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Question: I do have 3M ready to invest in the right scenario, but what is it?
Mining BTC - 17 (9.3%)
Mining Other Cryptos - 17 (9.3%)
Buying Bitcoin and Wait it Out - 106 (58.2%)
Launch a Crypto ATM network - 31 (17%)
Ripple?? - 11 (6%)
Total Voters: 182

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Author Topic: I have 3 Million USD to invest into Crypto Currency - How should I do it?  (Read 19812 times)
Somekindabitcoin
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May 20, 2014, 07:18:53 PM
 #61

They are not full mining machines! They are just the hashing boards! It's like the ASICminer production in China. Buying in Bulk too from Spondoolies, i'm sure as hell they'd lower shipping for such a big order.
jimmothy
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May 20, 2014, 07:28:34 PM
 #62

Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.
scryptasicminer
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May 21, 2014, 12:45:03 PM
 #63

Scrypt mining still provide ROI.

But I won't invest all money in just mining.
ChuckBuck
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May 21, 2014, 01:03:00 PM
 #64

Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.

You work for them or something?  NO one cares about Hashratio.

CharityAuction
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ColdScam
BitcoinTraders
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May 21, 2014, 05:03:47 PM
 #65

Scrypt mining still provide ROI.

But I won't invest all money in just mining.
Yes it's providing ROI at the moment but when the large companies start to send out their big scrypt miners it won't worth to mine...
it's only my opinion!
wenben
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May 21, 2014, 06:44:38 PM
 #66

If difficulty shoot up, will the price follow?
ChuckBuck
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May 21, 2014, 07:09:18 PM
 #67

If difficulty shoot up, will the price follow?

God, I hope so.  It's the only hope for fiat ROI for miners, forget about BTC ROI (unless you have free electric or multi million dollar farm).

CharityAuction
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ColdScam
jimmothy
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May 21, 2014, 08:56:27 PM
 #68

Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.

You work for them or something?  NO one cares about Hashratio.

I'm almost positive you're the only one in this forum who doesn't care about them.

Nobody is going to force you to get a good deal. The free market will simply force out all the overpriced miners.
ChuckBuck
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May 21, 2014, 09:20:41 PM
 #69

Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.

You work for them or something?  NO one cares about Hashratio.

I'm almost positive you're the only one in this forum who doesn't care about them.

Nobody is going to force you to get a good deal. The free market will simply force out all the overpriced miners.

I've never even heard about Hashratio until you brought them up.

Enlighten me how one can obtain one of these $1/Gh magic money printing machines so I can be in the in crowd.

And if I need to know Chinese to speak to someone, I'll just pass.

CharityAuction
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jimmothy
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May 21, 2014, 09:28:57 PM
 #70

I've never even heard about Hashratio until you brought them up.

Enlighten me how one can obtain one of these $1/Gh magic money printing machines so I can be in the in crowd.

And if I need to know Chinese to speak to someone, I'll just pass.

You will need to buy 200+ to get them at $1/gh.

And here's some new technology that allows anyone to speak chinese: https://translate.google.com/
ChuckBuck
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May 21, 2014, 11:23:16 PM
 #71

I've never even heard about Hashratio until you brought them up.

Enlighten me how one can obtain one of these $1/Gh magic money printing machines so I can be in the in crowd.

And if I need to know Chinese to speak to someone, I'll just pass.

You will need to buy 200+ to get them at $1/gh.

And here's some new technology that allows anyone to speak chinese: https://translate.google.com/

Sorry, I'm small potatoes compared to you Jimmothy.  How can the poor miners get a quantity 1 through 10 of a comparable miner?

Guessing I'll pass on Hashratio for now.  How big is your farm, if you don't mind me asking?  200 TH/s?

CharityAuction
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Somekindabitcoin
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May 24, 2014, 08:52:57 AM
 #72

The SP 30 at the regular price is now 5,350 dollars and that's for a 5400 GH machine (thereby reaching the mystical $1 per GH) which can actually reach up to a speed of almost 7000 GH. It basically spits out money, but I hope I make a return on my 20 TH farm in which I paid 16,000 plus 290 per machine per month to run. It's a definite ROI.
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May 24, 2014, 08:56:02 AM
 #73

It's a definite ROI.

Says anyone who ever preordered a miner..
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May 24, 2014, 12:41:50 PM
 #74

In a word: Don't.

Seriously there are much better ways to invest that cash. If you absolutely don't care what happens to that money and are free to piss it away, then sure, burn it any way you want.

LTC- LKdDXfJbCqMHpqTZwhaMKRE51eA7PPsCYy
Somekindabitcoin
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May 24, 2014, 07:55:24 PM
 #75

I've bought a couple preorders and I did ROI. How about that? I'm adding another 20 TH plus 30 TH. I'm pretty damned sure i'm going to ROI.
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May 27, 2014, 03:20:36 AM
 #76

buy solarcoins then retire
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May 27, 2014, 02:20:06 PM
 #77

Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.

Seems like a good deal but is it legit?
devphp
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May 28, 2014, 01:35:06 PM
 #78

Seriously there are much better ways to invest that cash.

What, like booze and hookers for life? Can't agree more Smiley
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May 28, 2014, 01:38:00 PM
 #79

No option for spend half on mining half on crypto.. Tongue

Spend half at bitmaintech.com

Then with what is left, 70% on BTC, split the rest between PPC, LTC,DOGE,NXT.
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May 30, 2014, 06:38:51 PM
 #80

May 8 2014 you created the thread, one BTC was 447$
Today it is 609$

Theoretically, if you had bought 3m$ worth of BTC on May 8 you would have made a paper profit of a cool 1,000,000$

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