Topic: Wait for 2months for a BFL 5GH/s or buy Erupters now? - page 2. (Read 1142 times)
This mining calculator will give you an idea how valuable time is given the rising difficulty of Bitcoin mining: http://mining.thegenesisblock.com
ROI is pretty much non-existent for the erupters. The BFL isn't much better. You'll lose out either way, assuming the BFL wno't get to your doorstep for two months, what with the exploding difficulty and all.
Hello, I am fresh starting on mining and I want to invest about $300 on ASIC mining hardware.
Invest is really the wrong word.
An investment is something you calculate should give you a positive return on your money.
Buying USB Block Erupters is exactly the opposite of that.
Each BE will produce on average $0.30 per day mining Bitcoin.
Assuming your electricity is free, and Bitcoin difficulty were to never rise again, at $47 each, they would take about 5 month to pay back what they cost you.
In reality, difficulty will continue to rise ever two weeks (or less), and mean that they will most likely never provide a positive return.
And as far as
BFL has been making delivery promises for over a year. I wouldn't trust any timeline they give. Maybe if you double it and add three months it might be correct.
Rather buy Bitcoin for $300.
This will give you 2.31BTC at the moment, more than your little Jalapeno or USB Block Eruptor will ever mine.
This will give you 2.31BTC at the moment, more than your little Jalapeno or USB Block Eruptor will ever mine.
Hello, I am fresh starting on mining and I want to invest about $300 on ASIC mining hardware. I am between the $270 5GH/s ASIC from BFL and 5x (maybe 6 ) erupters at 330MH/s and around $47 each.I called BFL and they said that even though they are now speeding up their production (no more 6 month waits), if I place an order now it can take 2months, maybe more. Assuming the Bitcoin price remains the same, will this investment worth, taking the difficulty increase into account? Or should I go now for the erupters which are ready to ship? (which are less effective, adding up to 2GH/s for 6x)?
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