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southerngentuk (OP)
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May 20, 2013, 05:43:59 AM
 #1

Well i`ve been lurking for a while, and just signed up as am looking into my first Asic. So hello to you all..

SUGAR
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1714784764
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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paulthetafy
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May 20, 2013, 05:57:28 AM
 #2

ASIC?  you would be joining the back of a very long queue!!
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May 20, 2013, 06:05:43 AM
 #3

Which ASIC are you looking into?

Edit: And welcome!  Cheesy
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May 20, 2013, 08:14:38 AM
 #4

You can order only BFL as far as I know, but in discussion i see some people waiting almost 1 year  Grin

So I dont think it is worth
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May 20, 2013, 08:21:39 AM
 #5

Welcome to the forum Smiley Good luck getting an ASIC! I would spend some time reading about BFL on bitcointalk before placing an order, you'll be in for a looooong wait. Might be better waiting for the next available batch from Avalon. Smiley

FREE BITCOIN ! ---> FreeBitco.in (Faucet + Multiplier) <--- FREE BITCOIN !
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May 20, 2013, 08:50:48 AM
 #6

Just thought I'd say, Hello Tongue
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May 20, 2013, 09:03:46 AM
 #7

Well i`ve been lurking for a while, and just signed up as am looking into my first Asic. So hello to you all..

Likewise! greetings to you all..
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May 20, 2013, 09:12:47 AM
 #8

Welcome  Smiley
roundmaster
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May 20, 2013, 11:37:35 AM
 #9

Welcome.
madkind
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May 20, 2013, 11:52:39 AM
 #10

Asic is too risky. I still think that buying gpus is okay, since you can actually sell them, while I can imagine that ASICs will lose their value in a year.
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May 20, 2013, 12:02:27 PM
 #11

I feel FPGA chips are the way to go if you can get one relatively cheaply rather than spend money on an ASIC machine you might not get for a year, only reason I haven't jumped into the queue, don't know how long the wait will actually be.

 Undecided I wonder if there's any updates on that by the way...

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May 20, 2013, 12:16:07 PM
 #12

I was seriously considering buying one as well until I read around here about the long waits Sad So I put my money into ASICMiner shares, already paying off Smiley
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May 20, 2013, 12:46:23 PM
 #13

buy 7970 GPU and you can sell it one or two year later.
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May 20, 2013, 12:53:32 PM
 #14

I too was interested in asic but then found out its a pipe dream. Just made my first rig with a 7970, slightly overclocked its hashing at 580
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May 20, 2013, 01:04:51 PM
 #15

Well i`ve been lurking for a while, and just signed up as am looking into my first Asic. So hello to you all..

Welcome to Bitcointalk!

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May 20, 2013, 01:12:12 PM
 #16

JTM29- can you share a link to the site where you invested in mining shares? thx-
JTM29
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May 20, 2013, 01:22:22 PM
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JTM29- can you share a link to the site where you invested in mining shares? thx-

Yep, I invest here https://www.havelockinvestments.com where you can buy 1/100th of a share in ASICM, currently trading at around BTC0.02. I bought about 50 at 0.014 about a week ago. Havelock is good as its a super simple interface, and there are no trading fees. Only a 0.0010 (i think) withdraw fee.

Check out this thread for info on the ASIC Miner https://bitcointalk.org/index.php?topic=99497.0
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May 20, 2013, 01:39:22 PM
 #18

JTM29- can you share a link to the site where you invested in mining shares? thx-

Yep, I invest here https://www.havelockinvestments.com where you can buy 1/100th of a share in ASICM, currently trading at around BTC0.02. I bought about 50 at 0.014 about a week ago. Havelock is good as its a super simple interface, and there are no trading fees. Only a 0.0010 (i think) withdraw fee.

Check out this thread for info on the ASIC Miner https://bitcointalk.org/index.php?topic=99497.0

investing in such things has never been my bag baby! learn it yourself and do it yourself, other people dont care about your money like you do
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May 20, 2013, 01:44:04 PM
 #19

Nice to meet you! Smiley
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May 20, 2013, 01:49:17 PM
 #20

Best bang for buck , hash/watt ratio and card price.

Gigabyte 7950 undervolted, my opinion tho gpu in bitcoin will be shortly lived, but can target other alt coins
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