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Showing 2 of 2 results by abtekk
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Board Mining speculation
Re: Are ASICs still worth investing in?
by
abtekk
on 27/08/2015, 09:15:36 UTC
I think investing is such a broad word, are you investing just because of curiosity, hobby or passive income?
Are ASICS still worth, yes I think they are still, specially the new Bitmains.
If you're planning to invest on a small hash rate as a hobby and just to satisfy your curiosity, then go for it but don't expect great rewards for it.


I was wanting to get one or 2 just to run in the background while I get on with my day to day life, and just make a small monthly profit. But long term I need to know if I'll continue to make profit or if I'll be spending more on ASICs before I actually have a chance to break even.
Post
Topic
Board Mining speculation
Topic OP
Are ASICs still worth investing in?
by
abtekk
on 27/08/2015, 08:35:54 UTC
I've seen a few rather reasonably priced 675GH/s and above ASICs for bitcoin and wondering if it's still something worth investing in? I can't go for the high TH/s ASICs as I don't have that much money to put forward. I calculated my break even point would be about 9-11 months at CURRENT BTC prices.

Is this still something I can make a little profit from? Baring in mind I can set it up at work so I'm not paying for electricity.

I don't even have to invest in a BTC ASIC if you feel like a Scrypt ASIC would be more profitable. I'm open to all suggestions.