Help me please ! I am new!

[Iordanis]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

[moko666]

if you are new to bitcoin mining then try you luck buying selling bitcoin, bitcoin price is dropping so it will hard for you to get ROI with mining at current price.

[gdale]

you could get two s5 from bitmain and the APW3-12-1600-B2 power supply from them you could get  2.3th/s with $0.10 per kwh you will see 1.2 kw * 720 * 0.1 = $86.40 power bill and at current diff and exchange rate will make $165.7. $79.30 profit. and cost $972.06. 972.06/79.3 given that it will take 13 months to hit breack even point. if diff and exchave rate remain the same.
i hope this helps

[rkinnin]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

a year and a half ago I asked the same thing.

Many would suggest that you just buy BTC and with $1k you can get a little over 4 BTC. 

But I would suggest that you buy some hardware, even some older models so that you can get your hands dirty.  This way you can feel the pain that many have gone through and when the price of BTC goes up you can see that benefit as well.

....or you can do a combination of both.  :-)

Being here though is a good first step!

Welcome aboard and good luck!!

[BlackSpidy]

It depends on many factors, I will list some:

Location: This matters for heat and import cost
Electric price: This is going to be a HUGE issue
Storage space: How many miners you can put where
Running Time: Can you keep them up 24hr/day and have peace at mind?
Comfortability: physically comfortable with heat and fan noise and comfort in working with technology.

These are what will matter when you want to mine, I suggest just buy bitcoin and hold currently. You can buy a used s3 to dip your toes in and get used to it a bit.

Hey, I'm interested in perhaps investing in mining, later in my life. I think I will be spending a few years in Guatemala, and from a bit of research, here's what I got.

Location: Guatemala. Here's what wikipedia says about it. http://en.wikipedia.org/wiki/Guatemala_City#Climate
Electric price: $0.13 kWh
Storage space: I would say...  1m², or 10.8ft²
Running Time: Can you keep them up 24hr/day and have peace at mind? I would run them 24hr/day. I dont foresee any drawbacks from it.
Comfortability: I am physically comfortable with heat and fan noise. The tech, I would be kind of depending on the internet when it comes to setting it up and running it.

Hypothetically, I would have $2k to invest, could you guys help me with some kind of analysis? I would appreciate it. 

[notlist3d]

It depends on many factors, I will list some:

Location: This matters for heat and import cost
Electric price: This is going to be a HUGE issue
Storage space: How many miners you can put where
Running Time: Can you keep them up 24hr/day and have peace at mind?
Comfortability: physically comfortable with heat and fan noise and comfort in working with technology.

These are what will matter when you want to mine, I suggest just buy bitcoin and hold currently. You can buy a used s3 to dip your toes in and get used to it a bit.

Hey, I'm interested in perhaps investing in mining, later in my life. I think I will be spending a few years in Guatemala, and from a bit of research, here's what I got.

Location: Guatemala. Here's what wikipedia says about it. http://en.wikipedia.org/wiki/Guatemala_City#Climate
Electric price: $0.13 kWh
Storage space: I would say...  1m², or 10.8ft²
Running Time: Can you keep them up 24hr/day and have peace at mind? I would run them 24hr/day. I dont foresee any drawbacks from it.
Comfortability: I am physically comfortable with heat and fan noise. The tech, I would be kind of depending on the internet when it comes to setting it up and running it.

Hypothetically, I would have $2k to invest, could you guys help me with some kind of analysis? I would appreciate it. 

One of main factors is electricity price.  You can find hosting centers a tad cheaper the .13 cents I would say.   So you might be better off buying gear and having it hosted somewhere.

And OP what is your electricity price?  And do you have a VAT?

I personally love mining and we have had really good luck with difficulty this summer.  Depending on certain factors it can be a good time for miners.

[BlackSpidy]

I'm in the US at the moment, I dont think we have VAT, or an equivalent. I dont know about my home, but the state I'm in averages at $0.17 kWh, residential rates. I was running numbers the other day, and I was thinking of running a solar-powered bitcoin rig, taking advantage of the fact that I'd be getting more intense sunlight there than where I'm currently at. I also happen to have the landlord's permission to rig solar panels up permanently. He's a very good friend of mine.

I was thinking of a combined investment of about $3500 in the near future (shortly after I move there), so it would pay itself in two or three years.

[ikydesu]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

If i have 1k$, i will use for trading(make exchanges). Mining bitcoin is so hard now because the diff increase and don't forget to pay electric bills, but if your electric bills is cheap, why not to try mining bitcoin.


~iki

[muhrohmat]

well i dont know your degree of need tof technology you can also invest in technology and knolage of mining but the easy way to profit its to do bussiness into trades and work into the markets and do not expose all the 1K into a big deal do small investmens of 10$ 0.05 btc max to see the reactions. if you wish you can even try buy a small btc miner with 70W to see theporfit and expences of mining and the 3 to 6 month roi but like i sais in my opinion do not go for the all 1K buy of somtheing do ssmall parts and safe for like 1 year

[LiteCoinGuy]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

dont mine. learn more about BTC

https://www.youtube.com/watch?v=O0oDDIy0P2s

[keyscore44]

wouldn't bother mining now dude unless you want to do it as an expensive hobby or have enough $$$ to buy a shitload of mining hardware (and access to cheap or free electricity). maybe consider mining some alt currencies though bare in mind most of them end being worthless. personally I'd just buy btc and then maybe invest ~1 btc in alts

[lazi]

Ela re, ola kala?

You should invest in CLOAK...best profit in future!

Check the Greek Thread of Cloak:

https://bitcointalk.org/index.php?topic=998838.0

[hendra147]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

What your basic skill,,?
Know your self before you do it

Mining is very hard to get profit with bitcoin price, diff and electric cost
and trading is not easy too you can double your money or lose and not get anything

[LiteCoinGuy]

Ela re, ola kala?

You should invest in CLOAK...best profit in future!

Check the Greek Thread of Cloak:

https://bitcointalk.org/index.php?topic=998838.0

no. just stay with bitcoin and learn more about it. after that you can take a look at Litecoin  

[lazi]

Ela re, ola kala?

You should invest in CLOAK...best profit in future!

Check the Greek Thread of Cloak:

https://bitcointalk.org/index.php?topic=998838.0

no. just stay with bitcoin and learn more about it. after that you can take a look at Litecoin  

When you investing 1k$ in BTC you get 4 BTC....
4 BTC is nothing!
To make nice profits you have to invest in altcoins which have potential in the future...
The best chance is CLOAK. Check the Thread!

[Skeksis]

Take that 1000 dollars and just buy bitcoins with it. You'll almost certainly lose your money or half of it on mining so it'll likely be a waste.

[Amph]

with 1k you can only buy 3 tera, which produce 0.036 per day, then you need to wait 120 day minimum for roi, it this worth it for you?

and i removed any maintnace fee or electricity cost  from that simple math, also i assumed no change in the diff, idyllic scenario...

the only thing you can do if 120 ays are too much, is selling your miners after 60 days, you should come out with a profit around 30% of your investment

[rayhan]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

I highly recommend NOT using your money for buying hardware and begin mining, instead, I'd suggest something like cloud mining.
Try researching cloud mining a little and explore that avenue.

[btc-facebook]

I would like to know if its worths nowdays bitcoin mining....

I can invest right now 1k$ .

Do you recommend me to buy hardware or to make exchanges and take advantage from the sell/buy of BTC?

Thank you in advance!

If your current country electrecity's cost is cheap, you can try invest it on hardware.
But for me, it will easier to buy some bitcoin and altcoin directly into exchange and you can start trading now rather than buying hardware

[Sugarape]

You'd be better off cloudmining but I wouldn't even recommend that. Just buy coins with your money. You could try trade them but personally I would just hold them as an investment.