Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
11
on 05/11/2013, 23:01:56 UTC
This all debate is sterile.Yes, as an investor with a 5 months perspective buying some BTC would have been more profitable; so WHAT!!! I am just glad after 29 days I just turn positive. For info I got the miners on the 7th and the Jups were getting 1.5 BTC each at that time vs 0.65 now.

What the naysayers should focus on is more on the amount of GH/s that were sold by KNC, Bitfury and other unknows.
The mining companies are not individually responsible of the return IN BTC of their clients but collectively they are. Will they always find another sucker??? time will tell (although the 55nm Avalon chips are not doing that great on Tradehill, don't they?)

The more I think financially about it, the less I want to invest in mining gears again; but God it was fun to wait, fun to see, almost in real time, the progress, specially on sept 30th and the 1st. The experience was phenomenal and I am glad I did it...

PS Call me an idiot but I would have not dare buying USD 14400 worth of bitcoins at the time, so from MY perspective I did very well buying the miners...