Post
Topic
Board Beginners & Help
Re: Looking for advice on buying an Antminer
by
SeymourSkinner
on 04/01/2015, 20:44:19 UTC


I think you are very well prepared Smiley. I would be more sceptical in Difficulty increase. If you can`t ROI within 3-4 month than you will not ROI even. Only if you will be able to sell used Miners for reasonable money to cover your investment.

I can tell you that I like mining, but I stopped all already.

It seems that you believe in Bitcoin, then I would just buy and hold them. Use good cold storage or paper wallet. Make more copies and put them on safe places.

Thanks! How about this one:

http://i.imgur.com/eTcSNLV.jpg

This again is @3.4TH btw.

I guess I do believe in Bitcoin and with these numbers it's indeed not worth the effort compared to just buying a couple. I could shove the old gear down someones throat but that way I cannot enjoy a profit. Also, the way the price is going these numbers may be just as naive as the previous.

Do you know any pros in regards to difficulty-related miracles coming from next-gen networkpressure? Aside from the falling-price-factor, which btw is?, what's bitcoins 'critical hash? And when the net closes, which fish swim out first? How much fish are there anyway, and how big?