Heiwashin wrote:DPete27 wrote:These bubbles happen so fast it amazes me that people can actually buy a slew of GPUs and mine long enough to pay them off before it crashes.
I don't think they can honestly. I know a guy that was trying to make a career out of this and kept spending the earnings on more equipment. If I had to guess he'll probably break even before electricity costs.
I'm guessing you have to be in on the ground floor for these types of things. By the time you start hearing about it you likely can't get back the investment you put into it.
200 more 1070's added to eBay since my post earlier today It's really crashing down, anyone in the market for a 1070 that doesn't mind the wear and tear should be on the lookout as the prices start to fall.