[Expert's Voice] Which equipment would you start with?

[Bitcoinstein]

Considering the fact the new equipment is coming to the market very often, how would you diversify an investment of 50,000 USD?
Would you go all for gpu rigs or would you combine some with Asics?

Thinking about the fact that you never buy all at once, and keeping the available margin for the next potential releases.

- Q: How would you use your first 10,000 dollars?

[1715089769]

1715089769

[Metroid]

- Q: How would you use your first 10,000 dollars?

Mining is worthless, buying and selling coins is thousands of times more profitable but if you want for hobby then the first 10k would be to upgrade the place for the other 40k equipment and then i would buy only asics, no gpus at all.

[Marvell2]

- Q: How would you use your first 10,000 dollars?

Mining is worthless, buying and selling coins is thousands of times more profitable but if you want for hobby then the first 10k would be to upgrade the place for the other 40k equipment and then i would buy only asics, no gpus at all.

what asics are good right now? none that I see since you are at the mercy of the manufacturer who can flood
the hashrate with cheap door buster sales.  Best thing to do is wait for vega. 20 and the 11xx nivida cards if you
 have to go into mining.  50k is peanuts these days back in 2013 50k could build you a nice 30k sol nvidia farm or 5ghs eth farm with 200 amd rigs.  Now. 50k gets you shit.

[Metroid]

what asics are good right now?

He will have to research which one is good, i already said mining is worthless but i would bet my money in asics, gpu mining is almost dead, even if nvidia new gpus give 70 mhs on eth, asics will be xx times faster than that cause they know the loophole. It's game over for gpu mining because as bitmain and other asic companies have so much money, they can create asics for any given algo after few weeks, any money invested in gpu mining will not pay off unless asic companies let gpu mining be profitable again which i doubt.