Quote:
Originally Posted by TumblrPRO
I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends.
It's always impressive seeing so much people investing so much time and money in something that will come down soon or late. It's impressive to see them so convinced that they are building something safe and secure. I can't understand it. But we have seen things like these over and over in the last 50 years. Heck, even in the last few hundred years, just check the tulipomania.
Just sayin...
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they know what they're doing. 99% of all bitcoins will be mined in ~3 more years. if i know that, they know that and launched anyhoo. impressive business model too, they sold shares and then closed that up.
but they are launching late, the difficulty to mine is growing exponentially and their farms aren't all that super duper
What you are looking at according the asicminer's announcement pic of 95 ASIC’s. capable of 30 GHash/s.
It has to be said though 30 GHash/s is not going to be making much of a dent in the current 30,000 GHash/s capability of the bitcoin network as a whole