Bitcoin Forum

Other => Beginners & Help => Topic started by: jgm_coin on April 11, 2013, 12:53:40 AM



Title: Are you afraid of [the big bad wolf] ASCI ?!?
Post by: jgm_coin on April 11, 2013, 12:53:40 AM
As a "newbie" to mining bitcoins - I have to wonder how long this vicodin-like glow will last. 

I found a poll elsewhere on this forum asking about Butterfly Tech and the impending ASCI machines that will make all our GPUs, well, just GPUs.  Many people think they are either a scam or that their shipping projections are grossly inaccurate.  Still, I can't help but start watering at the mouth when I calculate that the 5 GH/s box for 288 (w/ shipping) would profit about $75 USD worth of bitcoins everyday!

My question for all of you is - are you planning to/ already on the list for an ASCI unit?  Or do you feel GPU mining may still be profitable next year?  I'm seriously thinking about adding another GPU since I can get it overnight, but at the current rate (assuming these ASCI devices DON'T ship at the end of the month) it will take about 3 mo. to break even in bitcoins. 

Please post your thoughts, rants, or general mischief below.

-Jesse



Title: Re: Are you afraid of [the big bad wolf] ASCI ?!?
Post by: c0ikws on April 11, 2013, 01:04:59 AM
you mean asic lol ?


Title: Re: Are you afraid of [the big bad wolf] ASCI ?!?
Post by: jgm_coin on April 11, 2013, 01:14:31 AM
you mean asic lol ?

LOL! that is amusing!! you know you're a nerd when ASCI vs ASIC is funny


Title: Re: Are you afraid of [the big bad wolf] ASCI ?!?
Post by: braindead on April 11, 2013, 01:22:49 AM


Well if u loose the race on Bitcoins using GPU´s u can moove to litecoins they don´t give so much earnings but its something, many ppl are already mooving to litecoins instead of bitcoins

I have some Gpu´s working and i´m happy Butter is delaying their shippments (sorry to say this) hopefully they will only deliver in June or so, that way we can mine a bit more and have some profit before things go crazy

U can check on forum that there are users still buying Fpga and Gpu´s

Bitcoin´s is a hobby and also a Game, sometimes u win and sometimes u loose


Title: Re: Are you afraid of [the big bad wolf] ASCI ?!?
Post by: jgm_coin on April 11, 2013, 01:31:04 AM


Bitcoin´s is a hobby and also a Game, sometimes u win and sometimes u loose

You make an excellent point that I didn't consider- mining as a hobby.  I realize that's true for me - I'm really curious about it and I've learned a ton already. 

Maybe I will get that second GPU...