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Author Topic: Can Low End Scrypt ASIC Miners Be Profitable?  (Read 340 times)
paramind22 (OP)
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November 08, 2016, 01:50:30 PM
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Do you think low end scrypt ASIC miners can be profitable if used in a type of trading capacity after one is mining?
It seems they could come in handy to support some coins that may have value but not enough support?   There are
a lot on eBay now under $100.

Definition of profitable: like earning interest on a CD/Money Market with a good amount of capital, not "day job" work,
and liking the heat (in Seattle one often uses a heater even 8 months out of the year at times).

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November 08, 2016, 01:53:12 PM
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Do you think low end scrypt ASIC miners can be profitable if used in a type of trading capacity after one is mining?
It seems they could come in handy to support some coins that may have value but not enough support?   There are
a lot on eBay now under $100.

Definition of profitable: like earning interest on a CD/Money Market with a good amount of capital, not "day job" work,
and liking the heat (in Seattle one often uses a heater even 8 months out of the year at times).

I think it's pretty certain that you'll always have to look at the price and the power draw per Mh.
IMHO, i think that if you buy a very old, outdated scrypt miner that draws way to much power per generated hash and costs proportionally more per unit of hashrate than a new miner, you'll always do a bad deal buying one.

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