Post
Topic
Board Beginners & Help
Re: BFL did lie about their ASIC! NEW info.
by
super3
on 01/12/2012, 20:42:19 UTC
Well, we will see. In any case if you invested in ASIC you should have done so with more than one vendor in order to mitigate risk.
I could not disagree with that more!
You should invest in ASIC only after you have seen one delivered to someone somewhere.

4 months ago, when the first pre-orders started, if u invested 10 000$ in BTC or in GPUs, now (if you sell the GPUs) you would probably have 15-20 000$ depending on how smart and lucky you are. Although this is a very very rough estimate, how is investing in a ASIC 4 months ago a better than this?

Now if we assume that ASICs come today and difficulty rises 2-3 times. If you buy ASIC after you will miss the most profitable period, but that would be roughly compensated from the 50-100% income of mining or just playing on the BTC market or doing something else with your money for 4 months. So lets say that its relatively the same.

But what if ASICS don't come out, or come out in 2-3 months. Wink  Huh
You make a good point there. The problem with the ASICs is that they are vaporware(this is hardware. is that the right term?) right now. As long as Bob down the street has one, then its just a supply problem, and you could get yours to in a reasonable timeframe.