A bit of both, I guess.  

Just curious... why do people like you feel the need to post this "you'll never ROI" nonsense in the Custom Hardware forum when there's a whole section devoted to Mining Speculation.

After the last increase,  shouldnt the hboards be $250ish?   

my new v1.2 cards are in and im heatsinking them now

are these overclocked already? It looks like both R01F and R02F is already sitting around 1.8 K-ohm

and some are hobbyists, just wanting to be part of something big.....   why does everyone leave that out? 

The big part is the money spent that is all

i was told the 333mhs BE's would never ROI,    pretty  sure everyone i bought did.....  

People have been saying that from the beginning.  If you go back and look at early 2011, when I started GPU mining whether I came out ahead mining or buying bitcoin depends on when I would have bought them.  I made way more BTC from GPU mining then I would have from if I had just bought bitcoin for around $5-10.  unfortunately I ended up selling a lot of those bitcoins around $10...  I did still make a pretty big USD profit, though and I had enough bitcoin left over for a B2 Avalon, which again more then paid for itself.

The thing is, I made most of my bitcoins in the long phase where difficulty leveled off before the first ASICs hit the network. Eventually the same thing is likely going to happen with ASIC miners, margins are already getting pretty thin, but the difficulty is going to have to go up a long way before they're unable to pay for their own electricity, and when prices go up the margins on that electricity go up as well.  So for example, my Avalon is probably still making about $15/day, while using about $1.26 in power. So, even though the difficulty has gone way up, the usable life has been extended.

Cmon... I'm not talking about t->infinity but about the next months and maybe years. By the time we will see saturation (i.e. no difficulty adjustment in either direction beside statistical noise) ALL of the hardware sold now will be useless (as in "not even mine its own electricity cost").

Mining is going to centralize in the future. Margins are getting thinner and thinner and then only companies which mine for themself and with simple designs will survive. The Bitfury "one string" design is the way to go.


A lot of people are hunting the "Avalon batch #1" myth.

Also what seriouscoin said in the post above. You want to win the mining game? Then don't play it.

No, it's not. You're trying to compare overclocked incomplete Bitfury systems with stock clocked complete Antminer systems. That is not a valid comparison.

Please let me know how the new cards are working., I am considering buying some tonight.

Thank you.