Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: digitalcitizen on December 18, 2018, 02:23:42 PM



Title: Request for info: ETH/other miners
Post by: digitalcitizen on December 18, 2018, 02:23:42 PM
Hello,

I'm buying some Avalon BTC miners, and I'm interested in buying other miners for ETH, other coins.  I'm interested in any that may be out there.

What are your experiences with them?  I found an ETH miner on eBay that does 190MH/s but power consumption is 700W, even though I don't pay high or typical kWh costs here in Australia.

Would a rig like this, or similar, be profitable (in a very small sense) by setting a BTC price on NiceHash, to cover electricity costs and let others rent the hashpower?  Or sell real mining contracts on eBay for those that can't buy ETH on exchanges easily?

Thoughts?

Thank you for any input.


Title: Re: Request for info: ETH/other miners
Post by: Xazax310 on December 18, 2018, 02:51:48 PM
IHMO, ASICs just become doorstops and worthless in a year or two. Additionally that ETH ASIC your looking at is likely to become bricked on the main ETH network. So your options would be ETC or other ETH-hash algos(if they dont fork). Right now a GPU rig with 6-8 AMD 580's mining ETH is not profitable unless your around .08Kw/c electric rate.


Title: Re: Request for info: ETH/other miners
Post by: digitalcitizen on December 18, 2018, 04:42:01 PM
IHMO, ASICs just become doorstops and worthless in a year or two. Additionally that ETH ASIC your looking at is likely to become bricked on the main ETH network. So your options would be ETC or other ETH-hash algos(if they dont fork). Right now a GPU rig with 6-8 AMD 580's mining ETH is not profitable unless your around .08Kw/c electric rate.

Thanks for the info, I appreciate it before spending...

I will leave that alone.