Quote from: jmevz on August 13, 2013, 11:19:01 AM

Quote from: flagel8 on August 13, 2013, 03:40:56 AM

Quote from: jmevz on August 13, 2013, 01:34:04 AM

I invested in an ASIC from KNCMiner, shocking investment. We shall see...

Thoughts?

At this point in time, I'll be happy if it simply pays itself off, not expecting too much more due to the difficulty increases etc...

Not so shocking. It's an alternative way of buying BTC, hopefully with FIAT currency, although you do not know in advance how many coins you will receive. Also, it's good for the blockchain. BTC is awkward enough to buy that I am also considering buying a mining contract, for FIAT, of course. (If it were Winter, I might consider a mining device).

We shall see what the next month or two bring

The popularity of bitcoin is increasing. I think one day bitcoin will kill paypal.