Yeah....well...that is why in my case it was a 'hedge' on a price dump to 6k again and using 'dubious alts' that would have also dumped to get the equipment
so you could be correct...right now it is looking like a 'wash'...dubious alts to buy miners...expected payout in LTC (at an anticipated higher price) and thus
even steven....but it is 'knife-edge' right now EVEN on any profit over electricity vs coin output...that can change however..just covered what was paid as an outcome.
and again, this is based on 1) if there really is a 1.5gh Bitmain miner at 1300 watts, that will be opened at the end of Summer for sales pre-order for say Sept/Oct (even thou
Bitmain the 1.5gh in their data halls all summer...driving up the difficulty for LTC)
2) How many of these new units they will put in their data halls ..in that I also heard maybe some 'revolt' with electric companies charging more for data halls and also maybe space
3) How (2) above will affect difficulty...which will affect the 'end of life' on the L3+
The age old question...can I mine like 'heck' before the next wave of difficulty and new equipment hits....so far on my 12 L3+ units.
It looks pretty good for even-steven with electric on ROI but like anything else...guessing and it could go up or down in an instant ...with the old LTC price variable.
teetering, as it were...Chump or Champ...eventually we will know if my 'hedge' had any merit or not...Pump or Dump, Dope or Duke, Prince or Pauper...etc,etc