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Guys, please tell me again how this all won't end bad?

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Thread replies: 15
Thread images: 2

File: bitcoin cost.png (41KB, 627x462px) Image search: [Google]
bitcoin cost.png
41KB, 627x462px
Guys, please tell me again how this all won't end bad?
>>
>someone says something stupid about btc
>therefore btc and all of crypto will crash
>>
>>3434280
it takes like a year though
>>
>>3434280
$400 is the cost to make $4200 worth of Bitcoin...what are you complaining about?
>>
>>3434280
>what is forgetting hardware costs for $100?
>>
>>3434299
How about in China, where resources to mine are plentiful and electricity is dirt cheap?
>>
>>3434280
Eth was only $7 power when it traded at mid 300s in june and you could mine 3 a month with a 2k rig.
>>
>factory costs X
>resources cost Y
>finished product sells for Z
Problem?
>>
What if it costs me 0?
What if i've invested into a solar farm years ago and it's already paid itself off, and I hook it up to a mining operation.
>?????
Profit?
>>
>>3434311
you know how difficulty works right? and besides theirs a limit to how many bitcoin can be made
>>
>400 USD of electricity on a 4000 USD asic miner
>>
>>3434463
since you only investet in a solar plant and not a server farm you will have to buy the equipment

that will take you back atleast 300k if you want to be serious about it
so the first 2 years you shouldn't expect any returns what so ever
>>
>>3434280
This is why POW crypto is retarded.
>>
Fairport burns trash for that cheep alternating point charge.
>>
dont be a fucking idiot and just buy some neo and hodl
Thread posts: 15
Thread images: 2


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