Post
Topic
Board Bitcoin Discussion
Re: Woah, block solved in 20 seconds by Slush's pool.
by
krampus
on 17/01/2014, 06:09:33 UTC
Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires.

I'm mining forever. Tongue Regardless of profit.

In a twisted kind of way, mining at a level that is less than or equal to the cost of electricity is essentially using the electric company to convert fiat into Bitcoin. You get untraceable Bitcoin for fiat, which is definitely not a bad thing.*

*for various definitions of "bad".