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Topic
Board Beginners & Help
Re: Worth it to get bank loan to mine?
by
madberry
on 02/07/2012, 19:32:18 UTC
By the time the supposed jalapeño reaches the market I am sure your grandma would be long gone. Tongue
LOL

I'm not saying it's expensive nor complicated, I'm just saying it's a pure investment in BTC: you can't do anything else with it. No playing, no reselling, just mining. So I'm pretty sure there won't be as many people with ASICs as there have been with GPUs (proportionally to the global reach & value of Bitcoin, of course).

True, how ever for $149 I know a lot of guys that would take a crack at buying one and figuring out if they could mod it or if it really has just one use.  There are very talented "engineers" out there that can reverse engineer the tech and use it for something else.