Quote from: hexed on June 05, 2013, 07:08:49 PM

Quote from: DPoS on June 05, 2013, 06:49:42 PM

Quote from: hexed on June 05, 2013, 06:46:19 PM

..don't get me wrong.. I would LOVE to receive my stuff asap so I can get in on this "under 50 million" difficulty. I personally think Butterfly labs WILL ship my stuff. It's not the how, who, and what.. it's the WHEN that determines if I make a couple of grand.. or make 10-20 grand. No matter how much Butterfly labs messes up and shows its mismanagement, I still think they have every intention of fulfilling their orders and staying in the business for the long haul. That's about all I can say right now though.

they love you man... but for YOUR sake please spread out your bets though

there is a real reason that ASICminer gets the price they ask.. wake up to that fact

trust me.. if I had the money to buy into anything else at this point I would. ASICs are super pricey and I've already woken up to that fact. I can't afford asic miner equipment but they certainly demand the price. Unfortunately I've put all my eggs in one basket. IF I receive my product I'm 100% sure I'll make some money off of it (seeing that I have nothing truly invested.. making 10$ would be considered profit to me). I assume that IF I receive my devices, the difficulty has to hit the 600 million range to be not worth it to me. That is making ~100-125$ @ 40GH/s and 120$ bitcoins. Let's not forget that by the time the difficulty is up to 600 million, we may see a significant rise in bitcoin prices. If I get my device at the 50 million difficulty mark, I will still be making ~850$ a month. If I save 4 bitcoins a month and after 6 months the difficulty is at 500 million, but bitcoins are 300$ a bitcoin, I will have saved 7200$ in bitcoins and will be making ~$366 a month. That is only ~1.15 bitcoins a month @ 40GH/s @ 500 million difficulty @ $300 bitcoins. For me, nothing to scoff at and of course it is purely speculation. Take it for what it is worth, but we have a lot of variables that determine the profitability of different mining devices. Hopefully the stars align for most of us (adopters of BFL, asicminer, Avalon, bitcoin horders, etc..)

The only thing that could happen is BFL just picks up and disappears with all of our money. Time will tell but I'm still leaning on them staying in the business. If not.. oh well. Maybe I'll score it big on something else. If I was a huge investor, or sunk ANY money into this I was not already writing off as lost, I would have a totally different outlook. Might as well have spent my bitcoins at the bicoin casino if that was the case. Wink

you got it right that the only way to get ahead is to take an early risk on one of these ASIC horses since once it can be bought off the shelf the ROI is pretty long (USBees, etc) & DIY projects have their own set of stars to be aligned

Maybe you can get BFL to ship you a bunch of Jallys

The price of bitcoins is a whole other beast.. if there isn't much of an economy it will start to tank as every ASIC miner sells quickly to get back their ROI.. then after that swoon, the price will grow again next year.. BUT if there is more and more ways for merchants to spend bitcoins on things they need without converting, then you get that side to grow..and offer more things in bitcoin.. then miners won't rush to convert and will just use bitcoins

perhaps to make it rich now, get into other areas of the bitcoin ecosystem? Mining is getting to be a crowded trade... but I have my hat in the kncminer for a saturn or two since I am a 1-500 pre-reg. That will really increase my current 2Gh mining for sure