Re: [2018-01-30] Samsung Enters `Mass Production` of ASIC Miners
12.5 btc is released every 10mins. There is a LIMITED amount of btc that can be mined. More machines just means less btc per machine. So, it does not become more profitable to mine lol. It becomes less profitable.
And if there were MORE manufacturers, this means more machines are pre-ordered and more machines will be deployed after 2 months have passed......thats not good.
Right now, difficulty will continue to increase because pre-ordered machines from 2 months are coming online.
If Samsung were operational ans had taken orders 2 months ago, more would be deployed now.....thats not good.
I see you're still busy being a retard.
Fees will supplant the block reward, so the halving won't have the disasterous effect you think it will.
How did you even get involved in this space anyway, you seem too stupid to understand even a small fraction of it.
He is not a retard, he just wants to protect his income.
Screw free market, screw anti trust laws, forget about the whole purpose of Bitcoin.
He even suggested that we should have an OPEC of miners. (check his threads in mining speculation)
This is just greed beyond the levels the usually retards here can spawn.
They finally realized it's a business for them, should they realize that a few years earlier, the market is all theirs.
The timing? were they waiting for BTC to crash, the way it has now.?
With all their resources, and this is the best they can do.
Do they know something we don't.
There was no timing!
Chips are not made like Chips
It takes months from the start, planning till you actually have the wafers ready and build miners.