Post
Topic
Board Mining speculation
Re: Next difficulty ~176,000,000 ?
by
GigaWave
on 27/09/2013, 14:26:11 UTC
Difficulty is increased because of added new mining devices.
As I know - mining devices now are produced and shipped in big quantity only by BFL.

What? Isn't BFL the one that screwed everyone over?
Nope. They were wanking for more than a year, but now everything is somehow in delivery stage. Last time I have checked - everything from year 2012 is already shipped to customers, so they have only nine months of orders to deliver Smiley . And they constantly ship devices, all this is legitimate, nobody is screwed. Except fact that nobody who will receive now their device will make ROI. I am sad for guys who ordered 500GH/s device :/

But still, they have huuuge amount of TH/s to deliver, and they can keep difficulty increase on any level they want. This sucks.

As of today, they have only shipped the first month + (maybe a week or two) worth of 2012 MiniRigs orders. Also the MiniRigs are 1.5 TH not 500GH(They are shipping them as 3 500GH machines.(Note: This is whole heartily due to their incompetence. Spelled it out as amazingly plenty of people are still ignorant to this.)).

There is no suck thing as nobody is screwed. Everyone is screwed as BFL greedily oversold and has saturated the market. They have no concern for their customers or Bitcoin. If they did, they would have taken X number of announced orders and shipped those orders before taking more orders and been open about the volume of sales. Instead they took the path of deceit and lies.