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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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devthedev
Legendary
 Offline
Activity: 1050
Merit: 1004
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June 11, 2014, 04:41:45 PM |
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You likely won't have a return on your investment for a little while with the rig. (About a year).
If you're in it just for the profit, check out Scrypt rigs. They can ROI in as little as 80 days.
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Pkofet
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June 11, 2014, 05:09:30 PM |
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I don't think you can make your money back with it, unless you have very cheap electricity or bitcoin mining difficulty increases at a very slow pace.
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beaumoa (OP)
Newbie
Offline
Activity: 2
Merit: 0
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June 11, 2014, 06:37:40 PM |
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what are Scrypt rigs
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Pkofet
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June 11, 2014, 06:42:44 PM |
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what are Scrypt rigs
Scrypt mining rigs = scrypt miners such as GPU and scrypt ASICs |
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 16, 2014, 02:45:55 AM |
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what are Scrypt rigs
Scrypt is a different algo that is used by alt-coins (LTC is a major one). It is significantly inferior to SHA-256 |
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BTC_Fundamentals
Member
Offline
Activity: 70
Merit: 10
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June 16, 2014, 04:45:01 AM |
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Scrypt and x11/x13 coin rigs are profitable and will be, especially x11/x13 coin rigs, as they are asic proof, atleast for now.
BTC mining is only for big pockets now.
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Lieji
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June 16, 2014, 07:48:16 AM |
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what are Scrypt rigs
Scrypt is a different algo that is used by alt-coins (LTC is a major one). It is significantly inferior to SHA-256If you are talking about the two hash functions, I don't see how sha256 is superior and scrypt is significantly inferior. |
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ranochigo
Legendary
Offline
Activity: 2954
Merit: 4165
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June 16, 2014, 08:54:13 AM |
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Scrypt and x11/x13 coin rigs are profitable and will be, especially x11/x13 coin rigs, as they are asic proof, atleast for now.
BTC mining is only for big pockets now.
Scrypt wouldn't be profitable for a long time. Better ASICs are designed at a fast rate, plus you have to consider about the heat produced , electrical fees and the difficulty increase. |
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debuni
Legendary
Offline
Activity: 1162
Merit: 1002
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June 16, 2014, 03:48:44 PM |
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Check this calculator: https://tradeblock.com/mining/It include future diff raising and other factors. For me it's one of the most realistic ones. In general, you will not be able to make a good profit. |
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 16, 2014, 05:47:31 PM |
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what are Scrypt rigs
Scrypt is a different algo that is used by alt-coins (LTC is a major one). It is significantly inferior to SHA-256If you are talking about the two hash functions, I don't see how sha256 is superior and scrypt is significantly inferior. The reason I would consider SHA256 to be superior as of now would be due to the network size. The bitcoin network (uses SHA) is many times larger then the LTC network (uses scrypt) and is thus more secure. Granted this is only true as of now and is subject to change. That is just my non-technical cents/explination |
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AuroraHF
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June 17, 2014, 01:23:37 PM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
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lmao
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ranochigo
Legendary
Offline
Activity: 2954
Merit: 4165
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June 17, 2014, 01:25:54 PM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. |
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AuroraHF
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June 17, 2014, 01:26:35 PM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. |
lmao
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PangPang
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June 17, 2014, 03:25:26 PM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. The scrypt mining world will have a big change soon, considering KnC will ship the Titan as scheduled in Q3 with 400 MH/s. http://www.coindesk.com/kncminer-titan-deliver-400-tape-out/ |
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 20, 2014, 02:56:59 AM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. ROI is going to plummet with the advent of ASICs comming to scrypt mining. |
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Shogen
Legendary
Offline
Activity: 966
Merit: 1001
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June 20, 2014, 03:09:59 AM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. ROI is going to plummet with the advent of ASICs comming to scrypt mining. Yup, we will see a rapid rising in difficulty of litecoin (and doge and other scrypt coins) when the ASICs are shipped. |
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FeodoroAndy
Newbie
Offline
Activity: 57
Merit: 0
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June 20, 2014, 04:29:40 AM |
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There is other algorithm coins to make, not only sha-256, scrypt.
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ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 29, 2014, 08:22:40 PM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. ROI is going to plummet with the advent of ASICs comming to scrypt mining. Yup, we will see a rapid rising in difficulty of litecoin (and doge and other scrypt coins) when the ASICs are shipped. This is a good example of why it is difficult to ROI with mining as it is difficult to predict the future of mining technology. |
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Nagato4
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June 30, 2014, 05:32:39 AM |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. True, true. But right now the ROI is really low and GAWminers are shipping soon. ROI is going to plummet with the advent of ASICs comming to scrypt mining. Yup, we will see a rapid rising in difficulty of litecoin (and doge and other scrypt coins) when the ASICs are shipped. This is a good example of why it is difficult to ROI with mining as it is difficult to predict the future of mining technology. The 400MH/s KnC titan will be shipped in Q3 ( http://www.coindesk.com/kncminer-titan-deliver-400-tape-out/) while the 500MH/s GAW Vaultbreaker will go live in Q3/Q4 ( http://www.gawminers.com/products/hosted-pre-order-batch-1-the-vaultbreaker-500-mh-s-asic-scrypt-miner/). It is really hard to estimate how the litecoin difficulty will evolve 3 months later.  |
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