Am I crazy? 550btc for Asics Hardware

[michelet]

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

[joesmoe2012]

That's a lotta coin. Good luck, and welcome to the forms.

[Pure-Gold]

I'm waiting to the DIY version 

[jasonmaar]

I hope you don't feel like i'm hijacking your thread, but more like suggesting an different viewpoint...

Can you answer the question: "Why don't you just invest in BTC companies and purchase the m/hash you want" This way you pay the same rate but your risk is spread over everybody"

I come from a pure financial background, and "where I'm from" (lol) people price the reduced risk in numbers into the item they're selling. Not happening so much with BTC. Only "smart" reason I can see, is that they are mostly small companies trying to gain popularity by heralding an honest business model along with enticing ROI

[Hei_]

u are crazy lol

[joesmoe2012]

I hope you don't feel like i'm hijacking your thread, but more like suggesting an different viewpoint...

Can you answer the question: "Why don't you just invest in BTC companies and purchase the m/hash you want" This way you pay the same rate but your risk is spread over everybody"

I come from a pure financial background, and "where I'm from" (lol) people price the reduced risk in numbers into the item they're selling. Not happening so much with BTC. Only "smart" reason I can see, is that they are mostly small companies trying to gain popularity by heralding an honest business model along with enticing ROI

I agree that it makes economical sense, but every legit company I've found selling hash power has been too expensive.

[callezetter]

Its all about beeing first with ASICS. Once they take over the mining pool, the difficulty to make BTC will rise
so far that all other ways of making coin will vanish over time.

[hdclover]

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

gratz u just got scammed.

[Hei_]

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

gratz u just got scammed.

tought so also

when he had the hardware now ready to hash he needed 76 days to payback
till every unit arives you can say goodbye