Avalon batch II had positive ROI in BTC. Batch 3 was ~30% loss.
ASICMiner hardware had to be horrible losses, except perhaps some of the last batches of USB units.
I think KNC I was a loss, as well as bitfury. But I didn't buy those so I couldn't say.
Topic: Historical analysis proposal: Mining vs. Buying (Read 725 times)
I am going to guess only knc and bitfury achieved ROI in terms of btc.
Not really. If you think of it in terms of Zimbabwean dollars, everybody has made ROI !
I am going to guess only knc and bitfury achieved ROI in terms of btc.
I've been keeping a journal and I'll post it here one day.
It's pretty extensive but very thorough and quite interesting. YOu can learn a lot from past mistakes in the Bitcoin-mining-world.
It's pretty extensive but very thorough and quite interesting. YOu can learn a lot from past mistakes in the Bitcoin-mining-world.
I don't if somebody has already done this, but I think it would be very interesting to see, in historical number analysis when buying mining hardware was actually better that buying bitcoins directly. For the purpose of analysis I would asume that the miner is a longterm believer in bitcoin, so he tries to accumulate as much bitcoin as possible and he keeps all revenue in bitcoins. When in history were miners better off than direct buyers?
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