A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.
I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know
It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.
But i've read some people argue that there are simple workarounds that can be made to overcome whatever the monero team does?
It seems the argument was that cryptonight, by nature, is no longer ASIC-proof now that they've found a way to do it.
Those people are 100% wrong. You can't reprogram an ASIC.
If an ASIC is built to answer 2+2=4, it is unable to answer 2+3=5.
Nothing is ASIC proof, only ASIC resistant. And Monero is resisting in a big way by changing the algorithm and making these ASICs completely worthless/useless.