I’ve been seeing a lot of people (including myself at one point) jump into mining thinking it’s some kind of guaranteed money printer.
So I made a quick gut-check list. If most of these hit… you’re probably gambling.
You’re probably gambling if:
- you bought a miner because a calculator said it was profitable today
- you have no idea what your actual monthly power cost is
- you’re assuming the coin price won’t drop (or will magically go up)
- you don’t really understand what J/TH means, you just picked a machine
- you chose the coin because it’s “hot” right now
- you’re expecting ROI in a few months no matter what
- you haven’t thought about difficulty increasing at all
- downtime/repairs haven’t even crossed your mind
- you think this is passive income with zero headaches
- you didn’t compare multiple machines, just pulled the trigger
- you’d be stressed if profits dipped for a couple months
- you’re checking profitability every day like it’s a stock ticker
be honest — how many of these did you check before you started?
and which one actually cost you money?
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