I think it should work fine as far as wireless the run the R1 and U3's from it.   It is nothing fancy but should be able to do it, personally I went Ethernet each time I set it up.  But wireless should be fine to a point.

That being said if you have it as a access point don't expect a lot out of it.  It is not a great router you can get far better for much cheaper if what you need is a device to put out WIFI for devices to connect to.   

In most cases buying a compac makes more sense as a usb stick miner.  And it will be for learning or lotto.  You will not make a profit unless it's from selling the miner one day.

Avalon nano I have used one nothing wrong with them.  But again it's a stick miner so you pay more then you will get in return.  I think compac being more current is best best though, even though still no profit.

I tend to keep mine on Bitcoin, I think it has the best long term goals.  Every once in a while if a new alt coin comes out I will put it some gear on nicehash but it's hardly worth it right now - https://www.nicehash.com/ 2 percent over normal  (and there are fees).

But I think your best bet is mining BTC and holding what you can.  I personally sell off for electricity as if I don't I get in pretty deep as I tend to normally be more then 10k watts at most times.  That just adds up to a big electric bill.  So kinda is also another way to make sure I'm profitable currently by selling and paying electricity for my miners. (I don't always do it if price is bad, but as general rule I like to sell enough to pay electricity).

Best of luck, sadly I don't see EU changing much.  Due to vat/import it is argubly one of the hardest places to profit on mining gear from initial investment.  Miners are just to expensive over there most of time.

You are far better of buying and hosting somewhere out of EU I think.  As far as new hardware... all speculation no one can really say much on when/what we will see.  But new gear does not change EU vat/import tax sadly for EU miners.   So I still see hardware as to high to start in most cases there.

I would take a look at it again, it should not ave a 8000 starting point unless you are doing a LOT of S7's.  Were talking a much smaller investment. But your right profit is harder and harder.   

What is your electricity price?  Also do you have vat/import tax?

If you are mining GPU's chances are it's a ETH rig currently.  That seems to be the new "it" alt coin for gpu miners, I still hold reservation's and have not built any new rigs to mine it.  I just don't want to build then quickly after be forced to sale.

That being said pure scrypt has asics... they beat the heck out of GPU's.  So were talking about algo varients of scrypt that are GPU resistant.  And sha256... I still tend to mine BTC been a long time since I have mined an alt on it.

They have produced some B11's already so not really pre-order scams.  They were mainly used internally vs sales, they also did not hit near efficiency as the refined one should hit.

They should be legit on BW.  That being said I still did not order any of their hashing contracts, but I would put them as second behind bitmain as far as reliability as they should come though.  But time will tell.

Bitwisdom is up:
Bitcoin Difficulty:    166,851,513,283
Estimated Next Difficulty:    173,929,554,184 (+4.24%)
Adjust time:    After 1077 Blocks, About 7.2 days
Hashrate(?):    1,258,413,935 GH/s

And we still have time to go.  I kept thinking S7's would made a effect but seemed to be small maybe this change they finnaly will pump out a bunch of new 1 fan design.  This does not scare me as much as next gen, next gen scares me once they hit it.

Horrible idea on faucets you will earn cents per hour.  Your talking dust payments.  If you earn 1 BTC from faucets... your spending likely over 10K hours... and that is a generous estimate.

Add electricity for computer you lose money on faucet.   But no one is making 1 BTC these day's unless really into referral's (which is not easy to get lots of).

That is the magic word many companies looking for investors use.  Bitcoin seems to have some bad press that scares people away in some case.  Change word to blockchain is what a surprising amount of companies are doing when looking for investments.

I still think bitcoin has a good future (I hope at least).  I think seeing what happens after having will be a little indication.

Use a good password manager is honestly a great idea.  I combine it with 2nd factor to.  I use Yubikey's with my password manager you cannot access it without me physically pressing the Yubikey. 

But use different password for each crypto site it is big deal anymore.  Also using different emails for certain things is not a bad idea.

You will need to run a ROI with a calculator and your electricity price.  Electricity price is huge.   https://bitcoinwisdom.com/bitcoin/calculator

But on next bitmain product... they are quiet no one can say.   It's highly speculation at this point.   No leaks or anything like some in past.   So no one can tell you if you get 3 months before a new product or not from them.

Been a long time since I bought them but I used 2x http://www.ebay.com/itm/381066536924?_trksid=p2060778.m2749.l2649&ssPageName=STRK%3AMEBIDX%3AIT long ago.  They were faster then syscooling pumps and lasted great sold them with the C1's a bit back.

Someone might have a cheaper solution.  Those work great though when my syscooling pumps died what I went to.

Great to hear on both!   I'm glad you are keeping it going and switching advertising.  After almost a year in this signature campaign I'm still happy to be here.  Seems to make sense with it being same place being advertised just under new name.  Look forward to switching over to coinsbank

Thanks for help/time as always.

You linked to batch one... that is not going to be what is current.  Current would be one fan model - https://bitmaintech.com/productDetail.htm?pid=000201603310959482268cfunbq106E5

But read part about being in EU.  I really think he would have a hard time, and it's not going to fit mentioned budget of under 1 BTC by any means.  EU is a hard place for miners in general (few exceptions but not many).

Some of the least exciting mining pictures there .  Biggest I ever got was 3 U3's on my R1, don't think I have any pics.  Most exciting thing with mine was fan's I had fun with some LED fan's to cool down my lotto miners (U3's and Compacs).   I went overboard but looked neat.

S5's also held a decent value for quiet a while on re-selling.   I sold all my previous gen gear (anything before S7/A6).  And did decent with it, happy I sold before S7 dropping with coupons and everything been a bit since I sold them.   

But mining with S5's and other prev generation gear and selling worked good for me.  I sold them on ebay (a little risky) and bought coins after to eventually buy more miners with of this gen or possibly next gen.

I think you are fighting a hard battle.  Most gear in EU costs more then it's worth due to vat/import tax.  So your used gear..... chances are you would pay more then it's worth.

I suggest you buy something and have it hosted somewhere, as EU tends to have high electricity prices to in a lot of cases.  Add that to the vat/import.. very hard to start profitable mining.  You might be better off buying 1 coin and hold then mining in your area.

Going all in to start is a horrible idea.   Going from no miners to mining 10k worth of equipment... huge growing pains.  Start off smaller and add gradual with starting.   The electrical wiring, cooling, networking, psu's, etc.  Just a lot of thing he would have to learn all at once and if your talking about 10k worth of gear... i argue it's to much for most on jumping in first miner.

Starting with 1 S7 and trying it even is better then jumping in to big at once.  All or nothing is not a good way to invest in general.

+4.3 = Notlist3d

Coin price is over 420... so not horrible this round still want to see it jump, but it's been slow on that.