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    Author Topic: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING***  (Read 576938 times)
    allinvain
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    February 05, 2014, 02:34:32 AM
     #4801

    The "market" is misguided as clearly some miners don't understand basic economic principles. I also suspect that some miners are using hardware as a sort of long bet on btc. They figure who cares if they overpay for hardware now when the bitcoins their gear mines today will be worth a lot more tomorrow and in the end they will be in profit overall.

    Anyways, klondike_bar is right, power consumption is NOT a big advantage of bitfury hardware as compared to bitmain antminers. It will be a strong advantage only when the difficulty is high enough that you're nearly at that razor edge of profitability. I suspect if ever that becomes the case bitmain will either just lower their prices to match the current difficulty landscape or by then they would have 28nm based gear (or lower but I suspect the next logical jump for them is 28nm) that can match or overtake bitfury gear on power efficiency.

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