Oh man, my L3+ is just half a month away and I'm hyped! I was contemplating actually selling it right away when I get it from double but it's not worth it when I can make ROI and 1.5 months. And personally I feel LTC is only gonna go up so whatever it mines it's only gonna go up in value.
Today I looked at my 4 L3's I got April 6th and my 4 L3+'s I got May 8th? ...both of these are in hand..at those dates..if I remember right...
The L3's ROI'd in 2 months (June) The L3+'s by about 100 bucks in LTC on or around July 4th...
Both will ROI with all electric/hosting/psu/etc FOR THE YEAR...so no other costs (located at colohub) ..I double checked with coin output for each miner
on the
www.litecoinpool.org miner page, (actual LTC mined per miner) and also the
www.litecoinpool.org/calc page also verifies this
WOW! 2 month ROI..who'd thunk it?
On the other hand...find myself needing asic equip to keep IRS at bay...they want my money..and not sure L3+'s (if they resume...don't resume...take
your time..paint the warehouses....send everyone on a nice August vacation...I have my miners...its all about me damn it )
oops I digress
but anyway not big, at the present time and suspected price, on bitmain machines that I order now (if I could) arriving sometime in the middle of October with what we expect in scrypt pow and LTC difficulty pump as the 'shocking new reality' then
anyway feast or famine asic machine wise it seems
for the newbies out there....THIS NEVER EVER HAPPENS so don't think we will be LIKELY to get a repeat (though at 75 to 100 buck LTC hmmmmmmmmmmm) get equip
in a prudent manner....just before I ordered I posted on bitcointalk 6 buck floor for LTC (from 4.15) and was doing it for the 25% equip depreciation off my taxes on
mining this year to IRS and a 12-15 month ROI ....sometimes being dumb and lucky is the only way to go...I surely was not smart enough to count on LTC pumping.
anyway....so far the surfing is great till the wave I'm on hits the difficulty beach here in July.....damn that is gonna hurt!!!
on the other hand...perhaps..just perhaps...I shoulda saved the like Paid Out 12490.662295630000 LTC from
www.litecoinpool.org it shows me from accounts that at todays LTC rate of $37.70 is $470,897.97 usd...ouch.......ouch....ouch......this is all the hash I've made accumulating LTC since Nov 8th 2014 with my first knc Titan.
Newbies expect further weird times in cryptoland
All sorts of missed 'boats' await you!
Your posts about Bitmain scared me off initially and looks like you ended up buying some yourself. I only ended up with one Hashnest miner at $1,800USD as I was nervous after reading your posts. I was planning on getting 5.
Reading your post here again I am almost nervous about buying the September machines, but I think I will just make the jump and do it.