Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
itod
on 30/11/2013, 12:38:40 UTC
It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit!

Exactly. But they will claim its a dollar investment that returns dollar, without acknowledging their ROI is almost 100% dependent on bitcoin exchange rate, just like a direct investment in bitcoin which has been infinitely more profitable. Maybe if BTC exchange rate crashes they will get it?

“There are two kinds of secrets; the ones we keep from others and the ones we hide from ourselves.”
― Eye Tears