As a noob… just read an article from a wall street firm talking about miner profit blah blah… the part I care about… they refer to the s19 as the standard benchmark for miners… so rather than look at the 50 options of asics does One just buy an s19 and then save up and do it again? I’m thinking to supplement a gpu rig and a few l3+ etc that’s the strategy … a gpu rig, some scrypt, some btc and autopilot that for a few years… am I over simplifying it, or am I in the right area here? Thoughts? Feelings? Comments not about being scammed preferably lol
Btc miners will always be in demand. Sad part about recent event is that people now tend to chase dollars and only focus on how fast they can recoup their investments, constantly thinking in terms of dollars.
Btc mining may be boring like you marriage (please don’t attack me, i’m happy with my wife), but it will never betray you and commit infidelity unless you bought youself a broken miner if you know what i mean
Most of the biggest mining farms are using S19s for a reason.
If you get one for a decent price, it can be paid off in under 18bmonths. When the market goes back up that’s closer to a year. If you overclock it, you are break even under a year.
I’m trying to add equal parts S19s and KDA miners as fast as I can this year.
S19’s are definitely good machines.
Are they the best value right now? I dont know.
But if you think about reliability and resale value, i think it begins to make a lot of sense.
I just think it’s easy to try and buy anything and everything so you need to assess why you’re mining… I think a btc and doge/ltc asic coupled with a flexible rig make sense to get into the game, build exposure while having resale value and liquidity of coins mined… I think it makes sense for me to build doge/ ltc, mine some btc and mine and convert some coins to btc via gpu rig…flexible to mine whatever coins if you get a hankering for something… just means I need to stop buying mini doge etc…
If L7s become readily available I definitely want to add one.
By the time it becomes readily available the price may go up unless the price of ltc drops like a waterfall
Have you heard the rumor that bitmain is mining with the L7s and that is why the delay is happening?
It wouldn’t surprise me non!
I heard it, and it’s really no surprise. I’ve heard they’ve been doing this with their past miners too. Not sure for how long though lol
I wonder if they do it long enough to pay for the price to build the machine “at their cost” them manufacturing cost are basically non!
The company probably makes more than some of the big tech companies here in america. we just don’t know how much because they live in a different world
Those L7s and S19s would make a great addition to my humble mining operation for sure. I’m wondering if Goldshell will ever start making some BTC miners? Would be nice to see Bitmain & Goldshell compete with each other - hopefully we would all benefit with the prices and product availability as they battle for the BTC niche in the marketplace. Honestly I am surprised that a U.S. company hasn’t started manufacturing ASICs. Hopefully its just a matter of time.
Intel is supposedly coming into the BTC asics game soon, its on some news site as we speak…
Bitmain and Goldshell is like comparing Costco and your local supermarket. Even though bitmain machines are expensive compared to other brands, their efficiency is so good that it’s really hard for smaller companies to compete with them. If Goldshell continues to sell their miners the way they are selling, then maybe they can hire some talented people and scale their business bigger to a point where they may become a threat to bitmain
Dod you see Bitmains Twitter about their liquid cooled 198THs asic!
Since Bitmain is the bigger outlet/ manufacturer, why does their product availability lag so much behind Goldshell? I see Goldshell sells out quickly but has frequent restocks. Whenever I visit the Bitmain website, almost everything is sold out or available only for pre-order months and months out. Does Bitmain cater mostly to large companies making million dollar orders? Why are their ASICs so difficult to get from the factory? From the specs on their website they look to make some great stuff - just wish I could get my hands on some of it! LOL!
Have you read about Block considering doing so? (formerly Square) “The project is being incubated within Block’s hardware team, which is beginning to build out a core engineering team of system, ASIC, and software designers led by Afshin Rezayee” https://www.cnbc.com/2022/01/13/block-formerly-square-is-building-a-system-for-bitcoin-miners.html
Thank you for that read, very interesting I’ll keep this in my mind as an investment opportunity for a share holder as well!
BItmain targets big companies and sells them in huge quantities. Only reason goldshell sells out quickly is because of all the hype behind kda. I remember even just couple months back, there were plenty of brand new kd5 for around $10,000-$12,000. Fortunately, that hype is starting to die out with this market correction. Other than their KDA miner, all other miners are not very popular. Imagine if bitmain came out with their version of KDA miner…