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March 05, 2013, 05:04:46 AM |
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I've been looking into BFL for about a week, checking in on their site, and I see nothing but frustration in the comments, and not one "I got it and it works" type post. More like "where the F### is my order/money back?!" and the company ain't answerin'. They didn't even send my confirmation email when I registered on their site.
Avalons are too expensive for me to afford just now and not even available.... SO... I'm looking into other options for a mining rig.
I'm treating ASIC as vaporware until someone gives me a reason not to, and that leaves good ol' GPU's. Yikes. Every rig I've uncovered looks like a great big stack of thousand dollar bills. Like, Literally. Dozens of super high end graphics cards. Minimum price each: About what I'd make in a Really Good month. If I weren't in Debt. Not to mention the power bill for the juice all that hardware sucks down. I can't afford that. I need another way in.
I have the complete understanding that BTC mining is not some kind of "get rich quick" scheme, I know full well it takes money to make money, but I also have no choice but to live with the reality that you can only use what you have.
My question to this community is: If I only have about $200-500 to initially invest in bitcoin, and want to use it to its best effect, how should that investment be disposed?
If speed is just a question of money, How fast will $500 let me go? Fast enough to be worth it?
I wanted to be conservative and buy an entry level ASIC machine, the 4.5 GH/s BFL unit, ($150) but I think it may just be a cruel joke.
Should I forget about mining rigs altogether until I can afford drop a couple grand on hardware?
Is that anywhere near enough to spend on GPU based systems and get an effective return? (I doubt it)
Is there any reason to take ASIC more seriously? Does this community still have hope for that technology?
What does this community recommend?
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