Hey guys! I have been mining Aleo since the past week at https://aleo.zionodes.com/, and they have been dispursing about 8-13 credits per day (for 10,000 c/s). By the end of my contract, I should have over 320 credits (roughly) which would be converted at a 5:1 ratio to the coin. So, I should end up with about 60-65 coins by the mainnet launch. While I think the upside is massive, how much do you guys think each coin would be worth. As per current forecast, It is expected that each coin would be worth at least $40, to about $60. If you guys already have researched on Aleo like I have, how far do you think the project would go? FYI: They have raised around $290M from investors already.
I keep hearing that ASIC prices have dropped as a result of the current bear market. Is now the time to invest in a miner?
If the prices are down due to the Bear market, for others who have been looking for ways to get their own equipment because they have assessed their situation and know that they can accommodate it (Power & Space), now is a great time, because the prices will go up just as bitcoins go up.
I don't have cheap electricity or any provisions to accommodate miners,
It would have been nice if you properly explained your situation and challenges so we can understand you when you say you do not have any provision to accomodate miners.
I don't have cheap electricity or storage, which is why I am looking for hosted mining solutions.
Hello there! Due to the correlation between ASICs and Bitcoin movement, the price of miners has dropped significantly in recent months. A bear market is the best time to buy miners at the lowest possible price. Our marketplace (https://marketplace.zionodes.com/marketplace/) provides hosted mining solutions with a minimum order quantity of one. If you are satisfied, you can later use our trading desk (https://trade.zionodes.com/en/marketplace) to place bulk orders from a variety of industry-leading miners.
I see. Thank you
Post
Topic
BoardMining
Topic OP
Purchase of ASICs in the Current Market
by
fomoinvestor
on 09/10/2022, 07:33:31 UTC
I keep hearing that ASIC prices have dropped as a result of the current bear market. Is now the time to invest in a miner? I don't have cheap electricity or any provisions to accommodate miners, so I'll look into hosted mining solutions.