Quote:
Originally Posted by Rathji
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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Dilemma right now is whether or not to fire back up my 5GH/s conventional mining rigs for 2 months or liquidate it all now before BFL units kill the value of current hardware. The bubble could well burst before then but I have all these GPUs gathering dust.
From the proceeds of selling the 5GH/s worth of conventional hardware at today's prices, I could buy a 25 GH/s Bitcoin Miner...