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Author Topic: What is the best ASIC machine?  (Read 597 times)
ngindenkore (OP)
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December 08, 2013, 04:43:16 PM
 #1

What is the best ASIC machine nowadays?
EskimoBob
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December 08, 2013, 04:58:36 PM
 #2

What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
GeorgeA
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December 08, 2013, 11:37:58 PM
 #3

What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well Smiley

G
nahtnam
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December 09, 2013, 12:05:53 AM
 #4

What is the best ASIC machine nowadays?

If you look at the http://mining.thegenesisblock.com/ then all the imaginary ones.


Thanks a lot, that is a very useful site.

For the first time I have been able to evaluate mining hardware properly in financial terms, and it looks like investing particularly in the smaller devices isn't worth it except for a hobby interest. 

Interesting that there are a few options to really make some money, as long as the Bitcoin keeps it's value reasonably well Smiley

G

Watch out though. Some of these dont even ship until later.

PenAndPaper
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December 09, 2013, 12:09:21 AM
 #5

Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue
GeorgeA
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December 09, 2013, 08:08:41 AM
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Watch out though. Some of these dont even ship until later.

Good point.

Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G
nahtnam
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December 10, 2013, 12:28:40 AM
 #7

One more thing I want to say. If you can, pay with FIAT. That way you have a chance of ROI. Lets say you pay $1000 on a mining rig, and get 0.2 from it. Then bitcoin slowly makes its way up to $10,000. You just made $1000. This isnt 100% sure but it might happen!

poelling92
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December 10, 2013, 12:33:36 AM
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Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

The price reflect that, but no one can guarantee delivery dates. Look at BFL example, they shipped 8 months later than promised
caminilegroup
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December 10, 2013, 12:33:43 AM
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Watch out though. Some of these dont even ship until later.

Good point.

Because investing in the bigger ones really worths it  Tongue Tongue
Most of them will arrive months later in the middle of a shitstorm of difficulty  Tongue

Well the price should fall to reflect that, otherwise the prospects for profit will be much reduced.

It is an arms race.

G

You would think, difficulty went up and prices went up. Granted the btc price jumped to 1K, but the difficulty was so high that if you wanted to mine you had no choice but to buy more hardware, ergo, price hike.
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