Quote from: gkahr78 on February 10, 2015, 02:43:47 PM

Quote from: SargeR33 on February 10, 2015, 11:21:01 AM

Look how much the Unknown slice has grown. It used to be tiny. Difficulty going up another 6%. It would appear there are huge private setups r
unning.

Yeah, it is this kind of industrial mining that finally drives me away from BTC Angry

Having home miners was one part of BTC that I enjoyed. All over for months now. The other part was being part of a new and more democratic way of payment. That was probably naive but I nonetheless did appreciate it. For a while now bitcoin just feels like greedy mafia business and third world money making machine. For the mafia part: not only do asic producers try to rip you off but also cloud miners and payment exchanges. And for the third world: throw coal in on the one side and feed btc miners on the other side; let's not talk about ecological consequences.

From my GPU times till now bitcoin has turned from hobbiest enjoying themselves into a twisted Lovecraft version modern currencies. Two years ago I would encourage people to try bitcoins, try mining and try being part of the community. But nowadays I would say stay away. There is nothing (positive) to experience anymore. Rip off and industrial mining await you Undecided

I mean I actually think it is fair to pay a few percentage points when using paypal and not having to deal with all that bitcoin hassle.

I think now is time for me to also turn off my bitcoin node I've been running since my miners were turned off. It just makes no sense to give anything back anymore. Cry

This isn't any different in fiat, we get ripped of every day, apple, google, facebook etc etc