Latest posts of: abbasabba

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Thanks and i posted the article here as well so you guys can read it as well, TY very much, Hope you enjoyed it and if I can ever write anything for you guys I love the opportunity, Thanks,

Being involved in mining of BTC as well as the recent mining of alt-coins, I as an individual will go to where the biggest reward exists for my output of time and money. This does not mean that I wont still have a s7 antminer keeping up and mining what it can given the increase in difficulty that most of us have succumbed to. I was in a lucky place and time where I had an opportunity last month to sell my other 2 s7s at 400 each which is almost their new value. This however did get me thinking and upon reading this article it is even more clear as to where the mining of btc has gone in recent months if not the past year. I will still always support bitcoin and I will and always want to have not only the equipment to help the infrastructure but also to have a say in things they do and don't do, as the questions come up like the recent seg-wit vs hard fork war. I only hope for the best of us all lets do what is best for the consumer with the least risk for the chain itself. I know and have a good feeling that seg-wit will not only be an asset to btc as is recently has to Ltc but it will also find other uses in the cryptocurrency markets for a time to come. To quote the author and then respond to his article...

"It is very clear that Bitcoin mining in 2017 can be complicated but it always depends on multiple factors. Of course, it is not easy but individual miners can still obtain benefits from the ecosystem. Strategic planning and favorable environment are among the factors that can help them flourish in this enterprise. All in all, these should not detract investors and miners to continue mining this year and beyond"

I believe there are a few ways that us miners can obtain certain benefits from the ecosystem. These decisions would also tie in to the next part of that Paragraph. Strategic planning and a favorable environment are what people with huge operations have and what has and will continue to drive the difficulty of btc up and up....an up even more. By the time anyone who mined on an individual level would be in a place to compete with what was in essence a large take over and a slap in the face to those that were supporting nodes and the chain waaay early and to have it ripped out of our hands by the people who decided where the levels would go every few weeks wasn't a very nice or kind thing but it was a business decision. So when people like Adam Meister say they want to keep the btc system for the people he says he sees like himself who have been doing this for quite a few years now he should look at what he has done to those people before making rash decisions that actually took away trust in BTC and was very clear to see in the markets. I am not going to say right now the best alts to mine but just like most other btc miners I have been gifted with a niche that I will use to my advantage and support early blockchains of many sorts. I just hope all independent miners to find a place to communicate so we can make sure to share similar pools etc to fight against what has been done to us to keep us in the best possible position givin the state of this market today. You can always reach me either on here or crypto-games and there my names abbasabba as well.