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I am bit new with bitcoin. I run a electronics/software company in China and Australia. I would like to create new bitcoin mining hardware. The specs are as follows:

The miner is PCI-E installed, runs in a normal PC case or rack sized server around 200w, latest 28nm chip, around 200GHash/s, selling $99 (USD).

I will buy the chip from existing supplier. The design and manufacturing will be done myself.

Given I have a hardware team that have done many ARM Soc applications, and a reasonable experienced software people with Linux and software.

My question is it worthwhile the effort to do it? Is it profitable and what if any are the perceptive pitfalls?

closed as off-topic by Nick ODell Nov 14 '15 at 19:07

This question appears to be off-topic. The users who voted to close gave this specific reason:

  • "Questions on current market values, energy costs or service provider availability are off-topic as the answers are changing too frequently to be useful to others." – Nick ODell
If this question can be reworded to fit the rules in the help center, please edit the question.

  • In regard to the reopen votes: The question doesn't seem to provide enough information to answer the core topic, i.e. it's missing information e.g. about when the product would become available. Also, any other answer than "who knows?" would require making guesses about the future development of the mining market and Bitcoin's progress. I'm not sure that the question is a good fit for our site. However, I will abstain from voting, because I don't feel strongly about this. If you feel that this question can get better answers, please feel free to vote to reopen. – Murch Nov 16 '15 at 13:02
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Depends on whether you can bring something to market that's better than what's already out there. I'm not sure how quickly you can set up something like that, but 200GH/s for $99 right now would probably sell decently. 12 months from now, probably not so much.

This is really an economics question you have to answer, and we'd need a lot more information about your costs and market in order to assess the opportunity properly.

  • No way. 200GH/s @ 200W for $99 was obsolete a year ago! Absolutely no way. I just got a 60GH/s at 50W (notice similar Hash/Watt which is the only thing that counts) for FREE from someone because it's been obsolete for more than a year. – Jannes Nov 15 '15 at 1:43

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