So, i’ve been GPU mining for a while now and it’s decent. But I’m trying to switch over to ASIC mining. Anyone have any recommendations on which/what miner I should look into?
I would start with a S19 unless you are really bullish on an altcoin.
bitcoin miners are probably the safest move. if you can try to get one of the higher end s19’s.
I would get the S19 pro 110T while it’s $7,700…if you believe the coin is going up I would buy now before it happens or you’ll pay double. I see so many people complaining about miner prices while the markets down wait until it’s back up you’ll pay double.
What do you mean $7700 is a good price on a miner that makes $2500 a year. All miners are overpriced. It is only guaranteed to run 1 year and miners last an average of 3-5 years. To me still overpriced! I totally disagree should be 5K in this bear market. Manufacturers still believe 3+ years is a good price don’t buy them and the price will come down.
It’s overpriced today if Bitcoin hits $80k next month you won’t touch that miner for $7,700 it’ll be $14,000. That being said as long as you have mining farms and resellers buying 5,000 plus units at a time the price will never change. If someone is buying one or two miners to get rich they are probably going in the wrong direction…they should watch the vosk video on the mining farms that probably buy miners 50 to 75 percent cheaper and pay less for power than the common folk losing money. I’m not being ugly but unless Bitcoin goes to $1000 dollars it’s probably not going to change. Side note if that happens I’m not worried about a miner I’m buying $100k Bitcoins
Thats why all the mining farms are losing money and going out of business now???
And if they survive this bear market they will reap the benefits to the tune of billions.Them losing money and us losing money is two different things. They aren’t making the profits their investors want. I personally and eating a power bill and sitting on coins.
Lol no there not only the ones that have no idea what they are doing. The major one are already jumping in to the hydro asic