Topic: What hardware would be best for a hobbyist? - page 2. (Read 2335 times)
I don't think so, as home miner i lose just couple of $ each diff jump, but as a mining farmer you can lose more than 10 000$ each jump not mentioned the hardware, cooling, electricity cost
I just picked up an Antminer S1 on ebay for the cheapest price I could find (including shipping). Also not expecting to make ROI, hopefully somewhere above 60% ROI for the total amount I have invested in various bitcoin mining solutions. You might also consider something more efficient like the Rockminer R3 Box 450-500G, although that pushes you up to about $600.
http://shop.rockminer.com/goods.php?id=41
http://shop.rockminer.com/goods.php?id=41
Thanks, I'll take a look there. Hadn't heard of Rockminer.
Antminer has been coming through for people. I'd go with them. I'm invested in KnC, and can recommend, but like you said, on the cheap: Antminer IMO
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
Thanks for the reply! I've been mining some altcoins with my GPU casually for the past 4 months or so, and thought it was time I stepped up more into the Bitcoin scene. Yeah, I believe in Bitcoin's future and you are right, if I hold long enough I think ROI is no doubt a guarentee. Also recognize that I could make more by buying and holding bitcoin if that's all I cared about. But it's not!
I don't really understand why folks say it is impossible for an average person to get into Bitcoin though TBH... A couple hundred bucks and you can have a small setup just as likely to make money as a scrypt GPU setup 5 months ago. And it's not like the big investors have hardware that is tons better to beat the little guys with, right? I mean, they have more hash power, sure. But they also have much higher costs...
Wrong... kinda.
They may be using the same machines as the general public since many of the massive mining operations are the actual manufacturers of the ASICs. This means they get the newest generation sometimes months before the general public and they get them at cost. And then they turn-around and sell the used gear to the general public and profit AGAIN again after weeks/months of mining with customer's preordered miners.
They also have their own super-efficient datacenters with cheap electricity and cooling. In many cases, the cooling is free because of their geographic location, i.e. the Arctic Circle.
The playing field is most definetely not even. And @home miners are soon to be a memory once the difficulty adjustments make it impossible for anyone who pays for electricity to make a penny in profit. Coming very soon!
The calculators say you won't roi but they don't take into consideration if you solo mine. Yes I know the odds but wtf. Go to bitsolo.net and point your old miner there. If you get lucky and hit a block, you just roi and a bit more. Bet your calculator didn't tell you this.
I just picked up an Antminer S1 on ebay for the cheapest price I could find (including shipping). Also not expecting to make ROI, hopefully somewhere above 60% ROI for the total amount I have invested in various bitcoin mining solutions. You might also consider something more efficient like the Rockminer R3 Box 450-500G, although that pushes you up to about $600.
http://shop.rockminer.com/goods.php?id=41
http://shop.rockminer.com/goods.php?id=41
Thanks, I'll take a look there. Hadn't heard of Rockminer.
Antminer has been coming through for people. I'd go with them. I'm invested in KnC, and can recommend, but like you said, on the cheap: Antminer IMO
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
Thanks for the reply! I've been mining some altcoins with my GPU casually for the past 4 months or so, and thought it was time I stepped up more into the Bitcoin scene. Yeah, I believe in Bitcoin's future and you are right, if I hold long enough I think ROI is no doubt a guarentee. Also recognize that I could make more by buying and holding bitcoin if that's all I cared about. But it's not!
I don't really understand why folks say it is impossible for an average person to get into Bitcoin though TBH... A couple hundred bucks and you can have a small setup just as likely to make money as a scrypt GPU setup 5 months ago. And it's not like the big investors have hardware that is tons better to beat the little guys with, right? I mean, they have more hash power, sure. But they also have much higher costs...
Antminer has been coming through for people. I'd go with them. I'm invested in KnC, and can recommend, but like you said, on the cheap: Antminer IMO
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
Thanks for the support too. It's nice to see people with your mindset. And who knows, if BTC goes to the moon, you might even make a profit FTW.
I just picked up an Antminer S1 on ebay for the cheapest price I could find (including shipping). At least for a short time, it will give a little boost to my diminishing bitcoin earnings. Also not expecting to make ROI, hopefully somewhere above 60% ROI for the total amount I have invested in various bitcoin mining solutions. You might also consider something more efficient like the Rockminer R3 Box 450-500G, although that pushes you up to about $600.
http://shop.rockminer.com/goods.php?id=41
http://shop.rockminer.com/goods.php?id=41
I've been thinking about getting a small miner just to feel like I am a little bigger part of this movement, and was wondering if anyone would have any advice on what hardware to buy. I don't expect a ROI, though it would be nice, but am looking for something < $500 if possible. Is there any hardware on the market worth buying at that price point? I'd consider both SHA-256 and Scrypt ASICs.
The one's I've given the most thought to are the Antminer S1 now that it's on super sale, and the Zeusminer Blizzard. The antminer seems like a safer bet with all the huge Scrypt asics coming online soon, but I was wondering if anyone had any input and if I had perhaps missed a better hardware deal.
Thanks!
The one's I've given the most thought to are the Antminer S1 now that it's on super sale, and the Zeusminer Blizzard. The antminer seems like a safer bet with all the huge Scrypt asics coming online soon, but I was wondering if anyone had any input and if I had perhaps missed a better hardware deal.
Thanks!
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