Investing £1000 gbp in mining

[zildogh]

Hi

I'm considering purchasing a avalon miner 220gh. But as I'm fairly new to this market though I'd give u guys a shout n see wot u think. Could the money be better spent on something else?

With this type of hashing power how much do u see it earning per month? I've done some math based on my own testing and research. I'd be running in a pool

In light of recent events wot you think of the future btc worth. At the mo it's 557 usd to 1 btc. It was 585 USB yesterday?

Is now the right time to start mining btc?

Thanks in advance

[joele]

No, its better to buy bitcoin than mining it.