Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH
We (who mine) are "buying" BTC just as you are buying BTC but in a different way. You (the buyer) and we (the miner) can BOTH SPECULATE on an increase in price of BTC. I'm speculating the price of BTC will increase at a percentage rate much higher than the percentage rate of difficulty increase over the next 9 months. Just as you (the buyer) speculate on the price of bitcoin as well with Elliot Waves, bullish or bearish news or by whatever means you use in your speculation to have not only a return on investment (ROI) but gains to boot.
Is my speculation a bit more riskier than yours? Yes. However, where there are greater risks can also result in greater rewards if speculation for those greater risks come to pass.
Is my speculation a bit more riskier than yours? Yes. However, where there are greater risks can also result in greater rewards if speculation for those greater risks come to pass.
If u buy miner instead of BTC then your speculation is riskier AND profit is LOWER
Thats why there is no point in buying miner that will not mine more BTC then it costsExample:
1BTC=300USD
1.im buying s7 for 5BTC = 5BTC or 1500 usd spend
2. im buying 5BTC
few months later i got like 3BTC back from s7 and 1BTC=1000USD
1. i have 3BTC or 3000USD - electricity = wow profit 200% in USD hohoho great BUT:
2. i have 5BTC or 5000USD = 2000USD more than example 1.. profit more than 300%
If 1BTC gonna cost 200USD then:
1. i have 3BTC = 600USD -- you lost 2BTC and 900USD
2. u have 5BTC = 1000 USD - you lost 500USD so u have 400USD more anyway
Its Always WIN for buying BTC unless ofc u think your miner gonna mine more BTC then it costs.
There is one exception becouse you can sell your miner but if ppl would think then noone would want to buy it from you. And ofc your miner can burn or something. So more RISK and LESS profit.
P.S
And i want to add one more thing that if we all just buy BTC then we will help BTC price will go highter. If we are buying gear then yes we are buying BTC but then producent will sell this BTC soon for USD so we r not really helping BTC price to rise
