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Topic: I need suggestions about buying an asic scrypt Miner. - page 2. (Read 15513 times)

legendary
Activity: 1498
Merit: 1030
Most A2 (and most A1 units before them) have run without issues for years.
Probably the most reliable gear on the market at this point.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Pretty much any new asic mining gear is unlikely to ROI at this point (particularly Scrypt miners) and that's even assuming uber-cheap electricity.

Unless you can find a reasonably priced 2nd hand unit and your willing to take a bit of a risk that the until will run flawlessly for you for the next year and a half your probably just better off taking that 800 Euro and buying and holding.
legendary
Activity: 1498
Merit: 1030
A2 Terminators are commonly available, and tend to be good reliable Scrypt miners.

 Litecoin might be more centralised than Bitcoin, but it's price and difficulty have also been a LOT more stable since the Litecoin block reward halfing.



 The days of "get your investment on short time" are LONG gone for any cryptocoin.
legendary
Activity: 938
Merit: 1000
Do not buy scrypt miner. Those mining is very concentrated. The litecoin is controlled by small number of people. If you want to mine, mine something else.
I can understand you logic.. I would accept answers like "dont buy, you will lose money", but your argument is "dont buy because litecoin is concetrated"?
 Huh

He means that almost of Litecoin mining  hashpower  is centralized unfortunately due to the high difficulty, If you buy a miner to mine Litecoins you probably you never will get your  investment on short time at least. On the case of Bitcoin is worst, Some peoples bet mining anothers coins but is the same thing. If the money is not a problem for you and you do this for fun only the history will be  different so you can do that you want, Otherwise If the latter is not the case first you need to do a lot of searching to begin.
full member
Activity: 154
Merit: 100
quote author=papadrams link=topic=1292590.msg13276376#msg13276376 date=1450357518]
I can understand you logic.. I would accept answers like "dont buy, you will lose money", but your argument is "dont buy because litecoin is concetrated"?
 Huh
quote]

Concentration means a few people control the market and hence could "make evil" by manipulating the prices. I'm not sure it's the case for LTC though.
member
Activity: 112
Merit: 10
I can understand you logic.. I would accept answers like "dont buy, you will lose money", but your argument is "dont buy because litecoin is concetrated"?
 Huh
newbie
Activity: 39
Merit: 0
Do not buy scrypt miner. Those mining is very concentrated. The litecoin is controlled by small number of people. If you want to mine, mine something else.
member
Activity: 112
Merit: 10
Hey guys,
as the title says, i want to buy an asic scrypt miner. I am thinking on spending 800 euro for that.
Any suggestions on what i should buy?
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