1. MemoryCoin is a scam
Personally never had any issues mining or trading into LTC on BTER.
2. FreeTrade (MMC developer) is dodgy
Ok, well again, I havent ever dealt with this person so I cant comment only that we've been mining for months with no issues.
3. Your math is based on variables
True.
4. Power Consumption will be more like 80-84 watts using an i7-4770K (and you haven't included *any* power prices in your estimations)
I am lucky in that I have free access to unlimted, literally, AC. Enough to run 100 rigs if I had the setup.
5. If you think a $335 CPU is going to be worth $200 in 12 months, you're probably not very familiar with a thing called "depreciation"
Intel CPUs hold value until the next TICK or TOCK. Which is typically 8-10 months. Until the upcoming TOCK, which will likely be October, prices on the 4770k will remain pretty much the same. I would think I could get $250-$275 for the processor on ebay. Regardless, it's not a $350 cost as there is resale value on back end.
6. "Total Investment" doesn't include Motherboard, RAM, PSU or HDD - your "Total Investment" is based on ALREADY owning 12 systems capable of handling an i7-4770K
Total Investment shouldnt. I added these to our Litecoin rigs. So the only cost "Added" to mine the MMC or any CPU coin for that matter is the CPU. Less cost of Sempron ($60), and the cost is even lower. You need at least a basic CPU to mine LTC.
Next time you want to promote a shitty coin - make sure you use a "Self Moderated" thread like the other devs do - so you can delete anything you don't agree with - like the MemoryCoin devs do.
Next time you post a response to someone; try not being such a jerk about it.
Personally never had any issues mining or trading into LTC on BTER.
2. FreeTrade (MMC developer) is dodgy
Ok, well again, I havent ever dealt with this person so I cant comment only that we've been mining for months with no issues.
3. Your math is based on variables
True.
4. Power Consumption will be more like 80-84 watts using an i7-4770K (and you haven't included *any* power prices in your estimations)
I am lucky in that I have free access to unlimted, literally, AC. Enough to run 100 rigs if I had the setup.
5. If you think a $335 CPU is going to be worth $200 in 12 months, you're probably not very familiar with a thing called "depreciation"
Intel CPUs hold value until the next TICK or TOCK. Which is typically 8-10 months. Until the upcoming TOCK, which will likely be October, prices on the 4770k will remain pretty much the same. I would think I could get $250-$275 for the processor on ebay. Regardless, it's not a $350 cost as there is resale value on back end.
6. "Total Investment" doesn't include Motherboard, RAM, PSU or HDD - your "Total Investment" is based on ALREADY owning 12 systems capable of handling an i7-4770K
Total Investment shouldnt. I added these to our Litecoin rigs. So the only cost "Added" to mine the MMC or any CPU coin for that matter is the CPU. Less cost of Sempron ($60), and the cost is even lower. You need at least a basic CPU to mine LTC.
Next time you want to promote a shitty coin - make sure you use a "Self Moderated" thread like the other devs do - so you can delete anything you don't agree with - like the MemoryCoin devs do.
Next time you post a response to someone; try not being such a jerk about it.
Interesting