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/biz/ - Business & Finance

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4440277 No.4440277 [Reply] [Original]

Alright /biz/ I got suckered into buying 2 asic rigs a while ago, and they finally arrived, I am out a dickload of money, but it wasn;t anything I wasn't prepared to lose. Anyways, I can't sell them, becuase they're about 50% below retail value, but, would it be better to use multipool and keep the coins I mine in hopes they 10x, or just use nicehash, and get a little back in bitcoin over time, electricity is not a factor. Thanks lads, and for your sake, don't fall for the mining meme.

>> No.4440524

p-pls reply

>> No.4440534
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4440534

>>4440277

>> No.4440562

>>4440277
Mining is awesome, try whattomine com

>> No.4440597
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4440597

>>4440562
Thanks anon, I'll check it out.

>> No.4440634

>>4440277
mine until 2020 or 21, sell and be happy

>> No.4440661

>>4440277
BCH looks most profitable atm. Mine that or LTC

>> No.4440662

>>4440634
I'm hoping that these tiny profits will, in the future, be worth some decent money.

>> No.4440681

>>4440661
I'd MUCH rather be mining with a scypt or sha256 asic, but I got mega JUSTed, and have 2 X11s.

>> No.4440686

>>4440277
>ah my new asics finally arrived
>take picture
>sell new asics online to anon
>box up old asics and ship to ???
>plug in new asics and start mining
>profit margin drops
>order new asics
>ah my new asics arrive
>ship old asics to anon
>sell new asics to ???

>> No.4440698

>>4440662
how much were the miners? Just wondering

>> No.4440702

>>4440686
Fucking Jihan Joo

>> No.4440710

>>4440698
I want to kill myself when I think about it, spent 1 BTC in total, .5 per miner shipping included.
If I had held bitcoin it would be worth nearly 2x what I spent.

>> No.4440755

>>4440681
shit. I guess just mine dash then. ~5 dollars a day right now per miner. hopefully it goes up for you over time. good luck

>> No.4440781

>>4440755
That's the plan.
Hopefully the crypto market goes 2-3x in the next couple of years, and makes this all worth while. OF course, if that happens, my other investments will far outprofit the mining.