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 Mining is VERY competitive. It's an arms race against the ASIC clock. It's also a race against the rising difficulty clock. Asics's are coming one way or another. I still think it will be a while before they offer the performance/price that makes sense. Also, it will take a generation or two to really get the kinks worked out. But if you aren't either racing to get as much coin now as you can, then you are bringing up the rear because the rest of use are building farms. We want to collect/cash in as much BTC as possible before ASICs drive the difficulty up so much that you actually NEED said asic to mine/survive in this hobby. It is called progress. Either you move along with it or you get left behind crying about the neighbors Maserati Smiley +1. Finally some adults around here. Funny how kids around here like to play with their words just so they can 1up people on the Internet. |
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I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.
And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.
...and I have a house....
That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs. I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you. Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away. The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha. How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's. In competition you know your opponent. Who are you battling? For what? No end prize. Mine until you don't want to. Who says how much or little you have to mine? Sorry but mining is not competitive in the sense I am talking. You don't make any sense kid.. Actually you don't make any sense. Mining isn't "competitive." Not in any way shape or form. This is so, because no matter how high your hash-rate, it does not affect my own earnings. The only possible way mining could be "competitive," is if you felt some need to earn more than the next guy, and he chose to "compete" with you. As long as I am happy with my hash-rate, your hash-rate is irrelevant. Whatever you say, bud. If that's your opinion, then you're entitled to it. |
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Also, people seem to forget that Scrypt ASICs allow for more expandability for miners like me, with 11 rigs. I have no room left, I'd be tripping breakers, and too much heat is being generated.
Scrypt ASICs would solve all these problems for me.
So that argument about X number of 280x's costing XXX dollars, isn't totally relevant when trying to compare to ASICs, which can allow much more hashing, with much less power consumption, and much less heat being generated, and taking up a much smaller footprint.
Also applies to people who live in smaller apartments. Suddenly instead of having enough circuits to allow going from 5 MH/s, to being able to power four X 25 MH/s ASICs, will make a huge difference.
You keep forgetting that difficulty will rise like there is no tomorrow. So your going to need more and more and more eventually turning into bitcoin. Right, because I forgot this very obvious factor, on more than one occasion, with my low post count, which by the way, was completely irrelevant to the statement I was trying to make.  Moron. |
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Google employees are given time to spend on personal projects. I wouldn't be surprised if someone at Google hacked Google Wallet to hold bitcoins.
I recently worked on a side project where I hacked our payment processing system to accept bitcoins, but my company still has no plans to accept it.
Interesting, where do you work? Google. Read between the lines. |
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I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.
And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.
...and I have a house....
That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs. I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you. Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away. The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha. How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's. In competition you know your opponent. Who are you battling? For what? No end prize. Mine until you don't want to. Who says how much or little you have to mine? Sorry but mining is not competitive in the sense I am talking. You don't make any sense kid.. |
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I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.
And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.
...and I have a house....
That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs. I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you. Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away. The competitive nature? You start your 11 rigs and go do whatever you do. Then have H20 do the work for you. Oh hey, bitcoin in my wallet. Competitive nature. ha. How is it not competitive? Do you know what competitive means? lol, whoever has more hash power, earns more coins. It's that simple. If there was no competition, nobody would need ASICs or GPU's. Satoshi would be happily mining away with a few CPU's. |
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I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.
And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.
...and I have a house....
That would be because you have 11 rigs. Sure you have a shit ton of hash cool. but once scypt acis come out. normal people will become obsolete. Like mining bitcoins is now. like it has been said a million times before. Some people don't have a house payment to put out on mining rigs. I'm not trying to offend you, but if you can't deal with the competitive nature of this business, then it's not for you. Also, like I said, I wouldn't worry about GPU's becoming obsolete. Quark for example, with the right software, can be mined with a GPU. I'm sure there will be many others. I could be wrong, but in my opinion there is currently too much vested interest here to just let this all die away. |
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I don't know about you, but I'm not concerned about Scrypt ASIC's rendering my GPU's obsolete for mining. I'm sure there will be something new to mine anyway.
And what's with the spiteful reply? lol, bunch of kids on here full of hate... seriously.
...and I have a house....
I can also say the same to you.. Instead of buying a "fuckin house". Buy some more "fucking" rigs, or stop complaining like a child.
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Also, people seem to forget that Scrypt ASICs allow for more expandability for miners like me, with 11 rigs. I have no room left, I'd be tripping breakers, and too much heat is being generated.
Scrypt ASICs would solve all these problems for me.
So that argument about X number of 280x's costing XXX dollars, isn't totally relevant when trying to compare to ASICs, which can allow much more hashing, with much less power consumption, and much less heat being generated, and taking up a much smaller footprint.
Also applies to people who live in smaller apartments. Suddenly instead of having enough circuits to allow going from 5 MH/s, to being able to power four X 25 MH/s ASICs, will make a huge difference.
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I don't know about you guys, but I'd rather buy GPU's to earn BTC than pre-order ASIC's at the moment LMAO.
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If you mine to a new address every day your payouts will remain high.
h2o is stealing by giving good days followed by bad days.
also he logged in this site ever day, but never posts anymore, and hasn't been on Twitter either.
MINE TO A NEW ADDRESS FOR BIGGER PAYMENTS!
I was going to trust your advice for a second there.... Then I noticed your trust rating..... |
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