I wonder what people think of the following I dragged from a vertocoin thread:
"[–]D4wn0ff473 7 points 4 days ago*
First of all these asics are jokes. The hash power for both btc and ltc is not worth the price. The only thing that makes them worth the price is the 7w of power usage for 300Kh/s on solo scrypt ventures, but the 8gh/s for btc mining at 100w is not going to make a dent in the current pedohash network power. Even going after other 256 coins on the btc side would not be worth it because most of those networks are already drowning in asics and fpgas. Even if you had a a couple hundred of them you would still not be making a decent enough dent to have roi ever especially with the current price.
But alpha technologies has 5mh/s and 25mh/s scrypt asics that will be shipping in a few months. Not to mention that sluicebit has 2 and 4 mh/s scrypt fpga's that will be shipping soon. The game will soon be over for scrypt coins with no differential built in like vert does. But I really feel bad for the people who wasted and will waste their money on these asics. The company obviously saw the train coming of the larger asics and fpgas so they sped up dev to get these out as fast as possible. They will be outdated and worhtless in a few months and the owners will never have a chance to make the majority of their money back."
Discuss.
"[–]D4wn0ff473 7 points 4 days ago*
First of all these asics are jokes. The hash power for both btc and ltc is not worth the price. The only thing that makes them worth the price is the 7w of power usage for 300Kh/s on solo scrypt ventures, but the 8gh/s for btc mining at 100w is not going to make a dent in the current pedohash network power. Even going after other 256 coins on the btc side would not be worth it because most of those networks are already drowning in asics and fpgas. Even if you had a a couple hundred of them you would still not be making a decent enough dent to have roi ever especially with the current price.
But alpha technologies has 5mh/s and 25mh/s scrypt asics that will be shipping in a few months. Not to mention that sluicebit has 2 and 4 mh/s scrypt fpga's that will be shipping soon. The game will soon be over for scrypt coins with no differential built in like vert does. But I really feel bad for the people who wasted and will waste their money on these asics. The company obviously saw the train coming of the larger asics and fpgas so they sped up dev to get these out as fast as possible. They will be outdated and worhtless in a few months and the owners will never have a chance to make the majority of their money back."
Discuss.
who buys these miners, dont buy them for BTC, if u buy them for BTC ... u're a joke Smiley
there is nothing to discuss, no one is forcing you to buy
