Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: oyhmxh on August 26, 2014, 09:57:43 AM



Title: Will anyone buy a BTC miner now?
Post by: oyhmxh on August 26, 2014, 09:57:43 AM
Just wondering if anyone now will buy miners to mine. Considering the price... :'(


Title: Re: Will anyone buy a BTC miner now?
Post by: RoadStress on August 26, 2014, 11:04:15 AM
Just wondering if anyone now will buy miners to mine. Considering the price... :'(

Got myself an SP31.


Title: Re: Will anyone buy a BTC miner now?
Post by: MovieBTC on August 26, 2014, 11:11:53 AM
got myself 20 S1 and 5 dragons.


Title: Re: Will anyone buy a BTC miner now?
Post by: FarSky7 on August 27, 2014, 12:18:07 AM
got myself 20 S1 and 5 dragons.
Wow, thats alot of gear.

Good luck, I hope BTC goes to 5000 and you make out like a bandit.  :)


Title: Re: Will anyone buy a BTC miner now?
Post by: philipma1957 on August 27, 2014, 12:32:43 AM
Just wondering if anyone now will buy miners to mine. Considering the price... :'(

I sold off quite a bit of gear and I am holding btc.


Title: Re: Will anyone buy a BTC miner now?
Post by: dropt on August 27, 2014, 04:25:44 AM
Currently 75% done liquidating my older HW, I'll hang on to the newer stuff for awhile.  Won't be buying any more, just holding my stash from here on out.


Title: Re: Will anyone buy a BTC miner now?
Post by: futureazy on August 27, 2014, 08:07:26 AM
Yes there is still a big market in the mining hardware business, it's not as profitable as it was some months ago btw.


Title: Re: Will anyone buy a BTC miner now?
Post by: TheJohn on August 27, 2014, 12:54:56 PM
No, not worth to buy BTC miner now.. price dropped and difficulty increasing..


Title: Re: Will anyone buy a BTC miner now?
Post by: dropt on August 27, 2014, 02:50:56 PM
Yes there is still a big market in the mining hardware business, it's not as profitable as it was some months ago btw.

In a number of cases it's not profitable at all.

BTC IN > BTC OUT = Poor investment.