Author

Topic: Hey everyone, Getting starting here (Read 923 times)

member
Activity: 118
Merit: 100
August 13, 2014, 07:15:02 AM
#7
Dont mine now you will never have profit.

Instead buy bitcoins and trade or wait to see some rise in prices and sell them.
hero member
Activity: 658
Merit: 500
Small Red and Bad
August 13, 2014, 07:09:19 AM
#6
Or you could get a hosted S3 and try cloud mining. Somebody else will take care of the heat for you! Smiley
hero member
Activity: 873
Merit: 1007
August 13, 2014, 06:38:26 AM
#5
Be aware that each S3 puts out at least 340W of heat with a PSU, so 2 of them will warm up a room significantly if you don't have some airflow.  You need to open some windows or use AC unless you need the heat.
full member
Activity: 195
Merit: 100
August 13, 2014, 05:14:52 AM
#4
If you have been following some other threads, the ANTMINER S3 is a good unit to start. You need the miner and the power supply. I think someone is selling them for $429.  Be sure you understand the heat and noise implications of the unit. These are apparently pretty good if you get a good PS.

For 1500, you could start with 2 for 1.32 BTC directly from Bitmain. Then a 1000 Watt power supply if you might want to overclock. See this thread
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-bitmain-antminer-s3-setup-hd-702653
full member
Activity: 138
Merit: 100
August 12, 2014, 11:13:52 PM
#3
Not a great time to start if you want to make money. If you just want to mine, get a really inexpensive setup.

and what do you suggest

Thanks Smiley
full member
Activity: 195
Merit: 100
August 12, 2014, 09:45:59 PM
#2
Not a great time to start if you want to make money. If you just want to mine, get a really inexpensive setup.
full member
Activity: 138
Merit: 100
August 12, 2014, 08:03:30 PM
#1
What would you guys consider would be the best asic machine to start mining with Smiley. i have about $1500 to work with.

Thanks everyone i appreciate the feedback

Cheers and happy mining! Smiley
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