ASIC Share 40K0 - Black Friday "Mega" Pack Review
Black Friday "Mega" Pack to Offer $3.20/MH/s！$12,799 for 4 GH/s！
Litecoin cloud mining company LTCGear launched a new product called 'ASIC Share 40K0 - Black Friday "Mega" Pack' towards the end of last week.
The product provides 4,000,000 KH/s or 4 GH/s of hashing power for $12,799. We saw 4 items in stock over the weekend, but they are all sold out at the time of this writing.
The cost per MH/s for this product is $3.20/MH/s, which is by far the lowest in Litecoin cloud mining.
As a point of reference, price per MH/s offered by other companies in this field are as follows:
ZeusHash : $10.99/MH/s (for orders over 1GH/s)
Genesis Mining : $14.99/MH/s (for orders over 100 MH/s)
As you can see, the price of $3.20/MH/s for Black Friday "Mega" Pack is the most competitive among all the major scrypt cloud mining services.
Black Friday "Mega" Pack Most Competitive $/MH/s Among Litecoin GEAR's Products
Litecoin GEAR's most popular product up to this point has been 'ASIC Share 1K6X - Anniversary', which is 160 MH/s that is available for $920.55 using the coupon 'anniversary1yr' (49% OFF). That's about $5.75/MH/s.
Litecoin GEAR also offers 'ASIC Share 1K83 - Special' which provides 182.5 MH/s for $839. This is a better offer than 'ASIC Share 1K6X - Anniversary', as the price per MH/s is $4.60/MH/s.
In fact, 'ASIC Share 1K83 - Special' is better than 'ASIC Share 1K6X - Anniversary' in every way that we would recommend buying 'Special' over 'Anniversary' to anyone considering a purchase from LTCGear.
While the price of $4.60/MH/s is attractive 'ASIC Share 1K83 - Special', Black Friday "Mega" Pack beats the per MH/s price by about 30%!
ASIC Share 40K0 - Black Friday "Mega" Pack' Ideal for Bulk Buyers
Although the price tag of $12,799 is expensive if you are an average individual buyer, it could be appear 'cheap' if you were a bulk buyer looking to purchase hashing power in volume.
For example, if you were to purchase 4 GH/s at ZeusHash, it would cost you $43,960. The same 4 GH/s at LTCGear costs $12,799. If you were a volume buyer, you could be saving yourself $31,161 by choosing to buy from LTCGear.
For this reason, we believe that ASIC Share 40K0 is perfect for bulk purchases.
If you don't have enough cash to make a purchase by yourself, you may want to consider group buys that are being sponsored on various forums.
How Our Purchase Price at LTCGear Went From $5.29/MH/s to $3.41/MH/s
Another way to get a low $/MH/s is to simply hold on to your shares.
LTCGear offers FREE share multiplications every 6 weeks. Because of this feature, your hash power increases every 6 weeks and consequently your purchase price goes down.
For example, when we purchased 4 sets of 'ASIC Share 1K6X - Anniversary' back in August, we paid $3,688 for 640 MH/s back then. That's about $5.29/MH/s at the time of our purchase in August 2014 (to see how our purchase went, read our LTCGear Payout articles).
Today, after 2 share multiplications, our 640 MH/s has increased to 1,080 MH/s.
At 1,080 MH/s and the initial cost of $3,688, our purchase price would be $3.41/MH/s today. We were surprised to find out that our purchase price of $3.41/MH/s is not far off from the price of $3.20/MH/s that Black Friday "Mega" Pack has to offer.
All we did while our purchase price went from $5.29/MH/s to $3.20/MH/s was to 'hold' and not to let go, despite numerous temptations to do so. Although this takes time and a determination not to sell, it's one way to lower your purchase price at LTCGear.