Quote from: Marvell1 on August 27, 2015, 04:31:44 PM

Quote from: xingqiaoyin on August 27, 2015, 05:59:24 AM

Quote from: kae1078 on August 27, 2015, 05:11:21 AM

Quote from: Marvell1 on August 27, 2015, 04:36:32 AM

Quote from: kae1078 on August 27, 2015, 04:27:42 AM

All right captain marvell1, I wouldn't argue, I just don't know whats your point with people asking input and reviews with scrypt miners (scratching head). do you own or hold a large volume of LTC, do you belong to a group of big investor of LTC, otherwise if not then you're just speculating with the upcoming LTC halving Wink

PS: I was asking for inputs, reviews and not sarcasm.

Cheers captain marvell!

I'm just trying to understand why people do what they do, looking for a reason
As to why ppl are buying scrypt hardware when its not even profitable and its about to get even worse

I can understand if you already had some hardware or prices were better

Look man, there's no point in understanding to why people buy, we all have different situation, different circumstances.
Like mine, 1st I can't put up a GPU miner because looking for a shop that sells PC parts is hard specially I'm in the middle of nowhere
2nd, mining is just a passive income for me, I got a day job.

My plan is to buy miners as long as ROI will be just 2 to 4 months and keep it running 24/7

hitting the numbers on litecoinpool calculator payback is around 10 months even with free electricity how can you get 2 to 4 months ROI ?

btw what gpu mining is profitable now ? in nicehash they're not much better than scrypt IMO ?

yeah lol thats what im trying to explain there wont be any ROI in 2-3 months unless the LTC price goes back up, multipools will be destroyed in the next few weeks since all the hash rate leaving LTC due to the halving has to go somewhere.

Hardware prices are bound to drop which is why I think its stupid to buy now but its your funeral of course. I have around six A2s and other assorted scrypt gear which I,m selling probbaly since I plan to turn it all off this week.

Hopefully i can find some suckers like you who will pay full price for hardware that is basically worth HALF what it was worth a day ago lol.

So you're saying LTC is doomed, just like after the halving, it's finish.... Grin

is that a fact or just purely specualtions?
So what happened to BTC after halving?
I think it's ok to speculate but to a certain degree only, unless you're a holder of huge volume, that you're definitely sure of LTC's future.

Still 2-4 for months ROI is possible.
From the day I invested in ASIC miners and from the day I get back my investment, I never touch my coins, I just took back what I invested and keep all the profit.
I treat my miners as the owner of those coins.
Now let's say my miners earn $1000/month and I buy a scrypt miner for $1200, how long will my investment return, you do the math?

PS: Just don't forget I never pay for electricity & never take a single penny from my pocket to buy an additional miner.
If you still don't get it, I don't know what kind of logic you have.
ROI depends on how "big or small" you invest, ROI is easy to get when you have an existing miners and don't pay for electricity.

Cheers Captain Marvell1