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Author Topic: Is it wise to invest in miners few months before reward halving?  (Read 1627 times)
vrm86 (OP)
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February 03, 2016, 06:36:07 PM
 #21

I think the time to make a profit before the 1/2ing has passed.  You're better trying to grab a miner after the prices adjust themselves afterwards.  Gives you time to hunt for a deal on an exchange Tongue

But will the price discount equalize the loss of efficiency? IMO ASIC manufacturers will show something 2x effective and today's hi-end miners will become usefull only during harsh winter. and not for mining purposes Tongue
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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thesmokingman
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February 04, 2016, 05:33:40 PM
 #22

Do you guys think it's a bad buy before the halving to purchase some of the new 16nm stuff if/when it hits the market? Say miners that could drop at 10THs / 1200watts for $2,000~2,200?

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February 05, 2016, 07:31:25 AM
 #23

Do you guys think it's a bad buy before the halving to purchase some of the new 16nm stuff if/when it hits the market? Say miners that could drop at 10THs / 1200watts for $2,000~2,200?

it depend on nthe diff, and therefore on the possible roi time, at worst you will be forced to sell your asic
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February 05, 2016, 11:47:01 AM
 #24

Do you guys think it's a bad buy before the halving to purchase some of the new 16nm stuff if/when it hits the market? Say miners that could drop at 10THs / 1200watts for $2,000~2,200?

it depend on nthe diff, and therefore on the possible roi time, at worst you will be forced to sell your asic

I had the option recently on a titan cube ..about 505 usd more or less  (80mh is standard but prob if all working dies as stated 85 is likely) using the 85mh it would take me like 7 months even to get 160 LTC back

thus even thou tempted...the boat don't float yet...at least from a PRACTICAL point of view

now if say in a month even without ROI I was to be able to get a cube for 300 or 350 I might do so and justify it as a 'hobby' purchase (partially)

so depends on what you want to spend and what you expect out of it

as to the above 'profit' wise ...it is obvious you are better off buying the 160 ltc then spending on this full working titan cube (again assuming you have Titans like me)

you can use this ltc calculator to see this as well (watts on such would be 312.5 watts for a fully working cube ..plug in your own electric costs ..again assuming you had
a titan to hitch it too!

www.litecoinpool.org/calc

of course I'm not buying 160 LTC now ...so if BTC was to pop and LTC was to follow (as an example if BTC did hit this year at $650 usd then at 0.008 ltc to btc (now)
that would be 5.20 per LTC

so 20/20 hindsight if above works out I should get the damn cube asap and or buy LTC at the price now/amount asap


I will likely do neither and IF BTC and LTC shoots up ...I will then say (per usual) 'dang it shoulda bought the titan cube'

*we funny hairless human primates are soooooo funny*


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