Not focusing on ROI but I'm not wealthy enough to afford to throw money away into bitcoin. I love mining and I love learning more about cryptocurrencies. I can't afford to pay for it as a hobby though.
Topic: need advice (Read 595 times)
I think there are better reasons to mine then just a quick ROI.
There's other SHA256 coins out there, other than BTC. If you're in to hedging your bets, you could mine some of them and they might be worth a bit sometime. It really is a waiting game, though.
I'm finding myself floundering so I felt it necessary to seek advice. I'm afraid my mining days are numbered. There are a few factors that have really boned me. First, Bitlc.net went down and didn't pay out for a large number of people. That set me back. Then in February I spent 26ish btc on a 30gh/s miner from BFL. I've not yet received it and at this point it can only churn out .1btc per day. I'm not sure I'll ever break even on it before the difficulty goes too high for it to continue mining.
So now I'm wondering how to turn things around so that I can get more btc to buy an up and coming miner, be it the monarch or some other 2th/s miner from company x,y, or z.
What do you guys think?
So now I'm wondering how to turn things around so that I can get more btc to buy an up and coming miner, be it the monarch or some other 2th/s miner from company x,y, or z.
What do you guys think?
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