Bitcoin Forum

is it good ore bad invest to buy 5000 ghz for 6000 ?
would you do it ?

It's a ripoff, this is the cheapest https://pbmining.com/images/banner2.png (http://pbmining.com?ref=amp2000)

Run a few mining calculators to see the profitability.

Go for it! But, make sure you can live without the $6K even if you lose it all, because chances are you WILL lose it ALL. But, hey, I'm just a stranger on the interweb, so GO FOR IT, BRO!

Before you jump in, you should know it's Gigahash or GH/s not Gigahertz, GHz.

And another thing with the mining business, if it sounds too good to be true, chances are it probably is.

No better investment right now, than just buying Bitcoin outright and holding long term.

Ye that, if I had fiat to invest I'd just buy BTC,

its gh/s , and its not rippoff its dirrectly from the company price, from china. and i buyd from them befor.

but is it good investemnt ? when i do bitcoin calculator it says i will get

per Month   10.95336209 BTC   $5,619.95

so afther one month i should earn back my invest ?

Link to miner?  Who's the seller and what's the company?  No 5TH/s miner costs just $6000.

Post the info here, so we can call out the scammer.

By the way 5TH/s will not get you 11 BTC in one month, closer to 2 months depending on network hashrate and difficulty increases:

https://bitcoinwisdom.com/bitcoin/calculator

mate its not a scammer go check aliexpress call the compnies , and tell you wanne be ressler they give you extra price, so yes

For 6k USD I'd buy coins personally... But if your set on buying a miner, I'd probably go scrypt asics. But if your set on SHA256 mining, 5000 ghz (Im assuming you mean gh/s) at that price is $/gh/s of 1.2 which isn't bad.

Don't see it on aliexpress, I see 1 TH/s miners for like $3200, please post which link you're referring to.

I can't find it either. OP, could you give us the link?

just talk to them they are chinese tell you wanne be resslers on the alibaba they show the highest prices but belive me they are from china you need to talk to them, and lower the price

and sorry i got the price wrong i get 1ths for 2000 usd 2300 usd and 1,5 ths for 3900

i found them on aliexpress will check later okej okej

Even that is a damned good roi rate, 2 months is. But as per last post he got the pricing wrong, so the old mantra still stands "if it's too good to be true, it probably is"

You can find more less expensive products.
Don't jump on the 1st (re-)seller.

The price suddenly go from 5TH/s for 6000 to 1.5TH/s for 3900.  :o
At the corrected price, the deal no longer looks special and attractive.

Basically at any of these prices, just pass.  Buy BTC at the $450 USD rates now.

If the price is really 6K for 5TH/s, the price would be too good to be true lol, and you should worry if it is legit.
The price now turns out to be 3.9K for 1.5TH/s, and I believe you could not break even :)

As far as i know they are not scammers, I'm using them myself, their cloud mining company is called pbmining.com and they have really cheap price per GH/s.

I believe ChuckBuck was talking about the original deal in post #1 (5TH/s for $6000), which is way cheaper than pbmining (0.0056 btc per GH/s).
It turns out the price in post #1 is just wrong. ;)