Now the final chestnut...
So Its all about us wanting to be able to mint coins and nobody else...Yeah you have totally got me their...lol
I do this purely so nobody else can mine.... Your argument is pure genius... I get it that this is your point of view but it is not mine ..sorry
Ugh, the stupidity of that conclusion flys in the face of all logic.
It assumes people can't find the silver lining regardless of the turnout of a situation.
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By those geniuses (nottm28, Endlessa, where is that wrenchmonkey?) mode of thinking there is no way for a miner to profit from either situation. SIGH.
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Whats interesting about their argument is that the premise itself doesn't ultimately make sense. If a miner were worried about the hashrate going through the roof making their miner unprofitable...then wouldn't a moment of thought applied to that logic....also lead a person to resolve the idea in their mind that "then no ASIC unit would be profitable" if that were the case?
Isn't that pretty obvious as a conclusion?
If mine were not profitable in that circumstance then, why would any other ASIC miner in another persons hands help?
They seem to miss the obvious. Or perhaps they have no actual idea of the various solutions you can come up with to resolve every situation. (Of which I am not going to say anything on...if you haven't figure it out, then that is good for me!)
