60 GH/s Bitcoin Miner ,to buy or not to buy ?
 

https://www.amazon.com/dp/B00C0CGTFG/ref=as_li_ss_til?tag=forumposterro-20&camp=0&creative=0&linkCode=as4&creativeASIN=B00 C0CGTFG&adid=0KYY5QDT8G5T3VGK13WP&

http://ecx.images-amazon.com/images/...500_AA300_.jpg

I am buying one that turns lead to GOLD:winkwink:

What exactly are they mining?

DREAMS:winkwink:

yeh good luck man, might take a few months to get one and by then the diffulcty in mining them would be x100

I just leased Watson from IBM to mine.

if you had it right now you could be getting

daily = $566
Weekly = $3,967
monthly = $17,228

at the current exchange rate of course

Brand New PRE ORDER!! Note 3/24/13 These machines are not yet available for purchase, and there is a minimum 2 month delay before it will arrive when shipping starts.

I would advise against it until they actually ship their product. The first shipments were supposed to go out last october and they still haven't shipped. They are not a scam just very bad at doing what they say they are going to do in a timely manner. I have a couple on order but very close to asking for a refund. :p

I'm thinking there will be some new competitors out very shortly.

http://launch.avalon-asics.com/ These people have already started shipping their ASIC miners in batches.

did butterfly labs started shipping yet? i know guys that are waiting for months on their order

this looks like big brother

http://www.amazon.com/Bitcoin-Mini-R...sim_sbs_misc_3

u cant buy that .. u can just send the money to them ... they NEVER shipped one so far ...:error

They are using it to make my bitcions for them:winkwink:

I don't know shit about the difficulty, how quickly it increases, etc.. What I do know for SURE is that I would NOT buy one unless I could have it delivered right away. You can only base the roi on todays difficulty. Spending a pile of cash and waiting without knowing for sure what will happen to the difficulty (much less the value of the coins) is a bad idea

perfect buisness idea, devellop a super turbo miner, and mine the shit out it.
in the meantime you put a complete line up for sale, the first batch of 4-5 you devide between some big miners that are active in the community. then you let the pre-orders for the next batch roll in, and you start shipping them out when its not worth it to use it anymore :D

Is it possible that Butterfly Labs made a site, took pre-orders, and then decided to buy some cars and stuff?

Please excuse my ignorance here, but if they are selling machines for $3000 or so that can make $17,228 a month (based on current exchange rates), and they can obviously build those machines for much less, what would be the logic in selling those machines and not using them all to mine themselves? They would make a lot more money.

And the fact they are taking sales but have not shipped any yet doesn't sound an alarm with any of you?

word is that is exactly what they're doing. i asked the same question recently and was informed bfl is currently prepped to increase their mining 30x over current. that's hearsay but why wouldn't they?

no, whew, getting into mining right now as a rookie would seem to me to be even more risky than buying a bitcoin or 3.

I read some talk on bitcointalk.com that this company is questionable. You might want to have a look before you order.

From what I understand mining isn't worth it for most people these days. There is but a finite amount of bitcoins able to be mined in a certain period and as more people mine the difficulty to mine a block increases. So it's either go big (or more accurtately HUGE)or go home. Most people historically would have been better off putting that money into bitcoins directly. They are over $150 now when two weeks ago they were under $100.

Bingo! :thumbsup


These cunts will never ship!

So nobody knows what these things are mining?

i have a few bridges for sale - in case anyone is interested

Bitcoins?

Still upset i see. Don't be bitthurt man.

Did you spend 15 mins reading about bitcoins already or do you still have no idea what it is or how it works?

Why do you ask such questions!:pimp :upsidedow

They are doing "something", BC crew care to explain it?

why should i be upset? i can't be upset about something that has zero relevance for me :winkwink:

but what amazes me is the almost religious enthusiasm some people have when it comes to bitcoins, it's almost like Apple owners.
as soon as you dont agree with them, they become like a kid in a sandbox which has his little shovel taken away

:)

i read about it - it still has zero relevance for me

You are just too bald to understand.

Found this statement?

Mathematical equations for who?

Ok, then you can stop crying about them in every bitcoin thread?

https://en.wikipedia.org/wiki/Bitcoin#Bitcoin_mining


https://en.wikipedia.org/wiki/Proof-of-work

there are like 50 threads about bitcoins, i posted in 3 - including this one.

but since it seems to annoy you - and since i tend to do exactly the opposite of what someone tells me to do - i'll now pay extra attention to your threads about them :winkwink:

and sorry for taking your shovel :glugglug

My shovel?

here is a quite readable article on the mining process from a well-regarded phd economist.

please let me know what you think. :thumbsup

http://mises.org/daily/6399/The-Moneyness-of-Bitcoins

from the article:::::

So can one guy just install the necessary software on an i7 with a decent ati card and still make a small profit mining, or are those days long gone? Just wondering, as I have one that runs all day anyway sitting in a closet as a media server. Even if it made enough to pay for the hydro it uses it would be worth it.

CPU mining you can forget, if u have a bigass GPU maybe you can earn a couple of bucks a month on it

OK not gonna waste my time then. If I could earn a buck or two a day maybe since the computer runs 24/7 regardless.

check your GPU here

https://en.bitcoin.it/wiki/Mining_hardware_comparison

enter your megahashes here

http://www.alloscomp.com/bitcoin/calculator

current difficulty is: 7,673,000

take the realtime price from mtgox

and calculate yourself if its worth it

Haha so true...

reminds me of the gold rush back in the 19th century
most dudes went rich selling tools and infrastructure, land for mining and most of the folks trying to get rich fast
went broke , scammed or dead

http://bitcoin.sipa.be/

Good question.

you're actually not buying there a machine than pre-order for that machine...

The funny thing is that people talk about it here, but 99% of people in this thread have no fucking idea how to mine them...

Funny how people like to show off, when they have no fucking idea how to do it.

With luck, running a powerful computer 24/7 for 1 month, you could make 20 bucks (and that is with luck)...

Now the question is, how much would you waste in electricity?..

Obviously not worth it. I wonder why a few users in this forum make so much BUZZ about bitcoins.

Wonder how long until hookers start accepting bitcoins...

http://25.media.tumblr.com/acd792b82...8pt4o1_400.gif

Exactly.

:2 cents:

You vass dere, Charlie?

LOL!

:winkwink:

OK, so why do you bother posting in Bitcoins theads?

:2 cents: