GoldShell miners look good, but are they reliable?

[doubletheprof]

I love the way goldshell miners, especially ther small ones are designed so i bought three of them, Iam going to test them out for you guys, but do you think they will be reliable?

If there is anyone with experiences with goldshell miners let me know... I'll let you know in a few days of my results.

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[FP91G]

I think that a few days are not enough to test the reliability of ASICs. I read reviews from miners and don’t see any bad reviews about these ASICs. YouTube is usually full of reviews about each ASIC, but buying ASICs for altcoins always carries risks. Otherwise, large mining companies would mine Кaspa instead of Bitcoin.

[doubletheprof]

But the risk makes the money 

[scoobs303]

Only thing I've seen is to make sure the power cables are fully seated to prevent overheating.  Other then that people seem to love them!  I have two MD2 running in the basement right now and they've been rock solid for just over a month.  I'll let you know if I have any issues though!

[miner29]

But the risk makes the money 

Or more likely loses the money.

Risk works both ways.

[swogerino]

I don't think the small home miners,I mean the ones with really low wattage like Goldshell or Apollo providers would be not reliable,after all their are making a small ASIC.I compare them with a Cisco (best network gear provider in the world) who makes their switches based on ASICS and I consider them with the same power as the ASICS you are mentioning,rarely I have heard them failing in high rates,in fact it is extremely small the failure rate of these Cisco devices,the same I can said based on this analogy for the small ASIC providers.I know Cisco is a world Giant and Goldshell with Apollo are nowhere near Cisco,I just wanted to make a comparison as to why I don't think they are not reliable,they should be reliable.

[JutaiTEC]

goldshell is a trusthy miner, good ROE

[FP91G]

But the risk makes the money 

A friend of mine bought several ASICs, but he only makes purchases from profits from other ASICs. This way you can still invest in mining, but buying such ASICs now is not very safe for your wallet. It’s the expensive price of these ASICs that’s stopping me.

[DaveF]

Yes they are reliable, at least for me having had a few for years and years now.
But.
1) As they say. The past does not indicate the future, I have no idea how the quality of their miners now.
2) Any maker can have a bad batch.

The other issue is unless you have cheap / free power you will not ROI for a long time. Too slow and not efficient enough. If you are using them as space heaters or similar then go for it. But don't think you are going to get rich. Unless you get lucky and whatever coin you are mining skyrockets in price.


-Dave

[scoobs303]

Yes they are reliable, at least for me having had a few for years and years now.
But.
1) As they say. The past does not indicate the future, I have no idea how the quality of their miners now.
2) Any maker can have a bad batch.

The other issue is unless you have cheap / free power you will not ROI for a long time. Too slow and not efficient enough. If you are using them as space heaters or similar then go for it. But don't think you are going to get rich. Unless you get lucky and whatever coin you are mining skyrockets in price.


-Dave

I have thought about point one of my two at Pepe just for this shits and giggles...