Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: dg2010 on April 11, 2013, 04:25:24 PM



Title: Prediction - ASICs mysteriously start shipping
Post by: dg2010 on April 11, 2013, 04:25:24 PM
With the BTC price falling sharply, I predict that ASIC's will suddenly start to ship to customers.

Why? Because at $250/btc, it made no sense to ship a device which could make so much money.

Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: glendall on April 11, 2013, 05:23:13 PM
It almost doesn't matter that much anymore in the big picture, I think.

Whether:
a) BFL was a complete scam from the get go
b) BFL is a honest company who just had anticipated troubles getting their product done

The investors (i.e pre-order folks) lost a massive amount of fiat currency investing in this thing. Even it they finally ship in say August, the difficulty is going to be so high that the product will likely not be that attractive anymore compared to new ASIC products that will be developed.

One thing is for certain, BFL made a fortune and the preorder makers gots screwed. No matter what happens beyond today. Even they shipped this week it was still a big disaster.

But they won't be shipping. They don't even have a complete prototype. And they said months and months ago that they would be 'shipping soon'. 


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: AlgoSwan on April 15, 2013, 08:33:34 AM
Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.

It makes sense. The question is what will happen after that? I mean what will happen to GPU miners?


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: creativex on April 15, 2013, 11:09:31 AM
With the BTC price falling sharply, I predict that ASIC's will suddenly start to ship to customers.

Why? Because at $250/btc, it made no sense to ship a device which could make so much money.

Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.

Their cheapest device was $149 for months, which makes this image even more astonishing:

https://i.imgur.com/QWWp3FH.jpg

...and by astonishing I mean fraudulent.


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: zakoliverz on April 15, 2013, 02:54:09 PM
When will it start shipping to customers ?


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: creativex on April 15, 2013, 02:59:13 PM
When will it start shipping to customers ?

That's easy to calculate at any time. Just add two weeks to the current date.


Title: Re: Prediction - ASICs mysteriously start shipping
Post by: Operatr on April 16, 2013, 10:27:35 AM
Quote
15 April 2013 Update

Short update today, more to come in the next day or two, hopefully.

We've been working on getting the software and firmware nailed down. Things are mostly stabilized at this point and with our current boards (we do not have the redesigned boards in house yet), power usage exceeds the 1w/GH, unfortunately, but it's much better than anything out by 40 - 50%, at the wall. We are gearing up to start shipping out some dev boards and a few Jalapeno's most likely this week (at least a few dev boards) and then as more chips roll in we'll be shipping out the Jalapeno's. When the new boards land in KC, we'll start shipping Little Singles and Singles at that time. I don't currently have a time frame for those, but I should have something later this week in regards to that.

Obviously, the minirig can't fit 1.5 TH/s in a case the size of what we were planning, but we have some interesting solutions with regards to that. Expect and update on there as well, but I did want to let everyone know we have several solutions to solve the minirig issue and we are moving forward on that front.

I did want to quash any rumors that there was something wrong with the chips; there isn't. The chips themselves are fine (other than using more power than we expected), the delay is strictly due to having to re-engineer the power system on the boards (which requires a larger PCB redesign to a degree) and refine/streamline our processes for getting chips from silicon to mounted on boards. Things will be rolling along soon, albeit a bit slow at first, and then picking up speed as the whole process is optimized and finalized.

I know we're all waiting, but every one of these "what's the deal with BFL" posts is more useless than the last.

Lets also keep in mind that AvalonASIC is the ONLY one to have shipped anything at all so far. So chill, this is a brand new industry just getting off the ground. There are a lot of logistics to overcome.