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When did you place your order?
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Payment and PM sent. Thanks!
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A quick search on Ebay will show that there's a feeding frenzy going on for ASIC mining gear, and even the new Asicminer Block Erupter USB's are selling for nearly twice as much as you could buy them for on this forum.
It's a little bit of a risk, but I would buy (for example) two Asicminer Block Erupter USB's on this forum for about 2BTC with the intention of selling one of them on Ebay, and with a little luck you'll sell it for enough to bring your cost basis to nearly zero on the one that you keep, making the ROI a non-factor.
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Wow! Just when you think you've seen it all....
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If someone drops, or would like to reduce their order, I'm in for 1.
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But watching and waiting for this. My house gets too warm with LTC mining
LOL.....I'm learning that also. We might have to start seasonal mining. Bitcoin w/underclocked memory during the summer, and Litecoin w/overclocked memory in the winter.
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I admire your entrepreneurial spirit. The risk/reward ratio of bitcoin related businesses is HUGELY positive and with the right idea you could make a fortune, but I'm not sure if a bitcoin bank is that idea.
In this day and age the word "Bank" has almost become a four letter word and the idea of one brings out strong negative emotions in most people that like bitcoin, and a strong negative feeling is not a good first impression for a person to have that you're trying to sell your product/service to.
The people on this forum are both your target market (bitcoiners) and your greatest critics, so if an idea can pass the "acid-test" of this forums unofficial peer review process then you can put serious money behind your idea with even more confidence.
What is the problem that you are offering a solution to that can't be solved by simply using Armory?
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588 khash/s, cpu mining on bitcoin-qt on debian stable
no pool, just mining alone.
Not bad.
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I'm interested as a retail buyer. I'll be willing to pay more for a finished product.
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Yeah, I had a feeling you guys would be passionately in love with my post ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) But the question remains: When BFL first announced that they were coming out with their FPGA miners did they also have to take all this heat?
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I'm very very new at all this so if this post seems a bit naive then yes.....guilty as charged.
Everyone that preorderd a BFL ASIC device must have understood that they were taking a chance on an emerging technology. I know how frustrating it can be to wait, and we all secretly wanted the mail man to ring our doorbells product in hand the day after we pressed the "Buy Now" button, but waiting is part of the game, it's part of the risk of being an early adopter.
Yes....I said early adopter because if you think the BFL preorder list is big now just wait and see what happens after we get our orders filled and this forum lights up like a tree at Christmas with people saying....I just got my order!!! When that happens the order list will grow by 30 to 50 times and the company will have no choice but to raise their prices in an effort to balance the order flow with their ability to deliver.
Also, if we're talking about risk then we should also look at the risk/reward ratio. With the potential loss being about $60 or less per GH and the potential gain being many times more then the cost, it's a bet that makes sense. Add to the fact that you can get a full refund just by asking and the risk/reward ratio looks even better, especially since we're betting on a company that has successfully delivered cutting edge mining products in the past.
I'm curious...when BFL first announced that they were coming out with their FPGA miners did they also have to take all this heat?
It makes good business sense to spread your mining budget over a few companies to further reduce your risk, so I for one am rooting for these guys.
I wish I could find a casino game that would give me a chance to gain while allowing me a full refund.
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You could look at completed listings on Ebay to see what others with the same preorder date have sold for.
But, why did you buy this in the first place, and if you did sell it what would you do with the money? Have you changed your mind about mining?
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also....what OS, GPU, and what your mining?
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2x 7970, Win 7 pro 64bit, mining litecoins for bitcoins.
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