Topic: The Economic Pros and Cons of ASIC technology developments (Read 701 times)
I'd like to hear your guy's thoughts on the economic impact ASIC development has on the crypto-currency markets. I see it as both good and bad in some ways. ASIC development offers huge economic advantages to those who are fortunate enough to have enough fiat to pay for the miners, however, the need for a sizable fiat account to get into crypto-currency mining has a negative impact on the total number of people who are able to get into the game- which we all know mass adoption is the key to this industry and price inflation. What pros and cons do you see with the rapidly developing ASIC technology?
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