Sigurthr
0
- Joined
- Dec 11, 2011
- Messages
- 4,364
- Points
- 83
Anything over $100 for under about 150Kh/a won't see a ROI with scrypt mining. It just won't happen. And that's with today's prices ignoring the halvenings and fighting against the multipool downward pressures. Those big gpu rigs also eat a ton of power which ears away at ROI. The R9 290x gets about 600-800Kh/s which nets about $2/day if you're efficient and pick your pool and coin well. There is a tipping point like with the ASIC miners where it becomes profitable quickly, but again you're looking at the four to five digit mark.
If they came out with a 350Kh/s USB scrypt ASIC for $100 then you could get solid ROI with today's prices in about 3.5months. And again that's for an individual having one unit without them first springing up as farms.
The problem is that in a GPU market the introduction of ASICs destabilizes the market, so no one can accurately predict the end result. The coming ASIC farms could make gpu mining obsolete like it did for BTC. If that happens then no one except $$$$ and up ASIC farms will see a ROI.
That's why I chose DOGE. It's the easiest coin to mine that has even a snowball's chance in hell of surviving for long. It has the highest adoption rate, awareness, and growth since BTC. When the ASIC farms hit and wipe out most of the scrypt coins we'll likely see only BTC, LTC, and DOGE after the dust settles. Perhaps VTC will survive as well, but no one is sure. DOGE has a huge user base and aside from BTC and LTC is the only one that has people using it as a direct fiat replacement. All the other coins have to be converted first before they can be widely used in place of fiat.
If they came out with a 350Kh/s USB scrypt ASIC for $100 then you could get solid ROI with today's prices in about 3.5months. And again that's for an individual having one unit without them first springing up as farms.
The problem is that in a GPU market the introduction of ASICs destabilizes the market, so no one can accurately predict the end result. The coming ASIC farms could make gpu mining obsolete like it did for BTC. If that happens then no one except $$$$ and up ASIC farms will see a ROI.
That's why I chose DOGE. It's the easiest coin to mine that has even a snowball's chance in hell of surviving for long. It has the highest adoption rate, awareness, and growth since BTC. When the ASIC farms hit and wipe out most of the scrypt coins we'll likely see only BTC, LTC, and DOGE after the dust settles. Perhaps VTC will survive as well, but no one is sure. DOGE has a huge user base and aside from BTC and LTC is the only one that has people using it as a direct fiat replacement. All the other coins have to be converted first before they can be widely used in place of fiat.
