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Author Topic: Expirienced Miners: How Are You Currently Procuring Your Rigs?  (Read 1157 times)
Sage
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March 19, 2013, 11:02:20 AM
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If I'm going to invest heavily in mining equipment over the next few months what do you suggest we invest in and from who?

...And what about building rigs?  If we are in this for the long-haul is it worth the time in your opinion?

Thanks
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RaTTuS
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March 19, 2013, 11:05:17 AM
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investing in mining rigs currently you will need to spend on asic's - it is not worth buying gpu's now just use them if you have them

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

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March 19, 2013, 11:26:46 AM
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Avalon is the only game in town right now.

Butterfly Labs is a maybe. It will be the more efficient product, if they can get it to work.




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March 19, 2013, 02:31:19 PM
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Butterfly Labs is a maybe, but will be the more efficient product, if they can get it to work.
They've already said the chips are confirmed to have worked, and with a high success rate. It's not IF they can get it to work, but WHEN they can can get the boards out the door.

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Gator-hex
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March 19, 2013, 03:18:42 PM
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They've already said the chips are confirmed to have worked, and with a high success rate. It's not IF they can get it to work, but WHEN they can can get the boards out the door.

I know they were testing the new chips, but it all went quiet, you seen any independent proof it works yet?

Last BFL ASIC announcement was 15th March
https://forums.butterflylabs.com/announcements/692-bfl-asic-status-2.html


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March 19, 2013, 03:48:41 PM
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They've already said the chips are confirmed to have worked, and with a high success rate. It's not IF they can get it to work, but WHEN they can can get the boards out the door.

I know they were testing the new chips, but it all went quiet, you seen any independent proof it works yet?

Last BFL ASIC announcement was 15th March
https://forums.butterflylabs.com/announcements/692-bfl-asic-status-2.html



Well, if they were about to ship ASICs half a year ago "in 4 to 6 weeks" why would this recent accouncement of "working chips" be any different from the past? Plenty of broken promises so far.

Currently Avalon is the best you can count on on the BTC side, but even that is surprisingly hard to buy while there are so many willing buyers for it. There shouldn't be lack of cheap labour in China so the productions should be ramped up like crazy while they still can sell it  Grin
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