Topic: New Player in the game - page 2. (Read 1260 times)
Tip: Invest in labcoin on btct.co
welcome!
I'd recommend you to just buy BTC instead of investing in miners. The risk is not worth it.
This. Then join a market like www.cryptsy.com and start trading the alts and earn money. I'd recommend you to just buy BTC instead of investing in miners. The risk is not worth it.
welcome!
I'd recommend you to just buy BTC instead of investing in miners. The risk is not worth it.
I'd recommend you to just buy BTC instead of investing in miners. The risk is not worth it.
Just steal it.Hmmm, interesting. That opens a whole lot new venues.
I think it'll be profitable to run from January to July and mine ~2BTC.
Profitable as in "produces more in BTC than it consumes in electricity"?
Or profitable as in "paid for it's inital cost by producing more in BTC than it consumes in electricity and is still producing more in BTC than it consumes in electricity"?
Because the former isn't really profitable at all.
Just steal it.ETA: Actually, I misread the data. The latter.
@OP Q: Being totally honest and caring here, not trying to be a degrading dick or anything like that. Your best bet is to keep the coins for a few months if you're just looking to make money. Check in every couple weeks. If you really have to do something productive with it, use it for your own productive purposes. Bitcoin's a great tool for investment... there just isn't much to safely use it for (as far as investments go).
NO 
I think it'll be profitable to run from January to July and mine ~2BTC.
Profitable as in "produces more in BTC than it consumes in electricity"?
Or profitable as in "paid for it's inital cost by producing more in BTC than it consumes in electricity and is still producing more in BTC than it consumes in electricity"?
Because the former isn't really profitable at all.
Thanks guys.
I though terraminer is gonna be the sh*t.. but maybe not?
55ghz for 5 btc sounded like a deal to me
So, Whats the best option to invest 5-7 BTC right now and make them back with a small profit.
I though terraminer is gonna be the sh*t.. but maybe not?
55ghz for 5 btc sounded like a deal to me
So, Whats the best option to invest 5-7 BTC right now and make them back with a small profit.
Short answer: only God knows
According to default projection on http://mining.thegenesisblock.com/ , it should be profitable to run from January to March making ~.2BTC before it costs more to run than it mines.
I think they have a pretty harsh default projection, though. I think it'll be profitable to run from January to July and mine ~2BTC.
ETA: Oh, hey - just realized I fucked this up!
I think they have a pretty harsh default projection, though. I think it'll be profitable to run from January to July and mine ~2BTC.
ETA: Oh, hey - just realized I fucked this up!
no
Hello Guys, 
I'm new to the forum, but I have been reading about bitcoins and mining for a year.
I am planning to join a groupbuy for a teraminer with 5 BTC.
Since, its gonna be the most innovative and fast hashing device makes me think that I can at least repay back my coins with a little profit. I am very serious about my coins and the whole business model, but I am not doing this for living. I hold a very good job as a web developer and I am doing this just for the sport... I'm a geek in general and I spent like 10 hours daily on the computer.
My question is: if we start the mining process in Jan'14 do you think that I will be able to make a small profit from my 5 coins.
I'm new to the forum, but I have been reading about bitcoins and mining for a year.
I am planning to join a groupbuy for a teraminer with 5 BTC.
Since, its gonna be the most innovative and fast hashing device makes me think that I can at least repay back my coins with a little profit. I am very serious about my coins and the whole business model, but I am not doing this for living. I hold a very good job as a web developer and I am doing this just for the sport... I'm a geek in general and I spent like 10 hours daily on the computer.
My question is: if we start the mining process in Jan'14 do you think that I will be able to make a small profit from my 5 coins.
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