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Topic: Cheap electricity - page 5. (Read 8091 times)

full member
Activity: 196
Merit: 100
July 03, 2016, 03:15:53 PM
#4
Well i think its a good investment because the price of bitcoin right now is high and more price increase will come so i you have 29 5 pieces i think you can earn high amount of bitcoin  you can pay for your monthly bill for power and hold your bitcoin for few months and sell it when the price of bitcoin is high so i think it will still profitable..

thanks for your response. İ still dont know if i should wait to buy the miners because of the halving. Maybe they will be cheaper after that...

Im hoping the S9 cost comes down.
I'm running S7's with cheap ish electricity.
The cost of the S9 is IMHO way to high at the moment.

After the halving the price will either come down, or knowing they have the fastest commercially available miner wil just hold the price and cash in.

The B2 / B3 was a typical money maker, sell B2 with a delivery date a week ahead then release B3 available today for $100 more money.

Just sit and hope the price does come down.
Also hoping the S7 price stays high so I can eBay the S7's.
Not sure the S9 is quite stable just yet reading the thread on here.
hero member
Activity: 630
Merit: 503
July 03, 2016, 12:49:34 PM
#3
Well i think its a good investment because the price of bitcoin right now is high and more price increase will come so i you have 29 5 pieces i think you can earn high amount of bitcoin  you can pay for your monthly bill for power and hold your bitcoin for few months and sell it when the price of bitcoin is high so i think it will still profitable..

thanks for your response. İ still dont know if i should wait to buy the miners because of the halving. Maybe they will be cheaper after that...
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
July 03, 2016, 12:46:58 PM
#2
Well i think its a good investment because the price of bitcoin right now is high and more price increase will come so i you have 29 5 pieces i think you can earn high amount of bitcoin  you can pay for your monthly bill for power and hold your bitcoin for few months and sell it when the price of bitcoin is high so i think it will still profitable..
hero member
Activity: 630
Merit: 503
July 03, 2016, 12:33:12 PM
#1
hi,
i have access to cheap electricity around 1 cent/kWh.
if i buy 5  s9 antminer do you think its a good investment ? What would you say ?
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