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Title: What should I do with my pre-orders? Post by: MonkeyMarcel on August 29, 2013, 10:52:02 AM Hi Guys
I am trying to figure out what my options are being that none of my pre-orders are gonna be mining profitably as it stands now on mining.thegenesisblock.com. I have 2 pre-orders: 1. April 2013 pre-order 25GH/S BFL 2. July pre-order 256GH/S VirtualMiningCorp (ActiveMining) Should I wait and mine hoping the $/BTC exchange rate increases to make it profitable again? I am thinking that if it is so much harder to mine, then scarcity will increase, which means the cost of BTC will increase too. Should I sell my pre-orders? (And if so would you buy them from me as I am selling?) Should I lay back and just accept the fact that my ass is about to get a shafting? Please advise. Title: Re: What should I do with my pre-orders? Post by: zendantom on August 29, 2013, 10:57:46 AM Should I wait and mine hoping the $/BTC exchange rate increases to make it profitable again? I am thinking that if it is so much harder to mine, then scarcity will increase, which means the cost of BTC will increase too. Should I sell my pre-orders? (And if so would you buy them from me as I am selling?) Should I lay back and just accept the fact that my ass is about to get a shafting? Please advise. You may consider refund option as well. Title: Re: What should I do with my pre-orders? Post by: MonkeyMarcel on August 29, 2013, 11:19:56 AM You may consider refund option as well. Neither BFL or ActM do refunds. Title: Re: What should I do with my pre-orders? Post by: semaster on August 29, 2013, 02:58:39 PM I'm going to buy used mining machines https://bitcointalk.org/index.php?topic=282811.0
Title: Re: What should I do with my pre-orders? Post by: Rawted on August 29, 2013, 04:30:31 PM Sell them cheap, imo. I just received my january bfl order this week. Your april order is well into the rush they experienced from march onwards. Its probably a safe bet that you will not see your order in 2013. Profitability will be nonexistent by then. Actm will not ship any products soon either.
Title: Re: What should I do with my pre-orders? Post by: MonkeyMarcel on August 30, 2013, 11:20:45 AM I'm going to buy used mining machines https://bitcointalk.org/index.php?topic=282811.0 I like this idea. Have you done this successfully yet? |