Topic: Presentation (Read 963 times)

Quote from: PenS on July 12, 2013, 12:02:11 PM

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

Early May, so it's going to be forever until they deliver, I know.
I did however buy a ASICMiner USB Block Erupter today to keep me company.

May? Damn. Well, good luck with it anyways. hope you can make some of your money back

Yeah, thank you. Part of me just wants to be a bitcoin miner, so the money itself is not the most important part.

Then no one can say jack shit to you Dennis, as long as you're doing what you want to Wink

Thank you for your support! Roll Eyes

DennisD7

full member

Activity: 131

Merit: 100

I to am pretty excited about the opportunity to mine for Bitcoin's, and from what I can tell you can have a decent ROI if you are patient. I also placed an order from BFL, and even though they are back ordered, I really haven't seen anyone else stand out as a leader in rigs. I did see KNC and then yesterday I noticed on CoinDesk a new company called Krater opened...

Any who... would be fun to build one myself as well

I really think KNC will be a leading figure in the mining race once they start shipping. They went directly to 28nm chips, while Butterfly is using 65nm chips.

PenS

newbie

Activity: 5

Merit: 0

I to am pretty excited about the opportunity to mine for Bitcoin's, and from what I can tell you can have a decent ROI if you are patient. I also placed an order from BFL, and even though they are back ordered, I really haven't seen anyone else stand out as a leader in rigs. I did see KNC and then yesterday I noticed on CoinDesk a new company called Krater opened...

Any who... would be fun to build one myself as well

DennisD7

full member

Activity: 131

Merit: 100

I'm preparing a bitcoin mining rig at the moment, and it's going well. Here is a mini-itx board - 17 x 17 cm, running windows 7. Next week I will have my first ASIC to connect to it, and of course I will put it inside a good case at some point too

chipug

full member

Activity: 165

Merit: 100

696B6111

Quote from: DennisD7 on July 09, 2013, 09:19:18 AM

Quote from: chipug on July 08, 2013, 03:07:48 PM

Quote from: chipug on July 08, 2013, 03:07:48 PM

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

Early May, so it's going to be forever until they deliver, I know.
I did however buy a ASICMiner USB Block Erupter today to keep me company.

May? Damn. Well, good luck with it anyways. hope you can make some of your money back

Yeah, thank you. Part of me just wants to be a bitcoin miner, so the money itself is not the most important part.

Then no one can say jack shit to you Dennis, as long as you're doing what you want to Wink

DennisD7

full member

Activity: 131

Merit: 100

Quote from: bitcoin44me on July 09, 2013, 05:06:37 AM

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

Early May, so it's going to be forever until they deliver, I know.
I did however buy a ASICMiner USB Block Erupter today to keep me company.

May? Damn. Well, good luck with it anyways. hope you can make some of your money back

Yeah, thank you. Part of me just wants to be a bitcoin miner, so the money itself is not the most important part.

DennisD7

full member

Activity: 131

Merit: 100

Mining is not a good idea... It is too late now.
You should better put some money for speculating

Price is low, maybe you can still buy and make some profit in the upcoming months.

I'm doing both, I think if the price goes up it's nice to have a mining rig already running.
I have a plan to buy some BTC every month for the next 18 months or so.

bitcoin44me

full member

Activity: 252

Merit: 100

MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS

Mining is not a good idea... It is too late now.
You should better put some money for speculating

Price is low, maybe you can still buy and make some profit in the upcoming months.

DennisD7

full member

Activity: 131

Merit: 100

Quote from: dubiousfrog on July 09, 2013, 03:44:56 AM

Cool move on putting your savings into BTC, and I hope the mining effort works out for you! Have you looked into any of the alternate currencies like Litecoin? ASIC isn't the only solution, there is good money to be made with GPUs in Litecoin right now, and it might be easier / quicker to get the hardware.

Thanks! It is really scary too, but I'm keeping my head cool.
I have glanced at some other ones, but I can't help thinking there will only be one real winner in the long run, and to me it looks like Bitcoin. Also I don't have any GPU rig to repurpose, I start fresh with ASIC.

dubiousfrog

full member

Activity: 181

Merit: 100

optical illusion

Cool move on putting your savings into BTC, and I hope the mining effort works out for you! Have you looked into any of the alternate currencies like Litecoin? ASIC isn't the only solution, there is good money to be made with GPUs in Litecoin right now, and it might be easier / quicker to get the hardware.

DennisD7

full member

Activity: 131

Merit: 100

Quote from: marjamrob on July 08, 2013, 04:25:53 PM

Might I ask how much you paid for one of these?

Sure thing - it is open information after all: http://www.butterflylabs.com/
I have paid them a total of USD 7010, including shipping.

Two 7 Gh/s at USD 374 each
Two 60 Gh/s at USD 2999 each
+ shipping

DennisD7

full member

Activity: 131

Merit: 100

Quote from: Bitcoin Ventures on July 08, 2013, 04:26:52 PM

Interesting.. idea... I guess.

Thank you for sharing lol

Bitcoin Ventures

newbie

Activity: 18

Merit: 0

Interesting.. idea... I guess.

marjamrob

full member

Activity: 140

Merit: 100

Hello kids!
I have been around for a few months now, but I haven't had any reason to post yet.

After having read up on Bitcoin and mining I have decided it is worth a shot. For now I have just one GPU running (65 Mh/s) and I'm planning to get serious with the whole ASIC game. I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s, and I am probably going to buy some more from KnC Miner before the end of the year.

I have also invested a large proportion of my savings in Bitcoins the last few months, and I'm expecting the price to go up over the coming years. I have used LocalBitcoins, as well as MtGox for buying. In general, I'm making long term plans - I'm thinking 5, 10 or 20 years for both saving and mining - wish me luck!

What more? Oh, I'm Swedish and I live in London, UK

/Dennis

PS: donate here lol
1JwLoJ93WGZw1S6yfCTZ4YAhGRdkpkbXY8

Might I ask how much you paid for one of these?

chipug

full member

Activity: 165

Merit: 100

696B6111

Quote from: CryptoBeggar on July 08, 2013, 10:57:03 AM

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

Early May, so it's going to be forever until they deliver, I know.
I did however buy a ASICMiner USB Block Erupter today to keep me company.

May? Damn. Well, good luck with it anyways. hope you can make some of your money back

DennisD7

full member

Activity: 131

Merit: 100

Mind telling me for how much are you willing to sell any of your pieces?

Thank you. I am quite new, but I admire BFL quite much.

Do you mean the BFL units? I don't even have them myself yet, so I won't be selling them for a few months at least yet

DennisD7

full member

Activity: 131

Merit: 100

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

Early May, so it's going to be forever until they deliver, I know.
I did however buy a ASICMiner USB Block Erupter today to keep me company.

CryptoBeggar

member

Activity: 119

Merit: 10

Mind telling me for how much are you willing to sell any of your pieces?

Thank you. I am quite new, but I admire BFL quite much.

Hope this won't get noted as a begging effort :/

chipug

full member

Activity: 165

Merit: 100

696B6111

Quote from: greyhawk on July 08, 2013, 09:38:15 AM

I have four orders of hardware from Butterfly Labs for a total of 134 Gh/s,

when did you order?

DennisD7

full member

Activity: 131

Merit: 100