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-Why mine at a loss? Even with the outrageous transaction costs, you could just buy at the going rate and be left with way more bitcoin when/if the market rebou

• ravitation 9y ago
  He still said you have to "beat [the] cost of operations/electricity"...
• jungturk 9y ago
  Mining at a loss might make sense for a while if you've made hosting/power commitments.
  • ravitation 9y ago
    That fits into what OP said. Because then, like your mining equipment, your electricity cost essentially becomes part of your CapEx, and your operational expenditures (OpEx) become almost zero (for Bitcoin mining anyway).
• HenryBemis 9y ago
  From CNBC: https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-... I know it's just "one analyst", but I don't mind investing (gambling) on something that may give me a x10 yield.