Quote from: notsofast on June 27, 2014, 07:54:27 PM

Quote from: Amph on June 27, 2014, 07:37:52 PM

Quote from: mamba on June 27, 2014, 07:32:38 PM

instamine could have been avoided if planned proper..
Good to see some big hashes... Go Brits go..

you know that someone who rent 1 giga and mine at diff 1 or 10 or even 100, is like someone who mine with one gpu but at diff 0.001/0.01 ecc..

this mean that everyone with a big rent is actually instamining

I don't mind so much when this happens. If they dump it badly they give everyone else the chance to buy in cheap. If they dump smart they make a profit over time and don't affect the market of the coin too badly. And if they hold instead of dumping they artificially tighten the supply, which given fixed demand creates upward pressure on price.

my point was, that all coins are actually instamined, in one way or another