Consider this scenario.
I have 1 btc. I buy some ghs on the exchange for say .07btc per ghs. i mine with it for a few days I make some more btc with it. Then sell my position in the exchange because the price of ghs went up to .075.
Its like getting dividends. Also you can trade on the exchange 24 hours a day.
Its not as simple as buy cloudmining from bfl that doesnt even start yet.. it starts right away.
Mind you, it isnt perfect, but you dont have to wait on a preorder set it up wait for shipping pay for electricity, keep your cat off your miner.. etc. it just works.
so that piece of mind is worth a premium alone, but you also get to make profits trading too should you be so inclined.
i lost about 20% there and pulled out. theres serious price manipulation going on. but if youre paying attention you can profit from it too.
Yep, bought around 50ghs, mined with it for couple of weeks before selling everything and still getting a profit alone by just selling my ghs. It was around 0.067 and now its reaching 0.73
Show Posts
