Post
Topic
Board Beginners & Help
Re: Looking for advice on buying an Antminer
by
conteaza
on 04/01/2015, 13:28:31 UTC
I advise you not to buy miners because difficult has tripled in the last 6 months ... so you can expect to make at least half of how much you can mine nowadays with for example S5 ,better buy some coins ( I expect the price may go unde 260-250$) and  hold long-term  Wink

Isn't there a limit to maximum hash in regards to cost-effectiveness; network pressure will not go over a certain amount as to remain profitable. Considering this, can/will it triple again? I can't tell.

But you make a valid point, I could just buy 6 BTC now and let them sit for 12 months. Maybe they'll hit 500.

Now you put doubt in my head Smiley



I'm just saying the facts resulting from this chart http://www.coindesk.com/data/bitcoin-mining-difficulty-time/ and this does not mean that difficult will triple again in the next 6 months and I guess they'll hit much more that 500  this year Wink