Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
henyojess
on 16/05/2018, 11:55:50 UTC
hi phil.

I see you have a new thread. hope you are doing fine.
Sold all my btc and will be remaining in cash during this price down turn.
I plan to scale back in when the down turn shows sign of reversal.

I started a mining farm with 3 friends last JAN 2018 and deployed:
12x1060
22x1070
18x570
4x580

we rented out a room which means we have recurring monthly rent cost.
we installed internet service which means we have recurring monthly internet cost.

we cant stop mining unless we pay the pretermination cost on the room and internet,
both contracts are 24months long.

i will crunch some numbers to find at what price btc should drop to which makes profits drop to zero.