So how long would it take to get a bitcion with this?

[upliftsleet1974]

So I am looking at buying this so what I would like to know is how long would it take to make my money back?

https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html

 

And if this is bad is there any thing I could make some money with?

[Norwegiantweaker]

So I am looking at buying this so what I would like to know is how long would it take to make my money back?

https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html

Probably in 2 years. besides bitcoints are dead.

[_ASSASSIN_]

don't buy that, go and get a USB Miner, you are better off with those

[upliftsleet1974]

don't buy that, go and get a USB Miner, you are better off with those

But can I make anything off them? 

[Levent]

it says 13 years here

[_ASSASSIN_]

But can I make anything off them? 

it's all luck you have with the pools you are in.

never go into bitcoin expecting a massive return, unless you have a couple thousands to just buy and sell bitcoins like a stock

[upliftsleet1974]

it's all luck you have with the pools you are in.

never go into bitcoin expecting a massive return, unless you have a couple thousands to just buy and sell bitcoins like a stock

So you can get luck and get one? 

Because at this point my rig can not mine lol

[upliftsleet1974]

So I think it may be back to folding for me lol

[_ASSASSIN_]

So you can get luck and get one? 

Because at this point my rig can not mine lol

then get a USB miner like I said, low power draw and it does ~800 MH/s

that's miles better than my current GPU

[Bonsai99]

So I am looking at buying this so what I would like to know is how long would it take to make my money back?

https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html

http://www.bitcoinx.com/profit/

It would take around 250 days to break even but the profitability is declining at an alarming rate so it would take significantly longer than that and even then Butterfly Labs has a huge backlog of orders to ship (Currently shipping orders from May) so it is really not worth it

 

Probably in 2 years. besides bitcoints are dead.

Bitcoins are far from dead.

 

don't buy that, go and get a USB Miner, you are better off with those

The USB Miners are even worse.

 

then get a USB miner like I said, low power draw and it does ~800 MH/s

that's miles better than my current GPU

They only do 300-333Mh/s and the cost of keeping your computer on outweighs the profits.

[upliftsleet1974]

then get a USB miner like I said, low power draw and it does ~800 MH/s

that's miles better than my current GPU

But it will never make its money back

[Bonsai99]

But it will never make its money back

Exactly, so don't do it

[_ASSASSIN_]

 

http://www.bitcoinx.com/profit/

It would take around 250 days to break even but the profitability is declining at an alarming rate so it would take significantly longer than that and even then Butterfly Labs has a huge backlog of orders to ship (Currently shipping orders from May) so it is really not worth it

 

Bitcoins are far from dead.

 

The USB Miners are even worse.

 

They only do 300-333Mh/s and the cost of keeping your computer on outweighs the profits.

 

yeah but it doesn't cost $200

[Bonsai99]

yeah but it doesn't cost $200

But there is no way to make any profit at all. With the $270 miner you would atleast make profit at some point although it is really not worth the hassle. Both options are terrible either way.

[upliftsleet1974]

But there is no way to make any profit at all. With the $270 miner you would atleast make profit at some point although it is really not worth the hassle. Both options are terrible either way.

So if I may ask what about litecoins?

[Bonsai99]

So if I may ask what about litecoins?

Mining anything is pretty much terrible unless you literally have thousands upon thousands of dollars to build a bunch of mining rigs. And if you do that, usually special electrical work has to be done in your house (especially if its older) because of the huge power draw.

[upliftsleet1974]

Mining anything is pretty much terrible unless you literally have thousands upon thousands of dollars to build a bunch of mining rigs. And if you do that, usually special electrical work has to be done in your house (especially if its older) because of the huge power draw.

okay thanks this is of the list lol

[RuecanOnRails]

Give this a read.

http://www.reddit.com/r/Bitcoin/comments/1oto74/thinking_of_ordering_an_asic_there_is_most_likely/

 

 

Throw specs of your proposed miner in here and calculate it out.

http://mining.thegenesisblock.com/

 

Most calculators are static and do not take into account the rising difficulty. The results given are generally valid for a max of two weeks until the difficulty changes to adapt to the new hashrate added to the network. Within the past two months, we have had 4 difficulty increases which averaged 36% increase each.

http://bitcoinwisdom.com/bitcoin/difficulty