Wild machine. That 600 TH hydro is basically another league from what I was looking at.
I was waiting to see what Bitmain would drop at WDMS, but I needed Equihash (zec), not SHA-256, so I went the other way and grabbed an Antminer Z15 Pro instead. Paid around $6,300. At my power rate the return has been better than I expected, on my numbers I’m looking at payback in a few months if things hold.
Was tempted to sit on cash for something like this hydro… now I’m more inclined to just add a second Z15 Pro. Last I checked the place I used only had a handful left.
Anyone else skipping the new Bitcoin flagships and sticking with Equihash boxes for now?
A payback period of just a few months is characteristic of a mining pyramid scheme offering a 1.66% daily return. While miners sometimes get lucky and turn a profit, many lose money on such equipment when the altcoin's price drops. Bitcoin mining allows for payback calculations and forecasts, whereas the economics of mining new altcoins can change at any moment.