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Re: al19 post# 113078

Thursday, 08/18/2022 1:06:08 PM

Thursday, August 18, 2022 1:06:08 PM

Post# of 122058
I fully understand the issue ... https://www.asicminervalue.com/

You have a very limited lifetime for equipment. Paying attention is very important...as you can see here:

"We purchased 5,000 Canaan AvalonMiner 841 miners, of which 4,000 have been delivered, and 550 are currently being operated. On November 6, 2021, we commenced Bitcoin mining on a beta test basis. Because these Canaan AvalonMiner 841 miners are less powerful than the other miners we have ordered, we may lose money on our initial mining operation"

https://www.sec.gov/Archives/edgar/data/1886015/000121390022007894/fs12022a4_agoradigitalhold.htm


That miner was released in 2018..and is way past being outdated. I have no idea what new miners have been ordered...but like all...such will have a short lifespan.



https://www.asicminervalue.com/miners/canaan/avalonminer-841
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