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1  Other / Beginners & Help / ASIC on: April 15, 2013, 02:24:28 PM
Hello everyone, I am fairly new to bitcoin and bitcoin mining in general. For the last week or so I've been mining litecoin but only at 200kh/s so I am looking for alternatives for bitcoin. I was looking into ASIC's from Butterfly labs but it seems a little fishy to me.
Here is a 5GH/s miner for $280
https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html
At these rates legit? And from what I read it would take nearly 3 months to deliver. Will the bitcoin network be so flooded with ASIC's/difficulty go up to the point where this miner will not yield a profit? Also general ASIC thread.
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