Bitcoin waarde verwachting bezinningstekst
The hardware price is pushed up by the Bitcoin value, but only to the effect of the logarithmic scale of the difficulty calculation. Had the Antminer S9 price increased 16 times its April value, in direct correlation to the Bitcoin value, it would be unprofitable to buy and operate the hardware, the initial investment alone taking 16 months at current prices to payback. So the natural hardware price is about 3 times, following the slope of the logarithmic chart on calculation difficulty.
The above sounds reasonable on the surface, but it is peculiar. Why this relationship should be so predictably intact is unsound. Why should relationship between the hardware price and the Bitcoin calculation difficulty be immune to regular micro economics, specifically, the forces of supply and demand? As the price of the hardware increases for no other reason than the gain in Bitcoin value, albeit via the difficulty-calculation-derivative. When gold prices increase, gold mining increases, but does the price of gold mining increase the hardware prices of gold mining equipment?
Gold mining equipment has the benefit of being re-purposed for other mining activity, therefore mining equipment retains value. ASIC miners on the other hand are very specific to one or two coins. If the value of those crypto currencies fall substantially, the resale value, if any exists at all, of the ASIC mining hardware collapses. The value of the Antminer S9 miner has increased 3x for no other reason than the price of Bitcoin has increased, also, the production of this equipment has probably increased as well, which should have the effect of lowering the price of the hardware equipment.
It may be argued that the demand for the S9 has increased, possibly, to some degree, but to the degree that it would increase the price 3x when the Antminer S9 is only one of a variety of hardware pieces that perform the same or better, and those pieces of hardware have also increased at the same rate. The Bitcoin value has created false value in the mining equipment that will be eventually rectified by regular market supply and demand forces, if not the collapse in the price of Bitcoin itself.
One concern is that these hardware valuations might affect the real accounting by companies that facilitate Bitcoin specific hardware, putting artificially high value on these assets, and the current interest in companies entering the crypto currency space to facilitate mining, and by individuals wanting to get into the game, further perpetuates the inflated value of these assets. The unwind of the price could collapse not only the Bitcoin value, but all assets related to it, including assets typically considered 'book value' assets.
And finally, the cost of this mining hardware for personal and home mining is in fact is essentially irrelevant, as a substantial portion of the crypto-currency mining is performed in massive mining farms. For an individual to bother with even investing in crypto currency mining equipment is more of an exercise in entertainment and edification and not so much "for profit.
When the hardware starts sitting on the shelf in perpetuity or when the Bitcoin price collapses, the hardware shown below at various time epochs will normalize back to predictable hardware valuation, and the virtual intrinsic value based on Bitcoin price will evaporate. The value will evaporate along with the accounting valuations, the expectations, the credit used for purchasing, the loans underwritten based on those valuations, and we have another bubble popping.
Hopefully it doesn't affect anyone outside of the cryptocurrency arena. If Bitcoin or any cryptocurrency will function as both a store of value and a medium of exchange, the cryptocurrency exchange rates must stabilize to that of traditional value stores and exchange mediums. At the moment, the virtual asset is in a speculative phase experiences large volatility swings.
Such volatility is prohibitive for the asset to really be considered a traditional currency replacement as defined in traditional terms. Avoid being fooled into thinking that any one cryptocurrency is more valuable than any other one. If one chooses to do so, do so with care with extreme caution. This ledger of past transactions is called the block chain as it is a chain of blocks.
The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
What is Bitcoin Mining? Bitcoin mining is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the hashcash proof-of-work function. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus.
Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a "subsidy" of newly created coins.
Click here to learn more about the AntMiner S7. Bitcoin mining is difficult to do profitably but if you try then this Bitcoin miner is probably a good shot. They have only minimal requirements for other normal computer applications. As more Bitcoin mining hardware is deployed to secure the Bitcoin network the Bitcoin difficulty rises. Furthermore, Bitcoin ASIC technology keeps getting faster, more efficient and more productive so it keeps pushing the limits of what makes the best Bitcoin mining hardware.
Being listed in this section is NOT an endorsement of these services. There have been a tremendous amount of Bitcoin cloud mining scams. Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced.
Zcash mining contracts are also available. Hashing24 has been involved with Bitcoin mining since They have facilities in Iceland and Georgia. There are also Bitcoin hardware wallets like the Ledger Nano S , which store bitcoins.
Hash rate — How many hashes per second can the Bitcoin miner make? More hashes cost more, which is why efficiency is crucial…. Since miners use a large amount of electricity, you want to buy one that converts the most amount of electricity into bitcoins. Price — How much does the bitcoin miner cost? Cheap mining hardware will mine less bitcoins, which is why efficiency and electricity usage are important. The fastest and more efficient mining hardware is going to cost more.
The best ASIC miner is the most efficient bitcoin miner. Other bundled equipment may be included with your purchase depending on the seller. We recommend purchasing the Antminer S7 or the Antminer S9. You can use a bitcoin mining profitability calculator to determine your estimated cost of return on your mining hardware.