For most ASICs is only way to be profitable. With GPU/CPU sadly with electricity and if you go big enough heat removal there is little or no profit left.
asic scrypt are reaching the electricity point for gpu too
Topic: is scrypt mining worth it? (Read 1419 times)
asic scrypt are reaching the electricity point for gpu too
For most ASICs is only way to be profitable. With GPU/CPU sadly with electricity and if you go big enough heat removal there is little or no profit left.
150kH is too small. You cannot make profit if you add up the cost of other hardware.
I hate to say it but I found a rather stupid error in my calcs. Got a clue as to what the answer should be on website at http://cryp.today/. Not really expecting profit with 150 KH/s. Looking for potential for profit. Still working on projections but making more sense now that stupid mistake is corrected.
Haven't looked at power costs yet. Looking for advice on mining hardware that's reasonably efficient with watts and affordable upfront for small time at home miner.
Haven't looked at power costs yet. Looking for advice on mining hardware that's reasonably efficient with watts and affordable upfront for small time at home miner.
You can't make profit with 70KH/s. You need more MH/s for some profit.
I bought a dual miner, 70 KH/s to see what could be expected from scrypt mining. Also put some cpus running Linux and minerd online and pointed all of my impressive 150 KH/s at clevermining that auto switches to most profitable scrypt coins. Payout is in Bitcoin. Payout has been very small. I don't see how anyone can do this at a profit. Am I missing something?
I already mine Bitcoin with some antminer S1s and initially tested the waters with a U1+ antminer. The U1+ had no ROI worth mentioning but showed the potential for more powerful mining equipment. The S1s are showing enough potential to buy some S3s. I'm not seeing the same potential in scrypt mining. So many are doing it, I'm thinking I must be missing something. I want to understand how to approach scrypt mining or maybe just leave it to others. Any help? I've only looked at gridseed miners because they look affordable. Is there better hardware to start small with that will show some potential?
I already mine Bitcoin with some antminer S1s and initially tested the waters with a U1+ antminer. The U1+ had no ROI worth mentioning but showed the potential for more powerful mining equipment. The S1s are showing enough potential to buy some S3s. I'm not seeing the same potential in scrypt mining. So many are doing it, I'm thinking I must be missing something. I want to understand how to approach scrypt mining or maybe just leave it to others. Any help? I've only looked at gridseed miners because they look affordable. Is there better hardware to start small with that will show some potential?
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