Good - more Bitcoins for me and my GPU's!
Interesting that not selling gpus for asic seed money to be first in line might end up being the best play. It is almost 6 months of mining now since bfl started taking orders while the price has been great. Asics might come out in a rush and we can still get them right after everyone else does who ordered months ago give or take a month or so. Only a lucky few can make upto 6 months of mining in days/weeks.
More interesting, that's exactly what I did. I sold all my GPU's, with exception of the two that are in computers that I use for other purposes besides mining. I have a first-day preorder with BFL.
That is about the only play that made sense. I have not done the math yet but the last 6 months have been pretty good to me. To have ordered 3 months ago lets say... Might be a very poor move instead of just keep on keep on with gpus.
To be fair, I had 3 singles that I sold for $805/ea a couple days before the BFL announcement (when they just announced that they were going to announce it in a couple days), and used those funds to secure the two ASICs. If I had continued mining on those singles, I would have had a nice chunk of change by now. I sold them on 6/19. Difficulty has roughly doubled since then. Using a very inexact calculation of 2 months at half the current difficulty, and 2.5 months at the current difficulty, and 0.5 months at the current difficulty with the 25 BTC reward, and knowing that each of those singles ran 862 MH/s, I get a total of $2,286.22 that I could have made by now if I had kept them.
On the downside, they aren't worth as much anymore. I sold mine for $850/ea. Today, I'd be lucky to get $450 each. So that's a $1,200 drop in value, bringing the difference down to $1086.22.
On top of that, I wouldn't have had a first-day preorder of BFL's ASICs if I hadn't sold them.
The question remains, will having two of the first BFL ASICs net me at least $1,086 more than I would have vs ordering two ASICs today? I certainly believe it will, but only time will tell...
