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Titan miner

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foxmino
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2014/04/11 23:27:47 (permalink)
Do you guys think this is worth it...
https://www.kncminer.com/...tecoin-mining-hardware

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    direraptor22
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    Re: Titan miner 2014/04/12 03:32:46 (permalink)
    If you have $10k to blow, sure. If you're lucky you might make that money back!


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    #2
    Xazax310
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    Re: Titan miner 2014/04/13 16:03:48 (permalink)
    Like he said above that a pure business investment I would rather buy multi cards because then you can re-purpose them or sell them to actual gamers for discount once u made your money with them, with these miners your basically stuck with them for life

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    #3
    _Nite_
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    Re: Titan miner 2014/04/14 15:06:19 (permalink)
    yea just use Cryptocurrency itself to save up for each video card, you won't have to worry about any investment (its what I'm doing, so far I got 2 x R9 270's with it and a few other parts needed with it)

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    foxmino
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    Re: Titan miner 2014/04/21 01:01:48 (permalink)
    So when these mining machines get released that means there going to kill us gpu miners in 6 months

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    #5
    Gratuitous
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    Re: Titan miner 2014/04/21 01:11:48 (permalink)
    sort of. Bitcoin took about a year to go from CPU to GPU, then about 3 more years to go asic. GPUs stopped being profitable for Bitcoin about a year ago. So basically the GPU guys all developed alt coins. that's why for the last year it has become profitable to mine alts on GPU. well now as asics start to take over the scrypt algo, GPU mining will need to switch to other alt coins with other algorithms and hopefully the cycle will continue. x11 seems to be all the rage.

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    #6
    z3r0t0l0rence
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    Re: Titan miner 2014/04/21 09:18:25 (permalink)
    We may be able to hold back the ASIC's with the new 800 series line coming out soon from Nvidia.  Since the 750ti's are such little power houses,  I can only imagine what the higher tier 800's will bring us.

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    #7
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    Re: Titan miner 2014/04/21 18:02:40 (permalink)
    z3r0t0l0rence
    We may be able to hold back the ASIC's with the new 800 series line coming out soon from Nvidia.  Since the 750ti's are such little power houses,  I can only imagine what the higher tier 800's will bring us.




    no kidding, I could see the GTX 880 doing something like 1.0 - 1.5 MH/s hashrate alone,

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    #8
    Gratuitous
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    Re: Titan miner 2014/04/21 18:34:57 (permalink)
    I keep waffling between buying 750 ti's and waiting for 880's or buying r9s. But really the point of this thread is profitability of a scrypt asic and that is totally questionable. I think scrypt coins wont be around much longer outside of maybe 1 or 2 like doge and ltc. x11 is probably the next big coin hash and that will probably last a tenth of the time scrypt did before asics take over. the asic game is really only for the rich guys who don't mind gambling with $100k or more and have the time to catch each phase of this crypto game at its very start. if BTC hits $10000 then we will se another wave of VERY profitable days for the gpu as the big boys dump their profits into developing other viable uses for the gpu farms they have laying around doing nothing.
     
    if you remember gpu mining was totally dead for 9 months or so when the first asics hit. then when the first guys with asics hit ROI is when alt coins were invented. 

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    #9
    Gratuitous
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    Re: Titan miner 2014/04/23 09:44:15 (permalink)
    this would probably get you about $15 every day and take 100 days to ROI. questionable as to what will happen in the next 4 months but a lot less money to spend if you want to gamble on this sort of thing.
     
    http://hash-master.com/ne...-80-chip-scrypt-miner/

    “I built a castle in the swamp and it sunk. I built a second castle and it sunk too. I built a third castle and it burned down and then sunk. But the fourth castle, Ahhhh! That one stood.”
    —Monty Python and the Holy Grail
     
    #10
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