here is the problem as I see it. if bitfury can run 50-100ph at 2 cents a kwatt and .2 watts a gh.
they turn a profit at under 70 bucks a btc.
in fact if they run 100 ph and it uses 30 mega watts they still make money.
even if btc is 70 dollars a coin and diff is 100 vs the 44 is it now.
70$ ?
With deploying cost, manufacturing cost, chip research and first manufacture cost, maintenance cost, investors money and investors profit and some others?
Are you sure?
well power is 3.8 cents so I may be just a bit off. but lets do 3.8 cents and .3 watts a gh at
70 bucks and diff of 94 vs 44
they turn a profit over operating costs
and go under op costs at diff of 129
but if they add 100ph in 2 weeks or so diff will not be 94 it will be 55.
and they do not go bad until the price drops out to 70 and diff of 129.
maybe i don't get something, but don't they already have a large market share?
would you rather have 30-40% market share with bitcoin at 240 vs, say, 60% with bitcoin at $70.
i just don't see the benefit for them.
re 3rd gen-I hope spondoolies does something interesting, but vibes from the main Guy here suggests otherwise, unless he is a poker player
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