4 ms·
Likely not worth it actually. In 6 months they'll be obsolete or barely make as much money. The entire premise of the protocol is that the difficulty keeps go
by simcop2387 14y ago
Likely not worth it actually. In 6 months they'll be obsolete or barely make as much money. The entire premise of the protocol is that the difficulty keeps going up basically. As so many of the machines enter the workforce things even back out to where there's no distinct advantage. If they can keep R&D going to make better ones they can keep selling them regardless of how the bitcoin market is doing as far as difficulty goes.
- glomph 14y agoPlus if they mined all the coins themselves it would lower confidence in the currency (especially if it meant they aproached 51% of the mining capacity) which would entail that the price of bitcoin would go down. Possibly before they got their moneys worth. It is a lot safer to make money selling them to lots of people.