The good old days are gone. The only thing that will raise prices again are gpu miners dropping out due to not being able to cover their cost of electricity, but only if they are not even more quickly replaced by others investing in asics such as gridseed and whatever supplants them.
Get in the front of the line to sell your equipment if that is what you need to do, but the prices for gpus are already falling too!
Get in the front of the line to sell your equipment if that is what you need to do, but the prices for gpus are already falling too!
yep, mine are going up on eBay tonight, 1 week listing, will take what I can get for it and write it off as a bad investment.
I have an ASIC on order from Alpha Tec, 25MH/s, but by the time that arrives, it will be out of date no doubt, and more money down the drain
Um, well. That's your decision. This Alpha Tec is ... still non-existant. And gridseed is low on hash, high on price, but nobody really measured the electricity draw.
My GPUs will stay. I'll probably mine Scrypt-n or something else with gpus.
it's listed, yeah, The Alpha thing is not even released for 4 months yet, but I have been making more through trading wisely than I have been mining, so it seems daft to continue doing something that is costing me money, maybe it is just bad luck, but 0.03 per day from a 5.5 MH/s rig is about equal to how much I am spending on electricity, I could just spend the cash on coins each day and play the market with them instead.