Quote from: bitmaster222 on March 18, 2014, 10:54:28 PM

Quote from: sethnis on March 17, 2014, 04:26:08 PM

If these things are so efficient and powerful why won't they just plug the machines and mine crypto themselves?

SCAM

Back during the great gold rush the people selling picks and shovel made way more money selling tools than people striking gold and getting super rich! Just because someone has all the tools doesnt make it effecient/profitable to use them

Why do people keep bringing up this retarded analogy? When you wanna strike gold you first of all need to FIND the gold, which is what consumed most of the time and the money(traveling, ground testing, paper work, etc).
Not to mention you needed someone to be there, physically, to mine it.

With cryptocurrency all you gotta do is connect the damn miner to the plug and viola, gold.

If a seller of shovels during the gold rush would just strike gold wherever he lands his shovel he's just mine the gold himself. If it was anything similar to cryptocurrency you'd see thousand of people surrounding his shop mining gold.
Quite the sight I'd imagine.