Scrypt ASICs current and future profitability

Scooby903

hero member

Activity: 896

Merit: 500

Quote from: jawitech on December 20, 2014, 03:46:34 AM

Quote from: Scooby903 on December 20, 2014, 03:28:09 AM

Quote from: PeaMine on December 19, 2014, 11:52:08 PM

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend? Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now. Got it from Zoomhash, although you can find them cheaper on ebay. Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!

What are you mining? Do you sell the coins or keep them for better prices?

I sometimes bounce to whatever alt is currently most profitable, but mostly just use clevermining. Just holding for now as I can afford to wait for the price to rise before I sell.

hdmediaservices

hero member

Activity: 630

Merit: 504

The A2 units definitely are well built and dependable. I have a handful of them with no issues.

I have a feeling pricing for these will not drop much more for a while - as it seems to be the best unit out there.

jawitech

full member

Activity: 196

Merit: 100

Quote from: Scooby903 on December 20, 2014, 03:28:09 AM

Quote from: PeaMine on December 19, 2014, 11:52:08 PM

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend? Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now. Got it from Zoomhash, although you can find them cheaper on ebay. Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!

What are you mining? Do you sell the coins or keep them for better prices?

Scooby903

hero member

Activity: 896

Merit: 500

Quote from: PeaMine on December 19, 2014, 11:52:08 PM

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend? Or should I wait a month or two for the next generation to come out?

I'm running an A2 right now. Got it from Zoomhash, although you can find them cheaper on ebay. Here's where I got mine:

http://zoomhash.com/collections/asics/products/110mhs-scrypt-asic-plug-and-play-1000w-a2mega-door-to-door-within-3-5-business-days

Super easy to get up and running and has been running solidly since I received it!

jawitech

full member

Activity: 196

Merit: 100

The current situation looks like this:

Some manufacturers announced improved chips with higher hashrate and lower power consumption. You could pre-order some of them. When they have noticed that those ASICS are making nice profit, most of them decided to sell them in large quantities to cloud mining providers or started an own cloud mining service where they can make much more profit due to high maintenance fees. Zeus is a good example, they f*cked their customers and cancelled the production, reason was that "over 80% of pre-order customers preferred cloud mining over physical miners". So the market isn't very huge.

Additionally nearly all altcoins crashed down so you need to do good research to find profitable coins to mine or just connect your miner to a multipool with BTC payout. But as BTC price crashed down, too, you might want to reconsider if you really want to invest such an amount of money.

Just my 2 cents...

PeaMine

hero member

Activity: 979

Merit: 510

I'm looking at investing a few thousand into Scrypt ASICS.
I noticed most of the sites selling them are saying they are sold out, but have a lot of new pre-orders which have very nice profitability.
I assume by the time it is shipped however, this profitability will be much lower.
What ASICs that are currently available do you recommend? Or should I wait a month or two for the next generation to come out?

Topic: Scrypt ASICs current and future profitability (Read 795 times)