There's always the gamble that LTC mining will stay profitable long enough to make a profit from GPU mining, at this point I would say the roi predictions on a BFL order placed today and a GPU rig are about the same, and GPUs are a lot easier to recoup part of the investment from rather than an ASIC that can't reach profitability ;P
If you must have an asic then as said before really your only option is the DIY Avalon projects, the BFL predictions seems to be around 3-6 months to clear out CURRENT orders, IF and WHEN they start shipping their "400 units a day" (Singles wont start shipping until early next month at best)
It's interesting how the high risk has shifted from buying BTC directly to now buying mining gear. Back in the days buying mining gear was considered the safe option since after all you still had your hardware to sell.
Topic: So what the hell are we supposed to buy? - page 2. (Read 3334 times)
You dont even have to count asics. Popularity of bitcoin alone brings hundreds of people who are setting up they own miners. It is makeing enough difficulty increase. There is no solution to that, only bitcoin price should increase enough to make mining worthwhile.
Only choice you have is to join in the group buy of the Avalon ASIC chips and DIY them or get someone else to assemble them for you.
Another option, I would say is BFL 5 GH/s miners but who knows when you'll get them but to be fair they have started shipping. Albeit in tiny tiny quantities.
Another option, I would say is BFL 5 GH/s miners but who knows when you'll get them but to be fair they have started shipping. Albeit in tiny tiny quantities.
As it's apparent ASICs are coming/here, I also want to get in, but unlike most rich people, and I mean rich about people whose standards are that 10k is cheap,normal and can be gotten within 2-3 months of work or whatever.
I have only $1400-1500 atm and this amount is very big by my standards, what can I get with this amount that will have worth hashing at the absurd difficulties that will follow? $1400-500 with the intention of getting a done unit, not DYI that costs more and is worthless in speed unless you have 700btc, which I do not.
$1400-1500 for a done unit? Drop an order with BFL and pray to whatever god you believe that they'll ship your order to you before next year. I have only $1400-1500 atm and this amount is very big by my standards, what can I get with this amount that will have worth hashing at the absurd difficulties that will follow? $1400-500 with the intention of getting a done unit, not DYI that costs more and is worthless in speed unless you have 700btc, which I do not.
Or try a DIY/assembled by others unit via Avalon's chip orders.
legendary
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Reverse engineer from time to time
As it's apparent ASICs are coming/here, I also want to get in, but unlike most rich people, and I mean rich about people whose standards are that 10k is cheap,normal and can be gotten within 2-3 months of work or whatever.
I have only $1400-1500 atm and this amount is very big by my standards, what can I get with this amount that will have worth hashing at the absurd difficulties that will follow? $1400-500 with the intention of getting a done unit, not DYI that costs more and is worthless in speed unless you have 700btc, which I do not.
I have only $1400-1500 atm and this amount is very big by my standards, what can I get with this amount that will have worth hashing at the absurd difficulties that will follow? $1400-500 with the intention of getting a done unit, not DYI that costs more and is worthless in speed unless you have 700btc, which I do not.
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