My Mining days are over..... All equipment is sold. TH/s = 0.0
Guy who bought it will probably put the stuff on kano too.
Been fun. Less work for me now...
I see we found another block and i didnt even have to do anything for it!
Sorry to hear Gopher, best of luck to you.
Wow. Same here. Hope you came out on top!
Here I am about to use my rewards to buy a 741, and you're callin' it quits... Weird.
about 2000 cnd on the positive side.
5 months, huge electrical bill, and only 1.138 bitcoin. This value at 11000 cnd (for the BTC) is included with the profit of 2000 cnd after if I sell it.
for most of the miners I paid the Pre Dec 19 price of 1530 USD plus PSU and shipping. So when all i said and done, my 2 to 2.5 month break even point was long lost since I am over 5 months now.
I traded a A3 for two S9's, so I paid for 5 S9's, 1 A3 that I traded for 2 S9's one of which I sold for 3700 cnd a couple months ago, the other I sold 1 week ago for 1400 cnd. I also had a L3 that i finally got shipped in march, and sold it within a week for 175 cnd less than I paid for it. 1 week later bitmain dropped the price of the L3 to 550USD. Good call on my part.
Now the S9i are for sale pretty cheap and no real long wait. I gave away a 350 USD coupon to someone here, but if I kept it, I could of got a S9i 14TH for 500USD, but the profitability I figured that even at that it would be over 1 month ROI, **IF** the equation was flat, ie no rate of decay on mining profitability. the rate will not be as bad as Dec-Feb, but it will still be there. As with bitcoin, its anyones guess.
If I sell my S9's at 1400 cnd, and my BTC income right now is 230 worth per month less about 90-100 for electricity is 140 per month. 1400/140 = 10 months IF bitcoin rate of return stayed flat, and value stays same.
10 month, will be totally different, especially if a new miner is released.
Even if BTC Value doubled, the 5 months return is still too long given the current state of mining difficulty.
So the easy way is sell equipment, buy the BTC and get to the same result later regardless of what time perspective you want to look at, and also enjoy the peace and quiet and not have to listen to them noise makers.
I am just glad that I didnt pay the high rates that some people did for S9's like 2200 USD and up. So if my outcome yeilds me 2000 cnd profit after 5 months and I paid 1535 USD for my miners, except one at 3400 USD ( the first one) I cannot see how that could come to a break even point any time soon.
So basically, it comes down to my personal time and how much I was making for the amount of time involved, setting up fans, cleaning them out, and all the other stuff It took to run them. Yes, it is very little, but to become consumed into it can become overwhelming. So if i was upside down on this equation more, then it would be worse.
The next time there is a hype of bitcoin, I will do things different, well, one of two things.......
Buy and resell equipment, not use it.
or...... just stay away from it all.
If you dont believe me.... why would a company that does mining ( Bitmain ) also sell equipment that makes the mining harder for themselves to do? Becuase they make more money selling equipment. They have too big of market share and can easily manipulate it by using bitcoin cash as a only payment type requirement, then that forces the price of it up when many people buy it, when its higher, they sell it.
Research litecoin cash, its sha256 algo that had questionable beginning. Why is it a sha 256 algo? to pull miners away from BTC and BCH to lower the difficulty?
In the stock market, these actions would be considered Insider Trading, and there are laws to protect people from that.
So I know I will get flak about this post, and thats ok, I know people will say that its a long term investment for mining. I agree, but it is too long, at least for me. What do you think is a reasonable amount of time?
Thanks, Sir Winder of the Side. 
