Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Phoenix1969
on 28/03/2014, 17:19:58 UTC
Altcoins could be worth dirt after Titan arrives....  or they could skyrocket....  Think about it.

Scenario 1..
Every GPU will be rendered obsolete for mining overnight.
Those who had GPU's sell off.... and nobody want to buy alts anymore,
driving the price into the dirt.


Scenario  2...
Titan owners hold coin for much longer than GPU owners causing a shortage
which drives the price of alts higher through simple supply and demand.

The facts:  Either scenario will be controlled by Titan owners, so if you
decide to use the roaming altcoin pool that cashes you out to btc automatically with a Titan;
you will be responsible for the big drop in price. killing your own profits.
The only that Titan will ROI the wat you hope... is if most Titan owners mine & hold.