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Topic: bitdriller mining contracts (Read 949 times)

smoothie (OP)

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bitdriller mining contracts

August 08, 2011, 06:23:46 AM

#1

One of the forums posted that bitdriller.com is providing mining contracts.

Price of bitcoins would have to be at $21.5 just to break even on a 1 Gh/s contract for one month at $350.

I'm pretty sure no one is signing up for any of these contracts anytime soon.

If $21.50 is the break even point I would say that I wouldn't be enticed to have a contract like this until bitcoins is > $30 USD.

Any thoughts?

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wormbog

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Re: bitdriller mining contracts

August 08, 2011, 12:04:30 PM

#2

To be honest I have never understood why anyone would buy a mining contract rather than buying coins directly.

Has anyone here on the forum ever bought a mining contract?

stryker

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Re: bitdriller mining contracts

August 08, 2011, 12:44:41 PM

#3

just sounds like a way of taking all the fun out of mining to me Grin

Grin

still there are always fools willing to part with their money

Yuusha

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Re: bitdriller mining contracts

August 08, 2011, 12:47:27 PM

#4

There's plenty of people who have bought mining contracts. It's because you get newly minted coins, that's valuable to some people.

wormbog

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Re: bitdriller mining contracts

August 08, 2011, 03:08:06 PM

#5

Seriously? In that case, let it be known that wormbog has newly minted bitcoins for sale for only $10/ea. I've also got fresh bitdimes for $1/ea. They're so new they're still warm!

stick_theman

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Re: bitdriller mining contracts

August 08, 2011, 03:23:41 PM

#6

Quote from: Yuusha on August 08, 2011, 12:47:27 PM

There's plenty of people who have bought mining contracts. It's because you get newly minted coins, that's valuable to some people.

lmao

smoothie (OP)

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Re: bitdriller mining contracts

August 08, 2011, 06:20:15 PM

#7

Quote from: wormbog on August 08, 2011, 03:08:06 PM

Seriously? In that case, let it be known that wormbog has newly minted bitcoins for sale for only $10/ea. I've also got fresh bitdimes for $1/ea. They're so new they're still warm!

lol

Grin

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