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nukepower wrote:A4 136 mh went down to 1299 in price on ebay and the a2 stayed @ 1000 or better .is it because a4 are having issue and a2 are more stable.1299$ + government fee is regardless too expansive. With 136mhs you got 4-5$ actually without electric costs and it goes everyday less. I think the real bang we gets, if Innocent do it like Alcheminer -> buy one get two.
excelerator wrote:The other way to drop LTC difficulty is to have a ~10% price drop like we're currently experiencing. That may be enough encouragement to have people switch off their old hardware.Some of the difficulty increase is due to seasonal variation. When our basement lacked ventilation, we used scrypt miners to heat it. Even though the miners lost money, the electricity would have been used to power a dumb heater anyway, so it was worthwhile to run the miners regardless of profitability.
https://coinmarketcap.com/currencies/litecoin/
Steve Sokolowski wrote:That certainly adds to the problem but we're in record difficulty territory with LTC and with the problems with A4s being resolved, this will likely skyrocket further reducing profitability. The "dumb heaters" will probably have little impact as they are low hash rate devices.excelerator wrote:The other way to drop LTC difficulty is to have a ~10% price drop like we're currently experiencing. That may be enough encouragement to have people switch off their old hardware.Some of the difficulty increase is due to seasonal variation. When our basement lacked ventilation, we used scrypt miners to heat it. Even though the miners lost money, the electricity would have been used to power a dumb heater anyway, so it was worthwhile to run the miners regardless of profitability.
https://coinmarketcap.com/currencies/litecoin/
excelerator wrote:When I look at https://bitcoinwisdom.com/litecoin/difficulty, it's a safe assumption that 500GH has been added to the LTC network since the end of September. Since there are no other new scrypt manufacturers, you can assume the bulk of that is the new A4. If we discount 20% of that is older/obsolete scrypt hardware being dragged out to heat dwellings in the northern hemisphere winter, then we are left with 400GH. That in turns equates to about 1400 new A4 miners. I've noticed that neither Nicehash or Prohashing have increased their share proportionally so this hash rate is going elsewhere.Many of the first batch of defective A4s probably went to litecoin-only pools, because their owners mistakenly thought that they could earn more money there.
If the top multipools like Prohashing, Nicehash and potentially Clevermining are not growing with the market then are the straight litecoin pools picking up all the business? If yes, then Innosilicon must be shipping 90% plus into the local market and dedicated data halls are growing.
excelerator wrote:So we need a third party review of miners & pools. Get someone who as cred on bitcointalk to do a matrix comparison and get it published on coindesk and/or cointelegraph. Only do A2s, A4s, and Titans. Only test against Nicehash, Prohashing and Clevermining. Everything benchmarked against LTC. Limit the measurement to daily average poolside hash rate and total return over 7 days. Would need all hardware in the same DC so latency is the same. It could be done and would be interesting.Agreed - this is an excellent idea. We need to deal with the random issues that have occurred recently, so we can't do this now, but the holiday week will be much more open. We will need to identify who can perform this analysis.