Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
Biodom
on 19/08/2014, 19:07:00 UTC
In about two hours from this post, all SP30s will become 20% less able to make bitcoin.  https://bitcoinwisdom.com/bitcoin/difficulty   That is a shitload of inflation.  They are nearly worthless by the time they arrive.  

Do you think Bitcoin will never go up in value?     If Bitcoin value rises even a fraction of what some experts predict then this box could ROI in less than 30 days.    There is always risk with any investment, i happen to believe Bitcoin/Crypto Currency will succeed but i would still never invest more than i am comfortable losing.    If you don't believe it will ever rise in value then you probably shouldn't invest in it, just my thoughts from reading all of these negative posts from several people on this forum.



How many times does it have to be said, if you are speculating on the price rising just buy BTC and save on electricity\hosting costs.

Not entirely true because if you have a miner, then not only you get more value from your mined btw, but the residual value of your miner increases as well. Some lucky dogs mined with Jupiter for a month or more, then were able to sell it for up to twice of the initial price.