Author

Topic: ASIC's Script is just about dead.. Here is why.. (Read 878 times)

member
Activity: 112
Merit: 10
And I had 2 VERY big things going for me..


1.  I got in early.. Yes HW prices were higher but still.

2. I have completely free hosting..  (This has actually not been as great as it sounds)


hero member
Activity: 770
Merit: 500
You can only make ROI if you buy million worth of asics to get 40% discount.
With Aiscs only richest are winning.


Only sellers are winning with Asics . Their strategy is as follows :-

1. Start overpriced pre-orders for miners.
2. Delay shipment and mine the shit outof miners.
3. Start shipping and reduce the prices so that they can make fool of users who want to buy new.
4. Start pre-orders for Higher speed miners.

So its win -win situation for them, and people are nothing much besides helping them fill their pockets.
full member
Activity: 182
Merit: 100
Can graphics cards even roi?

legendary
Activity: 1148
Merit: 1000
You can only make ROI if you buy million worth of asics to get 40% discount.
With Aiscs only richest are winning.
member
Activity: 112
Merit: 10
it is clearly in your best interest that people stop buying asic... Grin


WAY to late for that..
legendary
Activity: 1400
Merit: 1050
it is clearly in your best interest that people stop buying asic... Grin
member
Activity: 112
Merit: 10
Break-even will be slim to none and I have 30 HM's worth..  And I started early,mid March. AND I have completely free hosing.. And with all that.... I will be LUCKY to even break Even by early next year..

In March and April my 30 MH's was making $1200 per month...  Today, just 2 months later, $600 per month if I am lucky and dropping like a rock..   By Christmas?  Maybe $20 a month..  Dont matter what Script you mine.. LTC, Profit switching pools etc


And it don't matter if you buy 30 MH's or 30,000 MH's..   It will be the same thing..   Unless you get it free somehow.

Only people that are making TONS of money is the sellers..

Never again will I invest in mining..

If anyone tells you anything different they are not telling the truth..
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