Is an ASIC miner a good investment right now?I mean, I was checking the websites that are selling them and many are out of stock.<p>Or should I say, are these miners a sure investment at least for the moment?A friend bought an ASIC miner a month ago and he sold 100 or something BTC for 16-18.000 $.I'm not calling my friend a liar but it's kind of too easy.I mean you just buy the ASIC, you wait for a month and then sell it for a sum like that.Sounds...interesting.<p>It's just I am having some doubts about this.Sounds too good to be true.Buying an ASIC and getting rich...It can't be that easy to make money even though I see the word "bubble" in the BTC topics.<p>By the way, I don't know much about BTC so if I am off the road, correct me.
"By the way, I don't know much about BTC so if I am off the road, correct me."<p>Then no. It is not a good idea to buy anything related to BitCoins. If you don't understand the technology, don't invest in it.
What kind of computer do you have?
I checked a few days ago, and had the chance to have one of the "ok" GPU for farming.
With the current prices, you get more value in bitcoins than the power consumption it uses.
You won't sell for 20k for sure, but you can end up with a few bitcoin within months.
Most of all, it will give you some awareness about the whole thing.<p>I like everyone buying farming stuff right now, because they are part of the huge current valuation of bitcoin.
And as the number of bitcoins is fixed, it can only go up.
At this point I would say you are better off just buying bitcoins rather than a rig. It's only going to get harder to mine and yes you will be more efficient/faster than most but it's a losing game. Although I do have a miner and already pre-paid for an ASIC rig - I wish I had just bought BTC with the money as there will only be 21M btc ever!