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What about computing power in script crytpocurrency
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Topic: What about computing power in script crytpocurrency (Read 517 times)
lookin1
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What about computing power in script crytpocurrency
August 12, 2013, 01:19:59 PM
#1
Hi
Do you have any idea about prediction/forecast in mining difficulty regarding script cryptocoins. Is it still reasonable to make a miner with GPU?
or just don't bother and try to get bitcoin miners till they'll become unprofitable
Fallout
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Re: What about computing power in script crytpocurrency
August 12, 2013, 01:22:22 PM
#2
Bitcoinminers are mostly already unprofitable if you don't have them yet ... Any device you buy will most likely not make any ROI.
Scrypt is still doable by GPUs, no FPGAs or ASICs which are soon to be released.
lookin1
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Re: What about computing power in script crytpocurrency
August 12, 2013, 01:36:02 PM
#3
so, when no chance for ROI on Bitcoin miners, why ppl still buying them in sick prices? is there something that I still dont know?
gooryheta
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Re: What about computing power in script crytpocurrency
August 12, 2013, 01:46:20 PM
#4
Quote from: lookin1 on August 12, 2013, 01:36:02 PM
so, when no chance for ROI on Bitcoin miners, why ppl still buying them in sick prices? is there something that I still dont know?
I would not say "no chance for ROI", instead its gamble, if received soon enough then profit, and if it is delayed then probably loose
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po1992one
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Re: What about computing power in script crytpocurrency
August 12, 2013, 01:54:02 PM
#5
Quote from: lookin1 on August 12, 2013, 01:36:02 PM
so, when no chance for ROI on Bitcoin miners, why ppl still buying them in sick prices? is there something that I still dont know?
People are greedy and bad at math
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