/biz/ - Business & Finance

Alright fags listen up I'm gonna talk shop. Skycoin released their new Skyminers on their website and they do monthly payments of 1/24th the cost of the Skyminer for 2 years. So lets run some costs if I take out a loan right now to buy it:
-$2000 for a Skyminer
-$100 electricity cost for 2 years
-$200 total in interest over 2 years (10% with good credit score)
-$0 setup (plug and play)
+$1000 savings on Internet payments over 2 years
+$2000 mining reward over 2 years (use USDT to prevent volatility)
-$120 Coinbase 6% fee for withdrawl
+$1000 salvage value
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PROFIT: +$1580 over 2 years

Looks like it checks out. I'm thinking of going to bank Tuesday and taking out a loan to do this. In 2 years I'll have a nice little vacation with champagne.