Quote from: wajiminer on August 07, 2017, 02:37:34 PM

Quote from: soothaa on August 07, 2017, 02:12:02 PM

Quote from: D8V1D on August 07, 2017, 01:43:05 AM

Another thing to consider is if you would rather use the money to buy the coins.
BTC is up 5.4x and ETH is up 23.9x within a year. Would have made more from holding coins than mining.

Ugh yeah this hurts to much. I spent $20,000 on mining equipment. Sure, I got in early and it has since ROI'd - but man I do not even want to know how much that would have been worth if I had bought between ETH BTC and LTC. Actually yes I do kind of want to know. And I believe the number is somewhere around $60,000. Yikes. Based off of this information I should probably sell my spare car and dump the money straight into ETH and or BTC and buy a newer car in a year or so with the crazy profits!

welll if you had bought $20k of eth when it was $5 a pop and sold at $400.... well I'll let you do the math

My friend got in at $5 fro $20k, but he didn't sell at $400 he's still holding.

It's easy to be smart for the historical data. ETH was worth 5$ over a year ago and people rushed buying graphic cards from spring 2017 when the prices were allready high.
In my eyes You are actually comparing mining to gambling.