Money back in Miners investment | Bitcointalksearch.org

mangox

sr. member

Activity: 364

Merit: 250

Quote from: berties on July 31, 2013, 12:43:42 PM

I'm interested in investing in this new miners, the problem is that I have tu put money for something that hasn't been manufactured. I understand these and asume the risk.

Supose they are not able to respond to your order and you whant your money back. They say they will give it back, but if they don't, how can you force them to do so?

Is there any resource that they ( miner manufacterer ) can offer so his client feels more secure that they are going to comply their sayings?

KnCMiiner >6x 400GH.>>>5 kart BFL z ASIC 600GH / s

https://www.cryptostocks.com/securities/48

jungle_dave

full member

Activity: 200

Merit: 100

Quote from: HereToTrade on July 31, 2013, 03:08:58 PM

Please before you buy anything check out this site: http://mining.thegenesisblock.com/

If you have the specs of any mining machine you can put it into the calculator on that site and it will tell you how much you can expect to mine.
Remember every month in is harder and harder to mine for BTC so you will have to constantly keep upgrading to new machines if you want to make some profit.

There is a lot you need to know in mining so do your research before you spend some $$$
If you decide to get into this kind of business and you purchase your mining equipment keep this thread updated.

Best of luck!!

http://mining.thegenesisblock.com/
Great resource and good articles on the bleeding edge of the industry.

There are a few strategies you can look at,
1 buy your own equipment host it yourself, and pray that it makes it to you on time.
The risk is that the company will not deliver on time or just disapear. Its happened before.

2 buy into a trusted "group buy" of a bigger system with others. Make sure that there is an "escrow"" option and the organizers identity has been confirmed by a trusted 3rd party (John K is well known here for this escrow service)
I am personally invested with a few of these.

3 you can buy shares of an existing mining company that is already up and running
markets that let you buy shares of companies like this can be found:

https://btct.co/

https://bitfunder.com/

Always do your homework and verify the facts.
Hope this helps..

MrHempstock

full member

Activity: 140

Merit: 100

"Don't worry. My career died after Batman, too."

Best advice?

Wait until the generation 2 hardware pre-orders start accepting money (and solidifying your number on the list) sometime at the end of this year or the beginning of next.

Preferably, befriend a mining hardware insider or marry his sister.

berties

newbie

Activity: 49

Merit: 0

Thank you for the feedback.
I'm impressed with the calculator.
I think that the most important issue is the increase of the mining difficulty.
Is there any reliable post of this issue?

HereToTrade

full member

Activity: 168

Merit: 100

Please before you buy anything check out this site: http://mining.thegenesisblock.com/

If you have the specs of any mining machine you can put it into the calculator on that site and it will tell you how much you can expect to mine.
Remember every month in is harder and harder to mine for BTC so you will have to constantly keep upgrading to new machines if you want to make some profit.

There is a lot you need to know in mining so do your research before you spend some $$$
If you decide to get into this kind of business and you purchase your mining equipment keep this thread updated.

Best of luck!!

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

This is a speculative market with a lot of risk.

I placed me order in October and I'm still waiting. I hedged my ASIC order by picking up two FPGA units from BFL then immediately upgraded them. I have made my money back just from mining the FPGA.

What ever you do, first do your research. People will suggest conflicting things, some truth, some not. Some will lie to you intentionally and others unknowingly.

That said there are a lot of really good resources. I have noted many of them in various articles in my blog and books. I'd like to think there is a lot of really good information in my blogs and books as well, even some original thinking and insight.

http://bitcoinsbs.wordpress.com

berties

newbie

Activity: 49

Merit: 0

I'm interested in investing in this new miners, the problem is that I have tu put money for something that hasn't been manufactured. I understand these and asume the risk.

Supose they are not able to respond to your order and you whant your money back. They say they will give it back, but if they don't, how can you force them to do so?

Is there any resource that they ( miner manufacterer ) can offer so his client feels more secure that they are going to comply their sayings?

Topic: Money back in Miners investment (Read 611 times)