Since you guys are all bumping up this thread, and every other post is seemingly off topic, what's the latest miners? My guess is S9? How about for alts? ... @Searing, I know you mine some lite ones, you mentioned. heh.
I plan to set some on the north pole beside Santa's house.
Well, for me at 12c kWh electric it is not flying well...Santa's house or not....for me anyway
My view is (at this time it can change at a whim) is that IF you have ASIC miners of any flavor you should just mine like hell and hold the crypto of your choice...assuming
your alt or crypto of choice ..is linked to BTC pump)
In other words, if you see the coin pumping anyway you should just hodl if that is your only reason to get equip ...less risk hodl'ing long term
IF you have to have equip (ie need the space heater aspects on the north pole and/or a lot cheaper electric then my 12c kwh ave for the year
Then I'd get a Bitmain L3+ as the least offensive asic machine out there..mine like hell and hold it all in LTC
What I'm doing with my 7,500 mh of scrypt pow and my 2 D3's and 1 300 mh baikal cube..all are on prohashing mulitpool and all payouts all in LTC
My view is if BTC is gonna stabilize at say $8k usd or over....then I have a hard time not seeing LTC be at least $100 at the low end...my view is $150 sure thing and/or
maybe $300....so I'm saving LTC on that assumption
you make the same assumption...on a bitmain L3+......and difficulty gets us in trouble...the price pump of LTC may get you out of trouble
IF BTC dumps and the LTC historical linkage remains and you are looking at a BTC and LTC dump..then LTC usually does not fall as far and you can hold
a year, till the next pump....
Myself, I'd just wait and put it in coin...and myself LTC...IF your reason to get a machine is a bet on LTC rising...skip the machine and the other lemmings
at this point in time and just get coin (or in my case LTC) .... you can always change your mind after the 1st of the year
myself, I havde plenty of equip deductions for the IRS this year in equipment ..so my extra $$$ are going into a solo 401k and LTC to hold from IRS
same benifit as equip write off less risk
thus gonna fill the solo 401k bucket FIRST each year from now on ...then equipment seems more prudent
know guys that used the service below..you run it all you keep your keys you are the account runner....they just help setup/then maintain for a fee afterwards
anyway, its an option also
https://www.checkbookira.com/IF the game is to fill up as much crypto in a bucket as you can...I think I'm gonna do the solo 401k first.....then dubious equip ...and if I get dubious equip I'll take out
a loan and be more modest/prudent...the days of me using crypto for anything other then elec pay on my current ROI miners may be numbered.....the way the price
of BTC and LTC keeps rising......seems the better path to fill the solo 401k bucket first (as a tax write off like equip) and then equip (with a loan) and if for some reason
I get in trouble with the bank fiat loan...I can always then cash out coin after the fact....to fix such....
no more crypto first and loan paid off next ..the price of any flavor of crypto BTC or LTC or Dash....etc as soon as I did that would explode (how my life works)
anyway, my angle
Also, I would not get any equip till next year to use as a tax write off in 2018...also if LTC pumps to 300 bucks you probably would need the equip write off more in 2018 anyway
I mean it is Nov 21st already...I'd hold off till 2018
the play I'm making and how I'm looking at everything (at this time anyway)
later
brad
edit: re-read above....can I really be OFF_TOPIC on a dead miner thread..? Interesting philosophical question..hmmmmm
anyway as usual, you don't like my ramblings put me on /ignore ...I don't mind
