Bitcoin Forum
May 08, 2024, 03:14:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: What Hardware to purchase or not?  (Read 1782 times)
JohnLight95 (OP)
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
December 24, 2014, 01:15:24 AM
 #1

Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715181299
Hero Member
*
Offline Offline

Posts: 1715181299

View Profile Personal Message (Offline)

Ignore
1715181299
Reply with quote  #2

1715181299
Report to moderator
1715181299
Hero Member
*
Offline Offline

Posts: 1715181299

View Profile Personal Message (Offline)

Ignore
1715181299
Reply with quote  #2

1715181299
Report to moderator
1715181299
Hero Member
*
Offline Offline

Posts: 1715181299

View Profile Personal Message (Offline)

Ignore
1715181299
Reply with quote  #2

1715181299
Report to moderator
Newar
Legendary
*
Offline Offline

Activity: 1358
Merit: 1001


https://gliph.me/hUF


View Profile
December 24, 2014, 12:13:28 PM
 #2


If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.

OTC rating | GPG keyid 1DC91318EE785FDE | Gliph: lightning bicycle tree music | Mycelium, a swift & secure Bitcoin client for Android | LocalBitcoins
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
December 24, 2014, 01:58:41 PM
 #3

the only non bad one is as3(antminer s3, or the new s4, i didn't check the specs for this one) for bitcoin, but even then they are not really great, roi too slow
Sakarias-Corporation
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


Call me Alice. just Alice.


View Profile WWW
December 24, 2014, 08:44:42 PM
 #4

S5. wait for S5. its freaking awesome.

NorTiaN
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
December 25, 2014, 01:55:22 AM
 #5

Just buy. Its boring but safer.
qs.lab
Full Member
***
Offline Offline

Activity: 249
Merit: 111


DAO enthusiast


View Profile WWW
December 25, 2014, 09:52:14 AM
 #6


If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.
sanks

Hac cюдa пpивeл гeний Haкoмoтo.

SmartBoard.vc плaтфopмa coздaния и yпpaвлeния Decentralized autonomous organization Дeцeнтpaлизoвaнными aвтoнoмными opгaнизaциями чepeз пpocтoй интepфeйc.
randy8777
Legendary
*
Offline Offline

Activity: 896
Merit: 1000


View Profile
December 25, 2014, 01:44:06 PM
 #7

i am thinking to buy myself an antminer s4 as it looks decent enough. should i go for it or should i wait for s5?
Bananana
Sr. Member
****
Offline Offline

Activity: 481
Merit: 250



View Profile WWW
December 25, 2014, 01:45:49 PM
 #8

Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

UK electricity charges is not competitive enough, you should just buy Bitcoin directly if you would like to invest crypto.

sumantso
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000



View Profile
December 27, 2014, 08:16:53 PM
 #9

Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

Buying Bitcoins is the way to go. TA charters are saying that prices may go down even more so its a great opportunity now.
If I were you I would also look around and look at the 2.0 cryptos too.

picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
December 27, 2014, 08:48:27 PM
 #10


If you mined before, you'll know how to use a mining calculator:

https://bitcoinwisdom.com/bitcoin/calculator


Most people would say, just buy bitcoin.

Buying is safer but mining can be fun as an hobby and profitable if you have a good price for your cloud GHS or your hardware and if the difficulty is not increasing fast.
caga
Full Member
***
Offline Offline

Activity: 238
Merit: 100

www.secondstrade.com - 190% return Binary option


View Profile
December 27, 2014, 10:38:18 PM
 #11

Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

I would recommend the S5 as well. Can't wait for it.

sellfpga
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
December 28, 2014, 04:54:19 AM
 #12

that's right, just buy bitcoin! or buy Avalon4.
picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
December 28, 2014, 10:45:28 AM
 #13

Hello,

I have a little money that was given to me through inheritance (About £7500, $11,700)  and I am thinking of investing it in Bitcoin, I am wondering whether to buy bitcoin direct or buy some hardware and mine it myself, I used to mine with GPU back in the day and then moved to altcoins and I loved it, The whole feeling of just seeing your hardware working.

But I am wondering what is best. Especially with electricy costs in the UK and such.

I would appreciate any advice?

Thanks

JohnLight95

I would recommend the S5 as well. Can't wait for it.

The S5 is a good deal that will ROI : 19708 USD for 52x1155GHS Grin
TechnoBibble
Member
**
Offline Offline

Activity: 179
Merit: 10


View Profile
December 28, 2014, 11:45:05 AM
 #14

The S5's look quite good and fun!
najzenmajsen
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
December 28, 2014, 12:17:15 PM
 #15

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc
picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
December 28, 2014, 12:37:40 PM
 #16

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.
sumantso
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000



View Profile
December 28, 2014, 02:18:26 PM
 #17

The S5's look quite good and fun!

How exactly is it 'fun'? How can a specific miner be more fun than another?

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.

Unless the OP is moving out of UK, say goodbye to cheap electricity.

Sam the Man
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
December 28, 2014, 07:40:17 PM
 #18

buying i agree with
I would be careful about announcing your money amounts though,, alot of peoples ideas may be influenced by it so make sure
you know what you are doing is safe first Smiley
picolo
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 500



View Profile
December 28, 2014, 09:45:31 PM
 #19

The S5's look quite good and fun!

How exactly is it 'fun'? How can a specific miner be more fun than another?

if you're gonna buy a mining rig , dont expect you'll earn money from it , just have it as a fun thing and maybe , maybe you'll earn some sweet btc

It is possible to ROI with cheap electricity and a little luck.

Unless the OP is moving out of UK, say goodbye to cheap electricity.

Maybe he doesn't pay the electricity but its family pays it Grin Is it possible to have an apartment with the electricity included in the rent?
BTCish
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
December 29, 2014, 12:46:40 PM
 #20

buy btc and invest in some good cloud mining site.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!