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FooBarAndGrill

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FooBarAndGrill

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Re: jt6455 post# 129

Monday, 05/08/2017 5:39:01 PM

Monday, May 08, 2017 5:39:01 PM

Post# of 26496
This is beyond anything I have ever seen. I have guessed (don't know) that the reckoning comes whenever they do another s-1a to bring the price in line. I am waiting for that event.

The reason bitcoins are rising in value is they are making it more difficult to mine a coin.
See the following chart:
https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Mining on older computing hardware is quickly becoming less profitable simply due to electricity usage for computing and cooling.

Arriba, Abajo, al Centro, y pa’dentro!

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