A lot of press notes and individual viewpoints state that [bitcoin] mining is dead as we are already in the petahash domain and are restricted by Moore's law from a technological stand point. I believed this until I heard Butterfly Labs and HighBitcoin talk about how enterprises can potential adopt mining. With transactions and transaction fees rising, it would be highly profitable for large enterprises to have data centers with mining equipments to process daily transactions. The medium[-sized] enterprises, who cannot invest [with limited] capital expenditure, would resort to cloud based mining. The small enterprises would have to pay the transaction fees, to the network. This fees would still be [cheaper] in comparison to Visa and Mastercard. In conclusion, we can potentially witness [growing] investments from large and medium-sized enterprises in mining farms by the end of 2014.
