Got 65 GH/s at CEX.IO, what to do?

[sickhouse]

I'm going away for rehab, at least 1 and a half month for detox, will the price just keep dropping or eventually go up to 0.032 again? Should I put it up for sale when I leave? Looking at the last month it's been dropping, but I make pretty much imo. If I keep it when I'm away I'll propably make at least 0.2-0.4 BTC, but will it be worth it? :/

[1714022816]

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[1714022816]

1714022816

[1714022816]

1714022816

[sickhouse]

Wow, haven't been this low for like... ever... 0.0022 per GHS :S

[Rannasha]

I'm going away for rehab, at least 1 and a half month for detox, will the price just keep dropping or eventually go up to 0.032 again? Should I put it up for sale when I leave? Looking at the last month it's been dropping, but I make pretty much imo. If I keep it when I'm away I'll propably make at least 0.2-0.4 BTC, but will it be worth it? :/

Of course the price will keep dropping. The price is correlated to the expected earnings and they will go down as the difficulty keeps going up.

The question you need to ask is whether the payout from mining will be larger than the drop price. Typically, the answer is 'no'.

[sickhouse]

I'm going away for rehab, at least 1 and a half month for detox, will the price just keep dropping or eventually go up to 0.032 again? Should I put it up for sale when I leave? Looking at the last month it's been dropping, but I make pretty much imo. If I keep it when I'm away I'll propably make at least 0.2-0.4 BTC, but will it be worth it? :/

Of course the price will keep dropping. The price is correlated to the expected earnings and they will go down as the difficulty keeps going up.

The question you need to ask is whether the payout from mining will be larger than the drop price. Typically, the answer is 'no'.

Isn't the current BTC price with in the calculation? In this case it's no, but I got unlucky. I had my chance to make a trade profit but that was the same day I deposited the BTC.. And the price has been going up before even tho the difficulty went up so thats why I am asking. It was actually rising for a while but they put very slim trade ranges today.

[sickhouse]

Sold the GH/s at a low price, +-0 basically but whatever Think the BTC will rise during the comming months anyway.

[jimmothy]

Sold the GH/s at a low price, +-0 basically but whatever Think the BTC will rise during the comming months anyway.

Good choice. A minor loss is small compared to the loss if you would have held cex.io mining shares.

[sickhouse]

Sold the GH/s at a low price, +-0 basically but whatever Think the BTC will rise during the comming months anyway.

Good choice. A minor loss is small compared to the loss if you would have held cex.io mining shares.

Yeah, owe a friend some BTC but I have over 1 now for the first time \o/ bought it for $500 something TO THE MOON