Best way to mine?

[largeleon]

I agree with the Above.  LTC has been more more profitable at a lower entry cost.  I have two graphics cards churing in two pc's when i'm not gaming.
i started in the summer and built up a nice chuck that i converted into BTC to do a couple of group buys.
i'm still mining LTC now, with a jalepeno and some erupters mining some BTC as well.

i had issues with finding a good usb hub for the erupters.  i purchased a 12 port, but i could only get 5 to run at a time.  my fault for not researching better.

[closesat315am]

these were a good price for hobbyist mining if you can wait for them to come in. http://buyahash.com/?product=red-fury-bitcoin-miner-2-5-ghs

red fury for $100 on pre-order supposed to come in mid december.

anyone had a good or bad experience with them?

i bought a few several days ago and i don't remember seeing the "Available on backorder" note.

[raskolnikovx]

Its a bit late for mining btc. Try LTC instead.

´

In fact it is late for LTC mining as well, unless you have very cheap electricity + you have GPU already...

You can start mining LTC with a 2 Sapphire Radeon R9 280x Oc 3gb rig and get your money back in 2 months (at this LTC rates)
A rig like this would give you around 1.1 ltc a day.

[Burnsy13]

You know...

[Burnsy13]

If all these answers to this thread were true, then why don't you all just shut down all your equipment and toss it in the trash?     Please explain why it's too late to start mining.     How long would it take if someone started today with a decent rig to make 1 BTC?  That would almost pay for all the initial outlay for the equipment.

[PenAndPaper]

In my opinion, cloud mining is the way to go. This is because on most cloud mining sites, you can quickly sell your GHS after you do not want to mine anymore, and make most and possibly even more of your money back.

You can apply the greater fool theory to physical miners as well. Can you share with us a cloud hashing that you can actually profit from?

[mrdl2010]

If all these answers to this thread were true, then why don't you all just shut down all your equipment and toss it in the trash?     Please explain why it's too late to start mining.     How long would it take if someone started today with a decent rig to make 1 BTC?  That would almost pay for all the initial outlay for the equipment.

Such an attitude ...

[PenAndPaper]

If all these answers to this thread were true, then why don't you all just shut down all your equipment and toss it in the trash?    

I think you mean to ask why people keep buying overpriced equipment
Well i guess because not everyone is familiar with the concept of difficulty, how it scales and how that affects returns from mining.