Bitcoin Forum

Other => Beginners & Help => Topic started by: bitozor on March 13, 2013, 11:41:54 PM



Title: 10 000$ investment ? will it be good
Post by: bitozor on March 13, 2013, 11:41:54 PM
hi i want to know if i invest 10 000$ on material like grid and graphic cards and lod everything up to 96%up time how much i can earn daily ? if i spend as much as 10 000$ in material !! and wish material as good i just want to know the aproximatly daily or monthly earning friends and thank you


Title: Re: 10 000$ investment ? will it be good
Post by: Dare on March 14, 2013, 12:31:33 AM
If you know the specs of your mining hardware you can use a mining calculator (such as http://www.bitcoinx.com/profit/) to estimate what you will get.

If you don't know, you can find a comparison of different hardware at https://en.bitcoin.it/wiki/Mining_hardware_comparison, though you should probably learn more before investing that much money.


Title: Re: 10 000$ investment ? will it be good
Post by: Fjordbit on March 14, 2013, 12:51:30 AM
hi i want to know if i invest 10 000$ on material like grid and graphic cards and lod everything up to 96%up time how much i can earn daily ? if i spend as much as 10 000$ in material !! and wish material as good i just want to know the aproximatly daily or monthly earning friends and thank you

If litecoins hold their value then this could be a good investment. However, it probably will not be a good idea for bitcoin. Even if BFL doesn't deliver, Avalon and ASICMINER have a lot of terrahashes on the way.

Seriously, though, it's probably a better idea just to buy 2000 bitcoins.


Title: Re: 10 000$ investment ? will it be good
Post by: payb.tc on March 14, 2013, 01:42:41 AM
it's probably a better idea just to buy 2000 bitcoins [with $10,000].

good luck with that ;)


Title: Re: 10 000$ investment ? will it be good
Post by: helixone on March 14, 2013, 02:19:06 AM
hi i want to know if i invest 10 000$ on material like grid and graphic cards and lod everything up to 96%up time how much i can earn daily ? if i spend as much as 10 000$ in material !! and wish material as good i just want to know the aproximatly daily or monthly earning friends and thank you

This is a terrible idea. GPU based mining of bitcoin will soon be completely unprofitable, to the point it won't even pay for the electricity used to mine, let alone pay you back for the hardware. At that point everyone who is currently mining bitcoins using GPUs will switch to mining litcoins, which will devastate the profitability of mining litecoins.

The other option, might be to invest in asic based mining hardware, but purchases have long lead times, and hardware is backordered, which means by the time you get them, the profitability will be greatly reduced.

As others have said, buying bitcoins themselves is likely to be your play with the highest opportunity for future profit (although by no means guaranteed).

-helixone


Title: Re: 10 000$ investment ? will it be good
Post by: Fjordbit on March 14, 2013, 02:56:33 AM
it's probably a better idea just to buy 2000 bitcoins [with $10,000].

good luck with that ;)


Oops. I originally wrote 200, but was like, that's not very much. These exchange rates are a little hard to get used to.


Title: Re: 10 000$ investment ? will it be good
Post by: Mills00013 on March 14, 2013, 03:18:22 AM
I second the ASIC investment if you're in it for the long haul. ASICs will soon be the only way to make anything on the BitCoin network. Nothing else will come close to competing with it.


Title: Re: 10 000$ investment ? will it be good
Post by: Beauxe on March 14, 2013, 04:16:17 AM
Just invest directly in bitcoins.  Mining is tough and expensive.  $10,000 investment will not be competitive in the near future.