Buy asic or invest in coins?

[stefffe]

Lets say I got $4400 and I want to invest them in something for a decent ROI. What shall I do? I did order a kncminer but I havent paid for it yet.


I have been gpu mining for 6 months with some profit but now its just not worth it.

[favdesu]

I'd just buy coins. that's all.

[dplusf]

Hello Hello, first post of me.

i would share the risk.
I go that route, buying 50% of my money coins and the other 50% i'll invest in a miner.

So you go with the speculation in rising prices and supporting the network.

see ya

[mufa23]

As of right now? Invest in coins. A lot of the hardware is on backorder, and you aren't going to get them now if you ordered today. When you do get them, the difficulty will be way up. Wait until all the preorders and backorders are filled. BFL will be dropping their prices as more competitors show up. I think we'll see a ~50% price cut in most hardware sometime around October.

tl;dr Invest in coins now. Invest in hardware later.

[stefffe]

Yes as in RIGHT now

Thanks guys, I made up my mind... in about 1 hour I will have all my ~$4400 in coins!

[tinus42]

You can see here what the ROI is for the various ASIC mining devices:

http://mining.thegenesisblock.com/

Select a machine under Market & Hardware Parameters

Then on the left you will see the expected payouts.

It's not looking good except for the fastest miners (400 GH/s+).

And those are all on pre-order. You can't tell when you can start mining. The longer it takes, the less you will make. You may not even break-even.