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3941  Other / Beginners & Help / Re: Hi all, another newbie looking to guidance.... on: January 01, 2013, 10:45:56 PM
Then would it be profitable to invest in ASICs? I couldn't see them as a resellable good.

It could be extremely profitable to invest in ASICs, but it really depends how soon you are able to get your hands on one. The first ASIC miners will make a lot of money, the last ones not so much. As for resale, ASIC's can only be used to mine bitcoins, so resale would be limited to selling to other bitcoiners.

Well said, those who et the first ASICs will have 100% ROI within a month or 2, whereas those who buy 6mos after realease may take 6-9mos for the same ROI
3942  Other / Beginners & Help / Re: ASICS shipping? on: January 01, 2013, 10:41:44 PM
most are delayed, and generally the promises of companies are being scrutinized very closely (and should be taken with a grain of salt)

ASICs are the proverbial upgrade from a pickaxe to a bulldozer in terms of mining speeds. I want to get into mining, but its sounding like GPU mining wont reach ROI, so im waiting for whoever first demonstrates working ASIC units
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