Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Biffa
on 05/11/2013, 20:36:36 UTC
Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining Tongue )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.



I and many others didn't pay in BTC we paid in $ in which case its a moot point.

The price for the machines is in $ its always been in $ it doesn't matter what currency you convert to create your $ its still $ in the end.