Cloud Mining News & Reviews

2nd Gen Pre - ASIC Share 10 Unit Purchased at LTCGear.com($295)!

2nd Gen Pre - ASIC Share 10 Unit

2nd Gen Pre - ASIC Share 10 Unit Purchased!

We're quite excited about LTCGear's latest product, '2nd Gen Pre - ASIC Share 10 Unit', so we decided to buy 1 set to see what it's actually like to own one.

'2nd Gen Pre - ASIC Share 10 Unit' can mine the following algorithms:

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-13000 kH/s or 13 MH/s Neoscrypt algorithm

- 30000 kH/s or 30 MH/s Scrypt algorithm

- 95000 kH/s or 95 MH/s X11 algorithm

- Equivalent of (27 – 30)  x Radeon 290 Lyra2RE (estimate, final numbers after hard fork)

2nd Gen Pre - ASIC Share 10 Unit

However, most of the algorithms will kick in only AFTER mining hardware arrives in mid-January.

Until mid-January, '2nd Gen Pre - ASIC Share 10 Unit' will mine 1/2.5 of Scrypt algorithm, which translates to 12 MH/s of hashing power.

12 MH/s for $295 turns out to be $24.58/MH/s, which is not cheap (for example, for Scrypt mining alone, 'ASIC Share 3K0' offers the rate of $3.00/MH/s), once hardware arrives and the other algorithms kick in, mining profits for the 2nd Gen Pre-ASICs are likely to skyrocket.

Alternative altcoin mining is very profitable, but there aren't many cloud mining companies (if any) that can offer direct mining with X11/NeoScrypt/Lyra2RE algorithm, which is why '2nd Gen Pre - ASIC Share 10 Unit' is attractive.

 

Order Status Currently 'On-hold'

Currently, our order status is 'On-hold', but our funds have already been sent:

2nd Gen Pre - ASIC Share 10 Unit

2nd Gen Pre - ASIC Share 10 Unit

We're hoping that the status of our order will change before Friday evening (UTC) payouts.

We will make sure to update on our new '2nd Gens' soon!

 

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