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These sort of analyses really need to baseline against the opportunity cost of simply buying and holding. > "If the price goes around $400, we should be at bre
by brownbat 9y ago
These sort of analyses really need to baseline against the opportunity cost of simply buying and holding.
> "If the price goes around $400, we should be at break-even in the next 75 days..."
Yeah, but if the price goes to $400 you could have just spent your original startup costs on the coin and not spent $77-150 on electricity.
If you require the value of the currency to steadily increase for mining to be profitable, then you're just bullish on the value of the currency. If you're bullish on the value of the currency, just buy some.