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Topic
(Unknown Title)
by
DrG
on 25/01/2020, 02:34:00 UTC
Man where ever i ask they say grindseed is not profitable anymore . IS it  ?
What coin do u mine with them ? I can get couple for 50$ each . Is it worth it ?

Its a gamble.. maybe it is, maybe its not.

yer right it is a gamble...but i'd say its a really bad gamble...everything is exploding now with asic's...really nuffin ya can do cept buy coins...

As I see it, theres two options... You just mentioned the best one - and the one that'll get you in for whatever amount of money you have at your disposal..

The 2nd one is for the guys with a lot of cash. Buy in hard in asics with the best $/ghs ratio and/or w/ghs ratio. With a perdicted ROI date (if you can get gear at a price that gives you one) and make as much coin in profits as possible afterwards.. - then, offload your gear when its not viable at your power costs anymore.. maybe, somewhere in the world it is for someone whos willing to bet on coins gaining value..

+1 yep that is what i'm doing with my jups...cept i'm not ever gona sell'em...they will mine til they give out to try and get as much coins from them as i can...

Don't mine until they die, but mine until your electricity costs more than the income from mining.  At that point it's cheaper to buy the coins than mining.  It's probably not worth it to ship a Jup now anyways.