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Topic: Is it a good idea to buy a 100GH/s asic that will ship in february (Read 2397 times)

newbie
Activity: 14
Merit: 0
Buy BTC and hold.
sr. member
Activity: 448
Merit: 250
100GH/s currently will get you less than 0.1 btc a day; by January rolls around, you will get much less than that. Buy btc directly and hold it. Much safer, and guaranteed profit.
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
Buy coins, all type of coins (PPC, TRC, LTC, FTC ...) not only BTC. Wait for the price to raise then trade.
More safe, more profit ! Wink
full member
Activity: 210
Merit: 100
Crypto News & Tutorials - Coinramble.com
Will not get you the ROI, difficulty will be much higher by then.
DrG
legendary
Activity: 2086
Merit: 1035
I missed the Bitcoin boat, even though I new about it in 2011, I didn't pay much attention to it. Bought a couple of coins at a peak, thinking of mining now. I found a chinese company selling 100 GH/s asics at a relatively cheap price but they will ship only in february. By that time there is a possibility that even 100 GH/s will be useless. So I wanted to ask if that would be the case or is it still worth buying asics?. I can't afford those ASICs that have > 1 TH/s though they might be cheaper on a per giga hash basis.


Every hash that is not in the hands of some large pool or user makes BTC stronger and more resilient.

You will not make a profit from the device, but you will strength the currency.  Buy some coin and if you have leftover money then buy the device (think of it as buying a safe for your gold or silver).
sr. member
Activity: 434
Merit: 250
All ASIC hardware is expensive right now because the ratio of bitcoin value to difficulty is high...its a bad time to get in.

I would suggest gpu mining for one for one of the altcoins.

At the end of the day whatever kind of mining you can do supports the network even if you don't make much of an ROI
newbie
Activity: 8
Merit: 0
I missed the Bitcoin boat, even though I new about it in 2011, I didn't pay much attention to it. Bought a couple of coins at a peak, thinking of mining now. I found a chinese company selling 100 GH/s asics at a relatively cheap price but they will ship only in february. By that time there is a possibility that even 100 GH/s will be useless. So I wanted to ask if that would be the case or is it still worth buying asics?. I can't afford those ASICs that have > 1 TH/s though they might be cheaper on a per giga hash basis.
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