bitdriller mining contracts

[smoothie]

One of the forums posted that bitdriller.com is providing mining contracts.

Price of bitcoins would have to be at $21.5 just to break even on a 1 Gh/s contract for one month at $350.

I'm pretty sure no one is signing up for any of these contracts anytime soon.

If $21.50 is the break even point I would say that I wouldn't be enticed to have a contract like this until bitcoins is > $30 USD.

Any thoughts?

[wormbog]

To be honest I have never understood why anyone would buy a mining contract rather than buying coins directly.

Has anyone here on the forum ever bought a mining contract?

[stryker]

just sounds like a way of taking all the fun out of mining to me 

still there are always fools willing to part with their money

[Yuusha]

There's plenty of people who have bought mining contracts. It's because you get newly minted coins, that's valuable to some people.

[wormbog]

Seriously? In that case, let it be known that wormbog has newly minted bitcoins for sale for only $10/ea. I've also got fresh bitdimes for $1/ea. They're so new they're still warm!

[stick_theman]

There's plenty of people who have bought mining contracts. It's because you get newly minted coins, that's valuable to some people.

lmao

[smoothie]

Seriously? In that case, let it be known that wormbog has newly minted bitcoins for sale for only $10/ea. I've also got fresh bitdimes for $1/ea. They're so new they're still warm!

lol