RE:RE:RE:bitcoin vs mining companiesThe obviuos question is if everyone thinks Bitcoin will go to $20k or $100k why not just buy bitcoin and wait for it to go up? You will make way more money and not have a bunch of worthless computers in 3 years that you will need to pay to get rid of. Seems pretty stupid to mine bitcoin at a cost higher than what you can buy them at. If bitcoin goes up 10 times the return from mining will not go up 10 times as more miners will restart and the difficulty willl go up. At best you will see double your money from mining in short term rises of bitcoin price but you could see 10 times return if bitcoin goes to $100k and you bought it at $10k. Does no one know how to do math anymore? The whole idea of mining is to get an even rate of return (10 to 15%) but so many miners are doing it to launder money that the returns will never be positive.