Re: Mining capacity of $5k worth of hardware as of November?
Wow, looks like mining is totally worthless unless you have a Monarch RIGHT NOW. Difficulty scales too quickly to justify a positive ROI.
Does this mean people will stop mining in 2014 and supply will hold steady (raising prices rapidly)? Probably too philosophical for the newbie forum.
Does this mean people will stop mining in 2014 and supply will hold steady (raising prices rapidly)? Probably too philosophical for the newbie forum.
IF people stop mining then there will be no bitcoin since transactions need to be confirmed.