Bitcoin Forum

Anyone trust Butterfly Lab and pre-ordered? If so do you think it's too late to pre-order now?

How long do I have to wait if I pre-order now? 9/17

https://bitcointalk.org/index.php?topic=89685.0

They're approaching almost 7000 orders by now. However, BFL_Josh recently said he wants to have all pre-orders shipped before Christmas.

Does he mean all pre orders or those already ordered now?  If they dont ship till early Nov, they have 6 weeks worth of orders still to come.  That 7k orders could increase dramatically as details start to come out about the hardware!!

If he stated all, I think it's safe to assume he means all pre-orders.

lol so pretty much if u dont get one of these ur out the mining game? difficulty level out the building. everyone w max cards n using max watts gonna have to retire.. hope they broke even. ive been on hiatis last 8 months with some bullshit glad to be back just in time to strike these coinz. :P hopefully this is the peak of this technology for a while... im all in.

Seems to be about the size of it. I'm going to start small with a Jalepeno, and if it performs well I might get a single for the long-term, hopefully before the ROI is over a year from the difficulty level

lol im skeptical... i think a u wanna jus go ahead n skip to the 40ghash rigs.. difficulty is gonna spin out of control alot quicker than u think im afraid. 8000+ preorders... things are gonna get ugly real quick.

Oh fuck me, that's 24,500GH/s if they're all Jalapenos, which obviously they're not.  So there goes GPU mining lol.  That puts it, given today's prices, at something like 60% under the cost of electricity.

P.S. sold my two 5830's 6 months ago :D w00t

lol right? but im jus sayin be safe n go w a 40ghash rig. jalapenos might not be very profitable. i guess nobody really knows tho but i mean if u sold 2 video cards thro anoth 600$ on it n grab the 1299$ rig. i mean even if THAT rig aint gonna be very profitable, at least u know ur a fuckin boss lol. but ya if u do the math on if all 8000 pre orders are 40ghash rigs... difficulty up23x... keep in mind im jus using that reasoning cuz SOME rich mother F---r gettin those terahash rigs.. id say difficulty 20-25x what it is now by feb. 2013

I pre ordered a jalapeno with some spare btc I have I do have 2 bfl singles that I'll be upgrading but that wont be until I actually see some actually hardware.

BFL should really release a bit more info but based on past similar devices, the big rigs are just a whole bunch of the same exact chips put together and with better cooling.  40GH/s vs 3.5 strangely divides out to 11.42 chips, but it's likely 12 with some overhead to make it show up as 1 device and split the work up between the chips.

So hey, guess what that means?  Buy a bigger rig, get less MH/s per watt most likely.  The initial hardware price vs MH/s performance is a pretty decent discount though if I remember correctly.  I don't see any sort of potential efficiency boost from putting more chips in it so it's probably less efficient.  I just don't think that it's like 4 chips that happen to be 3x the speed because why wouldn't they release a super jalapeno with 1 of those chips?  And there's just no way in hell it's 1 chip going at 40GH/s.  I don't know the exact data size of hash results and data being fed in but that sounds a hard bus speed to get on something other than a modern computer motherboard.  The results could be held and compared in onboard CPU memory and then tossed with just boolean values coming back out but I don't have any idea what the chip architecture actually looks like so who knows.

RELEASE MOAR INFO, BUTTERFLY LABZ!

Not really, there's a bunch of other ASIC manufacturers coming on stream, I'll have 87Gh/s of capacity ordered by monday  ;)

You could maybe add 30% more to that 87Gh/s by the time those 2 devices get to you.

Based on what exactly? Cablepair's bASICs are predicting November (just like BFL) and the Avalons are due February but are cheap and effective.

Cablepair's bASIC's are 27Gh/s min so you could expect a little more output from them. Maybe 20% by the time you get them.

As for Avalon's if they go for power conservation then it may lower the guaranteed 60Gh/s however if they opt to increase the speed over the guaranteed 60Gh/s at the cost of power efficiency then + 10% more.

People need to stop thinking every order number is a paid order.
I had 2 unsuccessful orders before I got my ASIC. Then had another 2 ASIC orders that failed after that before I gave up.

1/5th of my orders are paid!

1/7 for me. Bit-pay wasn't working for me. ;)

I pre-ordered one Jalepeno, order 3617  :)

Put all that power in the hands of less than 7000 people.  Way to decentralize BTC..  ::)

Ummm..... Do you know how many Bitcoin adopters there are? How many current miners? How many other people purchased a competitor's ASIC? You have no idea how "decentralized" the network will be.

about 3 out of 6 for me

I canceled my pre-order for my single. My pre-order was real late and by the time I would have gotten the hardware to start mining I probably even wouldn't be able to get my money back. The guys who can drop $30-$50k on mining hardware are the only ones going to make any money. It is the same thing with US dollars. It takes money to make money and the rich just get richer. This also applies to the BTC world.

i get .07$ per kwhr. 2 nuke plants within an hr and a half of me. looooove that. imma stick w 40ghash rigs.

Haven't any of you heard 'dont count your chickens before they hatch'.. its going to be a rude awaking for alot of you.

I pre ordered 2 jalapeno. The first in july and the second in august.

Nope, no one.

Yeah, that's the spirit.

So which came first? the chicken or the egg?

 ;D  I have 4 Jalapeno's & 1 SC Single preordered from BFL  ;D

I may just get another SC Single in Dec & another 40-60 giger from ngzhang or Deepbit  ;D