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Topic: Too good to be true?! - page 2. (Read 384 times)

member
Activity: 405
Merit: 19
October 15, 2021, 02:13:49 PM
#2
Antminer E9 is a powerful ETH miner and yes with 30,000+$ you can get one, ASIC miner E9 is capable of 3000MH on ETH and that's  287$ per day if you use flexpool which is currently the most profitable pool but the problem is buying this ASIC and not getting scammed in the process, mind you mining profits just increased too due to surge in BTC and ETH so the 287$ won't be permanent
jr. member
Activity: 39
Merit: 1
October 15, 2021, 01:48:44 PM
#1
Hello, I have a question, I asked about this ASIC the Bitmain Antminer E9, a hell of an ASIC that costs about 30000$ (well if we find it) and I looked on the site whattomine the profits I can make with this machine and I saw for more than a week a figure that turns around 230$ of profit per day which is just HUGE !

and i did a little calculation 230 x 365 = 83950 !! 83950 (profit per year) - 30000 (price of the asic) = 53950

it's just monstrous in less than a year without counting the electricity (0.06€ per kWh) I'm in the profit in less than a year!! how to explain that?

Can someone please enlighten me, tell me if there are hidden costs that I don't take into account except for taxes, there are no additional things to take into account in there because it just seems huge

how do I justify this please?
   
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