Well, most people don't mine idealistically, so my idealistic visions will probably never see any kind of adoption.
There will always be bigger sharks and smaller whales... I do not expect a househod to drop a large sum of funds to invest in miners, so they can get some mining revenues and (hopefully) ROI in a descent time and make profits. There will always be people with some cash to spare, cheap energy and the will tto scale up in order to get a bigger piece of the pie.
Mining is a greed driven model, so the greediest people will do whatever they can to get some of it. The arguments for anti-ASIC/farm are specious when it comes to "entry" or the like because they always ignore that scale will happen and for the right $ any firm/group/company can control 175Gh/s in seconds. I appreciate the ASIC resistant coins. It lets some of us smaller scale hobby miners get a slice of the pie a little longer before profitability disappears. Lottery mining is really it for Bitcoin at this point. Without an ASIC farm anyway.
I run a small ASIC solo miner for Bitcoin, just because. It's my weekly lottery ticket. terracore
Cheaper than a lottery ticket and better odds.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE VOILK!
If you enjoyed what you read here, create your account today and start earning FREE VOILK!