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A comment on Avalon ASIC Bitcoin Miner – Prices for Batch #2. Parent comment

Re:Avalon ASIC Bitcoin Miner – Prices for Batch #2 by MrMember on Saturday February 02, 2013 @11:04AM (#5156274)
The difficulty in mining will increase dramatically once people start using them.

To use the analogy I've been seeing everywhere, during the 19th century gold rush would you rather have been a miner or the guy selling pickaxes?

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Re:Avalon ASIC Bitcoin Miner – Prices for Batch #2 by dasil003 on Saturday February 02, 2013 @01:08PM (#5156728)
Suppose gold is evenly distributed everywhere and you are the only one with a pickaxe and everyone else has spoons?
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Re:Avalon ASIC Bitcoin Miner – Prices for Batch #2 by fnordfnordfnord on Saturday February 02, 2013 @02:01PM (#5156900)
Consider the fact that these pickaxes cost half a million dollars to make and only come in batches of 1000. Also, there is nothing to stop some other folks from building a similar batch of pickaxes.
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