Amd since this is an open contract, if things go in a similar fashion for 16 more months (I added up to 2 years roughly like their other contracts), you should make at least $25k. Yes, the difficulty will rise but so will the btc price probably. So you might profit even more... or maybe a "little" less.
Now could someone please explain me if I am not seeing something important here? If this calculation is correct, I actually wouşd prefer to rise my th/s to 200 in the next 7 months instead of returning my investment
I could get that back in the next 3 anyways.. right?
Now could someone please explain me if I am not seeing something important here? If this calculation is correct, I actually wouşd prefer to rise my th/s to 200 in the next 7 months instead of returning my investment
I could get that back in the next 3 anyways.. right?Look at the sentence I highlighted. Difficulty will rise (certainty), so will btc price probably (I guess so).
But history shows that difficulty is rising (much!) faster then btc price.
So you think difficulty will increase so fast that ROI would never be 7.5 months... Yeah it probably won't. If btc won't rise incredibly at least. But you will eventually get there right? Say 12 months then... From then on, wouldn't every month be a profit of like $1000 at least with the investment already paid?
I am having difficult time figuring if it is better to jump right in as soon as possible or best to stay out of it. I don't want to miss these prices as they won't be dropping them lower as the difficulty goes higher, and earn as much as I can while the difficulty is around at this level... but it still might not be profitable at all if I can't get my investment back quickly.
