Post
Topic
Board Mining (Altcoins)
Re: Too good to be true?!
by
wahid.92000
on 20/10/2021, 16:17:21 UTC
I understand that, but if I find a physical person from whom to buy it in this case there will be no delay
What makes you think that that physical person would be willing to sell you the same miner at the same price, even with such "insane" daily profits that they could make themselves?

Obviously, but they time they decide to sell it to you, it won't be that profitable anymore.

no not at all I understood the risks linked to ASIC, ether, etc

I'm just asking a simple question, I know it's not that simple and about E9 if the mining profits stay like this or even decrease it will still be huge and yes E9 mining can make you rich (for those who can afford it) ^^
Look, I don't think anyone is trying to discourage you here. Most members are trying to advise you based on what they have seen in the past. They are simply trying to make you look at the bigger picture so that you are prepared in case things don't go as you expected.

yes probably someone who would sell it more expensive but I'm sure it exists


yes I understand that, but the problem is that these "advices" are only based on assumptions (just like me), I only get answers like "the PoW, PoS" "if the profits go down you do what" "the hashrate will increase...."

Bitmain is very famous for mining with their ASICS for a few months and then later on selling it to their customers. Many people observed this when they would dust inside their miner which Bitmain claimed was simply “dust” season in the factory it was built.

Right now their issue is with the China crackdown. So most likely it will be a while until you will be able to order one and mine with it.  Most likely by the time you pay and the time you receive it, the difficulty will grow a large bunch. Buy it if you wish but just know the risks.

I understand that, but if I find a physical person from whom to buy it in this case there will be no delay

You are absolutely blinded by the numbers. If mining so easy as you mentioned, so why we are go to work every day. Only multiply some numbers from internet and yes we are all rich  Cheesy
Search an E9 Miner and we all get rich?  Roll Eyes I offered you an service for your mining journey, but all what you want is get rich in days with no work.

He ask the same question for weeks now here, every time the same, he learned no new stuff and just want to get rich quickly.


no not at all I understood the risks linked to ASIC, ether, etc

I'm just asking a simple question, I know it's not that simple and about E9 if the mining profits stay like this or even decrease it will still be huge and yes E9 mining can make you rich (for those who can afford it) ^^
You think like a beginner. Even if your calculations are correct, then you have not taken into account one very important point.
When these ASICs begin to be sold on the market, the network hashrate will grow dramatically and the profit will decrease for all miners.
If the price of the coin decreases, then your payback period can greatly increase.

of course if I understand that ... what I mean is that the profits are huge and even if there is a drop of say 50%, the profits are still huge !

I don't know much about mining, I'm a "beginner" as you say but it seems impossible to me that in less than 2 years the profits drop by 50% on an ASIC...

after if I'm wrong tell me ^^