Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: strungoutbtc on August 07, 2014, 07:07:26 PM



Title: Best unit to start with
Post by: strungoutbtc on August 07, 2014, 07:07:26 PM
Have around $2500 to spend, what's a good start?


Title: Re: Best unit to start with
Post by: Bitsaurus on August 07, 2014, 07:26:40 PM
Seeing as how you have already been graced by Vod's touch I take it you have not read too much on the forums.  Buy a small miner for under $500 to learn about mining.  Either buy a new Antminer S3 or Rockminer 35GH/s unit.  You can also get a used Antminer S1 for $100.  Learn how to mine and see if you can make profits before jumping the gun.


Title: Re: Best unit to start with
Post by: Radelderth on August 08, 2014, 01:55:32 PM
Have around $2500 to spend, what's a good start?

Buy BTC directly with it..


Title: Re: Best unit to start with
Post by: Syke on August 08, 2014, 06:00:57 PM
To reiterate what everyone else has said:

* If you want to mine, get S3 miners.
* If you want more bitcoins, just buy them.


Title: Re: Best unit to start with
Post by: counter on August 10, 2014, 01:15:40 AM
Seeing as how you have already been graced by Vod's touch I take it you have not read too much on the forums.  Buy a small miner for under $500 to learn about mining.  Either buy a new Antminer S3 or Rockminer 35GH/s unit.  You can also get a used Antminer S1 for $100.  Learn how to mine and see if you can make profits before jumping the gun.

Hmm interesting.. :)  Not sure if that is worth the effort but it is not a ton of money to try and see if you are interested investing a substantial amount into mining.


Title: Re: Best unit to start with
Post by: Bitsaurus on August 10, 2014, 03:40:37 AM
Seeing as how you have already been graced by Vod's touch I take it you have not read too much on the forums.  Buy a small miner for under $500 to learn about mining.  Either buy a new Antminer S3 or Rockminer 35GH/s unit.  You can also get a used Antminer S1 for $100.  Learn how to mine and see if you can make profits before jumping the gun.

Hmm interesting.. :)  Not sure if that is worth the effort but it is not a ton of money to try and see if you are interested investing a substantial amount into mining.

Mostly that is a lesson to realize that mining is interesting to some and a complete pain to others.  To some the noise and heat is unbearable - to others it's not a big deal.  Sometimes it's not even about the money if it makes your quality of life go down.


Title: Re: Best unit to start with
Post by: BTC_Fundamentals on August 10, 2014, 10:34:18 AM
S3 is the answer. Best price/performance ratio right now.


Title: Re: Best unit to start with
Post by: Bitsaurus on August 11, 2014, 04:50:52 AM
S3 is the answer. Best price/performance ratio right now.

While it may be one of the most efficient it has a higher barrier to entry than some other offerings like the cheap Rockbox gear.  That gear is equally friendly and people won't cry a river if the unit dies or if they don't ROI.

New miners should always start off slow unless they have a friend guiding them firsthand.


Title: Re: Best unit to start with
Post by: fanboy4 on August 11, 2014, 04:52:12 AM
Better hold sometime, until you become sure you know what you are doing. Otherwise throwing money on btc is gamble.


Title: Re: Best unit to start with
Post by: Gumbork on August 11, 2014, 12:47:16 PM
Yup S3 is the best right now...


Title: Re: Best unit to start with
Post by: johny08 on August 13, 2014, 01:06:22 PM
Better hold sometime, until you become sure you know what you are doing. Otherwise throwing money on btc is gamble.

yeah, but buying a moto in this age is also the risk to lose life.

pump and dump some altcoins, thats the king league.