Post
Topic
Board Mining speculation
Re: Is it worth buying equipment for $5k or so?
by
Ramhound
on 08/02/2015, 20:03:48 UTC
Will I make a profit on this? I am starting to give it serious consideration, but as far as I am concerned the whole shit is a scam and you always end up going negative profit when you buy hardware as new stuff is always around the corner. What will $5k give me today TH/s wise?

Would it be wiser to invest in a cloud mining service?
1. Make a profit? Probably not.
2. Whole shit a scam? Remains to be seen.
3. What will 5k give me today?  Not enough.
4. Wiser to invest in cloud mining?  He'll no! !
So what do you suggest then? Invest in a gambling site?

Given the last 12 months.

You have better odds walking into a casino, putting 5k on the craps table, and honestly nobody actually wins at craps or at  casinos.

At $5,000 you might have a chance at the $0.25 due to the sheer amount of attempts ( $20,000 ) you would get but nobody actually wins on those machines.