Originally Posted by RAFFY
Whats wrong with your rig? Post your problems SON!!! Lets get you fixed up and running!!!
Nothing wrong with my rig apart from the fact I haven't built it yet, been watching the price changes closely and expecting prices to fall early/mid Feb on some of the parts I want along with better stock for 280x's so haven't ordered anything yet. And the rig in my sig is 7 years old so can't use it for mining as the PSU packed in a week ago (whence the need to build this new rig) so I'm just using my laptop at the moment to tide me over for internet usage and uni work
Originally Posted by Angrybutcher
With the way the markets have been going the past couple months (even with the huge slide), most hardware will pay for itself within about 2-3 months. That's at today's rate though. Still a risk for if the markets take a huge tank and you can't pay off the hardware so to speak, or pay them off much faster if they continue to rise. They have been fairly steady the past couple weeks though.
Now to do that though, there are two thoughts. Cash out when you pass the threshold for breaking even, or if you have the capital, ignore that and keep the funds hopefully growing for a larger payout later. That's one thing I've debated with myself. Since my rig was free (thanks OCN!), should I cash out the $60 a month for electricity costs or just keep the funds growing. So far I haven't cashed anything out.
Yeah I've watched the markets every now & then, I'm kicking myself for not getting into Bitcoin back when it was around $30 but I didn't really think it would last and was going to burst as I was thinking it was just a fad and people were in it for a rebelious phase as a kind of protest to the banks and government. Hindsight is a wonderful thing though, I can see Bitcoin and LTC being strong for years to come but I'm dubious of all the other currencies but it seems now is the perfect time to get in on the action before it all fizzles out and everything stabilizes pushing alot of the obscure coins further into obscurity making them worthless, if I can make back the money I spend on my rig and a little extra then I'll be happy as I'm not sure whether I'd want to invest in a full mining rig for 24/7 as I really have no clue how long this craze is going to last but I do realise the longer I wait the more people are going to get in on it for a quick buck and the sooner the bubble will reach critical mass and explode