Topic: Mining hardware (Read 599 times)
Yes the mining difficulty is going to go through the roof as all those ASICs kick in, GPU mining is quickly going to become unsustainable.
I think you shouldn't invest in GPU mining becace soon it will get to hard to mine, you should think about Butterfly Labs Mining rigs 
BFL has a strategy. And first and foremost, it's a company and any company's mandate is to earn profit.
WTF do you think would happen if they put a year into developing multiple units with multiple hash rates and then only shipped the largest most powerful units first?
Logic should tell you that the lower powered units would never sell because A. the difficulty would rise too high too fast and the lower units would be worthless & B. a massive amount of btc would fall into the hands of a few and completely imbalance the economy.
No more GPU mining, no more low powered ASIC's. Just big farms of high powered units doing all the work and it would completely destroy their market value and all the work and profit they invested into the lower powered units.
Furthermore. These things are money making machines. Why the hell would Domino's Pizza give the recipe and ingredients to the starving people who would normally buy their pizzas?
Yea BFL are real humanitarians.
The moronic speculations from half-witted btc noobs is staggering. Why would BFL send you a unit that would put them out of business?
Continue mining with your GPU until the difficulty matches your power costs. Then you'll see ASIC's be more than a trickle in the marketplace. Until then, BFL will continue to ship to their online friends and continue to build hype for preorders. If you're lucky you might see a 5ghs unit in your hands by the time the difficulty is high enough to make .03 btc per day.
Speculation will not drive the value of btc up. It will be driven up by it's usefulness as a currency. So why don't you spend more time thinking about how to use BTC in your daily lives rather than if a company has your best interests at heart.
WTF do you think would happen if they put a year into developing multiple units with multiple hash rates and then only shipped the largest most powerful units first?
Logic should tell you that the lower powered units would never sell because A. the difficulty would rise too high too fast and the lower units would be worthless & B. a massive amount of btc would fall into the hands of a few and completely imbalance the economy.
No more GPU mining, no more low powered ASIC's. Just big farms of high powered units doing all the work and it would completely destroy their market value and all the work and profit they invested into the lower powered units.
Furthermore. These things are money making machines. Why the hell would Domino's Pizza give the recipe and ingredients to the starving people who would normally buy their pizzas?
Yea BFL are real humanitarians.
The moronic speculations from half-witted btc noobs is staggering. Why would BFL send you a unit that would put them out of business?
Continue mining with your GPU until the difficulty matches your power costs. Then you'll see ASIC's be more than a trickle in the marketplace. Until then, BFL will continue to ship to their online friends and continue to build hype for preorders. If you're lucky you might see a 5ghs unit in your hands by the time the difficulty is high enough to make .03 btc per day.
Speculation will not drive the value of btc up. It will be driven up by it's usefulness as a currency. So why don't you spend more time thinking about how to use BTC in your daily lives rather than if a company has your best interests at heart.
+1
BFL has a strategy. And first and foremost, it's a company and any company's mandate is to earn profit.
WTF do you think would happen if they put a year into developing multiple units with multiple hash rates and then only shipped the largest most powerful units first?
Logic should tell you that the lower powered units would never sell because A. the difficulty would rise too high too fast and the lower units would be worthless & B. a massive amount of btc would fall into the hands of a few and completely imbalance the economy.
No more GPU mining, no more low powered ASIC's. Just big farms of high powered units doing all the work and it would completely destroy their market value and all the work and profit they invested into the lower powered units.
Furthermore. These things are money making machines. Why the hell would Domino's Pizza give the recipe and ingredients to the starving people who would normally buy their pizzas?
Yea BFL are real humanitarians.
The moronic speculations from half-witted btc noobs is staggering. Why would BFL send you a unit that would put them out of business?
Continue mining with your GPU until the difficulty matches your power costs. Then you'll see ASIC's be more than a trickle in the marketplace. Until then, BFL will continue to ship to their online friends and continue to build hype for preorders. If you're lucky you might see a 5ghs unit in your hands by the time the difficulty is high enough to make .03 btc per day.
Speculation will not drive the value of btc up. It will be driven up by it's usefulness as a currency. So why don't you spend more time thinking about how to use BTC in your daily lives rather than if a company has your best interests at heart.
WTF do you think would happen if they put a year into developing multiple units with multiple hash rates and then only shipped the largest most powerful units first?
Logic should tell you that the lower powered units would never sell because A. the difficulty would rise too high too fast and the lower units would be worthless & B. a massive amount of btc would fall into the hands of a few and completely imbalance the economy.
No more GPU mining, no more low powered ASIC's. Just big farms of high powered units doing all the work and it would completely destroy their market value and all the work and profit they invested into the lower powered units.
Furthermore. These things are money making machines. Why the hell would Domino's Pizza give the recipe and ingredients to the starving people who would normally buy their pizzas?
Yea BFL are real humanitarians.
The moronic speculations from half-witted btc noobs is staggering. Why would BFL send you a unit that would put them out of business?
Continue mining with your GPU until the difficulty matches your power costs. Then you'll see ASIC's be more than a trickle in the marketplace. Until then, BFL will continue to ship to their online friends and continue to build hype for preorders. If you're lucky you might see a 5ghs unit in your hands by the time the difficulty is high enough to make .03 btc per day.
Speculation will not drive the value of btc up. It will be driven up by it's usefulness as a currency. So why don't you spend more time thinking about how to use BTC in your daily lives rather than if a company has your best interests at heart.
That's just not being open minded...
Josh at BFL has stated that his intention is to put high hashing power in the hands of everyone so that no one entity can have 51% power.
I would believe that over mining conspiracy.
Josh at BFL has stated that his intention is to put high hashing power in the hands of everyone so that no one entity can have 51% power.
I would believe that over mining conspiracy.
ASIC is the only way to go at this point in the game....JMHO.
Well, i am new to this bitcoin thing, in fact this is my first post here, but I am the only one that think that ASIC is the biggest scam ever? You just need to think a little bit. Let look at the 5 Ghz ASIC. It is pre-selling with 273$, and, according to what the situation is now it will generate over 1000$ in one month. So, why would anybody would want to sell such a thing? The answer is simple: they would not sell it now. If i where the manufacturer of this ASIC i would have build as many as I could with the money from the pre-orders, put them to mine, and when the mining is not profitable any more i will ship the units. There are any reasons why the current manufacturers will not do that? I think not, considering also that the shipping is always delayed.
Yup that's the one...ty didn't link handy.
I would say that's the one he's referring to:
http://codinginmysleep.com/bfl-jalapeno-unboxing-and-demo/
http://codinginmysleep.com/bfl-jalapeno-unboxing-and-demo/
There are a couple Youtube videos in the past couple days of a DEV using his and some talk of a customer getting one...
I havent found anything real there
There are a couple Youtube videos in the past couple days of a DEV using his and some talk of a customer getting one...
They say new orders will ship in July...but what they say is to be interpreted...
They are beginning to ship now though...slowly...
They are beginning to ship now though...slowly...
I dont realy belive in that what is on their page, if somebody will post video on youtube that he have it realy at home than i will order too...
ASIC is the only way to go at this point in the game....JMHO.
Yup, but you cant buy one now. All you can is preorder BFL and receive it early next year if all will go fine
Yes that is what i mean, there is no ASIC for order now if I know.
If somebody know about real ASIC to buy NOW not for preorder let me know !
They say new orders will ship in July...but what they say is to be interpreted...
They are beginning to ship now though...slowly...
They are beginning to ship now though...slowly...
ASIC is the only way to go at this point in the game....JMHO.
Yup, but you cant buy one now. All you can is preorder BFL and receive it early next year if all will go fine
Yep the 5850s seem to have the best hash/$ - had 8 of them from 2011 and they all still work, for just 100$ new
but still only way to go forward are asics
but still only way to go forward are asics
I have 3 x 7950s and 3 x 5850s going right now. I bought the 7950s new, but the 5850s have all been off craigslist for $100 a piece. Pretty good deal for ~350Kh/s (mining litecoin).
ASIC is the only way to go at this point in the game....JMHO.
What do you recomend for mining ? Now i Have 2x 7970 and 2x 7870 doing around 2Gh/s but want more.
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