Dont know if you guys saw this,also 50k sols/1150w equihash miner but from asicminer-anyone knows if that company is legit or no?So far there isnt a lot of info about them that i could find
https://asicminer.co/shop/asicminer-equihashwho cares at this point? only the mentally ill would buy it.
my reasoning is this
A I have been mentally at occasional times in my life so I can say it.
B if zcash ends up as an asic coin innosilcion has 50,000 sols for 10k vs 40,000 sols for 15k
C if zcash ends up as a money maker innosilicon uses 620 watts 50k sols and asic miner uses 1150 watts 40k sols
D if the coin burns out someone will dump one of these for 2k in under 3 months.
E forks are another threat.
With all these ASICs targeting POW coins, too much crazy money is spent chasing that "perfect ASIC miner".
In the last 3 years, in this chasing game, I was lucky only once, getting a good chunk of early X11 ASICs circa 2016 with Baikals (pre-Giants), and it was purely by chance when nobody was paying attention to newer X11 ASICs and the sudden rise of DASH. Even Baikal probably thought they sold the gear too cheap to my group. Those were the days.
Today, the game is well beyond our control, we get scraps and the "membership fee" to the mining club will soon start 10k and above.
Currently, my group's crypto earnings shows, more than 50% now comes from crypto-currency trading, 30% SHA256 and only 20% from GPU and other POW ASICs.
I think its time for us to re-think our mining strategies, otherwise we just wasting money supporting Bitmain's evil gameplans and experiments.
Experienced miners doing trading gets better results due to our knowledge in crypto mining and how that coin is mined and supported in the crypto ecosystem.
Therefore, why not invest directly into that promising new coin instead?
For me trading is a no go,but I want to develop solar.
I have a pop concept . The thread is in spec sha Mining.
The game at this moment is cheap power.
So if you can get a solar setup for the correct price any gear makes money.
If you install a 1500 watt setup that mines off grid without a battery you have full power for an average of five hours a day. More north maybe four hours a day more south maybe six hours a day.
So a 1500 watt setup doing five hours is 7.5 kwatts a day . If you figure a year it is about 2700kwatts.
At ten cents that is 270usd in a year 1080usd in four years.
The key is that a proper solar setup is good for ten plus year.
So you are getting 2700 usd worth of power. If I can make this setup for 1000
It is a good deal
If I can do 1350 it is meh.
It allows older asic to remain viable for a long time,