Quote from: Spoetnik on March 28, 2014, 12:41:08 PM

Quote from: jonnysomething on March 28, 2014, 08:25:41 AM

I look at mining as a hobby. It's fun.

If you have 4k to invest in a hobby with a .01% chance of you getting crazy rich, drop the cash and go for it.

If you're looking to make money, take that 4k and learn about day trading.

I'd recommend mining though, I think it's fun.

ya it's possible he could make more day trading with less risk with 4 grand i know that is what i had done last few months.
rather than buying a bunch of overpriced gpu's i just flipped mostly BTC for profit and did ok over all..

i bought 1 7950 in late OCT 2013 and they were at Newegg Canada for $199 can brand new a few weeks later on ebay my card was min $475
all the little dicks that came rushing in OCT drove the price up across the world to double or more and there is no god damn way in hell i am paying double for my 2nd 7950.
i only wish i bought more at 199 lol ..instead i bought a PC for about 4 grand including a 140khz BenQ gaming monitor and a Harmon / Kardon amp for my PC.
i was thinking it would be good for gaming and got free codes for games with the gpu i never used and i bought CS GO and never ran it one time
and i never loaded any of my older games even once on my new machine since October.. so what happened is i spent 4k on a fancy web browser machine HAHAHHA
and i already had two machines running too lol .. a C2D and an Athlon
I used to work on CS:GO cracks and have played it with an emu a bit offline before i bought it and have not loaded my CSS either in a year or two at least
but i plan on firing up GTA 4 soon on the new machine.. even though i had played it to death before
and i had GTA 5 for PC in the back of my mind all along while shopping for my pc parts i wanted.

i say all that because i would be pissed off at myself had i bought asics that were obsolete in a couple months.. i'd have to suggest getting GPU's if at all.
but consider what 6 290's cost i am not sure that is too wise.. it may take you forever to make your money back.. i woudln't buy them but i sure as hell wouldn't buy asics.
the pattern since December is down down doooooooown in everything all over.. the more time goes by the less i make mining and it's getting bad and going to get worse i think.

maybe see if you can get used GPU's for a good price and by that i mean half of retail roughly maybe.. ebay dicks say they are new a lot but they use them for a couple months first lol

anyway i am not sure i would advise mining at all.. it may be hard to get your money back and more and more people are prob looking to get out too
it's a perfect shit storm brewing..

+1

I think i will sell 1PSU and CPU and i will buy good PC because now my is so old.

Its very very risky to mine and make profit. Is better to lost about 500$ than 3000$.

Vesyz

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