post #51 of 51
Quote:
Originally Posted by Slomo4shO View Post

Profitability implies recuperation of initial costs. Outside of the initial adopters that stock up on coin in the first few weeks to months of a coin launch, most players in these temporary inflationary periods never break even.

In fact, investing your monthly electricity costs and initial hardware costs directly into coin will almost always yield higher returns on investment.

I recouped my costs with Litecoin already. In fact, before that as I bought the Litecoin hardware with money made from Bitcoin. Either way, hardware is not a big outlay as you only need to cover around 30 % of it to ROI - after that you can sell the hardware for 70 % of retail and you're at 100 % ROI.

Let me further expand on that and say there was no initial cost with Bitcoin as I already had the hardware for gaming and overclocking.
Edited by Oj010 - 6/26/16 at 11:37am