I live in the Philippines and the cost per kw/h is below $0.05 can the antminer be used  in mining altcoins if I change my mind in the future?

I was talking about the the orbs... Sorry about that. I wanted something that could mine BTC then switch to altcoins in the future

I see that the price has dropped for gridseeds and was wondering if I could still mine BTC using say 5 gridseeds, then by the end of the year switch them to mining altcoins? Electricity is not a factor and gaining btc on a regular basis would be the goal. Any input on this would be much appreciated.

Mga boss tanong ko lang kung mayroon ba dito na bumubuo ng asic miner sa pilipinas? O hindi naman kaya yung may setup sila na rig na pang mine? Interesado kasi sana ako mag tabi ng onting pera para bumuo ng sarili kong pang mine pero hindi ko pa alam kung papano medyo baguhan pa kasi sana matulungan niyo ako salamat.

@davellolzz - Thanks for the info I will definitely look into coins.ph

Okay so far most people agree that cloud mining is pretty much a bust. I will try to get my status up to member to be able to earn bitcoins. What would be a trusted site where I could buy a small fraction of bitcoins using a credit card or paypal?

@Wusolini - I was thinking of doing cloud mining but would investing in increments of $20 a month really gain a profit in cloud mining?

@Cryptocreek - Unfortunately I would not be able to afford purchasing a GPU and mining since my funds are very limited

Thank you

Hi everyone! I'm just learning about bitcoins and I was wondering how to best invest in bitcoins on small but long term basis I live in the Philippines and cannot afford to buy hardware for mining. I've recently tried doing some faucets to better grasp how the wallet works and faucets seem like it will take forever to earn a single bitcoin. Any suggestions as to how to go about investing? The budget I can afford for this would be approximately $20-30 a month thanks in advance to anyone who would reply.