It is going to take JUST ONE company to release a profitable (clearly) miner to upend the whole market. And that, will be messy but much needed.
It cant happen. If Hashfast/cointerra/whomever slash their prices to the point where its "clearly profitable", all that will result in is more orders than they could possibly deliver. Or if they somehow could deliver, even at those prices it would turn out to be no longer profitable because difficulty would shoot through the roof.
Anything can happen. It takes one company that can meet demand or at least put out enough to make things fair. Obviously if you are selling money printing machines you are going to need to set limits.
To get the network more secure, it would be nice to allow more people access, instead of just selling to big pocketed people.
Anything is possible, just need to have an open mind...
You dont get it. Plenty of miners seem to think current prices are "fair", or they wouldnt be buying. You expect a manufacturer to both lower their prices, and limit supply, only so that those miners would be guaranteed a profit (at their expense)? Get real.
Maybe you don't get it? You seem fixed on your point. I am open to either and see possibilities.
If the chips are very cheap to produce (and they are) and the development is expensive (and it is), then it doesn't cost the manufacturers much more to put out more chips, which might be what KNC Miner is planning on doing.
I am real.
Here is what I posted on KNC forums regarding this matter:
"Following the pre-order pattern, an ASIC producer takes very low risks, while the customers take the entire risk of their machines to become obsolete before delivery. The most important step a producer should take, would be to limit the number of available machines (chips) for each batch, a limit imposed by the willing to preserve a decent mining difficulty, not a limit imposed by the number of willing to buy customers...
What if Cointerra for example (or whatever producer that seems to be able to be next big hit) would sell 500.000 machines hashing at 2TH each for January delivery? They would be pretty much useless for the buyers, while the producer profit would skyrocket!
It would be so much better if there was a limit of hashing speed that could possibly be added each month to the network and the ASIC producers to auction their share of that hasing power, pretty much like TV rights for football games.
On the other hand, if i were an ASIC producer, I'd sell even 1 billion machines as long as I get profit from each and every sale!"
