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Topic: Why people sell their miners - page 2. (Read 1600 times)

newbie
Activity: 52
Merit: 0
September 20, 2017, 04:04:10 PM
#4
Profit too small for some people. Sometimes it's better to have focus on more important things..
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
September 20, 2017, 04:01:20 PM
#3
For the average Joe noise is the biggest one. They buy an industrial miner geared for the most hashrate and power density in a small space and expect quiet performance, but instead they get a vacuum cleaner. Another one is difficulty making mining more and more difficult; a lot of people sell their miners right before they are completely obsolete to get a little money back.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
September 20, 2017, 01:26:26 PM
#2
Some people have very cheap power and can still profit from older hardware. Some people have free power and can profit from other people paying the bills for them without realizing it. And some people are just stupid and don't realize what they're buying.
full member
Activity: 532
Merit: 102
September 20, 2017, 01:11:45 PM
#1
Why is the main reason that people sell their miners?
I think the only is for obsolescence of miners, that is to say, that miners don't make profit, is this is true, other people can make them more productive?

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