Quote from: andytranter on October 26, 2017, 08:58:38 PM

Here in the UK, miners are just going for silly money. Im sure its similar in most countries!

With electricity being so expensive here 0.2$ per kWh, mining is not so profitable at the best of times! Luckily I have solar panels, and it is just about worth it for me.

However, an s9 will sell for around $3000-3500. How in the holy hell does anyone recoup their investment?!??!! I mean surely anyone who is willing to spend that amount of money does a little bit of research and sees that they will really, really struggle to make roi?!!? All other miners (especially from bitmain) and all going for sky high prices, sell above the standard price.

Someone help me here - it cannot always be complete idiots who are blindly spending this money?

Has anyone bought an overpriced miner and still made money?

this is a good question see making profit is a time game and as we can see btcs price doubled within 2 months so the one buys from ebay in march/april 2017 are surely gonna make profit even they have paid double.Hope you understand bitcoin is always growing .