Bitcoin Forum
May 26, 2024, 01:09:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Scrypt ASICs current and future profitability  (Read 795 times)
PeaMine (OP)
Hero Member
*****
Offline Offline

Activity: 979
Merit: 510



View Profile
December 20, 2014, 03:52:08 AM
 #1

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend?  Or should I wait a month or two for the next generation to come out?

Datacenter Technician and Electrician.  If you have any questions feel free to ask me as I am generally bored looking at logs and happy to help during free time.
jawitech
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
December 20, 2014, 05:39:34 AM
 #2

The current situation looks like this:

Some manufacturers announced improved chips with higher hashrate and lower power consumption. You could pre-order some of them. When they have noticed that those ASICS are making nice profit, most of them decided to sell them in large quantities to cloud mining providers or started an own cloud mining service where they can make much more profit due to high maintenance fees. Zeus is a good example, they f*cked their customers and cancelled the production, reason was that "over 80% of pre-order customers preferred cloud mining over physical miners". So the market isn't very huge.

Additionally nearly all altcoins crashed down so you need to do good research to find profitable coins to mine or just connect your miner to a multipool with BTC payout. But as BTC price crashed down, too, you might want to reconsider if you really want to invest such an amount of money.

Just my 2 cents...
Scooby903
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500



View Profile
December 20, 2014, 07:28:09 AM
 #3

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend?  Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now.  Got it from Zoomhash, although you can find them cheaper on ebay.  Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!
jawitech
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
December 20, 2014, 07:46:34 AM
 #4

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend?  Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now.  Got it from Zoomhash, although you can find them cheaper on ebay.  Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!

What are you mining? Do you sell the coins or keep them for better prices?
hdmediaservices
Hero Member
*****
Offline Offline

Activity: 630
Merit: 504


View Profile
December 20, 2014, 08:01:32 AM
 #5

The A2 units definitely are well built and dependable.  I have a handful of them with no issues. 

I have a feeling pricing for these will not drop much more for a while - as it seems to be the best unit out there.

Scooby903
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500



View Profile
December 20, 2014, 08:30:17 AM
 #6

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend?  Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now.  Got it from Zoomhash, although you can find them cheaper on ebay.  Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!

What are you mining? Do you sell the coins or keep them for better prices?

I sometimes bounce to whatever alt is currently most profitable, but mostly just use clevermining.  Just holding for now as I can afford to wait for the price to rise before I sell. 
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!