Geography aside, I saw your comment on the ASICs miner top, I just liked it, and I think the ASIC’s are better than the old GPU’s because they are so much faster. Also, even if they just run one algorithm, that algorithm can be used to mine various different coins if one becomes unprofitable. The way I looked at it, I threw $3,000 from my NEO profits into buying two D3 miners because the return on one year ($100,000 at the time, now down to $30,000 as the difficulty has gone up) seemed much better than what one BTC would do in a year. I also looked at it as like a secure hedge investment because I was new to altcoin trading and I was a little skeptical as to if I could continue to turn such profits. With all of the tools you have shared with B90X, now I’m sure I can continue to make profitable investments and trades, so thanks for that!
Anyway, that is why I think us cryptonauts should compile our tech knowledge and efforts to start MANUFACTURING ASIC miners. Tigerdirect does not sell ASIC chips last time I checked, but Alibaba sells them wholesale. However, I wouldn’t know what to do with the chips. You are the tech guy, I mean, I know you studied IT, but maybe I should get in touch with an electrical engineering friend of mine who introduced me to a few of the first bitcoin exchanges I used, to see if he is interested or know hows. Perhaps after my first two D3 mining rigs arrive in the next few months I can try to replicate them. I don’t really want to take them apart because it voids the warranty, but it would be cool to have a lot more of these mining rigs.
Can you share with me what kind of rigs you are using, and why? I mean, GPU’s are the old tech, so I’m really surprised to hear you on YouTube saying you have $50,000 worth of rigs up and mining now and that they are profitable. Props for that, though . I suggest stepping it up to ASICs ASAP, but like you say, maybe there is something I don’t know or understand, hehe.
Hope to hear from you good sir,
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