What do you think about the impact of such ASICs on the SIA price ?
UP ? Down ?
The difficulty will rise a lot, that's certain, but the price ?
Well titans do scrypt pow in Nov 2014...first real killer scrypt asics in massive amounts for scrypt pow coins in the day
they then came out a month or so later with scrypt-n for scrypt-n pow coins (which as far as I'm aware are virtually non-existant now)
they blew up scrypt-n in one week and destroyed the protocol..and thus all the coins of that protocol
not saying it will happen..or even it could happen...but too much piled on too fast ...well just an example
(to scare everyone..bruahahahaha) (ahem...sorry)
edit: I have one of these Obelisk SC1 miners coming..I may get two BUT I also from mining need to set aside the rest of the year according to my CPA Lady
45% of income made for the nice IRS man (self-employment tax/IRS/state etc) to be safe.
Thus one of these is 5 days of mining now for me..thus I can afford to take a "flyer" on these units...if they never come to pass and IF
the folk are legit I'll get a refund in 2018
So in reality, I'm risking 55% of the amount of every one of these I may get (comparatively speaking off my taxes I will pay on income this year)
thus I can afford to be somewhat brave (or stupid/silly/smart..... pick a word)
So right now I can pay the IRS 27k on income this year (if I buy no more equip) or get around 60k of equip
so anyway, place your bet and take your chances...but me...some of this will be gone anyway...so taking a flyer on this
( the last flyer I took was on KNC 500mh Jupiter BTC miner on Oct 18th 2013 for $7K..that worked out)
Do your research, place your bet..and pray to the ASIC gods
or hell at my odds just flip a coin.