Help! Need to know if I just screwed myself.

[Dallas5]

Everyone seems to be ignoring the fact that there is no such thing as a "scryptminer." There are graphics card yes, but no ASICS, which it sounds like you have purchased. Where did you get this from? What website? Also, I just mine coins myself going by their current value because I don't trust multicoin sites. For one they don't mine the most profitable coin because they don't mine every coin. They mine the most profitable coin from THEIR own personal list of coins, so yeah. I make a batch file for each worthy altcoin so switching take sme 5 seconds. That's just how I do it though but if you're new then perhaps a multipool is best until you get the hang of it.

That's funny, there are already asics for scrypt mining away and more coming up this year.

To the OP you will not get a ROI within 2 weeks, why 2 weeks anyway? Just mine away many different coins and exchange them for BTC, if you're smart with that many power you will definitely make some money.

[hellscabane]

Would a 1.9 MH scryptminer be profitable in two weeks (when I receive the miner from Singapore)
Or did I just royally screw myself out of 1700$.
I've been saving for almost a year to get a miner, finally got one.
I don't pay for my electricity so that's not a problem, but I just looked into how difficulty works, Do you really think it could jump past 3000 in two weeks?

I will say, if you don't pay for electricity, then why go for a Scrypt ASIC? At this point, the cost per Kh/s of an ASIC is greater than the raw computer hardware. Sure you can resell it, but that is on the strict assumption that a refined model isn't significantly superior. If it is, then your 1st gen ASIC is like those 333 Mh/s usb sticks for BTC mining: pretty much dead weight.

I'm not sure what you're talking about, scrypt ASIC? I haven't heard of that, even looking up all I could find was just about as expensive if not more expensive with the same hasing power. Unless I can buy something like this : http://www.ebay.com/itm/0-2-th-s-200-Gh-s-bitcoin-miner-asic-/171234617575?pt=LH_DefaultDomain_0&hash=item27de60e8e7

and use it to get 200GH on litecoin mining then I have no idea what you're saying.

My mistake, I misread. My apologies, I got confused as I read through the post. Since you were getting something from Singapore, I thought you were getting one of the Gridseeds or something. Gah. My bad.

In this case, use a profit calculator to see how long it'll take you to ROI. As someone mentioned, you can always use a pool-hopping site to mine on. And if you're aiming to get LTC, just convert to LTC.

Once again, my apologies. Too much scanning and not enough thoroughness...

[suukool]

Everyone seems to be ignoring the fact that there is no such thing as a "scryptminer." There are graphics card yes, but no ASICS, which it sounds like you have purchased. Where did you get this from? What website? Also, I just mine coins myself going by their current value because I don't trust multicoin sites. For one they don't mine the most profitable coin because they don't mine every coin. They mine the most profitable coin from THEIR own personal list of coins, so yeah. I make a batch file for each worthy altcoin so switching take sme 5 seconds. That's just how I do it though but if you're new then perhaps a multipool is best until you get the hang of it.

That's funny, there are already asics for scrypt mining away and more coming up this year.

To the OP you will not get a ROI within 2 weeks, why 2 weeks anyway? Just mine away many different coins and exchange them for BTC, if you're smart with that many power you will definitely make some money.

Thank you, that's what I was thinking too. Just was wondering the two weeks, since difficulty rises so quick, I want to get one more GPU for it and leave it at 2.5MH. Then mine around altcoins, hoping to mine some unpopulars with easy difficulty and sell them on cryptsy. Then after I'm doing making enough cash, sell it back on ebay. Take the cash I have plus the money from the sold miner, buy a better miner. etc etc.

[suukool]

Everyone seems to be ignoring the fact that there is no such thing as a "scryptminer." There are graphics card yes, but no ASICS, which it sounds like you have purchased. Where did you get this from? What website? Also, I just mine coins myself going by their current value because I don't trust multicoin sites. For one they don't mine the most profitable coin because they don't mine every coin. They mine the most profitable coin from THEIR own personal list of coins, so yeah. I make a batch file for each worthy altcoin so switching take sme 5 seconds. That's just how I do it though but if you're new then perhaps a multipool is best until you get the hang of it.

That's funny, there are already asics for scrypt mining away and more coming up this year.

To the OP you will not get a ROI within 2 weeks, why 2 weeks anyway? Just mine away many different coins and exchange them for BTC, if you're smart with that many power you will definitely make some money.

Thank you, that's what I was thinking too. Just was wondering the two weeks, since difficulty rises so quick, I want to get one more GPU for it and leave it at 2.5MH. Then mine around altcoins, hoping to mine some unpopulars with easy difficulty and sell them on cryptsy. Then after I'm doing making enough cash, sell it back on ebay. Take the cash I have plus the money from the sold miner, buy a better miner. etc etc.

Welp. I have until tomorrow to decide to pay. So any last comments would be helpful.