Post
Topic
Board Mining (Altcoins)
Re: A2 Terminator Scrypt Miner-90MH Results
by
cryptodevil
on 12/05/2014, 10:08:32 UTC
Even @ 90MH/s with free electricity and without difficulty increase it's 2-2.5 months of ROI.
I don't know whether to be amused or depressed by these sorts of statements. Name one investment opportunity that even comes close to returning your investment in such a short time. You do know that it is utterly absurd to complain that you have to wait a whole two or three months to earn your initial investment back? Because if you don't, you've got some *real* hard lessons awaiting you in life.

Why people buy these things?
Ah yes, the "Why not just buy the equivalent in coin?" argument. Ok, let's say I buy 100 Bitcoin and I also buy 100 Bitcoin-worth of mining equipment at the same time. After three or four months, with careful management, I should be able to see that my miners have comfortably earnt that 100 Bitcoin back and are, albeit more slowly, earning extra Bitcoin on top of my initial investment amount, I have 100+ Bitcoin and growing.

As for my purchase of 100 Bitcoin? Well that's still exactly 100 Bitcoin.

Wherever the market moves it will still only ever be 100 Bitcoin.

How about I just find this thread a month later and laugh at you? Grin
Absolutely. If things don't work out, you can come back to this thread and laugh at me for making the right decision at the wrong time.