To all KNC Miners,
Are we all idiots?
http://www.theregister.co.uk/2013/11/14/firm_makes_3million_during_bitcoin_gold_rush/
This article clearly states they sold about 5,000 miners for a global sales of USD 29 millions. If true, KNC clearly did not help us with their almost unlimited supply of miners to reach a positive ROI in BTC.
...
They were smart, us we were just lucky!!!!
PS I am sad about that conclusion because today is the day I just reached 71 BTC after 38 days of mining. How long before my second Jupiters will pay for itself???
Are we all idiots?
http://www.theregister.co.uk/2013/11/14/firm_makes_3million_during_bitcoin_gold_rush/
This article clearly states they sold about 5,000 miners for a global sales of USD 29 millions. If true, KNC clearly did not help us with their almost unlimited supply of miners to reach a positive ROI in BTC.
...
They were smart, us we were just lucky!!!!
PS I am sad about that conclusion because today is the day I just reached 71 BTC after 38 days of mining. How long before my second Jupiters will pay for itself???
A couple of questions....
What was the "right" number of miners for them to sell...
Assuming it's something like "two" -- one for me -- and one for my buddy... Would you have put up the $5-$10M (say for arguments sake) to develop the ASICS for your personal use?
Any thoughts?
As a side note: -- could you send me 10-20 Bitcoin if I send you my wallet address?
Edit: Question three -- what conclusion are you sad about? I can't determine what conclusions are in the article -- if any.