Post
Topic
Board Beginners & Help
Re: What Asics can i buy right NOW? no pre-order
by
decrypter
on 27/12/2013, 04:49:38 UTC
I suggest you get into scrypt mining. Even if you drop 600 USD on a graphics card and later find out that mining is not for you, for whatever reason. It will not be the end of the world because hey, at least you have an awesome video card for gaming. Or if you don't care to game, then sell your video card on ebay. You may even make a profit.

ASIC mining is much riskier. If you can't get your ROI via mining, you have worthless hardware on your hand. NO ONE will buy outdated ASIC gear from you. You will not recoup your cost of purchase via resale. And that expensive ASIC CANNOT do anything else, unlike your video card.

These are just a few reasons why scrypt mining is becoming so popular.

Bitcoin mining is a game that you had to join a while ago to make some $$. And then reinvest that $$ to stay in the game. It costs a significant amount upfront to become a profitable Bitcoin miner. You CAN if you are okay with taking a MULTI-THOUSAND dollar risk.

Or if you are like me, you'll just mine scrypt and not worry to much about the video card purchases.