Jumping into the deep end!!

[Lee0044]

Hey, I'm quite new to bitcoins!! I didn't know about them a few months ago....
It's been my new hobby / addiction for ages now I tried with very little luck to try and mine my home iMac for bitcoins but as you all know it's pointless anless you have special hardware!!
So I decided to look in to hardware options to help mine for bitcoins faster.
After a couple of weeks of research I decided to go for a Bitfury miner as they can be expanded easily

I found one in London so went and collected it yesterday, the guy was bitcoin crazy and had lots of mining equipment running all over the place!! 

I got it home and set it up and it's running at 100 ghz and producing 0.1 Bitcoin daily

So in 10 days I should have my first Bitcoin!! 

I really do think that 1 bitcoin will make $1000 soon!


http://i936.photobucket.com/albums/ad209/lee0044/null_zpse35a09bd.jpg


Bitfury M-Board v2.3
Bitfury H-Card x 3
Raspberry pi computer
Psu

Have any of you guys tried anything with specialist hardware??

[Arduent]

Wow! I'm so jealous 
The other day I just purchased an ASICMiner Block Erupter Blade v2 for $220 USD which produces 10 GH/s.
Until your post I thought that the Blades were the most efficient and expandable miners.
I'll have to get some of these Bitfury miners now!
Do you have any advice on how/where to obtain them?

thanks

[Lee0044]

You can buy the hardware from www.bitfurystrikesback.com the H-cards are out of stock and have been for a long time now

I found this miner on eBay, it was the only one in the uk for sale so I was quite lucky!!

[exstasie]

Hey, I'm quite new to bitcoins!! I didn't know about them a few months ago....
It's been my new hobby / addiction for ages now I tried with very little luck to try and mine my home iMac for bitcoins but as you all know it's pointless anless you have special hardware!!
So I decided to look in to hardware options to help mine for bitcoins faster.
After a couple of weeks of research I decided to go for a Bitfury miner as they can be expanded easily

I found one in London so went and collected it yesterday, the guy was bitcoin crazy and had lots of mining equipment running all over the place!! 

I got it home and set it up and it's running at 100 ghz and producing 0.1 Bitcoin daily

So in 10 days I should have my first Bitcoin!! 

I really do think that 1 bitcoin will make $1000 soon!





Bitfury M-Board v2.3
Bitfury H-Card x 3
Raspberry pi computer
Psu

Have any of you guys tried anything with specialist hardware??

Wow, that setup looks pretty amazing.  Mind me asking how much you had to pay for the bitfury miner?  Just curious what the ROI is these days on mining.  Obviously no one knows what the price is going to be like in the future, so hard to gauge the return.

[Lee0044]

It was very expensive.... I have been looking for ages to find one, some in America were $14,000 for the same machine with 10 h-cards. You would then have to pay import tax on top!!

So I decided to find one already in the uk with import tax already paid, this one was £2,000
I have worked out I need to make about 7 coins to get a return on my investment.

It currently takes 10 days to make 1 coin, so it will take about 2 and a half months.

I will keep an eye out for more h-cards as if I find another 3 cards and install them I will be up to 200 ghz and making 1 coin every 5 days

[AndrewWilliams]

It was very expensive.... I have been looking for ages to find one, some in America were $14,000 for the same machine with 10 h-cards. You would then have to pay import tax on top!!

So I decided to find one already in the uk with import tax already paid, this one was £2,000
I have worked out I need to make about 7 coins to get a return on my investment.

It currently takes 10 days to make 1 coin, so it will take about 2 and a half months.

I will keep an eye out for more h-cards as if I find another 3 cards and install them I will be up to 200 ghz and making 1 coin every 5 days

Nice rig.

Make sure you account for increasing difficulty though, that 2 and a half months is going to be longer than you think. 

[Lee0044]

Yeah that's true...

I will keep an eye out for more H-Cards though as I feel that this needs a few more to stay in the game for a while!!