2000$ to invest, right now?

[rglinvest]

Hi! I have opportunity to buy Bitcoin miner Butterfly Labs SC 60GH for about 2000$, do you guys think this is good investment right now?
It's better to mine before march 2014 or wait til new stuff will be available to buy? OR just buy BTC? I am little fresh for this topic but digging knowledge right now?
What is your opinion?

[lex1977]

1

[Divinespark]

I have heard buying rather than mining is the way to go
But lots more knledgeable people on dis forum who can help

[ss7]

Any current mining gear really isn't a good investment.

A 60GH miner might, possibly, be able to generate you somewhere in the region of 0.05BTCs per day, but that is only at the current mining difficulty level.  However the difficulty level is rising at a rapid rate - it's generally over 20% more difficult to mine every two weeks, and of course this rise is exponential.

The raw maths says that even without an increase in difficulty it would take over two months for you to earn your money back at the current exchange rate.  Factor in the difficulty rising and that gets pushed out much longer.  Plus when the next generation of ASIC miners come along the difficulty rate will likely take a big step up.

Unless you're getting a guaranteed instant delivery of this 60GH miner you will struggle to break even, let alone earn a profit.

[dg2010]

Buying mining hardware is a fools game, sorry. The only guys who made real money on asics got in on day 1 and mined before the rest of the mugs were able to turn their units on. The rest that made money, only made it because they mined and stashed their coins whilst waiting for the uptick in price. In which case you are better off investing $2k directly into Bitcoin.

Some people who don't pay for their power might say otherwise, and yes if you have zero power charge mining may be profitable in the long term if it can sit there for 12+ months and not cost a penny to run but that is not the norm. Most people have to pay for their power.

[nette]

Maybe you shuold inves that cash into dogecoin. Check the last stats. It has best growth in the last days. Since today it's on the vicurex

[GB2000]

I would get it ready in a payment method from which an exchanger could change you the money instantly and wait for another crash.

[Jmattes]

I agree with the guys above that you have a better chance to make money in an investment then in a Bitcoin Miner..

Even mining LTC is starting to be a bad investment unless you want a gaming rig in a month or so..

Good Luck!

[Leahcim]

Hi,

check out -> http://minr.info
You will notice, that butterfly labs has the worst money/GH ration in the list.

Bye
Michael

[Kasandra]

I would invest in NXT instead of buying asics.

[icem3lter]

Hi! I have opportunity to buy Bitcoin miner Butterfly Labs SC 60GH for about 2000$, do you guys think this is good investment right now?

It is very high price. Butterfly Labs offered this SC 60GH for preorder for about this price one year ago when difficulty was 500x lower. You had to receive this months ago to profit a bit

[wachtwoord]

Just buy Bitcoins directly.

[iPaulito]

Hi! I have opportunity to buy Bitcoin miner Butterfly Labs SC 60GH for about 2000$, do you guys think this is good investment right now?
It's better to mine before march 2014 or wait til new stuff will be available to buy? OR just buy BTC? I am little fresh for this topic but digging knowledge right now?
What is your opinion?

Do not go with buterffly labs, use search function to find out more. If you want to mine, go for scrypt altcoins and mine the most profitable ones selling them right away for BTC http://www.coinwarz.com/cryptocurrency. Or the best solution is to buy either BTC, or LTC - this should be the safest bet or slightly more safe putting it into NMC, XPM, PPC or curecoin

[server]

Just buy Bitcoins directly.

+1

[infinitybo]

It's prolly better to wait intill a brand new stuff be available then buy it, Rglinvest.

[maurya78]

Buy the bitcoins, forget about mining

[lekoles]

Hello guys I am a newbie with this mining hardware.

I understand well and i have done some research about the actual mining. So the difficulity rate goes up.
Now I am looking to buy the new terraminer IV with its 2000 GH/s. I am thinking of buying 2 at once
that will be somewhere around 10k. Will it take long to get ur ROI? Can someone help me out because I
searched alot and made some calculations and with the current bitcoinrate I should be able to get my investment
back in somewhere around a month or maybe 2. Somebody have some decent advise for me?

I thank everybody sincerly for helping me out!

[ooTiGeRoo]

Use this calculator to see if it's worth it.

http://mining.thegenesisblock.com

Also take into account how long it'll take to get to you and setting it up to mine.

I dumped $7k into building my rigs. I would've made more if I just bought $7k worth of coins. Plus my electricity bills are $3k per quarter. So yeah, I'd buy coins instead.

Hope that helps. =)

[honky1492]

Hello guys I am a newbie with this mining hardware.

I understand well and i have done some research about the actual mining. So the difficulity rate goes up.
Now I am looking to buy the new terraminer IV with its 2000 GH/s. I am thinking of buying 2 at once
that will be somewhere around 10k. Will it take long to get ur ROI? Can someone help me out because I
searched alot and made some calculations and with the current bitcoinrate I should be able to get my investment
back in somewhere around a month or maybe 2. Somebody have some decent advise for me?

I thank everybody sincerly for helping me out!

1st It is preorder
2nd Mining difficulty increases over time

Do you factor both these things in your calculation ?

[BigShot]

If I were you, I wouldn't mind bitcoin. I'd mine either dogecoin or worldcoin. Both of those are new and seem decently promising for price increase in the future.