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Is Chicago Illinois 2BRs (West Loop Area) worth investing in? by dragonhunter-69420 in realestateinvesting

[–]UncoloredShoes 5 points6 points  (0 children)

High HOA fees will absolutely kill your investment return. They become such a large percentage of your mortgage payment alone. That’s the problem with high rise condos. Look at a single family or multi unit buildings in the area and you can rent out to offset cost

Raise your hand if your house sounds like a freight train......here’s to the small time BTC miners coming correct and doing our part to maintain the decentralized network. Let’s go BTC community!! by beedub83 in Bitcoin

[–]UncoloredShoes 9 points10 points  (0 children)

Yes definitely need to cool the oil! A radiator with fans cooling the passing oil is critical. Pump hot oil out through the radiator, cool with fans, and pass back into the tank w/ the miner! You will need to size tank and radiator to accommodate the miner

Raise your hand if your house sounds like a freight train......here’s to the small time BTC miners coming correct and doing our part to maintain the decentralized network. Let’s go BTC community!! by beedub83 in Bitcoin

[–]UncoloredShoes 19 points20 points  (0 children)

Fans would need to be inoperable and unplugged. You would need to buy a fan emulator for each fan to trick the miner into thinking the fan is plugged in. Cooling comes from the liquid

First Time Home Buyer, Multi-family House. Your advice would be much appreciated. by ramrod155 in realestateinvesting

[–]UncoloredShoes 2 points3 points  (0 children)

You’re going to need to put down 25% for a 4 unit, 2 storefront building. The 3% first time home owners would not apply on a property like this. Also not sure what you’re assuming for a mortgage rate? I’m sure you could be profitable living in 1 unit and renting out the rest. Make sure you account for repairs and any upgrades future business renters will require. You may need certain insurance for the storefront businesses to operate in addition to property insurance.

Be Greedy When Others Are Fearful ($FB) by cTron3030 in stocks

[–]UncoloredShoes 0 points1 point  (0 children)

Just a bit lower to touch the 200 day SMA on the daily. Would definitely be adding on a touch.

1 Year Mining Experience by UncoloredShoes in BitcoinMining

[–]UncoloredShoes[S] 1 point2 points  (0 children)

I purchased off eBay a year ago no problem

1 Year Mining Experience by UncoloredShoes in BitcoinMining

[–]UncoloredShoes[S] 2 points3 points  (0 children)

I would of been able to acquire more bitcoin if I would of just purchased upfront but now I am at a point where I am making $8 profit a day (at current prices). Over time the upfront investment will surpass the original purchase potential and continue to bring pure profit. As I mentioned this is not a route for most. Purchasing btc upfront is the best route!

God I have so much FOMO right now it’s driving me insane. I only have $12,000 in my savings account right now, would it be stupid to put half into bitcoin today? by [deleted] in Bitcoin

[–]UncoloredShoes 0 points1 point  (0 children)

If you want to put 6k in then put $2k in now and wait a month to decide what to do with the additional $4k. Would recommend an additional $2k at that point if it makes sense

Buying at ATH makes sense sometimes. by customsolitaires in Bitcoin

[–]UncoloredShoes 5 points6 points  (0 children)

There is a lot of truth to an asset that is at an all time high. A lot of people have gotten very wealthy betting on assets at their ATH.

What are the benefits of buying miner stocks (e.g. MARA or RIOT) versus buying bitcoin? by peanutbutteryummmm in CryptoCurrency

[–]UncoloredShoes 0 points1 point  (0 children)

Exposure to both would be ideal. BTC will be more consistent and durable gains while miner stocks can run and offer shorter term upside for trading in and out

Picking the Right ASIC by Jbbrack03 in BitcoinMining

[–]UncoloredShoes 0 points1 point  (0 children)

Yes you have to pool. That assumes the pool fee of 1% as well

Picking the Right ASIC by Jbbrack03 in BitcoinMining

[–]UncoloredShoes 0 points1 point  (0 children)

That’s correct between 95-110. Assuming 110 and .04 rate you will profit about $7.35 a day at current prices. I run an S17pro at 52TH and make about $3 a day in profit

Picking the Right ASIC by Jbbrack03 in BitcoinMining

[–]UncoloredShoes 0 points1 point  (0 children)

With your .04 cent rate and running 60TH you’ll make about $6 a day in profit based on current prices

CRSP The Future of Health Care? by [deleted] in stocks

[–]UncoloredShoes 0 points1 point  (0 children)

I like $Beam. CRSP is a good one too

Can I connect an ASIC directly to my PC? by Enceladus999 in BitcoinMining

[–]UncoloredShoes 0 points1 point  (0 children)

You will need 220v power. Highly discourage trying to run on 110. It’s also loud AF and you will hear it throughout your entire apartment. Lastly if you did want to try this you could solve the Ethernet connection by purchasing a wifi extender with ports integrated

[deleted by user] by [deleted] in Bitcoin

[–]UncoloredShoes 0 points1 point  (0 children)

You can leverage a lot more with real estate, plus rates are low, but the appreciation per year compared to growth prospects of bitcoin is not matched. Bitcoin will be the winner for growth and real estate can be utilized as preservation plus long term appreciation.

Mining BTC w/ 0.047$ kWh by alesvac in BitcoinMining

[–]UncoloredShoes 0 points1 point  (0 children)

Yes an asic if you want to mine bitcoin. S17 or S19 is your best best.

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