Is there any ROI in scrypt mining?
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Im building it more for new coins and not expecting any overnight returns
Any advice appreciated. Would love to hear about individual setups that work- and the kind of returns and power consumption etc...
I wanted to offer a more conservative ROI estimate, because we seem to share some of the same fiscal concerns re: ROI
I have R9 280x systems (2 or 3 cards per), run as cheaply as possible. i can do two cards for one 850w power supply. get one of those belkin watt meters to figure out what your power consumption is like.
where i live power is 10.6¢/kwh (no that's not catcoin). my systems were built before the price inflation (280x's are selling for 400-500 right now, before were <$300). estimate for breakeven on LTC in november was 60 days. at 800w, i am paying about $1/day for elx.
the systems i built after the LTC/BTC crash, coupled by the increase in difficulty, has stretched by breakeven to 100 days.
I am being incredibly conservative; i will likely exceed these estimates. but these are the 'low return' scenarios for me. my estimates for earnings are based on BTC being at $700. my estimates include as many expenses as possible from any cases i need, extra fans, electricity, and replacement powersupplies to replace the ones i blew up. where possible, i obtain parts for free.
I aim to break even by the end of february, and i am an investor, not a speculator.
right now, i estimate .47 LTC per 1mh/s. i'm sure people can get more, but again, i am using extremely conservative estimates. i do not want optimism to lead me down the wrong path. I am also using middlecoin, and find myself getting a higher mean daily return than on litecoin over the past 2 weeks.