And the asic race continues.. im wondering how many of you will actualy reach roi without some serious tweaks.
As you can see, difficulty keeps going up, sometimes it seams you are racing one against the other.
hopefully the price will follow difficulty in some way, so far its sideways :/
Certainly it's a race. We can't expect to have 100% approval not to use ASIC's for financial gain. So then we either join the arms race or accept our lot and pickup the scraps. I've only really learned of cryptocurrency about 4 months ago but I'm all in. For a while there I was trying to figure out what all the hoopla was about with the anti-ASIC crowd (not lumping you in there, you just made me think about it). If it's a more efficient way to mine & distribute the coins then it just makes sense to go that route. I get that there might be a feeling of unfairness to some but such is life. I can't afford to jump on the ship at the moment but I do think if I had held off on setting up a GPU mining rig for another month or 2 I could've gone the ASIC route and saved money, headaches, & electricity. In the end, cryptocurrency needs to thrive and expand. If we make profit, great. What we need most is utility for the coins as grendel25 mentioned.
Sorry for a slightly off-topic diatribe. Congrats on the new miner!