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05-24-2021, 01:42 PM #1
- Join Date
- Aug 2016
- Posts
- 486
Finally! I have been trying to get members to open up more about their stock and crypto trades for a while! Good to see the sharing of info! The past 6 months have been crazy. I have never made so much money so easily... I feel like I have been working way to hard my entire life.
I wonder now since China is taking a lot of hash rate offline. Is it even a better time to invest in mining hardware here in the USA.. I been running the numbers before the crash and it appeared to be a good idea on paper to buy a mining rig.
See my analysis here
https://dailyfunder.com/showthread.p...l=1#post152754
and here
https://dailyfunder.com/showthread.p...l=1#post152815
And since doing that analysis I have been able to get the electricity cost down to about 3cent per KWH.. Which would be 1/4th the cost of what I factored when I did the numbers..
Perhaps this China crackdown will lower the price of mining hardware due to a large percentage of the hardware manufacturers customer base will perhaps be canceling their preorders. The manufacturers have already been working overtime to produce all the orders that were on the books.. You cant just stop a train on a dime.. So there may be a lot of mining hardware already in production that will have no immediate home when it comes off the assembly line.... perhaps creating a great buying opportunity due to the manufacturer wanting to move the abandoned inventory.Last edited by Winning; 05-24-2021 at 02:00 PM.
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