Hi folks,
I'm new (sorry if this is a dumb question)... but I'm interested in buying the HF Jupiter. But, when I look at calculators like - mining.thegenesisblock - according to their difficulty predictions, it would be lucky to generate a lousy $1k profit in a year (after $6k investment payoff). Am I missing something here, or how is anyone making money off this hobby now? Why is anyone buying these if even the latest/greatest units aren't paying?
Thanks
-Sharky
One more time I'd like to point out that mining is a hobby - indeed an expensive one, but it's a hobby.
I know guys spending 5.000+ for bicycle, just for fun and because it's their hobby.
Nobody with brain left would mine for profit *ONLY*.
I love playing around with hw/sw, I spend a lot of money the last decade for technical gadgets and equipment.
It's one of my hobbies, which just moved to mining. First hobby actually returning financial value instead of consuming money only.
If you are heading for profit - step away from mining and buy coins instead.
If you would have bought coins in August you would have had +100% profit until today - never reachable with mining for sure.
In addition when you buy&hold coins you do not have downtimes, fires, heat, noise, replacement parts, electricity bills, break in attempts, ...