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August 18, 2012, 01:15:25 PM |
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Hi all,
New to the forum, despite having spent a massive amount of time readin up and lurking.
I am defining a strategy to enter the BTC mining game a bit late. I originally read about BTC back early last year but dismissed it because there was no real market (to exchange goods and services). It seems like things are getting a bit more interesting now so I feel like having a dabble.
I am looking to hedge my investment based on - uncertainty around asics availability - certainty around GPU/FPGA - need to get ROI as fast as possible to avoid being hit hard by the change in block reward rate.
Does anyone know what the current ETA is for the reward rate to drop to 25BTC/block? This will probably affect my investment strategy a bit.
Current plan is to setup a cluster of 7970s (12-16) on junk motherboards to mine as quick as possible (while its still winter here) and then ditch these once breaking even (collecting sale of cards) to then reinvest in ASIC's or FPGA.
Thoughts?
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