Topic: Is community mining a good idea for newbies? (Read 420 times)
you could always just buy a preorder.
Thanks!
One possible option is to buy shares on sites like https://btct.co/ or Bitfunder.
Hi, I´m really, really new at this, but I got the idea mining requires new and expensive hardware as bitcoin difficulty ramps up. I´ve also been studying those 50/60 Ghashes/sec ASIC miners, and they aren´t for sell anywhere (some place even unavailable for pre orders).
Where I live, there´s also 100% import taxes fees, which makes the cost of importing ASIC miners for more than $20000 prohibitive, and given the nature of the bitcoin mining process, looks quite risky to spend about $40000 in investments that may become obsolete in the future.
So, to a guy like me, paying shares to join community mining projects would be the best way, or are there better alternatives to profit with mining?
Where I live, there´s also 100% import taxes fees, which makes the cost of importing ASIC miners for more than $20000 prohibitive, and given the nature of the bitcoin mining process, looks quite risky to spend about $40000 in investments that may become obsolete in the future.
So, to a guy like me, paying shares to join community mining projects would be the best way, or are there better alternatives to profit with mining?
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