Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Hey finlofs I guess you haven't been round here long. Everything in your rambling post has been gone over time and time again. You are repeating yourself like a mad man. Read page one, then take a chill pill. Alternatively sell your shares the stress is killing you. lol
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i know yall like to point out icebreaker's bad trade he made by turning 120k icedrill shares into a sierra, but at least he turned his "worthless" shares into something.
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You do realize that is Sierra is officially worthless? His best bet was to get it inside of October, which did not happen.
http://mining.thegenesisblock.com/a/854deda93a
His grand investment turned out to be just as good as ours. Except we have ventures like ActiveExchange and future models to potentially profit off of.
Can I ask a legitimate question?
How is difficulty rising so fast/hard when the people producing the machines are starting to find it hard to get a decent price per g/h ratio? Who is adding the difficulty? Is there a private company who has some next level generation ASIC? Or is it just a whole bunch of people new to Bitcoin buying miners and not actually realising that they aren't really profitable?
I just ask as I'm curious if we will reach a point where people will realise that the difficulty/profitability ratio is not worth it and ditch their mining equipment, thus resulting in a difficulty decrease?