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Topic: Fanboys vs the ROIers... The Custom Hardware Divide! - page 2. (Read 1451 times)

legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I think there is plenty of middle ground.  Most would like to see the bitcoin network more secured, most would also like to make some money for their efforts.  Not really sure what this post is driving at.  I mined around break even with GPUs for awhile however judge future miner hardware purchases based on speculative BTC ROI.  Being interested in ASICs and not wanting to lose money aren't mutually exclusive.  I'm sure there are plenty that have bought small USB miners for fun knowing they'd likely never turn a profit and also purchased larger priced ASICs with profitability in mind.

What is this post driving at?  I'm just pointing out that there seems to be such a strong divide between the "wants" and the "want nots".

And oddly, some of the most vocal people in the Custom Hardware subforum are the "want nots".  Why do they feel its their duty to "educate" those of us who are actually interested in the topic?  Frankly, it tiresome and boring.

Flame away!
Well I guess we'll have to disagree that such a large divide exists then.  Most arguments surrounding this topic I've seen stem more from a differing of what constitutes ROI.  If you know your equipment likely won't make a return over investment and you are fine with that and your motivation is to secure the network and get a chance to own ASICs, then I don't think that is very controversial and I doubt anyone has a problem with it.

to be honest, i am not against collectors and small miners who take mining  as a hobby, but I am against that behavior because it gives the wrong attitude for manufacturers, they will overprice each product because of people like that.... nothing personal but i guess it is an open market and this is how it goes...
sr. member
Activity: 410
Merit: 250
I think there is plenty of middle ground.  Most would like to see the bitcoin network more secured, most would also like to make some money for their efforts.  Not really sure what this post is driving at.  I mined around break even with GPUs for awhile however judge future miner hardware purchases based on speculative BTC ROI.  Being interested in ASICs and not wanting to lose money aren't mutually exclusive.  I'm sure there are plenty that have bought small USB miners for fun knowing they'd likely never turn a profit and also purchased larger priced ASICs with profitability in mind.

What is this post driving at?  I'm just pointing out that there seems to be such a strong divide between the "wants" and the "want nots".

And oddly, some of the most vocal people in the Custom Hardware subforum are the "want nots".  Why do they feel its their duty to "educate" those of us who are actually interested in the topic?  Frankly, it tiresome and boring.

Flame away!
Well I guess we'll have to disagree that such a large divide exists then.  Most arguments surrounding this topic I've seen stem more from a differing of what constitutes ROI.  If you know your equipment likely won't make a return over investment and you are fine with that and your motivation is to secure the network and get a chance to own ASICs, then I don't think that is very controversial and I doubt anyone has a problem with it.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I think it's true that this forum is dominated by people who are obsessed with the idea that Bitcoin mining should be a guaranteed ROI, and rail against anyone who gets in the way of their God-given right to free money.

Whatever you may think of YiFu and Avalon - I agree with this:

I am tired of this toxic community malformed by greed.

I mine for fun.  I hope the coins will cover most of the hardware costs, but I don't delude myself into thinking that ROI is particularly likely.  Glad to see I'm not the only one.

roy

I like when you say free money, I would like to hear what bill gates think about this ...  

it is not free when you invest money and take time and effort to get it (if you didn't understand my reference)
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Oh this might stir things up a bit...
I also "upgraded" an April BFL preorder to a Monarch.  Even I have written that one off, lol.

Oh my god you again ... I will try to be respectful this time ....wouldn't be better to donate the money that you know you will be losing to some charity ? investing money with the knowledge that you will never return on you investment is just re****d... I cant be respectful right  Cheesy

no back to my ignore list

Ha funny!  I had to unignore you to read your post.  You got me!
hero member
Activity: 563
Merit: 500
I think it's true that this forum is dominated by people who are obsessed with the idea that Bitcoin mining should be a guaranteed ROI, and rail against anyone who gets in the way of their God-given right to free money.

Whatever you may think of YiFu and Avalon - I agree with this:

I am tired of this toxic community malformed by greed.

I mine for fun.  I hope the coins will cover most of the hardware costs, but I don't delude myself into thinking that ROI is particularly likely.  Glad to see I'm not the only one.

roy
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
I think there is plenty of middle ground.  Most would like to see the bitcoin network more secured, most would also like to make some money for their efforts.  Not really sure what this post is driving at.  I mined around break even with GPUs for awhile however judge future miner hardware purchases based on speculative BTC ROI.  Being interested in ASICs and not wanting to lose money aren't mutually exclusive.  I'm sure there are plenty that have bought small USB miners for fun knowing they'd likely never turn a profit and also purchased larger priced ASICs with profitability in mind.

What is this post driving at?  I'm just pointing out that there seems to be such a strong divide between the "wants" and the "want nots".

And oddly, some of the most vocal people in the Custom Hardware subforum are the "want nots".  Why do they feel its their duty to "educate" those of us who are actually interested in the topic?  Frankly, it tiresome and boring.

Flame away!
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Oh this might stir things up a bit...
I also "upgraded" an April BFL preorder to a Monarch.  Even I have written that one off, lol.

Oh my god you again ... I will try to be respectful this time ....wouldn't be better to donate the money that you know you will be losing to some charity ? investing money with the knowledge that you will never return on you investment is just re****d... I cant be respectful right  Cheesy

no back to my ignore list
hero member
Activity: 532
Merit: 500
I did my research and then chose.  I only had 2 options I could afford then, I have 3 I could afford now and would still make the same choice.
sr. member
Activity: 410
Merit: 250
I think there is plenty of middle ground.  Most would like to see the bitcoin network more secured, most would also like to make some money for their efforts.  Not really sure what this post is driving at.  I mined around break even with GPUs for awhile however judge future miner hardware purchases based on speculative BTC ROI.  Being interested in ASICs and not wanting to lose money aren't mutually exclusive.  I'm sure there are plenty that have bought small USB miners for fun knowing they'd likely never turn a profit and also purchased larger priced ASICs with profitability in mind.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Oh this might stir things up a bit...
I also "upgraded" an April BFL preorder to a Monarch.  Even I have written that one off, lol.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Thanks for voting so quickly guys!

But please expand on your opinion.  All inflammatory comments are welcome in this thread.  In fact, it might be nice to confine it to this thread.  Wink
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Am I stating the obvious when I say there doesn't seem to be very much middle-ground between the two?  It's very similar to the difference between liberal and conservative politics (please don't make this a political discussion).  Each side thinks they have all of the answers and the other side is a bunch of moronic losers.  Lol.

Full disclosure... I admit, I'm a bit of an ASIC fanboy.  Every new product announcement gets my interest.  I try to weed-out the obvious scams but it has become much more difficult.  Currently, I have dozens of USB Erupter, 6 Blades and 2 Bitfury Starter Kits.  I also have another Bitfury October preorder and KnC preorder.  I'm not into this to make money although returning my original investment would be nice.  But I'm having a lot of fun regardless.
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