4 ms·
Things were much nicer when GPU mining was the market leader. Bitcoin mining was usually profitable for a few weeks during/after a major price jump, and your ma
by aftbit 12y ago
Things were much nicer when GPU mining was the market leader. Bitcoin mining was usually profitable for a few weeks during/after a major price jump, and your main cost was power. Once the profitability window ended, just turn off your mining hardware.
Now that we have ASICs and scammy companies with months of lead time making them, things are way more volatile. Power is cheap, but the hardware is thousands of dollars, and the preorder/crowdfunding scheme is pretty reprehensible.
Would scrypt with harder parameters make a better ASIC-resistant hash?