Author

Topic: If I rent out bit mining hardware how many GH do I need? (Read 1037 times)

hero member
Activity: 1372
Merit: 783
better everyday ♥
Yeah if you want it for BTC mining then this is better ime to buy btc than mine them if you don't plant minning some other currency as you may.

Could I buy them and sell them later as if it were a stock market type thing? Where could I do that

I think that's https://cex.io/

Not sure the profitability vs renting a miner, but here's their profitability calculator:

https://cex.io/calc

Personally, I wouldn't consider it, but if you want to try it out for a few GH/s I'm sure it wouldn't hurt.
newbie
Activity: 10
Merit: 0
Yeah if you want it for BTC mining then this is better ime to buy btc than mine them if you don't plant minning some other currency as you may.

Could I buy them and sell them later as if it were a stock market type thing? Where could I do that
newbie
Activity: 30
Merit: 0
is it even make sence to rent mining hardware ?
sr. member
Activity: 336
Merit: 250
yung lean
yall posting in a troll thread
sr. member
Activity: 266
Merit: 250
That's terrible.

Antminer S1's are about $3.50/GH right now.

Please please stay away from anything Butterfly Labs related.

Take a look at Dogie's guide first:

https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Make note of the brown shit color grade it got.


But what IS a GH? And how many should I get?
Buy bitcoins direct, don't mine with cloud mining. Plain and simple.
hero member
Activity: 601
Merit: 500
Vote 4fryn :)
That's terrible.

Antminer S1's are about $3.50/GH right now.

Please please stay away from anything Butterfly Labs related.

Take a look at Dogie's guide first:

https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Make note of the brown shit color grade it got.


But what IS a GH? And how many should I get?

Are you starting a service selling business? Go to the services section and ask for demands of renting!
sr. member
Activity: 434
Merit: 250
Yeah if you want it for BTC mining then this is better ime to buy btc than mine them if you don't plant minning some other currency as you may.
sr. member
Activity: 266
Merit: 250
Like others have said, stay away from BFL. Not sure you'd find many people that support BFL.
hero member
Activity: 1372
Merit: 783
better everyday ♥
That's terrible.

Antminer S1's are about $3.50/GH right now.

Please please stay away from anything Butterfly Labs related.

Take a look at Dogie's guide first:

https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Make note of the brown shit color grade it got.


But what IS a GH? And how many should I get?

GH/s = Gigahash per second.  More gigahash the merrier.  The lower the $ per GH/s the better.

$10/GH is a ripoff plain and simple.  You're better buying Bitcoins now and holding, they're affordable in price.
newbie
Activity: 10
Merit: 0
That's terrible.

Antminer S1's are about $3.50/GH right now.

Please please stay away from anything Butterfly Labs related.

Take a look at Dogie's guide first:

https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Make note of the brown shit color grade it got.


But what IS a GH? And how many should I get?
jr. member
Activity: 38
Merit: 2
This must be trolling.

How many would I need to make a good profit? ...  Grin Grin Grin Grin
Lmao.
hero member
Activity: 1372
Merit: 783
better everyday ♥
That's terrible.

Antminer S1's are about $3.50/GH right now.

Please please stay away from anything Butterfly Labs related.

Take a look at Dogie's guide first:

https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

Make note of the brown shit color grade it got.
newbie
Activity: 10
Merit: 0
So BFL is offering to let us rent out mining rigs for about 10$ per GH but I'm new and have no idea what that is. How many would I need to make a good profit?
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