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Board Archival
Re: delete
by
kelsey
on 06/04/2014, 00:16:58 UTC
oh shush........miners selling for a loss is the main way I make profit without having to mine myself  Grin

If they sell for a loss it is in terms of their power cost.  It doesn't translate into profit for others.

If they sell at a loss it means its cheaper for someone to buy then to mine, so therefore subsiding my acquisition. Yes I still take a risk that the price will have to rise, but it becomes a relative less expensive risk then paying for mining equipment and electricity.