Topic: buying or mining - page 3. (Read 1699 times)
Easy: what is cheaper!
If you had to ask, you cant afford it.
And where you can buy shares?
Definitely buying.
When you wanna get into mining you need an ASIC hardware, which is expensive.
It is very unlikely that you will ever break even, because ordering it now (from Avalon, Butterfly labs) you have to wait for months. And the network Hash Rate is drastically increasing making your investment less and less profitable every month. ASICMiner is the only company that delivers ASICs quickly, but again, their hardware is for professionals and you'll need some skill to set it up.
In my opinion the best solution (if you really want to get into mining) is to buy ASICMiner shares. You're getting profits from everything friedcat (company owner) mines with his 22 TH/s machines and you get your cut from every penny he makes on ASIC hardware sales, so you're not all dependent on his mining network percentage. Profits are divided equally on every share (there are 400,000 total shares, ~230,000 still belong to friedcat).
Why shares, not hardware?:
1. You don't need any professional skills.
2. You don't have to spend your time taking care of it.
3. Your money is liquid, you can sell your shares with a single click (and you can't do this with hardware).
Even though buying shares is a risky business, I believe it is fairly safe compared to investing into mining hardware not knowing how to deal with it.
When you wanna get into mining you need an ASIC hardware, which is expensive.
It is very unlikely that you will ever break even, because ordering it now (from Avalon, Butterfly labs) you have to wait for months. And the network Hash Rate is drastically increasing making your investment less and less profitable every month. ASICMiner is the only company that delivers ASICs quickly, but again, their hardware is for professionals and you'll need some skill to set it up.
In my opinion the best solution (if you really want to get into mining) is to buy ASICMiner shares. You're getting profits from everything friedcat (company owner) mines with his 22 TH/s machines and you get your cut from every penny he makes on ASIC hardware sales, so you're not all dependent on his mining network percentage. Profits are divided equally on every share (there are 400,000 total shares, ~230,000 still belong to friedcat).
Why shares, not hardware?:
1. You don't need any professional skills.
2. You don't have to spend your time taking care of it.
3. Your money is liquid, you can sell your shares with a single click (and you can't do this with hardware).
Even though buying shares is a risky business, I believe it is fairly safe compared to investing into mining hardware not knowing how to deal with it.
Try mining litecoins? Slightly more lucrative I think.
It's really too late to start mining, from what I read. You can do the investment for the hardware, but really, the only thing that tells you that you will make your money back is butterfly's own calculator.
Nothing wrong with mining on your own hardware for a bit... until you realize it's not going to get you much 
Less investment with buying.
Why not both?
Buying and mining that is my answer.
that is the question....
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