Alright, I'm getting a Jalapeno [QUESTIONS]

[EfficientSystems]

I don't think BFL is going to deliver and if they do it'll be way out of spec and really late. You should consider the new USB miners on the market instead or if not then maybe take a look at the offerings my group is making soon.

[suprabitz]

for sure, BFL says they will catch up on all backlogs within 2 months (which will probably turn into 4). So why spend $275 and get delivered about 2 weeks earlier than the in-stock buyers when you can buy a $275 GPU now and break even in about 3-4 months. At least you can resell a GPU when it stops paying, but ASIC miners can only do 1 thing.

[BigPimpinSpendinCoins]

I'm viewing my April 2013 order of 1 jalapeno as a device I can learn to mine on.  It will be the first device of many in my farm.  Everyone has to start somewhere.

[digital_gold]

I ordered a Jalapeno and I'm not expecting it to arrive any time soon, maybe before the new year.  By then the difficulty will be pretty high, and I don't imagine I'll break even on it for quite awhile, but it's a fun idea and I look forward to playing around with it.

[Kuroth]

BFL Says all Back orders should be filled in 90 days... (will see if it really happens but they are shipping more and more each day)

Lets say if Diff is 100,000,000 in 90 days, which I doubt it will be that High(My Estimate is 100,000,000 by Nov 2013)

At 100,000,000 My 4  7 MH will get about $480 per month...  I can live with that..  But yes it is a gamble and cutting it close..

Congrats to all those who took a chance and ordered last June..  They and doing real well right now..

[Thedovahkiin909]

Alright, now I'm getting this one:
https://products.butterflylabs.com/homepage/25-gh-s-bitcoin-miner.html
No matter the difficulty of BTC.

How fast is mining getting harder? Like, if I bought that 2 months from now, how much would it make compared to now?

[Rampion]

The fact that BFL is endlessly sucking in fresh money from poor noobs it's upsetting indeed.

I hope sooner or later Theymos gets up one day and says... "WTF, screw them!" And just removes their ads.

[Thedovahkiin909]

If you really want to get started on $600, buy two 7950 GPUs and put them in your existing computer (it can't be any worse than the old P4 I'm using for mining). They'll break even before you ever get an ASIC that you order today.

Lol, they wouldn't even fit in my case! I was using the $600 to buy a new computer for gaming.

I'm going to put together a Bitcoin mining PC build, and put it through y'all and see what you think. Bit it seems that ASIC is the way to go.

[rpg]

nothing goes up in a straight line. bitcoins bubbled and will eventually crash hard. Remember you need new money into the system to maintain the current levels as most miners rush to cash in their coins. They are in fact taking money from the system that needs to be replaced with new money. As more large ASIC's go live the problem will only grow bigger.  I can't guess where bitcons will end up trading, but it will not be pretty. This in return will shut down many mining operations, ASIC or GPU, that will lower the difficulty until a new world event will bring new scared money and the process starts all over again. So plan ahead, byte the dark days that are coming, when miners jump ship is the time to jump in. Run a mining operation at a loss, it may take awhile to cash in your bitcoins for a handsome profit, but I can assure you it will happen. I suspect within 6 month to a year you'll see ASIC's being dumped on Ebay. All IMO

[J35st3r]

BFL Says all Back orders should be filled in 90 days... (will see if it really happens but they are shipping more and more each day)
Lets say if Diff is 100,000,000 in 90 days, which I doubt it will be that High(My Estimate is 100,000,000 by Nov 2013)
At 100,000,000 My 4  7 MH will get about $480 per month...  I can live with that..  But yes it is a gamble and cutting it close..
Congrats to all those who took a chance and ordered last June..  They and doing real well right now..

Are you sure you did the math right? Using the calculator http://coinish.com/calc I get $3.09 (0.028BTC) per day at diff 100,000,000 for 5.5GHash/sec Jalapeno (ref https://bitcointalk.org/index.php?topic=227101.0 which is a nice post). That's a lot less than $480 per month. Don't forget to play with expert mode to see the effect of difficulty rise on ROI.

I agree with your last point, the early orders will make a killing, just not anyone ordering today.

[Edit]Or maybe you meant to say you've ordered four BFL 7GHash/sec (the upgrades). That would be about right for $480/month (but you'' still need to account for difficulty rise in ROI calculation). How much did you pay for them?