Whatever you do, don't buy those USB stick miners if you're trying to get a small amount of Bitcoin. Even if it's $20-$30, the speed of those sticks will never ever produce $20-$30 of BTC you could've just bought from a seller or an exchange. If you literally just need 0.013 BTC, just buy it from LocalBitcoins, Coinbase, or any reputable Bitcoin exchange. Not sure if this promotion is still valid, or if they stop doing this, but Circle is giving out $10 of Bitcoin for new users. Worth a shot: https://www.circle.com/2014/05/16/10-to-spend/
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Wow what a bargain: Price: $125,000 per Megawatt per month. You can lease the entire facility for $250,000 per month. NOT! ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Don't think these prices help the little guys with Ant farms.
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Why do people think it is going to hit 10,000 for sure? I don't understand where you are coming from...and if you were so sure that Bitcoin was going to be huge, I am guessing you have over 1million BTC....If I knew it would be that big I would have hopped on board when they first came out..
Because it's deflationary and finite. With any currency or commodity, the rarer it is, the higher in value it will become. In this case, Bitcoin has multiple properties going for it: it's a cryptocurrency, a protocol, distributed public ledger, etc.. It still has a ways to go, before everybody sees what the fuss is all about.
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Finally see the X-3 hashing in action. Catch it while it's hot! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.gq.com%2Fblogs%2Fthe-feed%2Fballsonfire1.jpg&t=665&c=n2P0kzTkqGF8Ug)
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That's a very impressive mining operation Joust! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Just out of curiousity, what is your total estimated hashrate for Megamine?
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Sales open today and delivery is only on December that's 3 to 4 months and so its a pure Pre-Order. These days buying miners are too risky since the ROI marginal for most. More over the Alt coins are different than Sha256 In bitcoin the profitability can be predicted but it Alt its not that easy. Hope this Antminer L1 might workout. Also note the below statement by them. Moreover, the miner will be able to mine multifarious scrypt based altcoin, of which scrypt length can be 1024, 2048, 4096 (n = 10, 11 or 12). December?!! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Ugh, gross. I thought it'd be closer to this month or October at the latest. Although, it's a good price now, that could all change once KNC Titans finally drop and spikes the whole Scrypt mining hashrate and difficulty. Disappointed that Bitmain is going the preorder route.
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And for litecoins ?
Don't buy LTC anymore, it unpaired from BTC awhile ago(early June?). Last I checked it was like sub $5. Not worth mining any alts really, for the electrical costs.
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You can get an Antminer S3+, just for shits and giggles, just for fun and educational purposes.
You will never ROI and make back the investment in fiat or BTC that you'll put into buying an S3+, PSU, and electrical costs a month.
But for fun, sure go for it. Get an Ant S3+, a 550 W PSU or higher 80 Bronze rated minimum, either online wallet(Blockchain.info), or software wallet(Bitcoin Core or Armory), internet connection, and join a mining pool like Eligius, BTCGuild or Multipool.
You won't make your money back no matter what, but if you go in with that expectation already, Bitcoin mining can be fun with the tweaking and educational hobby aspect.
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Don't spend $3500 on a miner, you'll never recoup that money back in BTC or fiat barring an amazing price spike in the next few months. Mine for fun instead. Mine to learn new tech, to play around with hardware/software, and to say to all your friends "I'm Bitcoin mining!" Here's what you do. You buy $3000 worth of BTC and sit on it until the eventual price spike to the moon. The other $500, buy an Antminer S3+ and power supply and go to town tweaking, overclocking, cooling, and find ways to wire and host it without tripping over it in your house. After about 3-4 months, sell the S3+ and psu for BTC to recoup some of your fun losses. That's all you need to do, and you'll be happier and healthier of mind. And then check back on the BTC price by 2016 or so, it'll be worth it! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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If you're based in Canada, why don't you just buy from one of the Canadian exchanges, withdraw BTCs to Blockchain.info wallet, then send to the other party in the Philippines Blockchain.info wallet for pennies? http://howtobuybitcoins.info/ca.htmlIf you buy direct from an exchange, depending on the fees, it should potentially be much lower than that premium you paid to that seller on LocalBitcoins.
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At least pretend like you're going to sell some real miners?! ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Use GH/s not GHz and include a picture of your overpriced fake miners.
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So is it confirmed that you can't trade like CEX.io, I'm still not clear?
You own the hash you purchase until the power costs exceed the miner earnings. Then what happens? You just lose the hash, or can you trade it in for more, or cash out your hash?
Didn't see the answer to this part anywhere yet.
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Wow, that's a bargain! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) At least, they don't have a MOQ of 10 like they did on the X-1s. Can't even check their own website for typos and obvious errors.
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Wow, Bitmain making moves! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) First, worldwide miner domination with the S1, S2, and S3, now potentially a Scrypt miner and a cloud mining site in Hashnest?!! Mining for ROI maybe too difficult to non existent, but out of all the companies and manufacturers, at least Bitmain makes it feel like you have an outside chance. Definitely exciting news.
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Unreal. Not only will you never profit from an X-3, now it poses a potential fire hazard and health risk running it from home.
Speechless, at this level of incompetence.
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Joining this campaign:
User: ChuckBuck Rank: Senior member Number of posts: 1953 BTC addy: 1CwmksPZUfZbEh7efyzpueF8rBnHm99DFa
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LOLOL! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Hey triple J, you receive your Scrypt miner yet?
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Payment, though slightly late, was received for this sig campaign.
Removed negative trust, and will post positive trust since he paid all others.
You are the first Sr. Member who joined this campaign. And also you are the first who posted me a negative trust... Well Done... However I do appreciate you.... Hey, I bet the -6 in Red you saw next to your name after logging in made you sweat a little. Wouldn't be good for future business I bet. I'm also the only guy with enough trust to give you that little +1 next to your name you have now, so be nice! ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) You paid out to all members, so no harm no foul. I'd join your campaign again in the future depending on the payout structure. Good luck!
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Payment, though slightly late, was received for this sig campaign.
Removed negative trust, and will post positive trust since he paid all others.
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