SIA - HODL or mine?
I've been really bullish on SIA for a while. I see a lot of market chatter, chart trends and with the release of the new mining rigs I see great growth potential. I am more of an investor than a trader, but am exploring the mining route. Does anyone have any input on HODLing vs mining SIA?
I looked into it, you get about $7 or 137 SC per TB per month. This is contingent upon you actually getting a contract though. You also have to put up some SC as collateral to force you to maintain a 99% up time. I think if the price of SC goes up, you could do well but with the current rates, I think you are better off mining elsewhere. Personally I am mining VTC. I get about 1.2 coins a day and am just waiting for it to hit $100 by the end of the year lol.
Thanks for your input! i am reconsidering my mining operation now. Based on what to mine dot com, profitability looks a lot higher than what you listed. This, of course, is probably not accurate. I will reconsider my mining operation.
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