Quote from: xxcsu on December 13, 2020, 12:54:28 AM

Quote from: Marvell2 on December 12, 2020, 10:26:28 PM

Quote from: deadsix on December 12, 2020, 06:24:51 AM

Quote from: xxcsu on December 11, 2020, 11:39:30 PM

Quote from: Marvell2 on December 11, 2020, 09:49:16 PM

the real question is how much eth could you have bought over the months when eth was $100 to - $150 instead of running your asics and rigs ? $8000 could have bought 800 eth lets say 700 x 600 thats $420k lol and im not even factoring in shipping. All hes trying to tell you is u think u make money making what $15k but just buying eth at the lows would have crushed what u made buying those asics x20
asics and gpus are a hobby thing now , the time and effort setting up monitoring shipping etc isn’t worth the reward like back in 2016

OMG .. OMG Grin

I really feel sorry for this kind of guys ... they really have some very basic math issues ...

Shhh ... hes an anti-mining troll, who missed out on the mining boom bigtime, has major fomo, and now goes around trying to justify it on various mining threads/posts, so he can sleep better at night . Just ignore him.

lol im not anti mining , i already said i mine as a hoby , $8000 plush shipping electrical hookups storable space etc you probably over 12k all in ill re math this since you don’t get the point of the post its around 50k profit from waiting till it hit $600. thats still 5x more than you genius investment

no one cares if you mine have at it, but don’t pretend you’re doing better than people who just buy an hold , and now with the e3 you will have some expensive paperweights come january. Gpu miners tend to sell thier gear before they get obsolete but thats way harder for asic users since the secondary market is so small.

Forget to mention i sold all my E3's in September this year , kept only 3

and guess what ? after 2 years of usage i sold them over or around 800$ each , I paid 800$ for my E3's 2 years ago

thats sound like a "genius investment" Grin

for me

BTW , my GPU farm are way bigger than my asic farm ever was

So my real investment per 10x Antminer E3 is 13028$ what i paid for power over that 25 months i used them

When i got my E3's or we can say when i invested into E3's, the ETH price was over 400$ (2018 summer), then in that year August price started to fall , and by December the price was under 100$ ... The difficulty from 2018August till 2018 Christmas went from 3.5xxxx to 2.2xxxx . Lot of miners turned off they rig , bc the negative price change .. so miners who kept they rig running was able to earn more ETH

There is how much time (hours) need it in 2018 for my 10 E3 to mine 1 ETH : Clearly can see how the difficulty change affected the time , what need to mine 1 ETH with 10 Antminer E3 ... From here you can see how much ETH i mined in a month in the end of 2018.... this is for 10 Antminer E3 ...
In my first post i calculated my numbers with 170MH/s average hashrate/miner usually pool side reporting was over 170MH/s per miner ...

smart to sell in september, i feel for the poor bastards that bought your paperweights, they cost $900 or so with shipping im sure you didn’t get over $200 for them still a nice investment but i still would rather hold crpto than buy gear atm. To make it worse with yeild farming the profitablity from just holding and farming tokens crushes mining even more.