vaping is another topic.

Hmmm. I wonder if that is the reason Chase is closing credit card accounts used in crypto.

https://blockoperations.com/cryptocurrency-miners-should-not-bank-with-chase/

Reminds me of PayPals reaction after we got ripped off by Kevin on Predator.

Looks like this thread died as Crypto has deflated. But I am in for the long haul as a miner.

Although I am happy with my GPU rigs mining ETH, today I made the jump to ASIC mining for SHA256. I ordered 4 Antminer S9s since they are at record low prices and shipping RSN. Ordered directly from Bitmain. About $1450 each delivered for 14TH/s. Should arrive mid-May.

Any ASIC mining experience here?

SHA256 is for mining Bitcoin.

I ordered 5 of the Antminer E3 back when they introduced them at $800 (plus power supply and shipping). They now sell for $2400. Delivery on both in July. I don't think they will change the ETH algo. The fix will be PoS. And the E3 at $2400 is not much better than a 6 card GPU miner.

It was real easy ordering them direct from the maker in China. They took my money. Of course they haven't shipped yet.

Current prices and delivery on Antminer S9 (bitcoin miner) are reasonable. I ordered 4 pcs to try them out. I received them on Monday and have two up and mining.

First impressions... they are really loud and take a lot of power. Payback at current BTC prices about 8 months. Annual power cost for one Antminer S9 is about $800. (Does not include AC or cooling costs.)

Weak market and the thread dies? I'm still mining ETH and ZEC and hoping for a winter recovery. I've learned a lot in the past 8 months.

I built my first rig with graphics cards and began mining ETH around Christmas 2017. Built and bought a lot of mining equipment in 2018. Added a few Antminers for BTC. Then bought a bunch of Antminers for Zcash (ZEC). Bought a couple more for Decred.

Graphics cards are now relatively cheap and plentiful so the gamers have stopped whining.

I'm still mining and hodling ETH and ZEC. I stopped mining BTC and Decred. It keeps my business building heated. Will probably stop mining in the Spring as the heat value goes away. In the current bear market, I am barely making more in crypto value than electricity costs. I did get a new electricity contract for the next 4 years which saves 2 cents per kwh. Have not recovered the cost of the mining gear.

Now that the bull market is back, I decided to keep mining through the summer with outside air cooling. I signed a 4 year contract on power with a third party to get a reduced fixed rate. (They deal mostly in wind power.)

I installed a 3 hp 48 inch exhaust fan with vfd speed control in my server room. Have an equal sized intake rain hood. At full speed it changes the air every 4 seconds.

Should have all my miners moved into the server room by next week.

Have not paid back my investment and electricity, but making money and getting closer.

What the heck happened? The real bull run in crypto is on. I'm finally ahead and not looking so stupid.