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Topic: Mining when it costs more in power than payout. - page 2. (Read 2657 times)

hero member
Activity: 546
Merit: 500
I will continue to mine when this happeneds to my miners, why?

Well if/when BTC jumps in price again.. all that "unprofitable" mining becomes widly profitable.


You are an idiot.

Take that money you would have spent on electricity to power your miners and buy bitcoins with it instead.

You'll get more bitcoins that way.

If difficulty drops or the price of bitcoins goes up and you would turn a profit again, turn your miners back on.

donator
Activity: 1218
Merit: 1015
The issue's that you can get it cheaper by purchasing right on an exchange if you're bullish. This ignores many benefits, though, not the least of which is that you don't have to deal with an exchange and bank to buy coins.
legendary
Activity: 2212
Merit: 1199
I will continue to mine when this happeneds to my miners, why?

Well if/when BTC jumps in price again.. all that "unprofitable" mining becomes widly profitable.

Well this is kinda risky Smiley but nice support for Bitcoin! Smiley
legendary
Activity: 1722
Merit: 1000
I will continue to mine when this happeneds to my miners, why?

Well if/when BTC jumps in price again.. all that "unprofitable" mining becomes widly profitable.
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