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Author Topic: small miners we are all $crewed KNC scrypt 100 mega hashes  (Read 5140 times)
raymarius (OP)
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March 19, 2014, 07:00:04 PM
 #1

Brace yourself and prepare for plan B. KnCMiner Scrypt ASIC‎ will soon be here. Normally I would not worry but KNC was a huge reputation for over delivering  Sad .

What can we do? any ideas?
Wolf_Pack
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March 19, 2014, 07:03:32 PM
 #2

find a way to buy one...


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raymarius (OP)
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March 19, 2014, 07:06:17 PM
 #3

find a way to buy one...

$9000 dollars  Sad
brother3
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March 19, 2014, 07:22:38 PM
 #4

find a way to buy one...

$9000 dollars  Sad

Closer to 10K, no?
chesthing
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March 19, 2014, 08:10:05 PM
 #5

I wouldn't buy one, nfw. These will make most coins values plummet, I seriously doubt return on investment will happen. What they might do is raise btc and bc values due to the multipools though, but that will only happen for so long - who is going to keep buying the shitcoins being mined to keep the daily dumps from destroying their values? Basically it's like todays situation to a much larger degree, the end result is no miners will be profitable.
Wipeout2097
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March 19, 2014, 08:29:46 PM
 #6

Who's "afraid" of scrypt ASICs, and who's profit-mining scrypt anyway?

Scrypt doesn't pay for electricity already on some situations, without KNC.

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devphp
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March 19, 2014, 08:37:13 PM
 #7

These will make most coins values plummet

Guys, prices of coins are not related to whether the network has ASICs or not. Please stop reiterating bullshit you heard from someone. Period.
greentea
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March 19, 2014, 08:40:14 PM
 #8

$10k ... wow, wish I had that kind of cash laying around:

https://www.kncminer.com/categories/litecoin-mining-hardware

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Alohaboy?!
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March 19, 2014, 08:46:57 PM
 #9

100 mhs is amazing
bcd
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March 19, 2014, 08:47:12 PM
 #10

$10k ... wow, wish I had that kind of cash laying around:

https://www.kncminer.com/categories/litecoin-mining-hardware


ROI will be a big question.
raymarius (OP)
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March 19, 2014, 09:00:27 PM
 #11

I feel very tiny with my 2.5 megahash rig right now  Sad . Hopefully VERTCOIN is still around to save my ass.
chesthing
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March 19, 2014, 09:03:44 PM
 #12

These will make most coins values plummet

Guys, prices of coins are not related to whether the network has ASICs or not. Please stop reiterating bullshit you heard from someone. Period.
I'm not reiterating, I'm using common sense. Unlike you.
sudoku
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March 19, 2014, 09:11:59 PM
 #13

I feel very tiny with my 2.5 megahash rig right now  Sad . Hopefully VERTCOIN is still around to save my ass.

Geez that's more than my 1.4 mh/s.

1SudokuNgdzsYuANDinxUBwKgfyv5cptW
raymarius (OP)
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March 19, 2014, 09:13:44 PM
 #14

These will make most coins values plummet

Guys, prices of coins are not related to whether the network has ASICs or not. Please stop reiterating bullshit you heard from someone. Period.
I'm not reiterating, I'm using common sense. Unlike you.

I hate to disagree, but the supply of coins per day is limited and does not depend on mining power. All asic will do is concentrate the coins in the hand of a few rich guys.
raymarius (OP)
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March 19, 2014, 09:14:46 PM
 #15

I feel very tiny with my 2.5 megahash rig right now  Sad . Hopefully VERTCOIN is still around to save my ass.

Geez that's more than my 1.4 mh/s.

lol  Cheesy you are even more fxxked buddy lol
illodin
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March 19, 2014, 09:16:20 PM
 #16

Ouch.. one asic can 51% a whole lot of scrypt coins. Tongue
greentea
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March 19, 2014, 09:19:27 PM
 #17

Ouch.. one asic can 51% a whole lot of scrypt coins. Tongue

Imagine someone with deep pockets who buys 10 of those can do ...  Grin

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March 19, 2014, 09:21:51 PM
 #18

raymarius (OP)
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March 19, 2014, 09:22:30 PM
 #19

I guess natural selection is a goodthing in the long run  Sad , pity it wont be us who are selected.
raymarius (OP)
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March 19, 2014, 09:23:28 PM
 #20



please explain. stop being a tease you dik  Cheesy
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