Post
Topic
Board Altcoin Discussion
Re: GPU mining= profitability going down the drain.
by
evillittlegoat
on 10/03/2014, 18:40:03 UTC
exact same principle:  if you're mining middle, clever etc. then you're indirectly mining for btc. Are you selling those btc for fiat right way?  

you can sell right away and get the value now in $/£/¥/€, or you can invest for a longer period of time.  

if you're investing in btc for long term value, ignore the short-term profitability.  




But if you're investing in BTC long term it will soon be cheaper to buy BTC from an exchange than run a miner. Im a noob and wasnt mining last summer but surely when it reaches that point you have to pull the plug.