Topic: Is an Innosilicon A10 Pro or 10Pro+ a good invest? (Read 120 times)
Dangerous investment if you ask me, ETH is definitely going away and to get your ROI back it will take months after months, the only coin let to mine is Ethereum Classic which will also be less profitable compared to Ethereum, graphic cards are more future dependent than Asics right now.
100% agree, ETH is dead so you won't be able to move that ASIC to different algo, maybe ETC but that's all. You do loose flexibility.
The problem is not actually moving to a different algorithm. The value of the equipment is the issue. GPU mining is usually a safer investment when it comes to capital cost, because video cards are very reliable (1-3% failure rate, 2-3 year warranty) and they have a robust gaming resale market.
ASIC mining is safer in terms of predicting revenue (BTC difficulty & price moves slowly), but the hardware is much more faulty and power cost is very important. If BTC price drops by half, the equipment value can go down by 3-4x.
Here, we're talking about an entire coin getting eliminated and the second-best one, ETC, having 5% of the market cap. The ETH ASICs could be completely worthless. They offer no advantage in profit over GPU rigs. The Innosilicon A10 is the worst of both worlds!
100% agree, ETH is dead so you won't be able to move that ASIC to different algo, maybe ETC but that's all. You do loose flexibility.
Absolutely not. Do not buy an ASIC for ETH mining! They are usually the same price per Mh as video cards. Build a GPU rig instead, because it provides more flexibility on algorithms, and it will have higher resale value because you can sell the cards to gamers after ETH PoS. It's possible that your Innosilicon can drop in value by 80-90% after PoS, but video cards can only decline by 50% at worst. Power efficiency does not matter since video cards use very little energy compared to the revenue.
I consider buying either the Innosilicon A10Pro or the Pro+ Version. It will sure be a used unit from China (as I live in the Philippines), but how reliable are the mners if they have been used for lke 2 years already (I dont know when they were brought into the market).
Can not help directly, but when buying a used equipment, it would be good to research on the average lifespan of that product, to get a rough estimate of how much good service you will get from it. This would depend a lot on how it was used by the previous owners.So I just ask you, if you would consider it a good invest for the next 2-3 years if I would be ok in earning like 6K$ per year.
Please, how do you calculate the estimated earning over time?And for anyone to answer this question, they would need to know how much you are investing in the machinery, besides electricity cost which you already mentioned.
Hi guys,
I did some LTC mining 10+ years ago but now I have solar on my roof and can spare up to 1500W for mining. Thus my electricity will be less than 0.1$ per KWh
I consider buying either the Innosilicon A10Pro or the Pro+ Version. It will sure be a used unit from China (as I live in the Philippines), but how reliable are the mners if they have been used for lke 2 years already (I dont know when they were brought into the market).
I prefer the A10 Pro because besides ETH I can mine other coins too if in the future the market will turn.
So I just ask you, if you would consider it a good invest for the next 2-3 years if I would be ok in earning like 6K$ per year.
I did some LTC mining 10+ years ago but now I have solar on my roof and can spare up to 1500W for mining. Thus my electricity will be less than 0.1$ per KWh
I consider buying either the Innosilicon A10Pro or the Pro+ Version. It will sure be a used unit from China (as I live in the Philippines), but how reliable are the mners if they have been used for lke 2 years already (I dont know when they were brought into the market).
I prefer the A10 Pro because besides ETH I can mine other coins too if in the future the market will turn.
So I just ask you, if you would consider it a good invest for the next 2-3 years if I would be ok in earning like 6K$ per year.
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