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Author Topic: What Hardware to purchase or not?  (Read 1784 times)
JohnLight95 (OP)
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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
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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.

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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
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December 24, 2014, 08:44:42 PM
 #4

S5. wait for S5. its freaking awesome.

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December 25, 2014, 01:55:22 AM
 #5

Just buy. Its boring but safer.
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December 25, 2014, 09:52:14 AM
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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

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December 25, 2014, 01:44:06 PM
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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?
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December 25, 2014, 01:45:49 PM
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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.

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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.

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December 27, 2014, 08:48:27 PM
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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.
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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.

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December 28, 2014, 04:54:19 AM
 #12

that's right, just buy bitcoin! or buy Avalon4.
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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
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December 28, 2014, 11:45:05 AM
 #14

The S5's look quite good and fun!
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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
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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.
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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
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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
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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?
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December 29, 2014, 12:46:40 PM
 #20

buy btc and invest in some good cloud mining site.

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