[pinkybanana]

> However you want to look at it, this coin looks crappy from both sides. Unless you're a miner.

Depends on what you are comparing to. For me, Bitcoin is easier to understand than the fiat system we are currently using, and that's why I'm heavily invested in to it.

In addition to miners making huge profits, there have been also cases where miner operations have turned sour, KnC Miner being one example.

Yes, there might be better systems out there. But BTC has very clear and simple protocol rules which are easy to understand, and it has properties which are very lucrative (permissionless, decentralized, limited supply, easily verifiable and transferable and so on). Other consensus mechanisms fail to deliver their promise in as effective way.