User28823
Kraken
- Joined
- Aug 7, 2022
- Posts
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Might drop 11k on a hosted Iceriver KAS KS3M ASIC miner. Don't have to do anything, as the hosting company takes care of the hardware at their facility and all I do is pay a monthly hosting fee of $175.
Presumably if KASPA continues to do well, I would be earning about $109.72 per day but then you have to consider the fact that more miners will enter the mining pool and difficulty will increase, but as long as the price of KASPA increases I can continue making great profit.
The break even point would be 3.5 months at this rate, but that could be shorter or longer depending on the above.
That's all it takes with these ASICs... is to break even, then you're practically printing money out of thin air and can scale up to more.
Presumably if KASPA continues to do well, I would be earning about $109.72 per day but then you have to consider the fact that more miners will enter the mining pool and difficulty will increase, but as long as the price of KASPA increases I can continue making great profit.
The break even point would be 3.5 months at this rate, but that could be shorter or longer depending on the above.
That's all it takes with these ASICs... is to break even, then you're practically printing money out of thin air and can scale up to more.