Bitcoin Computer (OP)
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March 27, 2013, 05:28:51 AM |
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So I keep hearing all this about Butterfly and Avalon and just dove in and bought 2 85 Gh/s.... I do understand the risk and the issues and the yelling I will hear from this... BUT this is from the profit I made as I bought 800 BC at $35 and sat on them until today! Soooooooooo I just transferred the other half in my bank account and called it a wrap! I know there are many factors involved with the mining process for the outcome as difficulty and other things but even tho they were 100BTC each do you think they will pay for them selves in time? Would like to know your opinions! Thanks Victor PS - They were free in my eyes  |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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goxed
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Bitcoin / Crypto mining Hardware.
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March 27, 2013, 05:36:20 AM |
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Why do u say they were free?
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Revewing Bitcoin / Crypto mining Hardware.
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🏰 TradeFortress 🏰
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👻
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March 27, 2013, 05:38:09 AM |
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Why do u say they were free?
Maybe because he thinks he'll make them back? (or buy ASICMINER shares) |
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Tea, Towels, Vogons etc.
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March 27, 2013, 05:53:23 AM |
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Well, i think you made a smart choice. Avalon is legit and they deliver. The founder is dedicated to the idea of bitcoin and decentralized cryptocurrencies, and this recent interview with Yifu Guo pretty much explains why they're kicking BFL's and everyone else's ass right now: http://motherboard.vice.com/blog/engineering-the-bitcoin-gold-rush-an-interview-with-yifu-guo-creator-of-the-first-asic-based-minerBasically, a bird in hand is worth two in the not-even-prototype-yet bush, and a good plan executed now (while the difficulty is still relatively low for ASICs) beats the "perfect plan" executed late (or never?). My understanding from looking into the BFL situation and hearing all sides of the story is that BFL's customer service does not engender trust from its investor's who've been waiting for months with little communication and no evidence that there is even a working prototype. |
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Bitcoin Computer (OP)
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March 27, 2013, 07:00:34 AM |
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Why do u say they were free?
Because he sold enough BTC to return his initial purchase and he still had enough to buy the miners.  EXACTLY! I do hope these awesome things work!!!! |
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__/
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March 27, 2013, 07:17:16 AM |
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How come you just joined up here, you've obviously been a miner for a while... ??
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noel
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March 27, 2013, 07:20:37 AM |
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Well, i think you made a smart choice. Avalon is legit and they deliver. The founder is dedicated to the idea of bitcoin and decentralized cryptocurrencies, and this recent interview with Yifu Guo pretty much explains why they're kicking BFL's and everyone else's ass right now: http://motherboard.vice.com/blog/engineering-the-bitcoin-gold-rush-an-interview-with-yifu-guo-creator-of-the-first-asic-based-minerBasically, a bird in hand is worth two in the not-even-prototype-yet bush, and a good plan executed now (while the difficulty is still relatively low for ASICs) beats the "perfect plan" executed late (or never?). My understanding from looking into the BFL situation and hearing all sides of the story is that BFL's customer service does not engender trust from its investor's who've been waiting for months with little communication and no evidence that there is even a working prototype. GrGreat story if one person can do it why can't others? I really feel sorry for all the folk who have been taken for a ride with butterflylabs. But I also hope that they do deliver on their promises from what i understand if they had brought BTC to the value at the time of ordering and held them they would be worth a hell of a lot now. |
My Bitcoin Address is 1A2WeFuxL2WuyoqNAYqKx4P2a5YieYaunp
Donate Please.
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11bits
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March 27, 2013, 08:20:57 AM |
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is batch #3 now available for pre-order? I noticed the site seems to be working, as the shopping cart wasn't working properly the other day..
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Minlukaz
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March 27, 2013, 08:32:37 AM |
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is batch #3 now available for pre-order? I noticed the site seems to be working, as the shopping cart wasn't working properly the other day..
The pre orders technically sold out 30 mins after they were announced.. but some people don't complete their order and the system opens them up again. Thus allowing new orders to come through. Looks like as of 1:33am PST they are closed again, though. |
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11bits
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March 27, 2013, 08:48:05 AM |
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is batch #3 now available for pre-order? I noticed the site seems to be working, as the shopping cart wasn't working properly the other day..
The pre orders technically sold out 30 mins after they were announced.. but some people don't complete their order and the system opens them up again. Thus allowing new orders to come through. Looks like as of 1:33am PST they are closed again, though. wow..dayyummm I received one email from asic regarding batch 3 but they didn't announce it was open? when/where did they make the announcement? I just checked the site (7:48pm AEST), says out of stock, though it didn't say that earlier today.. |
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MagicBit15
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Let's Start a Cryptolution!!
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March 27, 2013, 09:40:23 AM |
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The thing I do not understand is why only these two campanies can make these asic's. And why would they sell them?
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torzsy
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March 27, 2013, 09:44:43 AM |
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Ordered a BFL too, hope it arrives in time.  Have luck and mine a lot! |
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Jaw3bmasters
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Another block in the wall
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March 27, 2013, 10:38:04 AM |
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The thing I do not understand is why only these two campanies can make these asic's. And why would they sell them?
Because they initially got funding from the community. |
In Cryptography we trust.
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Tea, Towels, Vogons etc.
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March 27, 2013, 04:08:24 PM |
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The thing I do not understand is why only these two campanies can make these asic's. And why would they sell them?
Because they initially got funding from the community. Yeah, keyword there being "COMMUNITY" Using pre-order money to fund R&D probably wouldn't have worked in any other community. Bitcoin people are awesome. I just hope people get what they pay for. |
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btc2cards
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March 27, 2013, 04:16:17 PM |
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The thing I do not understand is why only these two campanies can make these asic's. And why would they sell them?
The last question is exactly what I don't understand about this two companies. |
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Jaw3bmasters
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Another block in the wall
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March 27, 2013, 05:03:28 PM |
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That was the agreement.
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In Cryptography we trust.
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ffernandex
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March 27, 2013, 05:42:08 PM |
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I'm sad, I wasn't aware that third batch was already sold out...
What options are left? buy ASCIMiner shares?
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If you like my posts, feel free to donate!
BTC: 1L1S4wG5TNJZSX9VG3vkk2er76YHihz3Kg
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Omen1855
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Bitcoin Entrepreneur
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March 27, 2013, 06:30:11 PM |
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They were indeed a great deal, as long as you have faith in the Avalon team (as I do). Congrats to you as well.
I wanted to add mine to the list, but as am a 'newbie', I am not allowed to.
I ordered
- 4 @ 85 Gh/s (#9162)
- 2 @ 65 Gh/s (#4965, #6105)
All shipped with DHL to Belgium.
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Affiliation code wTksie2mDj for a 10% discount on your trading fees on BitFinex |
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Bitcoin Computer (OP)
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March 28, 2013, 02:27:55 AM |
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How come you just joined up here, you've obviously been a miner for a while... ??
This is not true. The only coins I have mined are the ones that have lint coming out of my pocket. I am 1000% new to this (20 days or less) I just evolve quickly to new things. No worries. Thanks |
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