Does anyone know of any ASIC miners that can actually be purchased right now with a return on investment of around a year or less?
These third party sellers jack the prices up enough to make it hard to justify an already risky play. Looking for some options with 14 months ore less.
Depending on your electrical rate it’s under a year and what u pay for the asic right now at market price and at my electrical rate of just under .08 most new asic will roi in under 15 months used asic will roi in a year so your electrical rate means a lot on your roi time too
Yeah, I’m trying to figure if a KD6 is the way to go. If I preorder from a vendor I found it’s 50K with an estimated delivery date of the end of April to the end of June. If there is anything else out there with a somewhat similar ROI but costs less I would rather buy a few units of those or maybe mix it up.
I doubt the turnaround time on fixing a broken unit is quick.
Nope no kd6 I’m not a fan of it at this point in my opinion it’s to risky for that price tag but with my electrical rate I can run older asic which is what I’m doing for now I’m on hunt for good priced us base m30++ for one of my new asic and some used m20 to add to my collection of asic
I think Big Sky ASICS has a decreed miner less than 6k that on his site says it has one of the best roi
I have bought from him, he’s legit, name is Aaron
Let’s pretend you buy a used one for $8k (Bitmain lists them new at $9460, before taxes, duties, shipping). Let’s also pretend that your electricity costs are $0/kWh. Per www.whattomine.com with $0 electricity costs, the S19j 110 is yielding ~$23/day as I’m writing this. At $8k and $23/day, breakeven is just under a year at 348 days. Not bad, but not <9 months.
But now let’s say you have to pay $0.10/kWh for power. Then daily net yield is $14.57/day again as I type this. At $8k assumed cost, breakeven is more like 549 days. At $14.57/day and to achieve 9 months breakeven, then you’d have to pay no more than ~$4k for the rig.
I’ll concede that whattomine.com appears to be overstating power usage for the S19j 110 by ~7.5%. They show on the web site the 110 as using 3500W but Bitmain shows specs as 3250W. But point above remains the same, i.e. no chance breakeven is <9 months in a real world scenario.
And once the S19 XP’s and S19 Pro + Hyd start hashing, daily yield on the legacy S19’s will drop.
Thank you for the through information. Any comments on the Bitmain Antminer L7 (9.5Gh) and iBeLink BM-K1 or do you have any recommendations for AISC altcoin miners (non-ETH).
ROI calcs and what they frequently do not include…
Sure you can use what-to-mine to find rates, calculate etc, but what that does not include is the raising hashrate as more and more miners with better efficiencies and higher hashing power get bought, and that causes difficulty increases, and that diminishes your returns. Put that in perspective, for BTC last year this time the rewards are about double for the same Th as this year.
So factor that in. Also can you get a long contract on your power costs? Because inflation on most everything is getting out of hand.
And then there is the stability of the currency you are mining…