Bitcoin Forum

Interested to see if anyone is still buying new mining rigs?

I decided that i'll stick with what I have as it seems like a waste hurling more money at it now. The difficulty is still increasing so I guess someone is.

I'd like to buy the U3.. but just as a toy I am the same as you.

2 S3's
3 S1's.

See also: Mining > Mining Speculation :: Still buying Hardware? (https://bitcointalk.org/index.php?topic=811586)

Thanks for the link.

Looking at ebay for example the price of miners has crashed. Understandably I guess. Its all speculation :)

Why I should not  buy? Recently, I bought a 6 antminer C1. I paid yesterday  for  one SP20 1,070.62 Euro, Last week, I sold two Antminer SP2  for € 1000.
 
I have only 3x50A . I need a good miners.

i'm still acquiring miners. replacing old kit with more efficient rigs, it's how we live  8)

There is a point when buying mining hardware will become a good investment versus fiat. When Bitcoin and Litecoin mining profit peaked (May 2011, twice in 2013), ASICs and GPUs were selling at 3-5x their original prices despite being used.

Whether it's just better to simply buy Bitcoin is a different debate.

more like its how vendors make killings, while idiots dream about being rich mining.

rich banker kid! watch out!!!

i am still buying miners, not much but still buying.

idiots are people who remark on other people's lives without having a clue about anything about them  :D
mining is no longer a 'get rich quick' scheme. maybe it was good for a few of us early adopters but it's still a hobby for me.

why do you seem so bitter about this?

yup, if you're going to mine take it as a hobby coz if your aim is to make profit then you will most likely end up crying in a corner  :)

One thing that helps me over next few months is the cold weather.  It is high 30 F outside.  Winter is my best time to expand.  With ambient like that you have very cool running miners.  With little to no cooling costs.

People are setting up large operations(still), I really doubt anyone is buying hardware worth <10000 at this point unless they're doing it just for fun

I think home miners are selling and cloud miners are buying. This is disturbing towards the de-centralized nature of bitcoin.

A lot still want hardware (including me).  Mining in the cloud is not the same.  Not to mention there are a lot of sites that dont have trust.

Well, I am buying cloud mining hash. No more buying hardware as electricity bills is higher then the revenue.

I paid 599 and price rose to 649 due to coins jumping to 442 usd

just set up an asicminer prisma  it is hashing at 1435gh with
watts at 1244  this is about .87 watts at the plug


http://imagizer.imageshack.us/v2/1280x1024q90/538/29xm9Q.jpg
top of the line psu evga 1600 watts platinum


http://imagizer.imageshack.us/v2/1280x1024q90/905/4juBgH.jpg

opened garage back door let in some cool fall air.  fan brings in cold air

http://imagizer.imageshack.us/v2/1280x1024q90/745/YuvB2u.jpg

a second fan a delta ebay 9 bucks .   and I spaced the long tube since we don't want our long hot tubes popping from the heat do we.


http://imagizer.imageshack.us/v2/1280x1024q90/907/QbLWPt.jpg


one fan for the middle burnout issue

http://imagizer.imageshack.us/v2/1280x1024q90/674/LnPtBQ.jpg

let the hash crank up
http://imagizer.imageshack.us/v2/1280x1024q90/908/f3wTN2.jpg

i am still buying if i find a good price for a miner.

pretty good. and the fact that we have more time to monitor what method and where our rigs mine, we can make sure we get the most out of our miners. I can say with 100% confidence that I am mining more per TH/s than even KNC will be doing with their datorhall, simply because I have time to monitor the pools on which I mine and spread block variance between my miners.

and yeah, nice PSU, i've got one arriving to power my new SP20 next week  ;D

  and now that I offloaded the prisma and purchased an sp20 i will use that psu for my sp20

Just bought two Gridseed g blades mining at 5.7 each anyone any idea what they would mine in 24hrs session or should mine in that timeframe

Nope. Stopped buying new hardware after USB Antminers. Using the $ to buy BTC directly instead. The miners that I already have are still running, though, as electricity is pretty cheap, but I'll phase out 10 BlockErupters once the heating season is over. :)