But, I think that the break even will still not decrease from deposits completing. Deposits completing might just keep it at 31 months. Cause, as difficulty rises the breakeven takes longer and longer.
That's why I think they should do something like 50% fixed mining , 50% polled mining. Or maybe 30% fixed mining, 70% pooled mining. And if there is ever the case that the current hardware options is really good then the old members will get an advantage. And if its like how it is now then you're going to be getting more than an old investor but you'll still be benefitting the old investors.
The problem right now is that as the investment becomes less lucrative less people invest which means less growth. Without growth hashrate will just stall into negative (does pyramining take fees for electricity?)
According to the website deposit take 44-51 months to ROI.
Suppose it take 44 months to ROI, that's more than 3 years and a half. How come pyramining maintain a stable profit for so long without investing massively in future hardware ? As I've seen, pyramining does not plan to invest anything before next year. In few months, investors may have to pay pyramining to run the obsolete hardware when the cost of electricity is higher than the income.
Suppose pyramining survive for so long. 10% bonus for 51 months... what where you thinking about when you invested ?
It mean 10/56 = 0.178 % interest per month. It is lower than putting your money on a saving account in your bank.
I know, pyramining swear the bonus will go above 100% as you convince more investors to invest after you but come on... convincing someone to invest knowing he will never get back his money is like scamming someone.
Haven't you done some research ? Many investments are available for bitcoin.
For example : Putting your bitcoin on your mcxnow wallet give you more than 2% per month with no risk while you can withdraw any time.
Invest your bitcoin on just-dice give you about 4-5% per month with variance (you can withdraw anytime too).
