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Author Topic: I'm really confused! Need help in in choosing between VGA or BFL  (Read 470 times)
Hesham_3del
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August 19, 2013, 02:40:58 AM
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Hi,

It's really simple but confusing.

I want to start in bitcoin mining NOT as a hobby, but as a serious issue where I can have profit from.

Shall I begin with 2 or 4 Ati HD 7970 cards crossfired or shall I get the 5 GH/s Bitcoin Miner from BFL.

and I have two more questions please,

1) Why ATi is preferable on Nvidia ?!

2) Am I too late to enter the Bitcoin world ?! I entered it before as a hobby no more, but now I'm serious

Forget electricity, assume there is no fees to pay for electricity, a.k.a free electricity.

Thank you

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Mooshire
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August 19, 2013, 02:46:53 AM
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Don't order from BFL. Don't even consider it. And at this point in the game, GPU mining is pointless, unless you're going to mine Litecoins or something, but that's a whole other topic.

Hesham_3del
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August 19, 2013, 03:05:04 AM
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Don't order from BFL. Don't even consider it. And at this point in the game, GPU mining is pointless, unless you're going to mine Litecoins or something, but that's a whole other topic.


Why GPU mining is pointless now ?

And why not order from BFL ?

And if I want to enter the game, what shall I do then ?

Thanks
millsdmb
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August 19, 2013, 03:08:14 AM
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I think the jally will make less than $30 by the time you get it, I think there are links around here where you can get a blade from Friedcat for 10.24BTC but you need power and cooling.

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Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
Chronikka
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August 19, 2013, 03:09:29 AM
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If you want to gpu mine go to litecoin or another alt coin. BFL will not deliver your product for probably 6 months at best (1 year is more likely) and is arguably a fraudulent company. If you want to invest in an asic look into buying shares of a larger mining rig with KNC. Or buy from ASICMiner instead.

"The true sign of intelligence is not knowledge but imagination"  -Albert Einstein
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August 19, 2013, 03:25:23 AM
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Difficulty is too high.  You will never get your money back mining bitcoin with 7970 GPU's or a jalapeno.  Even with the current low price of USB block erupters and blades you will barely break even. Just buy and hold bitcoin or possibly a bitcoin mining stock like labcoin or consider participating in a group buy, i.e.

https://bitcointalk.org/index.php?topic=268280.100
odolvlobo
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August 19, 2013, 09:23:39 AM
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It's really simple but confusing.
I want to start in bitcoin mining NOT as a hobby, but as a serious issue where I can have profit from.

Yes. You are confused. In order to make a profit mining bitcoins, you have to understand how mining works. If you don't understand, you will lose money. So, if you want to make a profit, you must first learn how mining works, including the economics of mining.

For example, you probably don't realize that a 7970 mines less than $20 a month right now, and in 6 months it will be mining less than $1 per month. Even if the electricity is free, a 7970 will never pay for itself.

http://mining.thegenesisblock.com/

This site is an excellent tool for choosing mining equipment.  It will help you determine how much profit the different kinds of mining equipment will make.

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Kashim
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August 19, 2013, 09:26:24 AM
 #8

never ever BFL

when you gonna order at this moment by BFL you will get ur device april 2014....
NWO
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August 19, 2013, 09:29:18 AM
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DON'T ORDER BFL, SCAM!
Girzzzz
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August 19, 2013, 10:54:14 AM
 #10

DON'T BUY FROM BFL. Unless you want to wait for a year and never see roi.
It would be better to buy GPU and mine litecoin or other altcoins.
NO MORE BFL. When will you learn people?
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