Bitcoin Forum
April 19, 2024, 11:38:35 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Difficulty Not An Issue?  (Read 1943 times)
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
June 09, 2013, 07:56:14 AM
 #21

I gave up my FPGA project - even if it's cheaper than ASICminer - because at current difficulty (and difficulty increase rate) the ROI rised to 6-8 or even more months. I have better investments than that :/ I'll leave these two PCBs I already made running and forget the whole thing.
Huh

6-8 months is a great ROI, actually...

what could possibly yield you better results?


the point is to make profit, not to make roi, making only roi is useless
and when i say profit, i mean an amount equal to the one invested, aka ROI X 2 minimum
Of course, but... why do you assume it would instantly explode just after having returned the investment?

because the rise is exponential, you will never make a good profit, this mean a 50% roi if you are lucky
1713526715
Hero Member
*
Offline Offline

Posts: 1713526715

View Profile Personal Message (Offline)

Ignore
1713526715
Reply with quote  #2

1713526715
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Monarch
Newbie
*
Offline Offline

Activity: 16
Merit: 0



View Profile
June 09, 2013, 09:13:33 AM
 #22

Guys, you are always talking about ROI, taking profit(converting back to fiat) etc...  Roll Eyes  But there must be someone willing to buy mined coins at first place.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!