BFL shipped their first single

[erk]

Terahash is already the new Gigahash. 

what comes after Tera?

Petahash, someone already registered that domain.

[1714476600]

1714476600

[1714476600]

1714476600

[cryptograd]

Propaganda

[roy7]

If it gets to the point BFL devices aren't profitable vs the cost of electricity, I'm not sure there's any possible option left to mine for profit.

[PuertoLibre]

If it gets to the point BFL devices aren't profitable vs the cost of electricity, I'm not sure there's any possible option left to mine for profit.

Would anyone be happy to buy shares on my ASIC?

I'd guarantee 10cents for every share. LOL.

[Amph]

I consider profitable anywhere from 7 to 9 bitcoins per day. Not 1.

If you don't keep upping your hashrate, you just keep earning less and less each day.

Right now, you need a good 400GH/s to earn 7 to 9 bitcoins per day. Imagine by August. Current ASICS are way overpriced. There is either going to be a huge drop in prices soon or a major disatisfaction from miners earning less than 1 btc per day. (Of course, for previous GPU owners that is an amazing amount of cash for them)

this is exaggerated, earning 1 a day, is respectable, we are talking about $3000 in one months at current price
the problem is the initial investment
if you can mantain  this ratio: 3btc/5ghs/10M difficulty then it is possible to buy the next asic , stay in the racing game and make profit

[YipYip]

Interesting part here is of course what speed they can keep on backlog. If they manage to bring all product lines up to par with current Jalapeño shipping speed (clearing a month of backlog in 4 days as of latest update) it may actually be a viable proposition to buy a SC or Sac Single even straight off the website. $1200 for 25 gh/s with delivery in say late August seems like it could actually be a ROI positive proposition.

Thats total bullshit !!!!!!!!!!!

They have done 6 weeks in 3 weeks do the math fuck stick !@

[one4many]

Terahash is already the new Gigahash. 

what comes after Tera?

Peta = 1000 x Tera

http://en.wikipedia.org/wiki/Binary_prefix

[PuertoLibre]

I consider profitable anywhere from 7 to 9 bitcoins per day. Not 1.

If you don't keep upping your hashrate, you just keep earning less and less each day.

Right now, you need a good 400GH/s to earn 7 to 9 bitcoins per day. Imagine by August. Current ASICS are way overpriced. There is either going to be a huge drop in prices soon or a major disatisfaction from miners earning less than 1 btc per day. (Of course, for previous GPU owners that is an amazing amount of cash for them)

this is exaggerated, earning 1 a day, is respectable, we are talking about $3000 in one months at current price
the problem is the initial investment
if you can mantain  this ratio: 3btc/5ghs/10M difficulty then it is possible to buy the next asic , stay in the racing game and make profit

Again, if you are a GPU miner going to an ASIC that is going to be acceptable.

I went directly to an ASIC so my views of what is respectable profit is obviously different. I earned 9btc just two days ago from trading alone. From the ASIC about 3 or 4 BTC in that same day. If I were sticking to only one pool it would have been closer to 2 BTC.

I suspect GPU Miners moving into ASICs are going to settle for far less and perceive 1 BTC per day to be a "good" profit. Heck, Jally owners seem to be pretty happy to even get a quarter of a BTC every other day.

[Amph]

everything is relative of course, but still for the majority 1 btc per day is pretty good

[rammy2k2]

everything is relative of course, but still for the majority 1 btc per day is pretty good

yup, i agree