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Topic: LIGHTNINGASIC LA100M,100MHS SCRYPT Miner, USD1999; LA1THS, USD1750.shipped out! - page 24. (Read 309063 times)

full member
Activity: 168
Merit: 100
Does anyone receive the small scrypt miner 30 mahz?


many customers did , they just didnt posted  Smiley
nothing received, 15 days from my order, no compensation received. Only promises


please contact jack on skype , username altcoin (be careful, there are scammers using altcoin, altcoin. and so on)
sr. member
Activity: 326
Merit: 250
Does anyone receive the small scrypt miner 30 mahz?


many customers did , they just didnt posted  Smiley
nothing received, 15 days from my order, no compensation received. Only promises
legendary
Activity: 986
Merit: 1000
Crypto Currency , Mining, Exchange ATM, Wallet!
Does anyone receive the small scrypt miner 30 mahz?


many customers did , they just didnt posted  Smiley

Are you sold out of the other scrypt miners? They are no longer on the website.
every 2 weeks, need to renew it.now, its up .
legendary
Activity: 986
Merit: 1000
Crypto Currency , Mining, Exchange ATM, Wallet!

If you give me a % of your proceeds I'll advise you or manage your server for you. I can get you over $100/day off that hash  NO PROBLEM!!

ps: this is your skype friend in the U.S.

Okay, enough folks have PM'd me that I am convinced I should be doing a lot better.  I am going to try to tweak the LA90M, try another pool, and then have a proposal for you (jjj0923) at the end of the post...

First off, I don't think the stats page on wemineall is correct.  I have actually received about .10 BTC per day.  Still too low, but better than .08.  I also note that the wemineall stats/pool page says that the pool on average is only earning .000898 BTC per day per Mhs which seems consistent with the estimate on the rankings page for me, but still much lower than Multipool is claiming (0.00281766 per Mhs per day or about .233 BTC/day which seems more consistent with what everyone else is telling me).  So I am putting it on Multipool to see if my results get a lot better.  If I can get .233 BTC/day on multipool, does anyone still think they can do better?  jjj0923?

Part of the issue might also be that I need to tweak the LA90M.  A few things on the stats page after running for 2 days look suspect.  Here are the relevant stats if anyone can comment on what I should focus on:
Hash rate (machine side): 87.38 Mh/s
Hash rate (pool side reported by LA90M): 82.77 Mh/s
Accepted: 198,721
Rejected: 1,121 (seems okay)
Hardware Errors: 15876 (seems high, but could be a network issue on my end - will need to put on another router to test)
Utility: 51.78/m (this seems a little low; I am getting a utility of 8-9.9/m on a Gridseed blade 5.8 Mh/s system hosted by GAW, so this seems to indicate an issue, though difficulties are very different 256 on gridseeds vs 1,500 on the LA90M (both set by Vardiff))
Discarded: 6,445 (seems okay)
Get Failures: 9 (seems okay, indicates that pool server is not the fault?)
Remote Failures: 6 (seems okay, indicates that pool server is not the fault?)
Work Utility: 75,782 (a little low - should be above 90% of hash rate, or about 78,000+)
Device hardware: 0.01% (good)
Device rejected: .55% (good?)
Pool rejected: .57% (good?)
Pool stale: .06% (good)

My plan right now is to move the server to a location right next to my firewall/router and eliminate any LAN issues that way.  I am also going to upgrade to the latest firmware and then watch to see if stats improve.  Would be interested what others are seeing on the LA90M (or any other A2 based hashers).

Okay, now to the proposal (after I get everything working as well as possible tonight/tomorrow).  jjj0923 this is for you to consider or I will open it up to anyone with good reputation who is interested if he declines.  It is an interesting experiment multipool versus human!!

(1) After doing my best to tweak the LA90M on my LAN and running for 24 hours, I will record the poolside hash rate as reported by the LA90M as the base hash rate (B).

(2) I will mine on multipool.us for 24 hours, with no other scrypt miner on that pool.  Multipool will compute my 24 hour scrypt profitability as BTC per Mh/s per day.  This will be to ensure that the actual profitability I am getting tracks with the Multipool overall profitability (reported on the home page once you log in, for all hashing not specific to my miner).  The ratio of my actual profitability over the Multipool reported profitability will be used as an adjustment factor (R) in case multipool is overreporting profitability.

(3) Baseline Calc: Multipool's public reported profitability (BTC per Mhs per the 10 day period) * R * B = Expected Multipool proft baseline.  The idea is to see if any human can beat this over a 10 day period, and if so by how much!  Note that the Baseline can only be determined after the 10 days is up!

(4) Starting at 0:00 UTC (so we match up with Multipools 10 day reporting period for computing the baseline), I will give VPN access to the miner to the challenger and we can both calculate the Baseline at that point.   The challenger will need to make sure to keep records each worker and each pool for verification, as well as records of coin trading from the relevant scrypt into BTC .. All resulting profits in BTC should be transferred least once per day into my BTC address (or if desired we can use an escrow member to hold the BTC for the contest duration - though really both of us are having to trust each other since the challenger will be mining on his/her own pool accounts with my miner! but I am open to escrow if desired).

(5) After 10 days I take back control of the LA90M, and we calculate the Baseline and compare the actual profits achieved versus the Baseline.  Any pending blocks should be allowed to mature and coins traded for BTC, so probably another 24 hours before results are final (the Multipool numbers include pending block rewards, so apples to apples).  

(6) I will give the challenger two options (to be chosen before the experiment starts):

Option 1: 110% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 100% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, I want to learn so I expect some education on how to pick coins, etc. for my own use only.

Option 2: 50% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 50% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, the Challenger can keep his secrets.

In either case, the challenger can always give up and put the LA90M back on Multipool.us before the 10 days is up, essentially admitting early defeat but limiting his losses (and mine).  And in either case, we both agree to publish the results (good or bad) in a new post.

Takers?  jjj?

what pool did you use?
thats great new.
you join the pre-order of LA15M. then we upgrade to LA90M to you, same price. just ship out delayed 3 weeks.this protect your investment.
enjoy your LA90M.
sr. member
Activity: 252
Merit: 250

If you give me a % of your proceeds I'll advise you or manage your server for you. I can get you over $100/day off that hash  NO PROBLEM!!

ps: this is your skype friend in the U.S.

Okay, enough folks have PM'd me that I am convinced I should be doing a lot better.  I am going to try to tweak the LA90M, try another pool, and then have a proposal for you (jjj0923) at the end of the post...

First off, I don't think the stats page on wemineall is correct.  I have actually received about .10 BTC per day.  Still too low, but better than .08.  I also note that the wemineall stats/pool page says that the pool on average is only earning .000898 BTC per day per Mhs which seems consistent with the estimate on the rankings page for me, but still much lower than Multipool is claiming (0.00281766 per Mhs per day or about .233 BTC/day which seems more consistent with what everyone else is telling me).  So I am putting it on Multipool to see if my results get a lot better.  If I can get .233 BTC/day on multipool, does anyone still think they can do better?  jjj0923?

Part of the issue might also be that I need to tweak the LA90M.  A few things on the stats page after running for 2 days look suspect.  Here are the relevant stats if anyone can comment on what I should focus on:
Hash rate (machine side): 87.38 Mh/s
Hash rate (pool side reported by LA90M): 82.77 Mh/s
Accepted: 198,721
Rejected: 1,121 (seems okay)
Hardware Errors: 15876 (seems high, but could be a network issue on my end - will need to put on another router to test)
Utility: 51.78/m (this seems a little low; I am getting a utility of 8-9.9/m on a Gridseed blade 5.8 Mh/s system hosted by GAW, so this seems to indicate an issue, though difficulties are very different 256 on gridseeds vs 1,500 on the LA90M (both set by Vardiff))
Discarded: 6,445 (seems okay)
Get Failures: 9 (seems okay, indicates that pool server is not the fault?)
Remote Failures: 6 (seems okay, indicates that pool server is not the fault?)
Work Utility: 75,782 (a little low - should be above 90% of hash rate, or about 78,000+)
Device hardware: 0.01% (good)
Device rejected: .55% (good?)
Pool rejected: .57% (good?)
Pool stale: .06% (good)

My plan right now is to move the server to a location right next to my firewall/router and eliminate any LAN issues that way.  I am also going to upgrade to the latest firmware and then watch to see if stats improve.  Would be interested what others are seeing on the LA90M (or any other A2 based hashers).

Okay, now to the proposal (after I get everything working as well as possible tonight/tomorrow).  jjj0923 this is for you to consider or I will open it up to anyone with good reputation who is interested if he declines.  It is an interesting experiment multipool versus human!!

(1) After doing my best to tweak the LA90M on my LAN and running for 24 hours, I will record the poolside hash rate as reported by the LA90M as the base hash rate (B).

(2) I will mine on multipool.us for 24 hours, with no other scrypt miner on that pool.  Multipool will compute my 24 hour scrypt profitability as BTC per Mh/s per day.  This will be to ensure that the actual profitability I am getting tracks with the Multipool overall profitability (reported on the home page once you log in, for all hashing not specific to my miner).  The ratio of my actual profitability over the Multipool reported profitability will be used as an adjustment factor (R) in case multipool is overreporting profitability.

(3) Baseline Calc: Multipool's public reported profitability (BTC per Mhs per the 10 day period) * R * B = Expected Multipool proft baseline.  The idea is to see if any human can beat this over a 10 day period, and if so by how much!  Note that the Baseline can only be determined after the 10 days is up!

(4) Starting at 0:00 UTC (so we match up with Multipools 10 day reporting period for computing the baseline), I will give VPN access to the miner to the challenger and we can both calculate the Baseline at that point.   The challenger will need to make sure to keep records each worker and each pool for verification, as well as records of coin trading from the relevant scrypt into BTC .. All resulting profits in BTC should be transferred least once per day into my BTC address (or if desired we can use an escrow member to hold the BTC for the contest duration - though really both of us are having to trust each other since the challenger will be mining on his/her own pool accounts with my miner! but I am open to escrow if desired).

(5) After 10 days I take back control of the LA90M, and we calculate the Baseline and compare the actual profits achieved versus the Baseline.  Any pending blocks should be allowed to mature and coins traded for BTC, so probably another 24 hours before results are final (the Multipool numbers include pending block rewards, so apples to apples).  

(6) I will give the challenger two options (to be chosen before the experiment starts):

Option 1: 110% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 100% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, I want to learn so I expect some education on how to pick coins, etc. for my own use only.

Option 2: 50% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 50% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, the Challenger can keep his secrets.

In either case, the challenger can always give up and put the LA90M back on Multipool.us before the 10 days is up, essentially admitting early defeat but limiting his losses (and mine).  And in either case, we both agree to publish the results (good or bad) in a new post.

Takers?  jjj?

what pool did you use?
hero member
Activity: 1218
Merit: 500
BintexFutures

If you give me a % of your proceeds I'll advise you or manage your server for you. I can get you over $100/day off that hash  NO PROBLEM!!

ps: this is your skype friend in the U.S.

Okay, enough folks have PM'd me that I am convinced I should be doing a lot better.  I am going to try to tweak the LA90M, try another pool, and then have a proposal for you (jjj0923) at the end of the post...

First off, I don't think the stats page on wemineall is correct.  I have actually received about .10 BTC per day.  Still too low, but better than .08.  I also note that the wemineall stats/pool page says that the pool on average is only earning .000898 BTC per day per Mhs which seems consistent with the estimate on the rankings page for me, but still much lower than Multipool is claiming (0.00281766 per Mhs per day or about .233 BTC/day which seems more consistent with what everyone else is telling me).  So I am putting it on Multipool to see if my results get a lot better.  If I can get .233 BTC/day on multipool, does anyone still think they can do better?  jjj0923?

Part of the issue might also be that I need to tweak the LA90M.  A few things on the stats page after running for 2 days look suspect.  Here are the relevant stats if anyone can comment on what I should focus on:
Hash rate (machine side): 87.38 Mh/s
Hash rate (pool side reported by LA90M): 82.77 Mh/s
Accepted: 198,721
Rejected: 1,121 (seems okay)
Hardware Errors: 15876 (seems high, but could be a network issue on my end - will need to put on another router to test)
Utility: 51.78/m (this seems a little low; I am getting a utility of 8-9.9/m on a Gridseed blade 5.8 Mh/s system hosted by GAW, so this seems to indicate an issue, though difficulties are very different 256 on gridseeds vs 1,500 on the LA90M (both set by Vardiff))
Discarded: 6,445 (seems okay)
Get Failures: 9 (seems okay, indicates that pool server is not the fault?)
Remote Failures: 6 (seems okay, indicates that pool server is not the fault?)
Work Utility: 75,782 (a little low - should be above 90% of hash rate, or about 78,000+)
Device hardware: 0.01% (good)
Device rejected: .55% (good?)
Pool rejected: .57% (good?)
Pool stale: .06% (good)

My plan right now is to move the server to a location right next to my firewall/router and eliminate any LAN issues that way.  I am also going to upgrade to the latest firmware and then watch to see if stats improve.  Would be interested what others are seeing on the LA90M (or any other A2 based hashers).

Okay, now to the proposal (after I get everything working as well as possible tonight/tomorrow).  jjj0923 this is for you to consider or I will open it up to anyone with good reputation who is interested if he declines.  It is an interesting experiment multipool versus human!!

(1) After doing my best to tweak the LA90M on my LAN and running for 24 hours, I will record the poolside hash rate as reported by the LA90M as the base hash rate (B).

(2) I will mine on multipool.us for 24 hours, with no other scrypt miner on that pool.  Multipool will compute my 24 hour scrypt profitability as BTC per Mh/s per day.  This will be to ensure that the actual profitability I am getting tracks with the Multipool overall profitability (reported on the home page once you log in, for all hashing not specific to my miner).  The ratio of my actual profitability over the Multipool reported profitability will be used as an adjustment factor (R) in case multipool is overreporting profitability.

(3) Baseline Calc: Multipool's public reported profitability (BTC per Mhs per the 10 day period) * R * B = Expected Multipool proft baseline.  The idea is to see if any human can beat this over a 10 day period, and if so by how much!  Note that the Baseline can only be determined after the 10 days is up!

(4) Starting at 0:00 UTC (so we match up with Multipools 10 day reporting period for computing the baseline), I will give VPN access to the miner to the challenger and we can both calculate the Baseline at that point.   The challenger will need to make sure to keep records each worker and each pool for verification, as well as records of coin trading from the relevant scrypt into BTC .. All resulting profits in BTC should be transferred least once per day into my BTC address (or if desired we can use an escrow member to hold the BTC for the contest duration - though really both of us are having to trust each other since the challenger will be mining on his/her own pool accounts with my miner! but I am open to escrow if desired).

(5) After 10 days I take back control of the LA90M, and we calculate the Baseline and compare the actual profits achieved versus the Baseline.  Any pending blocks should be allowed to mature and coins traded for BTC, so probably another 24 hours before results are final (the Multipool numbers include pending block rewards, so apples to apples).  

(6) I will give the challenger two options (to be chosen before the experiment starts):

Option 1: 110% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 100% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, I want to learn so I expect some education on how to pick coins, etc. for my own use only.

Option 2: 50% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 50% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, the Challenger can keep his secrets.

In either case, the challenger can always give up and put the LA90M back on Multipool.us before the 10 days is up, essentially admitting early defeat but limiting his losses (and mine).  And in either case, we both agree to publish the results (good or bad) in a new post.

Takers?  jjj?

today my 90 mhash of scrypt earned me 0.36 minus pool fees.
sr. member
Activity: 434
Merit: 254

If you give me a % of your proceeds I'll advise you or manage your server for you. I can get you over $100/day off that hash  NO PROBLEM!!

ps: this is your skype friend in the U.S.

Okay, enough folks have PM'd me that I am convinced I should be doing a lot better.  I am going to try to tweak the LA90M, try another pool, and then have a proposal for you (jjj0923) at the end of the post...

First off, I don't think the stats page on wemineall is correct.  I have actually received about .10 BTC per day.  Still too low, but better than .08.  I also note that the wemineall stats/pool page says that the pool on average is only earning .000898 BTC per day per Mhs which seems consistent with the estimate on the rankings page for me, but still much lower than Multipool is claiming (0.00281766 per Mhs per day or about .233 BTC/day which seems more consistent with what everyone else is telling me).  So I am putting it on Multipool to see if my results get a lot better.  If I can get .233 BTC/day on multipool, does anyone still think they can do better?  jjj0923?

Part of the issue might also be that I need to tweak the LA90M.  A few things on the stats page after running for 2 days look suspect.  Here are the relevant stats if anyone can comment on what I should focus on:
Hash rate (machine side): 87.38 Mh/s
Hash rate (pool side reported by LA90M): 82.77 Mh/s
Accepted: 198,721
Rejected: 1,121 (seems okay)
Hardware Errors: 15876 (seems high, but could be a network issue on my end - will need to put on another router to test)
Utility: 51.78/m (this seems a little low; I am getting a utility of 8-9.9/m on a Gridseed blade 5.8 Mh/s system hosted by GAW, so this seems to indicate an issue, though difficulties are very different 256 on gridseeds vs 1,500 on the LA90M (both set by Vardiff))
Discarded: 6,445 (seems okay)
Get Failures: 9 (seems okay, indicates that pool server is not the fault?)
Remote Failures: 6 (seems okay, indicates that pool server is not the fault?)
Work Utility: 75,782 (a little low - should be above 90% of hash rate, or about 78,000+)
Device hardware: 0.01% (good)
Device rejected: .55% (good?)
Pool rejected: .57% (good?)
Pool stale: .06% (good)

My plan right now is to move the server to a location right next to my firewall/router and eliminate any LAN issues that way.  I am also going to upgrade to the latest firmware and then watch to see if stats improve.  Would be interested what others are seeing on the LA90M (or any other A2 based hashers).

Okay, now to the proposal (after I get everything working as well as possible tonight/tomorrow).  jjj0923 this is for you to consider or I will open it up to anyone with good reputation who is interested if he declines.  It is an interesting experiment multipool versus human!!

(1) After doing my best to tweak the LA90M on my LAN and running for 24 hours, I will record the poolside hash rate as reported by the LA90M as the base hash rate (B).

(2) I will mine on multipool.us for 24 hours, with no other scrypt miner on that pool.  Multipool will compute my 24 hour scrypt profitability as BTC per Mh/s per day.  This will be to ensure that the actual profitability I am getting tracks with the Multipool overall profitability (reported on the home page once you log in, for all hashing not specific to my miner).  The ratio of my actual profitability over the Multipool reported profitability will be used as an adjustment factor (R) in case multipool is overreporting profitability.

(3) Baseline Calc: Multipool's public reported profitability (BTC per Mhs per the 10 day period) * R * B = Expected Multipool proft baseline.  The idea is to see if any human can beat this over a 10 day period, and if so by how much!  Note that the Baseline can only be determined after the 10 days is up!

(4) Starting at 0:00 UTC (so we match up with Multipools 10 day reporting period for computing the baseline), I will give VPN access to the miner to the challenger and we can both calculate the Baseline at that point.   The challenger will need to make sure to keep records each worker and each pool for verification, as well as records of coin trading from the relevant scrypt into BTC .. All resulting profits in BTC should be transferred least once per day into my BTC address (or if desired we can use an escrow member to hold the BTC for the contest duration - though really both of us are having to trust each other since the challenger will be mining on his/her own pool accounts with my miner! but I am open to escrow if desired).

(5) After 10 days I take back control of the LA90M, and we calculate the Baseline and compare the actual profits achieved versus the Baseline.  Any pending blocks should be allowed to mature and coins traded for BTC, so probably another 24 hours before results are final (the Multipool numbers include pending block rewards, so apples to apples).  

(6) I will give the challenger two options (to be chosen before the experiment starts):

Option 1: 110% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 100% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, I want to learn so I expect some education on how to pick coins, etc. for my own use only.

Option 2: 50% of the profits that are in excess of the Baseline over the entire 10 day period; but Challenger pays me 50% of the amount by which profits were UNDER the Baseline if he fails to achieve parity with Multipool.us.  Under this option, the Challenger can keep his secrets.

In either case, the challenger can always give up and put the LA90M back on Multipool.us before the 10 days is up, essentially admitting early defeat but limiting his losses (and mine).  And in either case, we both agree to publish the results (good or bad) in a new post.

Takers?  jjj?
full member
Activity: 168
Merit: 100
Does anyone receive the small scrypt miner 30 mahz?


many customers did , they just didnt posted  Smiley
legendary
Activity: 2408
Merit: 1004
Does anyone receive the small scrypt miner 30 mahz?
hero member
Activity: 1218
Merit: 500
BintexFutures
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.

hard to say, it's been a lot of wheeling and dealing. Buying stuff, mining it for a bit selling it on, buying more powerful stuff, mining it a bit, selling it on. Bulk buying large amounts of kit and selling half of it off for small profit instantly.

I have GPU, Gridseed 5 chip, gridseed blades and innosilicon A2 in a mix.

Today you could buy 3 x 90 Mhash A2 terminator for 30K so that would be 270 Mhash Scrypt for 30K 1.09 BTC / day



Dang, I'm not even close to having $30k to invest and reinvest.

Much respect for the heads up.

I found buying stuff, mining for a month then selling on ebay for more than i bought worked really well, especially as hash costs had dropped in the month since I bought, so with the ebay money I bought more hash power and kept the coins i had mined. This was before before the big crash. Demand has dropped a lot on ebay since prices have gone down so its not been so easy to keep getting bigger
legendary
Activity: 1270
Merit: 1000

what Huh?

I make $44/day off 28 mhs  

sumting wong! LOL


That is about as good as I have found for coin switching pools.  Of course you can do better mining a single coin - lots better, or possibly lots worse.

I am working on setting up 10 miners (btc and scrypt), a full time job, kids, etc. and devoting hours every day to researching coins ... All I can say is I will do it when I can.  In the meantime, coin switching pools provide stable (if paltry) income.

If there is a better coin switching pool, I am all ears!!
^emphasis mine.

That's the problem...in order to make a fast ROI you need to almost make mining a full time job...reaching the right coins and selling at the right time. I too am operating purely on profits made from GPU scrypt mining but have not had the time to research alternatives to scrypt. Loosing out there.

I tend to hold all my coins...only selling when necessary to purchase new equipment. Not the safest way to cover ROI but when a coin hits it can hit hard...even then I tend to hoard Smiley

It is a hard game so anyone making the investment should know that going in.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.

hard to say, it's been a lot of wheeling and dealing. Buying stuff, mining it for a bit selling it on, buying more powerful stuff, mining it a bit, selling it on. Bulk buying large amounts of kit and selling half of it off for small profit instantly.

I have GPU, Gridseed 5 chip, gridseed blades and innosilicon A2 in a mix.

Today you could buy 3 x 90 Mhash A2 terminator for 30K so that would be 270 Mhash Scrypt for 30K 1.09 BTC / day



Dang, I'm not even close to having $30k to invest and reinvest.

Much respect for the heads up.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.

If you were to purchase that much hashpower now you're looking at ~$25k + misc expenses (racks, cables, switches, ISPs, cooling, ventilation etc)

So let's say for arguments sake $30,000 to setup.

@$507 for 0.973 BTC/Day that about 60 days give or take a few to ROI....not that bad, but that's quite alot of dough just to break even.

You do have to add in your monthly costs on top of that.

Rent, HVAC, ISPs and the time for whoever admins miners.

+ the variance of price (what if it drops? or what if it goes up?)

I would say a safer and more realistic break even is 90 - everything after that I would say profit.

More than just speculation, I'm running a mini-farm now for over a year so I have a bit more experience than just numbers and guesstimates.

With that said, once the Scrypt miners get listed again with a price drop (Its the same price as 2 weeks ago, thats a lot of wasted money) I'll probably add 2 or 3 of these then lease out the hash rates for people who like smaller hosting packages. Smiley

Oh man, that's quite an investment.  Makes my paltry investment with a handful of Ant S1s a few months ago seem like peanuts.

90 days is quite a long time in mining.  Thanks for all the information, dude.   Smiley
hero member
Activity: 1218
Merit: 500
BintexFutures
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.

hard to say, it's been a lot of wheeling and dealing. Buying stuff, mining it for a bit selling it on, buying more powerful stuff, mining it a bit, selling it on. Bulk buying large amounts of kit and selling half of it off for small profit instantly.

I have GPU, Gridseed 5 chip, gridseed blades and innosilicon A2 in a mix.

Today you could buy 3 x 90 Mhash A2 terminator for 30K so that would be 270 Mhash Scrypt for 30K 1.09 BTC / day

hero member
Activity: 1372
Merit: 783
better everyday ♥
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.

If you were to purchase that much hashpower now you're looking at ~$25k + misc expenses (racks, cables, switches, ISPs, cooling, ventilation etc)

So let's say for arguments sake $30,000 to setup.

@$507 for 0.973 BTC/Day that about 60 days give or take a few to ROI....not that bad, but that's quite alot of dough just to break even.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day



How much did that all cost you to get to 230 MH/s?  Just trying to do some research.
hero member
Activity: 1218
Merit: 500
BintexFutures
I have 230 Mhash Scrypt.

At the moment it earns me 0.973 BTC / Day

legendary
Activity: 2128
Merit: 1119
If you are just now getting into Scrypt mining...you already missed the train by about 8 months...

That's the attitude!  Roll Eyes

Maybe you meant:

If you are just now getting into Scrypt mining for pure profit and greed...you already missed the train by about 8 months...

Also yes I went large for profit, but I also do a lot of other stuff to help LTC...so not just greedy.

I disagree - there are great opportunities out there you just have to spend the time researching....

that guy should take his hash over to ltcrabbit.com - he'd get paid a lot more...


ps: I know you want to discourage new mining competitors : LOL


I do not mine Scrypt anymore I am back and fourth on Scrypt-N and X11... so by all means mine more  Tongue
hero member
Activity: 1218
Merit: 500
BintexFutures
Definitely, please no one buy scrypt miners........
hero member
Activity: 1372
Merit: 783
better everyday ♥
WOw, guess avoid Scrypt mining at all costs right now!   Shocked

$44/day on a +$10,000 investment, over 255 days to ROI....

That sucks, man.    Sad

yes  - STAY WITH BTC!!!

lol

Thanks for the heads up, man!   Grin

No advantage to scrypt mining whatsoever.  At least you have a slim chance at ROI with BTC buying miners at the right price.  Scrypt, nada.  BTC mining is the way to go for now it seems.
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