Before I continue, I'm not trying to troll or anything, I'm just trying to understand.
If the high difficulty puts other ASIC miners out of the game, what is stopping bASIC mining from losing money by mining as well? Do they operate on very low power costs, or keep mining even when they lose money, or whats up? And when the difficulty becomes too high for ASICs to be profitable, yes people will take them offline. However at the next difficulty change there is a good possibility that the difficulty will make it profitable again, until the next difficulty change, and it will continue like that.
Like, does bASIC have a plan to combat this all?
If the high difficulty puts other ASIC miners out of the game, what is stopping bASIC mining from losing money by mining as well? Do they operate on very low power costs, or keep mining even when they lose money, or whats up? And when the difficulty becomes too high for ASICs to be profitable, yes people will take them offline. However at the next difficulty change there is a good possibility that the difficulty will make it profitable again, until the next difficulty change, and it will continue like that.
Like, does bASIC have a plan to combat this all?
I'd call creativex a conservative investor. He buys available hardware and no pre-orders and his strategy is to buy cheap enough hardware to stay profitable. Sounds simple, but that's it.
