Post
Topic
Board Mining (Altcoins)
Re: Bitmain launches the Z9 Equihash miner
by
efudd
on 12/09/2018, 12:04:52 UTC
Welp, this is a costly lesson is why not to buy from Bitmain.

Mini's down to 0.06ZEC/day through the night at 16kSol/s (and 0.075ZEC/day at 16kSol as of this post).
Z9s still MIA+expectation of 25% tariff on the funds bitmain already has.

Difficulty was at 24.6million a bit ago and 1.34GSol/s.

Knew there was a risk, but I didn't expect bitmain not holding up their end was part of that risk.

Let's see, 30k usd in minis+infrastructure, first 10k of that went straight to bitmain for 3 more Z9s, 13k usd usd of original still needs to be CRd(ROId) + 10k of the 2nd 'investment'. I'm expecting another 2.5k on tariffs when (if?) the Z9s ship.

Altcoins being destroyed isn't helping the equation.

net-net, now isn't the time to get into asics unless you want to spend $10k(+2.5k tariff!) to get $270 in coupons ($90*3) on your next 10k purchase.

-j