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crazyates
Legendary
 Offline
Activity: 952
Merit: 1000
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September 04, 2012, 01:54:04 AM |
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Bitcoin Oz (OP)
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September 04, 2012, 02:06:13 AM |
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Interesting. Looks like BFL has competition  |
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1l1l11ll1l
Legendary
Offline
Activity: 1274
Merit: 1000
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September 05, 2012, 02:33:02 AM |
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Bought 2
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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September 05, 2012, 02:37:50 AM |
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i grow weary of people talking about products for "sale" yet they do not have it in hand to sell.
gets old fast.
it will only lead to trouble in some fashion. this is bitcoin after all. i will let it play out and others
can reap the rewards for the risk. I will mine my gpus into the ground.
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mpradeep
Member
Offline
Activity: 86
Merit: 10
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September 05, 2012, 04:22:14 AM |
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Well said fcmatt,
Till two days back i see people selling FPGA miners for 1069$ which gives 800-850MH/s.
Now all of a sudden they are saying that they will give ASIC 27GH/s miner for the same 1069$.
a 30X increase overnight. I have plans to buy a FPGA miner, but after seeing the news i am completely opting out
They dont have a prototype and complete specs. Pretty sure they are not going to deliver that
Even if i am completely wrong and those ASIC guys deliver what they said they will deliver. It will still be same as today for those who brought those ASIC miners as they will have the todays equivalent (FPGA's) because of difficulty peak. (may be those who test the product itself will increase the difficulty rate so that by the time it first falls into the hands to customers difficulty would have peaked)
In either case i dont see a point in buying irrespective of ASIC guys delivering or NOT
Like to hear a counter argument
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crazyates
Legendary
Offline
Activity: 952
Merit: 1000
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September 05, 2012, 04:24:55 AM |
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Well said fcmatt,
Till two days back i see people selling FPGA miners for 1069$ which gives 800-850MH/s.
Now all of a sudden they are saying that they will give ASIC 27GH/s miner for the same 1069$.
a 30X increase overnight. I have plans to buy a FPGA miner, but after seeing the news i am completely opting out
They dont have a prototype and complete specs. Pretty sure they are not going to deliver that
Even if i am completely wrong and those ASIC guys deliver what they said they will deliver. It will still be same as today for those who brought those ASIC miners as they will have the todays equivalent (FPGA's) because of difficulty peak. (may be those who test the product itself will increase the difficulty rate so that by the time it first falls into the hands to customers difficulty would have peaked)
In either case i dont see a point in buying irrespective of ASIC guys delivering or NOT
Like to hear a counter argument
Just do what I'm doing: Buy BFL Singles, a known and popular FPGA, and then when the ASIC comes out, just buy upgrades to the 40GH/s units. |
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mpradeep
Member
Offline
Activity: 86
Merit: 10
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September 05, 2012, 04:31:17 AM |
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Not when their lead times are 70-90 days. Even 4 weeks is also a big lead time for me
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crazyates
Legendary
Offline
Activity: 952
Merit: 1000
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September 05, 2012, 04:42:14 AM |
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Not when their lead times are 70-90 days. Even 4 weeks is also a big lead time for me
Their lead times are now just about a month, according to recent figures. Even the MMQ had lead times around 4 weeks. |
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Lethos
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September 05, 2012, 09:18:31 AM |
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They are a small but reputable FPGA provider, done a good job so far.
It's sad they choose to go the pre-order route of purchase with all the bad feelings BFL gets for doing it.
The one positive is there is an increase in competition in ASIC.
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muyuu
Donator
Legendary
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Activity: 980
Merit: 1000
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September 05, 2012, 09:28:15 AM |
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It's really annoying that nobody seems to have them ready to ship, but they will take orders 2+ months in advance despite the risk of missing the reward halving.
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GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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Puppet
Legendary
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Activity: 980
Merit: 1040
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September 05, 2012, 10:01:27 AM |
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It's really annoying that nobody seems to have them ready to ship, but they will take orders 2+ months in advance despite the risk of missing the reward halving.
Its because of those risks and the risk of other ASICs coming out earlier or taking preorders earlier. Its understandable from the supplier POV; if you wait until november or maybe even december and you have shelves full of products ready to ship before taking orders, you may find the market saturated already by one of the other vendors, difficulty above 100M and prices in the toilet. Preorders is selling this risk to customers. BFL started it, others have no choice but follow. There are now 4 asic producers saying they will have product this year. Its a big gamble, not everyone will win. I think most will lose. |
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