Post
Topic
Board Mining speculation
Re: If you're thinking buying mining hardware, read this first
by
Jakers
on 11/01/2013, 19:29:14 UTC
Lol nobody is stupid enough to spend $126,000 on a set-up when BTC are so unstable, are you serious? I'm thinking of having 5-10 Computers, because my powers free I won't need to worry about the power bill. Also, does it matter what kind of computer you buy, or does it just matter about the graphics card? Would it be better to buy a Mac, or a PC?

Btw, do you mean like one computer set-up would cost $126,000? Or do you mean the entire set-up (Comps, Power, Hardware, etc.)?

I know of people that have preordered 4 SC MRs from BFL, which would be ~$120,000. So yes, people do have that much money to invest in BTC.

As I said, wait until the summer to decide what hardware you should buy. By the time June or July comes, you will see that mining with a computer (CPU or GPU) will be completely worthless, regardless of free power or what kinds of computer it is.

So you're saying computers will be useless by summer time? Some kind of super computer or mining machine is going to be created that will replace computers? I could see that happening, but as soon as summer time? It would take months and months, if not years to create it. Can Bitcoins be mined with anything that contains GPU or CPU? So say, could you mine with your phone if the right software is created? I'm not sure what you mean when you say something will replace computers.

Thanks for the info  Tongue