Post
Topic
Board Mining (Altcoins)
Re: I bought 30 grand usd worth of P106 and hosted them in China!
by
Marvell2
on 15/08/2020, 09:20:59 UTC
Got paid 0.865eth today, sold all usdt to fiat today

7.5% to the whole investment profit, only in a week...

You started when eth was 360 usd, 30k upfront and it has been 14 days mining, you got 3.5k back so far? eth now is 440 usd, that is 80 usd more from when you started, 80 means 22%, meaning, if you have invested in coins you would have got a total of 22% of 30k which at moment would be 6600 usd, see, this is a good example that mining in a bullmarket is useless and some people think is good. Also many retailers and people increased the gpus prices due to high demand of idiots. This is going to be 2017-2018 all over, trolls never learn.
hindsight backwards, at the time how could he know ether was going to $400, what he did know is what he could steadily earn via buying the cheap hardware.  he could have grabbed 30k worth of eth and lost half in a dump to $150.   He took the safe path nothing wrong with that