Post
Topic
Board Securities
Re: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH!
by
tyrion70
on 11/11/2013, 16:31:58 UTC
Hi tyrion,

Received my direct divs. Thanks a lot for the flawless work and execution. Everything on your side has been great.

Investment wise however, this has been terrible ! Sad  (I'm not complaining, just making some conclusions)

I was in Groupbuy 2 and if the predictions the guys here have been making are right (which they are so far) I will end up with somewhere around 1/3 of my original BTC.

So I was wondering a couple things and wanna ask you all out there:

how has this been for everyone else on the other buys??

what does this mean in a wider sense??
KNC surely seemed like the safest bet out there when we all got in.. if it went so wrong for us, I çan't imagine for the rest..

has every single mining investment in this 2nd gen wave failed by this much ?? does anyone know of a (prior) succesful one?

And again, thanks for everything tyrion, this is definitely not a complaint Smiley
Hey,

It seems that GB1 and GB3 have done best. During GB2 BTC price fell down which made the miners on GB2 relatively more expensive than those on GB1 and GB3.

I don't know about the 1/3rd in btc terms, it all depends on how long we can continue to mine and how the difficulty develops. Last weeks dividend was more than 4% of the initial buyin of GB2.

Maybe Bitfury is the only other company that did a little better because they delivered earlier. Other than that I think KnC has been the best bet so far. Especially if you look at the fact that we bought a 350GH miner initially and got a 500GH+ in the end.. Smiley

All in all, looking back you are not wrong by saying you should have held on to your initial btc, on the other hand if everyone would have done that difficulty would not have been where it is now and btc price probably wouldn't have been either. Also I'd buy a KnC miner any day over a BFL miner Wink

All that's left now is hope that BTC keeps growing in terms of $ and hope that difficulty flattens out.