Also as I type the ETH hash rate is up to 355th which is an all time high.
ETH is paying 7.5 cents an mh so 2600 x 7.5 = $195 a day while burning 80kwatts daily at 20 cents that is 16 USD.
So 195-16 = 179 a day we are 200 days out maybe 210 days out and this is a brick.
210 x 179 = 37,590 usd
if it takes 60 days to get this and the hash rate climbs you can be underwater on this.
If you get it fast under 10 days it very likely will make money.
Are they going to make 1000 of them 1000 x 2.6 gh is 2.6 th or a very a small net work jump of 355 to 357.6
but if they make 10,000 of them
and innosilicon makes 10,000 of theirs we are at 26th + 9 th or 35th
and don't think bitmain does not have something on the side say 30th of gear.
now we add 26+9+30 = 65th moving network to 420th in 60 days.
Be careful if you buy this.
ETH is paying 7.5 cents an mh so 2600 x 7.5 = $195 a day while burning 80kwatts daily at 20 cents that is 16 USD.
So 195-16 = 179 a day we are 200 days out maybe 210 days out and this is a brick.
210 x 179 = 37,590 usd
if it takes 60 days to get this and the hash rate climbs you can be underwater on this.
If you get it fast under 10 days it very likely will make money.
Are they going to make 1000 of them 1000 x 2.6 gh is 2.6 th or a very a small net work jump of 355 to 357.6
but if they make 10,000 of them
and innosilicon makes 10,000 of theirs we are at 26th + 9 th or 35th
and don't think bitmain does not have something on the side say 30th of gear.
now we add 26+9+30 = 65th moving network to 420th in 60 days.
Be careful if you buy this.
Great analysis! So my question to you.. is.. if these ASICS are so profitable. Why don't they just build them and mine for themselves? why bother selling them at all? Didn't they just build a money making machine??
If I were them I would be mining with them now.
Dip them in cleaning solutions and sell them as new slowly but surely.
very easy to do that above.
Next the money from the sales I would build some 6.6gb for my business.
So in the next 60 to 90 days all that I have would be sold to buyers.
I would then have all new 6.6 gb for myself.
