Sadly that's correct, 48k is my assumption that 3x Z9 Minis will collectively produce 3x 16kSol/s = 48kSols/s
RE: Mining ZCash with the Antminer Z9 Mini - Part 4: Revenue data, pool switching and updated forecasts
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Mining ZCash with the Antminer Z9 Mini - Part 4: Revenue data, pool switching and updated forecasts