ASIC Manufacturers Driving Difficulty

[JerimiahJohnson]

I personally think it's BS


I have been watching the ASIC scene for awhile and I have been watching the ASIC "manufacturers" for awhile

THe ASIC manufacturers arent going to get the "lucky few" who receive early delivery a chance to get rich - like you all are hoping

they are going to drive the difficulty up themselves and then ship - by the time any consumer gets an ASIC it will be the equivilent of what an FPGA is now.


I have a p4 on my roof running on a solar panel that gets a share accepted about every 4 days
i guess i took it literally when my mom told me there's no way to get rich quick

[mitty]

There are ways to get rich quick, but putting yourself at the end of BFL's preorder list isn't the way to do so.

And yeah, ASICs will become about as standard as FPGAs are now once they're more widespread.  They won't be special anymore once everyone has them.  But that's not necessarily a bad thing... just makes mining a more competitive business.

[--Kaizer--]

....my mom told me there's no way to get rich quick

I not listen to my mother

[01BTC10]

You should sale your P4 / solar pannel and buy BTC instead.

[Heathrow]

I wouldn't be surprised if BFL is happily farming away with machines folks have preordered.  They are a pretty sketchy group.  I just wish that Avalon would come out with batch three, so I could get in some farming.  They'll probably release that before BFL cleans up their act.  I'm on their mailing list, and their site is my homepage, so hopefully I'll know as soon as they release the third batch.

[JerimiahJohnson]

well I ordered a fairly large order in Batch 1 of Avalon - and I still have not received tracking number and I can no longer log into their store  - kinda sucks


and quite frankly makes me very nervous

[brekyrself]

I personally think it's BS


I have been watching the ASIC scene for awhile and I have been watching the ASIC "manufacturers" for awhile

THe ASIC manufacturers arent going to get the "lucky few" who receive early delivery a chance to get rich - like you all are hoping

they are going to drive the difficulty up themselves and then ship - by the time any consumer gets an ASIC it will be the equivilent of what an FPGA is now.


I have a p4 on my roof running on a solar panel that gets a share accepted about every 4 days
i guess i took it literally when my mom told me there's no way to get rich quick

With the current prices of btc, this would be very tempting by the asic manufacturers.  Perhaps they will label it as a "testing phase."

[iamrickrock]

I am kinda new to this I wish there were a way to get one right away, I think by the time everyone has a chance to get them it will be more difficult to make money. But then again the price per coin could keep rising along with the difficulty and mining would still remain profitable.

[JerimiahJohnson]

thats not going to happen because the price bubble we are in is driven by Avalon's "Batch" Releases.

People are hoarding coins to buy more Avalons and that's whats driving the value of the coin.

[zdnolson]

I thought the price went up because MtGox was moving to US.

[paul4now38]

How long will people wait before asking for a refund I think by the end of march let's see.

[MWNinja]

Price is going up because bitcoin keeps making major news such as forbes and cnn, this attracts new investors that bring in considerable fiat currency into the trade market.  Poor Mt Gox seems to be struggling to keep up, and there are big delays in trading particularly during peak hours.  Hopefully coinlab will help improve the situation, and not just make it worse by making BTC more accessible to speculators.