Post
Topic
Board Mining (Altcoins)
Re: Third alt coin thread last two were too big. Builds links thoughts etc
by
azgal0r
on 20/03/2017, 18:15:19 UTC
I am posting this for sharing because I think it will impact all of us since Bitcoin is in the centrestage of all of our alts mining activities now. I am posting my comments only here in Phil's thread because self-moderates the thread....

Just came back from a Bitcoin local chapter talk with guest speaker Andreas Antonopoulos, and lo and behold Vitalik Buterin in the audience. I wanted to ask about the Segwit vs BU issue in Q&A, and well I didnt have to -- Andreas jump straight into it.

Very interesting talk about cultural gap between software mindset vs hardware mindset -- hence this battle between Segwit and BU, how Bitcoin is going to survive a hard fork and the emergence of a new platform that comverge software and hardware and maintains the glory of decentralization, ie. Trustware.

The video of the talk should be up in Andreas's Youtube channel in a few hours.

My team had a meeting after the talk and we decided on some contingencies, pending Segwit vs BU bloodbath around "a few weeks before October". We will be investing more on GPU mining and Ethereum. Btw, will move the 2PH BTC farm into rental market before the war starts. When things gets risky and volatile, it's better to rent, sell the picks and shovels to goldminers than to mine the gold yourself - think Levis Strauss.

OK - thats enough yadda2 for the day. Watch the video and make your own decisions.

There's so much volatility these days I convert my mining gains straight to USDT.  We are already making a ton of money the only risk remaining is that the market suddenly crashes.