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Board Beginners & Help
Re: $5000... invest in different types of cryptocurrency or mining equipment?
by
digitalminer407
on 12/01/2014, 06:56:02 UTC
All the machines we have ordered are currently taken.  We just happened to be very lucky and ordered these machines right when they became available and happen to get our hands on a few.  We have other friends asking but the next order is currently on a pre-order status.  We want to test the machines first before I even consider selling one to someone else.  We will know this week if these machines are worth it or not, then we will go from there on ordering more.

The only thing I worry about is that the difficulty versus mining power.......one of those things where I think the window of opportunity is getting very small to keep mining at a profitable stage.  After April or May I am curious to see how much it really changes.  Especially when a few of the other companies are releasing 2th/s machines sometime in April.  That is going to put the mining power up quite a bit.

Don't quote me on the April thing.......but curious to see how hard it will really get to mine without having a substantial amount of mining power.  Basically if your not running with the big dogs, you will need to stay on the porch......if you get my drift.  That is what I have read anyways.......

That is why my idea is to get my mining gear paid for as fast as possible.  If I can at least break even, I'm happy.  Hoping to maybe use the ASIC miners for another type of cryptocurrency to mine later on if bitcoin mining becomes to difficult or not lucrative enough.