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RE: Alt-News #5: Antshares rebrand to NEO & new whitepaper / Singapore Startup TenX use of Visa Debit Cards / Sia bounties and ASIC Presale is live
150,000 Siacoin a month would equal around $150 monthly income if the price remained steady minus electricity costs depending on what they charge you for that in your location.
How do you get to this number? Siacoin is currently value at $0.01, so if their numbers are true shouldn't it be $1500 minus electricity (150 000*0.01)?
Oh thanks, that's a typo.
As you can see from this part
It should be $1,500 like you said. Will edit.
Ah yes indeed... so the ASIC would in theory pay for itself in less than 2 months and then give you 1500-1000 USD per month, taking into account mining difficulty increase and electricity costs... even if you have to wait 11 months, that's almost too good of a deal to be true