Post
Topic
Board Pools
Re: [12000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested
by
digital
on 17/06/2013, 13:53:22 UTC
Difficulty is up value is down luck also. Not  very good times for miners.

I see the value continuing to go down.  In the coming months you will see a shift from GPU mining to ASIC mining.  GPU miners will start to get out because it's not cost effective.

And the small time GPU miners are the people who actually will take btc and spend them in the community.  Most ASIC miners are in it for speculation/investment.   And they will just sit on their btc.  Which is bad for the system.

The more people we have actually using btc for everyday purchases the healthier btc will be.