Thanks for update. An update every friday works fine for me (even if I check here daily 
Still, some good points, anon29426. 'Delivery ramping up' is really sweet talk - they at bitmine are still not sure when the production of rigs will even start! And that 'coming weeks' timeline is very vague.
If we look at the coins minted, PETA did manage to keep with diff last week(s), it's that btc price drop lowered our divs.
Still, some good points, anon29426. 'Delivery ramping up' is really sweet talk - they at bitmine are still not sure when the production of rigs will even start! And that 'coming weeks' timeline is very vague.
If we look at the coins minted, PETA did manage to keep with diff last week(s), it's that btc price drop lowered our divs.
well, the major consensus is btc is probably going to stay in the 400-500 range for a while. so basically were fucked. increasing hosting costs as new machines are added, but the new machines are coming in at such a slow rate that the hosting cost aswell as the difficulty increase is going to kill us. tell me im wrong? please. im tired of following this bullshit blindly.
this prob isn't cryptX's fault, they seem professional. but bitmine are an absolute joke, and our entire business is relying on them most likely for the next couple of months.
we are so lucky the difficulty has slowed, but its starting to ramp up now.
im jumping ship as soon as i can get on my laptop
this project might be going somewhere in a few months when we actually start producing our own hardware, but its not going anywhere in the near future but downhill
please, someone, tell me im wrong. the signs are on the wall as clear as day
I could tell you you're wrong depending on your definition of "for a while." There has never been a 1 year period where bitcoin did not double in value year to year. We are looking at a price recovery to ~600 around August, ~1k around Nov a ~2200 coin by December 1. Cryptx value is psynergistic w coin price bc as coin price increases, maintenence fees, etc go to 0 bc they are nonbtc denominated.
Lastly, historically the most profitable btc investments have not been miners, they have been technology producers ie ASIC.
This is not some day trader investment, but we are fundamentally not only sound but strong for those who can keep their money in for minimum 3 months, preferably 6 or more.