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Other => Beginners & Help => Topic started by: yochdog on July 27, 2011, 06:31:59 PM



Title: mining dilemma
Post by: yochdog on July 27, 2011, 06:31:59 PM
As I scale up my mining operations, I am running into a dilemma.  Spend more money to buy faster mining cards, or save cash and get slower cards. 

I really believe there is an "early adopter" premium involved in bitcoin, and given the difficulty increases that seems to be a fact.  If I can cram more MH/s into the early going, I will ostensibly earn more bitcoins before the difficulty increases.  However, I spend more to get the higher hash rates.

Does anyone have a good breakdown on this?  Does it always make sense to buy the cheapest MH/$, or do the difficulty increases skew the analysis? 


Title: Re: mining dilemma
Post by: gooie on July 27, 2011, 09:31:29 PM
i would buy more expensive cards since they will most likely be sell-able if shit hits the fan, but that's just my opinion, i bought 2*5970 cards. so if everything goes to hell, i just sell one and then i have an awesome gaming rig ;P


Title: Re: mining dilemma
Post by: jh1523 on July 27, 2011, 09:43:44 PM
Second that, I made the same plan. :)


Title: Re: mining dilemma
Post by: sez on July 27, 2011, 09:50:38 PM
i would buy more expensive cards since they will most likely be sell-able if shit hits the fan, but that's just my opinion, i bought 2*5970 cards. so if everything goes to hell, i just sell one and then i have an awesome gaming rig ;P

i agree, because i'm a gamer.  :)


Title: Re: mining dilemma
Post by: Morebitcoinsplease on July 27, 2011, 09:55:11 PM
i would buy more expensive cards since they will most likely be sell-able if shit hits the fan, but that's just my opinion, i bought 2*5970 cards. so if everything goes to hell, i just sell one and then i have an awesome gaming rig ;P

+1 Yup, I also agree that's the best idea,