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RE: Genesis mining day 46 - steady

in #mining7 years ago

Hey there same thought exactly. I have an article that try to predict the future difficulty and therefore the future profitability and you may want to check it out. But the conclusion is that this could turn to a bad investment. People are crazy buying rig with high premium and because it looks good in the paper couples month ago and i am too looking to buy only when it is back to normal price

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Yes, soon, I saw some 1070s for some sane prices - I'm hoping that gpus will be cheaper than usual when people start dumping their rigs... though I would have expected it by now.

Yeah same strategy as you really. I am talking to some local dealer, apprently amd and nividia have also increased their retail price. A 6 card rig of p106 mining specific cards, providing around 150mh, would sell around 2500 usd. So for me, still not giving me much edge to buy esp we cant resell the card as they are mining specific.