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February 20, 2014, 04:17:19 PM |
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Seriously, most of the posts here are so DUMB! There are several moving parts in investing in CEX.IO GHSs. One is the conversation rate to BTC. Another is the difficulty rate. Yet another is the value of BTC themselves. I read all these all or nothing entries, DUMB! Mining captures a portion of those 25 BTC per 10 minutes. That's income, regardless of size, as long as it's a positive number (and it always is). The rate of return, will not change based on the investment. So if CEX.IO is a good investment for $.01, it's a good investment for $10,000,000.00 also. That isn't the case with buying the hardware. There is a scale issue, and a depreciation issue with running the hardware at home. With CEX.IO that depreciation, and CEX's expense in upgrading their hardware, is yet another cost, buried in the fees we all pay there, as is CEX's electricity. How anyone can barf a "you'll make nothing mining Bitcoin" without taking all these things into consideration, is wasting our time.
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