How do they know who cares about getting a PSU and who doesn't?

Ha!!

I guess you could say "still shipping" but in reality it's "barely started shipping".

Only a handful of people have actually gotten batch 2 units. I'd say they are about 5% done.

There are more chip credits then there ever will be BFL chips sold, so... yes, they are worth almost nothing.

oh well, I ordered one anyways. I figure it won't be any worse than my orders with Avalon and BFL, lol.

btw, my order id was about 2300, I'm guessing that means 2300 orders but it might now.

ok, stupid question, please be nice

I reserved a pre-order back in May for a Mars, with the intention of upgrading it to a Jupiter. Now, I know it's not a "pre-order" as there was no way to pay at the time so, of course, I never paid.

I followed this thread for a while but stopped keeping up with it.

I saw later that the Mars was discontinued and they jumping right to selling the Saturn and Jupiter now. I also heard that the earliest orders were given a chance to order and pay for a Jupiter before everyone else?

My question is, does having my May Mars order help me be earlier in line if I order a Jupiter now somehow? Or is my only option basically order a new Jupiter on their website as if I was a new customer?

Also, how long has the Jupiter been available for sale? Are there a lot of people in the queue already? There probably are 1000s ahead of me at this point, perhaps it isn't worth it anymore. I wish KNCMiner had e-mailed the people who had attempted to pre-order early instead of making us have to check their website everyday.

ASICMiner shut off roughly 15 TH/s worth of mining equipment in the past 3 days. That is more than 10% of the world's hash power. That definitely had a big impact on it. I'm not sure why they did it by the way. It could be network or hardware problems, or maybe they don't want the difficulty to rise too much higher yet.

Anyways, it makes sense that we hit a plateau. ASICMiner blades are sold out. Avalon batch 2 still isn't shipping and BFL Jalapeno shipments have slowed compared to what they were 2 weeks ago. They also claim to have started shipping singles but no one seems to have one yet. In the meantime, with the last difficulty adjustment a few days ago many GPU miners suddenly became unprofitable and shut off their machines.


This plateau won't last though. Avalon should finish up shipping batch 2 in the fews weeks to a month or so. BFL looks like they will actually begin shipping singles finally, and ASICMiner will add more hashrate again. I think we won't see much change in difficulty at the next readjustment, but then it will gradually start to rise again, and we may go back to seeing 20%+ increases in difficulty a month from now. It all depends on when BFL and Avalon get their act together and ship their preorders.

At least ASICMiner delivered when they said they would, unlike BFL and Avalon!

People been posting from the very start that these items would never make ROI. I've been saying it all along, but no one listened and they bought them anyways.

Eventually I stopped because I own ASICMiner shares and I realized I was shooting myself in the foot, lol.

ASICMiner priced these EXACTLY right. They made a great business decision. If they ever offered an ASIC product that I felt was reasonably priced, I'd buy from them in a second. I can't say the same for BFL and Avalon, both of which have screwed me over at this point. Hopefully my ASICMiner shares will more than make up for all the money I lost due to the other two.

During the crash:

"We can laugh at Bitcoin but real guys, in real basements, are losing real fake money right now." - David Clinch

Don't bother, you won't make any money mining at this point. GPU mining is dead and you missed out on the ASICs.

You can't GPU mine on a laptop.

Yes, but bitcoin is never more or less scarce. The same amount of bitcoins are mined every day no matter what.

I completely agree with you and it's so frustrating to get into this argument all the time here.

Everyone should have to take an intro economics class before they are allowed to post here, lol.

Silver isn't undervalued. It only undervalued when you compare it to gold which is ludicrously over-valued right now.

Also, bullion makes a horrible investment. You get taxed up the ass for any gains you make. There is no such thing as long term capital gains for bullion. You'll get taxed at 28% fed tax in the US plus whatever your state charges. Where I live that is another 12%. So you would pay nearly 40% on something that is expected to just keep up with inflation over the long term. No thanks.


Bitcoin is riskier but is a better investment overall.

Forking the blockchain like this would kill bitcoin at this point.

I know I would take all my money out of it.

Imagine you go to a store that accepts bitcoin only to find you are using the "wrong bitcoin".

If you hate the hashing algorithm so much, create an alt coin. Oh wait, there is already Litecoin and it's dying, lol.

I'm sorry you didn't think to order an ASIC early enough but all the butthurt GPU miners in the world are not going to be able to change Bitcoin's hashing algorithm.

And if bitcoin really did start using scrypt, people would just make ASICs to mine that way.

ASICs are a GOOD thing for bitcoin.

I'm guessing you sold this already, but I saw it was bumped by someone else.

Still available?

Those people overpaid.

Also that was WEEKS ago when difficulty was about 10 million. Difficulty is going to be adjusted to be close to 20 million before these can even be shipped out to us.

You just said that ASICMiner blades were overpriced but you are selling them for the same price.

An ASICMiner blade hashes at about 12 GH/s, and can be overclocked to 13 GH/s. That makes your Avalon worth about 5 blades, maybe 5.5.

They are selling for less than 50 BTC, but we'll use 50 BTC since it's round number. 50 * 5 = 250! Same price you are selling for!

Some power might drop as the GPU miners stop mining, but FPGAs are very power efficient and there is no reason not to leave them on.

BFL is shipping now, a weeks worth of orders ever day. They have 60,000 orders to get through which they claim to ship in the next 90 days. Even if it is a bit longer than that (I think it will take them 4-5 months) that is 400TH MINIMUM just for the orders we know about (see http://bfl.ptz.ro/), and I think the real number is about 600TH since not everyone submitted their info for that table.

Then you have nearly 600 Avalon batch 2s left to ship and more batch 3s. And coming later in the summer at least 500 million Avalon discrete chips. Difficulty could be as high as 100 million by Sept or October, with the minimum I estimated of 50 million by Sept 1. It will be tough for any one of these machines to make over 150 BTC in it's life, and a more likely estimate is 120-140 BTC. That it is why I will offer 110 BTC. Good luck.

I agree, I'd pay maybe 110 BTC for one. Any interest?

You can get a raspberry pi starter kit with bitcoins at bitcoinin.com. It costs 0.35 - 0.62 coins depending on whether you get just the raspberry pi or the kit.

Price didn't drop today. It's been pretty much constant the past 16 hours.

Don't buy any miner. It's too late. You won't make your investment back no matter which one you buy unfortunately.