Quote from: BitcoinNerd on August 20, 2013, 04:45:11 PM

I recon you should get a block eruptor. It's a great introduction into ASIC mining. You may accumulate enough coins to be able to order (pre order) one of the gen2 ASICs coming out soon, if you try out mining and see what it's about.

Grin

Terrible advice. You don't need "an introduction into ASIC mining" as it's not some arcane art that you have to learn. Most of these things are fairly plug-and-play and day-to-day operation uses software that is very similar or identical to what is used for GPU mining.

Quote

You may accumulate enough coins to be able to order (pre order) one of the gen2 ASICs coming out soon, if you try out mining and see what it's about.

Even if the block erupter generates enough coins for you to preorder a gen2 USB device, you're much better off keeping your money in the pocket and buying the gen2 directly when it becomes available. That is, if the gen2 devices actually have a positive ROI expectation, which is uncertain at best.

Unless your personal hashrate grows at least as quickly as the network hashrate (and difficulty), any "reinvestment strategy" is losing proposition.