Quote from: Cluster2k on June 23, 2011, 04:00:48 PM

Quote from: Mousepotato on June 23, 2011, 03:08:21 PM

Quote from: mlouca on June 23, 2011, 03:05:24 PM

Just curious if people are actually buying their 1st and 2nd rigs still? isnt it a bit too late for them to get in the game this late given the diff level is just about to hit 1mil

Maybe if they expect to pay off their hardware the same day. You gotta look forward though, maybe 30-90 days down the road. Factor in difficulty increases as well as the BTC doubling or tripling in value.

Factor in difficulty increasing 50% every 10 to 14 days with no increase in BTC's value. The last two 50% increases the average BTC/USD$ exchange rate has actually gone down, not up. Yet the hash rate has doubled with more capacity being added daily. People are adding capacity regardless of pay off. I wager we're starting to see a major uptake of FPGAs. Some on this forum will deny it, others have thrown about dates of September before FPGAs are likely to make a big impact. I say it's happening now, and those mining professionally with FPGAs are not going to share their designs (why should they) and won't tell the world about what they're doing (don't want to spoil the party).

i thought the consensus was that FPGAs, while using less electricity, cost significantly more per hash and thus
it would take a severely long time to recoup your investment at this time. If i recall correctly.. i could probably
get started with a setup for around 600 dollars that will do 100 mh/s if i remember reading that correctly.

That is why ASICs became so interesting to folks around here. Same power usage about.. but many more hash
per second.

I can be completely wrong about FPGAs though and do not recall the main thread correctly.