Well, it appears you simply want to disagree for the sake of disagreeing.
I am often guilty of this particular transgression, however it is not the case here.
And, you've used the proxy argument of "being confused" by the original post.
The original post, is factual assessment of ROI on buying GPU rig versus buying Antminer S9 and PSU - these cost nearly identical amounts of money.
However, the GPU rig takes 330 days to achieve a ROI on mining Ethereum. The Antminer setup takes 190 days to achieve a ROI on Bitcoin.
Your original post, as written, is an assessment of ETH pricing versus BTC, not of ROI on miners. You claim that ETH is underpriced because it takes longer to achieve positive ROI.The original post, is factual assessment of ROI on buying GPU rig versus buying Antminer S9 and PSU - these cost nearly identical amounts of money.
However, the GPU rig takes 330 days to achieve a ROI on mining Ethereum. The Antminer setup takes 190 days to achieve a ROI on Bitcoin.
Convince me there is a causal link there, because it would be a nice tool of assessing market values of altcoins.
The way I see it, SHA ASIC units are priced with BTC price somewhat in mind. Naturally, as their only purpose is to mine BTC - so perhaps their pricing is in a way indicative of BTC value (wild speculation on my part).
The same cannot be claimed with regards to GPU rigs. To put it bluntly, AMD and Intel don't give a rats ass about ETH.
Using your argumentation, I could pick any random GPU mineable shitcoin and then claim it is wildly underpriced as I'd never ROI mining it.
Additionally, what about POS coins? How can we value those, as there is no hardware to mine them.
Now, you are using the proxy argument of not seeing the connection, which has been published many times by other people.
When, I first got into crypto-currencies over, 2 years ago - it was written out that when the ROI is close too 365 days on mining hardware you're better off buying the Bitcoins from the exchanges, when the ROI is close to 180 days you are better off buying mining hardware.
Turning too, pricing on POS.
It is a simply calculation - how many businesses are being built on it, which will meet the supply of any POS output (the POS rate being low is beneficial).
Ethereum has the highest number of entrepreneurs building new businesses on the network, which is going to get rid of any POS output of Eth.
The simply fact is: a lot of smaller crypto-coins, that had POS implementation have never had any businesses built onto their networks.
Therefore, most of data people quoted about POS is merely written out by Trolls!
It is irrelevant to Ethereum, because there are regular updates from people building these businesses that will use Ethereum's facilities for smart contract technology.
you pointed it out right this coin is for bussines and bankers not for everyday people. every day people like you just pay for them to gorw and hope the coin will make them rich.
and id guess those biz will be happy if the price stays low once there project runs on the chain.
dont get me wrong i like the idea of ethereum. but i say the coin is overpriced it will fall and be used as suposted. its not a get in and get rich coin.
and i would not invest a tousend to mine gosh there are faster and easier ways to double my money
I do understand, that you have no interest in Ethereum and don't follow developments.
The list of businesses in development is unrelated to banking - not surprising that you didn't realise that.
As you've posted on this thread, you don't know anything about Ethereum.
