if it is down 15th that is 5% if this is true and we get 3 drops of 5% the next 3 dags 6gb miners will be very happy
this belong here and in sha-256 BTC mining section.
So I quoted and added it.
This era is reminding me of 2016-2017.
Everything was going up and it became easier to get gpus.
Not that I advocate gpu to shit coin to btc. But today right now I am pushed in that direction.
To me I am Always looking at:
debt
cash
coin
asics
gpus
diff
price
profit per algo.
I then juggle all of the above.
I would love to buy some bitmain gear,but 7 month lead time for gear is almost never good.
I could justify getting a unit from bitmain on the books for 2020.
For the following reasons
USA tax law allows me to have ending inventory subtracted from profits of selling gear.
I still sell a lot of gear and have been consistently do my returns to reflect my gear sales.
So ordering a s19pro from bitmain counts as ending inventory since I paid in 2020.
So it is essentially a 3500 tax deduction.
I can buy the btc from coinbase. So it is not btc out of pocket it is cash out of pocket.
It would mean a certain 1200 savings in tax for this year.
So it lower risk of buying a s19pro.
But I could also order 6x 3060ti units for Jan 15 delivery at the same cost.
same tax break and gear is on hand in under a month vs over six months.
I mention all this due to the past 2016-2017 time frame.
I will make a decision to buy a s19pro or 6 x. 3060tis this week.
To all buying a s19 pro may be okay if you report taxes. It can make your choice easier to do.