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In truth i dont think mining is ever particularly attractive at the time, but say we see that 1 trillion+ MC by end of 2019, and a $1,000 LTC, 1.5 coins p/month aint so bad!
True, and that's exactly what i was thinking, what is making me worry is that why did the price of the mining drop so much? and will there be another mining devices better and cheaper than the one i got, but in the end if i get it now i will be getting my money back faster so
The profitability of such equipment is reduced after the introduction of each batch. Antminer L3 has been released for a long time. Therefore, I do not see any prospects in purchasing such equipment. I recommend you wait for the release of new equipment. A good income, you get only the first few weeks after release. The rest of the work is just a bonus.
I recently made a large amount of profits in cryptocurrency, and with that money that I made I was thinking of buying the L3+ antminer (about 15) to mine LTC. In this thread people are saying about buying the miners with USD and in my case its with crypto which I profited so I am not loosing a lot (I will gain the initial investment within a few months depending on the price of LTC), and about electricity, its cheap in my place, I am looking for peoples opinion in my case.
Also the miners are cheap at around 880USD which is a decent amount. I dont know for how long it will stay this price.
Thanks
z1.