Ready to buy an ASIC miner... do they really EXIST?

BitshireHashaway

full member

Activity: 182

Merit: 100

Quote from: Blackout on April 28, 2013, 08:09:39 AM

Ok so I have the funds to purchase a new dedicated rig and stop toying with with 10 hd 5830s, 5850s, and 7850s...

I am READY to buy one of these ASIC rigs from butterfly or Avalon but do they even really exist?

Help?

- Blackout

The simple answer to your question is yes, they exist. However by the time you get it shipped to you, the profitability will have significantly decreased.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: Blackout on April 28, 2013, 08:09:39 AM

If I try to sum up the ASIC situation... from what i could read here on this forum.
you are gladly invited to correct me if i'm wrong ...

AVALON : 3 batches. Batch one has been processed (not entirely). Batch 3 not begun yet. possible 900 (batch 1 and 2) devices but some customer did not received yet.
horribly expensive except for batch 1 ... no news for batch 4 you can still see some prices but it is out of stock right now
trouble with delivery also .. (custom and batch processing)

Comments are welcomed.

since you asked for input, I disagree with the underlined part above. batch 2 (when it was re-opened, after the original launch failed horribly) was around 56 BTC (worth exactly $1500 at the time) --- if that batch is received before june (even july) it ~~will~~ should achieve 100% ROI within around 2 months. batch 3 was a bit pricey, but should ship closely after batch 2...

when considered against 75btc for a 10GH/s machine, 56 BTC for 66 GH/s seems reasonable, as long as it arrives before... say.... 30 million difficulty? (*note* the owners of those first batch erupters should be earning .5 BTC per day per card today, while the avalon batch 2 orders are currently earning nothing)

Also...

Quote from: maxmint on April 29, 2013, 03:47:38 PM

I just recently made this ASIC info page: http://minr.info/

Thank you. This is an awesome resource.

Franktank

hero member

Activity: 560

Merit: 500

ASICMiner is auctioning off more blades at their latest auction at a fixed price (49.99 BTC) for their 10 GH/s boards

Benefits:

You'll get these within a week of auction's end
Beat everyone else who bought Avalon Batch 2/3
Great customer service (online guide up)

Check it out: https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-50-block-erupter-blades-everyone-won-see-op-201753

seishin

newbie

Activity: 18

Merit: 0

Quote from: mgio on April 29, 2013, 03:38:39 PM

Simply stated, if you are just getting interested in ASICs now and you aren't willing to spend a heap of money ($15k or more), you are out of luck.

If you order now from Butterfly Labs, you'll be lucky to get something by the end of the year. There are 60k or so orders ahead of you!

Avalon is about to ship batch 2. Batch 3 is sold out and batch 4 hasn't even been announced yet.

Basically, if you order now, by the time you get your miner difficulty will be so high that it will never pay for itself.

Your only option is to go to ebay and bid on one of the avalon batch 1 miners ($30k+), one of the soon to be shipped batch 2 miners ($15k+), or take a big risk on the butterfly labs miners (shipping anywhere from 1-3 months away at least). There are a couple of butterfly labs jalapenos that have been shipped but they are only 5 GH/s and way overpriced on ebay. I'd wait for a 30 or 60 machine.

either you or i dont get it, if difficulty rises the asic is the only chip one can use to mine, so it will pay for itself, just a matter of time o.O

HjerterEss

newbie

Activity: 34

Merit: 0

Quote from: maxmint on April 29, 2013, 03:47:38 PM

I just recently made this ASIC info page: http://minr.info/

Great information there. Good job Wink

HjerterEss

newbie

Activity: 34

Merit: 0

Quote from: ewitte on April 29, 2013, 06:29:48 AM

Quote from: computerparts on April 28, 2013, 11:49:45 PM

Quote from: maqifrnswa on April 28, 2013, 09:14:08 PM

Quote from: Blackout on April 28, 2013, 08:48:02 PM

They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

sheer stupidity

Lol yeah for that money your approaching the cost of a GPU system that would have at least some resale value. If they get to the point of shipping 30,50,100+GH/s systems regularly the jalapeno is going to be worthless.

Not to mention you can mine with Litecoins when Bitcoin is dead for GPU miners Roll Eyes

t13hydra

full member

Activity: 238

Merit: 100

Hi, you can also head over to https://bitcointalksearch.org/topic/closedavalon-chips-0081-btc-globalescrow-batch2-secured-189582 and order a little piece of the Avalon. With 20 chips you will have about 5GHash/s at 1.66 BTC for the chips and probably 1 more BTC for the device. The shipping date for the complete device is around August. I'm saying this as Avalon, not as BFL. It will probably ship sooner, but expect the worse.

Regards,
Steve

maxmint

hero member

Activity: 700

Merit: 500

I just recently made this ASIC info page: http://minr.info/

mgio

hero member

Activity: 546

Merit: 500

Simply stated, if you are just getting interested in ASICs now and you aren't willing to spend a heap of money ($15k or more), you are out of luck.

If you order now from Butterfly Labs, you'll be lucky to get something by the end of the year. There are 60k or so orders ahead of you!

Avalon is about to ship batch 2. Batch 3 is sold out and batch 4 hasn't even been announced yet.

Basically, if you order now, by the time you get your miner difficulty will be so high that it will never pay for itself.

Your only option is to go to ebay and bid on one of the avalon batch 1 miners ($30k+), one of the soon to be shipped batch 2 miners ($15k+), or take a big risk on the butterfly labs miners (shipping anywhere from 1-3 months away at least). There are a couple of butterfly labs jalapenos that have been shipped but they are only 5 GH/s and way overpriced on ebay. I'd wait for a 30 or 60 machine.

billotronic

legendary

Activity: 1610

Merit: 1000

Crackpot Idealist

Quote from: maqifrnswa on April 28, 2013, 09:14:08 PM

Quote from: Blackout on April 28, 2013, 08:48:02 PM

They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

wow that is amazing!

I have often thought of seeing what I could get for my September pre-order if I posted a screen with my order number.

btcminer021

member

Activity: 98

Merit: 10

Mine hard!

Quote from: seishin on April 29, 2013, 12:43:53 AM

http://www.ebay.com/sch/Computers-Tablets-Networking-/58058/i.html?_from=R40&_nkw=Jalapeno

world went crazy because a company did not get its calculations and pr right o.O

and there seems to be old case, new case and natural red cases, too =D

Wait, did I buy the wrong one?

http://www.ebay.com/itm/Jalapeno-Peppers-Food-Design-Mousepad-Placemat-Rubber-DD1226-/290755349067?pt=LH_DefaultDomain_0&var=&hash=item43b25e8a4b

ewitte

member

Activity: 98

Merit: 10

Quote from: computerparts on April 28, 2013, 11:49:45 PM

Quote from: maqifrnswa on April 28, 2013, 09:14:08 PM

Quote from: Blackout on April 28, 2013, 08:48:02 PM

They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

sheer stupidity

Lol yeah for that money your approaching the cost of a GPU system that would have at least some resale value. If they get to the point of shipping 30,50,100+GH/s systems regularly the jalapeno is going to be worthless.

ewitte

member

Activity: 98

Merit: 10

AMD would make a ton of money if they added some code to the 8xxx series Wink

They have to know we account for a large portion of their purchases. For gaming I'd much rather run an Nvidia card. Even 5GH/s per card and scrypt capable would nice!

EDIT: I had the 25-30GH/s model on pre-order them not delivering and my car dying I had to cancel. Hopefully I can jump back in using BTC as a payment when they are actually shipping. I'm much more willing to take a chance on products that are actually shipping.

Blackout

full member

Activity: 196

Merit: 100

That's all there is is people selling them on e-bay? And only the 5gh? I was looking at the 25 or 50gh model.

This all seems like a big scam to me I guess I'll stay away.

seishin

newbie

Activity: 18

Merit: 0

http://www.ebay.com/sch/Computers-Tablets-Networking-/58058/i.html?_from=R40&_nkw=Jalapeno

world went crazy because a company did not get its calculations and pr right o.O

and there seems to be old case, new case and natural red cases, too =D

computerparts

sr. member

Activity: 378

Merit: 250

Quote from: maqifrnswa on April 28, 2013, 09:14:08 PM

Quote from: Blackout on April 28, 2013, 08:48:02 PM

They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

sheer stupidity

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: Blackout on April 28, 2013, 08:48:02 PM

They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

Blackout

full member

Activity: 196

Merit: 100

They just aren't pulling in much at the current difficult compared to electricity costs.

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: Blackout on April 28, 2013, 08:34:28 PM

I really don't want to do an auction. So none of these companies are actually shipping with an absolute real world price and delivery date? Should I keep my 5830s and 5850s?

Thanks for the long detailed post.

Avalon has a BTC price, BFL has a USD price - but neither have a known delivery date.

Investing in ASICs is speculation. Difficulty, BTC/USD, and delivery dates are all unknown and you'll have to do your own calculation as to what's possible. Why not keep your 58xxs running while ordering asics?

Blackout

full member

Activity: 196

Merit: 100

I really don't want to do an auction. So none of these companies are actually shipping with an absolute real world price and delivery date? Should I keep my 5830s and 5850s?

Thanks for the long detailed post.

Topic: Ready to buy an ASIC miner... do they really EXIST? (Read 8161 times)