Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
yolalanda
on 24/10/2015, 16:25:35 UTC
... but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal.

The naivete and and confusion in this thread is reaching the tipping point. In hopes of righting your Titanic:
  1. Casinos get built because gambling is profitable, but not in the way degenerate gamblers think.
  2. "BitFury is building a 100 million dollar mining facility in Georgia" should be read as
      "We'll turn $100 mil free money into spendable $10 mil in our pocket, and if there's a stupid warehouse full of useless gear left over, so be it."

Hope this clears up some misunderstandings.

So which is it, BitFury's casino is profitable or not?

BitFury's casino is profitable. 10 mil you can spend is better than 100 mil you can't.