Bitcoin Forum

I currently have 8 ASIC erupters, but I want to be mining at a 0.1 BTC per day. How much hardware we talking here?

And what is the best deal on the market for GH/s for the money. Not preorders or any of that, inhand on the market, available.

try www.hashbuster.com

Out of stock.

ATLEAST 80Ghash.. as this week nets in about 0.1 a day. but then the next difficulty jump it would be a 120ghash, then 170Ghash

thats between 30-50% jump in hash requirements per 2 weeks..the cost of constant upgrading exceeds the income.

we are no longer in the gold spectre days of the wild west, now we are moving into the industrial and town settlement stages of the wild west. setting up shops, renting out rooms, selling beer in saloons all for the chance of getting miners income without the sweat and heat that comes with mining.

so buy a brand new xbox/ playstation. (price ticket of a few hundred dollars) and sell for a 10% price increase (but for bitcoins) then youll receive 0.1BTC profit if you sold one of them per day.

think of selling 10 items priced wholesale of $30 which u can sell for $33 worth of bitcoin .. again there's your 0.1BTC

retail is the way forward, unless you want to risk the next gen miner that comes out, hoping for a better ROI then the current 333mhash chips currently give you

USB erupters can't ROI.. sell it while it still have values...

Did you say 0.1 BTC per day? :/...
I have a Jalapeno's Butterfly labs ASIC, @ 5 GHash and returns 0.006 per day :S
Each day the mining rate is lower :(
I prefer to doing trading at this moment, the btc price is very variable

Thank you for all the feedback. I've already paid for 1 of the miners this week(ROI). So I am making my investment back slowly. PPNLS is the way to go for sure.

and this investment you're making back, it'll come to a standstill in a couple of months

you know, the whole .1, .075, 0.056, 0.042, 0.032, 0.024, 0.018, 0.013, 0.010 thing.

approx. 10-11 days in between each


that's not a lot of monies.

Cex.io (http://goo.gl/9pTiRI) at .09 BTC per 1GHs hashing power it's close to the best mining power bang for your BTC.

You could try:

www.buyahash.com (http://buyahash.com?affiliates=29)

Worth considering for mining hardware and they also stock difficult to get hold of mining equipment, cables, back planes etc. They also source specific products so you could also ask them to locate it if you had something particular in mind. They also accept crypto payments.

Good luck.

:)

might want to wait for a little bit for the GH/S price self adjust...  Right now it's sooooooo high

You need to understand how mining difficulty works before you invest more into mining gears. (And also that it doesn't matter if you are using PPLNS, PPS, or any other payout mechanism.)

The answer is unless you are a Russian billionaire... Nothing. Because if you don't cover the costs of your hardware within a few months it becomes obsolete. I've upgraded a Jal from 5gh to 7gh.. A 25gh -30gh... Then cancelled my orders into 167gh of hosted mining that MAY start in Jan -Feb... By then 167gh will be like 2x jalapenos.. In todays crypto busting power... Only way to make money is trade... and that's dodgy too. As someone said the peasants looking for gold has stopped the big mining companies have moved in. Think of a Dalmatian losing all it's spots apart from a few... That's what the future of mining looks like for you and me. BTC price may be held artificially high by companies just to secure their businesses. No you and me mining... Means no business for them.. So they go ahead and produce MEGA machines for Arab Sheiks with $22,000 to "spare". The rich get richer... that includes the hardware manufacture too.

look around for video cards and throw them together to solo mine alt coins.  Solo mining brings you back fees that you wouldnt get from a pool plus you're likely to be able to make a return over sha256 and bitcoin alone...although you could also use your BEs to mine sha256 alts too for a gain within the next 60 days here aka 2014

That would be buying Bitcoin and do nothing..

At the moment almost all miners are not worth the money..

None of the miner make money. But if you are asking best I would tell you cex.io cause you can sell back your miner any time..

Wait until the price for ASIC drop to 2$ per GH/s..

I reckon the best money right now is in purchasing gear off of eBay, then filing paypal chargebacks & selling for 3x value on marketplace here...  in bitcoins, ofc

That is lame really, you have been doing that?

I'm thinking it was a joke, but who knows really, some people are scum.

 :-\

A lot people do that on ebay on purpose, avoid having any dealing BTC and ebay...

Thats why stay out of Ebay and use other method of trading...

Thanks for the tips but I don't wanna get nightmares so :)

cex.io just dipped about 25%
might be a good time to get in

Try cloud mining its much better. You can buy and sell gh whenver you want. For me it turned out to be much better than using actual hardware at your home. Just click on my signature to get more info :)

Pre-order the 1TH/s by cointerra should be the best right now?

cex.io is better you dont spend money psu
and is always save because pre orders have bugs

Yeah the 1/2ths miners will be the best for the money. Good luck.

Agree on the pre-order risk, but 1TH/s should be much cheaper comparing with GH/s so good luck :)

I don't think there is a best miner for your money :-\

1TH/s machine is much better then cex.io.. look at their electricity charges.

I think many people are doing that.. going to stay away from ebay for the time being..