Quote from: Tupsu on November 20, 2015, 07:48:57 PM

Quote from: hanti on November 20, 2015, 05:47:37 PM

If u buy miner instead of BTC then your speculation is riskier AND profit is LOWER Wink

Thats why there is no point in buying miner that will not mine more BTC then it costs
Example:
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

I see it differently.
I have at the moment 31 x S7 + some water cooled S5 for heating . 150TH/s mining at this month daily 1.10 BTC (Antpool PPS )

I have 3x 50A 220V It is always full. Some of the miners have been at a friend's house - today 4 x S7 Max 12 euro day , in a month less as 400 euro.
My home electricity consumption is not more than 3500 euro in a month.
So total 4000 euro or less for electricity.

If the BTC price is 300 euro , then if I can sell all mined BTC and I got 9900 euro or more per month.

In this case, I have recouped the purchase of three S7 miners per month- 2000 euro (or less) per miner with shipping and 20% VAT

But I sold last my BTC, when 1BTC=350 .

With mining you can earn more than with the purchase of BTC and holding them.

But you must sell when the price is high .. And you must have a reserve to pay for the electricity when the BTC price is low for several months.

If u gonna mine more BTC then you had to paid for 31xs7 then its ok.
And instead of paying for electricity when price is low you could just buy more BTC Tongue

Do your own math:
1. BTC you had to paid (If you paid USD then BTC you could buy instead of miner) for that 31 S7 with shiping&tax. There is no need to count psu etc. + How much BTC you could buy instead of paying for electricity x any BTC price you want. Versus
2. How much BTC you will mine x same price as in 1.

If 2 = more euro then you did right choice (for making more money)
i know many ppl dont care and have enough money and just want to mine becouse its addictive Wink

(i was miner too)

But at the end just for money making calculations: if your mined BTC - electricity + BTC for your miner after you sold it = more BTC than you paid for the miner = WIN. If its less then it was better to just buy BTC and hold.

Its diferent if ppl using miners for heating like few posts above. Its almost always WIN ;p