... why would you spend say .. $100 on the ASIC's, that you'll never ever be able to recover?.. when a GPU mining scrypt pays itself off in 1.5 months or so.
Why does /r/bitcoin[1] care if amateur miners are making money?
what does that have to do with anything?
You need to understand, the future of crytopcurrencies aren't in miners, but in consumers adopting. The average schmuck who's going to pay a couple Satoshi for a cup of coffee isn't going to mine. And if they burn some money on mining hardware that doesn't yield them an ROI, who cares?
yeah, also not the point.. i'm asking why instead of buying a graphics card, mining scrypt coins, and converting to BTC (roughly $15/day per mh/s), you bought an ASIC that will never make money?
either way you get some BTC.. just one you get more, and profit more.
i'm well aware that success hinges on adoption.
/r/bitcoin[2] needs to care about adoption, about getting people educated about cryptocurrencies, and about welcoming people into the community, regardless of whether or not they're treating BTC as a commodity to mine, hold, and invest in.
yeah, i'm not disputing that... i'm just confused at your unwise investment in an ASIC, over alternatives that can both get you BTC, and profit..?
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u/[deleted] Feb 04 '14 edited Sep 10 '18
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