RE: What Are Your Thoughts On This? Bitmain.com? ROI in 30 Days?

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What Are Your Thoughts On This? Bitmain.com? ROI in 30 Days?

in cryptocurrency •  7 years ago  (edited)

A good friend of mine already pre-purchased two of these, but I'm still a little sceptic about it. It is that kind of deal that sounds too good to be true. A factor you should weight in is that difficulty will raise very quickly, so it is a race. The first ones to have one of this rigs and start mining will profit the most, the latecomers profit is uncertain. But if you have that money free to spend on mining (not compromised in basic needs), I would go for it. And if you do so, please share with all your experience.

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I think it looks good on paper, BUT its a lot of money to save up and send on this! If you are rich and have the cash to splash then yeah I would jump at it!

I looked at the smaller 15GH miner which is a little cheaper, but they are all pre order so time would not be on out side with the increasing mining difficulty.

When does you friend receive his two?

November 2017. And I'm very curious to know if the ROI is as fast as he thinks, and how profit sustains over time.