Is it safe to order a BFL Miner now?

joeventura

hero member

Activity: 854

Merit: 500

Quote from: HeroC on June 06, 2013, 02:52:09 PM

Ok, I saw this article.

I have a list of questions, here they are:

1. It says they are shipping now, and I want to get my hand on one. If I order on Monday next week, about when will my order arrive?

Sept 7th, 2013

Quote

2. What will the difficulty be?3,723,102

Quote

In a year, what will the difficulty be about?[/li][/list]
292,432,098

Quote

3. Will it be profitable? And for how long?

Yes! For 274 days, 13 hours, 11 minutes, 4 seconds

I used this calculator and with a difficulty of 20000000.0 and the rate at 100.00/BTC. It seems profitable, (My definition of 'profitable' is about 400.00 a month), how long will it remain like this?

I am in a rush now, so I will add more in an hour.
Be right Back!

aceking

full member

Activity: 229

Merit: 100

keep your money and buy bitcoins now that the price is low ( 110 dollars now).

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: HeroC on June 07, 2013, 01:20:36 PM

Ok, I missed the Bitcoin mining train. Sad

Is there a way to use the ASIC for LTC, or stick with the GPU?

If KNCMiner delivers, that would be a second generation product with better bang for the buck. You could look into ordering that at some point.
I would not jump just yet, but it looks promising.

PaperClip

newbie

Activity: 56

Merit: 0

Quote from: HeroC on June 07, 2013, 01:20:36 PM

Ok, I missed the Bitcoin mining train. Sad

Nothing is missed, ASICs are future of mining. Now everyone have invested into one of companies and are waiting for result. You can join them.
Currently existing ASIC models are Avalon's first batch and ASICMiner's private stuff + some of USB miners they have sold. That's all. Everything else is either not yet delivered, or not yet developed. ASICs like Bitfury, ButterflyLabs, KNCminer are promised to be developed soon. Read about them here on forum and invest if feel so. IF they will deliver product in promised time - you will get money back, plus a lot on top. But always keep in mind that they all can be just a scam.

Quote from: mgio on June 07, 2013, 02:34:10 PM

Quote from: dodegkr on June 07, 2013, 02:22:26 PM

and those better investments are ??

ASICMiner shares. Go to bitfunder.com and invest in G.ASICMINER-PT. It pays a weekly dividend.

I am curious, how big those dividends are? If I will buy shares, how fast they will return invested money?

mgio

hero member

Activity: 546

Merit: 500

Quote from: dodegkr on June 07, 2013, 02:22:26 PM

and those better investments are ??

ASICMiner shares. Go to bitfunder.com and invest in G.ASICMINER-PT. It pays a weekly dividend.

dodegkr

newbie

Activity: 55

Merit: 0

and those better investments are ??

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

No. This ship has sailed.

It's conceivable that BFL will offer further products and better price-to-performance metrics after they've gone through the very long tasks of satisfying existing orders and be able to ship'em in a reasonable time frame...but as it is now, they are really far behind in production, and there are many better investments for your money.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: HeroC on June 07, 2013, 01:20:36 PM

Ok, I missed the Bitcoin mining train. Sad

Is there a way to use the ASIC for LTC, or stick with the GPU?

No, mate you need to do some reading. I mean this politely. You need to be able to differentiate between sha-265 and scrypt. Scrypt requires on board memory. It's far more memory intensive than sha-265, hence GPUs are capable of both. ASICs aren't, well aren't yet, and this recent hardware evolution is not capable of scrypt...

HeroC

legendary

Activity: 858

Merit: 1000

Ok, I missed the Bitcoin mining train. Sad

Is there a way to use the ASIC for LTC, or stick with the GPU?

razorfishsl

sr. member

Activity: 399

Merit: 250

Quote from: HeroC on June 06, 2013, 02:52:09 PM

Ok, I saw this article.

I have a list of questions, here they are:

1. It says they are shipping now, and I want to get my hand on one. If I order on Monday next week, about when will my order arrive?
2. What will the difficulty be?
In a year, what will the difficulty be about?
3. Will it be profitable? And for how long?
I used this calculator and with a difficulty of 20000000.0 and the rate at 100.00/BTC. It seems profitable, (My definition of 'profitable' is about 400.00 a month), how long will it remain like this?

I am in a rush now, so I will add more in an hour.
Be right Back!

The difficulty is ALREADY 15,000,000 think more 200,000,000 and you may be a bit closer........

Currently it is changing UPWARD at about 30-40% a MONTH!!!!!

flound1129

hero member

Activity: 938

Merit: 1000

www.multipool.us

Quote from: HeroC on June 06, 2013, 02:52:09 PM

Ok, I saw this article.

I have a list of questions, here they are:

1. It says they are shipping now, and I want to get my hand on one. If I order on Monday next week, about when will my order arrive?
2. What will the difficulty be?
In a year, what will the difficulty be about?
3. Will it be profitable? And for how long?
I used this calculator and with a difficulty of 20000000.0 and the rate at 100.00/BTC. It seems profitable, (My definition of 'profitable' is about 400.00 a month), how long will it remain like this?

I am in a rush now, so I will add more in an hour.
Be right Back!

You probably won't receive it until January, and by then, even a 50GH miner will probably mine about as much as a Radeon 7970 does right now.

svetlim

jr. member

Activity: 56

Merit: 3

ASIC - no, you late for this.

use GPU+script

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: HeroC on June 06, 2013, 02:52:09 PM

Ok, I saw this article.

I have a list of questions, here they are:

1. It says they are shipping now, and I want to get my hand on one. If I order on Monday next week, about when will my order arrive?
2. What will the difficulty be?
In a year, what will the difficulty be about?
3. Will it be profitable? And for how long?
I used this calculator and with a difficulty of 20000000.0 and the rate at 100.00/BTC. It seems profitable, (My definition of 'profitable' is about 400.00 a month), how long will it remain like this?

I am in a rush now, so I will add more in an hour.
Be right Back!

1. 3-4 months, probably.
2. Mystic Meg says (a) 50,000,000 (b) 80,000,000
3. With the difficulty at 50 million, you'd mine about 0.01 BTC per day per Gh/s

ISAWHIM

hero member

Activity: 504

Merit: 500

You judge your future...

My answer is No, not safe... Investment wise...
http://www.coinchoose.com/

GPU and scrypt... because the manufactures who make the chips are not using your money to make themselves chips to mine your value away. Like the ASIC's are doing.

BlazinBeaches

member

Activity: 98

Merit: 10

The mere fact that they still have unfulfilled orders from last year made me cancel my order.

computerparts

sr. member

Activity: 378

Merit: 250

Not worth it. Difficulty will be several times what it is now by the time you get it.

HeroC

legendary

Activity: 858

Merit: 1000

Ok, I saw this article.

I have a list of questions, here they are:

1. It says they are shipping now, and I want to get my hand on one. If I order on Monday next week, about when will my order arrive?
2. What will the difficulty be?
In a year, what will the difficulty be about?
3. Will it be profitable? And for how long?
I used this calculator and with a difficulty of 20000000.0 and the rate at 100.00/BTC. It seems profitable, (My definition of 'profitable' is about 400.00 a month), how long will it remain like this?

I am in a rush now, so I will add more in an hour.
Be right Back!

Topic: Is it safe to order a BFL Miner now? (Read 1680 times)