Post
Topic
Board Mining speculation
Re: Be wary buying the Antminer S3
by
gperez2000
on 23/06/2014, 12:41:40 UTC
At current difficulty(rising) and with the high prices of the equipment the only ones making a profit are the ASIC makers who are double dipping(mining first and then sell the equipment as new). The ASIC's have to come down in price more than 40% in order to make sense at Bitcoin current prices.