bought at even better price/performance ratio.
