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As Bitcoin mining increases in popularity and the Bitcoin price rises so does the value of ASIC Bitcoin mining hardware. As more Bitcoin mining hardware is deployed to secure the Bitcoin network the Bitcoin difficulty rises. This makes it impossible to profitably compete without a Bitcoin ASIC system.

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According to Kable sources the global mining equipment industry in 2017 is estimated to increase at an annual growth rate of over 8.5%. Australia’s growth is forecasted to reach US$13 billion by 2017 with a CAGR over 6.5%. Table 30: Australia Consumer Price Index (20092013) Table 31: Australia Exchange Rate (20092013) List of Figures.