Starting up

[BraveMushi]

I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you

[1715070106]

1715070106

[1715070106]

1715070106

[1715070106]

1715070106

[Altcoinblog.net]

You should do some reading at the mining subforum.
And carefully way the risks, mining BTC is a marginally profitable business at the moment.

Have you considered mining scrypt coins ?

[BraveMushi]

I was thinking of farming litecoins but not sure how to set that up.

[pontiacg5]

Continue to sit around and "think," maybe at some point you'll learn to man up and go figure out how to set it up on your own.

"Hey guys! I think I want to make money. Anyone know how to do that?"

Ridiculous.

[mindfulmojo]

I am looking to start up a bitcoin mining business. I have the money but I need a list of all the right things to buy. I was thinking of buying the butterfly monarch and then upgrade to the xtreme miners 7.5th" lion". Tell me what you think. Thank you

I would say do a shit ton of research before asking for help.

Start with what people think of butterfly labs...

[BraveMushi]

But I'm not entirely sure what I should be researching

[mindfulmojo]

I just told you what to start with... butterfly labs.

I wouldn't touch them with a ten foot pole.

Read this section:

https://bitcointalk.org/index.php?board=14.0

Don't buy any equipment from a supplier that only takes bitcoins, 95% of the suppliers are scammers.

[pontiacg5]

But I'm not entirely sure what I should be researching

Really?

I guess you should research how to research, then. I'll give you a hint, going onto a forum and asking everyone to do the work for you is not a viable business plan. In fact, it's about the most retarded thing I think you could possibly do.

You want to just give me about $5,000 and I'll send you some bitcoins I mined? No? That's no different than you coming on here asking random people with no background info how to invest your money.