Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
You still haven't completely answered the question. Why would a masternode owner continue to mine DASH if it's not profitable?
Yes he did, and so did I.
The reason this is more favourable to the Dash Miner/masternode combo than, say [Other Coin Miner]/Dash Masternode combo is because it optimises Dash coin accumulation which can go towards masternodes and further reduce the effective difficulty. (In the examples below, nearly 3 nodes are acquired by the mining equipment break even point. In the non-hybrid example they're all from mining reward which turns that operation into a de-facto hybrid one anyway if they are held).
Re. this point:
And what if your theory happens to be correct? What if some masternode owners are actually also mining and inefficiently achieving the goals you claim they are when they could do it far cheaper? What then? What does that change?
What is changes is that Dash drops chronically in marketcap ranking since mining is subsidised by its own blockchain while in other (100% mined) coins it isn't subsidised at all. The entire capital that's invested in mining has to come from outside of the ecosystem which is why their blockchains are healthy while ours is atrophying by comparison.
I remind you of the quantified version since you asked for "proof" in your last post:
Has proof been provided? How come I don't see it? Can someone else besides toknormal or thunderjet vouch for what they're saying? Can a masternode owner chime in and let everyone know that they are also mining DASH?
So you're saying masternode owners that are also mining DASH has caused the DASH bear market coincidentally the same time the rest of crypto went into a bear market? Or maybe you're saying that masternode owners who also mine DASH caused the entire crypto bear market? Did these same Dash masternode owners/miners cause the 10% DASH price increase yesterday as well? What percentage of the masternode owners do you imagine are also mining DASH to cause DASH to chronically drop in marketcap rankings? By chronically dropping do mean DASH dropping to as low as what, 32nd, maybe 33rd, and now slowly climbing back up? Do you consider a stable coin backed by fiat as a better investment because it has a higher marketcap than a crypto with a lower marketcap?
Non-rhetorical question here: Are there any cryptos profitable to mine during their own bear market? DASH is still in a bear market. Almost all the POW coins you keep bringing up are not. Maybe miners understand market cycles enough to know that if they can suffer thru bear markets they'll be more than rewarded during bull markets?
Another question: Where exactly did you answer the question about why someone would do something more costly that could be done more cheaply?
PS: BTC above $16200 and LTC below 370000 satoshis now... getting closer. Toknormal, do yourself and everyone else here a favor, take profit this time...