Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
philipma1957
on 30/06/2018, 13:48:04 UTC
i don't see the point of ASICS saving power as well. Not bashing here but ASICS saving power i can't comprehend. People would just end up buying more asics and hash and in the end what you will have would be same or more power consumption with higher network hashrate and difficulty. Profit would simply readjust and be the same in times like this. ASICS in general i feel is sort of like a nuclear arms race.

The only time i see asics being a viable choice would be perhaps a portfolio diversification where you have x amount of GPU and require x amount of asics to balance your mining venture.

well  that is why asics suck.

if you are all asics  the game becomes power cost


and  cheapest power = winner winner chicken diner.

Gpus were nice  because they had an after life and other purposes besides mining.

As for fpga tech  mixed with  gpus  long run = loser
Short run  they can work.

I can not stress any more  then this  there were millions and millions and millions of gpus that had the ability to make some money.

Killing that off  destroys mining eventually.  Since you kill off the widespread customer base.

For me  I am working at getting solar expansion since I have a 73 acre piece of land from and investor with some money.  I have buysolar as a solar guy

our goal will be to develop this and  to develop a 900-1200 watt solar setup for a little guy

both projects  shoud do well in this climate of low margins.