Author

Topic: What is the best ASIC machine? (Read 619 times)

newbie
Activity: 42
Merit: 0
December 09, 2013, 08:33:43 PM
#9
Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G

You would think, difficulty went up and prices went up. Granted the btc price jumped to 1K, but the difficulty was so high that if you wanted to mine you had no choice but to buy more hardware, ergo, price hike.
legendary
Activity: 994
Merit: 1002
December 09, 2013, 08:33:36 PM
#8
Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

The price reflect that, but no one can guarantee delivery dates. Look at BFL example, they shipped 8 months later than promised
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 08:28:40 PM
#7
One more thing I want to say. If you can, pay with FIAT. That way you have a chance of ROI. Lets say you pay $1000 on a mining rig, and get 0.2 from it. Then bitcoin slowly makes its way up to $10,000. You just made $1000. This isnt 100% sure but it might happen!
newbie
Activity: 9
Merit: 0
December 09, 2013, 04:08:41 AM
#6
Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G
sr. member
Activity: 252
Merit: 250
December 08, 2013, 08:09:21 PM
#5
Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 08, 2013, 08:05:53 PM
#4
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well Smiley

G

Watch out though. Some of these dont even ship until later.
newbie
Activity: 9
Merit: 0
December 08, 2013, 07:37:58 PM
#3
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well Smiley

G
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
December 08, 2013, 12:58:36 PM
#2
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.
newbie
Activity: 13
Merit: 0
December 08, 2013, 12:43:16 PM
#1
What is the best ASIC machine nowadays?
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