Difficulty climbing fast

[sam765]

They would start now,and years from now it would be revealed to the bitcoin community.

That's a freaking good point...  :-(  Very realistic (no irony), that's one of my big concern about bitcoin

[DannyHamilton]

Mining will cease sooner or later anyway, once the maximum available coin has been mined....

No, the activity that is currently called mining will continue for as long as bitcoin continues to be used.  You may want to take a little time and learn a bit more about how bitcoin works so you won't feel so tempted to spread mis-information about bitcoin in the future.

[DannyHamilton]

They would start now,and years from now it would be revealed to the bitcoin community.

That's a freaking good point...  :-(  Very realistic (no irony), that's one of my big concern about bitcoin

Your concern is that big corporations will start mining?

Why does that concern you?

[sam765]

That they have the power to get the ASIC generation in advance of any one else (like some already do now). When we can get the equipment, they already have mined with that technology for several months. That make it little worth.
So they basically own the revenue tools.

[Birdy]

That they have the power to get the ASIC generation in advance of any one else (like some already do now). When we can get the equipment, they already have mined with that technology for several months. That make it little worth.
So they basically own the revenue tools.

Buy an Asicminer share and profit from that, too :3
(Disclaimer: I own a few of them xD)

[acne]

IT is climbing fast, very fast

[sam765]

Buy an Asicminer share and profit from that, too :3
(Disclaimer: I own a few of them xD)

I know little about Asciminer shares. How can I check profitability, return, etc ? I saw few auctions but I don't know how to value those.
I just know that the Asciminer blade extruder on auction are way overpriced and cannot provide ROI, so how are shares different ?
Is it because the "big corp" are already on the Next Gen extruder, much more profitable ?

[iram1088]

Why would you support a scam company like BFL? Most of the customers will never recieve anything. Only shipping out some so more keep preordering before no one shows up for work and the company is disbanded.

[oxoa]

Soon only the rich will be able to mine - Ah capitalism!

Well it's always possible to gather between various people/friend and share an ASIC
putting the same price you would put in a GPU rig each one of you...

That's what we do with my mates...

[oxoa]

Why would you support a scam company like BFL? Most of the customers will never recieve anything. Only shipping out some so more keep preordering before no one shows up for work and the company is disbanded.

Are you on the same earth?
People started to receive their BFL, why do you think difficulty raised?

[surebet]

Why would you support a scam company like BFL? Most of the customers will never recieve anything. Only shipping out some so more keep preordering before no one shows up for work and the company is disbanded.

Are you on the same earth?
People started to receive their BFL, why do you think difficulty raised?

Because every other ASIC manufacturer has been pumping a steady supply of GH/s into the network for months.

[Markov]

Buy an Asicminer share and profit from that, too :3
(Disclaimer: I own a few of them xD)

I know little about Asciminer shares. How can I check profitability, return, etc ? I saw few auctions but I don't know how to value those.
I just know that the Asciminer blade extruder on auction are way overpriced and cannot provide ROI, so how are shares different ?
Is it because the "big corp" are already on the Next Gen extruder, much more profitable ?

I'd like to know more about that as well. Any good threads about it?