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Author Topic: Mining Equipment Recomendations  (Read 772 times)
ianspain (OP)
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March 29, 2013, 10:13:42 PM
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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

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Jutarul
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March 29, 2013, 10:41:36 PM
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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.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
ianspain (OP)
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March 29, 2013, 11:21:36 PM
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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thanks, I was looking into asic but not much around, I don't want to buy something that it going to be out of date the day of tomorrow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

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