Topic: Is it worth it purchasing ASIC right now (Read 618 times)
With the current difficulty no.
Yes, it's worth it. You got the same responses in 2011 and they were not only dead wrong, but purposefully so. People saw their own profit margin diminishing and were starting to recommend: "No buy Bitcoins instead."
All in all: If you can get an asic, have the space to run it, and the nerves, do it. It's probably best to set a sell order at mtgox at the lowest price you are willing to sell and transfer the coins directly from the pool to the account.
haters gonna hate.
All in all: If you can get an asic, have the space to run it, and the nerves, do it. It's probably best to set a sell order at mtgox at the lowest price you are willing to sell and transfer the coins directly from the pool to the account.
haters gonna hate.
To all saying "No" ... why ? I understand the difficulty, but there should be a return on investment in 6 months or so, isn't it ?
no, don't bother
If you're doing it for fun, do it!
If you're doing it to get rich, well, keep your expectations low.
If you're doing it to get rich, well, keep your expectations low.
Good point, I'm thinking starting but was worried about ROI. But just as a fun project (expensive though) might be worth it. As long as I can at least get the expense back, I would do it
If you're doing it for fun, do it!
If you're doing it to get rich, well, keep your expectations low.
Mike
If you're doing it to get rich, well, keep your expectations low.
Mike
No.
no.
if you can get one on your hands, now. yes.
but all the asics are backordered and 2nd hand asics are being sold at prices that are razor thin margins.
and for gods sake, stop buying the USB miners, they will never ROI, unless you like donating money to ASICminer, by all means.
if you can get one on your hands, now. yes.
but all the asics are backordered and 2nd hand asics are being sold at prices that are razor thin margins.
and for gods sake, stop buying the USB miners, they will never ROI, unless you like donating money to ASICminer, by all means.
BFL has the best value in terms of GH versus $ spent, except KC Miner but KC hasnt shipped any products yet, at least BFL has (FPGA in the past and slowly now with ASICS ordered last summer).
The problem is no one has units in stock, such a BIG scam by BIG COMPANIES huh. You could order or pre-order and be on a waiting list for 2-6- months from Avalon (oh remember they got caught recently by mining with customers machines for weeks or months before they shipped to them) , Terrahash, BFL, etc. For units that people physically have they are selling for $500-700 per GH.
The problem is no one has units in stock, such a BIG scam by BIG COMPANIES huh. You could order or pre-order and be on a waiting list for 2-6- months from Avalon (oh remember they got caught recently by mining with customers machines for weeks or months before they shipped to them) , Terrahash, BFL, etc. For units that people physically have they are selling for $500-700 per GH.
You can do it. But if you pay $60/1GH/s you will need to have it in hand by Sept. 15 to break even.
This assumes the difficulty continues to increase at 18% for BTC every 2 weeks.
Here is an analysis I did for my BFL Jalapeño order.
https://docs.google.com/file/d/0B_tqfkR9Qrx0WVdmNmQzU1FzcEU/edit?usp=sharing
EDIT - FIXED LINK SO ANYONE CAN ACCESS.
This assumes the difficulty continues to increase at 18% for BTC every 2 weeks.
Here is an analysis I did for my BFL Jalapeño order.
https://docs.google.com/file/d/0B_tqfkR9Qrx0WVdmNmQzU1FzcEU/edit?usp=sharing
EDIT - FIXED LINK SO ANYONE CAN ACCESS.
If you can get one in your hand in the next few weeks, yes. If you buy from BFL then no because they aren't shipping out much yet, and they're pretty much a scam. You have a better chance of making money by creating your own rig.
Is worth it to purchase ASICs right now?
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