What machine should I buy? | Bitcointalksearch.org

MonkeyMarcel

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Activity: 97

Merit: 10

Quote from: ryepdx on April 03, 2013, 03:10:03 PM

If you want to get into ASIC mining at this point, your best bet would be to buy shares of ASICMINER on https://btct.co/. Full disclosure: I own shares of ASICMINER.

Thanx Ryepdx. Done my research and this is gonna be so sweet! I am buying shares: https://btct.co/security/ASICMINER-PT.

nightwolf92

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Activity: 63

Merit: 10

Quote from: ryepdx on April 03, 2013, 03:10:03 PM

I think BFL is trying to make ASICs, if only because they delivered previously on their promise of FPGA miners. However, I also think they ended up in way over their heads on this one. I think they released specific technical details before they'd actually validated those details with a prototype and are now wrestling with a much more complicated process than they'd anticipated while trying desperately to make their promised product into reality.

The last video I saw from them was of a prototype box generating nonces and pulling just over 120w, more than twice their promised 60w. They're more than 8 months late on their promised shipping date and I don't think the latest dates they've thrown out are anything other than wishful thinking on their part. I do think they've eventually ship, but I don't think they'll ship any time soon.

If you want to get into ASIC mining at this point, your best bet would be to buy shares of ASICMINER on https://btct.co/. Full disclosure: I own shares of ASICMINER.

Im not sure how they are having so much trouble NOW seeing as Avalon released their source for Asics... And worst part is that all their bitcoins they accepted should have been held in a a sort of Escrow and allowed refunds...

ryepdx

hero member

Activity: 714

Merit: 500

I think BFL is trying to make ASICs, if only because they delivered previously on their promise of FPGA miners. However, I also think they ended up in way over their heads on this one. I think they released specific technical details before they'd actually validated those details with a prototype and are now wrestling with a much more complicated process than they'd anticipated while trying desperately to make their promised product into reality.

The last video I saw from them was of a prototype box generating nonces and pulling just over 120w, more than twice their promised 60w. They're more than 8 months late on their promised shipping date and I don't think the latest dates they've thrown out are anything other than wishful thinking on their part. I do think they've eventually ship, but I don't think they'll ship any time soon.

If you want to get into ASIC mining at this point, your best bet would be to buy shares of ASICMINER on https://btct.co/. Full disclosure: I own shares of ASICMINER.

sLide.

full member

Activity: 170

Merit: 100

It's not a validated scam, and in some the smallest sense, it could be a valid platform, but they have jerked around with thousands of people's orders for over 8 months now. I've read peoples thoughts about, "If it were a scam, why haven't they just gone black and not try to "make" ASIC chips."

I think of it like this....They have been able to generate a ton of capital without having to pay interest on that money. I believe they are using that money to make money in the bitcoin market/real market and really don't plan on making ASIC chips unless/until they have make a large sum of monies. Just my .000002.

MonkeyMarcel

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Activity: 97

Merit: 10

If butterflylabs.com is a scam, why are they still allowed to advertise on this forum?

MonkeyMarcel

member

Activity: 97

Merit: 10

Quote from: nightwolf92 on April 03, 2013, 12:54:13 PM

3. Build a rig for 1500$ or so... stack 4 7950's and build it like this
https://bitcointalksearch.org/topic/guide-make-your-own-open-frame-rig-29729

Thanx Nightwolf. Sounds like a plan. What would the Hash rate of such a rig be?

nightwolf92

member

Activity: 63

Merit: 10

1. Sold out a week ago 3 minutes after coming on the market.

2. Scam

3. Build a rig for 1500$ or so... stack 4 7950's and build it like this

https://bitcointalksearch.org/topic/guide-make-your-own-open-frame-rig-29729

MonkeyMarcel

member

Activity: 97

Merit: 10

Hi Guys

My story: I want to spend under US$2000 on a mining rig. I am mining noob so will need support.

I have these options:

1.
Avalon ASIC Unit – Batch Three
Advantage is it is faster than BFL's machine.
http://store.avalon-asics.com/?product=avalon-asic-unit

2.
BFL's 60 GH/s Bitcoin Miner:
Advantages, expandable and a active forum for support.
https://products.butterflylabs.com/featured-products/60gh-bitcoin-miner.html
I see you can buy someone's place in the BFL queue, is this a real thing or a scam?

3.
Did I miss one? Please suggest a machine.

What do you think I can do. The waiting lists are just a problem.

Topic: What machine should I buy? (Read 1613 times)