 |
December 05, 2013, 04:59:12 PM |
|
Mining and ordering ASICs is the riskiest part of entering the bitcoin space. I heavily suggest grabbing the currency and holding it, that's speculative enough assuming your a Newbie (at the moment). Maybe you aren't and you've just recently decided to create an account at btctalk (in which case no offence was intended).
Anyhow, considering the twofold risk in mining: 1 - You're machine doesn't get delivered in time and the network difficulty spikes, 2 - You're machine doesn't get delivered at all >> it may be shrewd to consider only the most respectable and trustworthy companies with the best track records of timely delivery.
So far those are far and few in between.
Basically you want to choose your mining company on the same basis that you choose bonds (if you were an investor). Avoid attempting speculative genius until you're sure you've attained expertise sufficient to cover the risks of your decisions. Reputation and history of delivery is of utmost necessity.
Look up Labcoin. I lost money on that, I don't want you to make the same mistake, learn from mine. Simply stated - don't buy from the company you've posted about.
All the best with mining.
|
