Just posting a food for thought post. Litecoin/Doge has been arguably the most consistently profitable crypto to mine. Bitmain has been the dominant force in producing these ASICS, but now others are starting to enter this particular crypto-space. Are we going to fall victim to the ASIC manufacturers arms race like pretty much every other crypto this season, or is Litecoin/Doge going to be consistently profitable? What are your thoughts?
Now that there’s a 20gh hydro scrypt miner that’s 3 phase, it’s going industrial, we know Bitmain will release one, I think people stacking doge now will benefit in the future from it, but yes eventually it will be hard for home miners, but I think we have a long way to go
I just got a DG Home as the efficiency is close to L9 but on a smaller scale. The hash SCRYPT rate is already high. It will go up, but it shouldn’t go up as fast as KAS, RDX, ALPH as they were time when the monsters all turned up. Taking Rabid’s advice there. There is a lot there now, so lots of L9’s isn’t going to make it spike like lots of KS5’s did to KAS. There have been L7s for a long time. So Even though I missed the $1350 units and paid way more, I think it will work out. If I’d got into KAS when I though about it rather than waiting, I wouldn’t have got quite so wrecked on those KS0’s.
Eventually it will be awful - so this round is possibly the last shot. If I hadn’t gone in on this, I would be getting the x44q when that comes out. Also mature hashrate and new efficient machine. Just expensive form what I can see.
So I would either go DOGE now, but it might be a bit late with price rises every day, or wait for the next batch of ETHash in January and go early.