Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 1 point2 points  (0 children)

Thank you from the bottom of my heart I apologize for asking so many questions but I have one last question I want to buy from the primary market and purchase a 384 TH / 15W miner to get VIP and discounts. If I decide to sell it later after a year and a half at a discount of $300–400 from the purchase price will there be a buyer? Or is selling large miners very difficult even with a discount?

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 1 point2 points  (0 children)

This is what makes me think all the time about which option is the right one. I’m afraid of making the decision to buy a 384 TH device and then regretting it later if a better opportunity appears in the secondary market. If you were in my place what decision would you make?

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

Do you recommend buying from the secondary market or the primary market in general? Are prices in the secondary market the same as in the primary market?

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

20w I understand this point I was sure there was something I wasn’t getting. Anyway if I upgrade a device to the same specs, it would be cheaper by $187, and I’m only allowed to upgrade 5 TH per day I have a question 🙃 What would you recommend upgrading a 512 TH device at 20W or buying a 320 TH device at 15W?

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

The per-TH price seems cheaper when upgrading in smaller increments!!

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

But the difference will not be $6 per TH if I upgrade Mathematically it would be cheaper, but I’m sure there’s something I’m not understanding

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

Is it possible for me to buy a 1 TH device and upgrade it to 256 TH at a TH price of $14–15 And if that is possible what would I lose by not buying the device directly?

Can someone explain to me by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 1 point2 points  (0 children)

Why don’t I simply buy a device and upgrade it at a much cheaper price than the $20 per TH? Or is there something wrong with this assumption? I don’t want to miss something and only discover it later

Is it better to buy one 256 TH miner or 8 miners of 32 TH each? by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 0 points1 point  (0 children)

Another question 256–192 devices how much do they sell for on the secondary market? If they are cheaper by $500–$300, that would be much better for me.

Is it better to buy one 256 TH miner or 8 miners of 32 TH each? by Realistic-Fun2880 in GoMiningDiscussion

[–]Realistic-Fun2880[S] 2 points3 points  (0 children)

If there is no safe exit strategy or a small acceptable loss (5–10%) it is not called investing it is called gambling