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Author Topic: Is buying an ASIC even worth it?  (Read 1325 times)
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April 12, 2013, 04:06:49 AM
 #1

I'm hearing alot about how when ASIC's get in the hands of alot of miners the profitability will just plummit as it did (or is) with GPU mining. No body seems to even be shipping yet but with people like BFL selling 5 gh/s units for about $275 its tempting.

What do you all think and/or recommend?

Currently Mining: Litecoin, Xencoin, and Worldcoin (Just because its fun!, don't yell at me ;_;)
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April 12, 2013, 04:12:36 AM
 #2

No body seems to even be shipping yet but with people like BFL selling 5 gh/s units for about $275 its tempting.

Sell yes.
Ship no.

Nice find from Kelticfox here: https://forums.butterflylabs.com/pre-sales-questions/1709-browsing-bfl-facebook-page-made-me-chuckle.html#post23137
Thought I share this with you for giggles ...

Kelticfox: I was linked to the BFL Facebook page today and was flicking through the old posts and this made me chuckle.....

20th September 2012


27th November 2012


13th December 2012


18th January 2013


22nd January 2013


22nd January 2013


26th February 2013


26th February 2013


Made me chuckle.... got to the 26th February and BFL are like "Screw it.... "


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April 12, 2013, 04:16:08 AM
 #3

I thought the 5 GH/s seemed tempting too, even if just for the hell of it as it probably won't get much profit, and I would buy it, that is if they shipped and I knew for a fact that I wouldn't have to wait more than a month for my purchase to arrive.

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April 12, 2013, 04:43:06 AM
 #4

I thought the 5 GH/s seemed tempting too, even if just for the hell of it as it probably won't get much profit, and I would buy it, that is if they shipped and I knew for a fact that I wouldn't have to wait more than a month for my purchase to arrive.

They are going to ship in two weeks.

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Decentralized
freelancing market
  Fully scalable dispute system  .......        ✔︎ 
  Low fees, no limits task market .....      ✔︎ 
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Follow us & check. whitepaper.
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April 12, 2013, 04:45:45 AM
 #5

You mean two months, right?

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April 12, 2013, 04:47:41 AM
 #6

I thought the 5 GH/s seemed tempting too, even if just for the hell of it as it probably won't get much profit, and I would buy it, that is if they shipped and I knew for a fact that I wouldn't have to wait more than a month for my purchase to arrive.

They are going to ship in two weeks.
they've been saying that for a long time my friend, I'll believe it when I see it.

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April 12, 2013, 04:54:01 AM
 #7


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Decentralized
freelancing market
  Fully scalable dispute system  .......        ✔︎ 
  Low fees, no limits task market .....      ✔︎ 
  Earn money by being a reviewer     ✔︎ 
Follow us & check. whitepaper.
.
Website     Announcement     Twitter     Facebook
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April 12, 2013, 05:10:12 AM
 #8


8)HAHA!Good joke! They always delay!
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April 12, 2013, 05:14:15 AM
 #9

I thought the 5 GH/s seemed tempting too, even if just for the hell of it as it probably won't get much profit, and I would buy it, that is if they shipped and I knew for a fact that I wouldn't have to wait more than a month for my purchase to arrive.

They are going to ship in two weeks.

Earth weeks or Jupiter weeks?

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April 12, 2013, 05:29:33 AM
 #10

Man I'm really glad I ran across this forum before I bought a shit load of jalapenos. Because I was about to, as their webpage looks plenty legit and all that good stuff. And then I started reading more about bitcoin and eventually found this forum. And also found out that BFL is a joke from what I've read.


I'm sorry... company's have their issues, but if you are not absolutely sure you can deliver when you say you can deliver, don't take orders. Even if they do deliver (I'm thinking by the end of the year they may have something to deliver... if not then they're sitting on their private island that they purchased with everyone's pre-order money), for me it's a principal of not wanting to do business with someone that can't keep their word. A week or two would be an understandable delay, not months.


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nathanrees19
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April 12, 2013, 09:07:46 AM
 #11

Man I'm really glad I ran across this forum before I bought a shit load of jalapenos. Because I was about to, as their webpage looks plenty legit and all that good stuff. And then I started reading more about bitcoin and eventually found this forum. And also found out that BFL is a joke from what I've read.

They're definitely late as all fuck.
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