I bought 30 grand usd worth of P106 and hosted them in China!

[Sy]

If you don't mind me asking was the electricity fees the only factor you decided to host your mining rig in china or, was the price of mining hardware cheaper over there too?

[BrucePpp]

If you don't mind me asking was the electricity fees the only factor you decided to host your mining rig in china or, was the price of mining hardware cheaper over there too?

The reasons are a few. The 8-card rig of p106 I got in china was 800 usd, Idk how much you can get in EU or NA, especially bulk, but you can definitely get bulk in China in days. My host got my rigs online in less a day after I made payment.

and elec is stable for the whole year as 0.057,

and they have a repaireing team nearby with 80% successfully repairing of the cards,

And mostly important is that I have been working with that farm so I don't need to worry about the trust issue, so...

[percy_tc]

Thanks Bruce, very exciting thread!

[sxemini]

If you don't mind me asking was the electricity fees the only factor you decided to host your mining rig in china or, was the price of mining hardware cheaper over there too?

The reasons are a few. The 8-card rig of p106 I got in china was 800 usd, Idk how much you can get in EU or NA, especially bulk, but you can definitely get bulk in China in days. My host got my rigs online in less a day after I made payment.

and elec is stable for the whole year as 0.057,

and they have a repaireing team nearby with 80% successfully repairing of the cards,

And mostly important is that I have been working with that farm so I don't need to worry about the trust issue, so...

You know that the P106 will slowdown every new DAG epoch? So your income will slowdown too. Keep this in your mind.

[BrucePpp]

If you don't mind me asking was the electricity fees the only factor you decided to host your mining rig in china or, was the price of mining hardware cheaper over there too?

The reasons are a few. The 8-card rig of p106 I got in china was 800 usd, Idk how much you can get in EU or NA, especially bulk, but you can definitely get bulk in China in days. My host got my rigs online in less a day after I made payment.

and elec is stable for the whole year as 0.057,

and they have a repaireing team nearby with 80% successfully repairing of the cards,

And mostly important is that I have been working with that farm so I don't need to worry about the trust issue, so...

You know that the P106 will slowdown every new DAG epoch? So your income will slowdown too. Keep this in your mind.

Yes I am aware of that, it is about 17M increasing on the DAG every week. Thanks for noticing me

[BrucePpp]

Today's income is the highest..

Got paid 0.5932 eth, sold at 396 or 397, 5.95 USD after elec,

I think the reason why it has been up and down is that I use pplns, so when I get lucky, I got lucky lol

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

[Twinkledoe]

Today's income is the highest..

Got paid 0.5932 eth, sold at 396 or 397, 5.95 USD after elec,

I think the reason why it has been up and down is that I use pplns, so when I get lucky, I got lucky lol

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

This is interesting and exciting at the same time. I just hope you will get profit from this. Will check also the progress how long you will break even on this initial amount of investment. That's actually big for a regular crypto user. Very few can afford that amount to trust somebody to run your mining rig.

[Sy]

Today's income is the highest..

Got paid 0.5932 eth, sold at 396 or 397, 5.95 USD after elec,

I think the reason why it has been up and down is that I use pplns, so when I get lucky, I got lucky lol

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

At this pace and if ETH doesn't fluctuate much I think you will be able to break even on your invested within 90-100 days (even less if ETH shoot up) which is impressive.

Good going man keep us posted about the income made.

[MATHReX]

Actually I don't have a strategy...

I was planning to sell 3/4 of the coins and save the rest for later, but I think I have learned enough from the market that I have to learn to be satisfied... I don't want to be greedy... And 400 is a pretty good price, so I basically just sell all of them when I get them. If I am that positive about the market, why don't I just buy them, right? If the price drops back to 300, I may use the 3/4 strategy lol

I would like to consider this as a small regular business, I put in elec as my groceries and I get the profit everyday, much more reliable and safer.

Well, that's true. The price is good and the uncertainty is not something someone wants to deal with.
Anyways, godspeed to you and I hope your endeavour turns out excellent.

[Metroid]

The price is good and the uncertainty is not something someone wants to deal with.

Well, I dont think the price is good, it has a lot more to go, 1000 usd plus, then I could say, is a good price. Anything lower than that is bear territory.

[BrucePpp]

Got paid 0.5722 eth today, sold at 394, 5.74 profit per rig

Nothing much today,

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

And thanks for all those supporting me. I cant say thanks to each one of commenting, because I am a newbie and I have to wait six minutes for each reply lmao

And I am also considering to use hedging product of some financial company...

Hedge at 400 until my break even period ends...

[Darkjamin]

Hi Bruce,

Both excited for you but also feeling the adrenaline just by reading your post. To place such capital in this adventure.
I've bookmarked your google sheet and will keep an eye on it.

I wish you lots of profit.

Darkjamin

[Marvell2]

Got paid 0.5722 eth today, sold at 394, 5.74 profit per rig

Nothing much today,

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

And thanks for all those supporting me. I cant say thanks to each one of commenting, because I am a newbie and I have to wait six minutes for each reply lmao

And I am also considering to use hedging product of some financial company...

Hedge at 400 until my break even period ends...

your total hash rate is 6 gig ? thats very nice for 30k

you should mine zil as well extra earnings

[sxemini]

Got paid 0.5722 eth today, sold at 394, 5.74 profit per rig

Nothing much today,

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

And thanks for all those supporting me. I cant say thanks to each one of commenting, because I am a newbie and I have to wait six minutes for each reply lmao

And I am also considering to use hedging product of some financial company...

Hedge at 400 until my break even period ends...

You sell your earnings every day? You need that money? I think holding the coins is much more profitable, because the eth price will go up in the next month.

[deadsix]

you should mine zil as well extra earnings

Dual mining is back??? Lol

[BrucePpp]

Got paid 0.5722 eth today, sold at 394, 5.74 profit per rig

Nothing much today,

sheet is updated.

https://docs.google.com/spreadsheets/d/1LBD2zgDZxrdUkreOYUcwBqr75E0l_jdsqz4ZpTW6GNY/edit?usp=sharing

And thanks for all those supporting me. I cant say thanks to each one of commenting, because I am a newbie and I have to wait six minutes for each reply lmao

And I am also considering to use hedging product of some financial company...

Hedge at 400 until my break even period ends...

You sell your earnings every day? You need that money? I think holding the coins is much more profitable, because the eth price will go up in the next month.

This price is good enough for me lol

[sxemini]

Oh ok, i think we will see ETH at 1000 dollar in next month, but when 400 is enough LOL.
If you don´t need the money then hodl it.

And your reward for 6 Gh is to small.
My daily income on HiveOS pool with 600 Mh is 0,065 ETH and on Ethermine with 1 Gh i get  0.11 ETH. You with 6 Gh around 0.55 ETH?

you should mine zil as well extra earnings

Dual mining is back??? Lol

Dual mining is back for long time, but in a different way  and yes Zil+ETH is very profitable 

[BrucePpp]

Got paid 0.7776eth today, and 0.5589 eth yesterday,

I kept today's eth due to the drop

Sheet is not updated, I am on the trip to banff!

Got a 25' motorhome from cruisecanada, it is a totally different experience from in an suv!

[john1010]

What miner do you use in eth mining? Im nor obsolete in knowledge I've been paused in mining since mid 2018 so i have no idea which is better, Eth miner, Phonix or other mining software who are circulating now on mining section, which one is better dude?

[sxemini]

Got paid 0.7776eth today, and 0.5589 eth yesterday,

I kept today's eth due to the drop

Sheet is not updated, I am on the trip to banff!

Got a 25' motorhome from cruisecanada, it is a totally different experience from in an suv!

https://cn.etherscan.com/address/101bC5811A3b24538b5Ffd3fec6691Dfa4f20D45

You hold all your ETH, why you write you sell it every day? Strange