I then moved to LTC/Doge and made a good profit there as well, but stopped when ASICs took over BTC and LTC/Doge wasn’t profitable anymore.
I’ve been out of the game for long, but if feels like you can’t really mine with a profit without an ASICs still?
Sorry, I was one of the first if not the first to design a mining core for an fpga in 2011. I posted about it here if you check my history. I was going to release it as open source but, someone found my weakness: money. I sold the core, but ended up partnering with the people who bought it. I received a few death threats during that period. It was interesting times.
With asics the profit will go to who has the best price to performance ratio. You need a certain mass of hardware before you’ll make the money spent on it back. You also have to do it before the next generation hardware cuts you profits.
Published at Mon, 27 Feb 2017 11:06:23 +0000
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