new record on hashrate for ETH.

262350 Gh/s.

WTF is happening here??? This is destroying profit!!!!!! OMG!!!!!!!

4 hours ago we had 252.000GH/s.

As time passes by , more and more and more GH are joining the pool while THIS IS BECOMING LESS PROFITABLE. Are the people really mad?? Or is it that people have definetely abandoned many many many other coins???