“In early 2013 bitcoin mining saw the start of the application specific integrated circuit (ASIC) revolution. As design efficiency approaches Moore’s Law production capacity and operating efficiency will drive profit margins. The natural evolution of this will be large data centers that can take advantage of economies of scale. There are three potential options for optimizing the location of the cloud mining data center: establish a facility near the production site, near cheap power, or near talented personnel. The best decision depends on the businesses’ unique advantages over the competition and all models could provide a competitive edge.”

http://thegenesisblock.com/op-ed-bitcoin-minings-inevitable-centralized-future/

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