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Author Topic: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner  (Read 274973 times)
Searing
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February 27, 2018, 02:15:04 AM
 #3921

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)


edit: (yeah, I"m conflicted...with 90% of miners to the public being Bitmain...I need equipment for tax purposes badly this year, but they are evil and ROI is dubious
at best.....kinda a 'do you want to be dropped in the tiger pit on the right or the bear pit on the left?)

sheesh.....save me anybody ASIC maker...that is just lame and not evil...wherever you are! (plays: we need a hero song, in mind)

I seem to be involved in the past and probably in the future in an "abusive ASIC relationship" ....so it seems ....damn.....




......
.L I V E C O I N . N E T.
.
..PROFITBOX..
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.....
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jchi2210
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February 27, 2018, 02:16:07 AM
 #3922

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)



Lol I love it! Although I do agree!
btcapollo
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February 27, 2018, 04:18:02 AM
 #3923

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)


edit: (yeah, I"m conflicted...with 90% of miners to the public being Bitmain...I need equipment for tax purposes badly this year, but they are evil and ROI is dubious
at best.....kinda a 'do you want to be dropped in the tiger pit on the right or the bear pit on the left?)

sheesh.....save me anybody ASIC maker...that is just lame and not evil...wherever you are! (plays: we need a hero song, in mind)

I seem to be involved in the past and probably in the future in an "abusive ASIC relationship" ....so it seems ....damn.....





Why is everyone getting coupons from Bitmain?
nazzer
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February 27, 2018, 04:54:30 AM
 #3924


Why is everyone getting coupons from Bitmain?


Late ang pau probably...

Vega 56 | Vega 64 | RX580 | GTX1070 | 1050Ti | S9 | L3+
dlezama
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February 27, 2018, 04:54:36 AM
 #3925

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)


edit: (yeah, I"m conflicted...with 90% of miners to the public being Bitmain...I need equipment for tax purposes badly this year, but they are evil and ROI is dubious
at best.....kinda a 'do you want to be dropped in the tiger pit on the right or the bear pit on the left?)

sheesh.....save me anybody ASIC maker...that is just lame and not evil...wherever you are! (plays: we need a hero song, in mind)

I seem to be involved in the past and probably in the future in an "abusive ASIC relationship" ....so it seems ....damn.....





Why is everyone getting coupons from Bitmain?

Who knows, I just logged in and found 2 x $100 coupons, they didn't even send me an email to let me know.
btcapollo
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February 27, 2018, 04:57:46 AM
 #3926

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)


edit: (yeah, I"m conflicted...with 90% of miners to the public being Bitmain...I need equipment for tax purposes badly this year, but they are evil and ROI is dubious
at best.....kinda a 'do you want to be dropped in the tiger pit on the right or the bear pit on the left?)

sheesh.....save me anybody ASIC maker...that is just lame and not evil...wherever you are! (plays: we need a hero song, in mind)

I seem to be involved in the past and probably in the future in an "abusive ASIC relationship" ....so it seems ....damn.....





Why is everyone getting coupons from Bitmain?

Who knows, I just logged in and found 2 x $100 coupons, they didn't even send me an email to let me know.

Unfortunately, you can't stack them.

I have a feeling they are trying to clean out some inventory. Is this how Bitmain puts stuff on sale?  Cheesy
Searing
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February 27, 2018, 06:15:41 AM
 #3927

I have some Bitmain coupons for sale if anyone is interested. I have

13- $200 USD coupons
12- $125 USD coupons
26- $100 USD coupons
2  - $50   USD coupons

The $200 and $100 coupons are good until June, the $50 and the $125 are good until July!

30% off of the value. We can do them 1 at a time if it makes you feel safe. PM me for details. Cheers!

Great..so the frigging coupons I have from last fall are likely ONLY good till June if lucky July 2018...even this miner perk seems also to be 'illusion city' in reality

I doubt I will find anything of any bitmain flavor that will make ROI sense by that point in time......as usual even lame coupons ..turn

'crispy evil' if enough time goes by.....(bitmain did not make 4 billion dollars more than Nvidia (in 20 years) bitmain (did in 4 years) by having 'idle hands'

bitmain: (evil never rests....)


edit: (yeah, I"m conflicted...with 90% of miners to the public being Bitmain...I need equipment for tax purposes badly this year, but they are evil and ROI is dubious
at best.....kinda a 'do you want to be dropped in the tiger pit on the right or the bear pit on the left?)

sheesh.....save me anybody ASIC maker...that is just lame and not evil...wherever you are! (plays: we need a hero song, in mind)

I seem to be involved in the past and probably in the future in an "abusive ASIC relationship" ....so it seems ....damn.....





Why is everyone getting coupons from Bitmain?

Who knows, I just logged in and found 2 x $100 coupons, they didn't even send me an email to let me know.

Unfortunately, you can't stack them.

I have a feeling they are trying to clean out some inventory. Is this how Bitmain puts stuff on sale?  Cheesy




my thoughts are they mined (at least mostly L3+'s from what I can tell) (again all this is IMHO) ...anyway they mined the heck out of stuff from Jan till March/April...

hell...probably from Dec thru March/April....then all the $$$ collected for these units to clear out...they dump april/may in a mass dump...when 3 months in the consumers

can get the  mainly L3+ ASIC miners........then they use the revenue from the say Dec to March/April dump of BCH $$$ to them to help tide them over..for the next 2-3 months as they

ramp up the plant for NEW better ASIC equipment (outside of China asap).. for less power and maybe over 1TB units ..there are rumors about...they THEN use those units to fill the data

halls OUTSIDE of China ...cutting most if not all strings...or at least for newer miners they now have.....old equipment dumped....mainly in the March/April 'splash' to consumers.....and again

as per usual...they mine the new equipment over the summer ...in their NEW outside of China data halls and announce consumer version

say around Sept/Oct (pre-orders of course 3 months again ...like they did for Dec thru March)...and it is win/win/win again for bitmain (bitmain: we do evil well!) (tm:bitmain)

rinse/wash/repeat

(also under my above 'hopefully' fantasy....my coupons ($200 bucks) would expire before being able to be used on new asic equip..should I choose to play

this game again with bitmain of 'catch the falling knife on ROI' game...in the fall ...at god knows what difficulty from the above march/april and new equip data halls churning thru summer

in the fall of 2018.....slim pikins likely..

all above is unlikely....but bitmain has done trickier things then my above 'hopeful' fiction...just saying....its how they roll!

(bitmain: evil requires people to make an ASIC screenplay....to plot the sub-plots!) (tm: bitmain)

So again, about $300 buck LTC and my stuff I run now (scrypt-pow wise) may last into the summer (knc titans, L3's and perhaps past that L3+'s) with what I expect for an

equipment dump by bitmain to consumers march/april..data hall scheme above..etc...so again IMHO, always behind the bitmain 8 ball on ROI and when to get equipment...

So timing being everything, and bitmain with 90% of asic equipment of 'many flavors' ....(plus the damn crummy web site and 3am purchasing of 10 min window)....things

might be 'damn slim' for NON-dubious asic scrypt-pow equipment....then again I suppose, as long as I am wishing I can HOPE for $400 LTC and run what I have into fall

but that too is probably 'unicorn dreams' (too many damn unicorns...price pump unicorns...equip roi unicorns.....difficulty stomping unicorns.....damn hard to get the

herd to all run the way I want...with bitmain controlling all them unicorns)

bitmain: unicorn herding is NOT our forte....unicorn stampedes for difficulty and profit...yeah....we can do that!) (tm: bitmain)

hopefully the above is simply 'a bad dream screenplay' on my part.

...god knows I'm wrong about lots of other stuff.....hope I'm wrong about the above timeline/bitmain flow...




......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
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mustangy
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February 27, 2018, 11:31:09 PM
 #3928

anyone knows how to get credit overpaid
i have overpaid for $600 and they said will be credited but there is no option to mention credit and how to spent??
cuopons
85x$100
6x$200
wtf how split those i didnt order anything 85 pcs???
and no order of 6 item either??

always have antminers and psu for sale please dm
nexus2017
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February 28, 2018, 03:00:04 PM
 #3929

coupons
2x125 for 50 each
4x200 for 80 each

available. plz PM if interested
CryptoCrane
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March 01, 2018, 02:17:53 AM
 #3930

anyone knows how to get credit overpaid
i have overpaid for $600 and they said will be credited but there is no option to mention credit and how to spent??
cuopons
85x$100
6x$200
wtf how split those i didnt order anything 85 pcs???
and no order of 6 item either??


In the past, you would need to submit a new order and then pay for everything except the $600 that you already have credited. Then you would submit a ticket asking for the $600 to be credited to the specific order.

lestherat
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March 01, 2018, 08:42:06 PM
 #3931

Yeahh i found that coupons in my account too, not selling, just use the first one of 200 usd, and bought a new L3+, lets grow the farm  Grin  you can use only one coupon on each order, this coupons are give to us for each buy we made in the past months, so is nice detail from Bitmain to engage us to buy more and it works, at least with me  Grin
Searing
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March 01, 2018, 09:39:39 PM
 #3932

Yeahh i found that coupons in my account too, not selling, just use the first one of 200 usd, and bought a new L3+, lets grow the farm  Grin  you can use only one coupon on each order, this coupons are give to us for each buy we made in the past months, so is nice detail from Bitmain to engage us to buy more and it works, at least with me  Grin

Hope you are correct

my view however

1) Bitmain mines the hell out of stuff from Jan to March/April when it allows a MASS DUMP of L3+'s to ship during that time frame...loving that pre-order BCH etc

2) Bitmain say around MAY (still dumping OLD generation ASIC's or both BTC and LTC favor)....announces new ASIC's in the fall..say 1TB 400watts or some such)

and at around MAY, last of L3+'s trickle out and/or other asic's of other flavors....all trickle to the end....sale site now empty

3) Bitmain then, with pre-order money and only its own equip to use for itself (of any asic flavor)  mines like hell with its NEW generation equipment in data halls from say around May/June

when consumers start to get the new stuff in  Sept/Oct...till then all bitmain, slaming difficulty up of many flavors of protocols and scrypt-pow (er maybe not x11 heh, already dead) Smiley

4) Thus in a 9 month or so period you will RECIEVE your pre-paid scrypt-pow miners all at the same time ...about 1 month March/April and 1 month say Sept/0ct

with the other months all bitmain all balls to the wall....w/o anybody but themeselves really slam'ing difficulty up in mass.

5) also notice these coupons as they try to move the last of the old stock L3+'s etc are NO GOOD after MAY ..another attempt to move out old stock for new in a pre-order manner

without any 'benifit' of these coupons being used..for fall say, new generation equipment...thus expect the new asic generation equipment to be announced after the coupons expire (June I

think that would be)


6) anyway, again, IMHO, we need $300 buck LTC for my stuff I have now LEGACY I have not march/april L3+'s as an  example here coming just the legacy stuff (L3's, L3+'s and my KNC

Titans) to make the $$$ they make NOW on the March/April equip dump.....

7) Also, IMHO for the folk getting their stuff in March/April of at least the scrypt-pow flavor....for L3+'s will need $400 buck LTC to maybe ROI and for myself with legacy equipment this

means, in my case,  maybe my bitmain stuff can 'squeak' into fall and my knc titans will likely go 'doorstop' sometime in the fall vs sometime beginning of summer w/o any of the above.

Cool which means EVERYBODY in scrypt-pow mining needs/wants/prays for at least $300 buck LTC or we are gonna be equipment rich/difficulty slam'd and Sh*t out of luck.. come March/April

whatever your are up to ...running legacy equip or the new march/april dump to everyone...this maybe likely with again other equip for BTC as well

.....ie the usual bitmain 'toaster city' result Sad

But as 'evil genius' goes..they as usual, seem to have all the 'evil angles' covered Sad

bitmain: bringing your new and innovative ways of 'pure evil' for your enjoyment! (tm: bitmain)




......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
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March 03, 2018, 01:18:17 PM
 #3933

LMAO Searing....I suspect you are closer to the truth than "not".

You only live once....if you do it right, once is enough.

 Excellent FAQ for Lightning Network https://medium.com/@AudunGulbrands1/lightning-faq-67bd2b957d70
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March 03, 2018, 09:33:48 PM
 #3934

LMAO Searing....I suspect you are closer to the truth than "not".


I ALWAYS want to be wrong...but ever since Bitmain last summer 'took' the order of mine off the truck (according to eastshore.xyz rep) because the price was pumping to

$25 then from like $8 bucks or some such...(if I remember correctly) due to a 'firmware error' and they then mined them for 6 weeks...and I got them 8 weeks later...well

a bit of suspicion don't ya know..especially when the firmware was labeled YET January 2017...

Add all the other 'games' they have played 'since' last summer of 2017..and you begin to 'suspect' a worldwide evil genius plan.....

also ..beware of bitmain 'giving coupon' from last year...it is a 'trap' of some sort that will become apparent...

but yeah....I'd love to be wrong...but Bitmain moving out of china...current psu's labeled 'hong kong' not 'china' now...coupons that expire end of May...etc etc

miners with psu's for a set price ...(likely used and yanked off the shelf)

yep, its a trap.....trouble is at 50% income tax (35% plus 10% state plus say 5% social security...so I call it 50% to be safe) I badly need equipment....

so probably will eventually take a chance ..if I can hang out till AFTER the giant dump of asic equip of many flavors by bitmain in march/april

but alas, will likely be a 'fail' on my part on how to time to get equipment with this dump of equip/likely new ASIC generations of equip over summer they will mine like hell

and of course....even if you WANT to order ...the www site lags out .if you are out of China so you are still F*cked.....

yeah....

please, please, let me be wrong! (though a price pump to 300 or 400 LTC would take more than  a bit of pressure off....if the ASIC gods are watching) Smiley

IT comes down to really, why is bitmain giving coupons? hmmmmm.....why the rush? yeah...afraid its a trap of some sort...we will see...

bitmain ...same evil orchestra.....different evil tunes..... rinse/wash/repeat (tm bitmain)




......
.L I V E C O I N . N E T.
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..PROFITBOX..
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hinvestmentgroup
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March 03, 2018, 11:18:25 PM
 #3935

LMAO Searing....I suspect you are closer to the truth than "not".


I ALWAYS want to be wrong...but ever since Bitmain last summer 'took' the order of mine off the truck (according to eastshore.xyz rep) because the price was pumping to

$25 then from like $8 bucks or some such...(if I remember correctly) due to a 'firmware error' and they then mined them for 6 weeks...and I got them 8 weeks later...well

a bit of suspicion don't ya know..especially when the firmware was labeled YET January 2017...

Add all the other 'games' they have played 'since' last summer of 2017..and you begin to 'suspect' a worldwide evil genius plan.....

also ..beware of bitmain 'giving coupon' from last year...it is a 'trap' of some sort that will become apparent...

but yeah....I'd love to be wrong...but Bitmain moving out of china...current psu's labeled 'hong kong' not 'china' now...coupons that expire end of May...etc etc

miners with psu's for a set price ...(likely used and yanked off the shelf)

yep, its a trap.....trouble is at 50% income tax (35% plus 10% state plus say 5% social security...so I call it 50% to be safe) I badly need equipment....

so probably will eventually take a chance ..if I can hang out till AFTER the giant dump of asic equip of many flavors by bitmain in march/april

but alas, will likely be a 'fail' on my part on how to time to get equipment with this dump of equip/likely new ASIC generations of equip over summer they will mine like hell

and of course....even if you WANT to order ...the www site lags out .if you are out of China so you are still F*cked.....

yeah....

please, please, let me be wrong! (though a price pump to 300 or 400 LTC would take more than  a bit of pressure off....if the ASIC gods are watching) Smiley

IT comes down to really, why is bitmain giving coupons? hmmmmm.....why the rush? yeah...afraid its a trap of some sort...we will see...

bitmain ...same evil orchestra.....different evil tunes..... rinse/wash/repeat (tm bitmain)





If theory I have seen about coupons expiring before you can order next generation machine, then we may be safe on current generation for 6 months.  I think my coupons expiring end of June if I remember correctly.  So if you figure order July 1 arrive September.  That would be worst case.  Though maybe we'll see a decred miner before that?  Just thinking next gen for L3.
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March 04, 2018, 04:44:19 AM
 #3936

LMAO Searing....I suspect you are closer to the truth than "not".


I ALWAYS want to be wrong...but ever since Bitmain last summer 'took' the order of mine off the truck (according to eastshore.xyz rep) because the price was pumping to

$25 then from like $8 bucks or some such...(if I remember correctly) due to a 'firmware error' and they then mined them for 6 weeks...and I got them 8 weeks later...well

a bit of suspicion don't ya know..especially when the firmware was labeled YET January 2017...

Add all the other 'games' they have played 'since' last summer of 2017..and you begin to 'suspect' a worldwide evil genius plan.....

also ..beware of bitmain 'giving coupon' from last year...it is a 'trap' of some sort that will become apparent...

but yeah....I'd love to be wrong...but Bitmain moving out of china...current psu's labeled 'hong kong' not 'china' now...coupons that expire end of May...etc etc

miners with psu's for a set price ...(likely used and yanked off the shelf)

yep, its a trap.....trouble is at 50% income tax (35% plus 10% state plus say 5% social security...so I call it 50% to be safe) I badly need equipment....

so probably will eventually take a chance ..if I can hang out till AFTER the giant dump of asic equip of many flavors by bitmain in march/april

but alas, will likely be a 'fail' on my part on how to time to get equipment with this dump of equip/likely new ASIC generations of equip over summer they will mine like hell

and of course....even if you WANT to order ...the www site lags out .if you are out of China so you are still F*cked.....

yeah....

please, please, let me be wrong! (though a price pump to 300 or 400 LTC would take more than  a bit of pressure off....if the ASIC gods are watching) Smiley

IT comes down to really, why is bitmain giving coupons? hmmmmm.....why the rush? yeah...afraid its a trap of some sort...we will see...

bitmain ...same evil orchestra.....different evil tunes..... rinse/wash/repeat (tm bitmain)





If theory I have seen about coupons expiring before you can order next generation machine, then we may be safe on current generation for 6 months.  I think my coupons expiring end of June if I remember correctly.  So if you figure order July 1 arrive September.  That would be worst case.  Though maybe we'll see a decred miner before that?  Just thinking next gen for L3.

alas....if there is next generation stuff and this fire sale of older equip (my view used) and such and with bitmain mining dec to jan w/o shipping (and dumping old asics of many flavors) and then after april/may dump annouces next generation pre-orders for say sept/oct..and then bitmain MINES LIKE HELL for another 4 months w/o any next generation miners...to any of us
whose pre-order money is building bitmain's data hall..ie none for us...all for them...

well, we are tail end charlie again..no..the difficulty from pre-order announce to gettting equipment in hand, IMHO will be 50% increase (guess) and bitmain will have been the

one running us over with tire tracks on our body with difficulty pump

again rinse/wash/repeat

again...wish to incorrect ..but we are talking bitmain here...it is how they 'roll' (tm bitmain)


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March 05, 2018, 05:13:12 PM
 #3937

@Searing,

Honestly I'm in a similar situation as yourself. I need to re-invest in order to offset expected gains from mining from this year. Right now, prices for bitmain miners are nearly at fire sale discounts. The only difficulty is afaik, you can only apply one coupon per order or something, i.e., you can't buy 10 miners and apply 10 coupons to that order. You have to apply them each individually; i'm not sure what i will do about that. Regardless, S9's at $1900 and l3+s at $1400 aren't bad cost per miner. Ideally we will also see some miners start going out of business since they bought units at $2500 and have a much higher overhead, electricity cost, and are not prepared to withstand the bear mining season. This means maybe you could be picking up miners second hand from $800+. Regardless, paying full cost and shortly getting a USD return of $8/day right now in profits per miner for either an S9 or l3+ isn't awful. It's sure not great, but not awful. If you have to buy hardware, better to do it sooner rather than later and simply bite the bullet. The downside to any of this of course is if/when next gen machines launch and how long until they ship. I would assume whenever they are announced it will be a 3 month pre-order. I can't see next gen launching before May, June, or July. So I think if you buy now you will earn for 6 months and then things will get a bit tight.  I'm a bit short on cash so I'm waiting in the wings but eyeing these discounted prices like a vulture. (The other issue of course is finding someplace to hold/host your machines, I'm seeing more and more local pushback to miners...)
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March 05, 2018, 07:46:59 PM
 #3938

@Searing,

Honestly I'm in a similar situation as yourself. I need to re-invest in order to offset expected gains from mining from this year. Right now, prices for bitmain miners are nearly at fire sale discounts. The only difficulty is afaik, you can only apply one coupon per order or something, i.e., you can't buy 10 miners and apply 10 coupons to that order. You have to apply them each individually; i'm not sure what i will do about that. Regardless, S9's at $1900 and l3+s at $1400 aren't bad cost per miner. Ideally we will also see some miners start going out of business since they bought units at $2500 and have a much higher overhead, electricity cost, and are not prepared to withstand the bear mining season. This means maybe you could be picking up miners second hand from $800+. Regardless, paying full cost and shortly getting a USD return of $8/day right now in profits per miner for either an S9 or l3+ isn't awful. It's sure not great, but not awful. If you have to buy hardware, better to do it sooner rather than later and simply bite the bullet. The downside to any of this of course is if/when next gen machines launch and how long until they ship. I would assume whenever they are announced it will be a 3 month pre-order. I can't see next gen launching before May, June, or July. So I think if you buy now you will earn for 6 months and then things will get a bit tight.  I'm a bit short on cash so I'm waiting in the wings but eyeing these discounted prices like a vulture. (The other issue of course is finding someplace to hold/host your machines, I'm seeing more and more local pushback to miners...)

yeah, why I"m sitting on my hands....for the most part...with all the equip dump..and the coupons (mostly) expire 6/1/18....damn hard not to just say 'screw this' and HODL coin...

myself at 50% to tax man...(more or less I paid 41% last for 2017 taxes including soc sec as a home business and the 10% state income tax...so more or less 50% is how I play it..

the extra 9% in cash ..I will apply in mass to next years health insurance plan (home biz) .so call that a wash...

so anyway I can apply the 50% that is gone to above anyway to equipment instead (same deal) and then also get 25% compressed equip deduction in 1 year towards taxes I know

I will owe anyway this year (real money) THUS my risk is only 25% of equipment cost.....and cover electric to run the beastie...

even at that, with the dump in march/april I sit on my hands...if EVERYONE grabbing bitmains stuff w/coupons (the only game in town) is counting on the BTC and correspondingly the

LTC price and other scrypt-pow coins to go up accordingly..I keep asking myself.....why buy equip? IF it is a price pump that is needed to bail out the march/april stuff hitting the world

of asics of many flavors (sha-256/blake2b/scrypt-pow) .....why not just HODL crypto with NO risk of dubious equipment....at this point in time anyway....

so I look at stuff and scratch my head a lot....at $200 buck LTC it is the worst of all possible scrypt-pow worlds....giant difficulty slam march/april...everyone mining like hell and a flat

price....we need IMHO $300 buck coin for my Bitmain stuff to last into fall and my knc titans to last maybe into summer....we need $400 LTC for the stuff from bitmain hitting march/april

to ROI IMH0 and my stuff putters ALL OF IT Bitmain units and knc titans into the fall......so,I sit on my hands...if price is the only thing that may save us now...why swap crypto for crypto

out on the miners at best (oranges for oranges)

so sit on hands, contemplating the dust bunnies  on my keyboard in confusion...I will 'crack' probably, as I need equipment deduction...but WHEN is the question? (hell I should go back

to used stuff ..did that for 2 years)

befuddled yet

brad

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March 05, 2018, 10:18:03 PM
 #3939

Searing has been in the game awhile and his thoughts only mirror mine ATM. Once you involve the TAX man it's a difficult game. I am at the point of wondering what to do with my small mine and the impending wave of miners.
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March 05, 2018, 11:39:46 PM
 #3940

Searing has been in the game awhile and his thoughts only mirror mine ATM. Once you involve the TAX man it's a difficult game. I am at the point of wondering what to do with my small mine and the impending wave of miners.

Yep I came to the same conclusion.  Mining is for losers. Most miners could have made more if they just bought and held coins initially like Eth,  Starting out mining was fun initially, but afterwards I discovered irs wants to eat your left over crumbs leaving you with little reason to continue to want to mine, especially after these low price value

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