Post
Topic
Board Mining
Re: Miners that pay for electricity should seriously start reconsidering
by
Cluster2k
on 08/08/2011, 14:15:37 UTC
Wow, 203 posts and you still do not know that you need mining for the transactions to go through?

Oh, I know that.  By 'we don't need miners' I mean we don't need hoards generating bitcoins for little to no profit at current prices.  There will always be miners out there mining with very cheap or 'free' electricity, so transactions will always go through.

The hash rate has barely risen over the past few weeks so it seems we're well past the moment where GPU mining is attractive.  Next up is FPGA mining, assuming someone puts together an attractive package.