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Topic: Which ASIC to be profitable?! (Read 174 times)

member
Activity: 223
Merit: 13
October 06, 2021, 12:27:10 PM
#15
From the new ones,especially now in November the Antminer L7 with 9500 Mhsh of processing power for mining Litecoin is making right now a net 124 USD daily after removing the electricity price.I cannot find a better making money machine ASIC at this price than this one which will go live in November 2021 just one month from now.I of course do not know who the difficulty and price of Scrypt coins (Litecoin,Dogecoin etc) which this machine can mine will go but things are looking very good at the moment.Again no one can predict the future but for the moment this is for me the best machine yet.I say this based on price as the E9 makes like 200 USD daily but it cost 25.000 USD which is a lot of money and if ETH goes PoS you are stuck.These two are the best machines right now,personally if I had the money I would go for Antminer L7 as it has a better price.

That's an incredible $200 per day for $25,000 invested, 365x 3 = $1095

200 x 1095 = 219000$, so if the etherum stays stable enough the ASIC can really make money.

You don't know its lifetime ? To the e3

If you are new and not a fake account you don’t understand the game.

First no on has the L7 in stock.
Second we are at a high tide point maybe not the highest tide but fairly high.

So paying 12-15k usd for a piece of gear that may take 60 days to arrive is risky.

Look for a few used L3+ you can get right now.

they are old but they are cheaper. get your feet wet a bit before you drop big money on the L7

I have 11 L3+ and I am waiting on my L7 to come around nov 30.

the 11 L3+ earn 21 usd worth of Ltc and 60 usd worth of doge a day about 80 usd a day right now.


okay but I was talking about the E9, I have enough to invest in it so I might as well take it and look at whattomine.com "Revenue 24h Profit 24h Top Coins Profit
 Bitmain Antminer E9 2021 3.00 Gh/s 2600W Ethash $226.58 $220.34"

the profit is just huge so my calculation above is right I guess?
Pls try to consider doing good calculations before buying, remember that ETH might go 2.0 soon? If that happens your ROI will be longer than expected if you switch to Ethereum Classic, even Ergo and Ravencoin are more profitable to mine that Ethereum Classic, it's why I just prefer GPUs over ASIC miners
jr. member
Activity: 39
Merit: 1
October 06, 2021, 11:06:42 AM
#14
From the new ones,especially now in November the Antminer L7 with 9500 Mhsh of processing power for mining Litecoin is making right now a net 124 USD daily after removing the electricity price.I cannot find a better making money machine ASIC at this price than this one which will go live in November 2021 just one month from now.I of course do not know who the difficulty and price of Scrypt coins (Litecoin,Dogecoin etc) which this machine can mine will go but things are looking very good at the moment.Again no one can predict the future but for the moment this is for me the best machine yet.I say this based on price as the E9 makes like 200 USD daily but it cost 25.000 USD which is a lot of money and if ETH goes PoS you are stuck.These two are the best machines right now,personally if I had the money I would go for Antminer L7 as it has a better price.

That's an incredible $200 per day for $25,000 invested, 365x 3 = $1095

200 x 1095 = 219000$, so if the etherum stays stable enough the ASIC can really make money.

You don't know its lifetime ? To the e3

If you are new and not a fake account you don’t understand the game.

First no on has the L7 in stock.
Second we are at a high tide point maybe not the highest tide but fairly high.

So paying 12-15k usd for a piece of gear that may take 60 days to arrive is risky.

Look for a few used L3+ you can get right now.

they are old but they are cheaper. get your feet wet a bit before you drop big money on the L7

I have 11 L3+ and I am waiting on my L7 to come around nov 30.

the 11 L3+ earn 21 usd worth of Ltc and 60 usd worth of doge a day about 80 usd a day right now.


okay but I was talking about the E9, I have enough to invest in it so I might as well take it and look at whattomine.com "Revenue 24h Profit 24h Top Coins Profit
 Bitmain Antminer E9 2021 3.00 Gh/s 2600W Ethash $226.58 $220.34"

the profit is just huge so my calculation above is right I guess?
hero member
Activity: 711
Merit: 500
October 05, 2021, 05:57:13 PM
#13
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already
How do you immediately have free electricity in mind? Also, we are not all thieves, so let's steal someone else's electricity, especially not so huge quantities.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
October 05, 2021, 05:27:41 PM
#12
From the new ones,especially now in November the Antminer L7 with 9500 Mhsh of processing power for mining Litecoin is making right now a net 124 USD daily after removing the electricity price.I cannot find a better making money machine ASIC at this price than this one which will go live in November 2021 just one month from now.I of course do not know who the difficulty and price of Scrypt coins (Litecoin,Dogecoin etc) which this machine can mine will go but things are looking very good at the moment.Again no one can predict the future but for the moment this is for me the best machine yet.I say this based on price as the E9 makes like 200 USD daily but it cost 25.000 USD which is a lot of money and if ETH goes PoS you are stuck.These two are the best machines right now,personally if I had the money I would go for Antminer L7 as it has a better price.

That's an incredible $200 per day for $25,000 invested, 365x 3 = $1095

200 x 1095 = 219000$, so if the etherum stays stable enough the ASIC can really make money.

You don't know its lifetime ? To the e3

If you are new and not a fake account you don’t understand the game.

First no on has the L7 in stock.
Second we are at a high tide point maybe not the highest tide but fairly high.

So paying 12-15k usd for a piece of gear that may take 60 days to arrive is risky.

Look for a few used L3+ you can get right now.

they are old but they are cheaper. get your feet wet a bit before you drop big money on the L7

I have 11 L3+ and I am waiting on my L7 to come around nov 30.

the 11 L3+ earn 21 usd worth of Ltc and 60 usd worth of doge a day about 80 usd a day right now.
jr. member
Activity: 39
Merit: 1
October 05, 2021, 05:17:35 PM
#11
From the new ones,especially now in November the Antminer L7 with 9500 Mhsh of processing power for mining Litecoin is making right now a net 124 USD daily after removing the electricity price.I cannot find a better making money machine ASIC at this price than this one which will go live in November 2021 just one month from now.I of course do not know who the difficulty and price of Scrypt coins (Litecoin,Dogecoin etc) which this machine can mine will go but things are looking very good at the moment.Again no one can predict the future but for the moment this is for me the best machine yet.I say this based on price as the E9 makes like 200 USD daily but it cost 25.000 USD which is a lot of money and if ETH goes PoS you are stuck.These two are the best machines right now,personally if I had the money I would go for Antminer L7 as it has a better price.

That's an incredible $200 per day for $25,000 invested, 365x 3 = $1095

200 x 1095 = 219000$, so if the etherum stays stable enough the ASIC can really make money.

You don't know its lifetime ? To the e3
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
October 04, 2021, 02:41:02 PM
#10
From the new ones,especially now in November the Antminer L7 with 9500 Mhsh of processing power for mining Litecoin is making right now a net 124 USD daily after removing the electricity price.I cannot find a better making money machine ASIC at this price than this one which will go live in November 2021 just one month from now.I of course do not know who the difficulty and price of Scrypt coins (Litecoin,Dogecoin etc) which this machine can mine will go but things are looking very good at the moment.Again no one can predict the future but for the moment this is for me the best machine yet.I say this based on price as the E9 makes like 200 USD daily but it cost 25.000 USD which is a lot of money and if ETH goes PoS you are stuck.These two are the best machines right now,personally if I had the money I would go for Antminer L7 as it has a better price.
jr. member
Activity: 39
Merit: 1
October 04, 2021, 02:03:24 PM
#9
No ASIC is profitable in short term. ASIC´s are always for long term mining.

I know I misspoke, I just wanted to say which ASIC is the most profitable (brings the most profit per day) no matter its base price

No ASIC is profitable in short term. ASIC´s are always for long term mining.
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already

It is clear that it depends on the ASIC price, and now give me an example for an ASIC that is profitable in short term!

Antminer L7 for 12000$? Not really, Bitmain S19 fo 9500$? Not really, Bitmain E9 for 25000$? Not really. So in the end no ASIC is profitable in short term at the moment!!!

There are no free electricity for no one, because someone must pay the price and if use solar energy -> the solar panels are not for free!!! And by the way the OP has no free electricity, so why you talking about this?
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already
It is clear that it depends on the ASIC price, and now give me an example for an ASIC that is profitable in short term!

Antminer L7 for 12000$? Not really, Bitmain S19 fo 9500$? Not really, Bitmain E9 for 25000$? Not really. So in the end no ASIC is profitable in short term at the moment!!!

There are no free electricity for no one, because someone must pay the price and if use solar energy -> the solar panels are not for free!!! And by the way the OP has no free electricity, so why you talking about this?
Hi, someone in my country is offering me innosilicon T2 ASIC miner for 750$ each, this person is a very trusty personal from China and I've got some graphic cards through him before, this T2 can do 17TH on bitcoin mining but power consumption is 1500+ watt which turned me off, just want you to know that some ASICS are cheap and good for those that have free electricity
It doesn't make sense talking about this because Original post never mention free electricity, also the ASIC miners are used and living in China presently with one of those is dangerous, selling them off very quickly is the only way to stay out of trouble I guess that's why it's so cheap, till date there are still high demands on used GPUs from China if any still remains but not ASICs

I don't have free electricity but at a very low price, 0,06€ (0.07$) per kWh in France, so what do you propose to me?

I can buy any ASIC, I want the most profitable and the one that lasts the longest.
member
Activity: 405
Merit: 19
October 04, 2021, 04:45:12 AM
#8
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already
It is clear that it depends on the ASIC price, and now give me an example for an ASIC that is profitable in short term!

Antminer L7 for 12000$? Not really, Bitmain S19 fo 9500$? Not really, Bitmain E9 for 25000$? Not really. So in the end no ASIC is profitable in short term at the moment!!!

There are no free electricity for no one, because someone must pay the price and if use solar energy -> the solar panels are not for free!!! And by the way the OP has no free electricity, so why you talking about this?
Hi, someone in my country is offering me innosilicon T2 ASIC miner for 750$ each, this person is a very trusty personal from China and I've got some graphic cards through him before, this T2 can do 17TH on bitcoin mining but power consumption is 1500+ watt which turned me off, just want you to know that some ASICS are cheap and good for those that have free electricity
It doesn't make sense talking about this because Original post never mention free electricity, also the ASIC miners are used and living in China presently with one of those is dangerous, selling them off very quickly is the only way to stay out of trouble I guess that's why it's so cheap, till date there are still high demands on used GPUs from China if any still remains but not ASICs
member
Activity: 369
Merit: 16
$CYBERCASH METAVERSE
October 04, 2021, 04:41:08 AM
#7
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already
It is clear that it depends on the ASIC price, and now give me an example for an ASIC that is profitable in short term!

Antminer L7 for 12000$? Not really, Bitmain S19 fo 9500$? Not really, Bitmain E9 for 25000$? Not really. So in the end no ASIC is profitable in short term at the moment!!!

There are no free electricity for no one, because someone must pay the price and if use solar energy -> the solar panels are not for free!!! And by the way the OP has no free electricity, so why you talking about this?
Hi, someone in my country is offering me innosilicon T2 ASIC miner for 750$ each, this person is a very trusty personal from China and I've got some graphic cards through him before, this T2 can do 17TH on bitcoin mining but power consumption is 1500+ watt which turned me off, just want you to know that some ASICS are cheap and good for those that have free electricity
member
Activity: 1558
Merit: 69
October 04, 2021, 04:07:33 AM
#6
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already

It is clear that it depends on the ASIC price, and now give me an example for an ASIC that is profitable in short term!

Antminer L7 for 12000$? Not really, Bitmain S19 fo 9500$? Not really, Bitmain E9 for 25000$? Not really. So in the end no ASIC is profitable in short term at the moment!!!

There are no free electricity for no one, because someone must pay the price and if use solar energy -> the solar panels are not for free!!! And by the way the OP has no free electricity, so why you talking about this?
member
Activity: 448
Merit: 18
October 04, 2021, 04:01:55 AM
#5
No ASIC is profitable in short term. ASIC´s are always for long term mining.
You are wrong it depends on the price for the ASIC miner, if OP has free electricity he can just buy old ASIC miners, old ASIC eats lots of electricity but they are lot cheaper than building a mining rig full of graphic cards, the power consumption side is why I don't buy already
member
Activity: 1558
Merit: 69
October 04, 2021, 03:08:31 AM
#4
No ASIC is profitable in short term. ASIC´s are always for long term mining.
hero member
Activity: 1498
Merit: 597
October 04, 2021, 03:05:18 AM
#3
You can also find some useful information here :
https://bitcointalksearch.org/topic/m.56384963
full member
Activity: 1275
Merit: 141
October 03, 2021, 05:56:16 PM
#2
whattomine.com
jr. member
Activity: 39
Merit: 1
October 03, 2021, 11:20:55 AM
#1
Hello,

- Do you know where I could simulate my earnings if I take an asic, a site that takes into account the cost of electricity and the current remuneration of the cryptocurrency.

- Is it that an ASIC becomes "obsolete", less powerful thus less profitable from a certain time? If yes, how I can remedy this problem to be profitable a maximum

- Which ASIC would you advise me to buy to be really profitable in a very short time and that it lasts ?

if there is no specific thing more profitable, suggest what you think is better.

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