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re: Mr Bitcoin Goes to Washington

Posted on 4/12/14 at 1:02 am to
Posted by brucevilanch
Fort Worth, Tejas
Member since May 2011
24334 posts
Posted on 4/12/14 at 1:02 am to
I honestly don't have an opinion on the subject. I've washed my hands of bitcoin now alt mining is practically worthless. I have better things to do with my time these days. I wish it the best of luck though.

ETA: Oh, and welcome back.
This post was edited on 4/12/14 at 1:08 am
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/12/14 at 8:08 am to
quote:

I've washed my hands of bitcoin now alt mining is practically worthless
Wiki assured me that mining would always be profitable for the most efficient miners. Thus, there would always be sufficient incentive for people to engage in the activity and provide the computing power necessary to keep the Bitcoin exchange operating. The economic equivalent of a perpetual energy device so to speak. How could you have concluded that mining isn't worth it? Are you telling me Wiki was wrong?
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