Hello. All
So I am new too bit coin market and am wanting to start mining now I have $5000 to spend on a machine or the bitcoin machines. I was thinking of going 3 x 7970's and 2 CPU's on water cooling.
Now I see a lot of people saying its a waste of investment blah blah blah and the new bitcoin machines are coming out around the corner blah blah....Now with the bitcoin machines I dont wanna be waiting 6-12 months to get one. I haven't even see anyone with one yet. All Ive seen is people reselling there pre order's because its taking way to long to get them.
Now I do pay for electricity but with a machine with 7970's make a income after a few months or no?
Thank You.
Some of the first ASIC units have started to ship, and this summer more are sure to come as avalon are starting to sell their chips.
If one wanted to have a profitable miningrig asap, i would order some chips (
https://bitcointalk.org/index.php?topic=177994.160) and assemble it myself. This would take some technical knowledge, and not be ready before summer, but if you have the knowledge, this would by far be the best route to take.
I know people have been saying that gpu mining would become obsolete very long, but i think the time has finally come.
Or you could just mine litecoins instead.