That's a lotta BTCs! Does anyone know how to make a time machine?
Of course, but like any time machine it can only take you to the future... 
Topic: bitcoin mining investment for dummies (Read 6002 times)
I'm interested in mining bitcoin, but do not have the technical expertise or inclination to build a mining rig. Can I invest my bitcoin in someone else's operation for a cut of the profits? What do I need to know as a newb investor to avoid getting ripped of or dealing with someone who lacks the technical competence to generate a return on investment while safe guarding my btc capitol? obviously mining is a high risk investment, what should I expect as far as returns on invested capitol.
My investment objectives would be to; support the btc network, earn a decent return, mitigate risk to the greatest reasonable extent.
your comments are greatly appreciated.
My investment objectives would be to; support the btc network, earn a decent return, mitigate risk to the greatest reasonable extent.
your comments are greatly appreciated.
I will tell you everything you need to know and help you set everything up for one new or used 7970
Or for perspective, to show how long ago that was ...
"your expected yearly generation at 1ghps is already down to 16590 btc or so."
- https://bitcointalksearch.org/topic/m.40069
That's a lotta BTCs! Does anyone know how to make a time machine?
If your interested in investing in Bitcoin mining and other Bitcoin based companies and operations without having to deal with the trades and evaluations of companies yourself, you can investing Gamma Bitcoin Fund. We are opening up on the 15th of April for public investors, for more info take a look at this thread or send me a pm 
https://bitcointalksearch.org/topic/investment-fund-gamma-bitcoin-fund-closed-74975
//DeaDTerra
https://bitcointalksearch.org/topic/investment-fund-gamma-bitcoin-fund-closed-74975
//DeaDTerra
Ha, thanks. I understand that the 'buy and hold' risk and 'mining' risk are compounded. that's why my expectation is a return on investment denominated in btc, if I accept the risk associated with mining.
Here's Exhibit A:
Quote
[...] Produce a significant amount of ASIC based mining hardware (two orders of magnitude more power efficient and dense comparing to GPU's). Our target is to build multi Thps (X 000 000 Mhps) bitcoin mining operation
- https://bitcoin.org.uk/forums/topic/486-announcement-a-public-company-is-being-formed-to-enter-asic-bitcoin-mining-marketplace/
Vladimir was the first to sell large mining contracts, more than a year ago.
- https://bitcointalksearch.org/topic/--2883
Or for perspective, to show how long ago that was ...
"your expected yearly generation at 1ghps is already down to 16590 btc or so."
- https://bitcointalksearch.org/topic/m.40069
Ha, thanks. I understand that the 'buy and hold' risk and 'mining' risk are compounded. that's why my expectation is a return on investment denominated in btc, if I accept the risk associated with mining.
mitigate risk to the greatest reasonable extent.
Mining used to be a form of speculation that was slightly less risky than buying and holding BTCs outright. Now that GPUs are on their way out, and FPGA boards don't hold their value compared to how GPUs did, an investment in mining is becoming nearly as risky as the investment in BTC or a greater risk even.
So the terms "mitigate risk" and "bitcoin mining" are not to be used in the same thread.
Hi - Check out the Global Bitcoin Stock Exchange www.glbse.com. Lot's of good mining companies to invest in there!
I'm interested in mining bitcoin, but do not have the technical expertise or inclination to build a mining rig. Can I invest my bitcoin in someone else's operation for a cut of the profits? What do I need to know as a newb investor to avoid getting ripped of or dealing with someone who lacks the technical competence to generate a return on investment while safe guarding my btc capitol? obviously mining is a high risk investment, what should I expect as far as returns on invested capitol.
My investment objectives would be to; support the btc network, earn a decent return, mitigate risk to the greatest reasonable extent.
your comments are greatly appreciated.
My investment objectives would be to; support the btc network, earn a decent return, mitigate risk to the greatest reasonable extent.
your comments are greatly appreciated.
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