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Other => Beginners & Help => Topic started by: ngindenkore on December 08, 2013, 04:43:16 PM



Title: What is the best ASIC machine?
Post by: ngindenkore on December 08, 2013, 04:43:16 PM
What is the best ASIC machine nowadays?


Title: Re: What is the best ASIC machine?
Post by: EskimoBob on December 08, 2013, 04:58:36 PM
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Title: Re: What is the best ASIC machine?
Post by: GeorgeA on December 08, 2013, 11:37:58 PM
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well :)

G


Title: Re: What is the best ASIC machine?
Post by: nahtnam on December 09, 2013, 12:05:53 AM
What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well :)

G

Watch out though. Some of these dont even ship until later.


Title: Re: What is the best ASIC machine?
Post by: PenAndPaper on December 09, 2013, 12:09:21 AM
Because investing in the bigger ones really worths it  :P :P
Most of them will arrive months later in the middle of a shitstorm of difficulty  :P


Title: Re: What is the best ASIC machine?
Post by: GeorgeA on December 09, 2013, 08:08:41 AM
Quote
Watch out though. Some of these dont even ship until later.

Good point.

Because investing in the bigger ones really worths it  :P :P
Most of them will arrive months later in the middle of a shitstorm of difficulty  :P

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G


Title: Re: What is the best ASIC machine?
Post by: nahtnam on December 10, 2013, 12:28:40 AM
One more thing I want to say. If you can, pay with FIAT. That way you have a chance of ROI. Lets say you pay $1000 on a mining rig, and get 0.2 from it. Then bitcoin slowly makes its way up to $10,000. You just made $1000. This isnt 100% sure but it might happen!


Title: Re: What is the best ASIC machine?
Post by: poelling92 on December 10, 2013, 12:33:36 AM
Because investing in the bigger ones really worths it  :P :P
Most of them will arrive months later in the middle of a shitstorm of difficulty  :P

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

The price reflect that, but no one can guarantee delivery dates. Look at BFL example, they shipped 8 months later than promised


Title: Re: What is the best ASIC machine?
Post by: caminilegroup on December 10, 2013, 12:33:43 AM
Quote
Watch out though. Some of these dont even ship until later.

Good point.

Because investing in the bigger ones really worths it  :P :P
Most of them will arrive months later in the middle of a shitstorm of difficulty  :P

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G

You would think, difficulty went up and prices went up. Granted the btc price jumped to 1K, but the difficulty was so high that if you wanted to mine you had no choice but to buy more hardware, ergo, price hike.