Accepted and I appreciate the candidness. After all the scams and bad investments I have tried to expose over the years, I dont actually recall being thanked once even after the fact.  I do recall often being accused of actually having caused the collapse. Im sure that will be next here too .


As I tried explaining for quite some time now, reinvestment ratio doesnt change the outcome.

A 0% reinvestment strategy will give you the maximum possible return for the investment in the shortest time, just like when buying a miner,  but that  will not be enough to achieve a positive ROI due to the far too high $/GH and $/KwH. My numbers show it would yield at best in the neighborhood of ~40% ROI (ie, a 60% loss).

A 100% reinvestement strategy will not pay out a satoshi in dividends ever but will also not be able to increase the hashrate at the same pace as the network; the mining revenue as % of investment is simply lower than the difficulty growth, so your share of the network and therefore,  share value will simply slide over a long time until approaches zero and thus you end up with ~0% ROI.  Its like buying a unprofitable miner and using all your revenue to buy more unprofitable miners.

Any reinvestment ratio in between will be a mix of both, but wont change the fact you will lose.