Post
Topic
Board Hardware
Re: Intel ASIC / Bitmain 19s Pro
by
mikeywith
on 05/10/2022, 03:32:58 UTC
I am of the opinion ( and dreams ) that Bitcoin will eventually rebound when the recession is over ( Couple of years ). I have lost all faith in our fiat system. Left unmolested by the central bankers and decrepit governments, Bitcoin makes sense with the limited supply and decentralization.
The general consensus here seems to be that Bitcoin will drop to next to nothing.

The general consensus where? in this form and almost all other bitcoin-related places, the consensus is the exact opposite, the general narrative, however, has always suggested that BTC was going to zero, at least for the past decade, if you count how many times each group was right vs the other, the answer is rather simple.

Now if you really believe BTC will increase in value, buying BTC directly beats mining (more often than not), but there are many factors involved, I'd just start and finish by saying if your power rate is anywhere above 6 cents -- mining is probably not for you.