Is every one getting ASIC ? - page 3.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: Jennifer Smith on September 26, 2013, 03:08:46 PM

If you have free electricity, you can try mining with a graphics card, but the probability of success will be quite low. You can still join a pool, but your returns are expected to diminish greatly over time. That is, of course, unless you have a unthinkable number of graphics cards that you picked up for free as well.

Yes, free electricity and free very expensive graphic cards, otherwise not worth the time.

Jennifer Smith

newbie

Activity: 19

Merit: 0

If you have free electricity, you can try mining with a graphics card, but the probability of success will be quite low. You can still join a pool, but your returns are expected to diminish greatly over time. That is, of course, unless you have a unthinkable number of graphics cards that you picked up for free as well.

Chrismon

newbie

Activity: 46

Merit: 0

What if you use graphic card to mine with free electric?

CEG5952

hero member

Activity: 658

Merit: 500

Buy and sell bitcoins,

no way, i don't bother mining bitcoin anymore.... Undecided

just investing.....

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: aznatama on September 25, 2013, 03:42:20 PM

AMD 7850 graphic card
$130 for ~400 MH/s

USB Erupter (ASIC)
$18 for ~333 MH/s

What do you think?

Plus electricity costs.

rpg

hero member

Activity: 728

Merit: 500

Quote from: aznatama on September 25, 2013, 04:26:21 PM

I still don't get how a GPU miner at maybe $80 used for 400MH/s is better than a $18 ASIC miner that runs at 333 MH/s??

$200/GH vs. $54/GH

How do you justify the GPU being cheaper? Even if you resell the GPU, you would eat at least the $54/GH ASIC cost in depreciation. GPUs use a lot more power as well.

This is all assuming you're mining a SHA-256 coin.

because you're mining ALTs at 4 times++++ BTC profitability. Next BTC diff is 200 million and who knows what the next will be, perhaps 260 million. A USB Eruptor will give you 0.00007513 BTC per day. With a 400 Meg GPU you make .01 BTC per day. Get the point? ASIC are out of ALTs (so far)

aznatama

full member

Activity: 167

Merit: 100

I still don't get how a GPU miner at maybe $80 used for 400MH/s is better than a $18 ASIC miner that runs at 333 MH/s??

$200/GH vs. $54/GH

How do you justify the GPU being cheaper? Even if you resell the GPU, you would eat at least the $54/GH ASIC cost in depreciation. GPUs use a lot more power as well.

This is all assuming you're mining a SHA-256 coin.

Carabudala

newbie

Activity: 22

Merit: 0

+1 to GPU(scrypt) mining.
Don't buy ASIC and NEVER preorder ASIC. There is guys who got their BFL with an year delay, so their only hope to make partitial ROI is to sell them...

rpg

hero member

Activity: 728

Merit: 500

Quote from: aznatama on September 25, 2013, 03:50:14 PM

Some ASICs are already shipping and available immediately.

You'll have to do your own ROI calculations depending on your own situation to determine if it's worth it to you.

"Standard" rigs are only useful for non SHA-256 coins, since all the ASIC chips in development/available today are for SHA-256 coins.

you'll never recover your money from all ASIC being shipped today. ASIC are only good for the people selling them. Think how many thousands of ASICMiner eruptors were sold at 2 BTC. Those people will never recover their money, but the people selling them are still laughing on their way to the bank. If you want to buy a ASIC to run as a hobby fine. If you're thinking in making money forget it.

The only profitable (about $10 or $20 a month per Gig) are the GPU miners. You can buy cheap used ones from gamer's on craigslist (if you're in the US). Don't buy new or you'll never recover your money

aznatama

full member

Activity: 167

Merit: 100

Some ASICs are already shipping and available immediately.

You'll have to do your own ROI calculations depending on your own situation to determine if it's worth it to you.

"Standard" rigs are only useful for non SHA-256 coins, since all the ASIC chips in development/available today are for SHA-256 coins.

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Quote from: aznatama on September 25, 2013, 03:42:20 PM

AMD 7850 graphic card
$130 for ~400 MH/s

USB Erupter (ASIC)
$18 for ~333 MH/s

What do you think?

I think the 7850 is the only option with any hope of ROI.

So I would take the GPU over the ASIC.

rpg

hero member

Activity: 728

Merit: 500

Quote from: Gladdy on September 25, 2013, 03:13:32 PM

Or normal rig ?

ASICs are only good for the people selling them. The current on the market have no ROI, the future will have no ROI once they start shipping

aznatama

full member

Activity: 167

Merit: 100

AMD 7850 graphic card
$130 for ~400 MH/s

USB Erupter (ASIC)
$18 for ~333 MH/s

What do you think?

Gladdy

sr. member

Activity: 318

Merit: 250

graphic card in CPU

pacojones

full member

Activity: 126

Merit: 100

What's a "normal rig"?

Gladdy

sr. member

Activity: 318

Merit: 250

Or normal rig ?

Topic: Is every one getting ASIC ? - page 3. (Read 2248 times)