Post
Topic
Board Mining (Altcoins)
Re: Innosilicon Grin Asic
by
Searing
on 28/07/2019, 21:39:43 UTC
miner for 11 thousand dollars is certainly too much. it is necessary to make more accessible devices. for such a cost is risky to take


Yep. Also in the USA add 26.7% import tax and of that, you have 25% tariff from China and it is really, really, not worth the risk.

The ONLY compensation is I could take 25% off my gross income from the IRS and taxes on what I'm mining for this year 2019.

In that I'm NOT mining anything, even that does not work to offset the above, that would have to be from mining gross income. Sad

Even the G32-500 they want $3500 bucks with PSU and this is less 25% tariff and shipping costs.

If you wanted to gamble in the USA you could 'bet' that tariffs would be OFF by the time the unit actually shipped

but you'd also have to bet that BTC and especially Alt Coins like GRIN Coin had also bounced back from these low prices on top of the 25% tariff going away.

Also, in my experience since 2013, (see the other post by me, above, for more) pre-orders in the past EVEN THE LEGIT ONES on average are 2 months late.

Indeed, it could be Jan of 2020 by the time this beastie ended up on your door, even without the 25% tariff to the USA.

Sheesh.

Brad