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RE: Just like in the original gold rush, it's the ones selling the picks and shovels that get rich

in #bitcoin7 years ago

Wow!! That is quite the revelation. I truly never considered the impact from that link of the chain but it makes absolute sense. It really makes we wonder what value i could be getting on hashflare if it wasn't for the extreme costs for the mining equipment on the other side. The worst part is that as Bitcoin dropped the fees and cost to invest in hashflare remained the same. This caused me to turn off the reinvest feature for now because you no longer get value for your investment. I think looking back now at my experience with hashflare and with armed with information like this I would seriously reconsider my hashflare investment. Long term I think I would have been better off just investing the same amount of money straight into Bitcoin.

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