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Title: Does Butterfly Labs Deliver? Post by: cliffbtc on September 08, 2012, 03:53:10 AM Hi,
I have been considering purchasing the BFL Jalapeno that is supposed to start shipping soon. My issue is looking at previous post and researching it, I doubt if they deliver. Searching youtube I only found 2 videos of people having one, if people have been receiving them I would expect more videos on youtube and "brag" post here. Also with the Jalapeno coming out at 3.5 GH/s for $149 vs the single at $599 for 832 MH/s I would expect hordes of people rushing to sell their singles while they are still worth something to put in some pre-orders for a couple Jalapenos. Searching E-bay and Bitmit I was only able to find one person selling their single (http://www.bitmit.net/en/trade/i/4735-used-bfl-rev-2-singles-can-still-trade-these-up/description). I only believe this further supports my doubts, but in an act of good faith I ask any one reading this who owns a Butterfly labs products to post pics to this thread or post youtube videos of your's in action and link it here. Please prove me wrong. Title: Re: Does Butterfly Labs Deliver? Post by: Graet on September 08, 2012, 04:19:49 AM BFL have been shipping FPGA (late) for some time
BFL are offering "trade in" on FPGA against ASIC, why would ppl rush to sell them? ASIC have not been shipped yet, read more than 1 post :) hope thats a help Title: Re: Does Butterfly Labs Deliver? Post by: cliffbtc on September 08, 2012, 05:08:45 AM you have a BFL product? pics????????????? video??????? proof??????
Title: Re: Does Butterfly Labs Deliver? Post by: cliffbtc on September 08, 2012, 05:12:47 AM "BFL are offering "trade in" on FPGA against ASIC, why would ppl rush to sell them?" They can't... that's the point of my thread how can you rush to sell or "trade in" something you never got?
Title: Re: Does Butterfly Labs Deliver? Post by: Graet on September 08, 2012, 05:14:44 AM personally no, but too many people I know and trust on mine on my pool with BFL FPGA devices, they exist.
Title: Re: Does Butterfly Labs Deliver? Post by: Graet on September 08, 2012, 05:15:51 AM oh and there was a bet and a video of the unboxing of the 1st BFL FPGA device, search the forums for it from like months ago.
Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 08, 2012, 05:18:39 AM This thread (https://bitcointalk.org/index.php?topic=77796.0) is full of people who have received their Singles.
This (https://bitcointalk.org/index.php?topic=70611.0) thread has some pictures/videos of Singles. The reason why everyone aren't mass selling their current Singles is that a lot (most) of the Singles will be traded in for ASICs. Title: Re: Does Butterfly Labs Deliver? Post by: Monkey1 on September 08, 2012, 09:11:40 AM There are plenty of BFL FPGA in the wild. There are not (as far as I know) any ASIC yet. These are due for release in the next 4 weeks or so but whether BFL make their delivery target is another issue.
I think that it is agreed that BFL are not a scam operation, but they may have over promised on the ASIC and this remains to be seen. Title: Re: Does Butterfly Labs Deliver? Post by: dankroxel on September 08, 2012, 07:23:12 PM Indeed, the bottom line is we are working to improve customer service and our shipping times. We just shipped orders from the first of August, so we are getting caught up there. I have been working hard on the customer service issue as well as the shipping issues. We are also working very hard on getting the ASICs out the door on time. We are really beefing up our production capacity and moving everything we can in house. We've purchased a pick and place machine, an oven, stenciler and other equipment to manufacture all the boards in house. This means we can produce as many boards as we need without being at the mercy of board manufacturers and their timing/runs. Our ASIC chip is 100% original IP and we will have as many chips as we need, when we need them. We are standardizing a lot of our equipment, so we can keep massive quantities of inventory on hand (at least 6 months of production work is the goal), allowing us to crank out units - literally - 24 hours a day, 7 days a week if need be. We've hired more personnel and will be hiring yet more people as we gear up. The ASIC generation is going to be much less complex, as well, so there will be less steps to creating a fully functional end unit, and we will also be able to assemble/produce the much faster. Everything you know about BFL is changing now and will continue to change. The only thing I can do is assure you we understand the concerns and we are doing everything we can to address the past mistakes. Title: Re: Does Butterfly Labs Deliver? Post by: Badonkadonk on September 10, 2012, 09:03:13 AM i think they will deliver (sure maybe a bit late...), and for there estimation, a 10-20-30% miss calculation would still be friggin impressive :)
Title: Re: Does Butterfly Labs Deliver? Post by: BobbyJo on September 10, 2012, 06:18:16 PM They will deliver something at some time. The question is how late and how close to advertised spec (and how much power)!!
Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 11, 2012, 04:26:58 AM They will deliver something at some time. The question is how late and how close to advertised spec (and how much power)!! By Christmas I hope to have all current pre-orders shipped, not just the first batch! Title: Re: Does Butterfly Labs Deliver? Post by: wknight on September 11, 2012, 03:39:20 PM I dont have BFL FPGA's? What the hell is in my basement!
Title: Re: Does Butterfly Labs Deliver? Post by: greyhawk on September 11, 2012, 06:15:32 PM I dont have BFL FPGA's? What the hell is in my basement! A fire hazard? Title: Re: Does Butterfly Labs Deliver? Post by: SistaS0uljah on September 11, 2012, 06:19:57 PM I just decided to put in my pre-order for the Jalapeno this morning. The other miner I was looking at was the BTCFPGA ModMiner, but the Jalapeno beats it hands down on price as well as performance, if the Butterfly Labs website is accurate. My five GPUs are working very hard for meager payouts right now, and will be even less productive in a few months, so I'm looking to the future with this, and hope BFL can truly deliver. Hell, since they're so close (couple hundred miles), I might want to take a day or two off work to drive over there to Kansas City and look at their facility.
Title: Re: Does Butterfly Labs Deliver? Post by: imsaguy on September 11, 2012, 06:23:40 PM I dont have BFL FPGA's? What the hell is in my basement! Depends on if your wife is standing behind you right now... Title: Re: Does Butterfly Labs Deliver? Post by: greyhawk on September 11, 2012, 06:31:11 PM Hell, since they're so close (couple hundred miles), I might want to take a day or two off work to drive over there to Kansas City and look at their facility. Sounds great, I'm jealous. Think you can do a trip report? Title: Re: Does Butterfly Labs Deliver? Post by: Badonkadonk on September 11, 2012, 11:00:16 PM Hell, since they're so close (couple hundred miles), I might want to take a day or two off work to drive over there to Kansas City and look at their facility. Sounds great, I'm jealous. Think you can do a trip report? and sneek in some pic`s while you`r at it!! :D Title: Re: Does Butterfly Labs Deliver? Post by: flower1024 on September 12, 2012, 06:07:45 AM Hell, since they're so close (couple hundred miles), I might want to take a day or two off work to drive over there to Kansas City and look at their facility. Sounds great, I'm jealous. Think you can do a trip report? and sneek in some pic`s while you`r at it!! :D +1 me wants his jalapeno ,) Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 12, 2012, 06:17:51 AM Hell, since they're so close (couple hundred miles), I might want to take a day or two off work to drive over there to Kansas City and look at their facility. Sounds great, I'm jealous. Think you can do a trip report?I'm just kidding, but I wish I wasn't Title: Re: Does Butterfly Labs Deliver? Post by: Paladin69 on September 13, 2012, 04:14:25 AM I like my mini-rig. But my estimated btc income per day is dropping slowly little by little...
Title: Re: Does Butterfly Labs Deliver? Post by: arklan on September 13, 2012, 04:17:48 AM I like my mini-rig. But my estimated btc income per day is dropping slowly little by little... as is everyone's, really. and i don't think there is any circumstance where that won't be the case. the keep a given level of income from mining, one will need to continually grow their hash rate. i'm not suggest we'd need to buy a new $1000 worth of hardware each month, but now and then to counteract the rise in difficulty? yea. now, if only i had the money to DO that... Title: Re: Does Butterfly Labs Deliver? Post by: psilan on September 13, 2012, 10:08:32 AM I like my mini-rig. But my estimated btc income per day is dropping slowly little by little... Has the investment paid itself off yet? Title: Re: Does Butterfly Labs Deliver? Post by: HDSolar on September 13, 2012, 07:37:39 PM I like my mini-rig. But my estimated btc income per day is dropping slowly little by little... Its going to do that since that is how bitcoins works, sucks and I am right there with you.To answer the bigger question, they deliver! Slow and with some tweaks but they do deliver. Got first single perfect no problems but slow. Got ten more singles and slow again but two out of ten did not work right, traded out and two weeks later they were replaced. All 11 working and if I could get the room colder without effecting cost they work as listed. I will send a photo of my little crop soon. Also I am in on a mini-rig too but that is hosted offsite. Getting ready for the SC switch too so looking forward to that (I hope that goes well but I know BFL will deliver on those in Nov'ish time). Title: Re: Does Butterfly Labs Deliver? Post by: CJGoodings on September 14, 2012, 05:27:04 PM I wonder how long they will draw it out before packing up all your btc & fpga trade ins and heading for their newly purchased private island.
Title: Re: Does Butterfly Labs Deliver? Post by: GernMiester on September 14, 2012, 05:28:49 PM Yes. But slowly
Title: Re: Does Butterfly Labs Deliver? Post by: MXRider on September 14, 2012, 05:41:28 PM I like my mini-rig. But my estimated btc income per day is dropping slowly little by little... Has the investment paid itself off yet? No way. I'm not sure that any MiniRigs has time to pay itself off. Maybe gigavps got them early enough and sold coins when the price was ~14 but I doubt that. Title: Re: Does Butterfly Labs Deliver? Post by: jjshabadoo on September 14, 2012, 09:08:54 PM Mini-rig was a pre-funding option for BFL to begin their ASIC development. They knew they would then have 50% lock-in for their ASIC terahash rigs or so it seems.
It will still work out for mini rig folks as long as they do the trade-up, without it they have zero economic chance outside of a huge price spike. Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 14, 2012, 11:06:01 PM Mini-rig was a pre-funding option for BFL to begin their ASIC development. They knew they would then have 50% lock-in for their ASIC terahash rigs or so it seems. http://bitcoinx.com/profit/It will still work out for mini rig folks as long as they do the trade-up, without it they have zero economic chance outside of a huge price spike. Break even on a Single: 224 days. Break even on a MR: 173 days. IIRC, the first MR started showing up ~ 3 months ago. That's 90 days. we still have ~60 more days till the ASICs start shipping. That's pretty close to the break even, even without ASIC level difficulty. Title: Re: Does Butterfly Labs Deliver? Post by: Paladin69 on September 15, 2012, 05:42:55 AM I'm estimating 120-150 days to pay itself off depending on where the spot price goes. I earned almost $3.5K my first month owning...I would've been $4.5K if it weren't for Pirate causing the market to drop due to his stealing from others. No stock in the world can return that kind of dividend regardless. I will be upgrading to ASIC. I'm even tempted to buy a second ASIC rig.
People also have to remember that those of us buying mini-rig's aren't buying into bitcoin. We're buying into the security network that can audit the ledger transactions that just so happens to earn coins and fees in the process. These rigs can be retooled to mine for anything else the market decides could possibly be more valuable than bitcoin in the future. They can do a variety of things. Even hackers see value in them for brute force stuff. Their resale value should maintain so long as you keep up with the ASIC upgrade path. SHA-2 has a variety of uses as a technology that many industries can see value in. The biggest loser will be kids that can't afford more than GPU's and people that stick with FPGA's and not upgrade. They will be displaced and drop out of the market. It sucks for those that don't have money so I sympathize with them. Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 15, 2012, 06:29:34 AM I'm estimating 120-150 days to pay itself off depending on where the spot price goes. I earned almost $3.5K my first month owning...I would've been $4.5K if it weren't for Pirate causing the market to drop due to his stealing from others. No stock in the world can return that kind of dividend regardless. I will be upgrading to ASIC. I'm even tempted to buy a second ASIC rig. People also have to remember that those of us buying mini-rig's aren't buying into bitcoin. We're buying into the security network that can audit the ledger transactions that just so happens to earn coins and fees in the process. These rigs can be retooled to mine for anything else the market decides could possibly be more valuable than bitcoin in the future. They can do a variety of things. Even hackers see value in them for brute force stuff. Their resale value should maintain so long as you keep up with the ASIC upgrade path. SHA-2 has a variety of uses as a technology that many industries can see value in. The biggest loser will be kids that can't afford more than GPU's and people that stick with FPGA's and not upgrade. They will be displaced and drop out of the market. It sucks for those that don't have money so I sympathize with them. These ASICs perform a double SHA-256, which has been pointed out elsewhere, has no other functional use outside of bitmining. BFL said these cannot be used for password cracking. Hate to tell ya, but you're making a 30k bet that BTCs are here to stay. Title: Re: Does Butterfly Labs Deliver? Post by: jjshabadoo on September 15, 2012, 02:26:54 PM Well the key as Paladin pointed is securing the network. I wasn't comfortable with BFL's pre-order restrictions which is why I didn't buy from them. I also was concerned about distribution of ASIC technology which we all went over ad nauseum. I feel comfortable now that there is some competition and it appears BFL has addressed previous issues.
In the end we will now see wide deployment of ASIC technology which I NEVER felt was a bad thing, as along as it was distributed widely so there was limited chance of "cornering" the mining market. Of course people will still be pissed if there is a price war, because we all know this technology had high development cost and very low production cost after the product is developed. This might not be great for early adopters depending on when prices drop, but it will certainly be good for the network as people will continue buying hardware as prices drop. In the end we will see bitcoin being secured by a petahash in due time. This is great news for any of us who believe decentralized digital currency is the people's weapon against international banking cartels. As someone who has a few business plans for bitcoin related businesses, this is the news I had been waiting for. Title: Re: Does Butterfly Labs Deliver? Post by: Badonkadonk on September 15, 2012, 02:58:34 PM Well the key as Paladin pointed is securing the network. I wasn't comfortable with BFL's pre-order restrictions which is why I didn't buy from them. I also was concerned about distribution of ASIC technology which we all went over ad nauseum. I feel comfortable now that there is some competition and it appears BFL has addressed previous issues. In the end we will now see wide deployment of ASIC technology which I NEVER felt was a bad thing, as along as it was distributed widely so there was limited chance of "cornering" the mining market. Of course people will still be pissed if there is a price war, because we all know this technology had high development cost and very low production cost after the product is developed. This might not be great for early adopters depending on when prices drop, but it will certainly be good for the network as people will continue buying hardware as prices drop. In the end we will see bitcoin being secured by a petahash in due time. This is great news for any of us who believe decentralized digital currency is the people's weapon against international banking cartels. As someone who has a few business plans for bitcoin related businesses, this is the news I had been waiting for. +1 now we only need to get more buisnisess to accept bitcoin, as finland is at a good start im hoping atleast scandinavia will follow in there footsteps. i live in a pretty small town, like 10k-15k ppl and ive allready talked to a few of the local shops about it, and they seem to be a bit interested :D ( pun intended :P ) would be awsome beeing able to go out and buy groceries or hardware and whatnot for bitcoins using a smartphone 8) Title: Re: Does Butterfly Labs Deliver? Post by: iCEBREAKER on September 15, 2012, 02:59:54 PM decentralized digital currency is the people's weapon against international banking cartels. Nice turn of phrase. Mind if I steal it? :D Title: Re: Does Butterfly Labs Deliver? Post by: Zack on September 15, 2012, 05:21:05 PM Sincerely hoping my jalapenos will get here before the end of the year. I've heard they are just NOW shipping singles (Not ASICS) ordered from early August.
Title: Re: Does Butterfly Labs Deliver? Post by: imsaguy on September 15, 2012, 05:29:05 PM Sincerely hoping my jalapenos will get here before the end of the year. I've heard they are just NOW shipping singles (Not ASICS) ordered from early August. The singles shipping time is the best its ever been. You should have done more research if you were worried about a 30 day turnaround. Title: Re: Does Butterfly Labs Deliver? Post by: Zack on September 15, 2012, 05:44:42 PM Sincerely hoping my jalapenos will get here before the end of the year. I've heard they are just NOW shipping singles (Not ASICS) ordered from early August. The singles shipping time is the best its ever been. You should have done more research if you were worried about a 30 day turnaround. I've read and done quite a bit of research on BFL and their problematic shipping, and I of course was not looking for a 30 day turnaround, I was given an estimate that pre-orders would begin shipping late October-Early November, so I'm hoping to get it before January. Title: Re: Does Butterfly Labs Deliver? Post by: CJGoodings on September 15, 2012, 05:52:49 PM So many pre-orders with 0 proof that the ASIC tech will even work.... its just blows my mind that so many people will throw thousands into a site that sells you a place in line...
Now i understand how so many of you guys are taken for everything your worth by people like Pirate. Title: Re: Does Butterfly Labs Deliver? Post by: Zack on September 15, 2012, 05:56:21 PM So many pre-orders with 0 proof that the ASIC tech will even work.... its just blows my mind that so many people will throw thousands into a site that sells you a place in line... I have a few worries, but $170 of investment isn't much for me. Can't speak for people who have pre-purchased single SC's or even mini rig SC's, for me that is just too much to invest in something I have yet to see actual proof of, though if I have owned BFL machines before I could have a different outlook on this. Title: Re: Does Butterfly Labs Deliver? Post by: nolo200 on September 17, 2012, 02:03:45 AM They have refused to allow anyone to pick up a unit or see their facility. I have asked. I'm very close to Kansas City, so it would be easy if I knew their address.
Title: Re: Does Butterfly Labs Deliver? Post by: imsaguy on September 17, 2012, 02:10:46 AM They have refused to allow anyone to pick up a unit or see their facility. I have asked. I'm very close to Kansas City, so it would be easy if I knew their address. Not true, some people have gotten to see it. Title: Re: Does Butterfly Labs Deliver? Post by: crazyates on September 17, 2012, 04:43:32 AM They have refused to allow anyone to pick up a unit or see their facility. I have asked. I'm very close to Kansas City, so it would be easy if I knew their address. Not true, some people have gotten to see it.Title: Re: Does Butterfly Labs Deliver? Post by: DavinciJ15 on September 18, 2012, 11:29:10 PM you have a BFL product? pics????????????? video??????? proof?????? I have 3 BFL products and there are lots of posts here with people spending 15k and getting product so don't worry about your $150 investment I have 10k down on SCs. Cheers Davinci Title: Re: Does Butterfly Labs Deliver? Post by: firefop on September 20, 2012, 04:20:18 PM you have a BFL product? pics????????????? video??????? proof?????? I have 3 BFL products and there are lots of posts here with people spending 15k and getting product so don't worry about your $150 investment I have 10k down on SCs. Cheers Davinci Same here - I've got singles and have invested in asic upgrades for them. Title: Re: Does Butterfly Labs Deliver? Post by: HDSolar on September 20, 2012, 04:54:09 PM you have a BFL product? pics????????????? video??????? proof?????? I have 3 BFL products and there are lots of posts here with people spending 15k and getting product so don't worry about your $150 investment I have 10k down on SCs. Cheers Davinci Same here - I've got singles and have invested in asic upgrades for them. Ditto and I have BFL gear running that I see and touch every day. I also have my SC order in as well. |