Asic miner giving the best return on investment ?

crocko

hero member

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'All that glitters is not gold'

Quote from: 2tights on January 07, 2014, 04:35:55 PM

Quote from: crocko on January 07, 2014, 04:23:08 PM

Consider to invest in coins instead of mining.
Buy all type not only BTC.

Where do you purchase your altcoin?

You can buy altcoins from various websites, like BTC-E.com and Crypto-Trade.com : PPC, NMC, XPM, FTC
You can convert these altcoins to BTC too. I think for others (eg.: TRC or DOGE) you must have mining gear, because I don't found any website that trade them for fiat (=real money).

jdndndndx

newbie

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@mpattison

I'm new and ignorant. Please correct me.

mpattison

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Quote from: jdndndndx on January 09, 2014, 12:54:22 AM

@nodroids
So you need a full scale commercial setup for mining to be profitable with SHA256 coins? Does the same logic apply to Scrypt coins?

That just isn't true at all.
Undecided

jdndndndx

newbie

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@nodroids
So you need a full scale commercial setup for mining to be profitable with SHA256 coins? Does the same logic apply to Scrypt coins?

nodroids

newbie

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The fact is that it's almost always been WAY better for a hobbiest to put his money into BTC now than to preorder for delivery 3-6 months out.

bitbones

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Here's another great site where you can prove for yourself that mining bitcoins now, or in the future, is not viable (profitable).
http://bitcoinwisdom.com/bitcoin/calculator

The manufacturers are no doubt making money from both mining, because they are at the forefront of the technology, and of course from their sales.

I'm just as sorry as you, but it's the cold hard reality Sad

Kenshin

sr. member

Activity: 280

Merit: 250

Quote from: cerberre on January 03, 2014, 01:14:20 PM

What do you think ?

According to the forum it seems the best asic miner is the incoming Neptune from KnC Miner.

This depends where you are based. If you are in the US, I will get the CoinTerra. You don't need to pay import tax. If you are based in the EU, then I will go for the KNC miner, again you don't need to pay import tax if you lived in the EU.

2tights

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Activity: 308

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I like big BITS and I cannot lie.

Quote from: crocko on January 07, 2014, 04:23:08 PM

Consider to invest in coins instead of mining.
Buy all type not only BTC.

Where do you purchase your altcoin?

crocko

hero member

Activity: 826

Merit: 1000

'All that glitters is not gold'

Consider to invest in coins instead of mining.
Buy all type not only BTC.

jdndndndx

newbie

Activity: 28

Merit: 0

With all the rapid changes in ASIC mining capacity and mining difficulty, is mining SHA-256 coins a speculative venture? In other words, you mine and hope the coins rise in value?

I am new and probably ignorant of the facts, so maybe that is how mining has always been.

2tights

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I like big BITS and I cannot lie.

Quote from: Zen00 on January 06, 2014, 09:39:34 PM

So, presuming that none of the 2 Th/s machines of today will give a ROI because you didn't jump on them fast enough, what hardware will be coming down the pipeline next that will do a ROI?

There are so possibilities right now only one or two moves ahead, I'm not sure how anyone can look 4 or 5 moves ahead at this point like you're asking. There's so much flux right now that everything is capable of changing very quickly.

Zen00

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So, presuming that none of the 2 Th/s machines of today will give a ROI because you didn't jump on them fast enough, what hardware will be coming down the pipeline next that will do a ROI?

Entropy-uc

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Quote from: ScaryHash on January 06, 2014, 09:28:38 PM

Quote from: kendog77 on January 06, 2014, 02:06:39 PM

Quote from: xephyr on January 06, 2014, 01:35:12 PM

Quote from: cerberre on January 06, 2014, 04:24:07 AM

So which asic miner available as of now would you advise ?

Take a look at http://mining.thegenesisblock.com/ bottom of the page for a list of companies selling bitcoin ASIC miners and availability. Butterfly Labs has a 50 GH/s Bitcoin Miner in stock now: https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

The best deal on a miner that ships immediately is a Bitmain Antminer. Antminers are far superior, and cost lest per GH than the old, power inefficient, 65nm crap BFL is selling.

The group buy link is here:
https://bitcointalksearch.org/topic/colosed-group-buy6-happy-new-year-giveaway-bitmain-antminer-s1-180gh-3-btc-392860

+1, what Kendog said.

After a little fiddling, you will be very happy.

$17 / Gh/s ? If losing money makes you happy, just send your BTC to me.

ScaryHash

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Activity: 529

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Quote from: kendog77 on January 06, 2014, 02:06:39 PM

Quote from: xephyr on January 06, 2014, 01:35:12 PM

Quote from: cerberre on January 06, 2014, 04:24:07 AM

So which asic miner available as of now would you advise ?

Take a look at http://mining.thegenesisblock.com/ bottom of the page for a list of companies selling bitcoin ASIC miners and availability. Butterfly Labs has a 50 GH/s Bitcoin Miner in stock now: https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

The best deal on a miner that ships immediately is a Bitmain Antminer. Antminers are far superior, and cost lest per GH than the old, power inefficient, 65nm crap BFL is selling.

The group buy link is here:
https://bitcointalksearch.org/topic/colosed-group-buy6-happy-new-year-giveaway-bitmain-antminer-s1-180gh-3-btc-392860

+1, what Kendog said.

After a little fiddling, you will be very happy.

2tights

sr. member

Activity: 308

Merit: 251

I like big BITS and I cannot lie.

Quote from: kendog77 on January 06, 2014, 02:06:39 PM

Quote from: xephyr on January 06, 2014, 01:35:12 PM

Quote from: cerberre on January 06, 2014, 04:24:07 AM

So which asic miner available as of now would you advise ?

Take a look at http://mining.thegenesisblock.com/ bottom of the page for a list of companies selling bitcoin ASIC miners and availability. Butterfly Labs has a 50 GH/s Bitcoin Miner in stock now: https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

The best deal on a miner that ships immediately is a Bitmain Antminer. Antminers are far superior, and cost lest per GH than the old, power inefficient, 65nm crap BFL is selling.

The group buy link is here:
https://bitcointalksearch.org/topic/colosed-group-buy6-happy-new-year-giveaway-bitmain-antminer-s1-180gh-3-btc-392860

yeah don't' get BFL'd

kendog77

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Activity: 742

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Quote from: xephyr on January 06, 2014, 01:35:12 PM

Quote from: cerberre on January 06, 2014, 04:24:07 AM

So which asic miner available as of now would you advise ?

Take a look at http://mining.thegenesisblock.com/ bottom of the page for a list of companies selling bitcoin ASIC miners and availability. Butterfly Labs has a 50 GH/s Bitcoin Miner in stock now: https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

The best deal on a miner that ships immediately is a Bitmain Antminer. Antminers are far superior, and cost lest per GH than the old, power inefficient, 65nm crap BFL is selling.

The group buy link is here:
https://bitcointalksearch.org/topic/colosed-group-buy6-happy-new-year-giveaway-bitmain-antminer-s1-180gh-3-btc-392860

xephyr

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Activity: 285

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Quote from: cerberre on January 06, 2014, 04:24:07 AM

So which asic miner available as of now would you advise ?

Take a look at http://mining.thegenesisblock.com/ bottom of the page for a list of companies selling bitcoin ASIC miners and availability. Butterfly Labs has a 50 GH/s Bitcoin Miner in stock now: https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

cerberre

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Activity: 76

Merit: 10

So which asic miner available as of now would you advise ?

ScaryHash

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Activity: 529

Merit: 501

The best ASIC miner that will give you the best return on the investment is the one that is mining on your desk right now, or lands on your doorstep in a few days.

Forget pre-orders from any company that has not done tape-out yet.

It it's not hashing right now (or within a few days), you're already losing money on the deal.

Why wait when you could be hashing? Any 55nm or 65 nm miner will be good until 17 billion and change difficulty. You don't need 28 nm technology to make money, right now.

empoweoqwj

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Activity: 518

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Quote from: mpattison on January 04, 2014, 06:04:53 PM

Quote from: empoweoqwj on January 03, 2014, 09:17:57 PM

Quote from: cerberre on January 03, 2014, 01:14:20 PM

What do you think ?

According to the forum it seems the best asic miner is the incoming Neptune from KnC Miner.

The best ASIC miner is the one you can get your hands on today and actually calculate ROI.

This, exactly.
If you can get your hands on a miner that can ROI even slightly, I would do it, because most calculators tend to overestimate network growth.

Let's face it. Network hashing "calculators" are guess machines, not actual calculators. Don't trust them, whether over or underestimate.

mpattison

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Quote from: empoweoqwj on January 03, 2014, 09:17:57 PM

Quote from: cerberre on January 03, 2014, 01:14:20 PM

What do you think ?

According to the forum it seems the best asic miner is the incoming Neptune from KnC Miner.

The best ASIC miner is the one you can get your hands on today and actually calculate ROI.

This, exactly.
If you can get your hands on a miner that can ROI even slightly, I would do it, because most calculators tend to overestimate network growth.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: cerberre on January 03, 2014, 01:14:20 PM

What do you think ?

According to the forum it seems the best asic miner is the incoming Neptune from KnC Miner.

The best ASIC miner is the one you can get your hands on today and actually calculate ROI.

jdndndndx

newbie

Activity: 28

Merit: 0

Does it make economic sense to buy these miners at today's prices or are you buying them, mining and hoping the price goes up?

Markov

sr. member

Activity: 258

Merit: 250

Breizh Atao

No scrypt asic miner, yet. It may or may not come, that's another thing. You can mine BTC, all merged coins, PPC and TRC and all other copies of BTC with SHA256

braindead

sr. member

Activity: 452

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Nops u can mine other altcoins based on sha256

jdndndndx

newbie

Activity: 28

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Are KNC products, such as Neptune, only able to mine BTC?

NecroBones

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Ignoring the electrical costs, I think the KNC Neptune looks like it'll be in the same ballpark of "performance per dollar", at $3.33/GHash, as some of the other Q1/Q2 2014 offerings from others, such as the Terraminer IV, and the BA Prospero X1/X2 units, among others. I'd be curious to see if it actually launches with a higher hashing rate than advertised currently.

2tights

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Activity: 308

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I like big BITS and I cannot lie.

I agree with your assessment.

cerberre

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Activity: 76

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What do you think ?

According to the forum it seems the best asic miner is the incoming Neptune from KnC Miner.

Topic: Asic miner giving the best return on investment ? (Read 4089 times)