Post
Topic
Board Mining support
Re: [GUIDE] GridSeed GC3355 5 Chip Setup/power/windows/linux/rpi by UnicornHasher
by
dyland
on 04/04/2014, 12:43:31 UTC
Not to be a troll...but after reading extensively on getting a gridseed setup...ROI looks to be 6-8 months...well after the high powered ASICs arrive.  Is buying gridseeds really worth it?

Yeah, I fear this too.
I have 6 GPU's and 10 Gridseeds happily hashing , but I fear they'll never reach ROI.
Furthermore, with all those big companies producing ASICs (scrypt and SHA256), I'm sure they all do "quality control" for a fair amount of time
=> difficulty goes up even before you have your miner
=> large amounts of BTC are being sold making the rate drop.

...

So yeah, I still believe in the concept of BTC, but in the long run, and not as a small miner. I'd just buy some coins with some money you don't really need and wait (a long time)

I feel less and less sure about my small mining investment--although I love the slow trickle of BTC.

I think  mid-July is a good time to sell gear to see if you can make a slight profit.