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by paulpauper
3268 days ago
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The major problem with buying mining rigs is that they may be pre-mined. Often the developers will use the rigs for mining and then when the rigs stop becoming profitable (assuming the bitcoin price is stable), sell them as 'new'. |
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The actual problem, especially in the past, was that you could pay for the hardware but not actually obtain it for months, by which point it was no longer profitable. Presumably, the manufacturers were using the hardware themselves during that period.