Well if you need the heat I suppose $99 is ok. It’s a bit surprising that so many scrypt miners are still mining. Low price for electricity or people have high hopes...
litecoin halving is coming and there is a limited supply of scrypt miners out there...the only two that are mass produced being the Bitmain Antminer L3+ 500mh series and the Futurebit Apollo 100mh pod miner.
The sad point is up till Feb 14th, when I shut off my last KNC Titan Scrypt Miner with 13 cubes in my basement, the KNC Titan mining Scrypt-N Fujicoin (FJC)
I was making a profit, IF YOU COUNTED THE HEAT I SAVED THIS WINTER, but alas, even at these prices...I finally fell $50 below a month on the heat savings and shut
them off...
now if the Apollo could do scrypt n ..yep, you probably would make a profit yet, but with knc titans ONLY ASIC units doing scrypt-N coins....even those days are numbered
I really doubt that pow scrypt will come back in any way (LTC included) for at least 1 year.
Even if someone gave me a scrypt miner (L3+) or whatever, I could not make anything on this unit. IMHO, we need a 50% increase in LTC price for that to happen
20% would be due to the difficulty wise of everyone turning on their old bitmain L3+'s again and in the USA...May 15th electric prices go up 1/3 almost or so...
In my case that is 9.75c kWh according to last month's bill to what it was last year (or more) of 15.6c kWh for Summer rates...
So, I'm like an experienced 6 year Zepplin Pilot with crypto mining...grounded....all that experience of no use now....and likely at best to stay that way for LTC mining at
least for 1-2 years if not forever..(I am despondent)
An 'Airship' Pilot with no 'current' useful skills indeed!
my take on this...of course I hope I'm dead wrong or we have a 100% increase in LTC price to make the above argument moot....but I kinda doubt it...at least in the short term
scrypt pow and LTC mining wise
but what do I know I'm a grounded obsolete former Zepplin captain....