[Cereology]

My buddies and I are thinking about investing in a very high-end mining setup. We are deciding between a GPU miner using 10 or so Vega 64/56 or around 5 DragonMint 16TH. We cut down the profits and both are profitable around the same but in different ways. My one question is why does an ASIC miner go obsolete after a year or so. Finally which one is the most logical for us to buy. We have gone over everything and can handle either of the 2 and we know that the GPU set up is more variable in terms of the variety of minable coins. Thanks for your input and reasoning for your answers.  😧 😧 😧 😧

[♦๖ۣۜZèÞ*]

Vega, You will be able to sell the cards after or if you're trying to be grey hat rebuy and exchange cards...

['Ben]

Id go the mining rigs personally. ASIC become obsolete due to the difficulty constantly increasing.

-Resell value
-Can mine the most profitable coin at the time
-(Could be wrong. Hopefully someone can correct me) Have a longer "usable lifespan"

[ethminer]

DragonMint out of stock at this time

[V3N0M]

Vega, so you can sell. ASICS u can only throw away after they get outdated real fast. Only problem is that u wont be mining BTC. U will have to mine altcoins

[Nyx]

I would like to say that BTC mining went up in value. I have an Antminer s9 13.5 TH/s and I went from making $22-$30 when BTC dropped in price. You can also mine other coins with it as well such as BCH etc..

[.Zink]

I'd suggest GPU mining, you have more freedom with what you want to mine and a decent return at the end if they're not burnt out.

[Cereology]

I would like to say that BTC mining went up in value. I have an Antminer s9 13.5 TH/s and I went from making $22-$30 when BTC dropped in price. You can also mine other coins with it as well such as BCH etc..

How long have you had your Antminer for?

[Nyx]

How long have you had your Antminer for?

I got it on December 23rd, however I didn't get to set it up until the 29th when I got back from Florida.

I've been running since the 29th and made around $400.

Edit:




My profit for the time running and the crossed out X transaction was not from mining.

Over the course of 11 days I made the following.


Keep in mind I only have 1 Antminer S9.

You said you would be buying more than one so your profits will be increased by A LOT, also I recommend checking out whattomine.com and view their ASICS section as Antminers can mine any Sha256 coin.
http://whattomine.com/asic

[Ninetales.]

I got it on December 23rd, however I didn't get to set it up until the 29th when I got back from Florida.

I've been running since the 29th and made around $400.

How much did you pay for it? My II on 4 GPU rigs is roughly 10K and I make about .1 ETHER per day.
So not bad, not the best. I have a lot of GPUs which aren't running because of some power issue. Need to get more parts otherwise I'd probably make .12 or so

[Nyx]

How much did you pay for it? My II on 4 GPU rigs is roughly 10K and I make about .1 ETHER per day.
So not bad, not the best. I have a lot of GPUs which aren't running because of some power issue. Need to get more parts otherwise I'd probably make .12 or so

Check my updated post by the way.

I paid 3.5k when it was less than 5k to get it shipped without having a "placement order".
People sell them for 3-5 day shipping for like 5k+ right now.

Also 10 Vega64's will make him around $90 a day for the most profitable coin where as the alternative would make 2x that.

10 Vega64:
Spoiler (Click to View)

6 DragonMints:

6*16,000 = 96 TH/s
Spoiler (Click to View)

[shreder]

Lmao gl getting a vega 56/64 at current market

[Dyrr]

How much did you pay for it? My II on 4 GPU rigs is roughly 10K and I make about .1 ETHER per day.
So not bad, not the best. I have a lot of GPUs which aren't running because of some power issue. Need to get more parts otherwise I'd probably make .12 or so

Very nice! I make about .2 per day.