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Sweeet (OP)
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December 30, 2015, 10:56:03 PM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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rockyforever
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December 30, 2015, 11:45:38 PM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
amazon you will overpay for a miner. can you withdraw the 1000$? you can buy the S7 currently for around 1000$ without shipping added. |
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Stoneboy
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December 31, 2015, 12:27:41 AM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
amazon you will overpay for a miner. can you withdraw the 1000$? you can buy the S7 currently for around 1000$ without shipping added. indeed your right better buy from the source in China f.e. by Bitmain your S7 Miner. |
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Wusolini
Legendary
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Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
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December 31, 2015, 02:20:43 AM |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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December 31, 2015, 02:45:32 AM |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
Hasnest is not bad if looking for a cloud option, it's the most popular there is if you do want cloud. I would agree pacmic on current is kinda a low return. I still do a lot with physical mines though. I really like having it and tinkering. That is part of what makes me love mining. |
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Sweeet (OP)
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December 31, 2015, 03:45:12 AM |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
I really don't trust those cloud mining websites, if I no longer want them can I sell them for bitcoins possibly? |
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Sweeet (OP)
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December 31, 2015, 03:45:56 AM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
amazon you will overpay for a miner. can you withdraw the 1000$? you can buy the S7 currently for around 1000$ without shipping added. I can do that, but is it worth buying the S7? |
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Tmdz
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December 31, 2015, 05:11:39 AM |
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Hashnest is legit. It's ran by bitmain which produce the Antminers and is the best option for cloud mining, Hashnest is basically like the stock market of bitcoin mining. You can buy hash of a specific miner type on the market and earn profits from that miner as long as you like. Once you want to sell your hash power you put it on the market and when a matching bid comes then you get your bitcoins. Its a good solution I use it and really like it for being able to trade just remember its a open market and prices depend on market forces.
I can't really recommend a miner being all you could afford would be 2 S5 antminers and with difficulty you would need some cheap electric to make it worth while and even then the amount you will earn is rapidly decreasing.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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December 31, 2015, 07:42:38 AM
Last edit: January 01, 2016, 07:29:50 AM by Amph |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
amazon you will overpay for a miner. can you withdraw the 1000$? you can buy the S7 currently for around 1000$ without shipping added. I can do that, but is it worth buying the S7? yeah it's the best option right now, great efficiency, less space needed, less psu needed etc...although reaching roi will be still hard |
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Dalkore
Legendary
Offline
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
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December 31, 2015, 08:05:41 AM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
amazon you will overpay for a miner. can you withdraw the 1000$? you can buy the S7 currently for around 1000$ without shipping added. I can do that, but is it worth buying the S7? yeah it's the best option right now, great efficiency, less pace needed, less psu needed etc...although reaching roi will be still hard Amph is 100% correct in his analysis, he is giving you honest and quality advice. |
Hosting: Low as $60.00 per KW - LinkTransaction List: jayson3 +5 - ColdHardMetal +3 - Nolo +2 - CoinHoarder +1 - Elxiliath +1 - tymm0 +1 - Johnniewalker +1 - Oscer +1 - Davidj411 +1 - BitCoiner2012 +1 - dstruct2k +1 - Philj +1 - camolist +1 - exahash +1 - Littleshop +1 - Severian +1 - DebitMe +1 - lepenguin +1 - StringTheory +1 - amagimetals +1 - jcoin200 +1 - serp +1 - klintay +1 - -droid- +1 - FlutterPie +1
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Wusolini
Legendary
Offline
Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
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December 31, 2015, 11:22:44 AM |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
I really don't trust those cloud mining websites, if I no longer want them can I sell them for bitcoins possibly? Yes, you can trade your hash power in market anytime. |
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Stoneboy
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December 31, 2015, 12:17:49 PM |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
I really don't trust those cloud mining websites, if I no longer want them can I sell them for bitcoins possibly? Yes, you can trade your hash power in market anytime. If you don'the trust it go to Cex.io site has a good reputation and security. |
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SmartIphone
Legendary
Offline
Activity: 1204
Merit: 1000
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December 31, 2015, 12:22:18 PM |
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I'm not very smart on mining although I started doing it in 2012 and stopped for a while but I have about $1000 on amazon so I would like to know what you people think would be the best bang for my buck on a mining rig from amazon for around $1000 I can go a lil over aswell. BTW: I won't be paying in electricity bills if that helps. Thanks in advance.
Since 2012 many things have been changed, as some here i also suggest S5+ or an S7 You can mine directly but also rent that hash power but you still will make profit good luck |
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iglasses
Legendary
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Activity: 1148
Merit: 1000
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December 31, 2015, 02:39:41 PM |
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The best BTC mining rig for $1000 is the one that you don't buy.
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I only have a signature because I'm allowed.
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Xialla
Legendary
Offline
Activity: 1036
Merit: 1000
/dev/null
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December 31, 2015, 02:49:41 PM |
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best mining rig for 1k $ is to buy BTC with it and wait:)
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Stoneboy
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December 31, 2015, 03:36:02 PM |
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The best BTC mining rig for $1000 is the one that you don't buy.
Lol ☺ |
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Kepariy
Newbie
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Activity: 29
Merit: 0
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January 02, 2016, 08:22:19 AM |
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best mining rig for 1k $ is to buy BTC with it and wait:)
This applies when the difficulty goes up very fast, say 10% every adjustment. There are too many hashing power coming. |
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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January 02, 2016, 05:26:13 PM |
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Mining rig?? U re about 3 years late for this. ATM, the only thing worth of mining s etherum and even that s about to stop once it goes PoS. So yes, if u do want to mine, go cloud with Hashnest or contact me for a better option.
I do not sell anything but I do ask for people to use my ref link in exchange for that info.
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Xialla
Legendary
Offline
Activity: 1036
Merit: 1000
/dev/null
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January 02, 2016, 10:50:21 PM |
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The best BTC mining rig for $1000 is the one that you don't buy.
Lol ☺ believe or not, this is what I learned here and it take me couple of years. You know it now. enjoy:) |
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notlist3d
Legendary
Offline
Activity: 1456
Merit: 1000
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January 03, 2016, 12:11:33 AM |
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The best BTC mining rig for $1000 is the one that you don't buy.
Lol ☺ believe or not, this is what I learned here and it take me couple of years. You know it now. enjoy:) I would agree it's getting harder and harder. But I would not say year's. I have done pretty well with decent electricity and selling gear. This generation has a big jump in difficulty multiple times. So will be interesting value of BTC in a few months. I really hope we get a few good bumps in value. |
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