What ASIC to go with for 2.5k? (Or less)

[precrime3]

The best option it seems right now is the BFL Monarch 600 GH. Current estimates show a ROI time period of 20 days, and 120 USD revenue daily. I heard that BFL has a bad track record, but it seems they  are trying to gain trust back, and shipping doesn't seem that long either, with customer support telling me by April, and the website telling march. Or should i just go with a litecoin rig?

[CanaryInTheMine]

The best option it seems right now is the BFL Monarch 600 GH. Current estimates show a ROI time period of 20 days, and 120 USD revenue daily. I heard that BFL has a bad track record, but it seems they  are trying to gain trust back, and shipping doesn't seem that long either, with customer support telling me by April, and the website telling march. Or should i just go with a litecoin rig?

OMG... Really??

Isn't there a mandatory reading for noobs before they're let out of noob-jail?
There should be.

[precrime3]

Im confused...

[Flying Hellfish]

Im confused...

This might help a bit.

http://www.urbandictionary.com/define.php?term=bfl

If you buy a Monarch you will get BFL'd!!!!!!!

[GenTarkin]

probably antminers =)

[ChuckBuck]

With Butterfly Lab's history you're really looking at May:

http://thegenesisblock.com/mining/a/bd12372b07

I think the red numbers should dissuade you from making that purchase.

[precrime3]

With Butterfly Lab's history you're really looking at May:

http://thegenesisblock.com/mining/a/bd12372b07

I think the red numbers should dissuade you from making that purchase.

Thought difficulty increase was typically 15%? Why 63?

[ChuckBuck]

With Butterfly Lab's history you're really looking at May:

http://thegenesisblock.com/mining/a/bd12372b07

I think the red numbers should dissuade you from making that purchase.

Thought difficulty increase was typically 15%? Why 63?

You're not serious right?  15% increase between now and May?  Next jump in a few days is probably around 18%:

http://bitcoindifficulty.com/

[Blazed]

Don't buy any ASIC's is best route... Buy some coins with that money and hold.

[joshv06]

All of these new people wanting to get in when it's too late. Go buy some Block Erupters.

[Flying Hellfish]

All of these new people wanting to get in when it's too late. Go buy some Block Erupters.

You know you're 100% right, too bad for him he wasn't around when HashFast was selling miners for 50+BTC that when finally delivered will be lucky to mine half of those back even with the MPP like oh sooooooooooo many hero and senior members did...

[joshv06]

Getting a good ASIC company is hit or miss. We've all seen other companies come and go, and some fail miserably. Would going with HashFast, Avalon, BFL sound crazy at the time? Looking at the numbers of customers, no. Would it look crazy now? Yes.

We can't tell the future. It's a gamble at this point, always has been. KNC is the best bet. Buying and Hodling Bitcoins is better.

I just wish the GPU days lasted longer where we would have real democracy in the network. Now ASIC companies own Bitcoin and there's no turning back.

[jjiimm_64]

The best option it seems right now is the BFL Monarch 600 GH. Current estimates show a ROI time period of 20 days, and 120 USD revenue daily. I heard that BFL has a bad track record, but it seems they  are trying to gain trust back, and shipping doesn't seem that long either, with customer support telling me by April, and the website telling march. Or should i just go with a litecoin rig?

If you must buy a miner instead of just buy and hold btc..

antminer                  1.45btc  180Gh sha256 delivered in about 1.5 weeks
scrypt rig  4* 280x    ~2200usd  2400kh delivered in days

[precrime3]

Anyone know if these guys are legit? http://zeusminer.com/s-flex-6mhs/
IF you plug  in 6000 khs in a calculator at current difficulty, ROI is little over a month, pulling in 1.3k profit monthly. Same thing for there 30 Mh/s version, pulling in 6.5 k at current difficulty. IF assuming they do ship at end of q2 2014, I still think it could hold its ground at what ever difficulty it is at. Deposits are refundable, and they accept major credit cards (wow refreshing) and not just bitcoins and wire transfers (THANK LORD)

[jjiimm_64]

Anyone know if these guys are legit? http://zeusminer.com/s-flex-6mhs/
IF you plug  in 6000 khs in a calculator at current difficulty, ROI is little over a month, pulling in 1.3k profit monthly. Same thing for there 30 Mh/s version, pulling in 6.5 k at current difficulty. IF assuming they do ship at end of q2 2014, I still think it could hold its ground at what ever difficulty it is at. Deposits are refundable, and they accept major credit cards (wow refreshing) and not just bitcoins and wire transfers (THANK LORD)

take my advice and do NOT preorder anything

BFL preorder.....  waited over 1 year
HF preorder.....  waited 6 months.. still no refund from a registered US company....  nough said

edit:  cointerra preorder....  still waiting..should get something in april...maybe

[jermwerty]

Dude this is a no brainer.

ANTMINERS are 1.45BTC.  

WAIT LETS SAY THAT AGAIN.

1.45BTC.  With $800 coins thats like $1200 including a $40 Corsair TX650 off eBay.  For 200GH (these OC to that easy all day long on any PS half-worthwhile).  Starts shipping in 2 days.

Grab two.  $2400.  400GH.  Only 800W draw means its like a little heater for the pair, no big deal.  

Just think about it this way:  a HASHFAST PREORDER cost what, $5600?  400GH for that too.  Sure it uses less power but IT COST TWICE AS MUCH!

---->  Preorders are dead.

[pedrosoft]

Dude this is a no brainer.

ANTMINERS are 1.45BTC.  

WAIT LETS SAY THAT AGAIN.

1.45BTC.  With $800 coins thats like $1200 including a $40 Corsair TX650 off eBay.  For 200GH (these OC to that easy all day long on any PS half-worthwhile).  Starts shipping in 2 days.

Grab two.  $2400.  400GH.  Only 800W draw means its like a little heater for the pair, no big deal.  

Just think about it this way:  a HASHFAST PREORDER cost what, $5600?  400GH for that too.  Sure it uses less power but IT COST TWICE AS MUCH!

---->  Preorders are dead.

+ 1

[precrime3]

Anyone know if these guys are legit? http://zeusminer.com/s-flex-6mhs/
IF you plug  in 6000 khs in a calculator at current difficulty, ROI is little over a month, pulling in 1.3k profit monthly. Same thing for there 30 Mh/s version, pulling in 6.5 k at current difficulty. IF assuming they do ship at end of q2 2014, I still think it could hold its ground at what ever difficulty it is at. Deposits are refundable, and they accept major credit cards (wow refreshing) and not just bitcoins and wire transfers (THANK LORD)

take my advice and do NOT preorder anything

BFL preorder.....  waited over 1 year
HF preorder.....  waited 6 months.. still no refund from a registered US company....  nough said

edit:  cointerra preorder....  still waiting..should get something in april...maybe

Deposits are refundable, so I don't see the risk. I'm ordering 2 (12 mh/s) so it should be viable for long term mining should it not? They are no ASICS as of now to skyrocket difficulty right? They all started up so they would all release in same time frame.

[btc_uzr]

Anyone know if these guys are legit? http://zeusminer.com/s-flex-6mhs/
(...)

I assume this is a joke, or you are part of this scam and want to advertise it ?
I cannot believe that you really consider this website could be legit in any way....huge red flags..

[precrime3]

Alright thanks for the help you guys!!