Author

Topic: I want to mine with ASIC (Read 3872 times)

newbie
Activity: 29
Merit: 0
May 20, 2013, 09:10:55 AM
#24
ಠ_ಠ

Here we go again...

if you dont want to take to much risk by getting your own mineer, look at our ASIC mining Project here:
https://bitcointalksearch.org/topic/ann-community-mining-avalon-asic-chip-miner-11ghs-209865

Man, where did you find this unicycle letter? whats the ascii char?

I know you wanted to paint a face but that also looks like a unicycle race! Who won?
sr. member
Activity: 399
Merit: 250
May 19, 2013, 05:54:32 PM
#23
ಠ_ಠ

Here we go again...

if you dont want to take to much risk by getting your own mineer, look at our ASIC mining Project here:
https://bitcointalksearch.org/topic/ann-community-mining-avalon-asic-chip-miner-11ghs-209865

Never trust anyone who uses the word "wanna" or 'like' in a sentence, generally it signifies an underage human with poor logic and communication skills.
Such beasts rarely make good business partners.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
May 19, 2013, 01:08:14 PM
#22
ಠ_ಠ

Here we go again...

if you dont want to take to much risk by getting your own mineer, look at our ASIC mining Project here:
https://bitcointalksearch.org/topic/ann-community-mining-avalon-asic-chip-miner-11ghs-209865
hero member
Activity: 882
Merit: 547
BTC Mining Hardware, Trading and more
May 19, 2013, 08:05:57 AM
#21
Hey,

if you dont want to take to much risk by getting your own mineer, look at our ASIC mining Project here:
https://bitcointalksearch.org/topic/ann-community-mining-avalon-asic-chip-miner-11ghs-209865

regards
hero member
Activity: 546
Merit: 500
May 19, 2013, 03:46:31 AM
#20
100 days roi is too slow

Slow compared to what?

Good luck achieving 100% ROI within 100 days from any other legal investment IRL.

The problem with this is that if you don't break even in 100 days, you'll probably never break even, due to rising difficulty. You need to understand how Bitcoin mining works, and how the hashrate is currently changing (and projected to change) before you criticize somebody for pointing out a legitimate flaw with a pricing structure that makes break-even nearly impossible.  Roll Eyes

that ignores exchange rate fluctuations.

although you might never make 50 bitcoins from the hardware, but the 48.756 and counting bitcoins you do make will be worth a different price 100 days from now, and you will also be able to acquire those fractions of bitcoins at a faster rate than most, using less power than most.

ideally this price is greater than it is today.
sr. member
Activity: 419
Merit: 286
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 18, 2013, 01:25:00 AM
#19
Well, after reading and thinking a lot. I will upgrade my minirig of GPU and maybe invest on Asicminer PT Shares, but I will not buy ASIC´s right now.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
May 17, 2013, 09:32:10 PM
#18
Buy Asicminer passthrough shares instead
sr. member
Activity: 399
Merit: 250
May 17, 2013, 09:26:52 PM
#17
Buy a few ASIC USB Block Erupters.  Join a buy group.  This buy group needs orders for about 40 more unit.

European Buy Group
https://bitcointalksearch.org/topic/gb-usb-asic-miner-closed-and-completed-195037

Don't do it.......

you are about to put several hundred GH/s into  the hands of a complete stranger..... also 300MH/s will not ROI for 2 BTC
newbie
Activity: 29
Merit: 0
May 16, 2013, 08:24:50 AM
#16
100 days roi is too slow

Slow compared to what?

Good luck achieving 100% ROI within 100 days from any other legal investment IRL.

The problem that people are seing now with their GUIs is that 100 days ROI proved to not be working due to the acceleration of the difficulty. even if you buy yourself a jalapeno, when the bigger miners will start to ship, 100 days ROI might not be a reality.

If you look at the map of the miners, the difference in power of mining is going to effect BTC mining in general. It is going to be extreamly difficult to make money out of a home brewed machine and more mining racks services will appear. Not sure that this centralization of computing is good for BTC but this is how things look right now.

hero member
Activity: 546
Merit: 500
May 15, 2013, 08:54:16 PM
#15
You CAN'T buy ASICS right now to mine with.


Here are your options and why they aren't a good idea:

- ASICMiner USB and Blades. They are expensive and you will never ever make your money back due to rising difficulty
- Avalon. Batch 1 and 2 already shipping, batch 3 sold out. You can buy discrete chips which will ship in 8-10 weeks, plus some time and more money to assemble them into a machine, figure 3 months total. You aren't likely to make your money back but it is your best option so far. Difficulty might be low enough that you could break even but it's risky.
- Butterfly Labs. The worst choice. There are 60,000+ orders ahead of you and they haven't even finished developing their product yet. Even they people who ordered early aren't likely to make their money back.


Your best best right now is to go to bitfunder and buy ASICMiner shares. They pay a weekly dividend from their mining profits.
newbie
Activity: 53
Merit: 0
May 15, 2013, 08:04:03 PM
#14
Buy a few ASIC USB Block Erupters.  Join a buy group.  This buy group needs orders for about 40 more unit.

European Buy Group
https://bitcointalksearch.org/topic/gb-usb-asic-miner-closed-and-completed-195037
hero member
Activity: 1036
Merit: 500
May 15, 2013, 05:17:25 AM
#13
What are the best options?

Take the money you want to spend on an ASIC and BUY BITCOINS. This is BY FAR the best option. The price right now (~$100) is GREAT.

Wish I had done this. Ive had insane amounts of money tied up for half a year waiting on ASICs, and if I had just bought BTC like a lot of SMART PEOPLE told me to, Id have made more money than I ever will mining. Dont do it man. DONT DO IT.
full member
Activity: 224
Merit: 100
May 14, 2013, 11:34:23 AM
#12
100 days roi is too slow

Slow compared to what?

Good luck achieving 100% ROI within 100 days from any other legal investment IRL.

The problem with this is that if you don't break even in 100 days, you'll probably never break even, due to rising difficulty. You need to understand how Bitcoin mining works, and how the hashrate is currently changing (and projected to change) before you criticize somebody for pointing out a legitimate flaw with a pricing structure that makes break-even nearly impossible.  Roll Eyes
legendary
Activity: 3248
Merit: 1070
May 14, 2013, 09:45:05 AM
#11
compared to what i want
and i want to make profit when i buy a thing like this
member
Activity: 116
Merit: 10
May 14, 2013, 09:25:12 AM
#10
100 days roi is too slow

Slow compared to what?

Good luck achieving 100% ROI within 100 days from any other legal investment IRL.
legendary
Activity: 2271
Merit: 1363
legendary
Activity: 2674
Merit: 2965
Terminated.
May 14, 2013, 08:47:57 AM
#8
No devices that are currently shipping :/
legendary
Activity: 3248
Merit: 1070
May 11, 2013, 01:40:21 PM
#7
ASICMiner is auctioning off more blades at their latest auction at a fixed price (49.99 BTC) for their 10 GH/s boards

Benefits:

You'll get these within a week of auction's end
Beat everyone else who bought Avalon Batch 2/3
Great customer service (online guide up)

Check it out: https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-50-block-erupter-blades-everyone-won-see-op-201753

100 days roi is too slow
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
May 11, 2013, 10:35:56 AM
#6
I tried to compile a list of currently discussed ASICs here: http://minr.info/
I also think that Avalon chips and one of the DIY developers would be your best option right now.

Nice! Thanks for this.
hero member
Activity: 560
Merit: 500
May 11, 2013, 09:33:57 AM
#5
ASICMiner is auctioning off more blades at their latest auction at a fixed price (49.99 BTC) for their 10 GH/s boards

Benefits:

You'll get these within a week of auction's end
Beat everyone else who bought Avalon Batch 2/3
Great customer service (online guide up)

Check it out: https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-50-block-erupter-blades-everyone-won-see-op-201753
hero member
Activity: 700
Merit: 500
May 10, 2013, 03:40:37 AM
#4
I tried to compile a list of currently discussed ASICs here: http://minr.info/
I also think that Avalon chips and one of the DIY developers would be your best option right now.
member
Activity: 103
Merit: 10
May 10, 2013, 03:26:57 AM
#3
Get ahold of 20 ASIC chips and send of to one of the custom DIY builders.
sr. member
Activity: 378
Merit: 250
May 10, 2013, 12:23:33 AM
#2
yea good luck with that
sr. member
Activity: 419
Merit: 286
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 09, 2013, 06:26:50 PM
#1
I want to invest in some ASIC miners but I have a lot of questions:


What ASIC vendors sell products right now?

I Know Avalon, but only sell batches of 10000 chips (although I could integrate in a GroupBuy)

BFL, A looooooong waiting time

Terrahash, Trustworthy enough?

Burnin, BKKcoins, and other developers from Bitcointalk.

So, What do you think? What are the best options? What other ASIC mining options are there?

Who will enter the ASIC mining?
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