Post
Topic
Board Hardware
Re: Avalon A7 announced
by
Thetaj
on 23/09/2017, 09:23:02 UTC
Did you pay for your orders? I haven't heard a single report of Canaan taking money from customers and not delivering.
I lost money when buying BTC.
And on the difference in the course, I waited for them to provide the BTC number.
Me too. I converted my money into bitcoins just for the payment and hold them for whole month...

So.....you guys jumped into mining, without realizing the reality of the industry. Then are now complaining because you bought bitcoin and the price went down.


Let me ask you something, and I think I am saying this for all the people that have been mining for a while.

Why Are You Mad?

1. Did you sell your Bitcoins that you exchanged? If yes............then why? If no.......then you haven't lost anything
2. You realize that Mining is the process of exchanging your money NOW, into machines that consume electricty and give you Bitcoins in return right? They're not going to give you your return INSTANTLY, nor anytime soon depending on how many new people start mining.
3. This is a free market, Bitcoin mining is as free a market as you can get. There are no rules, no regulations, just mathematics. If you guys are mad because Canaan didn't take your money right away and now you're stuck with Bitcoin that lost its value and you're pissed/or sold it because you're scared. You're in the wrong god damn business.
Mining takes conviction, cheap electricity, a stable, high paying job and alot of "cold" money to successfully pull off.
4. If you wanna fire and forget, I suggest you go buy some GPUs and mine the altcoins, if you don't like it at anytime, there are people willing to buy your used GPU, or shit, you can use it to play games, make some videos, whatever. But if you're going to mine Bitcoin, then you better mentally prepare yourself for it. If Bitcoin prices go down, you will be barely breaking even on the machines (even with an S9 let alone avalons). No get rich quick scheme here, but you will be a contributor to the success of this new economy we're building. If that doesn't matter to you, I suggest hitting the casino.