Post
Topic
Board Mining (Altcoins)
Re: Miners in panic mode
by
FP91G
on 02/03/2021, 11:50:05 UTC
Many miners are panicing already, yesterday I got two calls from my lebanese friends asking me if I would like to buy their GPUS,  Grin Grin Grin, they later cut off the deal because my price is low, of course why would I buy GPUS at high price at this point in time? Here is my thoughts anyways

I am hoping that some miners will panic sell so I can get some GPUs cheaper, I'm in for long term anyways
They are hamsters, not miners.
The miner understands that the current profit indicators may differ from the actual ones. Therefore, any investment in mining is calculated with a payback period of 1-2 years.
The service life of the equipment is 5 years, and maybe more.
At any time, the profit can decrease, and the payback period of the equipment can increase.