What I'm asking is what type of ROI you would expect for an investment right now. Over what time period. I'm even okay if its slightly negative.
Did the math and ROI doesn't look that bad now for reinvestments. But cheaper miners with BTC price increase would be nice.
Did the math and ROI doesn't look that bad now for reinvestments. But cheaper miners with BTC price increase would be nice.
It depends on how you do the math. The way pyramining is setup the time period is "indefinite", it pays a fixed % rather than for a fixed amount of time.
You seem like you understand an idea that I have been occasionally trying to get people to grasp, people need to get away from the positive ROI in ASAP with btc mining. The only way that BTC can succeed in usage and price is if people embrace a longterm outlook. Very few businesses have had the ROI potential that BTC had when the asic race kicked off and those days are behind us. If it costs most of what you mine to keep the hardware running, the market is doing its job. Its been a tough adjustment but I am perfectly ok with running hardware and only getting 20% of the income, in this scenario I prefer to run hardware locally so that I can average out the exchange rate of BTC to USD and decide if/when the best time is to exchange to pay the powerbill.
While I honestly thought we would be knee deep in another bull market by now, I do feel like we are close to another bubble, hopefully with this one being more prolonged and less steep of a climb as the last one. IF/when the next bubble happens we will all see a temporary boost in mining income and then the race to the bottom resumes at full speed.
