Its a good machine, but in current market not so much better then GPUs. Specially considering the price. I would go so far as to say that with cheap power its even worse because you cannot speculative mine new coins.
at the moment it may be better for a guy with 10 cent power
then a guy with 3 cent power.
Can you elaborate, I missed the point. Maybe I am just dumb lol.
However I still don't see the value in these miners. As said they are good machines, easiest to use FPGA, but in the current market FPGA are not as good as they were advertised. Buying mining equipment at this time is a gamble for sure, but with GPUs I can mine Grin, BEAM, Veil or any new coin that just came out and at least score a jackpot from speculative mining or join an early train with some profitable coin. For instance if ETH goes ProgPow I can mine it with GPU but not with FPGA. And you are also dependent on the algos they provide. The profitability would have to be way better for such limitations and thus the ROI shorter. 2 year ROI is just not going to cut it.
Okay at 3 cent power you do not need the efficiency this offers you.
at 10 cent power it turns profit.
To project past 3 months is a waste of time.
So to say it has a 2 year breakeven number is worthless math.
If you make a 6 dollar profit a day with it after 10 cent power it allows you to hold 2 dollars in coin every day and cash 4 dollars every day.
right now. So you are paying it off and accumulating coins at the same time.
If coins go up your held coins are worth more$$
If coins go up your machine is worth more$$
and you are paying it down 4 bucks a day.
You can't do this with a gpu and 10 cent power.
Now does this mean I will buy one no it does not. I have other deals that work for me and do not involve FPGA machines.
Good explanation, thank you. I don't agree completely that you cannot do that with GPU, but I know what you mean.
