Topic: Some Mining Rigs/ASIC recommended site (Read 2447 times)
Thank you for clearing that up. I was interested in a BFL
You should just buy BTC. Don't worry about mining, unless you already have the hardware.
Even if BFL started shipping tomorrow, you'd likely never break even on their 150$ unit by the time you got it, unless BTC price continues to climb at the current rate...in which case you'd definitely be better off just buying BTC directly.
The best way to become involved with bitcoin is develop goods/services and participate in trade.
Even if BFL started shipping tomorrow, you'd likely never break even on their 150$ unit by the time you got it, unless BTC price continues to climb at the current rate...in which case you'd definitely be better off just buying BTC directly.
The best way to become involved with bitcoin is develop goods/services and participate in trade.
I've been looking into BFL for about a week, checking in on their site, and I see nothing but frustration in the comments,
and not one "I got it and it works" type post.
More like "where the F### is my order/money back?!" and the company ain't answerin'.
They didn't even send my confirmation email when I registered on their site.
Avalons are too expensive for me to afford just now and not even available....
SO... I'm looking into other options for a mining rig.
I'm treating ASIC as vaporware until someone gives me a reason not to, and that leaves good ol' GPU's.
Yikes. Every rig I've uncovered looks like a great big stack of thousand dollar bills. Like, Literally.
Dozens of super high end graphics cards. Minimum price each: About what I'd make in a Really Good month. If I weren't in Debt.
Not to mention the power bill for the juice all that hardware sucks down.
I can't afford that.
I need another way in.
I have the complete understanding that BTC mining is not some kind of "get rich quick" scheme, I know full well it takes money to make money,
but I also have no choice but to live with the reality that you can only use what you have.
My question to this community is: If I only have about $200-500 to initially invest in bitcoin, and want to use it to its best effect,
how should that investment be disposed?
If speed is just a question of money, How fast will $500 let me go? Fast enough to be worth it?
I wanted to be conservative and buy an entry level ASIC machine, the 4.5 GH/s BFL unit, ($150) but I think it may just be a cruel joke.
Should I forget about mining rigs altogether until I can afford drop a couple grand on hardware?
Is that anywhere near enough to spend on GPU based systems and get an effective return? (I doubt it)
Is there any reason to take ASIC more seriously? Does this community still have hope for that technology?
What does this community recommend?
and not one "I got it and it works" type post.
More like "where the F### is my order/money back?!" and the company ain't answerin'.
They didn't even send my confirmation email when I registered on their site.
Avalons are too expensive for me to afford just now and not even available....
SO... I'm looking into other options for a mining rig.
I'm treating ASIC as vaporware until someone gives me a reason not to, and that leaves good ol' GPU's.
Yikes. Every rig I've uncovered looks like a great big stack of thousand dollar bills. Like, Literally.
Dozens of super high end graphics cards. Minimum price each: About what I'd make in a Really Good month. If I weren't in Debt.
Not to mention the power bill for the juice all that hardware sucks down.
I can't afford that.
I need another way in.
I have the complete understanding that BTC mining is not some kind of "get rich quick" scheme, I know full well it takes money to make money,
but I also have no choice but to live with the reality that you can only use what you have.
My question to this community is: If I only have about $200-500 to initially invest in bitcoin, and want to use it to its best effect,
how should that investment be disposed?
If speed is just a question of money, How fast will $500 let me go? Fast enough to be worth it?
I wanted to be conservative and buy an entry level ASIC machine, the 4.5 GH/s BFL unit, ($150) but I think it may just be a cruel joke.
Should I forget about mining rigs altogether until I can afford drop a couple grand on hardware?
Is that anywhere near enough to spend on GPU based systems and get an effective return? (I doubt it)
Is there any reason to take ASIC more seriously? Does this community still have hope for that technology?
What does this community recommend?
Edit: sorry for the duplicate info as the poster above
BTCFPGA/bASIC went under/isn't developing ASICs anymore.
Butterfly Labs promised to be shipping in October 2012 but still isn't widely considered to be a scam yet. They probably have the most preorders out of any of the ASIC companies. (although the only other company selling ASICs at this point is Avalon)
Companies who have actually produced working ASICs so far:
Avalon ASIC - http://launch.avalon-asics.com/
ASICMINER (selling shares, not mining devices) - https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497
Companies that people think/hope are legit:
Butterfly Labs - http://www.butterflylabs.com/
Scams: (most recent; there are definitely more)
PrimeAsic - most likely a scam - https://bitcointalksearch.org/topic/primeasic-80-ghashsec-asic-miner-scam-148832
Lightning Miner - https://bitcointalksearch.org/topic/lightning-miner-4ghs-80-usd-wow-148685
Good luck!
BTCFPGA/bASIC went under/isn't developing ASICs anymore.
Butterfly Labs promised to be shipping in October 2012 but still isn't widely considered to be a scam yet. They probably have the most preorders out of any of the ASIC companies. (although the only other company selling ASICs at this point is Avalon)
Companies who have actually produced working ASICs so far:
Avalon ASIC - http://launch.avalon-asics.com/
ASICMINER (selling shares, not mining devices) - https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497
Companies that people think/hope are legit:
Butterfly Labs - http://www.butterflylabs.com/
Scams: (most recent; there are definitely more)
PrimeAsic - most likely a scam - https://bitcointalksearch.org/topic/primeasic-80-ghashsec-asic-miner-scam-148832
Lightning Miner - https://bitcointalksearch.org/topic/lightning-miner-4ghs-80-usd-wow-148685
Good luck!
I think that this is the hot topic right now, because many newbies when they first know about BTC; they will attempt to buy the mining rig. And it seems that many site are the scam site so you should consider well before you click order it. Here are just some websites that I find quite trustful. However, I do not know exactly that they are a scam site or not.
https://www.btcfpga.com/index.php?route=product/category&path=61
http://www.butterflylabs.com/
I heard that the butterflylabs they are haven't shipped any of the device on the time they displayed yet. But on the btcfpga site there are some review which make their site not invisible as a ghost. So I suggest you to google and try to see on other post and forum for more information, so that you will not get scam
https://www.btcfpga.com/index.php?route=product/category&path=61
http://www.butterflylabs.com/
I heard that the butterflylabs they are haven't shipped any of the device on the time they displayed yet. But on the btcfpga site there are some review which make their site not invisible as a ghost. So I suggest you to google and try to see on other post and forum for more information, so that you will not get scam
Those sites are not trustworthy. BTCFPGA's ASIC project has been cancelled and refunds have not yet been completed. Many are pursuing legal action against them at this time. BFL began taking in pre-order funds in June of 2012 for their ASIC products, promising delivery in October of 2012 yet still has not shipped anything. I suggest you do a whole lot of research and carefully consider your options before you send a penny or a BTC to any hardware vendor. Only Avalon has shipped an ASIC mining product to an end user at this point and they've only shipped a small portion of the orders that have been placed at this time. They're not accepting orders at this time, but will announce a third batch order presumably within the next month.
http://launch.avalon-asics.com/#home
I think that this is the hot topic right now, because many newbies when they first know about BTC; they will attempt to buy the mining rig. And it seems that many site are the scam site so you should consider well before you click order it. Here are just some websites that I find quite trustful. However, I do not know exactly that they are a scam site or not.
https://www.btcfpga.com/index.php?route=product/category&path=61
http://www.butterflylabs.com/
I heard that the butterflylabs they are haven't shipped any of the device on the time they displayed yet. But on the btcfpga site there are some review which make their site not invisible as a ghost. So I suggest you to google and try to see on other post and forum for more information, so that you will not get scam
** Notice! If you have any problem with the order, I am not responsible for any of it**
https://www.btcfpga.com/index.php?route=product/category&path=61
http://www.butterflylabs.com/
I heard that the butterflylabs they are haven't shipped any of the device on the time they displayed yet. But on the btcfpga site there are some review which make their site not invisible as a ghost. So I suggest you to google and try to see on other post and forum for more information, so that you will not get scam
** Notice! If you have any problem with the order, I am not responsible for any of it**
Jump to: