Worth investing now?

[Amph]

Just as predicted Litecoin keeps growing hope very much it will hit the 10$ mark soon

it was expected, the halving is approaching, it can not go down, and it still look like a good investments, better than wasting money in mining equipment that will never roi

[GotaPauj]

we should wait for new harware to be produced and then is the time to invest

[interbtc]

Mining is very competitive.  It is only profitable for those with access to the most efficient equipment and resources at the most competitive prices.

[Romanko]

If one has enough patience to wait for crypto currency waves, its obvious to invest in coins and earn on the ups&downs of the price.
At the moment BTC, LTC and others are very high and may go even higher. But nobody knows how long they will be so high)
Buy low and sell high is here the main rule if you dont go for the long term coin investments.
Anyway mining is a very delicate occupation costs a lot of time and resources.

[jt byte]

Most here will say it isn't profitable, but it really depends on where you are (i.e. electricity costs) and what you are willing to risk.

[notlist3d]

Most here will say it isn't profitable, but it really depends on where you are (i.e. electricity costs) and what you are willing to risk.

It is true there are a lot that bash mining at this point.  But if you have low priced electricity you can still make profits.  I am, and I know others are.

And the nice thing is when price goes up all your previous holdings go up in value.  So it can make a decent jump in value depending on your holdings.

[philipma1957]

Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?

I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.

Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.


Thank you for your help guys!

 

Luck involves make a block faster then normal or slower then normal.  No one really understands why you have a hot or a cold streak.  Most pools force the miner to take luck or variance risk (same thing)

F2pool one of the biggest pools takes on the block making risk and pays a flat rate.  no luck risk.  they charge a 4% fee  but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.

here is a link to them

https://www.f2pool.com/

[Romanko]

Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?

I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.

Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.


Thank you for your help guys!

 

Luck involves make a block faster then normal or slower then normal.  No one really understands why you have a hot or a cold streak.  Most pools force the miner to take luck or variance risk (same thing)

F2pool one of the biggest pools takes on the block making risk and pays a flat rate.  no luck risk.  they charge a 4% fee  but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.

here is a link to them

https://www.f2pool.com/

F2pool.com remains the best pick as for me.

You don't have to count the with pool luck, you get an estimated BTC/TH payout every day. Thats why it the biggest mining pool world. The payouts are 0.00945247 BTC / Thash/s at current difficulty rate. However the payout may rise or decrease when the network difficulty is changing.
 
But once miner is able to concentrate hashing power of 500+ TH, its obvious to go for the luck with available speed, with no mining pool as middleman between the miner and blocks)

[notlist3d]

Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?

I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.

Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.


Thank you for your help guys!

 

Luck involves make a block faster then normal or slower then normal.  No one really understands why you have a hot or a cold streak.  Most pools force the miner to take luck or variance risk (same thing)

F2pool one of the biggest pools takes on the block making risk and pays a flat rate.  no luck risk.  they charge a 4% fee  but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.

here is a link to them

https://www.f2pool.com/

F2pool.com remains the best pick as for me.

You don't have to count the with pool luck, you get an estimated BTC/TH payout every day. Thats why it the biggest mining pool world. The payouts are 0.00945247 BTC / Thash/s at current difficulty rate. However the payout may rise or decrease when the network difficulty is changing.
 
But once miner is able to concentrate hashing power of 500+ TH, its obvious to go for the luck with available speed, with no mining pool as middleman between the miner and blocks)

I suggest trying to use anotpool and compare your results.   I've had other things to do and have not been able to do 24 hour on f2, and antpool to compare.

But antpool does PPS (same payment system as F2) at 2.5 percent - https://www.antpool.com/support.htm .  They have done a horrible job advertising this feature but you can change it to PPS from settings.   

You can also use the default PPLNS for 0 percent feels (involves luck).    I know many do not like this as it is up and down.

But you literally can flip a switch on site to go from PPS to PPLNS.  That is a pretty neat feature in my book.   

[Romanko]

Antpool recently has made a solo mode for miners that really want to try out their luck on block catch.
Even there are other pools offering solo mode mining, but not sure they are worth of trusting your hashrate to.
In case of Antpool I think they are trust worthy.

Pool addresses:
solo.antpool.com:3333
solo.antpool.com:25
us.solo.antpool.com:3333
us.solo.antpool.com:25

Whenever your mining gear will find a block you will get immediately payed out -1% fee from 25BTC.
Quite a nice move to offer a competitive service by the Antpool and a possibility to mine in solo for those who cannot afford to buy a pool.