So I came across this blog post on OneMiners' website --snip-- Not trying to shill or anything, but I figured it might be interesting for anyone looking into mining altcoins right now. Check it out here : oneminers dot com slash blogs slash news slashwhy-is-dogecoin-crypto-mining-so-profitable-right-now --snip--
This miner definitely looks like one of the better options right now. With low power consumption and strong projected earnings, it seems like a smart play especially for those looking to get into Aleo early. Oneminers has it at a competitive price and if the numbers hold up this could be a solid investment. Might be time to crunch some numbers and make a move!
--snip-- But only in bitmain in other sellers like oneminers dot com they may have already 10% booked and paid so they already have price 11K. The question is yes. They might rise the price to match Bitmain's but there are other sellers who also booked capacity of production like another 10% or together 90% of production and they all are competing between each other with prices. So it is like that. The pricing of ASIC miners is quite a elaborate thing respecting demand and supply like everywhere. And it is not like one producer and one seller. But the model: One producer and N sellers where producer do not sell (only on higher price).
I see the AEBOX PRO as a solid way to generate passive income in crypto. The numbers look good especially if electricity costs are low. What i find most interesting is the ability to mine ALE0 and instantly convert it to bitcoin using platforms like oneminers. This could be a great way to accumulate btc over time while still profiting from mining. I'm seriously considering adding this to my setup!
Note: 1. I intentionally broke the URL in order to avoid giving any SEO bump. 2. Some posts are snipped, since it was long.