price increased
606 now
Notice the L3++, this one may produce sligthly more or be more effective.
No....no it doesn't. Just more Bitmain trickery and deception. They are desperate to clear the legacy Technology from their buildings. Their mining ops are moving to Canada and the US and they don't want to pack all that shit up. They also need room on their shelves for the newer technology units that they will screw us over on next. I can't wait until July or August when they announce the newer Scrypt and SHA256 units and all us guppies eat each other's tails begging and scrapping to get one or two units, while Bitmain sells 1000's behind our backs to large corporate mining businesses in back room deals. Same shit....different flies. When Bitmain opens their Mining here in Washington State, I hope some Eco-terrorists blow the place to Kingdom Come.
Well, my 'iffy' hedge on getting equip and funding (only way to do it .must show income) to a solo401k...by getting 12 more miners..again hedge..is still kinda hanging in there
as even (go LTC go)
However, in fairness, I/we/ whoever got these units, we need to have Bitmain start the data hall mining of new machines END OF SUMMER and then the usual us 'consumers'
would get them 2 months later ...say shipping in Oct 2018...
IF, they say have NEW units they can mine, beginning and say, MAY 2018, well this hedge probably did not work, without some major price action
we will see, it was a hedge for what I said above and paid with dubious alt coins...on an 8k to 6k dump in price for BTC (with alts following) thus if such a dump the alts
I paid for this would have tanked anyway...so used the alts and 'hedged' and spread around the risk
as usual, looks like I shoulda just kept the alts
FML
oh well, showing at least 12 miners of SOMETHING if I'm out of mining will keep the IRS and state tax folk happy anyway, the last thing I want them to think in these
times is that I got all this crypto by doing ...GASP... TRADING... shudder (you trader guys, they really, really, really are out to get you big time)
well...again, still 'teetering' on the tightrope of even-steven ...we will see...
But yeah, this whole 'miner' aspect of my crypto could be 'all done' by end of Summer 2018...at least the NON-bitmain type big data hall stuff with scrypt-pow...
right now my 2,300mh of 300mh KNC Titans at 1,250 watts are off-line, I'd need $200 buck LTC now to run them and break even at current difficulty
considering I got my first NEW one on November 8th, 2014...I really, really, can't be too upset about such..but hey, $225 LTC would be nice
anyway, as usual, and like most of you guys, just trying to 'wing it', we will see...
so anyway, on to the NEXT goal ...going into HODL mode after expenses, as long as I can mine, to get as much LTC as I can before the
April 2019 halving. That should keep me out of trouble till then. Also should consider 'attic mining' the $5k of crap in the attic on to eBay ..and buy
LTC and hold also....1) clean attic = rec room = $10k value increase on house at least 2) I get LTC w/o risk of getting mining equipment anymore, say in 2018.
stuff to do, always crypto drama and stuff to do
brad