Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Mota
on 18/11/2013, 20:22:48 UTC
Guess we shall see Mota...because I'm on an agressive re-investment strategy....

For folks who made plenty of coin beyond initial cost during the first round (which I think you were one of the few in that category), it makes sense to reinvest and get more equipment, because you're further ahead of the curve than others. That's if memory serves me correctly.

Still, it's not going to last as long as some folks hope; I think this is one of the few times you and I have differing opinions.

We have to remember, the difficulty hop coming in the next 60 days isn't going to be trite, choking out a lot of mining efforts.

Still, I'm cheering everyone on.. you as well. Mining is super fun.
Let's see which strategy comes out on top......
While you are waiting for "Off the shelf" ASIC products, or investing fiat for BTC, I'll be accumulating hashpower as it becomes orderable...... all with my original investment.
Let's compare then 6 months, or a year from now....   Grin Grin Grin

Because accumulating when it's orderable will in no way highten the hashrate at all.... In your case I would advise you to buy all the jupiters off Ebay etc. in order to keep the hashrate as stable as possible... I really hope for your sake that you strategy works! I for myself will definitely wait for affordable hardware before I buy next. Maybe some of the whales are inclined to invest in a community based asic-miner production in the form of a non profit organisation or a German e.V...
Now that would be a dream come true.