Hello guys, I'm willing to invest into getting an Antminer R4 quite soon, do you think it's worth it?
I was looking on niceash and the profits/earnings per month are pretty great.
Any tips? If not the R4 then what else? Also can the R4 mine both Bitcoin and LiteCoin? Thank you!
Edit: I was also looking at the AntMiner L3+ which seems to be really good profit wise to mine LiteCoin, I would like some recommendations from you guys please, thanks a lot again!
Edit #2: I'm thinking it might be more worthwhile to invest in an AntMiner L3+ and mine LiteCoin while the difficulty is not too high and I believe there is a chance that there will be a rise like it happened with BitCoin, thoughts?
you should take into account your power costs
R4 should be fine if yor energy costs are low,it is very quiet and more reliable than r9,for example
it can only mine bitcoins or any other sha256 coin,whatever is the most profitable at a given point in time
before buying run every possible scenario using mining calculators
to answer your second question: litecoin mining (or other altcoins x11 or scrypt compatible) is more profitable at the moment
as for the sudden price peak,I would not be too optimistic as litecoins and almost every other coin's prices are connected to bitcoin price
there was an epic litecoin price spike from 2$ to 20$+ but that was long ago and unlikely to happen again
