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RE: First ASIC Miners for Ethereum / Classic available !!!

in #ethereum8 years ago

I think the problem is by the time we get ASICs the miner in China have been mining with them for at least 6 months and are ready to move on to the next generation. It is therefore just not worth the cost.

The money you would spend on ASIC hardware and electricity would probably be better spent to buy you more actual ETH or ETC.

Unless you are in China and have the contacts and money to get the ASICs early it is basically a losing game. You are simply subsidising the Chinese manufacturers and the miners who they collude with.

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Thats the point with any ASIC miner, if you live in a country with high electricity costs, its allways a problem, but look at these small usb miners with 2.5 watts, it will get you 3 ETH at the moment per Month if you mine ETH, so it is not a bad deal. If you mine ETH classic the difficulty level is way lower then from Ethereum, check this live link so see the actual Hashrate from each network.http://fork.ethstats.net/ the classic is aprox. 10 times lower then ETH, but the price is only aprox. 5times lower, so if you min classic you have way more money at the end, i didnt do the math exactly, but i would say with this little USB miner which cost 149 U$ you can mine aprox. 75$ a month with ETC at the moment. Any comments are welcome.

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