Post
Topic
Board Pools
Re: Are miner pool thieving away?
by
zvs
on 10/11/2013, 20:01:05 UTC
Guys we were all newbies at some point, nothing wrong with that.

I think the Bitcoin stack exchange is a great resource for people getting into Bitcoin. I posted a new question there so there will be an easily available URL to point people to regarding the "difficulty vs income" issue: http://bitcoin.stackexchange.com/questions/16526/how-does-a-difficulty-increase-affect-a-miners-income
well, I put some research into it before I invested in those first half a dozen 5830's

already knew what difficulty was and that it was ramping up quickly (but that was also when price went from like $3 to $35)

and also knew  to switch to namecoins when they first started too!

plus, it's $1000 or so vs $6000? 

a poor sap like myself that considers $6,000 a good chunk of money would make sure to research such things first