Request for info: ETH/other miners | Bitcointalksearch.org

Nestade

jr. member

Activity: 41

Merit: 793

inactive

Quote from: Xazax310 on December 18, 2018, 10:51:48 AM

IHMO, ASICs just become doorstops and worthless in a year or two. Additionally that ETH ASIC your looking at is likely to become bricked on the main ETH network. So your options would be ETC or other ETH-hash algos(if they dont fork). Right now a GPU rig with 6-8 AMD 580's mining ETH is not profitable unless your around .08Kw/c electric rate.

That's the advantage of GPUs over ASICs - it's much easier just re-selling them... But for now like you said the profitability of mining is determined by the electricity price.

digitalcitizen

copper member

Activity: 115

Merit: 4

Quote from: Xazax310 on December 18, 2018, 10:51:48 AM

IHMO, ASICs just become doorstops and worthless in a year or two. Additionally that ETH ASIC your looking at is likely to become bricked on the main ETH network. So your options would be ETC or other ETH-hash algos(if they dont fork). Right now a GPU rig with 6-8 AMD 580's mining ETH is not profitable unless your around .08Kw/c electric rate.

Thanks for the info, I appreciate it before spending...

I will leave that alone.

Xazax310

member

Activity: 246

Merit: 24

IHMO, ASICs just become doorstops and worthless in a year or two. Additionally that ETH ASIC your looking at is likely to become bricked on the main ETH network. So your options would be ETC or other ETH-hash algos(if they dont fork). Right now a GPU rig with 6-8 AMD 580's mining ETH is not profitable unless your around .08Kw/c electric rate.

digitalcitizen

copper member

Activity: 115

Merit: 4

Hello,

I'm buying some Avalon BTC miners, and I'm interested in buying other miners for ETH, other coins. I'm interested in any that may be out there.

What are your experiences with them? I found an ETH miner on eBay that does 190MH/s but power consumption is 700W, even though I don't pay high or typical kWh costs here in Australia.

Would a rig like this, or similar, be profitable (in a very small sense) by setting a BTC price on NiceHash, to cover electricity costs and let others rent the hashpower? Or sell real mining contracts on eBay for those that can't buy ETH on exchanges easily?

Thoughts?

Thank you for any input.

Topic: Request for info: ETH/other miners (Read 176 times)