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Anyone here got one?
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Basically you will never cover the cost of the machine itself unless the rate goes up
Very true mate, very true.He who dares Rodney!
The mining rig is like your van, if diesel stopped coming into the UK tomorrow then your van is suddenly useless. The likelihood of an outright bottoming out is unlikely depending on who you ask.So people are prepared to buy an "asset" that actually is worthless as it's only intrinsic value is what someone else will pay for it. I'm fairly certain this is basically a Ponzi scheme that has fleeced millions out of their hard earned that, apart from a few, will end in tears
You can use crypto in CEX
You forgot the bit where you have to wait in a massive queue for some stinky unwashed emo to serve you... Then they say something to you so bloody quietly you stand there puzzled because they have people skills of a sewer rat...I'll use my crypto to shop for someone elses unwanted tat. ??
Somehow people are drawn to what they think is easy money. There is no such thing as no risk easy money, and anyone that thinks there is really need to shake their heads.There isn't mate.
I don't know why people don't just invest everything into what they know.....this business. Window cleaning!
If your give this 110%.....well, you've seen what likes of nationwide window cleaning or even like Pryors etc. are doing.