Topic: Custom ASIC hardware will be for sale at COST PLUS 20% in 180 days... (Read 1059 times)
August 12, 2013, 04:35:44 PM
The primary purpose of mining is to secure the network and process the transactions, not to make anyone rich. For the exchanges to function there has to be mining. Actually, for the benifit of the network decentralisation, everyone should have at least one small miner running, e.g. a BE.
August 12, 2013, 12:58:51 PM
It seems to me the only logical place this can end is manufacturers selling hardware at COST PLUS 20% and in very large volumes. Mining is becoming an insanely risky conversion engine from fiat to crypto-currency. The only people that will eventually be mining will be the guys making the hardware.
There is another very quick and effective conversion engine. It is called an EXCHANGE.
Thoughts? Input?
There is another very quick and effective conversion engine. It is called an EXCHANGE.
Thoughts? Input?
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