I have 1400$ To spend on an bitcoin mining rig/Asic mining rig, please help
I basically have 1400$ to spend on an mining rig, i've thought about buying 3 BitMain AntMiner S1's, but i don't know if it's a scam or not. Please help :) EDIT: This is what coinwarz calc. Say: http://gyazo.com/bf467e3765850a6087b3759f595bb805
Imagine if all the money miners spend on buying new ASIC rigs would go directly into the purchase of bitcoins. Imagine also if all the cost associated with operating mining farms would be virtually eliminated and therefore greatly reducing amount of bitcoins miners have sell to keep operating.
That is effectively one of the things ETH 2.0 is bringing to the table. It will also result in lower issuance, a rapid increase in network scaling. This is a very exciting development for cryptocurrencies as a whole, and if the implementation is successful there are a lot of reasons to believe it will catapult Ether's price. If you are a maximalist (on either side of the fence), please consider hedging your investment. It is a responsible approach specially when dealing with a highly speculative and volatile asset class. Cheers!
Bitmain announces two new ASIC cryptocurrency mining rigs . Leading application specific integrated circuit producer .#bitcoinbillionaire #btc #bitcoin
12-12 10:13 - 'Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets!' (youtu.be) by /u/CryptoDataYoutube removed from /r/Bitcoin within 495-505min
How much will one 1080ti card give me money for bitcoin mining. I want to have a small rig for mining. Don't suggest me ASIC'S. I wanted to upgrade myself Graphics card from 1050 to 1080ti. So how much will one 1080ti card earn me for bitcoin mining and other altcoins?? /r/Bitcoin
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