Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: JohnLight95 on December 24, 2014, 01:15:24 AM



Title: What Hardware to purchase or not?
Post by: JohnLight95 on December 24, 2014, 01:15:24 AM
Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95


Title: Re: What Hardware to purchase or not?
Post by: Newar on December 24, 2014, 12:13:28 PM

If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.


Title: Re: What Hardware to purchase or not?
Post by: Amph on December 24, 2014, 01:58:41 PM
the only non bad one is as3(antminer s3, or the new s4, i didn't check the specs for this one) for bitcoin, but even then they are not really great, roi too slow


Title: Re: What Hardware to purchase or not?
Post by: Sakarias-Corporation on December 24, 2014, 08:44:42 PM
S5. wait for S5. its freaking awesome.


Title: Re: What Hardware to purchase or not?
Post by: NorTiaN on December 25, 2014, 01:55:22 AM
Just buy. Its boring but safer.


Title: Re: What Hardware to purchase or not?
Post by: qs.lab on December 25, 2014, 09:52:14 AM

If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.
sanks


Title: Re: What Hardware to purchase or not?
Post by: randy8777 on December 25, 2014, 01:44:06 PM
i am thinking to buy myself an antminer s4 as it looks decent enough. should i go for it or should i wait for s5?


Title: Re: What Hardware to purchase or not?
Post by: Bananana on December 25, 2014, 01:45:49 PM
Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

UK electricity charges is not competitive enough, you should just buy Bitcoin directly if you would like to invest crypto.


Title: Re: What Hardware to purchase or not?
Post by: sumantso on December 27, 2014, 08:16:53 PM
Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

Buying Bitcoins is the way to go. TA charters are saying that prices may go down even more so its a great opportunity now.
If I were you I would also look around and look at the 2.0 cryptos too.


Title: Re: What Hardware to purchase or not?
Post by: picolo on December 27, 2014, 08:48:27 PM

If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.

Buying is safer but mining can be fun as an hobby and profitable if you have a good price for your cloud GHS or your hardware and if the difficulty is not increasing fast.


Title: Re: What Hardware to purchase or not?
Post by: caga on December 27, 2014, 10:38:18 PM
Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

I would recommend the S5 as well. Can't wait for it.


Title: Re: What Hardware to purchase or not?
Post by: sellfpga on December 28, 2014, 04:54:19 AM
that's right, just buy bitcoin! or buy Avalon4.


Title: Re: What Hardware to purchase or not?
Post by: picolo on December 28, 2014, 10:45:28 AM
Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

I would recommend the S5 as well. Can't wait for it.

The S5 is a good deal that will ROI : 19708 USD for 52x1155GHS ;D


Title: Re: What Hardware to purchase or not?
Post by: TechnoBibble on December 28, 2014, 11:45:05 AM
The S5's look quite good and fun!


Title: Re: What Hardware to purchase or not?
Post by: najzenmajsen on December 28, 2014, 12:17:15 PM
if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc


Title: Re: What Hardware to purchase or not?
Post by: picolo on December 28, 2014, 12:37:40 PM
if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.


Title: Re: What Hardware to purchase or not?
Post by: sumantso on December 28, 2014, 02:18:26 PM
The S5's look quite good and fun!

How exactly is it 'fun'? How can a specific miner be more fun than another?

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.

Unless the OP is moving out of UK, say goodbye to cheap electricity.


Title: Re: What Hardware to purchase or not?
Post by: Sam the Man on December 28, 2014, 07:40:17 PM
buying i agree with
I would be careful about announcing your money amounts though,, alot of peoples ideas may be influenced by it so make sure
you know what you are doing is safe first :)


Title: Re: What Hardware to purchase or not?
Post by: picolo on December 28, 2014, 09:45:31 PM
The S5's look quite good and fun!

How exactly is it 'fun'? How can a specific miner be more fun than another?

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.

Unless the OP is moving out of UK, say goodbye to cheap electricity.

Maybe he doesn't pay the electricity but its family pays it ;D Is it possible to have an apartment with the electricity included in the rent?


Title: Re: What Hardware to purchase or not?
Post by: BTCish on December 29, 2014, 12:46:40 PM
buy btc and invest in some good cloud mining site.


Title: Re: What Hardware to purchase or not?
Post by: picolo on December 29, 2014, 05:39:34 PM
buy btc and invest in some good cloud mining site.

The key is to find a good cloud mining site. Mining bitcoins at home is fun but less profitable.