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Good for you and your brass nuts, man. However, I think what you risked underscores the reason why small miners will never be profitable - small risk, small re
by fbliss 13y ago
Good for you and your brass nuts, man. However, I think what you risked underscores the reason why small miners will never be profitable - small risk, small reward. Big risk big reward. Those with capital to invest will leverage, those with modest investments should not be expecting huge returns.
- lectrick 13y agoThanks. I knew it was a pretty big risk at the time but I spent about 2 weeks obsessed with it and doing my homework. Pored over the source code, forums, docs, concepts etc. (it probably helped that I'm a programmer). By the time I was done with that "homework" it felt less like a risk and more like a sure thing... although BFL at the time was also a big risk. It took MANY emails with Sonny and Josh over there, back and forth, before I felt comfortable forking over that amount of cash. (They ended up giving me a discount, too.) The tone of the emails and the seriousness and some voice calls helped reassure me a lot that they were serious. I don't think that aspect of it can be discounted.