ASIC?

[stormtide]

As others have already posted, I wouldn't touch this company with a 2x4 plank before I start to see some product. All the pre-orders they have taken, good cash flow.. Maybe they got all the rigs on a shelf mining for them selfs (speculation, i have no idea).

[bcitarel]

despite it is much powerfull than ati graphic cards, do not consider the absolute mining power as an indicator because every one who buys an asic minner is buying powerfull minning hardware. you should consider the relative minning power equipment. for example, the lowest mining power (5 GH/s) in the future will be extremely low compared to the 60 GH/s and even less compared to the 1500 GH/s.

[getrichquack]

I'm relatively new to Bitcoins. I didn't take it seriously a year ago because it was only being used by hackers. I started getting into it because a website I frequent went bitcoin-only.

I preordered a Jalapeno before the new pricing. I thought about buying the next level up which was $649 at the time, but I didn't feel comfortable about the company's current history. The thing I don't like about GPU mining is the amount of power useage and the smell of toasting GPUs. I see no point in making such small amounts of money for so much noise and power. ASICs are the way to go.

I have no idea when the Jalapeno will arrive, but I wont cry over it since it's not an expensive device. In the mean time I am keeping an eye out for new ASIC devices. The Avalons are the current choice but the price is too rich for me. Maybe if Bitcoin keeps on falling I might consider them - it's going to fall under $50 USD, perhaps as low as $40.

LOL...why do you think"only hackers" were using bitcoin...thats kinda funny