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1. INACTIVE (deadsuperhero)'s status on Sunday, 26-Nov-2017 22:36:29 UTC INACTIVE

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   @dtluna I'm sure you have some better explanation for it, but with Bitcoin mining, the investment for hardware and energy absolutely makes the process of mining a diminishing return. It's a race to the bottom, and it becomes harder and harder for new entrepreneurs to make mining that currency profitable at all.

   It is common to buy a piece of equipment and never mine enough value to justify buying the hardware.

   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Sunday, 26-Nov-2017 22:54:52 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     in reply to
     @deadsuperhero @dtluna My understanding is that mining was designed to stop producing positive returns, so that miners would switch to transaction fees after a while. (But I should emphasize that there is a lot more reading about #Bitcoin and other #cryptocurrencies that I should be doing.)