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Title: Upcoming Avalon Scrypt LTC miner allready worthless... Post by: mammon on August 15, 2018, 02:40:21 PM It seems a lot of people are dumping their gear what is worthless right now...
However the -new- upcoming Avalon 1,9GH Scrypt miner @1700 watt does only make 1 dollar a day right now. So who would ever buy this gear? 1 dollar a day mining LTC is NOT where you buy miners for??? (Everything else scrypt I call scam) People are far better of just buy the coins they like and wait. Because if coins fail deeper your miner does even less! More worthless ;) Title: Re: Upcoming Avalon Scrypt LTC miner allready worthless... Post by: edwardceng on August 15, 2018, 03:00:38 PM and the saddest thing is that the device has a low resale value even people don't want to buy it. From this, why would I prefer to mine with the GPU, at least have a resale value and can still be used to play games
Title: Re: Upcoming Avalon Scrypt LTC miner allready worthless... Post by: fanatic26_ on August 15, 2018, 03:39:20 PM However the -new- upcoming Avalon 1,9GH Scrypt miner @1700 watt does only make 1 dollar a day right now. They key thing you said is "right now". Crypto is hitting historic lows this week, so you are looking at the absolute worst possible mining revenue right now. In a week it could be making 3 times as much, you just never no. Making a decision or forming an opinion based on a single snapshot of profitability is a mistake. Title: Re: Upcoming Avalon Scrypt LTC miner allready worthless... Post by: lunobird on August 15, 2018, 04:30:23 PM However the -new- upcoming Avalon 1,9GH Scrypt miner @1700 watt does only make 1 dollar a day right now. They key thing you said is "right now". Crypto is hitting historic lows this week, so you are looking at the absolute worst possible mining revenue right now. In a week it could be making 3 times as much, you just never no. Making a decision or forming an opinion based on a single snapshot of profitability is a mistake. Even if that's the case it makes more sense to buy ltc directly. You will get 5x more ltc over what that new miner can generate over it's lifetime Title: Re: Upcoming Avalon Scrypt LTC miner allready worthless... Post by: fanatic26_ on August 15, 2018, 04:36:32 PM Also the OP is claiming under $1 a day when thats just not true. Even at the depressed prices it makes around $5.85/day before power costs.
Sure if you are trying to run a miner on expensive power it wont make money, but thats pretty much all miners right now. |