I actually think the other companies will hit the network hard with a lot of hash at less than 0.12 per GH/s to push out a lot of miners. It will be rough in the beginning for them but they will ultimately push everyone out. The chances of them doing this during the winter is not as good as this coming spring. So, if people are going to continue mining, this winter may be their final opportunity to do it at this low of difficulty. I can see 90+ billion in difficulty quite easily by spring time with the new rigs about to hit the network. The only thing home miners have to hope for is an equivalent rise in price of bitcoin to offset it. That means price of bitcoin would have to be at least $420 if difficulty was 90 billion.
I'm just thankful I have sold all of my rigs. I had 44 rigs. I have two S5's and one S3+ remaining. Their auction is almost over on eBay now. I had a couple of S4's sell for over $600. The other S4's were around the $550 to $570 range. I sold many of the SP20's for more and/or for the same that I paid for them in the 15 package with free shipping. S5's have been going for around $365 on eBay lately.
I don't agree that we will see a huge spike in hashrate because that would affect the price of BTC too much. Rather they will switch out older hardware for new giving a slight bump in hashrate but the real difference is in their fixed costs - they will make much more profit with the savings in power.
Thank you for your input as well, alienesb!!!
I like hearing from both sides. I believe I'm going to go ahead and take the plunge. It's a gamble... but what the hell. I'm a gambler at heart! I'm ordering 9 right now and another 41 to 46 the end of December if the difficulty hasn't gone crazy.
By the way, does anyone have S7 coupons they are willing to let go of?
Damn, I wish I had room for that many.. How about I buy into the 41-46 order? Aka. you host a couple for me? ^^
How are you hosting that many? I felt like i was decent on mining with my 100 amp mining setup.... but dang 50+ of these things. That is a lot of power.