I felt those econ 101 insults were a little harsh untill I read this line.

Real world economic constraints are a limit on the supply of mining gear, just the risk that it could be a bad investment validates the reward.

Have you seen the difficulty lately, it moved against me despite the price drop and R&D lag before gen4 ASIC's are implemented.

Crazy but some schmuck somewhere thinks it's a good idea to burn real world electricity and double digit MW of it. All to earn a fiew Bitcoin.

I bet it's him dumping on the market right now to cover overhead, cheep coins for sure if it is him.