Will new ASIC miners be profitable?
I am thinking of pre-ordering either a:
- BFL 600 GH/s Monarch card for $2196 and hope to get it during March; or
- CoinTerra 2 TH/s Terraminer IV for $5,999 and hope to get it during May.
Would either of these purchases if they started mining during the indicated delivery dates be profitable?
According to the info at http://bitcoindifficulty.com it appears that bitcoin difficulty is increasing at 88% per month. Assuming that is true and according to the calculator at http://mining.thegenesisblock.com/ neither of these miners would ever become profitable.
Does the above analysis seem correct? If not, what are my errors?