50 BTC would get you 4.5 Th/s in Antminers (2.0 BTC each)
However if that is your entire BTC stash, save at least half of it. Mining is a very lucrative industry for those who know what they are doing, if you are not so dedicated to really doing your homework and the math you may never see a positive return on your investment.
Topic: 50 BTC to invest into miners (Read 2145 times)
I would definitely put it all into BFL Jalapenos! (disclaimer; this is a joke)
In my opinion I think you'd be able to make more cash money actually trading the coins right now than investing in miners, difficulty is most likely going to go through the roof in the next few months. I wouldn't risk all that beautiful coin xD
Or just sit on the coins, they're most likely just gonna raise in value at the end of the day
In my opinion I think you'd be able to make more cash money actually trading the coins right now than investing in miners, difficulty is most likely going to go through the roof in the next few months. I wouldn't risk all that beautiful coin xD
Or just sit on the coins, they're most likely just gonna raise in value at the end of the day
I think the general consensus at the moment is: 'don't buy hardware unless you like playing with hardware'.
I ignored that advice and regret it now.
The reason is that buying hardware makes little business sense at the moment, unless your electricity is free. So the only benefit is the fun you get playing about with stuff.
You could instead join a cloud mining setup. Buy some hardware in the cloud at the best price per GHS you can (which is cheaper than buying hardware direct) and then mine until the price per GHS goes up and sell the hardware back into the cloud. Repeat this and you profit by mining, trading and holding BitCoin.
See the link in my signature for more details.
The final alternative is to hold the BitCoin and wait.
Whatever you chose, if mining is part of it then do make sure your pool is merge mining with other altcoins.
That's extra coins for free.
In my opinion DevCoin (DVC) would be a good one to merge mine. It looks like it will be producing a lot of useful stuff (that has nothing to do with altcoins) in the future, so you may find that you have a use for it.
Of course that is just my opinion
ThinkI
I ignored that advice and regret it now.
The reason is that buying hardware makes little business sense at the moment, unless your electricity is free. So the only benefit is the fun you get playing about with stuff.
You could instead join a cloud mining setup. Buy some hardware in the cloud at the best price per GHS you can (which is cheaper than buying hardware direct) and then mine until the price per GHS goes up and sell the hardware back into the cloud. Repeat this and you profit by mining, trading and holding BitCoin.
See the link in my signature for more details.
The final alternative is to hold the BitCoin and wait.
Whatever you chose, if mining is part of it then do make sure your pool is merge mining with other altcoins.
That's extra coins for free.
In my opinion DevCoin (DVC) would be a good one to merge mine. It looks like it will be producing a lot of useful stuff (that has nothing to do with altcoins) in the future, so you may find that you have a use for it.
Of course that is just my opinion
ThinkI
#YOLO
Yeah,....you poor person! 
Build a scrypt farm with 20BTC
Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
And this is why you will always be poor. Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
That doesn't sound like a very good idea at all... well... 2/5 of it does actually....
What 2/5s? You decide.
Build a scrypt farm with 20BTC
Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
And this is why you will always be poor. Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
Build a scrypt farm with 20BTC
Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
Cold store 20BTC
Cash in 10BTC, go to vegas, burn it all on hookers and coke
50 BTC... nice!
Early miner, or what?
I say invest in AntMiners. Best value right now.
Or if you live in Ireland, come buy my Jupiter off me...
Early miner, or what?
I say invest in AntMiners. Best value right now.
Or if you live in Ireland, come buy my Jupiter off me...
and im selling a Neptune
If you must risk your BTC on mining here is my list.
Want hardware ASAP: Antminer
More Efficient Hardware that may come out soon:
1: Cointerra
2: Black Arrow
Want hardware ASAP: Antminer
More Efficient Hardware that may come out soon:
1: Cointerra
2: Black Arrow
Hi,
I'm not new in BTC business but it is the first time that I decided to create a user on that forum.
I have an important amount of BTC (50) and would like some advices about the miners that I should buy with them.
I know that lot of people will advice me to keep these BTC but I want give my help to secure BTC network. Please take into consideration that I have access to free electricity and that I can use a part of a data center for that.
So what should I buy?
Avalon clone?
Neptune preorder to someone in batch 1?
Ant miner?
BFL (lol)?
....
I'm open for discussion and read your opinion.
Alf.
I'm not new in BTC business but it is the first time that I decided to create a user on that forum.
I have an important amount of BTC (50) and would like some advices about the miners that I should buy with them.
I know that lot of people will advice me to keep these BTC but I want give my help to secure BTC network. Please take into consideration that I have access to free electricity and that I can use a part of a data center for that.
So what should I buy?
Avalon clone?
Neptune preorder to someone in batch 1?
Ant miner?
BFL (lol)?
....
I'm open for discussion and read your opinion.
Alf.
Invest in dogecoin instead...
Black arrow X-3's from bobsag3 at https://minersource.net/products/black-arrow-prospero-x-3-2000ghash-slash-second
2TH/s each great stuff. send me one while your at it.
2TH/s each great stuff. send me one while your at it.
I'd not buy Avalons. You'll run out of circuits very quickly.
Buy the most energy efficient pre-order you can afford, pay in fiat. Drop to your knees and pray the BTC price goes through the roof.
That is the only way you'll make money.
BTW, I'd keep those 50 coins. By buying with BTC you are essentially selling them. Ask yourself this question?
Would I sell BTC for $810 3-6 months from now?, if the answer is yes, go ahead and pay with BTC.
Buy the most energy efficient pre-order you can afford, pay in fiat. Drop to your knees and pray the BTC price goes through the roof.
That is the only way you'll make money.
BTW, I'd keep those 50 coins. By buying with BTC you are essentially selling them. Ask yourself this question?
Would I sell BTC for $810 3-6 months from now?, if the answer is yes, go ahead and pay with BTC.
If I had that much to spend on hardware this is how u would do it:
- few black arrow x-1 (high risk of delivery on time or at all)
- 10btc worth of next gen asicminer hardware when it is released.
- 10btc on a scrypt mining rig using ~20 gpus (r9 280x)
Would highly advise against spending 50btc with one company unless you are prepared to lose it all.
- few black arrow x-1 (high risk of delivery on time or at all)
- 10btc worth of next gen asicminer hardware when it is released.
- 10btc on a scrypt mining rig using ~20 gpus (r9 280x)
Would highly advise against spending 50btc with one company unless you are prepared to lose it all.
In crypto you always want to invest mostly in the future. It is still very early in the game. Everyone on here knows that. Most are just pissed cause they got scammed by BFL or HashScam. They are all jaded for the most part. People paid 46,000 dollars for those monarch pieces of shit, and they dont even have them in hand yet. KNC Neptune has the potential to be 6 TH/s. The Jupiters and Saturns doubled hashing speeds before delivery so I dont see why Neptunes cant be close to that.
keep the BTC, no hardware today will make ROI
Hi,
Thx for your answer.
When I see the cost of avalon clones which is decreasing each week(B 2.2, B1.90, B1.50) , I think that it will be possible soon to make a little roi.
But I need to have them before KNC and other big companies deliver...
What do you think about that idea? I'm asking advices because I got to this conclusion now but I would like have your opinions before I start this project.
That dude has no idea what he talking about...no one knows what the future holds...there could be another sha coin that comes out, no one knows and anyone who says things so assertively just looks like a joker. Also keep in mind a lot of people on this forum are mining and they dont want you to start mining.
keep the BTC, no hardware today will make ROI
Take 10 of that BTC and dedicate to scrypt HW imo. LTC would be the best bet there.
antminers are the best
reliable, not big, build in wifi, nice looking, stackable, cheap
i wish i would have more than i have
reliable, not big, build in wifi, nice looking, stackable, cheap
i wish i would have more than i have
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