why does everyone rushes to buy ASIC?

[BBQKorv]

Investing in mining rigs is not so much math, BTC/USD(/EUR) value plays too much of a role in there for my liking. You just take a little change like a lottery and hope for the best on your investment returns.

[Bozza]

how much money can you make a day with a typical 60GH/s ASIC?
How long will it stay this good?

[niko]

why does everyone rushes to buy ASIC?

Not everyone is rushing. In fact, the majority od bitcoiners are not buying ASICs.

[andyfletcher]

Now ASIC mining rigs are out it doesn't make sense using other technologies.  Early adopters will get a better rate of return as the network hash rate starts to go up.  Eventually it will stabilise at some point based on total network hash rate, cost of equipment and electrical costs.

If you are a late adopter then you will either need to get really cheap equipment (everyone will be competing for it) or have really cheap power.

Here in Qatar power is cheap as we pay about USD $0.015 per KW so I guess it will make sense to use older and cheaper equipment over here and still hope to make a reasonable return.  I just have to wait for the cost of ASIC rigs to go down.

Andy

[bowen151]

A lot of people are using the wait and see approach due to the delays and companies going bust etc.

Although there's no denying that the early adopters are huge also.

[Korbman]

how much money can you make a day with a typical 60GH/s ASIC?
How long will it stay this good?

There are a number of sites that can calculate this for you. I use: http://tpbitcalc.appspot.com/

why does everyone rushes to buy ASIC?

Not everyone is rushing. In fact, the majority od bitcoiners are not buying ASICs.

When looking at the bigger picture, Niko is exactly right. The "rush" you're seeing isn't from the general public coming in to purchase equipment, it's from a few hundred of us dedicated miners here in this community.