Quote from: brows on May 08, 2014, 12:32:03 AM

Quote from: alienesb on May 07, 2014, 07:07:57 PM

Quote from: jjj0923 on May 07, 2014, 06:08:16 PM

Quote from: dloganbill on May 07, 2014, 03:13:09 PM

According to this spreadsheet, ROI is pretty much a dream.

https://docs.google.com/spreadsheets/d/1msn9gC7wgBYdiyOLZLhQifOSKpt3ukdnuTy14m-F-s8/edit#gid=1966313813

who in their mind mines LTC anyway - it pays like crap - the coins I mine pay double what litecoin does.

you get out in $$$ what you put in .. in research and hashing power - research is more important than hashing power when it comes to profitability

Why don't you start a small pool then... and let us join Grin

Lol... i have been GPU mining scrypt since October and have yet to actually mine a Litecoin! Like JJJ, I have done pretty well finding profitable alts... it's a job though.

The problem with starting a pool or even an info service or something... is your profits will be destroyed by your own wake when too many other miners follow your lead... it always seems like a game of cat and mouse, no? That being said, I feel Ipominer has the right idea, although I don't always agree with their picks.

Also whoever posted that spreadsheet... man, THANK YOU! I still think Hashra real advantages... The main one being that they are definitely in production and it seems likely you will get your miner when they say... that is worth A LOT. Anyone who can get theirs soonish will have a solid short term windfall that could theorhetically compensate for the higher purchase price. I'm trying to iron out a solid purchase strategy for ASICS as we speak... and this is one of the key issues... price vs delivery.

Right now I am leaning towards phasing in, and getting a Blade or two immediately and placing an order for a Lander or something like that for a delivery a couple of months from now.

I've been easing into it over several months now - same as you - started with rigs which still run great - got 20 gridseeds, then one blade, then two more and now a 30 MH lander on order but I made up my mind a few months ago my retirement (which is a few years away) will be spend mining so I have two 125MH Mining Asics on order. I feel most comfortable with Marc Coumans the CEO and did meet the folks from KNC when they were in NYC last month for the Bitcoin Convention. For me it's a comfort level.

Time will tell - I can tell you that all gridseed products have been rock solid since they day I plugged them in.