Thank you cryptowho for the very detailed response.
To answer your last question. Yes, yes i am mining reddcoins right now, and yes i did buy 140$ worth. (bonus round, i built a gaming computer a year ago and just so happened to pick a great mining GPU by coincidence)
But a better answer would be that I'm not swearing allegiance to anything right now, I know far to little about this whole Crypto thing to swear allegiance to anything at this point.
I find this whole industry so interesting, from the gambling aspect, to the technical, to the trading and reading of the market. I wanted to know if this could be a hobby that actually made me money, instead of costing me.
please don't confuse me with other people who are looking for the "magic internet money", I understand i may have just threw away that money i mentioned, but it was, and is an experiment for myself.
Now, in regards to your big post.
you did clear up a few things, i kind of figured that more overall hashing power would increase the difficulty and profitability, but i just hadn't gotten the vibe that anyone was really concerned about it. Perhaps all the posters already have theirs ordered?
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
I was hoping that there would always be some kind of low-key coin that could be mine, and maybe even traded.