Topic: Still money in mining - page 2. (Read 1746 times)

continue working, you will got coins.

I wouldn't mind purchasing one of these sticks or a couple, but I don't want to buy 50 in one go

@Addictivegaming

I would choose Avalon over BFL as you don't see any bad publicity for Avalon on the forums at the moment as they actually make the products and ship them.
BFL charged ridiculous amounts for things and showed nothing of it. They then promised release dates and kept pushing it back as more orders came in and kept creating more options to pre-order. Once they finally got the ASICs to start production (Months after actually saying they would be shipping) they figure out their plans are all wrong because it is actually making parts of the product melt as the plastic can't cool down fast enough. A couple of days ago they added an option for people to 'upgrade' their product even more to squeeze more money out.
They even refuse to refund some people.
Avalon is actually sending products out.
However I can not persuade you, it is up to you if you like the idea of a faster product or actually receiving a product.

-Quality
The products are melting due to attempting to make them look good appose to perform how they should.
-Speeds
Unable to actually tell you a price changing the size of their prices for ASIC three times since original pre-orders came out.
-Advantages one may have over the other
What?
-Power consumption
Product hasn't even been released and they don't say any specs that anyone other than they can confirm. I can say I've made an ASIC that is half the power consumption how would anyone know any different?

Hello. Why would you prefer Avalon Systems over Butterfly Labs. We have been looking into Butterfly Labs products and would love to learn more about the differences between each.

-Quality
-Speeds
-Advantages one may have over the other
-Power consumption

Thank you!

yes , if you are sn ASIC based miner.

Pay a legion of hard hat clad workers and you're in business! Boom!

im still making money mining litecoins, I got a 5970 for cheap, it gets me about 1 litecoin a day for $1 a day worth of electricity. Its also winter here so the extra heat is nice.

It s going to be really hard mining with only graphic cards. Many ASIC devices are poping up everywhere....

Depends, but yes, you can sit around and mine all the new alts coming out everyday and dump them before the coins dump...

USB-dongle miner here: https://bitcointalk.org/index.php?topic=217104.0;all

Which 5Hgz mining machines are you looking at?

edit: There is also Terrahash for those that can only find Avalon and Butterfly labs, but I'd stay away from butterfly labs. Avalon is a lot more trustworthy imo.

I was searching for other companies that make ASIC miners (differente of butterflylabs, avalon)...., but I can't find any..
Someone knows about other ones?

I usually leave my computer on when I am at work etc... so letting it run as a GPU miner does not really affect my power consumption to much. With that in mind, after about a month, I only have .25 btc. Looking into some of those 5ghz mining machines but not sure if I want to drop $250 into it.

Depends on your cost of electricity also!

Well there is if you buy ASICs but they generally cost alot of money

I travel a lot so I get to use hotel power lol.

Im in a condo in panama city right now so LOL.

As long as it does not crash my graphics card

I guess there is
At least in my country (Argentina)
Electricity is subsidized and buying dollars is restricted right now so BTC are bought/sold using dolar's black market price (more than 50% higher than the official rate)


 

Many people underestimate the amount of electricity is used in mining. If you can get "free" power you can make a lot of money.

only ASIC can get money

It very much depends over what time period you are thinking.
People who started mining btc, ltc and have held for 2 years have done very well.
If you want to mine today and get rich tomorrow, then I doubt it.

Only if you are minning scrypt, keep your coin from scammers and wait the right momment to sell