Is it worth it purchasing ASIC right now

[Hodgeman]

Is worth it to purchase ASICs right now?

[vcbvcbdrrr]

If you can get one in your hand in the next few weeks, yes. If you buy from BFL then no because they aren't shipping out much yet, and they're pretty much a scam. You have a better chance of making money by creating your own rig.

[Swimmer63]

You can do it. But if you pay $60/1GH/s you will need to have it in hand by Sept. 15 to break even.
This assumes the difficulty continues to increase at 18% for BTC every 2 weeks.
Here is an analysis I did for my BFL Jalapeño order.
https://docs.google.com/file/d/0B_tqfkR9Qrx0WVdmNmQzU1FzcEU/edit?usp=sharing

EDIT - FIXED LINK SO ANYONE CAN ACCESS.

[samsonn25]

BFL has the best value in terms of GH versus $ spent, except KC Miner but KC hasnt shipped any products yet, at least BFL has (FPGA in the past and slowly now with ASICS ordered last summer).

The problem is no one has units in stock, such a BIG scam by BIG COMPANIES  huh.  You could order or pre-order and be on a waiting list for 2-6- months from Avalon (oh remember they got caught recently by mining with customers machines for weeks or months before they shipped to them) , Terrahash, BFL, etc.   For units that people physically have they are selling for $500-700 per GH.

[lazydna]

no.
if you can get one on your hands, now. yes.
but all the asics are backordered and 2nd hand asics are being sold at prices that are razor thin margins.

and for gods sake, stop buying the USB miners, they will never ROI, unless you like donating money to ASICminer, by all means.

[IYFTech]

No.

[mbelshe]

If you're doing it for fun, do it!

If you're doing it to get rich, well, keep your expectations low.

Mike

[sam765]

If you're doing it for fun, do it!
If you're doing it to get rich, well, keep your expectations low.

Good point, I'm thinking starting but was worried about ROI. But just as a fun project (expensive though) might be worth it. As long as I can at least get the expense back, I would do it 

[Amph]

no, don't bother

[sam765]

To all saying "No" ... why ?  I understand the difficulty, but there should be a return on investment in 6 months or so, isn't it ?

[ElectricMucus]

Yes, it's worth it. You got the same responses in 2011 and they were not only dead wrong, but purposefully so. People saw their own profit margin diminishing and were starting to recommend: "No buy Bitcoins instead."
All in all: If you can get an asic, have the space to run it, and the nerves, do it. It's probably best to set a sell order at mtgox at the lowest price you are willing to sell and transfer the coins directly from the pool to the account.


haters gonna hate.

[mprep]

With the current difficulty no.