Undecided because I'm not yet convinced any of the ASIC products aren't just scams.
None of the companies are registered as businesses with their state, they all have PO Boxes and no addresses, and unanswered telephone numbers, and there really isn't any proof they have, or will have what they say they will. They just want money and say "we'll send it when it's ready, thanks for your money and shipping info!"
Topic: Ordering the new bASIC NextGen 27GH/S? (Read 1256 times)
I have an order with both of BFL and BASIC, Lets hope thy both work out
I would go with butterfly labs. I think they are probably going to have the best product.
Placing my order at month end. I trust bASIC more than BFL.
I have mined BTC for 1 year... had a lot of fun spending time configuring the mining rigs with the latest versions of mining software... adding /replacing cards.... yelling at AMD SDKs.... finding the best pools to mine on...
I sold all but one (I like to think I help with the network security
) of my GPUs in august, turning a healthy profit during the year....
I did not order any ASICs because for me it's too much of a gamble when they will get delivered and how much bang you will get for your buck. Instead I invested in ASICMINER on GLBSE as a (huge) gamble that they will be the first and give me a nice and decent profit or hopefully (if they don't screw up the manufacturing process) give me at least my money back, through their own mining farm and possible sales of their ASICs.
At this point in time I hink there's more value in buying BTC as an investment then in buying mining gear... but that is just my opinion
I sold all but one (I like to think I help with the network security
) of my GPUs in august, turning a healthy profit during the year....I did not order any ASICs because for me it's too much of a gamble when they will get delivered and how much bang you will get for your buck. Instead I invested in ASICMINER on GLBSE as a (huge) gamble that they will be the first and give me a nice and decent profit or hopefully (if they don't screw up the manufacturing process) give me at least my money back, through their own mining farm and possible sales of their ASICs.
At this point in time I hink there's more value in buying BTC as an investment then in buying mining gear... but that is just my opinion
Personally, I'm willing to invest enough in ASIC mining that I don't need to buy smaller units. But still, I can think of a couple advantages of buying two 27GH units instead of one 54GH unit:
I'm not sure those justify spending ~10% more though. Of course if you want to invest just $630, I think the 27GH unit is a good price point.
- A component failure that affects the whole board will only take out half your mining.
- You can sell half later if you want to diversify, or just reduce your exposure to obsolescence.
I'm not sure those justify spending ~10% more though. Of course if you want to invest just $630, I think the 27GH unit is a good price point.
Mining at this point is never a good idea. Especially with a sizable investment. It's risky and doesn't do anything to help the community or development of Bitcoin as a currency.
This could be easily argued by continuing on the subject of increasing network security, but I won't get into that...
I ordered a bASIC for $1069 that will give 54Ghash
I have previously spent over $1000 for 3 GFX cards that have given me 1Ghash (no I didnt buy the cheapest cards - but possibly the quietest cards - my hearing is important to me
)I was running 14 Gfx cards here at one time then I sold some 6950s (with the coins they mined and what I sold them for they are well paid for and profitable) and bought some 7970s also coins mined + resale makes them profitable
I think I had a 'sizeable" investment in gfx cards
I think $1069 is a "reasonable" investment to continue mining
I am thinking of ordering a second and for me would still be "reasonable"
My power bill will drop an unreasonable amount when I can turn off the GFX cards - the minister for war and finance will be wrapped
( even though I have been paying my power bill through spendbitcoins with BTC)every one should do their own due diligence and choose their way - no 2 of us are in the same situation
good luck with your decisions
Graet
Mining at this point is never a good idea. Especially with a sizable investment. It's risky and doesn't do anything to help the community or development of Bitcoin as a currency.
This could be easily argued by continuing on the subject of increasing network security, but I won't get into that...
Mining at this point is never a good idea. Especially with a sizable investment. It's risky and doesn't do anything to help the community or development of Bitcoin as a currency.
I already put in a few orders.
Yes. I want to buy one in addition to its big brother, the 54 GH/s unit.
Already got one on order, may add another one to the order or bump it to the 54Gh/s one next week.
Also, please if "Undecided" please state why you might be undecided? I'm on a limited budget and trying to make the most of BTC mining myself?
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