Quote from: Carlton Banks on September 25, 2013, 05:39:28 PM

This too shall pass.

Just a symptom of the ASIC gold rush. Scared investors trying to ensure profitability are desperate to give themselves "the edge", failing to see that everyone is rapidly choosing to use the same competitive advantage. A significant amount of people are going to end up with an ROI measured in light years, perhaps even the majority. It's a fever, and there is nothing we can do except wait for the temperature to die down.

I completely agree.

I also agree on the difference between an investor and a btc user.

It is every investors own decision. If some think they are better off by putting the btc system at risk, it is the way it is. We will keep on paying taxes for system relevant financial institutions to have fiat money and loose most of the money spent on asics. This for certain will freeze the hype.

I am a miner, not an Investor. So I do not mine on a pool with more than 10% of the total hash rate. Slush czech lottery style, ozcoin, bitminter, bluecoin, bigpit. I also mine solo - Han Solo Lottery Style. I never made it to a block so far, but winning the lottery is the target and would be great.

So mining to me was and is the lottery. Pools were not invented to stop the lottery, but some pools today try to Camouflage the Initial concept. It is unlikely, but what will happen if BTCguilt doesn't win a block for two month?