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Topic: Is an Asic from butterfly labs worth buying? - page 2. (Read 2380 times)

legendary
Activity: 1148
Merit: 1018
I was wanting to purchase an ASIC from butterfly labs for $2500, and while yes it would render the current card useless for about one or two years, I figured it would be worth it if I could get the ASIC in around two or three months from now. The only problem? While I believe that some ASICs have shipped from BFL (I may be wrong on this) it is a really small number. However the Avalon unit, which is about the same in performance, costs 73+ bitcoins, or about $9000. Ahhh...

*points to his signature*

No. $2500 is enough to break the bank, but it is an investment, and I'm used to eatting cheaply as possible (the 75c ramen noodles are considered extravagant living for me, and don't get me started on the $2.50 noodles that are oh so silky and fine). The point is that an ASIC from Avalone is too far outside of my price range, and as a result, I have to go somewhere cheaper which is why I was wondering if BFL might be worth fooling with. Personally...I think I'm screwed all over again. :-(

What you need to understand is that you wil not get your units in "around two or three months from now". Best case scenario for the Jalapeño is something like 9 to 10 months from order to delivery (and that's the absolute best case). For the other units (Single, Mini Single, Mini Rig) nobody can know, they don't even exist yet.
member
Activity: 89
Merit: 10
The way I see it, ASIC is pretty much out of the reach for miners with limited budget. Sure, BFL's ASICs are affordable but when you look at the queue, there's a high chance that your ASIC is not going to pay itself back by the time you receive it.

I strongly believe that you'll be able to earn more profit by trading bitcoins instead of mining.
newbie
Activity: 38
Merit: 0
I was wanting to purchase an ASIC from butterfly labs for $2500, and while yes it would render the current card useless for about one or two years, I figured it would be worth it if I could get the ASIC in around two or three months from now. The only problem? While I believe that some ASICs have shipped from BFL (I may be wrong on this) it is a really small number. However the Avalon unit, which is about the same in performance, costs 73+ bitcoins, or about $9000. Ahhh...

*points to his signature*

No. $2500 is enough to break the bank, but it is an investment, and I'm used to eatting cheaply as possible (the 75c ramen noodles are considered extravagant living for me, and don't get me started on the $2.50 noodles that are oh so silky and fine). The point is that an ASIC from Avalone is too far outside of my price range, and as a result, I have to go somewhere cheaper which is why I was wondering if BFL might be worth fooling with. Personally...I think I'm screwed all over again. :-(
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