let the gamers get their GPU
I'm not going to lie, I have considered it from time to time. However..... The problem I have with ASICS its a one way ticket for hashing with a definite end (life cycle) usually sooner than later. If you don't make your ROI in the first 3 months or less you probably wont. You will end up buying more to keep up pace with the the network hash (if ya wanna make any coins) it becomes a never ending money pit to keep up. There may be other same coin algos to mine with them, but all algo related coins always seem to plane out at their respective hash rates and difficulty's. And usually all about the same daily earning potentials overall.
Where as with GPU's you will usually have many opportunity's over and over to go after other algos, or revisit old ones. Lots of wiggle room. I have GPU's almost 4 years old STILL making me money as I type. Nope you cant say that for ANY ASICS out there.
So the question is, do I want to go down that money pit road with ASICS that will become door stops far sooner than later. I usually end up talking my self out of the notion lol
I have a stack of Gridseed dual miners.... ya remember those? lol BIGGEST waste of my mining money to date, worthless and became that way within a couple months. Got a 30 Mh Gridseed G-Black Scrypt miner... worthless... not sure I ever broke even on it
If 10 of us are mining, I go buy an ASIC and the rest of you just have your GPU's, I am absolutely going kill it and scarf up all the coins we mine together in our pool, you get crumbs.
Now If we all go buy an ASIC and all 10 of us are mining, then now we are no better off on hashing, or shares earned, then we were with our GPU's in the beginning. ASICS are a one way ticket to no where
Long live ETN!!!
Im waiting to hear more about how well these new reprogramable ASICs work.
Maybe. You never know. Just maybe......