Bitcoin Forum

Hey, a question for the more seasoned veterans. What would be a better investment at the moment, use the current bitcoin I have accumulated to purchase a USB block erupter to mine another altcoin and sell for bitcoin, or use the bitcoin i have accumulated to invest into CEX.IO?

Well, block eruptor can only mine SHA256

I think that if you act fast and get your hands on blade block erupters, it makes sense. if you wait any longer, then go to CEX or just buy btc when its low and wait.

I have ordered blades from asic labs and theyre working fine

It will cost about the same currently on cex.io to buy .333Ghash as it would to buy an erupter.  If you like hardware and learning physically hands on buy the erupter and spread some of the distribution.  If you just want to get into mining to see what it's about you can try cex.io.  You can resell erupters currently for about what you pay for them the same at cex.io.  These are comparable options depending on what your goal with mining is?

If you go the cex.io route I can send you a referral link (which I don't care to post publicly like some do to gain more hash ;)), overall I do both and enjoy both the one thing I can say about cex.io that you can do that can't be done with erupters is "day trading" once you fund your account you can buy and sell a few times throughout the day to gain slightly more.  You obviously can be burnt doing this and lose just the same, but again it depends on your personal goals.

neither :D
just buy bitcoins, wait, enjoy as it climbs up :)
mininig isn't profitable anymore altough I think cex would be a better option then physical mining  :)

How about the Blue Fury Miner @ ~2,5GH/s. Are those any good at the current difficulty?

I would take my efforts in mining XPM with the help of a pool, that could give you some good results.

Both pretty expensive for each Ghash, but at cex.io u have the facility to sell tem faster

interesting, thank you for your answers!

Yep. Even if I didn't ask, interesting answer.