ag@th0s
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July 06, 2013, 01:05:48 AM

How do people think this drop is going to effect the mining economy?  Most of the avalon group buys were completed with BTCwell over $100 and the ROI's people were working to were based on that. I think a lot of noobs bought fresh BTC just to buy chips.

For the fabs who've been paid, and asicminer, it may be all good, but for everyone else it looks like a catastrophe to me?