At the after-event DC Blockchain summit reception, KnCMiner CEO Sam Cole would not rule out a return to producing enthusiast level bitcoin mining hardware in the future. Any potential return to the enthusiast level market will depend on the Bitcoin price being high enough that customers will be able to expect a profit on the hardware.

“Enthusiast level” products is an informal term for products that are considered too expensive to be called “consumer level” but aren’t expensive enough to be called “enterprise” products either. Enthusiast products generally refer to cutting edge technology items that are typically purchased by early adopters.

Cole does not think that consumer level miners (roughly between $500 and $2,000, although he did not quote particular numbers) will be profitable again in the foreseeable future. However, if the price gets high enough, Cole does think it is possible that slightly more expensive bitcoin hardware could be. Today, profitable mining…

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