thx for your answer.

I would love to do so but i only have laptops and a fpga single that cannot be used to mine scrypt-based.

I guess I'll just wait then ... and never buy coins without up-front research  again. too bad that btc-e dropped them.

however ... waiting now

Is CHN dead now?

I sent a significant amount from btc-e to cryptsy on 07-11 and the tx is still pending. Last block seems to be from a few hours before my tx. 

Nobody mining anymore? Is my money lost now?

I voted yes after receiving a refund of about 6BTC when I wrote them a mail asking back the 70BTC i paid back in September based on their lies at that time (I was stupid enough to provide a btc address in this mail).

So, I missed the opportunity to sell my 70BTC with good profit during the bubble and I dont have an order anymore. They refuse to reinstate the order now as well.

I hate BFL and will tell everybody not to buy anything from them. They suck at everything and I hope for higher justice now.

 

ok, with such a lack of interest i would be stupid to start such a thing so i will stick to my order now.

Hello everyone  

I have a pre-order for a BFL SINGLE SC from September 2012 (order number near 7700).

I am quite pissed that the shipping date is pushed further and further into the future. Now I decided to give the pre-order away in a lottery because I paid with bitcoins when they were worth $10 and refunding or plainly selling the order is no option for me. I dont want to go into the details now, but they will follow when the lottery is started in a separate thread.

The winner gets the paid pre-order for an upgrade and my FPGA 'Single' (so he/she can mine with 830Mh/s until the asics are ready).
 
How much BTC would you be willing to pay to have a chance to win this ASIC pre-order?

(Suggestions on how to and especially with whom to escrow this thing are also very appreciated)

Update: corrected order number

My setup is:

• 1x ATI Radeon 5650
• 1x ATI FirePro V4800
• 1x BFL Single FPGA

This gives me something around 1000Mh/s (and - including the PC but not the monitor - draws 260W)

I exchanged 20% of my Bitcoins to Litecoins recently because I think they have the most potential to be #2 of the cryptocoins. At the moment Litecoins are more established than all the other ones. There is even a SR alternative called Atlantis where goods are traded for LTC since last week, which could help to increase their value and use.

This may change in the futurre but right now I think the answer to your question is: Litecoins

 

Governments make more and more efforts to abolish cash or to restrict its use (see Spain, Italy, France).

I was wondering which alternatives were available because I cannot imagine a society without the possibility for anonymous transactions. Then I heard of SR and Bitcoin and I knew: This is it! 

I dont think that using ASICs for other things than Bitcoin mining will be possible at all. These are highly specialized chips that were developed for just one task - mining with the SHA256 algorhythm. FPGAs are programmed chips that can be used for other things, when the programming is changed.

The good thing is: There wont be another hashrate jump within the foreseeable future. ASICs are the end of the line. And although someone might develop ASICs that are a bit more efficient of have higher clock rates, this will only increase the hashrate in a linear way and slowly over time.

So unless you lose your interest in bitcoin and/or mining you will be able to use your ASIC for a long time.

(But still: Other people that are buying ASICs and take part in mining will decrease profit over time.)


 

Nobody knows fur sure, how profitable mining will be in the future. It depends on bitcoin price and the difficulty. At the current price ($50) and with a difficulty of 80-100,000,000 a 60GH/s unit will still pay for itself within 6-9 months. Not too bad compared with other investments. 

Peronally I think that diff wont go over 100,000,000 within the next 12 months but of course, I'm not sure about that.

The first people that ordered ASICs with pay off their units in  a few days (if BFL ships soon this is). Ordering now might still make sense - IF you have trust that BFL will deliver at all.

Use this calculator and decide for yourself: http://www.bitcoinx.com/profit/