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Topic: How fast will ASIC prices fall? - page 2. (Read 1090 times)

newbie
Activity: 18
Merit: 0
June 06, 2013, 09:34:15 AM
#13
Right now id pass on ASICS and wait for the next big thing to come along.

Which is?
full member
Activity: 196
Merit: 100
June 06, 2013, 09:33:22 AM
#12
I bought my Asic in USD rather than BTC. That way i figure, barring a crash in the value of BTC, it shouldn't be too hard to get my $200 investment back. Now all i need to do is receive my ASIC

Interesting logic, but did you check the ROI on purchase in BTC? Perhaps you should hedge your bet by buying some BTC on an exchange too?
newbie
Activity: 48
Merit: 0
June 06, 2013, 09:32:44 AM
#11
Not fast enough I am afraid.  Undecided
newbie
Activity: 28
Merit: 0
June 06, 2013, 09:31:05 AM
#10
I bet price will drop 50% by end of this year.
member
Activity: 67
Merit: 10
June 06, 2013, 09:29:46 AM
#9
I think their price will be on the same range that high end GPUs are now.  The difference will be on the big rigs, as they will have 100x or 1000x performance than the cheap ones...
newbie
Activity: 28
Merit: 0
June 06, 2013, 09:29:35 AM
#8
Right now id pass on ASICS and wait for the next big thing to come along.
full member
Activity: 134
Merit: 100
June 06, 2013, 08:50:55 AM
#7
I bought my Asic in USD rather than BTC. That way i figure, barring a crash in the value of BTC, it shouldn't be too hard to get my $200 investment back. Now all i need to do is receive my ASIC
newbie
Activity: 5
Merit: 0
June 06, 2013, 08:20:21 AM
#6
The big processor manufacturers should integrate the hashing Asic into their processor design.

I don't think it's likely to happen any time soon, but it'd definitely help to ensure decentralization of the system
full member
Activity: 196
Merit: 100
June 06, 2013, 06:39:57 AM
#5
The big processor manufacturers should integrate the hashing Asic into their processor design.

Intel's newest processors do include dedicated crypto cores. But they are designed for general crypto work, not the highly optimised bitcoin double hash that our ASIC-CO's are churning out, so not competitive.
newbie
Activity: 37
Merit: 0
June 06, 2013, 06:29:50 AM
#4
By the end of this year (2013) the network hash capacity will be 400 - 500 THash/sec.
The "first generation" ASIC miners will become pactically useless.
But even then the nooks, who can't (and won't) make their arithmetic lesson, will keep the price high.

The big processor manufacturers should integrate the hashing Asic into their processor design.
sr. member
Activity: 253
Merit: 250
June 06, 2013, 04:41:30 AM
#3
As fast as the BTC value (so not any time soon probably)
full member
Activity: 196
Merit: 100
June 06, 2013, 04:37:50 AM
#2
We're in a Gold Rush. Too many people buying ASIC pre-orders without doing the math on the ROI. Most of them will get burned as they will never recover their investment (regardless of how much BTC appreciates agains the $). If you spend 2.0BTCon a block eruptor and it mines you only 1.0BTC over its entire life, you still lost 1.0BTC (and its even worse if that BTC is now worth $10000, you should have kept your 2.0BTC in your wallet instead).

In a Gold Rush only the guys selling the shovels make money. The ASIC manufacturers are laughing all the way to the bank as most of their cost is already spent in FOAK investment. But they'll only drop the price when the punters stop ordering, so do your math on the ROI carefully, and don't feed the bubble.
newbie
Activity: 9
Merit: 0
June 06, 2013, 01:02:13 AM
#1
Since the reward for mining is constant, the value of GH/s decreases as more hashing power is added to the network.  ASIC prices will have to go down to stay competitive.  I guess that is why the companies that have ASICs are trying to sell them as fast as they can.
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