Quote from: memvola on October 01, 2012, 02:11:41 PM

Quote from: LordGreynick on October 01, 2012, 02:00:01 PM

so, market forces will just kill traditional GPU based mining pretty much overnight unless ASIC based is all just a scam?

There are many different ASIC development companies, it's implausible that all of them are scams. It's just a pretty straightforward but challenging process.

Quote from: LordGreynick on October 01, 2012, 02:00:01 PM

i really do feel for those that have invested into GPU based mines although i suspect their investment is already paid back if they got into it early enough

"if" is the key word. I suspect most mining operations have been a net loss, and it's probably a good indicator.

By the way, check out this thread. CoinLab is developing a platform that will rent your GPU for various tasks and pay you in BTC.

I haven't seen that one before. Anyone had any luck using that pool? Seems like a neat idea to make some more money off my existing hardware.