Its getting very expensive because of a monopoly of the technology, or lack or competition, or monopolizing the the industry because of trade secrets and cost of development, to mine a speculative crypto currency.
Because the people developing the miners, are realizing it's easier and more profitable to deal with big farms, or simply mine for themselves, than to deal with every whiney ass customer with a complaint.
If spondoolie is smart, they release bulk sales only, and allow only authorized dealers to resell, let them deal with the people. Let spon spend their time on new tech!
That philosophy was declared by BFL Josh. Not sure how it's going to work out for them in the long run.
decentralized currency = more decentralized more reward = less data center = more reward.
please release something sponfoolies so i can get some more equipent.
Hey @ChineseSavior, it's nice to see your change of heart (
https://bitcointalksearch.org/topic/m.9800379).
Unfortunately, it seems that Bitcoin is going towards large scale mega mining by 3-4 companies - BitFury, AntPool (
https://blockchain.info/pools - 20% !), KNC and maybe later also 21e6 (if they'll be able to create a competitive next gen) and SFARDS (with their upcoming 16)
If we want to compete in this market, we must create a form factor suitable for rapid mass deployment.
If the market conditions will allow it, we might attempt another small form factor, more suitable for the home miner.
I've posted something about "share mines" in our thread, this might be another offerings for the little guys.