Re: Hashie.co - Cloud Mining from 0.0012 BTC / GH | NEW: AMHash | FREE 10 GH
All cloud mining farms are kind of ponzi
so all off them wiil be collabs one day
importatnt thing when you join and when you left..
so all off them wiil be collabs one day
importatnt thing when you join and when you left..
not really. have you ever seen a mining company at work ?
Of course they´re a ponzi. The more the product falls in price
the more they increase production capacity. In the real world
where people have to work according to basic economic principles
that´s called being certifiable/and or criminal.
Ermmmm, what
?Exactly. Most investors in these cloud mining schemes seem totally
oblivious to this obvious and elementary fact.
maybe i should e-mail my maths, economics and marketing professors, cause in the world i inhabit price and production capacity dont necessarily have a direct relation. are you not confusing price with cost ?
So, where you work the more a product tanks in price the more
resources you put into producing it ? Right ?
If it is still somehow economically profitable, yes.