Wow this is great. What this SIA ASIC actually means to me:
OBELISK ASIC = 3 MONTHS ROI = PROFIT $$$
However, with more of the coin will in circulation, what impact will this have on SIA price?
OBELISK ASIC = 3 MONTHS ROI = PROFIT $$$
However, with more of the coin will in circulation, what impact will this have on SIA price?
Well...not sure that is gonna happen.....been buying ASIC's since 2013...thus....IF and I mean IF
their ASIC equipment can ROI from say 10-12 months, I'd consider that a win, with the equip
deduction, that in USA can all be taken that particular year.
As to other silliness
Well...I'm considering NOW, getting 2 more siacoin Obelisk SC-1 miners to make it an even 4 miners total. (1 in batch 100 and 1 at around 1300 mark..this 2 unit batch
would probably be above 1500 mark)
mainly because I need the equip deductions and BTC as I speak is at $3407 usd. Which comes out at 1.488 BTC or .744 btc each.
Anyone else on who is considering same......(uncertainty loves company)
Hats off to Searing for putting his money where his doubt usually is.
Personally, I threw a bunch of crypto towards hardware that's FINALLY starting to arrive. I bought an Obelisk the first hour they went on sale, but haven't bought another one since. I'm hoping to buy 3 more when my crypto flow allows... and a(n irrational) part of me is worried they'll sell out before then... Luckily the sales counter seems to be on my side.
On a side note Searing, if you're buying 4 SC1s... how do you plan on stacking your Sia when you're mining? Do you plan on holding Sia, or trading out of it? Reinvesting it in the SC2?... ... or maybe selling data storage at a reduced rate? A combination of all 4?