Quote from: philipma1957 on April 09, 2017, 10:27:35 AM

Quote from: Amph on April 09, 2017, 06:56:27 AM

i won't simply do it at this point, there is no real room for profit, too much competition, and too much money to invested for a little gain, it's better to buy bitcoin directly with the money you would invest in your farm

adn these large mining operation need in the first place, a large building with proper cooling solution and dissipation, which alone cost already too much, also yes it must be build near an idro generator to have a rate lower than 0.5 if possible

the mining with bitcoin is a dead horse, your only way now is to buy few miners just to have a rounded income added to your salary, but not as a main income

I rather have a few hundred thousand invested in a gpu farm then a few hundred thousand in s-9 gear.

Antminers suck they break.

Avalon 741's are good they don't break but the use a lot more power.

I could run a 100 rig gpu farm with ½ amd gpus and ½ nvidia gpus.

My guess is over the next year it will be better then asics for btc

yeah i concur, the bitcoin network is as secured as it get, no place for casual mining all is in big farm now

gpu are now producing the same amount of bitcoin that all the bitcoin nethash is producing per day

gpu are not limited to a whole day production based on reward like with the bitcoin emission, but based on demand, which mean that there is a chance to have a very high profit if bitcoin keep growing

i feel like bitcoin should have remained with gpu, would have a better distribution now