Quote from: rifleman74 on April 18, 2018, 10:27:34 PM

Wait, so I spend MORE money to buy BTC instead of using the miners I already have? Now if you said sell the miners and get into BTC, then you'd have something. Otherwise you're just chasing the cheese and never reaching it.

Yes, spend money to buy BTC and switch off unprofitable miners is always better....

Example:
At the end of the month, u mine at a 50 dollar loss. U spent 1000 dollars on electricity. Hence, mining gives u 950 dollars of bitcoin only. U have lost 50 dollars.

It is BETTER if u just switch off miners and buy 10000 dollars of bitcoin instead. U would then have 1000 dollars of bitcoin. Mining would have given u 950 dollars of bitcoin. Your miner has attained doorstop status. I have 2 of those too haha. Mine is D3.

Moderator's note: This post was edited by frodocooper to remove nested quotes.