Am I crazy? 550btc for Asics Hardware

Hei_

newbie

Activity: 42

Merit: 0

Quote from: hdclover on April 20, 2013, 04:42:55 AM

Quote from: michelet on April 20, 2013, 04:12:38 AM

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

gratz u just got scammed.

tought so also

when he had the hardware now ready to hash he needed 76 days to payback
till every unit arives you can say goodbye

hdclover

hero member

Activity: 1120

Merit: 501

www.bitcoin.org

Quote from: michelet on April 20, 2013, 04:12:38 AM

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

gratz u just got scammed.

callezetter

newbie

Activity: 30

Merit: 0

Its all about beeing first with ASICS. Once they take over the mining pool, the difficulty to make BTC will rise
so far that all other ways of making coin will vanish over time.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

Quote from: jasonmaar on April 20, 2013, 04:31:03 AM

I hope you don't feel like i'm hijacking your thread, but more like suggesting an different viewpoint...

Can you answer the question: "Why don't you just invest in BTC companies and purchase the m/hash you want" This way you pay the same rate but your risk is spread over everybody"

I come from a pure financial background, and "where I'm from" (lol) people price the reduced risk in numbers into the item they're selling. Not happening so much with BTC. Only "smart" reason I can see, is that they are mostly small companies trying to gain popularity by heralding an honest business model along with enticing ROI

I agree that it makes economical sense, but every legit company I've found selling hash power has been too expensive.

Hei_

newbie

Activity: 42

Merit: 0

u are crazy lol

jasonmaar

newbie

Activity: 12

Merit: 0

I hope you don't feel like i'm hijacking your thread, but more like suggesting an different viewpoint...

Can you answer the question: "Why don't you just invest in BTC companies and purchase the m/hash you want" This way you pay the same rate but your risk is spread over everybody"

I come from a pure financial background, and "where I'm from" (lol) people price the reduced risk in numbers into the item they're selling. Not happening so much with BTC. Only "smart" reason I can see, is that they are mostly small companies trying to gain popularity by heralding an honest business model along with enticing ROI

Pure-Gold

newbie

Activity: 10

Merit: 0

I'm waiting to the DIY version

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

That's a lotta coin. Good luck, and welcome to the forms.

michelet

full member

Activity: 170

Merit: 100

www.easyha.sh

Hello,

I have been mining for an year now on GPUs - (18Ghash).

Yesterday I have spent 550btc to buy:

1 AsicMiner Blade (10Gh)
2 Avalon batch 2 (130Gh)

so basically 4btc/Ghash. Any consideration about the investment? Considering coming hashing power, possibile delays on batch 2 deliver, Bfl shipping?, future value of btc..)

Topic: Am I crazy? 550btc for Asics Hardware (Read 572 times)