Coinish Calc say you will never make your money back... guess that just about does it then... unless anyone can give me an argument why they are still a good idea?
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Yeah thats what i mean.
Not much use really. Would much rather put my money into something i can have now!
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Can you even get Jalepenos though?
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Thanks for that.
Short answer seems to be SOON! ... Poor GPUs!
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Nothing to lose.
1NXPBJWwrzypJnhUEWmMt1DHUjFx8WVUrF
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Does anyone out there have an accurate prediction of when the next difficulty rise might be and what it might go up to?
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Hey Spiral.
Thanks for that. Cool calculator. Unfortunately it doesn't have the Blade USBs on there, but it is neat to see those calculations.
At current difficulty it puts the break even point at about one year for 4 7970s. When you add the difficulty increase, the break even point becomes never!
I guess thats when we hope for LTC ming to be profitable, or sell the GPUs and let them get back to rendering and running gaming systems like they're supposed to. :-)
Cheers
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Yeah pretty expensive. Don't wuite seem worth it, but you're right, they are cool. Nice and easy to move around, plug in at work etc. I'm feeling like i'd like to get a few even if they aren't the most cost effective. Still kind of hard to beat the fact that the same money will give me twice the hashes from a GPU though. Torn.
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Thanks for the response.
Yeah i've been leaning to GPUs mainly because as you say, if mining with them ceases to be valuabe, they can always be sold for a decent percentage of the purchase price.
Power is a consideration though. I am in australia and the power here is expensive. Do you think taking that into account, maybe the USBs are a better go?
Also, do you think there's value just in the fact that they are available now? ... I know that better ASICs are coming but by the time they are available, the difficulty will be way up there. Feels like its a good idea to smash as much now before it all goes crazy.
Cheers
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Hello.
I wonder if this is real. ;-)
Lets see.
1NXPBJWwrzypJnhUEWmMt1DHUjFx8WVUrF
Cheers
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Awesome.
Thanks for that. Interesting.
So why isn't every mining pool out there doing merged ming?
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Can anyone please explain to me the deal with merged mining? Bitminter.com says that they also mine Namecoins because they come at no extra effort. What is actually going on there? Is it just as profitable to mine both at the same time?
Cheers
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Newbie newbie newbie la. Oh boy, looking forwards to being free from Newbiw prison. ;-)
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What do people think is going to happen to the price of LTC?
I know that is a big question, but just wondering what the opinions out there are?
Do you think that once ASICs take over BTC mining and everyone points their GPU mining rigs at LTC, this will make the price go up?
And will MTGOX adding LTC cause the price to go up also?
Is it sane thinking to bank on the idea that GPU mining rigs will still be profitable post ASICs by putting them over to LTC mining instead?
Waddaya all reckon?
Barntech
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Central Bank! ... ok thats two words, but one concept!
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Hello.
So i am relatively new to the whole mining game. Coming in at an interesting point in the whole thing it seems. I currently have 4 7970s churning away. I'm looking to invest some more into mining and wondering what people think the wisest next purchase would be considering the imminent onset of the ASIC era. By my calculations, buying more GPUs will give me a higher Hash per dollar spent ratio, but then factoring in power, and ease of use etc, its seeming like getting some of the Block Erupter USBs might be a better choice at this point. I know they are not hugely exciting when compared to whats coming with the bigger units, but i do very much like that they are available now! ... A huge plus in my opinion. What do you guys think? More GPUs or Block Erupter USBs?
Barntech
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