What's your take on the expected payback time?

Thinking back to a couple of years ago when miners were complaining about a payback time of around 200 days. It seemed like a ridiculously long wait back then. Fast forward to now, and it feels like a year is pretty acceptable for most folks. So, what kind of payback period are you all anticipating given the current situation? By the way, I work for Canaan and feel free to check out our stuff at shop.canaan.io.

a good question. hard to answer. I would say a lot depends on what you already own. Ie I own 5gh in gpus paid off I own 1ph in btc gear paid off I own 20gh in l7's paid off. my power is cheap all of above makes about 200 usd a day in profit. If I mine 15 days I can buy a 3000 dollar unit of gear say an avalon 1246 it will only make 9 a day minus 4 in power = 5 a day profit.   that means 600 day payoff if I look at it alone. but I earn the 3000 to get it over the last 15 days. So if I buy 1 a month that takes 3000 and leaves 3000 cash. a year later I have 12 90th units  added to the mine. I have 3600 cash. even with terrible 600 day payoff for the 3000 dollar 90th avalon a1246

Yes, your right, Sir. Sometimes, some potential miners used the calculator of mining pool, such as f2pool or btc.com, and they said to us, oh,no, the payback period is nearly 2 years, so give up mining.

Keep in mind those 12 miners might also multiply their resale value to a price higher than what you paid for them new - as the Bitcoin price moves up and the gear gets more expensive. I remember just a few short months ago top of the line miners going for $10k+ USD from third party sellers, which are now available directly from the original manufacturers for less than half of that. I'd be interested to know whether companies like Canaan increased their prices during that period as well or if the units were simply sweeped up by scalpers and resold with 100% profit.

It would be particularly difficult for management to keep adjusting the price at every bull & bear season so what is most likely happening is the wild, unpredictable prices of the scalpers are taking place here.

its a bit of both. most asic builders adjust upwards somewhat. when profits are high and for that matter adjust down wards somewhat. when profits are low we will be adding gear on pace of maybe 1 or 2 units per month. we are loaded with gpus need more btc gear and more ltc/doge gear. I have had good luck with a1066 a1166 a1246 all six are working since we got them two of each.

Had no luck in finding the price of A1246 variants on their launch dates to see if they increased their prices in that period, but back in "May of this year", they were being sold at almost 2x of the current prices: e.g. May 16 = A1246-96T ($6,529.00)Today = A1246-96T ($3,333.33)