Quote from: tagore on March 29, 2014, 04:04:43 PM

Quote from: LPCobris on March 29, 2014, 02:59:43 PM

Hi!

Guess its time to shut down my farm, if the prices get bellow of 0.005 per mh, its no profitable to mine, the cost of electricity will eat away any profit!

My questions are...
- Show i sell the mining rigs? Im asking that because i don´t know if the value will ever come up to 0.01 per 1 mh.
- There is any alternative atm?

- I have atm 4 rigs and 8.3 mhash of combined processing power

I just feel i have missed a train... i started in January and since that time it have come downhilll... value of alt-coins lowered, btc price crashed...
Now what?

Best Regards,

LPC

In my opinion the gridseed will kick gpu's from Scrypt, same as before the Asics kicked the Gpu from sha coins. I've said that before and some users said that will never happen, well, I'm not an expert but I think this is already happening, slowly yes, but just wait a bit the next gridseed generation.
Gpu's will need to move, I did it already, I just mine Scrypt-N coins, waiting to maybe wafflepool or another one makes a multipool of Scrypt-N coins.

Is the profits better on that coins?
Is very discoraging investing so much money (that i didn´t have so i use a loan), and now the market is so bad... bad.. bad...

Any good pool for Vert coins?

Thanks is advance...

Best Regards,

LPC