It seems like the potential upside is huge but im not finding a tremendous amount of support for it. I bought 1 LBC miner and im bidding on another since it’s something im willing to let sit and just see what happens with it over the next few years. Unfortunately my coin base funds didnt clear fast enough to buy one from goldshell… lesson learned, leaving funds in there going forward.
To me the structure of LBC and HNT leaves so upside based on the backing of a real businesses strategy. Am I wasting my time and money on this LBC miners?
Yeah, I’m in for the long term on this one, just going to forget out the boxes and let them run. At the very least id expect it to double in value over the next year
The tech and idea behind LBRY is solid. They are held back by the SEC lawsuit and will be for some time. I’d say at least 2 years. So if you are willing to wait that long AND you think the lawsuit won’t shutdown LBC and the Library foundation then go for it.
Mining LBC in the short term is not going to be profitable.
Haha…the breakeven for KD box was over a year 6 months ago…if you bought then you are now making the price of the box in 36 days, check my post pointing out a low return for KD Box on 6/7/2021 but wanted to let everyone know they were back in stock on Goldshell on that date, leap of faith!
I also like the LBC project and I have 1 box chugging away.
If you believe in it long term. Go for it.
Nothing wrong with believing in something and going for it.