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Title: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: CryptoCurrencyInc.com on May 29, 2014, 10:35:49 PM You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect
http://gizmodo.com/you-can-now-buy-bitcoin-mining-hardware-from-walmart-1583170469 http://www.tigerdirect.com/applications/SearchTools/item-details.asp?EdpNo=8882266 Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: zvs on May 30, 2014, 03:39:48 AM haha, 10ghash for $300
butterflylabs sets a fine suggested retail price that gizmodo article is wrong, you wouldn't break even ever (unless you found some bigger sucker to buy it used for around same price). 30 years? pfft Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: Ron~Popeil on May 30, 2014, 03:49:18 AM haha, 10ghash for $300 butterflylabs sets a fine suggested retail price that gizmodo article is wrong, you wouldn't break even ever (unless you found some bigger sucker to buy it used for around same price). 30 years? pfft Sadly there are always going to be new people that don't understand the math and get hooked by this stuff. When I first got into BTC I paid 50 bucks for a single GHS voucher on Amazon. It was a good lesson about doing your homework before jumping in. Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: LostDutchman on May 30, 2014, 04:23:20 AM You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect http://gizmodo.com/you-can-now-buy-bitcoin-mining-hardware-from-walmart-1583170469 http://www.tigerdirect.com/applications/SearchTools/item-details.asp?EdpNo=8882266 Uh, do you live on Planet Earth? "If you want to buy Bitcoin hardware through Walmart, your options are limited. That is to say, you can buy a 10GH/s Butterfly Labs miner (on sale!) for $300. Sweet deal right? Not so much. With the difficultly of mining Bitcoin increasing exponentially—by design—miner machines have to increase in power to keep up. 10GH/s, at this stage in the game, is nothing. So if you see fit to invest in this little sucker, you can expect to break even in around 30 years, given the current exchange rate and the average cost of electricity. It's basically a little black hole for your money." Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: The Bitcoin Institute on May 30, 2014, 04:57:14 AM haha, 10ghash for $300 butterflylabs sets a fine suggested retail price that gizmodo article is wrong, you wouldn't break even ever (unless you found some bigger sucker to buy it used for around same price). 30 years? pfft Correct, you never break even, unless the bitcoin price goes up, and then you would have been better off spending the money to just buy bitcoins directly. Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: acs267 on May 30, 2014, 05:04:56 AM Guessing you can't buy them with Bitcoin? Don't know which is better though. Buying with Bitcoin or Fiat. Fiat is just paper, and rarely increases. But that money in Bitcoin would be a huge lost.
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: agoraadnim on May 30, 2014, 05:09:51 AM Well at least its another step into the mainstream for Bitcoin I guess.
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: keithers on May 30, 2014, 05:50:02 AM Looks like you're actually buying from tiger direct, if you order through this route. I don't think it's really Walmart that you are buying from. I don't mine but I guess it's still decently good news...
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: Beliathon on May 30, 2014, 06:44:18 AM You're better off buying BTC.
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: eid on May 30, 2014, 06:49:35 AM haha, 10ghash for $300 butterflylabs sets a fine suggested retail price that gizmodo article is wrong, you wouldn't break even ever (unless you found some bigger sucker to buy it used for around same price). 30 years? pfft Sadly there are always going to be new people that don't understand the math and get hooked by this stuff. When I first got into BTC I paid 50 bucks for a single GHS voucher on Amazon. It was a good lesson about doing your homework before jumping in. It doesn't help when this forum carries advertisements proclaiming that "there has never been a better time to invest in mining". Shameful. Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: acs267 on May 30, 2014, 06:51:32 AM You're better off buying BTC. I sort of agree. I'd only buy it to resell it for a higher price locally. ;) Anyway, buying Bitcoin could return a profit now that difficulty has gone up a bit. If this was in 2011, or when ASICs first came out, that would return the profit in a day or so. Might take a month to re-earn your investment now. Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: blatchcorn on May 30, 2014, 07:34:09 AM There are going to be a lot of disappointed early adopters when they cannot mine anything
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: LostDutchman on May 30, 2014, 09:33:59 AM Looks like you're actually buying from tiger direct, if you order through this route. I don't think it's really Walmart that you are buying from. I don't mine but I guess it's still decently good news... It's not Walmart. The OP is full of...................................... ...........well........................................... ......you know. Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: notbatman on May 30, 2014, 09:46:04 AM Selling obsolete equipment for inflated prices from a crooked company? ha ha?
Title: Re: You Can Now Buy Bitcoin Mining Hardware From Walmart, TigerDirect Post by: LostDutchman on May 30, 2014, 09:59:39 AM Selling obsolete equipment for inflated prices from a crooked company? ha ha? Seems to be the thing these days I guess. |