ASIC mining chip suggestions

[Guest Johnny5g]

Hello I want to get in to Bitcoin or litecoin mining. But I don't know what profitable ASIC miners to get. I want to keep it cheaper and consumes low power. Any suggestions? Thanks!

[Atmos]

you're about 3 years too late. Unless you're going to invest tens of thousands of dollars you are not going to make any money, infact, you're probably going to lose quite a lot.

 

There is no consumer "profitable asic miner", that's a wet dream to any cypto currency miner.

 

It was the widespread use of ASIC miners that destroyed cryptocurrency for the everyday miner. But, it did bring down prices on AMD cards... so there's that too.

[Guest Johnny5g]

you're about 3 years too late. Unless you're going to invest tens of thousands of dollars you are not going to make any money, infact, you're probably going to lose quite a lot.

 

There is not consumer "profitable asic miner", that's a wet dream to any cypto currency miner.

yeah your probably right. Thanks:) have a good day or night.

[Icefire555]

Yeah,... the return on investment is super low. 

[Sam Z Man]

Your power cost has to be less then around 10 cents a kilowatt for cryptocurency mining to be profitable at all now and even if that it takes years to make the cost of the mining card back.

[Guest Johnny5g]

Your power cost has to be less then around 10 cents a kilowatt for cryptocurency mining to be profitable at all now and even if that it takes years to make the cost of the mining card back.

yeah that's what I am finding out (even I knew it a couple of weeks ago) but I thank everyone who has responded to me.

[Timopomer]

too l8 m8,the mine is empty. we got the gold