Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
LPCobris
on 16/03/2014, 01:48:58 UTC
this chinese cyborg moved to cexio again and after todays 3 hours of "something went wrong" he is spoiling all the sugar for now. take him back, please ))
is it just me or since he left, wp profit meter shows x2 more than it was with him?

So if the "chinese cyborg" is an arm of the gridseed manufacturer, then I wonder if they one day they might look back and realize that it really was not the most profitable move to significantly depress the value of scrypt coins before selling their hardware to customers!  It's only been two months since their appearance, but now they will have fewer buyers at the prices they desire, as the coins themselves are only worth half as much.  I know that I'm certainly not going to buy any single purpose hardware that becomes completely useless when the coin markets move on to the next algorithm.



They will win anyway.. by mining full scale, they are recovering all the invested money, drying out the market and killing any oportunity for the smaller miner...
Gridseed might never sell to the miners, but the chinese will get the BTC they ever need, by mining like they are doing now...

For me, its sad that pools are acepting that INSANE Processing power from just one guy...
I understand the "money on the pocket" idea, with an incredible fee for free... but in the end... It all about two things...

a) Greed
b) Greed

LPC