It doesn’t look like it right now. Under 3 ZEC per month at 16k. There are power supply costs, shipping costs and customs fees on top of the $2000.
ASIC mining is beginning to look like a Ponzi scheme as only the prior customers get the coupons and it takes the coupons to get your money back from the investment. I see a few recent ASIC’s where the miners didn’t even get their money back from the first batch. If there were only GPU mining you will get your money back if you buy the new generation soon after release. GPU companies don’t release faster versions every 3 months. I am still making money with my GPU rigs 7 months after starting on the last generation.
I’m still making money from my GPUs 18 months into it. But nvidia has no responsibility to me to make sure that is the case. Neither does bitmain. Neither does zcash co. Mining is as risk laden as buying coins outright.
I bought asics from bitmain. I dont trust bitmain. I dont think they intend to act in anyone’s self interest but their own.
Were those 2k plus all that? Sorry of im mistaken and thats the case ( I see that it was in fact ) they’ve been going for a few months now though so you should be just about there I’d say huh?
And given the only cost like $20 a month to run (max) you should be able to hodl that I think
current per day income: USD 25-35 as it’s going up and down / 16k overclocked Z9mini
monthly electricity cost: ~ USD 40 at ~$0.14/kw/h / 16k overclocked
current profit per month after electricity: USD 800-950
Just giving some guidelines at a given electricity cost so it’s easier for some people to calculate things.
It shouldn’t be any different than overclocking a graphics card really, just have to keep it cooler, maybe a few erroneous computations but really the heat is the key issue
Nope, as long as i can keep them “cold” it’s ok and i never go to the extreme ever and use overclocking always use some steps (1step in the case of the Z9mini) below possible maximum overclocking.
Right now the temperature of my Z9mini is 59-63C constantly which is pretty low for an overclocked asic.
And no, i wasn’t concerned as i have a lot of experience in overclocking/downclocking my asics as i do it with all of them that have the ability D3’s are downclocked to stay efficient and profitable, rest is overclocked and so far i never had a damaged unit.
That logic is also assuming that you’re selling it immediately which is what that $0.50 comes from (your taxable income), ive read estimates of $65k in 8 years so that .002 zec or whatever would be $130
Profitability calculators are for miners who have to sell in order to stay running because otherwise it doesn’t apply to you hodlrs
If a frozen DeLorean manifests in front of you in a flash of light and somebody gets out of the seat who looks a lot like you except really old and tries to hand you something that looks like a market graph, take it
Not anymore. I ordered a couple A9 mechs. I will be selling immediately. I intend to use the profit to purchase additional mechs. There are several really good ones pre-selling currently for several algos.
Anyone else notice a huge drop in their payout ratios in the last few days? It was probably a pool switching to ZEC then back to another coin. The GPU’s are not mining as much as they used to. Mining rates seem to be reverting back towards the mean.