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Is buying an ASIC even worth it?
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Topic: Is buying an ASIC even worth it? (Read 1404 times)
pixel
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x1 7970 | Aprox. 587 kh/s
Is buying an ASIC even worth it?
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 ;_;)
Frizz23
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Re: Is buying an ASIC even worth it?
April 12, 2013, 04:12:36 AM
#2
Quote from: pixel on April 12, 2013, 04:06:49 AM
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.
Quote from: Frizz23 on April 09, 2013, 08:40:18 PM
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.... "
Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
Epicblood
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Re: Is buying an ASIC even worth it?
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.
1AbYgR1FspHBB5EqyaxX6MrT6jmc7eMVEQ
Looking for Scrypt miner for ML605
Revolutionary MoneyMaking! Build your own cloud miner!
Frizz23
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Re: Is buying an ASIC even worth it?
April 12, 2013, 04:43:06 AM
#4
Quote from: Epicblood on April 12, 2013, 04:16:08 AM
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.
Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
allinvain
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Re: Is buying an ASIC even worth it?
April 12, 2013, 04:45:45 AM
#5
You mean two months, right?
Binance - where I trade. Funds are SAFU!
Epicblood
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Re: Is buying an ASIC even worth it?
April 12, 2013, 04:47:41 AM
#6
Quote from: Frizz23 on April 12, 2013, 04:43:06 AM
Quote from: Epicblood on April 12, 2013, 04:16:08 AM
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.
1AbYgR1FspHBB5EqyaxX6MrT6jmc7eMVEQ
Looking for Scrypt miner for ML605
Revolutionary MoneyMaking! Build your own cloud miner!
Frizz23
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Re: Is buying an ASIC even worth it?
April 12, 2013, 04:54:01 AM
#7
Ξtherization⚡️First P2E 2016⚡️🏰💎🌈 etherization.org
Wayne_Chang
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Re: Is buying an ASIC even worth it?
April 12, 2013, 05:10:12 AM
#8
Quote from: Frizz23 on April 12, 2013, 04:54:01 AM
8)HAHA!Good joke! They always delay!
DrG
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Re: Is buying an ASIC even worth it?
April 12, 2013, 05:14:15 AM
#9
Quote from: Frizz23 on April 12, 2013, 04:43:06 AM
Quote from: Epicblood on April 12, 2013, 04:16:08 AM
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?
datguyian
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Re: Is buying an ASIC even worth it?
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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BUY LLN
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nathanrees19
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Re: Is buying an ASIC even worth it?
April 12, 2013, 09:07:46 AM
#11
Quote from: datguyian on April 12, 2013, 05:29:33 AM
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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