New kid on the block

[wavez]

Hi all.
I've been mining for a while now after setting up 3 computers with varying bits are hardware in. The main aim was to just have them ticking away but as its gone on it's all got very addictive to try and get that little more and it was all going well and then over the last couple of weeks the amount I get is getting lower and lower. I've been reading about ASIC miners for a while and it all sounded pie in the sky in my opinion for any kind of mainstream hardware to be rolling out but obviously that was wrong as now all companies seem to be shipping in total hash has flown up and I've been left behind with my old kit. So this is what's brought me here, after looking into the ASIC miners in slot more detail (at first the prices where crazy and no promise of when it may arrive or the 1s that would arrive where no better priced than and normal graphics card)
So on me looking around for an ASIC miner I came across here and it's been great reading all the other miners info, tips etc.
so I've been looking at the USB eruptor miners. Think with my current setup they'd go nicely, bought with bit coins and add to it as more coins come in. Any one else recommend any others to look at? Think the editors do 333mh at 34 bbc give or take with some postage.
Anyway look forward to reading through the forums more and more and improve my setup

[marcovaldo]

Welcome

[contactmike1]

You might start looking at digital stock/bonds for mining if you want mining.  With difficulty skyrocketing, there will be little if any opportunity for individuals with individual equipment to break even, much less make a profit.  If it was me, I'd be putting money into a longer term, sustainable company with lots of a hash power, which provides lower monthly payouts, but for significantly longer time.  Individual units do have higher payouts, but they go obsolete so fast (few months).   At this stage of the game, you will be better off looking at longer term investments.

[imamanandyou]

At this stage of the game, you will be better off looking at longer term investments.

These investments are very risky.

[happyagnostic]

Hi all.
I've been mining for a while now after setting up 3 computers with varying bits are hardware in. The main aim was to just have them ticking away but as its gone on it's all got very addictive to try and get that little more and it was all going well and then over the last couple of weeks the amount I get is getting lower and lower. I've been reading about ASIC miners for a while and it all sounded pie in the sky in my opinion for any kind of mainstream hardware to be rolling out but obviously that was wrong as now all companies seem to be shipping in total hash has flown up and I've been left behind with my old kit. So this is what's brought me here, after looking into the ASIC miners in slot more detail (at first the prices where crazy and no promise of when it may arrive or the 1s that would arrive where no better priced than and normal graphics card)
So on me looking around for an ASIC miner I came across here and it's been great reading all the other miners info, tips etc.
so I've been looking at the USB eruptor miners. Think with my current setup they'd go nicely, bought with bit coins and add to it as more coins come in. Any one else recommend any others to look at? Think the editors do 333mh at 34 bbc give or take with some postage.
Anyway look forward to reading through the forums more and more and improve my setup

The only tip you need

http://btcinvest.net/bitcoin-mining-profit-calculator.php

Best of luck.

[contactmike1]

At this stage of the game, you will be better off looking at longer term investments.

These investments are very risky.

I agree completely.  ANY investment in mining is very risky this late in the game.  However, in my opinion, if you are going to do mining, you are facing less risk doing a perpetual mining bond than buying hardware.  Worst case scenario, you can sell the bond and get some of your money back, whereas a unprofitable miner is an unrecoverable loss. 

[baddogshuck]

Hi,

I've just joined the forum.  I recon I've come into the game too late, should have done this a couple of years back.  But after playing around with a GPU and a BE for a month, I've just invested in another five Block Erupters and a Raspberry Pi. 

Hopefully the BE will have paid for themselves in a year, and I've got something geeky to play with, and a talking piece, seeing their lights flickering away as they work.  I think the days of making a killing have passed as the world economy gets better, but it's a fun thing to do and there's always the possibility of making a little bit of money.

[b!z]

WElcome to the forums. I don't think usb miners are the best investment right now. There are new asics on the block, you should check them out.

[sr_miner]

Hello everyone! Welcome to the jungle! 

[Wozzoo]

Welcome to Bitcointalk!