Author

Topic: 6k dollar to invest (Read 3957 times)

hero member
Activity: 882
Merit: 1003
February 17, 2014, 12:38:59 PM
#41
Considering there is very probably that no miner gives ROI in near future, I'd buy 10 BTC and try cautious daytrading. If you catch 10$ price fluctuation, you are 100$ ahead Smiley


I agree. By the end of the year mining will be too difficult and unprofitable.  Trading will make more profit, at least not lose depreciation in equipment at 50% per month.
hero member
Activity: 676
Merit: 500
February 17, 2014, 07:11:34 AM
#40
Considering there is very probably that no miner gives ROI in near future, I'd buy 10 BTC and try cautious daytrading. If you catch 10$ price fluctuation, you are 100$ ahead Smiley
newbie
Activity: 56
Merit: 0
February 10, 2014, 11:29:27 PM
#39
I would buy 4 S1s directly from Ninja.

Or buy a KnC Jupiter. Grin
member
Activity: 84
Merit: 10
February 10, 2014, 06:54:15 PM
#38
Have you considered building a GPU mining rig mining scrypt mate?
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
February 10, 2014, 06:45:24 PM
#37
Thats insane advice, ant miner is done, Propsero X3 offers 2TH for $5900 http://www.blackarrowsoftware.com/store/
It's without doubt the best hashing power/$ available to buy today.
antminer ships now, Prosperos don't exist yet, and won't be available before april. making antminers muuuccchhh more profitable!

Agreed on the antminers, but you have to be careful to purchase from a known supplier. Lots of scam sites are popping up now selling asic miners that don't have any or just trying to get BTC for nothing.  I lost 2BTC last month to a web scam store, buyer beware. Do your due diligence and research the store before you buy!!!
member
Activity: 99
Merit: 10
February 10, 2014, 05:59:58 PM
#36
Thats insane advice, ant miner is done, Propsero X3 offers 2TH for $5900 http://www.blackarrowsoftware.com/store/
It's without doubt the best hashing power/$ available to buy today.
antminer ships now, Prosperos don't exist yet, and won't be available before april. making antminers muuuccchhh more profitable!
hero member
Activity: 882
Merit: 1003
February 10, 2014, 08:43:41 AM
#35
Went down to 500 earlier on mt. Gox.
newbie
Activity: 56
Merit: 0
February 10, 2014, 05:13:34 AM
#34
everyone are so convinced that the value of bitcoins will rise?
hero member
Activity: 868
Merit: 1000
February 10, 2014, 02:03:25 AM
#33
It is more profitable and less works for you to just buy bitcoin directly, instead of buying mining hardware. Smiley
member
Activity: 112
Merit: 10
February 09, 2014, 04:52:51 PM
#32
Buy BTC, keep them, price is low enough to invest.
hero member
Activity: 882
Merit: 1003
February 08, 2014, 03:43:15 AM
#31
Thats insane advice, ant miner is done, Propsero X3 offers 2TH for $5900 http://www.blackarrowsoftware.com/store/
It's without doubt the best hashing power/$ available to buy today.

Not available till May by then your  2TH unit will make $300 a week mining.  

Right now the 2  Antminers will make $320 a week and only cost 2.9 BTC.
DrG
legendary
Activity: 2086
Merit: 1035
February 08, 2014, 03:21:24 AM
#30
Since BTC price has dropped you're really better off buying BTC directly.  It's worth buying hardware if miners are quitting and difficulty is going down (which is not the case currently).
sr. member
Activity: 512
Merit: 250
ICO is evil
February 07, 2014, 03:34:58 PM
#29
Just buy bitcoins.  You'll never make money buying asic mining equipment unless you resell it.
newbie
Activity: 56
Merit: 0
February 07, 2014, 03:22:55 PM
#28
So OP have you decided what you are going to do now???

I still reckon you should mine alts and change for BTC, then spend some keep some.

Working well for me right now.

ehi^^
i haven't decided what to do..
i was looking for new asic scrypt.. anyone have tryed it?
i have seen a group buy:
https://bitcointalksearch.org/topic/sold-outworldwide-gridseed-1-chip-5-chip-dual-miners-01050405-btc-436031
hero member
Activity: 868
Merit: 1000
February 07, 2014, 10:42:25 AM
#27
Buy bitcoin directly.
Or, build GPU rigs to mine scrypt coins and sell them for bitcoin.
newbie
Activity: 14
Merit: 0
February 05, 2014, 03:59:05 AM
#26
Is there any reason to trust Black Arrow? It seems like an obvious choice if you can trust them, but as BFL has shown us preorders are not the smartest way to spend your coin. Does Black Arrow take BTC as payment or just cash?
member
Activity: 101
Merit: 10
Just another man trying to find his way.
January 29, 2014, 12:10:29 AM
#25
I had a friend just invest alot of money into scrypt mining rigs. It seems like it should pay itself off after a few months. Can't ask to be rich overnight. And also, when new coins come out and you jump on them, there is a lot of money making potential.
 Smiley
full member
Activity: 168
Merit: 100
January 28, 2014, 06:08:20 AM
#24
So OP have you decided what you are going to do now???

I still reckon you should mine alts and change for BTC, then spend some keep some.

Working well for me right now.
full member
Activity: 210
Merit: 100
January 24, 2014, 06:47:16 AM
#23
Instead of buying mining hardware that probably never ROI´s und consumes lots of kw/h, you could buy Ghash on a Cloud Mining Platform like Cex.io.
The advantage is that you could trade your Ghash while they mine for you. If the price per Ghash is low, you can buy. After purchase of Ghash they immediately start to mine for you. When the price per Ghash is high, you can sell your Ghash. Then you had profit from trading AND from mining. But don´t be to greedy, the long term, the price per Ghash goes down. But with daytrading it´s easy to increase your BTC.

The drawback is that you can´t fund with fiat. You have to buy BTC first.



Dont invest in cex.io... ghash.io their pool was nearly at 51% of the hashing power. Thats bad news...

https://ghash.io/ghashio_press_release.pdf

The problem are not the user/customer of Cex.io. Even if there were only a few, Cex would mine for themselves. Assuming that Cex has 1000 TH/s of Mining Hardware and  10 user, then there would be 1000 TH/s mining at ghash.io. If Cex had 1000 TH/s and 1 billion user, there would also be 1000 TH/s mining at ghash.io

newbie
Activity: 56
Merit: 0
January 24, 2014, 04:24:02 AM
#22
Thats insane advice, ant miner is done, Propsero X3 offers 2TH for $5900 http://www.blackarrowsoftware.com/store/
It's without doubt the best hashing power/$ available to buy today.

propsero x3 is available for dispatch at end of April 2014.. i think at the end of April the difficult will be very high..
hero member
Activity: 675
Merit: 507
Freedom to choose
January 23, 2014, 04:39:05 PM
#21
Instead of buying mining hardware that probably never ROI´s und consumes lots of kw/h, you could buy Ghash on a Cloud Mining Platform like Cex.io.
The advantage is that you could trade your Ghash while they mine for you. If the price per Ghash is low, you can buy. After purchase of Ghash they immediately start to mine for you. When the price per Ghash is high, you can sell your Ghash. Then you had profit from trading AND from mining. But don´t be to greedy, the long term, the price per Ghash goes down. But with daytrading it´s easy to increase your BTC.

The drawback is that you can´t fund with fiat. You have to buy BTC first.



Dont invest in cex.io... ghash.io their pool was nearly at 51% of the hashing power. Thats bad news...
hero member
Activity: 574
Merit: 500
January 23, 2014, 09:16:45 AM
#20
Thats insane advice, ant miner is done, Propsero X3 offers 2TH for $5900 http://www.blackarrowsoftware.com/store/
It's without doubt the best hashing power/$ available to buy today.
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
January 23, 2014, 08:44:49 AM
#19
I would create a setup thats great for mining alt coin. You would end up with 3 beast PC;s that have great resale value.
member
Activity: 77
Merit: 10
January 22, 2014, 06:55:27 PM
#18
I'd probably just do what you rogiinaly set out to do and buy those AntMiners...
sr. member
Activity: 243
Merit: 250
January 22, 2014, 10:59:03 AM
#17
Invest in doge coin instead, don't understand why but it is climbing really fast..
full member
Activity: 210
Merit: 100
January 22, 2014, 09:26:25 AM
#16
Instead of buying mining hardware that probably never ROI´s und consumes lots of kw/h, you could buy Ghash on a Cloud Mining Platform like Cex.io.
The advantage is that you could trade your Ghash while they mine for you. If the price per Ghash is low, you can buy. After purchase of Ghash they immediately start to mine for you. When the price per Ghash is high, you can sell your Ghash. Then you had profit from trading AND from mining. But don´t be to greedy, the long term, the price per Ghash goes down. But with daytrading it´s easy to increase your BTC.

The drawback is that you can´t fund with fiat. You have to buy BTC first.

hero member
Activity: 728
Merit: 500
January 22, 2014, 06:22:18 AM
#15
Soo winner winner gonna mine some chickendinner coin??

I'm sure that will be a coin soon.

So what you thinking for your 6k??? You could get a fair few Mhash for 6k.

Any thoughts on making a rig?? I've seen some people really go to town making great looking machines.

I still have not decided what to do.. i don't want to lost money..  Grin

There have been very few times in the history of bitcoin when buying mining gear paid off better than just buying coins.

Buy mining gear if:

  • you have insider access to new gear that's not available to the general public yet
  • you have unlimited free power and a very reliable internet connection
  • you love gambling and can afford to lose your investment

Otherwise buy coins directly and do your part to build the bitcoin economy.


I really appreciate your opinion.. you're really so sure that the price of bitcoin will increase? everyone say to buy and hold.. but i am not so sure to invest so much money, for something that i can't control.. i was pretty sure that invest on hardware was better.. but as i say, i don't know if try with antminer, or script rig, or wait some time for watch what happen.. but more time i wait, more i realize i am wasting time..

If you buy mining gear you're just as much exposed to the Bitcoin-price. If the Bitcoin-price drops, your mining output measured in $ will drop along side it.

The fact of the matter is that right now, buying X BTC worth of Bitcoin mining gear will with very high probability not yield more than X BTC of total income. So no matter what the Bitcoin-price does, you're most likely getting better returns from just buying coins than from buying Bitcoin-mining gear.

Scrypt-mining is a nice alternative, but it's also quite a competitive environment, so don't expect to just plug in a machine, fire it up and watch the money flood in. To maximize returns you have to mine different coins at different times. Additionally, a $6K investment means you'll have several machines running, which increases the amount of work you have to do to maintain everything.
hero member
Activity: 551
Merit: 500
January 22, 2014, 04:59:19 AM
#14
hi all^^
this is my question.. if you have got 6k dollar, to invest in mining hardware, how you invest them?
i was going to buy 4 Bitmain AntMiner S1 180GH/S Miner. but i don't know if is the good way.

this website is safe?
http://sushi-review.com/bitmain-antminer-s1-180gh-s-miner.html

or, it's better invest in some rig of 280x for mine script coin?
I have some doubts.. help me!
Cheesy

Build your own rigs and start mining ALT-Coins and trading them for BTC

OR purchase BFL hardware for BTCitCoin mining or purchase the new top end ASIC (sold out on pre-orders) ..i think*
newbie
Activity: 56
Merit: 0
January 21, 2014, 06:02:23 PM
#13
Soo winner winner gonna mine some chickendinner coin??

I'm sure that will be a coin soon.

So what you thinking for your 6k??? You could get a fair few Mhash for 6k.

Any thoughts on making a rig?? I've seen some people really go to town making great looking machines.

I still have not decided what to do.. i don't want to lost money..  Grin

There have been very few times in the history of bitcoin when buying mining gear paid off better than just buying coins.

Buy mining gear if:

  • you have insider access to new gear that's not available to the general public yet
  • you have unlimited free power and a very reliable internet connection
  • you love gambling and can afford to lose your investment

Otherwise buy coins directly and do your part to build the bitcoin economy.


I really appreciate your opinion.. you're really so sure that the price of bitcoin will increase? everyone say to buy and hold.. but i am not so sure to invest so much money, for something that i can't control.. i was pretty sure that invest on hardware was better.. but as i say, i don't know if try with antminer, or script rig, or wait some time for watch what happen.. but more time i wait, more i realize i am wasting time..
full member
Activity: 168
Merit: 100
January 21, 2014, 02:54:57 PM
#12
full member
Activity: 168
Merit: 100
January 21, 2014, 02:53:25 PM
#11
The antminer is definetly the best choice . Theyre known to ship very quickly and offer a fair price. Youre not going to do much better then breakeven with them but youre not going to do much worse either.

hero member
Activity: 561
Merit: 500
January 21, 2014, 12:31:44 PM
#10
Soo winner winner gonna mine some chickendinner coin??

I'm sure that will be a coin soon.

So what you thinking for your 6k??? You could get a fair few Mhash for 6k.

Any thoughts on making a rig?? I've seen some people really go to town making great looking machines.

I still have not decided what to do.. i don't want to lost money..  Grin

There have been very few times in the history of bitcoin when buying mining gear paid off better than just buying coins.

Buy mining gear if:

  • you have insider access to new gear that's not available to the general public yet
  • you have unlimited free power and a very reliable internet connection
  • you love gambling and can afford to lose your investment

Otherwise buy coins directly and do your part to build the bitcoin economy.
full member
Activity: 168
Merit: 100
January 21, 2014, 12:19:24 PM
#9
Bene fretta e decidere!

I think scrypt mining will be the safe option if you are worried about losing.

Trading is a worrying world.
newbie
Activity: 56
Merit: 0
January 21, 2014, 12:14:05 PM
#8
Soo winner winner gonna mine some chickendinner coin??

I'm sure that will be a coin soon.

So what you thinking for your 6k??? You could get a fair few Mhash for 6k.

Any thoughts on making a rig?? I've seen some people really go to town making great looking machines.

I still have not decided what to do.. i don't want to lost money..  Grin
full member
Activity: 168
Merit: 100
January 21, 2014, 11:57:49 AM
#7
Soo winner winner gonna mine some chickendinner coin??

I'm sure that will be a coin soon.

So what you thinking for your 6k??? You could get a fair few Mhash for 6k.

Any thoughts on making a rig?? I've seen some people really go to town making great looking machines.
newbie
Activity: 56
Merit: 0
January 21, 2014, 11:35:53 AM
#6
Invest in my Group Buy some of them, i have last 185 shares available eq 185 ghs at 0,007 btc gh/s = 1,295 btc.
You can make about 3 btc in 3-6 month with them.

i don't like so much buy shares sorry

nothing worth buying right now. specially not gpu-s and scrypt mining!
you have nice amount of money! stick with it and wait for next generation of miners (5-7TH) and be fast  on ordering!


i think 5-7 th will be not soon aviable for 6k dollar..

Mine scrypt instead of BTC. Cheaper to get into and has a better resell.

Plenty of multipools that will make mining and selling to BTC easy.

there are a lot of new script coin, and sometime someone of them will be a great deal.. and if mined immediately when born, can make you earn a lot...
sr. member
Activity: 266
Merit: 250
January 21, 2014, 10:52:14 AM
#5
nothing worth buying right now. specially not gpu-s and scrypt mining!
you have nice amount of money! stick with it and wait for next generation of miners (5-7TH) and be fast  on ordering!
full member
Activity: 168
Merit: 100
January 21, 2014, 09:12:51 AM
#4
Mine scrypt instead of BTC. Cheaper to get into and has a better resell.

Plenty of multipools that will make mining and selling to BTC easy.
member
Activity: 98
Merit: 10
January 21, 2014, 09:10:31 AM
#3
Invest in my Group Buy some of them, i have last 185 shares available eq 185 ghs at 0,007 btc gh/s = 1,295 btc.
You can make about 3 btc in 3-6 month with them.
newbie
Activity: 11
Merit: 0
January 21, 2014, 09:03:25 AM
#2
Send it to me, I'll make good use of it  Cool

On a more serious note. I guess investing is better, like buying/selling stuff. If you have the time and expertise for it.
Investing in hardware is kinda risky due to the growing difficulty.
newbie
Activity: 56
Merit: 0
January 21, 2014, 06:33:32 AM
#1
hi all^^
this is my question.. if you have got 6k dollar, to invest in mining hardware, how you invest them?
i was going to buy 4 Bitmain AntMiner S1 180GH/S Miner. but i don't know if is the good way.

this website is safe?
http://sushi-review.com/bitmain-antminer-s1-180gh-s-miner.html

or, it's better invest in some rig of 280x for mine script coin?
I have some doubts.. help me!
Cheesy
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