End of Big Miners

[cowandtea]

Watch and see.  Mt. Gox is about to add LTC to its list.  I have inside information.

If I were you, I'd be buying up LTC right now, like this one on ebay:

http://www.ebay.com/itm/ONE-HUNDRED-LITECOIN-crypto-currency-available-NOW-100-LTC-/131015977682?pt=US_World_Coins&hash=item1e81292ad2

Waiting and waiting and waiting, hopefully they add LTC before the government take them down.

[polarhei]

You forget one thing. Technology is improving massively.
There will be much more efficient chips available...

That depends the popularity, bigger miners will be available just in limited basis, I personally like to obtain one. But think carefully, I select a mining contract instead of obtaining big equipment as the game becomes more difficult, upgrading will be more often.

[challen]

I think the 28nm ASIC's are being tested with this crazy increase in difficulty.

[deepceleron]

Somebody's not following the rules - it is supposed to be six blocks an hour...

263765 (Main Chain)    2013-10-15 05:22:16
263764 (Main Chain)    2013-10-15 05:19:42
263763 (Main Chain)    2013-10-15 05:19:09
263762 (Main Chain)    2013-10-15 05:16:35
263761 (Main Chain)    2013-10-15 05:15:05
263760 (Main Chain)    2013-10-15 05:03:09
263759 (Main Chain)    2013-10-15 05:00:28
263758 (Main Chain)    2013-10-15 04:59:58
263757 (Main Chain)    2013-10-15 05:00:04
263756 (Main Chain)    2013-10-15 05:02:30

[hulk]

Everyone would be mining Bitcoin 2 by then, created after Bitcoin have all 21 million coin mined.

[donut]

Everyone would be mining Bitcoin 2 by then, created after Bitcoin have all 21 million coin mined.

That's what transaction fees are for. There will be no Bitcoin 2.

[alp]

Bitcoin will not have a huge price increase, it will not even get to $200 again.  Watch and see, keep your money out of BTC!

LiteCoin is poised to pop way up soon.

Pretty high amount of wrong per word in this post!  Congratulations.

[hulk]

Everyone would be mining Bitcoin 2 by then, created after Bitcoin have all 21 million coin mined.

That's what transaction fees are for. There will be no Bitcoin 2.

Why not? Did the creator mention something about this?

[timk225]

Bitcoin 2 already exists.  It's called LiteCoin.

[hulk]

Bitcoin 2 already exists.  It's called LiteCoin.

Ha, too bad my ASIC won't work on that

[PrintMule]

Bitcoin 2 already exists.  It's called LiteCoin.

But it's price is going down and down and down

[Samir_H]

Bitcoin 2 already exists.  It's called LiteCoin.

But it's price is going down and down and down

Almost dead at the moment.

[timk225]

BTC had quite a few price ups and downs in its earlier days, research the historical charts on it. 

Now's the time to get into LTC hardcore style.  I have 190 LTC I'll sell for $1000 US Dollars. 

And yes, that's above the current market price, but it is far below what the price will be in 6 months!  Get them now while you can!  First come first served!  PM me.

[Gator-hex]

Bitcoin 2 already exists.  It's called LiteCoin.

Ha, too bad my ASIC won't work on that

That's the whole point, they designed it so it could only be run on a PC, so nobody could make you pay 1 years forward production for some fancy electronics only a few control production of.

They also fixed the 51% and it goes tits up bug.

And they fixed the transactions will be too costly if the currency ever takes off, in processor time, bug.

It is in all respects Bitcoin 2.0

[beekeeper]

Bitcoin 2 already exists.  It's called LiteCoin.

Ha, too bad my ASIC won't work on that

That's the whole point, they designed it so it could only be run on a PC, so nobody could make you pay 1 years forward production for some fancy electronics only a few control production of.

Can be run on FPGAs too, check my sig.

[hulk]

Bitcoin 2 already exists.  It's called LiteCoin.

Ha, too bad my ASIC won't work on that

That's the whole point, they designed it so it could only be run on a PC, so nobody could make you pay 1 years forward production for some fancy electronics only a few control production of.

Can be run on FPGAs too, check my sig.

Nice, you make them?

[Icon]

First off, someone hasn't got a clue about mining, when/if the people turn off there miners the diff rate WILL drop. (just look at LTC diff keeps going up and down).

Second, mining scrypt coins and exchanging them into btc is giving new life into old gpu miners, same thing can be done to sha256 alt coins. Use those old usb miners to mine sha256 alt coins, to trade for btc.



 

[hulk]

First off, someone hasn't got a clue about mining, when/if the people turn off there miners the diff rate WILL drop. (just look at LTC diff keeps going up and down).

Second, mining scrypt coins and exchanging them into btc is giving new life into old gpu miners, same thing can be done to sha256 alt coins. Use those old usb miners to mine sha256 alt coins, to trade for btc.



 

sha256 alt coin is not as profitable as scrypt alt coin.

[fattypig]

First off, someone hasn't got a clue about mining, when/if the people turn off there miners the diff rate WILL drop. (just look at LTC diff keeps going up and down).

Second, mining scrypt coins and exchanging them into btc is giving new life into old gpu miners, same thing can be done to sha256 alt coins. Use those old usb miners to mine sha256 alt coins, to trade for btc.

You probably don't have any idea with this http://www.coinchoose.com/index.php.

[Samir_H]

Not a single one SHA-256 alt-coin worth mining