lol. GPUs are more profitable lol.
A lot more profitable. I bought two L3 + in March, worse mistake i made in a while my three GPU rigs make more i should have bought two Vega 56's in stead . from what i see buying there new L4 or whatever they call it won't be worth the 1.5, 2 or 3k they may charge for it used unless it does some thing like 3 or 4 GH/S because 1.5 GH won't last long an is just another Ripe Job coming selling them at 1.5, 2 or 3 k @ 1.5 GH .
it also depends on how much power that 1.5 GH miner uses it can possible be worse.
1.5 GH 7 bucks a day no power usage added on
3 GH 16 bucks a day no power usage added on >>>>>>>>>>>>>>>>>>>> we don't know yet what the power usage is.
4 GH 22 bucks a day no power usage added on
but the fools will pay it thinking they got some thing me included, I hope i don't and unless the community as a whole fights back, butmain will keep doing it .
Plus no one should be fooled into to thinking it cost them a ton to make gear,it doesn't .
Best post I've read in here in a long time. This guy "gets it". Set your metrics and STICK with them. Mine....If I can't recoup my investment in 6 months or less on ASIC, I DON'T BUY. In reality, 6 months is at the extreme end of my comfort level. I have only bought 1 or 2 units at that end of my tolerance. Sure some people say...." 6 MONTHS?! That's an amazing return on investment compared to other businesses!". Well....this isn't like other businesses. For the very reasons our friend pointed out in this post. The harsh truth is, he's right. Even the newer releases will not be overly compelling. Unless you are going at huge scale. By that I mean 1000 units or more. Prediction; A LOT of people and groups that are "all in" on mining and expanding and scaling at too fast a pace will be going broke in the next 6-12 months. There are TONS of entities, that are bringing in investors and "fast money" to finance their dreams. They pay WAY to much for infrastructure, WAY too much for Hardware and WAY too much for RMA. Their bodies will soon be all over the place. Soon people will talk about mining with the same disdain as they talk about cancer. Then and only THEN, will it be time to get into mining. Mark my words....
yep...always knew I'd be at the wrong end of miner buying someday...I can only be lucky as a big miner for so many years...seems it is back to hobby mining...(a
couple of some ASIC flavor coin in the basement for fun and heat in the winter maybe only). But went like 6 L3+'s too far this last early spring...oh well, It was
a good run from 2013 to spring of 2018 and ROI'ing on everything...but looking with Bitmain...that IF the price and difficulty wipe out ALL miners, then their
own and any miners they may have on deck (the supposed 1.5gh L3+) well if it is just Bitmain being able to mine pow-scrypt all Summer of 2018 only....because
all other pow-scrypt previous units have been wiped off the earth and unminable....well...I sure am not gonna be much of a pow-scrypt coin supporter..watching
Bitmain makes dough all Summer on say (supposed) new miner with a pre-offer order for the rest of us in late fall 2018. Hell, I'll buy a bunch of LISK (pos staking coin)
and walk away completely first...(why do I feel this is very likely how this is gonna fly?) Hope I am wrong...but not gonna play their pump them out for their own use on
pre-order game and then pump them out like toasters after the fact game anymore..I'm out likely...