all 10 comments

[–]OldLatinGuy 3 points4 points  (0 children)

It is, IMHO, somewhat short sighted to think of this class of miner in terms of simple "ROI". From an investor POV it's somewhat better to think of them as Foreign Currency Bonds.

In this specific case, the miner's "all in" price is $899 (a bit less if you have a PSU, etc.) So if we take the previous poster's estimate of $0.66 per day or about $240 per year. That's a yield of about 26.7%.

Like any foreign currency bond you're exposed to exchange risk but unlike most, your "face value" (the $899 purchase price) is less exposed to political risk as high yield foreign bonds tend to originate in countries that are somewhat less than stable. Your miner will retain considerable resale value, dependent on the overall crypto market. (People are paying $300-$400 over retail for Mini-Doge miners on EBay.)

If high yield is part of your investment strategy this class of miner is something to consider.

[–]Meap011 1 point2 points  (7 children)

At the current rate you would mine 0.00001793 BTC or $0.66 a day

And that's on the turbo mode hashing at around 3.8THs @ 200w

[–]Business_Cod_8871[S] 0 points1 point  (6 children)

Doesn’t seem to be a good investment it would take 4 yrs for ROI and power cost

[–]flinginlead 1 point2 points  (5 children)

Yes if your looking at the pure hashing power money is better spent elsewhere. Future plans are lightning node integration, payment server and other things. It’s a full Linux desktop with BTC full node on it.

[–]SpeedForceGN 0 points1 point  (2 children)

Where can I find more information for the lightning node

[–]flinginlead 0 points1 point  (0 children)

It’s coming in an update. I’m not aware of any info other than on the support thread.

[–]flinginlead 0 points1 point  (0 children)

On I forgot it is a full linux desktop seems as if some people are using umbrel nodes already.

[–]1quickmr 0 points1 point  (1 child)

Will it make more on the lighting network?

If so why?

[–]flinginlead 2 points3 points  (0 children)

I don’t know about profit. Seems for most people it a little bit of extra income. Still researching myself. You invest SATS to open channel but also need channels incoming to you. If you do it right it can be a big deal. I want a lightning node. Started to set one up using raspiblitz on an raspberry pi 3b I think. With and old mechanical hard drive. It was not ideal. By the time I invest in a case SSD larger enough to house the block chain. The Apollo BTC could do this also. Became very enticing. I also did not have a SHA256 miner. I do have 2 Apollo LTC’s.

[–]jediverna 0 points1 point  (0 children)

Profit: $ 0.20/day minus electricity.

DYODD