Thread: Bitcoins
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Old 04-05-2013, 09:21 AM   #49
Rathji
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Quote:
Originally Posted by Hack&Lube View Post
Is anybody here even considering using an ASIC miner like the Butterfly Labs Bitforce series?

I'm guessing that once the ASIC miners come out in May-ish, the bottom will fall out for prices for graphics cards and mining will become infeasible for conventional miners as the difficulty will skyrocket soon.
I was, before the price bump.

Not sure now, though, as by my estimates, unless the price stayed over $80 there was no way you would expect to make money except in the extreme long term. This is assuming that difficulty increases by 50-100x within the initial couple months before someone who ordered now would receive their unit. Any less than that, and you will earn money for sure and more than that and you will lose money for sure.

The reality of the situation is that most BFL units won't be shipped and in use until June or July, best case scenario.
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