Here is a good and relatively accurate link to a site that tells you the profitability of asic miners. https://www.asicminervalue.com. A z9 mini is not going to make you 2 to 3k a year btw. More like a few hundred IF and only IF you don't pay anything for electricity.

Ziggy is correct IMO. Once this went mainstream and "professional users" starting getting involved it was time to grow up. But from what I see the industry didn't. To many of these "companies" are run by individuals who are immature, have some goofy ass idea about creating a new ...

I have a lot of respect for what Ziggy says. That stated, my tax guy does not agree with his interpretation however I guess I will soon find out as I did start a business so I could deduct expenses...and now...cough, cough...loses. Like others I have shut down my miners except for an L3 that keeps t...

when you turn down the freq does it lessen how much electricity they use?

Even with the 4% bump, (which I appreciate very much even if it is only for a week), its barely profitable to mine at this point. I am guessing that's the biggest reason.

I generally agree with what you say Steve. I am also looking forward to you getting away from just scrypt mining.

This is very interesting Steve, I am glad you took the time to type this all out. As a neophyte in this my observation seems to be that coins that are mined do better and are actually worth more than the ones that are not. Wouldn't it also be that once they can be mined that now others have an actua...

A sponsor at the smart capital conference?! If only I had known earlier I would have hopped in my Leer and headed over, but I have to shear my alpaca's that weekend...bummer dude

Well Netgear is pretty horrible too, odd how such otherwise successful companies fail at something so basic. Shame, I really like the simplicity of coinbase too. Guess I will switch it over to kraken but basically things like this, (money disappearing especially), that gets regulation involved and m...

Hey Ziggy,

where are you finding that info on the capital gains info? I was searching the IRS site and I couldn't find it.
Thanks
Chris