Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
For me I am working at getting solar expansion since I have a 73 acre piece of land from and investor with some money. I have buysolar as a solar guy
our goal will be to develop this and to develop a 900-1200 watt solar setup for a little guy
both projects shoud do well in this climate of low margins.
our goal will be to develop this and to develop a 900-1200 watt solar setup for a little guy
both projects shoud do well in this climate of low margins.
so youre gonna be selling pickaxes and shovels. not a bad strategy at all
Can't a 1200 watt setup already be purchased for a couple of thousand dollars?
over 2200 which is not the price point we want to do this for.
a 1500 dollar setup that runs an L3+ or a 2 board s9
makes a lot of non profitable gear earn a profit.
the l3+ is earning about 0.02475 ltc a day that is 2 bucks a day so in 2-3 years the solar is paid off.
Since the solar has a long life time of over 10 years a 1500 dollar system should work for miners.
at adaseb mining asics always slides to low profit as asics are a one trick pony power to coin and no other use.
gpu's were working hard during the two big booms
2013 and 2016 to very early 2018
when gpus are turned to dust by asics the markets crash because asic builders build asics like mad and sell them as fast as they can.
then low cost power people buy gear like mad.
pretty much the cycle .
over and over.