I have 13 USB Block Erupters that reached ROI and then some (electricity included). The very tiny profit was invested in CEX and profits from that got re-invested. I also pointed my miners to GHash. I'm not sure that was the best move but i keep my chin over the water level. I don't make a bunch of dollars but i never intended to either. I am on the + side and i also became a
hodler a couple of hours ago..
Comments?
If you're going to say you made back your ROI (on Block Erupters no less) please specify that you made back your fiat. No Block Erupters have been able to make back their
BTC unless they were purchased second hand or stolen. Most newbies will think that hardware is worth getting now.
I'm glad you made a profit but the reality is that had the $ been spent buying more
BTC directly you would have more
BTC. That's the debate with all the mining hardware now - will you make more
BTC with it over its lifetime than you would have by buying
BTC outright. Currently no hardware for sale seems to be worth buying.
Fiat ROI is only realized if it is sold and retrieved from an exchange. At least with
BTC ROI you ca have it sitting in your cold wallet.