Quote from: MrBig on October 24, 2014, 08:20:18 PM

Quote from: raid_n on October 24, 2014, 08:12:07 PM

Wait, didn't you get the memo that the supply of new bitcoin is diminishing over time? [edit]
And absolutely nothing is stopping you from mining bitcoin right now or starting a business that produces asic miners.

Maybe you'd like to donate $20 or $30 million to him so he can get his mining business going?

If I had the money I might try that myself. The point is if he can convincingly sell his business plan there will be investors.
Since when was there a guarantee for profit?
How much should an individual be able to mine? You do realise that if something is profitable there will be an incentive to try and expand to gain even more profit?
Since everyone will be doing that the difficulty will increase ultimately diminishing profits for everyone again.

You can't have a valuable and widely used bitcoin while being able to substantially mine as an individual with low end hardware. At least not in a free market