He is using lot of hashpower and even when GLD isnt profitable he keeps on mining.
I dont know why he is mining so many Goldcoins.
There is a good possibility that he's mining to hold.
If he's mining to hold, his efforts should pay off handsomely down the road. Once the client sync issue and litecoin alert bugs are resolved we start on the android app. And we're going to need a lot of coins in the supply chain to distribute to these users. Then once the market sees the true potential and direction of the coin, the price will rise. As consumers begin using the coin, the price will rise further.
The early investors will ultimately be rewarded but this process is going to take a couple of years.