Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]
... Traditionally bitcoin securities trade for between 3 and 10 times their instantaneous annualized return...
Traditional securities don't depreciate by 50 to 200% *monthly*. This is bitcoin mining, a very untraditional security
Check up historical prices and dividends. BTC mining securities generally have adjusted to maintain a yield of 10-30%, with the occasional spike up or down depending on news.
This is largely being driven by a personal issue between Garrett and Goat. No need to drag the rest of us into it.
Garr is the one who took it to this point. He knew the risks.
No argument here. Garr fucked up. However, your actions are compounding the fuck up.
This is in nobody's best interest.
Seems like you would defend Pirate if he took 95% of the money but held 5% over your head and was saying he might give it back later.
We might get back .08 of .6 Who really cares? Why are you letting him fuck you and get away with it?
I'm not here to make friends, Goat. I'm here to minimize my losses and maximize my gains.
--EDIT--
Speaking of minimizing losses. Garr, if you're lurking, miners 3, 5 & 6 are down and 4 & 7 need a reboot. There seems to have been some power event at ~17:00 GMT