What should you pay for an Asic miner?

Hello,
I am fairly new to the mining world and was wondering what is a reasonable and realistic price you should pay for a asic miners? From my basic understanding it should be based off of time it takes to make you money back in months.

Depends how many months. Around 1 year is the typical break even. Maybe less maybe more but that’s the range.

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Okay so is it just me or is everyone is trying to sell them for 24 month or more roi lately :upside_down_face:

Well are patient to wait for the manufacturer and chance missing out? Reseller are exactly that, resellers. They re sell miners for money. Now as the buyer you have to decide if that is worth it to you.

Everyone has different budget and parameters. You have to decide if it worth it for you. I have purchase from 3 rd party re sellers, Ebay, and manufacturers direct. I just consider it DCA lol. Some I pay high some I pay at retail. Sometime you really dont have a chance due to stock and so many people FOMO in.

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Asic prices have really increased since mid year due to supply issues so now you are looking at a much longer break even. You can usually get a better deal if you buy a futures batch depending on the coins you are trying to mine.

As supply chains recover and difficulty increases the profitability and miner prices will decrease.

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As I am gaining experience with mining, I would not really consider buying a miner with more than 12 month payback period.

The initial miners I bought were resold and I knew I was overpaying (from a business case perspective), but I wanted to see what I was getting into. I really am enjoying mining, so I decided to go for more. Since then, I have only paid MSRP for my miners, which have had a payback period of 8-12 months. This is still too high for what I’d ideally want (which is 3 months), but that does not seem realistic with where we are right now in the crypto cycle and other macro factors (e.g., sUpPlY cHaIn).

Buying at MSRP is not easy, but it can be done. You have to work for it, so be prepared to deal with those highs and lows. If that’s not your thing, you can either pay for the convenience of a reseller who is bringing more supply to market or enable a scalper’s cynical decision to add no value to the supply chain and just flip goods that they were lucky enough to get.

n.b., be careful when buying from resellers, but especially flippers. You have little protection there if something goes wrong. I got an LB-BOX direct from Goldshell and it will only mine for 90 min before locking up. I am going through the warranty process with them and all things considered it’s been a good experience so far. I can’t imagine what that would look like if I bought from a scalper who disavows any responsibility for anything.

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