My mining Operation
Couple of years back I helped friends to set up a huge mining operation in Asia. My friend run up to 750 Asics miner at the time and I was in charge of managing that operation. We did source the miners from china which had 1TH to 1.42 TH speed. It was basically plug and play but we stopped the operation as BTC price fell too much and we did not expect BTC to go to 1400 USD that fast... Anyway, I fired up some of the old ASICS I still had in storage (my friend in Thailand has free power) and now these machines earn 150 USD per month
Miners reactivated
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Why everybody should mine
There is some good reasons to mine BTC or other cryptos for everybody. The more people are mining (even with tiny amounts) the more de-centralized the mining gets (if everybody in the world had a small miner) mining power for BTC would shift from pure Chinese dominance over to a better ratio.
If you are considering one of these 12.14 TH BTC miners and are worrying about ROI, don't worry about ROI. BTC prices will go up (I expect 10K at the end of 2018/ Q1 2019), and the machine will ROI eventually or you can sell your ASICS miner with a profit after 3 month. I have seen 2.5x prices for T9 Bitmain machines which are 3 month old. Of course you could buy BTC at ATH, but it just feels bad to buy BTC at these high prices doesn't it? Better start mining and even if you only earn 200USD with that miner per month, that will be worth 400 USD in no-time
Do you think BTC will hit 10K within 24 month ???
I am blogging about the following topics :
I travel the world (Travel and Restaurant Blog)
Exposed (Uncovering Stories you need to know)
Lifehacks (How to save money,etc)
SPOTTED (Limited Edition Food, Drinks, Gadgets)
Steemperlen (German Version, Series Ended)
SQUEEZE (Interview Series)
COOKED (10 Episodes Cooking Series)
Working anytime, anywhere (New series for freelancers)
Frequent Traveller (New series about Travel Hacks and FFPs)
HEAVEN (NEW Luxury Travel Magazine)
FARM
German Sausages
GADGET
I travel the world (Travel and Restaurant Blog)
Exposed (Uncovering Stories you need to know)
Lifehacks (How to save money,etc)
SPOTTED (Limited Edition Food, Drinks, Gadgets)
Steemperlen (German Version, Series Ended)
SQUEEZE (Interview Series)
COOKED (10 Episodes Cooking Series)
Working anytime, anywhere (New series for freelancers)
Frequent Traveller (New series about Travel Hacks and FFPs)
HEAVEN (NEW Luxury Travel Magazine)
FARM
German Sausages
GADGET
ABOUT ME: Some insides into my Steemit life