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1  Bitcoin / Mining speculation / Re: Small Commercial GPU Farm Owner Looking To Add BTC ASICs on: March 12, 2021, 07:49:00 PM
That's a great point actually.
2  Bitcoin / Mining speculation / Re: Small Commercial GPU Farm Owner Looking To Add BTC ASICs on: March 12, 2021, 03:22:59 PM
[...]

Thanks I will check out the site.

I don't want to host them somewhere else because I want to keep this commercial space long term for other things outside of mining so it's worth it for me.

Also, I don't mind the risk...I regularly risk $10k plus on crypto trades with no problem so this is just another way to spread my risk and possible gain new crypto in the end.

Also, I don't care if ROI takes a year...I'm a long term HODL'r and I believe BTC is going to continue on the upward trend barring some sort of global emergency.



[...]

Thanks for the input.

So I really don't care how if the ROI is 3 months or even a year...probably not much more then a year though. I also don't mind the risk.

I'm already doing very well on GPU mining and I have an LLC setup for all this so if I risk and lose on BTC mining it will be a tax deduction anyway. Realistically I would like to find a BTC ASIC with 6 month or less ROI at my power rate. I also firmly believe that BTC is only going to trend up over the next few years so I'm willing to take the risk.
3  Bitcoin / Mining speculation / Small Commercial GPU Farm Owner Looking To Add BTC ASICs on: March 10, 2021, 09:20:09 PM
Hey guys, long term crypto HODL'r and long time (small time miner) here.

In the last few months I opened a small commercial mining operations to capitalize on the booming ETH rates right now and thankfully I was able to get very low rent, good hvac, close to my house, and decent power rates (around 10-11cents).

My original plan was just mine with GPUs (some I own some are for some customers who rent space here) but with ETH 2.0 moving along I want to in the long term switch to BTC ASIC mining.

So, I'm pretty familiar with how ASICs work...years ago I had an Antminer S7 for like a week but quickly realized I couldn't keep it at home LOL.

But now I have this great industrial space that I really want to keep and I have some capital on hand so I think I'm ready to make the plunge and get some ASICs. Right now I'm looking at the Innosilicon t3+pro 67t and it looks pretty good but the only place I can find them for sale is Ali.

So I guess my questions are...is it a bad idea to order from there and also is there a better miner I should start with? I don't really have a budget per say...but I'm more concerned about ROI.

Any advice is appreciated!
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