Post
Topic
Board Mining (Altcoins)
Re: Hashlet
by
dyask
on 18/08/2014, 11:13:25 UTC
It is a concern with BTC so low ~$485 now.   $.08 would be ~.000165 BTC.   The projected earnings are .00064393 BTC, leaving about .00047893 BTC.   The current cost of 1 MHS is about .03299 BTC so the daily yield is a ~ 1.45%.  

However, I don't see how such high rewards can be maintained and it is possible the BTC could drop much lower.   So there is a *LOT* of risk here.  

It's also possible that BTC goes up much higher. Do I have to remind you that the last high value of BTC was over $1000?

With the prices below $500 all of us who bought miners in the last 6 months won't ROI, but I'm certain we won't stay at this price.

Sure ... but right now the risk is to the downside.