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by Heliosmaster
4509 days ago
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I asked the same thing on BTC StackExchange a year ago: http://bitcoin.stackexchange.com/questions/5975/why-there-ar... The most popular reply was: It is not guaranteed that purchasing mining equipment will generate in its lifetime more than it cost to purchase. That depends on the future of BTC price and the difficulty, both of which are hard to predict. "Those who believe, for whatever reason, that it will indeed be profitable, will purchase devices. But most companies selling mining hardware are in the business of designing hardware, not of speculation and running datacenters - in terms of both risk profile and expertise. So long-term they should just sell the hardware." and also "In the gold rush the people who made the most safe/constant returns where not the miners but the people who sold them the shovels" |
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