Topic: Best miner for the money? - page 2. (Read 4887 times)
The answer is unless you are a Russian billionaire... Nothing. Because if you don't cover the costs of your hardware within a few months it becomes obsolete. I've upgraded a Jal from 5gh to 7gh.. A 25gh -30gh... Then cancelled my orders into 167gh of hosted mining that MAY start in Jan -Feb... By then 167gh will be like 2x jalapenos.. In todays crypto busting power... Only way to make money is trade... and that's dodgy too. As someone said the peasants looking for gold has stopped the big mining companies have moved in. Think of a Dalmatian losing all it's spots apart from a few... That's what the future of mining looks like for you and me. BTC price may be held artificially high by companies just to secure their businesses. No you and me mining... Means no business for them.. So they go ahead and produce MEGA machines for Arab Sheiks with $22,000 to "spare". The rich get richer... that includes the hardware manufacture too.
Thank you for all the feedback. I've already paid for 1 of the miners this week(ROI). So I am making my investment back slowly. PPNLS is the way to go for sure.
You need to understand how mining difficulty works before you invest more into mining gears. (And also that it doesn't matter if you are using PPLNS, PPS, or any other payout mechanism.)
might want to wait for a little bit for the GH/S price self adjust... Right now it's sooooooo high
You could try:
www.buyahash.com
Worth considering for mining hardware and they also stock difficult to get hold of mining equipment, cables, back planes etc. They also source specific products so you could also ask them to locate it if you had something particular in mind. They also accept crypto payments.
Good luck.
Cex.io at .09 BTC per 1GHs hashing power it's close to the best mining power bang for your BTC.
Thank you for all the feedback. I've already paid for 1 of the miners this week(ROI). So I am making my investment back slowly. PPNLS is the way to go for sure.
and this investment you're making back, it'll come to a standstill in a couple of months
you know, the whole .1, .075, 0.056, 0.042, 0.032, 0.024, 0.018, 0.013, 0.010 thing.
approx. 10-11 days in between each
that's not a lot of monies.
Thank you for all the feedback. I've already paid for 1 of the miners this week(ROI). So I am making my investment back slowly. PPNLS is the way to go for sure.
I currently have 8 ASIC erupters, but I want to be mining at a 0.1 BTC per day. How much hardware we talking here?
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
Did you say 0.1 BTC per day? :/...
I have a Jalapeno's Butterfly labs ASIC, @ 5 GHash and returns 0.006 per day :S
Each day the mining rate is lower
I prefer to doing trading at this moment, the btc price is very variable
I currently have 8 ASIC erupters, but I want to be mining at a 0.1 BTC per day. How much hardware we talking here?
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
USB erupters can't ROI.. sell it while it still have values...
I currently have 8 ASIC erupters, but I want to be mining at a 0.1 BTC per day. How much hardware we talking here?
ATLEAST 80Ghash.. as this week nets in about 0.1 a day. but then the next difficulty jump it would be a 120ghash, then 170Ghash
thats between 30-50% jump in hash requirements per 2 weeks..the cost of constant upgrading exceeds the income.
we are no longer in the gold spectre days of the wild west, now we are moving into the industrial and town settlement stages of the wild west. setting up shops, renting out rooms, selling beer in saloons all for the chance of getting miners income without the sweat and heat that comes with mining.
so buy a brand new xbox/ playstation. (price ticket of a few hundred dollars) and sell for a 10% price increase (but for bitcoins) then youll receive 0.1BTC profit if you sold one of them per day.
think of selling 10 items priced wholesale of $30 which u can sell for $33 worth of bitcoin .. again there's your 0.1BTC
retail is the way forward, unless you want to risk the next gen miner that comes out, hoping for a better ROI then the current 333mhash chips currently give you
Out of stock.
I currently have 8 ASIC erupters, but I want to be mining at a 0.1 BTC per day. How much hardware we talking here?
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.
Jump to: