I have a MAXIMUM budget of 12 BTC to invest in Bitcoin mining, need some advice

[mzahor]

you don't have to buy

[Omikifuse]

Hello!  As I've stated in the title, I have $10,000 to spend on Bitcoin mining.  I'm however am having trouble finding the best buy.  If any of you can tell me what the best miner is for 12 BTC with the most reliability, highest hashrate, lowest power consumption, best reputation, fastest time from order to shipment, etc.

Thanks!
-Suo

The 12 BTC ganna get you much more profit then mining... check difficulty..

[U1TRA_L0RD]

You can Pre-Order a CoinTerra 2 TH/s Miner or a KNC Neptune 3 TH/s miner. They will make you good profit.

[vpasic]

You can Pre-Order a CoinTerra 2 TH/s Miner or a KNC Neptune 3 TH/s miner. They will make you good profit.

no they won't!
cointerra is already late and by the time you receive it diff will be so high that it won't even ROI.
same thing for Neptune. If you pay it right now you'll be at the end of batch 2 for delivery. black arrow will hit the network hardly (end of February) together with first batch of Neptune and also cointerra when they start with delivery. by the time you receive Neptune purchased today diff will be so high it will not earn you anything. 

[CounterStrike]

Hello!  As I've stated in the title, I have $10,000 to spend on Bitcoin mining.  I'm however am having trouble finding the best buy.  If any of you can tell me what the best miner is for 12 BTC with the most reliability, highest hashrate, lowest power consumption, best reputation, fastest time from order to shipment, etc.

Thanks!
-Suo

Buy litecoin instead... its really cheap now...

[crocko]

Thing is, I have to pay back this $10,000 in 6 to 9 months, so buying and holding might not prove to be the best option for me.

Did you borrowed the money ??
This is the reason for you don't want to buy BTC and wait for the price to raise?

[xephyr]

Hello!  As I've stated in the title, I have $10,000 to spend on Bitcoin mining.  I'm however am having trouble finding the best buy.  If any of you can tell me what the best miner is for 12 BTC with the most reliability, highest hashrate, lowest power consumption, best reputation, fastest time from order to shipment, etc.

Thanks!
-Suo

Buy litecoin instead... its really cheap now...

+1. Expect litecoin to make new highs later this year when Coinbase adds litecoin.

[S4VV4S]

Actually for 12BTC you can get 5 Antminers - 5x180GH normal = 900GH

EDIT: Sorry forgot to mention that you can overclock them to achieve 200GH per unit but that will void your warranty.
More info here: https://bitcointalk.org/index.php?topic=344970.0

Antminers are on sale now for only 2.2BTC, I bought one yesterday and received a tracking number today.
Delivered by Thursday in Eu.

They are currently sold out but they will have a few more before the Chinese New Year from what I have heard.

Try this:

https://bitcointalk.org/index.php?topic=417159.msg4588475#msg4588475

GenTarkin states that they should have more by tomorrow for shipping by Tuesday
I am sure he knows more

[bitmonster1070]

I am sure there are plenty of options for you in regards to buying miners but none will be worth more in the end  than the coin you hold right now.  With all this unpredictable hash power coming online,it could make your new found miner a nice conversation piece quick and you would be in debt. Buy coin and when they triple in value,then buy a miner if you feel lucky. Coin is king.

[U1TRA_L0RD]

Get a KNC Neptune 1st batch pre order off someone else.

[Bismarckbkk]

Dont buy miners ( or bitcoin ) or anything else speculative with borrowed money. That would be my advice.

[An amorous cow-herder]

Dont buy miners ( or bitcoin ) or anything else speculative with borrowed money. That would be my advice.

+1
Dont speculate with anything you cant afford to loose.
Delivery delays, increased difficulty, price drops for BTC ... far to many possibilities of not making your money back.

[bit.alex]

Get a KNC Neptune 1st batch pre order off someone else.

I agree. Check my signature