Can you afford $150 for 1TH of mining power? That at today's rates should produce about 0.05769 BTC over 12 months which is worth $980 at today's price of bitcoin $17k. But a year from now that price could be $170k/BTC, at which point your $150 investment would turn into $9800. Of course if you can't afford to invest $150 you won't get to make any profit.
RE: There's a Bitcoin GOLD RUSH Going on - How to PROFIT Big from BITCOIN
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There's a Bitcoin GOLD RUSH Going on - How to PROFIT Big from BITCOIN
I like your thinking Jaro! It all rests on the idea that BitCoin will continue going up in price though. I see it pushing 30,000/Coin over the next 2 years but I think that's the highest it can realistically go without destabilizing current banking institutions so much as to create a solvency crisis. You've got a great attitude though and I appreciate your insights. I think you stand to be very wealthy in the near future.
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Bitcoin went up 20 TIMES in price since january. What makes you think that it'll only go up 2 times in the next 2 years? I see it just getting started, with at least 10 TIMES gains in the each of the next two years.
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When bitcoin accelerated in November, people estimated it would reach 10.000 USD by the end of the year. Today it is likely to double that.
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Were can you buy a $1TH miner for $100
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See the link in the article. But you don't buy the 1TH miner for $150, you rent it for that amount for one year. That is, you buy a one-year 1TH contract and the company will use their miner to mine bitcoin for you at the 1TH capacity for one year.
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I highly speculate the price will be 170k from 1 year now!!!
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