Someone would like to buy 3 Radeon 6990s from me in the next hour, for $350 each, for mining.
Score!
If i sell these 3, I'm going to buy 2 7970s,
Doh! Why?
What do you guys think and what would you consider the best course of action to be?
Do you think all that ASIC talk is just a bunch of bullshit? These are chips that are in production now and will be doing many tens of TH/s and soon maybe hundreds of TH/s as well. All the GPUs and FPGAs combined doing mining today are doing just a couple tens of TH/s now. Miners earn proportiional to their hashing contribution. That means GPUs and FPGAs are about to get maybe just a half or a quarter of the bitcoins compared to what they do now. Or less even.
I hope I don't come across like Michael Shannon (below) but seriously dude, THERE'S AN ASIC STORM COMING, LIKE NOTHING WE HAVE EVER SEEN.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwXtJI42.png&t=663&c=0A4AVhpXNVmK_w)
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http://www.youtube.com/watch?v=ey1Z0VhAQdA