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Author Topic: Moderators are not helping new folk understand mining.  (Read 918 times)
SMB-2525 (OP)
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September 28, 2014, 11:09:20 PM
 #1

Yet another post trying to help new people understand the economics of mining gets moved to mining speculation. I tried hard to avoid that with this thread

https://bitcointalk.org/index.php?topic=801434.0

I hereby nominate a new category - the economics of mining.

The moderators are not helping new miners understand the business by putting articles on the economics of the business into speculation. IMHO, this dogmatic approach means this forum is effectively acting as shill for those selling hashing power.

I'm disappointed.
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September 28, 2014, 11:17:16 PM
 #2

Can you predict the future? No. Therefore it's speculation.

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September 28, 2014, 11:25:11 PM
Last edit: September 28, 2014, 11:58:26 PM by ckolivas
 #3

Moved to meta since you have a complaint about moderation and a request for a new sub-board.

Also note the forum is literally LITTERED with my own warnings about making money, like this:

You learn about bitcoin mining, read lots of advertisements, visit lots of flashy sites, compare prices, look at forecasts, consult experts, examine graphs, pick apart forum posts, make predictions based on all that and then you flush your money down the toilet. Then you spend the next 6 months making shit up to convince yourself and others you made money in the process.

So saying I'm shilling for mining is hardly accurate...

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
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September 29, 2014, 01:01:24 AM
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Is there anyone providing more accurate information than me on the BTC and dollar ROI on mining?

If yes, I'll stand corrected as I do not read every thread.

I see a bunch of posts like yours with no data do back them up.
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September 29, 2014, 01:47:12 AM
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no offense Bro but get a clue.
Is there anyone providing more accurate information than me on the BTC and dollar ROI on mining?
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September 29, 2014, 04:41:18 AM
 #6

bitcoin mining will not ROI if you pay for electricity.  not with current difficulty, difficulty increase and price of bitcoin. the only way to ROI is that the price goes ath.

i agree with the moderators, bitcoin mining is a speculation as it is today. btw the moderators ckolivas also build cgminer program if im not mistaken ? 

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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