With Dwolla it's even easier.  Direct deposit to Dwolla from a credit union is free but takes the equivalent time of a check to clear.  Then transfer to MtGox for 25 cents in 24 hours. 

Yes, the fact they are now listed as "shipping" here is rediculous too:
https://en.bitcoin.it/wiki/Mining_hardware_comparison

To be fair I don't really consider Avalon to be "shipping" either, but I can cut them slack since they are not actively taking unlimited orders and their website and advertising doesn't draw you to make an impulse buy.  After being away from the bitcoin scene for awhile, the only reason I'm not on a BFL waiting list is because when I read the fine print about no refunds for any reason, I thought WTF? and decided to do some investigating.

No I'm questioning the rational behind applying the shipping label.  Shipping generally implies product consistently being delivered as well. I don't see that as being the case.  I assume you have one up and mining away by your response?

https://en.bitcoin.it/wiki/Mining_hardware_comparison

So how much did BFL pay to get listed as shipping on this site?  It's bad enough that we are plastered with BFL ads on every bitcoin website to make them look legit, but to get listed as shipping product when they have given them out to one or two websites hardly means you are "shipping" by any industry standard.

How much longer is the bitcoin community going to put up with such deception?  As long as BFL is buying advertising?

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You contradicted yourself in your own post... Let me help you out...  In the PAST, the value of BTC has moved towards the point of making mining a break even venture as the difficulty level adjusts.  Like every broker will tell you though, past performance is no guarantee future results.  

ASIC mining hardware is a major disruption in the mining community.  It is vastly out performing widely available, consumer-level hardware.  It is very expensive and only useful to mine bitcoins. It is currently concentrating the new found wealth in the hands of very few people.  The expense and single, functioned nature of the mining equipment is quite unique in bitcoin history.  It may take quite some time for this situation to stabilize.

While I can agree with your final "supply and demand" statement, those concepts trivialize all the chaos and complexity underneath to such a degree it's pathetic. Why not just take the last step and say the price is solely determined by economics?

Wait, is the foreseeable future already over?  I was trying to be more delicate with my math question.


From the site:

Suspending operations

02-02-2013 | by fizzisist

Dear FPGA Mining customers,
Unfortunately, demand for FPGA miners has been too low in recent months to justify continuing to produce new X6500s. For the foreseeable future, FPGA Mining will be suspending operations. It's sad to step away from such an exciting and interesting project, but the time has come.

https://github.com/progranism/Open-Source-FPGA-Bitcoin-Miner

Have you seen this?  Not sure if it will work with your specific board though.

6870 is only rated at 300MH/s... You might break even mining bitcoins with the cost of electricity, at USD:BTC exchange rate of ~$200:1.  Sorry, it's just the math.

First question... Have you done the calculation to figure out how long it will take you to break even on your hardware investment?  800MH/s is only slightly better than a high end Radeon 7970 and vastly slower than the ASIC miners out there today already increasing the difficulty with more and more coming.

Remember they don't even really support CPU mining anymore because it isn't cost effective.

Actually, there is a feedback loop...  Avalon ASICs cost BTC to buy, thus driving people to convert to BTC to get one.  I think this is actually the correct thing though as it actually drives their hardware to actual USD value, instead of under pricing it in USD.  There is a reason to actually need BTC now, to own the printing press to get more BTC.

Possible... Or possible beta test?

Though in all seriousness their website is too rigged to make you think you will get a ASIC instantly.  You have no idea all the numbers of back logged preorders they have until you research the bitcoin community.  If you just googled Bitcoin minng hardware you would see them right at the top and go "buy" one.  The tip offs are  the fact they don't actually tell you ANYTHING about when you will get your order, and the fine print about no refunds, and that they have such pretty looking hardware.  Sure I'd expect hard to one day look like that, but this is a race to be first, not a beauty pageant.

Do you really need an embedded Nexus 7 in the chassis?  How long did that take to debug?

Sigh.  So true.  Curse human nature!

Not trying to troll you but GPU mining is pretty obsolete with current generation hardware.  Google "bitcoin mining hardware comparison" and with the current difficulty level you'll see you really can't be cost effective.  You would probably never recover your hardware investment.  This weekend, I got two easily available Radeon 6770 which were listed as having the third best Mh/S/$. I ran about at the listed hash rate and generated ~.0156BTC or $3 at today's rate.  That would have taken me roughly 75 days at current rates to recover my investment. In 75 days even BFL will probably have an ASIC out and mining will be even harder.

Hi.  My name is Lore.  And I'm not a troll. Or a spammer.  I'm just a stranger on the bus tryin' to make my home.

I'd love to be white listed but I'm having fun reading the newbie forum section!

I disagree.  This punishes good people that don't intend to troll.  Wait... I hope I'm not trolling by saying that.