NO
And congrats on at least doing more research than a couple of 1000s of idiots who did none.
BFL is a shit company. They accept tons of 'preorder' money to actually develop their product and internally expect they'll be at least 6 months late on their announced release dates.
Topic: Should i buy a butterfly monarch. - page 2. (Read 2256 times)
Im a noob but i understand the system. Should i buy tt. Will ot make a profit within a month.
Never go into mining assuming you're going to make a return on your investment within a month, 2 months, 6 months, etc.
And, more importantly, never purchase from Butterfly Labs. They may market themselves better / more widely than their competitors, but their products A) under perform, B) costly per GH/s, and C) are never shipped on time (by a factor of 4-6 months or more).
To buy something, they would have to have something to sell
But for 2200 dollars what can i buy that will garuntee roi and profit
Probably gold. Yes, gold.
DO. NOT. EVER. BUY. ANYTHING. FROM. BFL.
I'm serious, I bought a 25 GH/s miner from them once, and they delivered like 6 months later then promised. It will probably never make its investment back.
And i'm also one of the few lucky ones apparently, because countless persons have had their BFL hardware break within a week, and it takes a long time for them to repair it, if at all.
Stay away from BFL.
I'm serious, I bought a 25 GH/s miner from them once, and they delivered like 6 months later then promised. It will probably never make its investment back.
And i'm also one of the few lucky ones apparently, because countless persons have had their BFL hardware break within a week, and it takes a long time for them to repair it, if at all.
Stay away from BFL.
So where do i start
If you still wish to buy mining gear then go here and choose:
Bitcoin Forum > Bitcoin > Mining > Hardware > Custom hardware
Don't forget to have some extra money for the taxes in your country
Another option is to buy directly BTC and wait to the price to raise again.
Good luck !
Well ehar is the risk if you can just resell the asic
I don't understand your question.
Well ehar is the risk if you can just resell the asic
So where do i start
Where you start depends on what you want, and how much risk you want to take to get it. The better you understand bitcoin the better your odds are of making money just like any business. But it is not simple or ease just like everything in the world that will make you money. Educate yourself and a good way to do that is to start mining so you have skin in the game. But don't be under the allusion it is get rich quick or a guarantee and you will do just fine.
So where do i start
But for 2200 dollars what can i buy that will garuntee roi and profit
You won´t get a guarantee on roi for any mining hardware. That´s the problem in the mining "business"
There is no such thing as a grantee on any investment mining btc is no different. BTC is just also wildly speculative on top of no guarantee.
But for 2200 dollars what can i buy that will garuntee roi and profit
You won´t get a guarantee on roi for any mining hardware. That´s the problem in the mining "business"
It all depends on when it actually arrives on your doorstep. If it arrives tomorrow, yes, it will roi.
BFL's reputation is saying it will be delayed for months
BFL's reputation is saying it will be delayed for months
But for 2200 dollars what can i buy that will garuntee roi and profit
Im a noob but i understand the system. Should i buy tt. Will ot make a profit within a month.
You won´t get the Hardware within a month.
It´s a preorder. Noone knows when bfl will ship. And difficulty rises and rises and rises.... When you have the monarch in your hands, difficulty could be so high that the monarch will never ROI (return on investment).
So noone really knows if it will make profit.
Im a noob but i understand the system. Should i buy tt. Will ot make a profit within a month.
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