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RE: Analysis: Is Bitcoin mining really that profitable (if you buy now)?
Well written and researched. Thank you for sharing. The other issue is as time goes on, newer mining equipment has a higher ROI/hashrate, so as a result you have another avenue of diminishing returns.
Your $/hashrate may decrease, but so would your yield.
Again, thanks for a clear, well written post! Upvoted.
Thank you, I appreciate the feedback!
You are absolutely right about diminishing returns of newer equipment. I was focusing primarily on cloud mining but I think it applies to hardware mining as well.
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