mining dilemma

yochdog (OP)

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mining dilemma

July 27, 2011, 06:31:59 PM

As I scale up my mining operations, I am running into a dilemma. Spend more money to buy faster mining cards, or save cash and get slower cards.

I really believe there is an "early adopter" premium involved in bitcoin, and given the difficulty increases that seems to be a fact. If I can cram more MH/s into the early going, I will ostensibly earn more bitcoins before the difficulty increases. However, I spend more to get the higher hash rates.

Does anyone have a good breakdown on this? Does it always make sense to buy the cheapest MH/$, or do the difficulty increases skew the analysis?

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gooie

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Re: mining dilemma

July 27, 2011, 09:31:29 PM

i would buy more expensive cards since they will most likely be sell-able if shit hits the fan, but that's just my opinion, i bought 2*5970 cards. so if everything goes to hell, i just sell one and then i have an awesome gaming rig ;P