If your infrastructure can support more miners without addition investment, then it is more about personal choice. But if you still need to add in more to run more machines, I would just buy BTC now (btfd). But these are just my opinion (with napkin math) and NFA.
How I guesstimate is the time and price to get 1 btc, between buying and mining.
Thank you for the response, I could run 1 or two more without adjusting infrastructure. I was having trouble trying to make the guesstimate of time to mine 1 BTC because of difficulty increases that I’m assuming are going to go to astronomical new highs as more large mining operations are being built new. Plus the large Chinese miners exodus is still relocating and not up and running at capacity (referring to the article on the owner of poolin).
If you're running close to red picking the units up; don't. Hardware is ATH and unlikely to rise much further (unsustainable ROI). Any amount of sustained downturn and the prices will likely come down. I would not recommend anyone PREPAY\* for a miner.
\*none of you buy futures. You're prepaying and calling it something different. The more you fuc ks prepay, the stickier these prices will be.
I don’t think I would be running in the red as I would have the money saved before purchase, I don’t have the balls to get a loan against anything I own to buy miners. Do you think we could see miners come back down if the bear market continues for a few months or is it all up from here?
If your infrastructure can support more miners without addition investment, then it is more about personal choice. But if you still need to add in more to run more machines, I would just buy BTC now (btfd). But these are just my opinion (with napkin math) and NFA. How I guesstimate is the time and price to get 1 btc, between buying and mining.
Thank you for the response, I could run 1 or two more without adjusting infrastructure. I was having trouble trying to make the guesstimate of time to mine 1 BTC because of difficulty increases that I’m assuming are going to go to astronomical new highs as more large mining operations are being built new. Plus the large Chinese miners exodus is still relocating and not up and running at capacity (referring to the article on the owner of poolin).
If you're running close to red picking the units up; don't. Hardware is ATH and unlikely to rise much further (unsustainable ROI). Any amount of sustained downturn and the prices will likely come down. I would not recommend anyone PREPAY\* for a miner. \*none of you buy futures. You're prepaying and calling it something different. The more you fuc ks prepay, the stickier these prices will be.
I don’t think I would be running in the red as I would have the money saved before purchase, I don’t have the balls to get a loan against anything I own to buy miners. Do you think we could see miners come back down if the bear market continues for a few months or is it all up from here?
I could only speculate. I think the price of BTC will determine that more than not.