Post
Topic
Board Mining (Altcoins)
Re: Obelisk tech to release Miner for Decred with the DCR1
by
Searing
on 05/01/2018, 02:32:21 UTC
alas, crypto for equip used to work up till about maybe July of 2017....but again if crypto shoots up so fast it makes no sense...on the other hand ..if crypto dumps
sooooo fast it dont' make sense either and with bitmain at 90% of the equip of all flavors x11/scrypt-pow/sha-256...well I'm tossing in the towel

we will see around june of 2018

but may get another obelisk or two anyway with fiat/cash (no crypto) i have 50% off coupons so may get some for basement toys

other then toys thou....be careful is my advice ...I'm gonna cool my jets till again perhaps July 2018 or so for any serious data hall moves again (if ever) Smiley

would you sell a coupon?  recoup some lost opportunity-cost, eh?

catch is the coupon is locked to my account from what I can tell ..so you'd have to trust me to order you one..not sure that makes a person comfortable

not sure what I'm gonna do yet

according to obelisk reply via email

I have 5 obelisks

I get 5 800 buck coupons first

IF I got 5 more units

I'd get 400 bucks  for my 1st week ordered unit

and 250 bucks for a remaining 4 units

IF I got as many as 10 to use all the coupons

they were more unclear on IF you have 2 units or more per order number

either it would work as above

or go

800 on 1st unit and 400 on the second unit

that would suck...but ..again why be unclear unless that may be the case

catch is to find out you have to FLAG the coupon and once you do that it is locked in

may not matter I have only 1 2 order like this and I find it unlikely I would get the other 3 units anyway

anyway we have till the 31st of Jan to decide on this stuff

when I asked about order of shipping on the orig batches ..they said don't worry all units will ship out at the same time

thus if like me you got over 5 over 2 months they all will dump at once not trickle out

anyway, not sure about getting 2nd order even at 1/2 off of 2nd batch of miners with the 1st batch still vaporware...seems silly

but DAMN, I badly need the equip deduction at a 50% income tax rate (with 10% state tax added that makes it so)

but between these units and DUBIOUS bitmain units in march/april (as they drive up difficulty and mine till then)

looking IFFY

I'm seriously looking at a kick ass big ass do all printer and a decent Xerox machine just for the equip write offs

I already last year got a 5K alienware laptop for the biz (cough!) w/the expansion box for a graphics card (hey, its a gpu miner) (cough!)

just because if I did not 50% would go to IRS and the 25% (1st year all) equip deduction I can get off taxes owed last year 2017 in REAL $$ towards 2017 taxes anyway I'd owe

thus in my feeble mind, the above toy (er I mean legit equip for mining) cost me 25% of retail (cough!) delusion I'm sure but sure makes me happy

but damn, do I really have to buy a Xerox machine....

I wonder if the 2018 tax bill for the rich loosened up some more equip I can buy for the biz besides computer equip/software and miners?

unlikely....

later

brad