CoinTerra cuts price of TerraMiner IV bitcoin mining rig ...

Block Eruptor Cube

I'm expecting a pretty hefty tax return this year and I am also interested in crypto mining. I believe in supporting the networks and would like to buy into Bitcoin but my particular circumstances make it difficult to simply buy them directly.
Right now I am interested in mining altcoins and trading for BTC. Currently I'm mining Terracoin on a 1.6 Gh/s Antminer but this is obviously getting me pretty much nowhere in terms of earning coins.
Enter the tax return. Amazon is listing several Block Eruptor Cube rigs between $340 and $428.
What are your thoughts on these? I'm thinking of buying one with the return. Alternatively I could buy two, or buy one and buy parts to build a decent scrypt miner (thinking of 3 Radeons, 4 GB RAM, simple dual or quad core CPU and a optical drive and small HDD with a Linux OS and KVM switch so I wouldn't need another monitor).
I checked on Coinwarz and found a profit of about $6/day with 61,600 Mh/s and 402 watts/day at $0.15/kWh with 1 BTC earned in 2 1/2 months at current difficulty if mining Continuumcoin (which I have never looked into so no idea what the longterm outlook for that might be). This obviously is a scenario with 2 Block Eruptors and the Antminer.
What do you think of this setup? I've heard nightmare scenarios with these cubes - melting, catching on fire; but also good things - profitable mining at a relatively affordable hardware cost. Would I be better off investing in the cubes or a scrypt setup?
submitted by demonoid_rat to CryptoCurrency [link] [comments]

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I bought an Old Bitcoin Mining Rig - YouTube

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