Bitcoin Forum

Other => Beginners & Help => Topic started by: bavagreat on November 19, 2014, 03:24:39 PM



Title: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 03:24:39 PM
Hi everyone
I need little help from you guys.

1: Which hardware i have to Buy for bitcoin BTC mining or alternate coins [ LTC / DOGE ] . I HAVE BUDGET of 600 to 800 Dollars for buying equipment. Electricity in my country is free so i can run that machine 24/7 .


2: When you are going to tell machine just remind that in you mind I am in Kuwait . Can i get shipment here or not.


3: Any more useful tips from you guys will be appreciated .


4:
Tell me about that machine how to use and run in simple 1 line then when i buy will seek your help about this.




Thanks in Advance

Hoping for  Good Guide


P:



Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 03:38:12 PM
I suggest you to buy bitcoins... Bitcoin dificulty rise up and need high hashrate for mining I don't know about other altcoins..


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 03:52:18 PM
Buying bitcoin then what to do ?

i dont think so its gave me profit.


Title: Re: Need Some Guide For buying hardware
Post by: fast2fix on November 19, 2014, 05:03:41 PM
Buying bitcoin then what to do ?

i dont think so its gave me profit.
price of bitcoin is not stable if you buy mining hardware you won't be able to make roi on your investment. 


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 05:23:59 PM
Buying bitcoin then what to do ?

i dont think so its gave me profit.
price of bitcoin is not stable if you buy mining hardware you won't be able to make roi on your investment. 
So u mean I buy bitcoin when its low and sell when its go high?where I can do that

I want to do minning with hardware like sp20 jackson spoondoolies



Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 06:34:43 PM
Sp20 Jackson hash with 1.7 ths if you spend 800 $ to buy this and start mining you will earn this 800 $ on 4 months in bitcoin.. But the dificulty will rise up and month to month you will mine small amount e.g if the first month earn 250$ in btc the second month you will earn 210$ in btc I try to give you a example about mining dificulty..


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 06:38:11 PM
Buying bitcoin then what to do ?

i dont think so its gave me profit.
price of bitcoin is not stable if you buy mining hardware you won't be able to make roi on your investment. 
So u mean I buy bitcoin when its low and sell when its go high?where I can do that

I want to do minning with hardware like sp20 jackson spoondoolies


You can buy and sell bitcoin on exchange like bitstamp


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 07:51:23 PM
What about ltc or alt coins


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 08:13:54 PM
If you buy bitcoin then you can buy some altcoins like litecoin dogecoin..Then if you want to start mining buy a antminer s1 and mine altcoins..


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 08:24:46 PM
Which 1 is more profitable I wanna do this work to gain profit
Buy bitcoin 376 may be its go down then I will lost few dollars


Title: Re: Need Some Guide For buying hardware
Post by: valvalis on November 19, 2014, 08:33:02 PM
Which 1 is more profitable I wanna do this work to gain profit
Buy bitcoin 376 may be its go down then I will lost few dollars

If you want to mine bitcoin it would take long time to get profit.
Bitcoin dificulty always rise up, you need a big hashrate and it needs a big fund.


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 08:35:08 PM
You can keep it to your wallet and sell then when price will go up...
Here you can check the profitable http://www.coinwarz.com/cryptocurrency


Title: Re: Need Some Guide For buying hardware
Post by: cryptoFRED on November 19, 2014, 09:25:11 PM
I suggest you to buy bitcoins... Bitcoin dificulty rise up and need high hashrate for mining I don't know about other altcoins..

100% right! you can buy more btc than hardware in this price can create!


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 19, 2014, 09:31:32 PM
What is best hashrate I need and and funds
Like if I buy 1.7 th/s hardware is it good or not
http://www.spondoolies-tech.com/products/sp20-jackson-november-batch-2

What about this is it good or shall I go for higher
Or shall I go for alt coins with usb blocker or aiscc... mine alt coins and trade them with btc ?


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 19, 2014, 10:41:16 PM
Yes the miner is good but I don't suggest it for you... if you want to start mining as hobby you can select about the algorithm who want to mine sha256 like bitcoin scrypt like bitcoin x11 Blake etc.. In my opinion for altcoin mining buy antminer s1 and mine sha256 coins and then trade it for btc..


Title: Re: Need Some Guide For buying hardware
Post by: odolvlobo on November 20, 2014, 12:41:30 AM
Despite what many people are writing here, if your electricity is free, then you can make money by mining. However, mining is not a simple business -- there are many risks.

Do a lot of research before you start spending money.


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 20, 2014, 06:15:00 AM
Despite what many people are writing here, if your electricity is free, then you can make money by mining. However, mining is not a simple business -- there are many risks.

Do a lot of research before you start spending money.
Yes dear can make money but not with this hashrate.. This is my opinion


Title: Re: Need Some Guide For buying hardware
Post by: odolvlobo on November 20, 2014, 08:48:53 AM
Despite what many people are writing here, if your electricity is free, then you can make money by mining. However, mining is not a simple business -- there are many risks.

Do a lot of research before you start spending money.
Yes dear can make money but not with this hashrate.. This is my opinion

Why state opinion, when you can state fact?

An AntMiner S4 costs about 3.5 BTC. If the difficulty rises at a 7% rate, it will mine more than 5 BTC. That's a 1.5 BTC profit,  assuming free electricity.


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 20, 2014, 10:56:23 AM
Despite what many people are writing here, if your electricity is free, then you can make money by mining. However, mining is not a simple business -- there are many risks.

Do a lot of research before you start spending money.
Yes dear can make money but not with this hashrate.. This is my opinion

Why state opinion, when you can state fact?

An AntMiner S4 costs about 3.5 BTC. If the difficulty rises at a 7% rate, it will mine more than 5 BTC. That's a 1.5 BTC profit,  assuming free electricity.


Ok i f buy this https://bitmaintech.com/productDetail.htm?pid=00020140926075515819D846Og240603

How i can run this

how its work ? how to connect with my pc  which software i will use ?


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 20, 2014, 12:33:16 PM
Look you start the topic and tell you have budget 600-800$ I tell you with this budget the best is to buy bitcoins..
Now you are looking for s4 this is  up to your budget... Anyway you can setup it  following this tutorial   http://eastshoretrade.blogspot.gr/2014/10/tutorial-setting-upbtc-miner-antminer.html?m=1


Title: Re: Need Some Guide For buying hardware
Post by: notlist3d on November 20, 2014, 01:25:39 PM
You really picked a bad time if you want Scrypt miners.   A2's are still high priced, and next month Bitmain should have L1's come out.

I think December/January you will see a BIG change in scrypt miners pricing.   The old Zeus/Hasha/Gaw 30 MHz stuff is about obsolete with power considered.  The A2 Mini 30 MHZ you could buy or wait and get a lot more for your money.


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 20, 2014, 01:31:52 PM
Look you start the topic and tell you have budget 600-800$ I tell you with this budget the best is to buy bitcoins..
Now you are looking for s4 this is  up to your budget... Anyway you can setup it  following this tutorial   http://eastshoretrade.blogspot.gr/2014/10/tutorial-setting-upbtc-miner-antminer.html?m=1

I can manage my budget if i can earn from that hardware .. making good money every month


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 20, 2014, 01:52:47 PM
You really picked a bad time if you want Scrypt miners.   A2's are still high priced, and next month Bitmain should have L1's come out.

I think December/January you will see a BIG change in scrypt miners pricing.   The old Zeus/Hasha/Gaw 30 MHz stuff is about obsolete with power considered.  The A2 Mini 30 MHZ you could buy or wait and get a lot more for your money.
Thanks for information


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 20, 2014, 02:16:13 PM
Look you start the topic and tell you have budget 600-800$ I tell you with this budget the best is to buy bitcoins..
Now you are looking for s4 this is  up to your budget... Anyway you can setup it  following this tutorial   http://eastshoretrade.blogspot.gr/2014/10/tutorial-setting-upbtc-miner-antminer.html?m=1

Best Tutorial ever :* easy to use


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 20, 2014, 03:49:27 PM
Have any reasons to you can share this? :)

Didnt understand your question ?


Title: Re: Need Some Guide For buying hardware
Post by: chrisvl on November 21, 2014, 02:43:25 PM
Look you start the topic and tell you have budget 600-800$ I tell you with this budget the best is to buy bitcoins..
Now you are looking for s4 this is  up to your budget... Anyway you can setup it  following this tutorial   http://eastshoretrade.blogspot.gr/2014/10/tutorial-setting-upbtc-miner-antminer.html?m=1

I can manage my budget if i can earn from that hardware .. making good money every month

tell me how much budget do you have to tell you about how much btc will mine per month


Title: Re: Need Some Guide For buying hardware
Post by: yakuza699 on November 21, 2014, 02:52:06 PM
Definitely buy a cheap s4 coupon and buy s4 for under 900 bucks you Will profit in just under 50 days!


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 21, 2014, 10:57:40 PM
Look you start the topic and tell you have budget 600-800$ I tell you with this budget the best is to buy bitcoins..
Now you are looking for s4 this is  up to your budget... Anyway you can setup it  following this tutorial   http://eastshoretrade.blogspot.gr/2014/10/tutorial-setting-upbtc-miner-antminer.html?m=1

I can manage my budget if i can earn from that hardware .. making good money every month

tell me how much budget do you have to tell you about how much btc will mine per month
1200 usd I can manage


Title: Re: Need Some Guide For buying hardware
Post by: bavagreat on November 21, 2014, 11:05:45 PM
Definitely buy a cheap s4 coupon and buy s4 for under 900 bucks you Will profit in just under 50 days!
Where to buy cheap s4 voucher ? Please tell
And what about if I buy 2 c1


Title: Re: Need Some Guide For buying hardware
Post by: notlist3d on November 22, 2014, 02:32:46 AM
Definitely buy a cheap s4 coupon and buy s4 for under 900 bucks you Will profit in just under 50 days!

The S4 is a great price point right now.  I have to admit.


Title: Re: Need Some Guide For buying hardware
Post by: Salmon1989 on November 22, 2014, 05:44:19 AM
Where to buy cheap s4 voucher ? Please tell
And what about if I buy 2 c1

You can find a few persons selling Bitmain vouchers in https://bitcointalk.org/index.php?board=93.0

No idea about the details, but here is what I read.
Bitmain is giving these coupons out for free now just have to email them. Good luck selling them when they are free now