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A comment on Latest Shipment of Avalon ASICs Could Increase Network Hashrate By 500%. Parent comment

Re:Latest Shipment of Avalon ASICs Could Increase Network Ha... by rorrr2 on Thursday July 11, 2013 @02:45PM (#6028230)
They will keep making money, just slower.
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Re:Latest Shipment of Avalon ASICs Could Increase Network Ha... by trothamel on Thursday July 11, 2013 @02:51PM (#6028278)
Will the amount of money they make pay for the power they consume?
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Re:Latest Shipment of Avalon ASICs Could Increase Network Ha... by wmf on Thursday July 11, 2013 @03:12PM (#6028434)
No, but somebody who has free power may be willing to buy your obsolete used ASICs cheap.
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Re:Latest Shipment of Avalon ASICs Could Increase Network Ha... by drcode on Thursday July 11, 2013 @03:13PM (#6028442)
therein lies the rub.
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Re:Latest Shipment of Avalon ASICs Could Increase Network Ha... by rorrr2 on Thursday July 11, 2013 @04:12PM (#6028861)
ASICs are very power efficient.

Plus the system is self-correcting. Mining becomes unprofitable, people quit, complexity drops enough, mining becomes profitable.

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