Mining Equipment Recomendations

[ianspain]

Hi Guys,

I've been in bitcoions for over a year and a half and I'd like to get into mining.

What recomendations for equipment can you give me?

I'd be interested in mining Bitcoins and Litecoins.

thanks

ian

[Jutarul]

What recomendations for equipment can you give me?

Short term anything will do which has a positive profit margin. (e.g. GPUs) - the key metric is the compute the "cost" of generating a bitcoin (including hardware costs) and comparing it to the market price.

Longterm you should consider acquiring one of the ASIC mining devices. They are much more power efficient. However, expect the specs to go through huge changes throughout the next 2 years.

[ianspain]

What recomendations for equipment can you give me?

Short term anything will do which has a positive profit margin. (e.g. GPUs) - the key metric is the compute the "cost" of generating a bitcoin (including hardware costs) and comparing it to the market price.

Longterm you should consider acquiring one of the ASIC mining devices. They are much more power efficient. However, expect the specs to go through huge changes throughout the next 2 years.

thanks, I was looking into asic but not much around, I don't want to buy something that it going to be out of date the day of tomorrow
thanks
ian