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Topic: Which hardware have i to buy to start mining? (Read 4939 times)

member
Activity: 70
Merit: 10
August 21, 2013, 09:31:29 PM
#48
how about this new thing
NOW AVAILABLE FOR PRE-ORDER:
600 GH/s Bitcoin Mining Card
http://www.butterflylabs.com/
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
The only hardware that you could buy to make a profit mining is a time machine. Everything else will deliver losses, since when you get your hands on it hundreds will already be out there pushing up difficulty so you'll make a fraction.

good really u have to be a reward for this one
member
Activity: 73
Merit: 10
The only hardware that you could buy to make a profit mining is a time machine. Everything else will deliver losses, since when you get your hands on it hundreds will already be out there pushing up difficulty so you'll make a fraction.
sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
Hello again,
thank you for your comments and suggestions Undecided

I abandoned the mining idea.

Sorry for my lack of willingness to find the answers before asking...

its same happen to me I ask question and after 2 months long discussion I abandon the idea and now just buying and selling bitcoin is going with me its better at least for use of my time and money
sr. member
Activity: 462
Merit: 250
Firing it up
You better buy reliable contract at the first stage
newbie
Activity: 28
Merit: 0
Mining is a difficult thing to get into right now, unless you have a lot of coins to buy avalons on here or have someone host them for you with a reasonable hosting fee there's pretty much no room for small miners. I'm going to sell some hosting plans and possible a whole avalon unit or 2 soon so keep an eye out if you're interested.
hero member
Activity: 1253
Merit: 811
Hello again,
thank you for your comments and suggestions Undecided

I abandoned the mining idea.

Sorry for my lack of willingness to find the answers before asking...
full member
Activity: 168
Merit: 100
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?
shaking my head...why are you even here?  go do something else like find a job a mcdonalds or flipping burgers.  BFL makes FPGA too- that's what you're looking at...another ROI gamble, not an ASIC.  BFL units in hand that are asic will set you back a couple grand.  Like others here are saying, its smart to buy up some alt currency instead and ride the wave, IE sell @>10% appreciation in value and buy it when the value is lower than 10% of expected value,  I'd say buy at 90 and sell again at 110 if you can stomach the patience. 

Quote
go do something else like find a job a mcdonalds or flipping burgers.
wow ajw.
what a dick.
 No need to insult his intelligence and the intelligence of those who do those jobs.... hes new, he obviously doesn't know anything about bitcoin but is willing to learn. 

Simpic, please do read up, especially before you consider investing in ANY mining equipment.

thank you.  Anyhow, McDonalds makes sense, 6 an hour for 80 hours per pay period -20% for taxes is equal to $384 every two weeks.  I was hoping to gain from his questions, but all I'm doing is answering them mentally. Of course I'm gonna give my 2 cents no matter how offputting it may be.

For what its worth, I didn't insult his intelligence, but I did assault his lack of willingness to find his own answers like most of us already did beforehand using google, this board and others.

that isn't what you implied.  But yes I agree there is alot of material he could find on his own.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?
shaking my head...why are you even here?  go do something else like find a job a mcdonalds or flipping burgers.  BFL makes FPGA too- that's what you're looking at...another ROI gamble, not an ASIC.  BFL units in hand that are asic will set you back a couple grand.  Like others here are saying, its smart to buy up some alt currency instead and ride the wave, IE sell @>10% appreciation in value and buy it when the value is lower than 10% of expected value,  I'd say buy at 90 and sell again at 110 if you can stomach the patience. 

Quote
go do something else like find a job a mcdonalds or flipping burgers.
wow ajw.
what a dick.
 No need to insult his intelligence and the intelligence of those who do those jobs.... hes new, he obviously doesn't know anything about bitcoin but is willing to learn. 

Simpic, please do read up, especially before you consider investing in ANY mining equipment.

thank you.  Anyhow, McDonalds makes sense, 6 an hour for 80 hours per pay period -20% for taxes is equal to $384 every two weeks.  I was hoping to gain from his questions, but all I'm doing is answering them mentally. Of course I'm gonna give my 2 cents no matter how offputting it may be.

For what its worth, I didn't insult his intelligence, but I did assault his lack of willingness to find his own answers like most of us already did beforehand using google, this board and others.
full member
Activity: 168
Merit: 100
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?
shaking my head...why are you even here?  go do something else like find a job a mcdonalds or flipping burgers.  BFL makes FPGA too- that's what you're looking at...another ROI gamble, not an ASIC.  BFL units in hand that are asic will set you back a couple grand.  Like others here are saying, its smart to buy up some alt currency instead and ride the wave, IE sell @>10% appreciation in value and buy it when the value is lower than 10% of expected value,  I'd say buy at 90 and sell again at 110 if you can stomach the patience.  

Quote
go do something else like find a job a mcdonalds or flipping burgers.
wow ajw.
what a dick.
 No need to insult his intelligence and the intelligence of those who do those jobs.... hes new, he obviously doesn't know anything about bitcoin but is willing to learn.  

Simpic, please do read up, especially before you consider investing in ANY mining equipment.
full member
Activity: 168
Merit: 100
What about buying Butterfly miner (800 MHash/s) on eBay?
Their prices are about 1000-1500 USD but in this case i will get it in few days!

I used this calculator http://btcinvest.net/bitcoin-mining-profit-calculator.php and it should be profitable.

What do you think?

you cjould buy 3 usb hashers at 990 mh/s and it would take you 38 days just go get one bitcoin at CURRENT difficulty.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?
shaking my head...why are you even here?  go do something else like find a job a mcdonalds or flipping burgers.  BFL makes FPGA too- that's what you're looking at...another ROI gamble, not an ASIC.  BFL units in hand that are asic will set you back a couple grand.  Like others here are saying, its smart to buy up some alt currency instead and ride the wave, IE sell @>10% appreciation in value and buy it when the value is lower than 10% of expected value,  I'd say buy at 90 and sell again at 110 if you can stomach the patience. 
newbie
Activity: 33
Merit: 0
Hello, sorry for my newbie question but i would like to start mining for Bitcoin.

I make a lot of searches on forum and i figure out this:

- mining with CPU is a loss of time
- mining with GPU is a waste of money (because video card are expensive and they consume to much power)
- mining with Butterflay products is not possible because the site is probably a SCAM and even it isn't it is stupid make a purchase and wait months for receive it!
- mining with Avalan products is not possible (no products available on its site)

So... what could i buy to seriously start to mining?

Thank you in advance for your reply and sorry for my english.

... well, there's always modern 28 nm FPGA technology : http://www.raspberrycoins.com/
2000 MHash/sec - $1000
4000 MHash/sec - $1900
... less than $0.50/MHash/sec ...
hero member
Activity: 728
Merit: 500
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?

Secure Hash Algorithm.  It's one of the main building blocks of BTC

Worth reading about!
hero member
Activity: 1253
Merit: 811
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.

What is SHA256?
hero member
Activity: 532
Merit: 500
member
Activity: 98
Merit: 10
Why it can't be use with other coins?

No onboard ram or scrypt support.  It can probably be modified to run anything using SHA256.
hero member
Activity: 1253
Merit: 811
Why it can't be use with other coins?
newbie
Activity: 14
Merit: 0
I'm talking about buying a real BFL miner, not a pre-order.
I would try to start mining Bitcoin and if it doesn't work i would use the same BFL miner with minor coins, like Litecoin.
Am i wrong?
Yes youre wrong. BFL is only bitcoin / namecoin.
hero member
Activity: 1253
Merit: 811
I'm talking about buying a real BFL miner, not a pre-order.
I would try to start mining Bitcoin and if it doesn't work i would use the same BFL miner with minor coins, like Litecoin.
Am i wrong?
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