Bitcoin Forum
May 05, 2024, 11:30:21 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Mining / Bitcoin difficulty not making mining worthwhile. on: June 11, 2011, 11:52:29 PM
I Built 30 rigs, each with 3 x 5830's which all and up cost me 15k which I purchased on credit cards at close to 20%. I am not making much money or bitcoins since the difficulty has gone up, I would have been quite well in the clear if I sold my bitcoins at $30 but I still have them, I don't want to sell them under $15.

Is the price of bitcoins going to go up, if so I will be alright but I am uncertain if I can continue to generate bitcoins in a profitable way. I still have to pay off the credit card. What do you guys think?

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!