Bitcoin Forum

I would like to invest into some ASICs what's a good place to buy one right now?

Nowhere. ASIC doesn't exist in the hands of an end-user yet.

How's www.btcfpga.com? Good place to pre-orders?

The 3 main sources of preorders for ASICs have all proven themselves trustworthy with FPGA units. BFL, bASIC, and Avalon can all pretty much be preordered with full confidence that you will get your hardware....eventually. I have my preorders in with BFL, as do a lot of other people, but any of those 3 will be fine.

With full confidence?  Seriously?


Anyway, here's the spectrum of what is shared publicly:
 - http://en.bitcoin.it/wiki/Mining_hardware_comparison#ASICs

How could someone recommend buying ASIC now .....

Open your eyes; your buying vaporware at all the current vendors!?

And you are the last in line; don't expect any profit. You'll get your ASIC right after al the others. Diff will be high then:/

You need to open your eyes and realize that the nature of mining IS asics. If he's not going to get ASICs, then he might as well stop BTC. You need to stop blatantly spamming FUD.

Why the hell do you recommend someone to buy vaporware?

All ASIC manufacturers will (propably but who knows for shure?) deliver...ASICs may be the future of BTC; yes that's foreseeable.... But when, how, what, working, at expected performance value  and so forth ....

Please do not recommend newbies to buy into uncertain things.... What if everything goes south with ASIC?

Best advice I can give is:

Do not buy or invest into Bitcoin, unless you are 1k % certain and shure to loose everything you put in!

Ps: ASICs (especially of a certain vendor) are kind of a religion at the moment.... Don't talk bad (etc) about them or a shitstorm will follow:)

Come on, there is more to BTC than mining...

Then what's the common approach for newbies to get into BTC?
Mining .... Right? (So it was for me at first, how else could I get BTC?)

I didn't say that there is nothing else then mining.

I bolded my original comment to emphasis that I was talking specifically about mining. Of course there are other aspects, but we're in the mining subforum, and he's asking about buying hardware to mine on. I should probably have reworded the second sentence to this: "If he's not going to get ASICs, then he might as well not even mine."


Wait, you're saying not to invest in Bitcoin, or any ASIC manufacturers? Cuz either way, that is terrible advise, and really shows a lack of confidence in BTC (or BTC mining). The OP asked a question about where to buy ASICs, not your opinion about whether you should even be buying ASICs in the first place. I gave him the same advise I'd give anyone else. You turned OT and started spewing crap.

Read the rest of the sentence and it makes sense again ;) ...

As for my FUD spreading.... Might well be true that I wrote my own opinion about buying (investing) right now. I would find it usefull of someone would warn me of potential loss of BTC before I order... With full confidence...;)

And yes as a clear thinking person I have my thoughts about the bitcoin market as is right now...that might even be a lack of "full confidence" ;)

IMO,mining is far from not being profitable,with GPU's yes,FPGA's so so for now.ASIC's will make money,when the diff hits its plateau,you will make as much as you do with GPU's at the moment.

3gh now will be = to 30gh in the future,it will net you about the same income.

My plan is to have about 250-300gh & should generate about 20 btc per week @ a network hashrate of 500TH.

So,if you want to mine,start ordering your ASIC's now,I & many others are  8)

...and be one of those who will have to realise: "oh my god! They didnt deliver on their promise! my 9GH/W are actually 0.3GH/W and instead of delivering 1TH in total its only about 2GH at all..."

Really.. if you bought a new GPU, wouldnt you first check on real life benchmarks (in other words results of a device that exists?) wouldnt you check out other people's thoughts if you were to buy some expensive stuff? I never fail to be surprised how dumb people become when it comes to greed or the possibility of attending a gold rush. If and only IF those asic promises are somewhat legitimate anyone who puts himself in the queue now wont have any special bonus left.
So just keep your money or invest it in BTC directly, but buying some non existent hardware? Might as well give ti to me for the promise to deliver you some sort of hardware that will hash, microwave your food and be a harddist with at least 10TB storage space for just $400*..

Really... bitcoin never ceases to be interestering. Sometimes i regret not have studied social behaviour - this forum would be full of PhD Thesis about greed...



------------
*ETA 4 to 6 weeks

^signed.... :)

Personally I have spread betted. If you can get something from each company and sit back, Who ever ships first does not matter anymore.

I'm not getting into the argument of will it happen, The proof this technology exist is here, It is only a matter of time, Remember, Not if, When!

What is that, near $3700? That's a pretty big bet for many.

That's like betting on every Color on the Roulette table. You'll loose anyway.

Except in this case, every color will win. The question is just which one will win first. Inclusive vs Exclusive. Your analogy is flawed.

i can't imagine how the hell you can be so sure of that..... But hey there are people out there believe in "sensitive" water,health stones, talking with animals, remote viewing, scientology, or even good old grumpy god and such stuff.

Im ok with that as long as they do not evangelize other people (especially newbies that ask for help!) with their bullshit !!!




 

No. Only red (Avalon) will win in this case. They will be the first ones. At the current, low difficulty, they will generate their owners a (small) fortune. The rest (BFL, bASIC) can be happy to achieve break even.

While I agree that Avalon is likely to be first to ship at this point, despite being the third of three to announce a delay, their first batch is only 300 units and will take some time to deploy. Even after adding every one of these 300 units to the network(19.8TH), If BTCFPGA gets their ducks in a row their early customers will also enjoy a windfall. I've less confidence that BFL can get anything ASIC out to customers in January. There's also ASICMiner to worry about as they claim to have chips completed and I believe are currently packaging/QCing them.

I agree with both of you.... Reading towards ASIC seams that Avalon is the team that will win the race :)

That totally doesn't imply trowing thousands of dollars (that you can't afford to loose) at them. You will be last in line there too, thus no or minimal profit, if ever reach break even!

I am happy to see you guys warding off the newbies to mining BTC,It means more coins for me & those of us that are stupid enough to invest in ASIC's  ;D

Keep warning them guy's  ;)

I'll surely invest in a few units when they show me that they exist and the market settles (i won't now as i described earlier) . Im the first to tell officially that i was not right with my opinion about ASICS (all vendors!)

asic.mybitcoin.com

Like I always say:

"if it's 'loose', put some glue on it."

Awww my silly english ;)

you will looze even if you don't bet on every colour, that is why there is the extra slot 00