According to whatomine : https://whattomine.com/asics/150-bitmain-antminer-l7-9500mh

Having your L7 running from the first of january 2022 until july 2024 (that's as far as they go) would've rendered you : 17429,67 USD if you sold your coins every day, that means if i did the same i would only break even after two years and half of mining.

Here's the google sheet of the breakdown of every day:

https://docs.google.com/spreadsheets/d/189MQVFsntqXQqfyRN_-BQRRCAX2NQYqGpOMOHoHjPOM

Hello,
I'm a longtime lurker, i finally found a stable job to acquire a miner.

But from the calculations that i did on older models like the Antminer L7 (Scrypt) or the Antminer KS3/Ice river KS5L (KHeavyHash), i always found that the money made from mining over the months would not recoup the initial investment, especially in KHeavyHash machines where they don't even last a full year before plummeting.

Do the miners usually HODL their coins and wait for it to appreciate or do they sell every day ? Because if it's the first option, HODLing the coin directly would yield more benefice and if they sell everyday then that would mean that the Asic would never pay for itself before becoming obsolete, especially if bought in it's first months when the price is at it highest.

I should mention that the electricity price is 0.08$.

I would appreciate if someone would clarify if i missed something.

Thanks!