Post
Topic
Board Bitcoin Discussion
Re: Difficulty Lowering Question
by
exoton
on 20/12/2014, 23:06:21 UTC
after all if your not keeping the bitcoin you're mining.. then why the hell are you mining!..

I think most crypto miners are like Gold miners... they mine, sell the gold, and collect the cash.

This is why we all need to focus on merchants integrating Bitcoin on the payroll side.
This is especially true today with the corporate miners out there. Before ASICs become as common as they are today we had more miners who simply wanted to acquire bitcoin but now miners are really only in it for the profit (although some may keep a portion of the bitcoin they mine above the cost of electricity)