i have another question, who out there right now, is the top person telling people about bitcoins on radio station networks and on TV Media
and do you think that pooled mining will ultimately be the end game for bitcoin mining after the difficulty gets to a certian xxxxxxxx difficulty?
Simple word of mouth is more than enough to pull in soo many miners that it will not be long before it costs more to run your rigs than your are earning from them. I'm afraid I am a good example. As soon as I found out about this, a couple of months ago, I told just about everybody I know. Most didn't bother with it, but some did. And one of those has just configured all the computers in the labs at the University where he works to run as miners overnight !!!
Just imagine the people he knows (other Universities), and if they act on this. No overheads to pay, and a shed load of hardware !!!
this is true but it isn't feasible long term, as soon as that computer lab sees their power bill go up by 500% you bet your ass that student is going to get caught, they have surveillance most likely.