Post
Topic
Board Mining (Altcoins)
Re: Launching the Antminer L3+, World's Most Powerful and Efficient Litecoin Miner
by
Searing
on 11/07/2018, 23:03:24 UTC
Would you have sold yours at $200 + boot leg PSU's you had? Or drive a few hours, pick them up, and let them sit in basement until they turn back on again in the future. (Serious since i've been wondering). I figure i could sell them for 250 on ebay but that's a hastle, especially with breaker boards and the like. Oh, and if you can take a loss now you could then have a carry over lost against future gains in years to come. That 1800w PSU has me wondering/thinking. I bet its the s11s but... we will see..

In my case...it would still have likely made sense..but it would have hurt more...in that 1) the $$ got me over the income hook of 32k or some such...no way would I likely mine that

much this year to do so.... 2) I have an extra 5k set aside over and above if I did NOT get to 32K..in a set aside for the tax man, month by month, .in other words, as I mined this year, I

kept up with what I owe the tax man..because

IF mining stopped (as it did) being retired I would not have had any $$$ to catch up with the tax man but for selling crypto w/capital gains...that seemed silly...so if I make the 32k

more or less I likely free up another 5k set aside for making the 32k or some such as a reward 3) my elec costs were 14c kWh and are 14c kWh now at the house with my home

Summer rates...as you can see, that pig won't fly 4) again over the 32k or some such allows me to take my self-employed health insurances  (like a farmer) and take it away from

my gross income like electric and equipment asic purchases ..that is 12.8k for me at my age of 62 silver plan and single 5) any extra $$$ of any amount gross after all the above

I can pull off I also can put in the solo401k and take off my gross income

So, again, in my case before I was able to sell the equipment...LIKELY...I MIGHT have made the above cutoff of, again I think it was, 32k ...but it was at best 50/50.

So me, really yeah, probably would have had to eat 200 an L3+ with PSU at say $75 bitmain used for a total of $275 say an L3+

at 200 bucks an L3+ ONLY ...I am not as sure...probably would have still had to do it on the above 'chance' I could pull it off and free up the above options

hopefully, your electric is much less than mine...again, just the 14c kWh means I was frigging doomed....


good luck

brad