Quote from: pnbamania on February 06, 2018, 01:23:42 PM

Quote from: CrypotoCreanis on February 06, 2018, 01:10:00 PM

Quote from: rizla.plus on February 06, 2018, 02:32:56 AM

Quote from: Emkoo on February 06, 2018, 02:30:07 AM

Quote from: rizla.plus on February 06, 2018, 02:25:56 AM

As I mentioned in the post above, the network hashrate has doubled in the last 2 months, and it is growing even faster now, much faster. So how long do you think an S9 will remain profitable for?
Just do the math!

What if the price of BTC will be $30k be the end of the year? Means the $400 I made from machine this month will be $2k? "Do the math!" lol

Yep, but under that scenario you're still better investing the money you pay for a miner directly into bitcoin now, if all you're banking on is BTC value to go up.
In a year's time you'll be left with more BTC (valued at $30k),

You do the math, how much BTC can you buy now for the price of a miner? Will it make that much BTC this year? The answer should be obvious.

This is like trying to convince an options trader to just buy the underlying stock because the options MAY expire worthless. What you fail to grasp is that yes, we know the S9 will eventually become worthless. HOWEVER, that is only if we decide to hold them long enough that they are impossible to sell. I for one plan on selling them before that. I will mine with them long after a new model is out though, yet still be able to sell them. Will I get less than I paid? Probably. But it will still be more than 0 which negates any and all ROI calculations in my opinion.

Even more importantly, again just like in options trading, my downside is limited to my investment in hardware. My upside is potentially limitless by mining and hodl'ing. My upside is exponentially greater by mining than it is buying btc outright. And I will still own hardware with a value.

but my point is that I will receive my Ant miners in next few days and there is a massive demand in my City and people are willing to 5K each, If I were to sell them now for 5K each and buy BTC since it's low and hold for a long time, I think I would profit more then actually mining..

Everyone's situation is different. Maybe keep some and sell some to hedge your bets.