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Topic: Soon only sharks will mine ... - page 2. (Read 1854 times)

legendary
Activity: 2212
Merit: 1199
February 04, 2014, 03:23:22 PM
#3
An investment which shows a profit after 12 month would be conspired a good investment by most people.

Plus, alongside rising difficulty the BTC price may rise as well.



Maybe you right. From my point of view it is getting to risky to invest into mining.
There is no any varranty that you will have profits Smiley
Sure - risk is needed. But - What I just think is, that soon there would be better ways then mining to earn BTC for those who hasnt got a lot of money.
sr. member
Activity: 299
Merit: 253
February 04, 2014, 02:43:43 PM
#2
An investment which shows a profit after 12 month would be conspired a good investment by most people.

Plus, alongside rising difficulty the BTC price may rise as well.

legendary
Activity: 2212
Merit: 1199
February 04, 2014, 02:27:23 PM
#1
According to rise of difficult of mining.

I must say it is so hard to earn some real cash from doing it.

You invest for example $2000, it is not a lot like for mining hardware, but for most of us it is quite large investitment.

So you spend 2000$. If difficulty will not go up (not possible) you will have your money back in about 4 months.
If your mining hardware will not fail.

But difficult will rise. So time to get money back will add to 4 months and it is gonna be (example) 6-7months.

So Smiley

The only good way to start mining is invest 10.000$ - 15.000$ minimum.
Then we can talk.

It is getting to be harder and harder Smiley
Like it should be. But... i just say - soon normal user will be not able to mine in reasonable investitment price.
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