Author

Topic: Top ASIC Miners to Invest in? (Read 1959 times)

sr. member
Activity: 362
Merit: 250
May 03, 2014, 11:39:32 AM
#9
If mining isn't profitable, then why are beaucoup miners being added everyday?

If you had an antminer that has already made a ROI of it's cost, it would be generating $5.5 per day at the cost of $0.80 day(my power is kinda cheap)

Mining right now is way too profitable. It is part of the reason difficulty is climbing so fast and price of btc going down. Mining will always trend towards barely profitable.
hero member
Activity: 577
Merit: 504
May 03, 2014, 08:00:41 AM
#8
is there still any sense to invest in miners? or it's better just to buy BTC?

It is very hard to get profits with  mining. It is better to just buy btc I think.
member
Activity: 92
Merit: 10
May 02, 2014, 10:37:01 PM
#7
is there still any sense to invest in miners? or it's better just to buy BTC?

Right now the prices are way to high on the new hardware coming out. From what I've seen even the cheapest 1TH+ miners coming out won't ROI unless BTC value rockets.
However, you would have just made more money by buying directly.

We're either going to see a huge drop in ASIC prices or a huge spike in BTC pricing later this year.
hero member
Activity: 1372
Merit: 783
better everyday ♥
May 02, 2014, 09:14:16 PM
#6
is there still any sense to invest in miners? or it's better just to buy BTC?

Right now buy and hodl.
newbie
Activity: 39
Merit: 0
May 02, 2014, 04:39:50 PM
#5
is there still any sense to invest in miners? or it's better just to buy BTC?
newbie
Activity: 35
Merit: 0
April 29, 2014, 04:10:16 PM
#4
I'm lovin my little Gridseeds!
hero member
Activity: 1372
Merit: 783
better everyday ♥
April 28, 2014, 10:50:29 PM
#3
Hello,

I would like to know what you guys think is the best ASIC miner to invest. Please let me know what you think about it? If you have it? And if so has has it been working out for you...

Thank you.

Duh, you just answered your own question, Asicminer!   Cool

Just messing, check Dogie's Manufacturer Trustworthiness guide and read the whole Mining/Hardware section front to back.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
April 27, 2014, 10:03:31 AM
#2
See my sig for a list of manufacturer reputations.
newbie
Activity: 51
Merit: 0
April 27, 2014, 09:59:42 AM
#1
Hello,

I would like to know what you guys think is the best ASIC miner to invest. Please let me know what you think about it? If you have it? And if so has has it been working out for you...

Thank you.
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