Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
Biodom
on 15/01/2015, 20:28:02 UTC
...
please elaborate a bit, i totally missed this westhash/nicehash/paycoin opportunity
https://bitcointalk.org/index.php?topic=521520.msg9849837#msg9849837

Raskul wrote a tutorial here:
https://bitcointalk.org/index.php?topic=894826.msg9849580#msg9849580

Edgar,
You don't follow our thread closely enough ...

Edit: In the first few days, the return was 30X over BTC, afterwards 9X and it settled at about 3X up until the end of the POW period

I think that this is a slight exaggeration: maybe 10 fold first (for 48hr), then 3-4x for three days or so and back close to par on saturday (end of the POW period). Maybe it was 30X for a few hours, i did not get that.

However, as a result, we empowered garza and his paycoin nonsense AND bitcoin declined more then 50%. this is how the timeline looks like. i know that this does not prove a casual link, but it is at least possible. If you think that this was not in any way influenced by paycoin-I say-we don't know it yet. It certainly gave garza ammunition to tout paycoin and argue against bitcoin.