Quote from: Coinbaker_criptobakery on June 02, 2018, 12:07:35 AM

Quote from: boxalex on June 01, 2018, 11:38:53 PM

Quote from: MinermanNC on June 01, 2018, 11:19:57 PM

and it is an investment for my business true, but if I am mining ETN am i not investing in ETN? different views, but its cool.

Missed that last one. Actually no, you do not investing in ETN, only in your own business. As soon as you beginn with your
business (mining hardware) to mine for a given project you provide paid service, not an investement.

Well, there are some miners like me that mine as a form to get cryptocurrencies, instead of buying them using USD's or EUROs... My aim is also to keep the mined coins aas a way to support them... That's another mining approach, isn't it?

However, please, take into consideration the role that miners play in a coin... it is a huge part of the SW and HW infraestruture each coin needs. And it is of volatile nature. Mining HW is also shared amongst several coins. Big and small investors make this true, using their own money. I bet that those currencies where it is not possible to mine, require to deploy a huge distributed network to allow users to exchange coins easily in a safe manner. For me, miners are not a small portion of a crypto.

Yours, very respectfully.

Coinbaker

As there are anyway no other news regarding fork updates i think there is nothing bad to dicuss something else meanwhile while we wait for the updates.

I'am a miner (not only) too myself. I even would say not just a hobby miner but with bigger investments in this business. Of course you support at the moment of mining a given coin that project, absolutly no doubt here. I never said that a miner doesn't support a project, just mentioned that the mining investement is not on a given project. About the support, absolutly true.

Just as a side note that helps a bit to difference btw. investing or supporting. When you buy a stake, shares, coins, ico for example you can hold the project liable as an investor as you directly invested into a given project, even in court (enough examples and law suites by now). As a supporter or paid service provider you don't have this right. As said, just as a side note.

While i'am personally as well a fan of POW mining (just normal after i have a mining facility my own) i'am not sure if every coin should have it's POW network. Having in mind that small networks with low hashrate could be 51% attacked by literally with 10$ per hour bought hashrate from nicehash i'am not sure it makes much sense from a real decentralized point of view, but that's another story i guess.
Here an interesting read how cheap it is indeed to 51% attack small coins: https://www.crypto51.app/ PoW 51% attack cost