Quote from: Matt_S on October 30, 2013, 12:07:49 AM

Quote from: kleeck on October 29, 2013, 02:07:56 PM

Quote from: finlof on October 29, 2013, 01:51:12 PM

Quote from: minerpart on October 29, 2013, 12:18:40 PM

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

...
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.
...

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. Wink

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?

They wont ditch since the buying price is the big cost. Power cost wont be the factor for some time. Diff is added because of so much preorders. People dont realize how big diff will be when they will get their miners. And others dont bother about that because they calculate in USD... though they miss that it would be better then to invest in btc only simply.