Post
Topic
Board Altcoin Discussion
Re: Alt coin mining profitability - What am I missing?
by
miner2002
on 30/11/2013, 23:10:38 UTC
nice apples to oranges math

OP--you're missing the fact that difficulty is about to spike like hell.  Welcome to the arms race again.

Yes, it's better to buy but in some places *cough US cough* it's MUCH easier to buy mining equip than it is the coins.

In the case of GPU's you also have a hedge against a massive price drop.

I'm with you.  I just got into this so I'm sure I don't know how bad the spike will be, but I would expect it to be much more difficult quickly as people see the potential.  Worth the gamble in my opinion Smiley