Post
Topic
Board Speculation
Merits 7 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BobLawblaw
on 08/03/2021, 17:29:06 UTC
⭐ Merited by El duderino_ (3) ,LFC_Bitcoin (2) ,bitcoinPsycho (1) ,macson (1)
People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?

When you're an ex-miner, recognize how unprofitable and a pain in the balls it is to run a mining operation, end up doing the math on a miner + electricity + Time to ROI... fuck the fun.

Time is money. Cheaper to buy what you would spend on a miner now, than what it would likely generate 18 months from now, IMO.

Unless you have cheap or free electricity, I don't see the benefit of mining right now vs just buying corn outright.