Is it worth it to get back in? - page 2.

SlyFoxy12

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Activity: 111

Merit: 10

Quote from: cdog on November 15, 2013, 11:19:18 AM

Feb is wayyyyy to far off, its one thing to order 6-8 weeks ahead but 3+ months who knows what BTC price/difficulty will be... major crapshoot

Just buy BTC, if i had spent all my $ on BTC back in February rather than buy miners... Id have 20x as much in USD.

This is all true but the that's the nature of mining, your risk is picking the horse to back, but you should ultimately do cost calculations taking into account that bitcoin will likely rise as is the nature of bitcoin to do so. I bought my KnC Mercury when bitcoin was £70 and then it went 4x that and as long as it stays reasonably high, I don't see it going less than £140 personally, then I'm easily going to make a decent profit.

I always feel that there's a bit more safety in mining as the hardware is 100% yours but now that it's all ASIC based that's probably not much of a comfort if bitcoin did go wrong in a big way.

bitcoindirect

member

Activity: 112

Merit: 10

Agreed, wish I got a few of those bitfury's when they were just a $130. And Bitmit is going offline right? Does anyone know why?

www.bitcoindirec.net
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hulk

sr. member

Activity: 392

Merit: 250

Quote from: bitcoindirect on November 18, 2013, 01:58:18 AM

So no one has anything currently in stock that is being sold? Everything is pre order again just like BFL, avalon, etc but with more hashing power? Thanks for the replies!

www.bitcoindirect.net
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Anything that is in stock is ebay or bitmit, which is already overpriced by now...

bitcoindirect

member

Activity: 112

Merit: 10

So no one has anything currently in stock that is being sold? Everything is pre order again just like BFL, avalon, etc but with more hashing power? Thanks for the replies!

www.bitcoindirect.net
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Sythyn

hero member

Activity: 1082

Merit: 505

A Digital Universe with Endless Possibilities.

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
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Yes, but this time you should do CPU mining... look up on PTS...

GodfatherBond

sr. member

Activity: 264

Merit: 250

I suggest take a look at:

https://bitmine.ch/?post_type=product

and

http://www.blackarrowsoftware.com/store/

Undefeatable

sr. member

Activity: 286

Merit: 250

Quote from: chaosknight on November 16, 2013, 06:02:05 AM

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
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Yes but get the 2 TH/s machine from cointerra instead...

I heard cointerra delay their shipment too... so it might not be a good deal?

chaosknight

hero member

Activity: 868

Merit: 1000

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
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Yes but get the 2 TH/s machine from cointerra instead...

Badonkadonk

hero member

Activity: 560

Merit: 500

Quote from: bitcoindirect on November 16, 2013, 05:03:18 AM

That's why I'm asking, because I know in the beginning of these miners there were alot of fake companies or unreliable asking for preorder money. Now that they shipped, they're a metric ton of suppliers. Who is currently selling mining equipment that has stuff in stock. I know the 2THs machines I saw (i forget what company) wound up saying not shipping til february, but that seems like a hell of a lot of network difficulty increases between now and then.

What places would you suggest looking? I saw one that's doing close to 20ghs for $700 or so but the company didn't seem legit and all it was, was a circuit board with bit fury chips or something and wah lah 20ghs lol. Give me some listings you guys know of please.

www.bitcoindirect.net
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with the pricerange you are looking for, there aren't many options im afraid,
think most are selling for 3k, 5k etc.

ether blackarrow or cloudmining, at least blackarrow will give you more ghs if they lower the price after you order.

bitcoindirect

member

Activity: 112

Merit: 10

That's why I'm asking, because I know in the beginning of these miners there were alot of fake companies or unreliable asking for preorder money. Now that they shipped, they're a metric ton of suppliers. Who is currently selling mining equipment that has stuff in stock. I know the 2THs machines I saw (i forget what company) wound up saying not shipping til february, but that seems like a hell of a lot of network difficulty increases between now and then.

What places would you suggest looking? I saw one that's doing close to 20ghs for $700 or so but the company didn't seem legit and all it was, was a circuit board with bit fury chips or something and wah lah 20ghs lol. Give me some listings you guys know of please.

www.bitcoindirect.net
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botolo86

full member

Activity: 200

Merit: 100

Quote from: ajw7989 on November 15, 2013, 05:30:42 PM

caution with this since you can easily lose money as well. Their value currently is way overpriced and the recent dips can hurt badly (hurt me). When they reach 0.05-0.06 maybe reconsider. Its more of playing a different type of exchange with cex.io. Letting it mine nonstop for a month or so will not give a ROI you must play the dips to be profitable

Agree. I paid the same price today, when I had to sell my GHs because of the huge dip. The beauty of mining is having something working for you. With CEX you have to pay attention to the current price of GHs all the time and it becomes very similar to trading...if I wanted to trade, I would just buy and sell BTC.

ajw7989

legendary

Activity: 924

Merit: 1000

Quote from: AvalonMiner on November 15, 2013, 12:15:14 PM

I would recommend cloud mining through cex.io. You can buy and sell more gh of mining speed whenever you want and they have maintain the hardware. All you have to do is pay and then get btc, nmc, ixc and dvc into your account every block. To start just click on my signature below

caution with this since you can easily lose money as well. Their value currently is way overpriced and the recent dips can hurt badly (hurt me). When they reach 0.05-0.06 maybe reconsider. Its more of playing a different type of exchange with cex.io. Letting it mine nonstop for a month or so will not give a ROI you must play the dips to be profitable

AvalonMiner

member

Activity: 84

Merit: 10

I would recommend cloud mining through cex.io. You can buy and sell more gh of mining speed whenever you want and they have maintain the hardware. All you have to do is pay and then get btc, nmc, ixc and dvc into your account every block. To start just click on my signature below

chaosknight

hero member

Activity: 868

Merit: 1000

Quote from: Badonkadonk on November 15, 2013, 06:34:46 AM

blackarrow is pretty cheap, about 3usd pr ghs and said to run at .5w pr ghs.
cheapest ive found so far, but they are not shipping til febuary

Yup, I believe this is the best deal right now for feb shipment...

cdog

hero member

Activity: 1036

Merit: 500

Feb is wayyyyy to far off, its one thing to order 6-8 weeks ahead but 3+ months who knows what BTC price/difficulty will be... major crapshoot

Just buy BTC, if i had spent all my $ on BTC back in February rather than buy miners... Id have 20x as much in USD.

Badonkadonk

hero member

Activity: 560

Merit: 500

blackarrow is pretty cheap, about 3usd pr ghs and said to run at .5w pr ghs.
cheapest ive found so far, but they are not shipping til febuary

Johanna

sr. member

Activity: 255

Merit: 250

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
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Not worth it at all..

MilesJohan

sr. member

Activity: 378

Merit: 250

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
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Well, if you really wanna spend your money, try look for the cheapest $ per GH/s... I believe about 2-5$?

markj113

legendary

Activity: 2254

Merit: 1043

got 3X Hex16a boards going cheap.

Run at up to 8gh/s each (24gh/s in total)

Looking for 1.35 bitcoin

SlyFoxy12

member

Activity: 111

Merit: 10

Quote from: bitcoindirect on November 14, 2013, 01:17:51 PM

Hey everyone,

So I was running 2 HIS H785F2G2M Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card a around 6 months ago. I had to stop running them a few months ago when I moved, considering the house I moved to was not able to keep my room cold enough in this Texas heat.

I see the eruptor blades, the new bitfurys and that the usbs that are doing 333mhs went down in price. Are there miners that aren't back ordered that are within a grand that are worth having. Or what would you guys do for a setup if I was trying to get back into mining while the iron is hot, but for the least amount.

So if I had 250-500 to spend, or 500-1000 to spend, what would you guys suggest and what do you think on ROI? After ROI I'm fine cause I would love to help the cause still. Thanks!

www.bitcoindirect.net
Custom Etched Glasses & Mirrors

Honestly, it's probably got to be $2000+ dollars in mind to make it worth while or at least that was the cost of a Mercury KNC miner + tax and shipping (I'm based in the UK) at the time of it showing up it didn't even look like I would get the holy ROI but ultimately with these price increases it's now a dead cert that I will as long as we don't see a major plunge. Eruptors blades/usb aren't worth it, pricey, underpowered and not energy efficient enough for the difficult increase rate, your best bet is to look into the next generations of devices coming and hedge your bets, I thankfully never went in for the likes of BFL or Avalon which have disappointed many. If you want to help the network then go and get some USB miners but I'd be surprised if you got ROI particularly quickly if at all.

You can always checkout http://mining.thegenesisblock.com/ though

Topic: Is it worth it to get back in? - page 2. (Read 5627 times)