Hello,
I m thinking of buying a miner via da Gigawhatt..
Litecoin seems to be the best choice..
But is mining Litecoin actually still a good choice?
I have my opinion but I hope to receive more suggestions
According to their miners pricing,
ASIC L3
Miner cost : $4,207.5
Hash rate : 504 MH/s
Power Consumption : 800 Watt
Electricity cost $0.23/kWh
Current LTC Difficulty : 680760.4557
Currnet Network Hashrate : 23.95 TH/s
Let say you mine litecoin from your home
Estimated income is $31 with electricity cost $4.42 per day, so you get $26 per day and you will get ROI after 163 days mining. I'm sure this revenue will drop after few month, so i will say you will have ROI after 8-9 month mining.
But if you use their plan pricing, it seems more cheaper.
So far, when you invest in mining it will give ROI between 8- 12 months It just my assumption according my experience