Bitcoin:: Which BTC ASIC Miner Should i get ?

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  • freecartoonporn
    Confirmed User
    • Jan 2012
    • 7683

    #1

    Bitcoin:: Which BTC ASIC Miner Should i get ?

    i am really willing to jump on bitcoin mining and ANTMINER S3 / S5 looks good for now for low budget.

    not looking for fast cash but if btc difficulty goes down in future then i guess i can make few bucks or at least few bitcoins.

    just looking something which will run 24x7 and make few $$$ .

    What are your thoughts ?

    1) is it too late now to jump on BTC ?
    2) should i invest in something else other than ANTMINER S3 / S5 [something ~$500 ]
    3) should i mine other coins instead of BTC ?
    4) will there be any profit. ?

    thanks for your time ladies.
    SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean
  • AmateurBros
    Confirmed User
    • Jan 2015
    • 399

    #2
    About a year ago I was looking into doing the same thing and from everything I read at the time, unless you're willing to sink a crazy amount into the start-up...you can't make anything. It's very expensive to get into.
    Email: amateurbros(a)gmail.com
    ICQ: 698-715-421

    Comment

    • freecartoonporn
      Confirmed User
      • Jan 2012
      • 7683

      #3
      Originally posted by AmateurBros
      About a year ago I was looking into doing the same thing and from everything I read at the time, unless you're willing to sink a crazy amount into the start-up...you can't make anything. It's very expensive to get into.
      thanks for your input,
      and no , i dont have crazy amount to put in this, i just wanted a single piece of machine which will work silently 24x7 and make few btc.
      may be i am crazy but i wanted to own something cool, i guess i want to gamble or take chance,.
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      Comment

      • edgeprod
        Permanently Gone
        • Mar 2004
        • 10019

        #4
        Don't do this. Really.

        Comment

        • hadden
          So Fucking Banned
          • Aug 2006
          • 1440

          #5
          you missed the party

          Comment

          • freecartoonporn
            Confirmed User
            • Jan 2012
            • 7683

            #6
            Originally posted by edgeprod
            Don't do this. Really.
            thanks , i was waiting for your input and appreciate it.

            Originally posted by hadden
            you missed the party
            i think the same.

            Update:

            I have cancelled the ASIC buying plan.

            thanks a lot for your input.
            SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

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            • OmahaJoe
              Confirmed User
              • Dec 2011
              • 314

              #7
              I agree 100% with edgeprod. If you want to do mining go buy a couple of contracts.
              I dabble in this and a little in that.

              Comment

              • freecartoonporn
                Confirmed User
                • Jan 2012
                • 7683

                #8
                Originally posted by OmahaJoe
                I agree 100% with edgeprod. If you want to do mining go buy a couple of contracts.
                thanks , will look into it , any reputable site ?
                SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean

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                • hadden
                  So Fucking Banned
                  • Aug 2006
                  • 1440

                  #9
                  Originally posted by freecartoonporn
                  thanks , will look into it , any reputable site ?
                  https://ghash.io/

                  Comment

                  • fappingJack
                    So Fucking Banned
                    • Dec 2014
                    • 2172

                    #10
                    Originally posted by freecartoonporn
                    thanks , will look into it , any reputable site ?
                    Edgepr0d is a good choice

                    Comment

                    • edgeprod
                      Permanently Gone
                      • Mar 2004
                      • 10019

                      #11
                      Originally posted by OmahaJoe
                      I agree 100% with edgeprod. If you want to do mining go buy a couple of contracts.
                      I'd advise against this, also. If they can't make money with their machines, why would you be able to? Especially with less knowledge.

                      I used to contract mine out because I travel too much to be on top of them constantly. I assure you most people are in a different boat, and just looking to take advantage of people with less knowledge.

                      If you want BTC, buy it.

                      Comment

                      • Penny24Seven
                        So Fucking What
                        • Jun 2007
                        • 6287

                        #12
                        we stopped just about a year ago. I assume it has not gotten any better yet and probably worse. Ran strong for years though but would be pissing in to the wind now
                        Our site is coming soon. It will be one of the best ever! I know so. Brian and Penny

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                        • seeandsee
                          Check SIG!
                          • Mar 2006
                          • 50945

                          #13
                          its too late to start
                          BUY MY SIG - 50$/Year

                          Contact here

                          Comment

                          • OmahaJoe
                            Confirmed User
                            • Dec 2011
                            • 314

                            #14
                            Originally posted by edgeprod
                            I'd advise against this, also. If they can't make money with their machines, why would you be able to? Especially with less knowledge.

                            I used to contract mine out because I travel too much to be on top of them constantly. I assure you most people are in a different boat, and just looking to take advantage of people with less knowledge.

                            If you want BTC, buy it.
                            Because for some reason you want to throw money away mining That is why I said if you want to mine do this.
                            I dabble in this and a little in that.

                            Comment

                            • edgeprod
                              Permanently Gone
                              • Mar 2004
                              • 10019

                              #15
                              Originally posted by OmahaJoe
                              Because for some reason you want to throw money away mining That is why I said if you want to mine do this.
                              I don't, personally. My miners are profitable, but only through tough investments of capital and time. I was advising him. By the way, Skype me.

                              Comment

                              • gnawledge
                                confirmed loser
                                • Jul 2012
                                • 1092

                                #16
                                I had 2 machines mining and made just a few. The power consumption and wear and tear didn't equal the value. With the value of Bitcoin fluctuating I'd tell you to invest in valuable domains to flip instead.
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                                Comment

                                • Plutocracy
                                  Pluto: Planet or Doggie
                                  • May 2014
                                  • 858

                                  #17
                                  I read about this a lot when it first started and I kinda wish I would have jumped on it

                                  I was also wondering if it was to late

                                  Thanks for the info
                                  Bored?

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                                  • DAMNMAN
                                    Confirmed User
                                    • Dec 2002
                                    • 1440

                                    #18
                                    NONE.... Buy bitcoins directly... cheaper
                                    email: zmaster (at) earthlink.net
                                    ICQ: 196678616
                                    ZMASTER

                                    One less god!!!
                                    I contend that we are both an atheist. I just belive in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.

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                                    • edgeprod
                                      Permanently Gone
                                      • Mar 2004
                                      • 10019

                                      #19
                                      Definitely buy BTC under $200 instead, and do not mine at the current value. That said, I can sell you Titans at a decent price, if you're willing to buy 25-50 at a time. Now that I'm concentrating on the accelerator, mining doesn't make a lot of sense to spend time on with BTC sub-$200.

                                      Comment

                                      • iamBoogieman
                                        So Fucking Banned
                                        • Dec 2014
                                        • 1329

                                        #20
                                        Listen to edgeprod

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