Bitcoin Forum
May 24, 2024, 03:08:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: some basic questions (of course)  (Read 538 times)
outofspace (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
December 31, 2013, 04:27:54 AM
 #1

Hi all,

i got aware of bitcoins some months ago when it was still around 300$/btc

of course the idea of btc started a "gold"fever as it probably did with many others here as well. getting rich, or .. wealthy, in short time, who wouldnt want that.
i searched of ways to create bitcoins myself and got back to the ground pretty fast, graphic cards dont do any good anymore and asics are pretty expensive and sold out fast.

well anyway i am in the business to order a neptune device pretty soon but still i hesitate and have doubts about this heavy investment.

according to this website http://www.bitcoinx.com/profit/ at the 3TH that the neptune "produces" i would break even in about 10days
how realistic is that? or in other words, is it realitic that i get 1.2btc per day?
i guess solo mining even with a neptune would be very risky so it would come down to pool mining.

what are you "cash out" experiences.
what amount of time do you normally need to get one bitcoin.


i dont care so much for, electricity costs or the current btc exchange rate.

also i havent found any info on how much power the neptune actually consumes, can somebody enlighten me?

best regards

oos
player01
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
December 31, 2013, 04:36:40 AM
 #2

A neptune should break even maybe in about 2 or 3 years, or never if you got on the preorder list today (maybe, depends on the BTC price)

Look on ebay for this item number 281232934543

and look at this

http://bitcoinwisdom.com/bitcoin/difficulty

Make your calculations at this exponential rate of difficulty increase and you may very well realize that it's much safer to buy GHs for way too much as long as you can start mining immediately.

If you can't get on a plane, show up, take it to the airport and fly back home, DO NOT buy a miner, you will loose your shirt with electricity and initial investment.

Take a few bucks, (not more than you are willing to lose) Get in CEX (my referral is below in my signature)

Buy some Ghs at current market price and see what happens for at least a week before you jump on a huge investment like that.

There are a lot of options out there, if you want to get into mining, do the math and get the best ROI on what you can get today.

I wish someone had told me this 2 months ago.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!