Is it worth to buy L3 miner at current difficulty and expect profit from it
what will be return on investment
depends...i'm at 50% to the IRS and state tax rate (40% irs and 10% state tax)
ie that 50% is gone if it goes into equip or not
I also can get the 5-year depreciation on equipment ...compressed....all the same year 25% off what I KNOW I will pay in real $$$
for taxes in USA
so that cuts my risk down to 25% over just paying the IRS 50%
so in my case for 25% risk....I get a unit...for that price in real $$$ from what I'd lose anyway (more or less)
now
as a newbie...you take your hard earned $$$ and buy a miner you get the 25% equip deduction like me if you make enough on taxes you need to pay to
get that taken off taxes owed in real $$$ this year
the other 75% is ALL RISK
myself, the bitmain units ARE NOT even at my above angles WORTH IT for the March orders (also notice the fine print they don't have to ship any till after April 12th
this is, IMHO, a nice hedge for bitmain to mine the units should they have another 4-6 week pump in LTC or scrypt pow prices...like when they held my miners for 4-6 weeks
on a 'firmware error' when the price pumped to 50 bucks for LTC and the units arrived wit Jan 2017 firmware on them, lol )
So, just saying, I'm just mining what I have and am in HODL mode until at least say June of 2018
In the object of fairness, I did get some 5 obelisk sc miner units, on a hedge that the price would dump for BTC in Summer of 2017 (not my wisest move. don't ya know)
but I just squeaked by with 20/20 hindsight and really needed the equip deduction of the obelisks, so my ego can take the hit on the misplaced hedge of BTC dropping and
me getting equip as a hedge)
but, for the most part, I see Bitmain, doing the same game it has in the past....the 3-4 months before these units ship bitmain will run up the difficulty in LTC (probably) or
scrypt-pow (maybe) by 30 to 50% before these units even ship...even with an LTC say price pump...you'd at best (again IMHO, I know zip) be just trading crypto in
for crypto out at best....scraping by an ROI...
thus crypto for equip at this point in time (any equip) is a risk...so...keep that in mind...but I'm not doing it with bitmain products at this time, even thou my risk
is probably 25% over...just looks too dubious to me with them mining the stuff till march/april 2018..seems rigged
(esp if they bring out better equip in march/april) so I will wait and navel gaze till then
