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Author Topic: Only have enough $$ to buy one mining rig... SHA-256 vs Scrypt Mining?!  (Read 12294 times)
philipma1957
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April 09, 2016, 01:01:26 PM
 #21

The op is long gone and this was a 2015 thread.

But with eth coin gpu mining now can make money again.

There is a lot in favor of gpu alt coin mining if you game and have a gaming machine you will discount your gear.

If you build a rig correctly it can last for years .

My ltc rig sat on a shelf for more then 18 months.  I finally got around to firing it up and mining eth coin.
Cost was zero. Now the rig is earning money every day.

Do I think I should build a lot more rigs no I do not but I will run this until it no longer earns a profit then shelf it.

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April 09, 2016, 05:25:14 PM
 #22

The op is long gone and this was a 2015 thread.

But with eth coin gpu mining now can make money again.

There is a lot in favor of gpu alt coin mining if you game and have a gaming machine you will discount your gear.

If you build a rig correctly it can last for years .

My ltc rig sat on a shelf for more then 18 months.  I finally got around to firing it up and mining eth coin.
Cost was zero. Now the rig is earning money every day.

Do I think I should build a lot more rigs no I do not but I will run this until it no longer earns a profit then shelf it.

The problem with shelving it was you put nice video cards on a shelf for 18 months, that means they lost value sitting there as new generations of GPU's come out.  And they do always keep coming out with new GPU's.

I personally am more likely to sell GPU's (which I did on almost all my rigs) and buy back in if I want.  ETH has a lot of fan's but has not convinced me to build any new rigs/buy back GPU's.   And I could be missing a big opportunity... but I have a hard time shelling out for GPU's at current point.  I would need to see long term gains personally.
sangwookie
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March 09, 2018, 01:28:26 AM
 #23

it seems like this is a topic for the ages. I decided to go with Scrypt because of the lower power and more variety of coins. I like litecoin more as well at the moment. I have offices where I can run the machines so it at least can cover rent and electricity. I would consider what your options are. Mining is more of a hobby rather than an investment. I still like Baikal Miners since they are multi-algorithms.

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