Post
Topic
Board Mining speculation
Re: Remember when people said you could not ROI when bitcoin was at 400 - 500 ?
by
Korbman
on 14/01/2015, 02:21:58 UTC
Don't look now but 2014 was the dump year for Bitcoin …

Understandably so.

For the most part, 2014 was the year of industrial mining. They're not in this game to hold onto Bitcoin, they're in it to dump what they mine and reach their breakeven projections as soon as possible. When you're working with a few million $$ in hardware, holding Bitcoin for the potential to have a higher return doesn't make sense.