Bitcoin Forum
April 27, 2024, 04:59:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Buy miners now or wait?  (Read 688 times)
Coltcaine (OP)
Newbie
*
Offline Offline

Activity: 68
Merit: 0


View Profile
November 28, 2017, 12:43:37 AM
 #1

I have some Avalon 741’s avalon 6’s some gpu rigs and a s9. I’m finally seeing some decent profits. Been gpu mining for a while barely got into ASICS a few months back is now the time to buy the current model ASICS or are upgrades right around the corner?
1714193999
Hero Member
*
Offline Offline

Posts: 1714193999

View Profile Personal Message (Offline)

Ignore
1714193999
Reply with quote  #2

1714193999
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714193999
Hero Member
*
Offline Offline

Posts: 1714193999

View Profile Personal Message (Offline)

Ignore
1714193999
Reply with quote  #2

1714193999
Report to moderator
1714193999
Hero Member
*
Offline Offline

Posts: 1714193999

View Profile Personal Message (Offline)

Ignore
1714193999
Reply with quote  #2

1714193999
Report to moderator
1714193999
Hero Member
*
Offline Offline

Posts: 1714193999

View Profile Personal Message (Offline)

Ignore
1714193999
Reply with quote  #2

1714193999
Report to moderator
NotFuzzyWarm
Legendary
*
Offline Offline

Activity: 3612
Merit: 2506


Evil beware: We have waffles!


View Profile
November 28, 2017, 12:49:40 AM
 #2

Only VERIFIED new hardware in the pipeline is from Canaan, they will release their A8 in Jan sometime with general availability to the public projected to be Feb.

Personally I'd get some more A741's until then as the A8 is same chips, just tweaked and a few other design changes to raise speed to around 14THs with same power draw as an s9.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
Coltcaine (OP)
Newbie
*
Offline Offline

Activity: 68
Merit: 0


View Profile
November 28, 2017, 01:32:20 AM
 #3

Alright I have 5 avalon 741’s suppose to be here December 5th but supposedly may be delayed 2 weeks. So u recommend just sticking with 741’s for now? Is there any dash miner that’s profitable?
NotFuzzyWarm
Legendary
*
Offline Offline

Activity: 3612
Merit: 2506


Evil beware: We have waffles!


View Profile
November 28, 2017, 02:54:04 AM
 #4

Alright I have 5 avalon 741’s suppose to be here December 5th but supposedly may be delayed 2 weeks. So u recommend just sticking with 741’s for now? Is there any dash miner that’s profitable?
Yes, stick with the Avalons.
I don't mine any altcoins nor do most others here. Ask where the alt folks hang out and that ain't here.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
monster333
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
November 28, 2017, 04:55:30 AM
 #5

i am also willing to deploy an ASIC miner, can you tell me your ROI and breakevn point?
Coltcaine (OP)
Newbie
*
Offline Offline

Activity: 68
Merit: 0


View Profile
November 28, 2017, 07:45:37 AM
 #6

I paid about 1600 for 2 avalons 741’s at .09 kWh I’m making like $15 a day after electricty give or take so 4 months to turn a profit. I wanna be profitable but that’s not my whole goal I like the idea of bitcoin and wanna help it grow. So if ur just trying to invest just buy coins you’ll make more money just my two cents.
monster333
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
November 28, 2017, 04:42:37 PM
 #7

is there anyone who can sell me his asic miner?
Coltcaine (OP)
Newbie
*
Offline Offline

Activity: 68
Merit: 0


View Profile
November 28, 2017, 07:29:34 PM
 #8

Sure but probably not for what you wanna pay for it
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!