Hello all,
Hope to get some inputs from miners, not resellers here.
With the current pricing of hardware even after the drop, the ROI has gone from <1 year to 5 years on paper, this essentially means it will never ROI if btc stays at same value as difficulty will continue to increase, why is anyone even purchasing hardware at this point? Yes i know the btc might go up yada yada but i might as well put money into btc directly instead of mining hardware which is far less complicated..?
As a miner i feel so conflicted right now, what are the other miners doing?