RE: Announcing @cfminer - Crowd Funded Miner operating in the STEEM ecosystem

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RE: Announcing @cfminer - Crowd Funded Miner operating in the STEEM ecosystem

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doodlebear (-4)(1)in #introduceyourself • 7 years ago

Interesting idea.. and four questions:

Can I send several SBD in several tranches?
Is there a minimum investment?
What guarantee do I have to get back the investment?
Have any of the above questions been answered in the previous posts?

7 years ago in #introduceyourself by doodlebear (-4)(1)

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wix (55) 7 years ago

Number 3 is easy.. There are no guarantee's in investing, so you should never spend more than what you are willing to lose. That's why I'm starting off with a small investment of 2.717 SBD and I might do more in a couple days though.

$0.16

5 votes

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doodlebear (-4)(1) 7 years ago

That's reasonable.

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cfminer (51) 7 years ago

Yes
No, but there's not much sense sending like 0.001 SBD
Sadly none, because if the whole crypto system collapse, I can not do anything about it. Probably sell the rig to regain some of the investment.
Partially :)

$0.05

1 vote

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doodlebear (-4)(1) 7 years ago (edited)

No, but there's not much sense sending like 0.001 SBD

Did you read my mind?;-)

I would say, the investment worth pursuing until the daily profit drops below 4$ US since its an after tax number and the objective security here to get your money back is zero (nothing personal...). If I only had more than 0.001 SBD, I would send them to you now. This way you'll have to wait a few days...

What makes you sure that the competition does not grow too big since its such a profitable business?

edit

One more (important!!) thing: You are not the person who is also @berniesanders, are you?

$0.00

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tipu (67) 7 years ago (edited)

What makes you sure that the competition does not grow too big since its such a profitable business?

I've been mining and observing crypto since a long time - the profitability decrases over time but not dramatically :)

Check out 30 day graph at: https://www.nicehash.com/profitability-calculator/nvidia-gtx-1080?e=0.1&currency=USD
It's quite stable.

edit: Oh my, no, why do you ask?:D

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doodlebear (-4)(1) 7 years ago

edit: Oh my, no, why do you ask?:D

He's not trustworthy and he has multiple accounts. You never know.

I'll send 1,2SBD now and tomorrow another ~0.5SBD depending on the specific payout.

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tipu (67) 7 years ago

I heard hes doing a lot of flagging :)

$0.18

1 vote

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sames (65) 7 years ago

No tipu is not berniesanders

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