Cryptocurrency Mining

Sabre Wulf said:
Looking at the graphs here: https://poolpicker.eu/graph
It seems like it's hard to beat Nicehash from the POV of consistency. I will likely keep ZPool running for a bit and see what a longer term approach yields.
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That x11 graph hurts... a lot.... what other coins will you guys be mining once Dash becomes less profitable, or will you stick with selling on NH? Down 75k in less than two months, that's got to be one of the horror stories of the crypto world. Any guesses how low it will go before it bottoms out?

I have to say, the scrypt drop was a lot less drastic than this, and stabilized a lot quicker, at least going by the NH numbers.
 
They just tweaked it enough to beat L3plus but price is horrible at today's mining rate. I reckon we get st least 1gh/s from next Litecoin miner out of Bitmain if not more..I will wait for their next units
 
srothman said:
That x11 graph hurts... a lot.... what other coins will you guys be mining once Dash becomes less profitable, or will you stick with selling on NH? Down 75k in less than two months, that's got to be one of the horror stories of the crypto world. Any guesses how low it will go before it bottoms out?

I have to say, the scrypt drop was a lot less drastic than this, and stabilized a lot quicker, at least going by the NH numbers.
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There are other coins to mine . profits will be realistic going forward unlike the first batch figures which were mind blowing. Wouldn't mind 1st batch of new LTC miner out of Bitmain
 
Would it be wise to source local stock miners (at premium) with the newer versions coming some or wait it out and hope the newer ones come sooner than later?
 
Mielie26 said:
Would it be wise to source local stock miners (at premium) with the newer versions coming some or wait it out and hope the newer ones come sooner than later?
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For me local premium is crazy. I would rather order from Bitmain. Take my chances as ROI after paying double local is just as risky. Now if you can get November stock import. Alternative save your money and try get batch 1 of the new miners early next year
 
Mielie26 said:
Would it be wise to source local stock miners (at premium) with the newer versions coming some or wait it out and hope the newer ones come sooner than later?
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Max local for D3 and Psu 28k/30k. Max for L3 40k
 
Damac10 said:
For me local premium is crazy. I would rather order from Bitmain. Take my chances as ROI after paying double local is just as risky. Now if you can get November stock import. Alternative save your money and try get batch 1 of the new miners early next year
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That's what I want to do. Get some $$$ stashed away to be ready when those drop.
 
Mielie26 said:
So 50k for a l3 is pushing it?
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Price is 35k with shipping and duty Max. At 20 dollars a day 7000 a month thats 5 to 6 months roi depending on market. At 50k thats 7/8 months . Bit too long me my taste. If profits drop can become 12 months. I rather pay less and see what happens
 
Damac10 said:
Price is 35k with shipping and duty Max. At 20 dollars a day 7000 a month thats 5 to 6 months roi depending on market. At 50k thats 7/8 months . Bit too long me my taste. If profits drop can become 12 months. I rather pay less and see what happens
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Makes sense, my thinking is that Innosilicon has doubled their cost per unit (A4 was $1500, A4+ is $3200) will Bitmain not follow suite?

Then these units will become a little rich for my blood lol
 
Bitmain will likely come in somewhat cheaper with their next generation miners, but it will most likely be more than what you will pay now. I reckon ~$2800+ for the new ones is a safe assumption IMHO.
 
I see Sabre Wulf has successfully managed to order from Bitmain, but has anyone else gotten it right?
 
srothman said:
Bitmain will likely come in somewhat cheaper with their next generation miners, but it will most likely be more than what you will pay now. I reckon ~$2800+ for the new ones is a safe assumption IMHO.
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But I expect about 1 to 2gh/s from Bitmain at that price versus 504mh/s vs 620mh/s which is negligible
 
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