Post
Topic
Board Mining (Altcoins)
Re: We lost our shirts buying from GAWminers while owner pays 1 million for url
by
kalus
on 10/08/2014, 20:30:18 UTC
He got the million bucks by selling overpriced hardware.
not overpriced, because many people made profit.

I made multiple purchases trying to recoup my losses.
noobie mistake: You ended up reacting to the market, and following the people that did make money, rather than anticipating back in december you should be moving to asics.

 Here is one example: I bought 7 furies@ $149 each....2 days later(before i even received my hardware) he had dropped the price to $100 each so I lost 33% of my investment before I even received the fucking hardware.
wtf computer equipment goes down in value?  HOLY FUCK!

if you're talking furies @ $149, that really is late to first generation scrypt asics.  that's why you failed.