Yes, LTC now at 3.63 and falling I won't be buying any more A4's at this price. The price needs to come down. Diff increase and lower LTC price is just too much for me to justify this price point and it does not appear to be improving any time soon.
Kinda what I said a few days ago -- However, this is a double edge sword. Part of me is now worried that if LTC doesn't recover and people stop buying the A4 that Inno might be in danger of not having the funding needed to provide us the support and things we need to fix our B1/B2 miners.
Inno does not care if people buy the A4 or not. It is pure profit now. They have built their data hall and loaded it with A4's. All of the unknown hash coming from China is from their mine. They will dump more LTC on the market and further depress prices. Eventually when they have made a boat load of cash and LTC price is sub $1.00 USD, they will drop prices on the A4 and dump them on people who will buy used machines in the hope of ROI in two to three years.
As a Titan owner (watching this thread) and equiv equip more or less...that COULD be a good thing for you guys...who already have an A4 and assuming you can get them
fixed/flashed
in 2014 KNC d/c making the Titans..thus difficulty was more or less stagnant then dropped as lower speed miners 1mh/10mh/40mh dropped off scrypt network at these prices
eventually scrypt price came back up and thus I'm still mining Titans with ROI at a profit over electric (2 years 1 month) and a period of NO big miners being made. You guys
could get lucky and it could be deja vu all over again
Thus...IF Innsilicon really does have a data hall and HAS decided at these scrypt prices they don't want to buy any more for their data hall if they have one (or if no Data hall by them the IPO guys who got data halls follow the same logic)
AND with all the consumer hassle on the A4 units....also probably not willing to drop price....they could walk away from the whole works like KNC did and you guys could mine
these for more than awhile...not like I see a lot of companies lately wanting to make pow scrypt miners at these scrypt coin prices...also remember innsilcon announced these miners
and got IPO funding WHEN LTC price was at 5-8 bucks if I remember right..thus them even making any miners for scrypt may be a fluke
So they could walk from the consumer end of this ..stay with the data hall IPO stuff they have now (makes sense why piss in your own pool and raise difficulty thru others)
and wash their hands of it all like knc did.
If that is the case....as of right now imho the ONLY thing left that mines LTC or other scrypt pow now imho is KNC Titans (reworked with gen tarkins firmware and other mods
good for another 2 years) at 300mh more or less and the A4's that maybe you can firmware hash up to say 280mh again and stable. Only these 2 units are majority of the
network now imho.
THUS...if say it ever gets to the point that an A4 can't make electric over mining...and the KNC Titan is close enough...likely the same time...then there are NO lower end
machines to drop out of pow scrypt mining and NO new big ass scrypt miner devices coming out imho.....that means when the Titans/and A4's can't cut it anymore
then scrypt pow is dead.
So IF say LTC was to get back more to its traditional 0.006 and above ratio to BTC say and other scrypt coins in that price ballpark...Then my friends it could be (if lucky) 2015
all over again...and we have just enough difficulty to continue to float the boat and just enough LTC and/or scrypt pow coin prices to keep the boat moving..and hell
this could go on another 2 years w/o new equipment coming into play for scrypt pow
Just saying..if the Data Hall IPO investors have shot their wad and happy..and wish no more..and Innsilcon is discouraged and gonna eventually stop the tap on A4 units
well...because the consumer end of this is a pain for them....again in this (probably) unlikely scenario that could happen with the KNC Titans back in the day ..you too with
the A4's could repeat this trend...so maybe a repeat as I said 'deja vu'
But man we need some life in LTC ratio of 0.00455 or whatever to BTC and/or LTC price and a few more scrypt coins at also a mineable and agreeable price to fill the 'pond' for scrypt pow..right now its kinda light for just LTC gamecredit coin etc
and a couple others
Not a lot of confidence in price and not a lot of depth on what an A4/KNC Titan can mine that makes sense in pow/scrypt.
Anyway just a small chance of sunshine in all this...the assumption that the data hall guys have shot their wad at these scrypt pow coin prices and need no more A4's
and that Innsilcon may find the crummy consumer problems on the A4 to the masses are NOT worth the effort anymore...and fold the works like KNC did in 2015 after
a few months.
Anyway what happened in my KNC Titan world that has got me to this point of 2 years and 1 month of mining at still double in payout after electric then I could get with
the newest S9 BTC unit (at my data hall guys who are buying this equip no rent for them/and 6c kwh electric) So go figure.
(trying to instill some hope here from the bleachers...I don't have an A4 but can run my KNC revamped Titan 300mh units yet with your A4 units in such a scenario...a nice
daydream..but hey...we could get lucky