Eidal
Molten Core Raider
- 2,001
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If you're familiar with scrypt mining already then that's fine. If you're planning for the long game regardless, then why do you have to "figure out when to sell"? I'm actually a little surprised right now that with the meteoric rise in LTC price that the difficulty isn't rising appropriately -- we're about 8 hours out from a recalculation and the difficulty gain is an estimated 2 percent. I'm guessing that will change over the next few weeks as more and more people deploy GPU miners, but who knows, its plausible that scrypt mining is making the entry barrier too daunting for a lot of people. I'm laughing at the doods buying ASICs for 1st quarter, all the calculations I'm doing say good luck seeing a return. That being said, I find it extremely likely that difficulty begins to increase noticeably over the next week. The $10/day per 7950 is just too good to last.
1x 7950 hashing at a tame 600kh/s will pay for itself in approximately a month assuming minor difficulty increases. I'm moving cross-country in 6 weeks otherwise I'd probably set up a few more 7950s since I enjoy mining and beating the ROI seems likely. I'm considering just putting USD in and saying "fuck it, I'd rather do it and lose than not do it and watch other people win".
Last thing; I have my 7950s running stable at 655kh/s. If you end up needing advice on how to tweak it let me know; they can be stubborn as hell.
