Re: thoughts on the new KNC scrypt miner & the effect it will have on scrypt mining

Can I know the reason you actually invested in 2 of those? I've been running numbers and even when I'm optimistic, those miners, once they hit the market, will never see ROI.
If you hope LTC will jump in value than you should of just bought LTC.
So why on earth did you invest so much without doing basic homework? And if you did, can I see your numbers?

the people who get them first will be fine. it is the people who get them months late AND after the
asic companies mine the crap out of them.. will be in rough shape.

KNC will obviously mine the shit out of the chips before shipping.

It is a race to the bottom. I agree buying some cheap LTC would probably be smarter if you think it will go up.

That's the thing, I ran the numbers for those who will get the FIRST batch (3 months from now which is the middle of KnCs target date) and even those people won't see ROI.

Problem can be for LTC price that those owners of KNC miner will want ASAP they invested money back few 1st people will do it but next baches will be questionable.
Just look at LTC hashspeed and other coins.
High ROI foe next miners deesn't mean higher prices just look at BTC... who cares about 3Ths when price is tanking.
If ASICs miners will mine only for $ whole system will need a lot new money combine that with 30% LTC inflation this year.
Anyway LTC will lose some fans to and will have smaller community over time GPU miners will leave LTC for sure.