Tuesday, 8 March 2016

Have a little startup capital, any advice on beginning mining?

Hi all,

I'm very familiar with the mining process technically, did quite well gpu mining alts a few years ago.

Anyway, I recently came across a few bitcoins and was interested in starting mining btc.

I have absolutely no illusions about the state of mining and its difficulty. However, if I can expect to ROI at some point within a reasonable amount of time, I'd like to give it a go.

What I'm wondering is, should I get in on a few batch 12 antminer s7's, or is another miner about to come out?

Also, which pool do you prefer, and how accurate are the mining calculators at sites like coinwarz? According to coinwarz, a few s7's would ROI in 6 months.

I'm nervous about the halving and core/classic/unlimited problems as well.

Thanks!



Submitted March 09, 2016 at 12:09PM by Matthew_KY http://bit.ly/1R6AxlR

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