Post
Topic
Board Mining speculation
Re: Once again, Holy difficulty jump, Batman!!!!
by
GigaWave
on 17/10/2013, 14:20:32 UTC
And people complain because they are losing money......never ceases to amaze.  If you didn't see this coming, you have no one to blame but yourself. It has been covered extensively for months..(almost a year at this point) that this would happen.

The real kick in the teeth is that people have been waiting for many months (or over a year) for hardware that was promised to have shipped long ago - when it was going to be worth something!  This difficulty rise is just pouring salt in the wounds for many people...

Alas, the ability to print money is relegated to the rich yet again...  go figure.

Anyone that bought BFL equipment after BFL missed it's ship date can only be mad at them selves.
Anyone that Avalon bought after batch 2, can only blame them selves.
Anyone that bought any ASICMINER equipment..well i'll be surprised if they made any ROI, if not, guess whose to blame if you cant do simple math?
Anyone that bought BFL when the BTC price skyrocketed and BFL raised their price......what was that I said about people never ceasing to amazing...

Anyone that has bought anything from the newest manufactures...well I guess the odds are a little bit more in peoples favor, but I bet many failed on the math and will be lucky to break even. That is unless if you are in the very beginning of a new product line, those are the people that will make something, but nothing like Avalon batch 1 people made out, which will likely not happen again unless Quantum computing or something of the sort becomes main stream. And the funny thing is this has happened now multiple times and I bet many still won't see this trend and will buy at the wrong time. Seems it doesn't matter how many times it is spelled out, people just keep buying blindly.  And in case it isn't blindly clear, the ship has already sailed for 28NM products, if you have a really fast speed boat, you may be able to catch up to the ship(not a ordinary ship, it's a speed boat in itself), but the pickings are already slim. But if you have said speed boat, their is other things it would be better used for.