Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Supply reduced by 10400 BTCitcoins since halving!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
With ASICs I don't think it would matter if you convince a whole country to mine with computers, because they would get just a small hashpower and would mine nothing in practice
It is not about the gain! But for many... just like me I keep the computer On and running for 80-90% of the time all month! And even if I get 0.0005 per day or even per week! It would still be worth it.
And having 1 million people doing the same thing ... That would mean 182500 coins per year! ... Who cares? It is just electricity! We pay it anyway! Spiting the mining supply is a good reason enough!
Current mining rewards from 400 MegaHash GPU
per Month 0.00001565 BTC $0.01
Also, your pc being on is very different from your pc being under load. You will spend $50 to make $0.01.