Post
Topic
Board Mining (Altcoins)
Re: Bitmain Antminer A3 earning $500 a day mining SIAcoin . .WHAT?! Results & Stats
by
QuintLeo
on 01/02/2018, 22:38:18 UTC
Or could it be that the "second batch" WAS Bitmain's "internal mining use" machines and they decided to dump them out while there was still a market for them?

 Nah....


 They dropped the price BECAUSE profitability died - VERY OLD pricing tactic on the part of Bitmain.



Makes me scared to buy an ASIC unless I can get one in the very first batch like VoskCoin did.

 Unless it's an algorithm with a LONG ESTABLISHED ASIC presence like SHA256 (Bitcoin and such) or Scrypt (Litecoin among others), it IS a huge risk past the first batch of the first ASIC miner for an algorithm.

 It helps a lot and reduces the risk factor quite a bit to have very low electric cost - then you can still make SOME money when other folks are losing it.