realestone (OP)
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Activity: 938
Merit: 1000
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July 17, 2013, 08:01:52 PM |
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new to mining i have some btc but not mined of my own i want to get more into btc mining i mine ltc now with 3x 5850s i was trying to see what the best way to get into btc mining would be i understand gpu mining for btc is pretty much dead would you guys recommend usb block erupters? or maybe order a bfl and wait? thanks for any suggestions
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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crazyates
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Activity: 952
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July 17, 2013, 08:18:44 PM |
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At this point, KNC or BitFury look like the best bets. They're cheaper, and use less power. BFL still isn't bad at all, tho, and I might order from them again.
I would stay away from the USB Block Erupters unless you can find them for cheap. They are way too overpriced for what you're getting.
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realestone (OP)
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Activity: 938
Merit: 1000
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July 17, 2013, 08:26:55 PM |
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At this point, KNC or BitFury look like the best bets. They're cheaper, and use less power. BFL still isn't bad at all, tho, and I might order from them again.
I would stay away from the USB Block Erupters unless you can find them for cheap. They are way too overpriced for what you're getting.
when you say knc you're refering to one of these units correct? https://www.kncminer.com/products/mercury |
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Trongersoll
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July 17, 2013, 08:50:51 PM |
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Just to be clear, "profitable" is open to interpretation and you may never see a ROI equal to your original cost. But, then again, you may. Flip a coin.  |
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kuusj98
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July 17, 2013, 08:51:44 PM |
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It depends on what price you get em  I got one for 0.89BTC, other words for a freaking cheap price. They may take a year to earn thereself back but as BTC value probably rises, I think it'll earn the investment back with a fat profit. I also have 850Mh/s power to help boost the ROI, or actually, have the device paid back in about 22 days |
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kuusj98
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July 17, 2013, 08:53:17 PM |
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At this point, KNC or BitFury look like the best bets. They're cheaper, and use less power. BFL still isn't bad at all, tho, and I might order from them again.
I would stay away from the USB Block Erupters unless you can find them for cheap. They are way too overpriced for what you're getting.
My friend, you are not entirely right, the Block Erupters are available NOW, not in a month, that helps alot.. Also, if you search properly, they go for as cheap as .89 BTC. |
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realestone (OP)
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Activity: 938
Merit: 1000
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July 17, 2013, 08:53:39 PM |
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It depends on what price you get em I got one for 0.89BTC, other words for a freaking cheap price. They may take a year to earn thereself back but as BTC value probably rises, I think it'll earn the investment back with a fat profit. I also have 850Mh/s power to help boost the ROI, or actually, have the device paid back in about 22 days yea i was looking i dunno if i got like 10 eruptors cheap i think i could turn a profit guess its a gamble either way |
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atariguy
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July 17, 2013, 09:51:54 PM |
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I bought mine for about USD $70 each during the dip a couple weeks ago.  |
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realestone (OP)
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Activity: 938
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July 17, 2013, 11:37:38 PM |
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I bought mine for about USD $70 each during the dip a couple weeks ago. lol lucky you how many were you able to get? i want to get about 10 i guess if they dont work out i will just resell them not ready to invest more then 1200 or so yet |
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bitterdog
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July 18, 2013, 05:41:46 AM |
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At this point, KNC or BitFury look like the best bets. They're cheaper, and use less power. BFL still isn't bad at all, tho, and I might order from them again.
I would stay away from the USB Block Erupters unless you can find them for cheap. They are way too overpriced for what you're getting.
Cool Vaporware is profitable!! |
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ujka
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July 18, 2013, 07:26:44 AM |
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USB miner bought for 0.89BTC will never mine that back.
And what's behind the reasoning 'if BTC value rises'? You still won't have the same amount of BTC you paid for.
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BTCscraper
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July 18, 2013, 07:46:58 AM |
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realestone: I suggest you mine scrypt-type coins instead. See coinchoose.com for a list of options, then just google for a pool.
But I'd have chosen 5850's too if I had started mining earlier. They're still the fastest GPUs to pay for themselves.
As for BFL jalapenos, orders from oct 27 2012 just shipped out yesterday, and their COO just promises full shipout of all orders up to July 6 by end of Sept. Earliest you might receive a jalapeno ordered to day might be October, or you might need to wait until next year for it. At this time, the only products I would consider (but maybe not yet order) are KnC's.
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Butterfly Labs has a different interpretation of the FTC Mail Order Rule. You do not have a refund option with the BFL Monarch no matter how late they ship.
"... In the middle of difficulty lies opportunity." -- Albert Einstein
"Luck is a dividend of sweat. The more you sweat, the luckier you get." -- Ray Kroc
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polarhei
Sr. Member
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Activity: 462
Merit: 250
Firing it up
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July 18, 2013, 10:11:53 AM |
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Well, if you ask about this one. Normally one cannot do anything, you need at least two to do.
There are many options, but not stable. Your bet is, obtain bars, use pyramining to power yourself up.
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