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Original Post: https://forums.butterflylabs.com/announcements/692-bfl-asic-status-3.html#post32585 (https://forums.butterflylabs.com/announcements/692-bfl-asic-status-3.html#post32585)


Does this mean, they have chips ready for Single and Single SC integration onto the PCB (provided they fix the PCB bug they just mentioned) and finally, everyone can start rejoicing about "actual / probable" shipping timeframe?

they will start with 100 Chips perhaps 50 Jalas or 6 Singels ....

but perhaps they get a few chips more end of the week but no more than 800 ....

God damnit why didn't I go with Avalon.  ASIC's or not, BFL is not a professionally run company.  If we had the truth the entire time, we could have made better decisions with our money. 

Doubt it if the Single is 50% down on power, are they gonna ship two of those out to everyone to make up the hashrate lol?

Seems like they're still prototyping.

Yes. But if somebody is lucky, they will ship one or two single prototypes before they run out of chips. For BFL this means that the singles are shipping. It doesn't matter that all other customers have to wait several months until their supplier made new masks and did a new waver run which is hopefully better than the current prototype run.

The yield seems to be quite low with their current wafers. If not, they follow their private agenda with all those chips.

But if BFL told the truth, they would have less funds in their coffer and not be as far along.

What's the lesser of two weevils: Having a company make and break shipping dates, or now vow not to release any shipping dates now that they have collected all the money they possibly could, hence ceasing 95% of their past advertising campaigns? Besides on this forum, when was the last time you saw a BFL ad in the wild?

Josh = Rude
Dave = Rude
Jody = Rude
Sonny, since promising further posts and not delivering = Rude

Is it just me, or is there a pattern there?

How would you like to have a warehouse full of parts that can't be used due to design change? And yes, they are on records in stating that the warehouse is full prior to the design changes.

Question: Where do you put all the parts that should have been ordered by now to be used for the new design(s)?

Another question: Where are they going to put all those trade ins once they start asking for them?

One final question: When are they going to start asking for those trade ins to be shipped to them?

Honest Abe, one final question: Has anybody gotten an email requesting to send in their trade ins?

The writing's on the wall folks, and it ain't looking purdy?

 Butterfly Labs is the "Amy's Baking Company" of Bitcoinia

I scrolled up 4 posts.

Their shit is still out there. E.g:
http://www.bitcoinx.com/
http://www.alloscomp.com/bitcoin/calculator
http://tpbitcalc.appspot.com/
...

A hundred chips a week will just make 50 x Jalapenos.

I wouldn't be putting them in anything else, the object being to get the maximum possible number of orders out of the way with each batch of chips.

http://www.youtube.com/watch?v=3XjgHEctcy0

A review of the show:

http://www.youtube.com/watch?v=OKarpJHFWmM

The aftermath:

http://www.youtube.com/watch?v=Rdi3LkGHVAw

http://www.youtube.com/watch?v=nexQhKIx39Q

Yes, Amy's Baking Company has gained that kind of Infamy...

BFLs objective is to make family&friends happy (BFL bootlickers like grnbrg and Lab_Rat already got their Jalapenos) and to create a media frenzy (shipping Jalapenos and future Single SCs to journalists & magazines - instead of paying customers).

This is where the 100 chips will go.

The reality is, the 5gh miners are supposed to be shipping, but they arent. The prototypes are done. They sent them to shills and journalists.

They might not even have ordered the further wafers they need, let alone be ready to manufacture and ship devices.

I think the odds of them actually shipping anything are dropping by the day. The only reason BFL arent insolvent is because thousands of people paid in BTC when they were like $10-20 each. Otherwise they would have long ago gone out of business and surely pocketed whatever money was left.

 ... except for that whole part where they used Bitpay and immediately received fiat for BTC.

Im sure they did because they cant pay suppliers or rent or electricity with BTC. They do have a real physical location. They did make a few ASICs.

But to think they didnt keep a ton of it in pocket as they watched the value skyrocket from Jan-April is quite foolish.

They have made multi-million dollar mistakes which could have easily bankrupted them. They certainly arent spending their $ on quality PR.

Superb, can't wait to laugh hard at their next promise.

btw. to be honest i am astonished that an actual "numer on the queue" is worth so much on ebay while there were nothing but advertisements from BFL.

LMAO  :D I thought the same thing when I read that article  :D

probably because you weren't in the know enough(I wasn't either) to actually be able to order during the three minutes or so that the first batch was actually available.

I was "in the know",but was blinded by BFL's bragging...............Now I'm sitting on a 2nd day order for 30GH.Kinda stuck,not going to give up now  ::)

lol at "not going to give up now".

That their main motto, or so it seems.

^^

No, this just means they have nothing to ship still and want to buy another two weeks time before people begin requesting refunds en masse, causing them to go bankrupt... you know, since Avalon and ASIC Miner are currently shipping and spiking the difficulty to the point where BFL customers will be priced out very shortly.

There is a difference between being pot-committed in poker and, being what you are, which is just delusional.  Get your refund while you still can.  I have seen this behavior many times from companies just before they go bankrupt.  More frequent updates with more empty promises.  BFL is likely going to become defunct after the large difficulty spike which is about to hit because more and more people will be demanding their money back.  Even if they don't go bankrupt, your 30GH will be like pissing in the wind when it finally arrives.  But odds are, your money is as good as gone if you don't request your refund because they will have to pay other creditors before you after the bankruptcy proceeding.

Avalon has begun shipping Batch # 2!

https://bitcointalk.org/index.php?topic=146451.msg2161757#msg2161757

 ;D

A few thousand BFL customers just cussed right now....

http://i41.tinypic.com/2j1u26e.png

So do they have a stock to invest in lol If they ever deliver lols

Interesting concept, suggesting a company that makes machines to product digital currency efficiently going bankrupt. Are you sure you have thought through the actual probability carefully before you posted? Downsize to suit what they want to mine, maybe, bankrupt, I doubt it.

Ah yes, I forgot!  The fraud route is always an option, which their CEO is pretty familiar with having been convicted of it before.  They could always fraudulently mine with customers' equipment before they go under in an attempt to save themselves.  Good point, except for the fact that they are incapable of producing said equipment and it doesn't even EXIST.

I see you are just trolling BFL threads, before I add you to my ignore list I would suggest that BFL would not need to use ANY customers machines to mine, they would simply build their own mining rigs, and most likely of a configuration they never sold or advertised so as to remove any doubt.

I would be interesting in seeing the court records of the CEO fraud conviction you claim.

Wow, you really must be clueless. Someone educate him on that topic....

He is right, Sonny "whatever his last name is" was convicted of mail fraud... there's a whole article on that and I'm sure you can dig up the court documents if it wasn't a sealed case.

Damn right we did.

It's amazing how BFL dropped the ball on this one. I knew they would be late when I ordered last fall, but I didn't expect this.

They missed so many opportunities to do the right thing.

Now only thing left to do is sit back and wait for the impending class action suit.

Sony isn't the CEO you better do some research

http://codinginmysleep.com/interview-with-sonny-vleisides/

Wow, so that makes everything okay then, right?  Change "CEO" to "upper level exec" and you haven't exactly gotten around the real issue yet, now have you? 

But go ahead and add me to your ignore list.  Hopefully others who don't know about this scammer and his company won't be as closed-minded as you.  Ignorance truly is bliss I suppose, until someone walks off with your money  :o

Avalon Batch 2 now shipping.

Difficulty will go up :(

BFL irrelevant.

They can't even build a proper jalapeno.  You're surmising that they can throw together enough hashing power to bail themselves out of this mess in the next couple months?  How?  Lots of imaginary minirigs?  You think they can just whip up an ASIC farm and make themselves solvent again?  How about 2 or 3 farms to make the 1000 BTC charity donation they promised while they're at it.  

Again, people told me this class would be useless but psych 101 proves useful again.  You're delusional.  http://en.wikipedia.org/wiki/Stockholm_syndrome (http://en.wikipedia.org/wiki/Stockholm_syndrome)

lol..... noob -1

u better get half a clue before talking about things u dont now nothing about

They are scammers and con artist's full stop ....

They have been convicted and spent time in club fed for his crimes for lottery scamming for a total value of about 45 million out of ppl's hard earned cash ...mostly pensioners

So these are the people who run BFL ....so now are we all TROLLS...??

When they have virtually stolen everyones money for the last 12 months plus.... on a product they said was going to "hand on heart " delivered in June-July last year

Go defend these criminals but please educate yourself b4 mouthing off about something u dont know about

Also i would get a refund now :D

Do u know why this is the case because part of his early realease conditions he is not allowed by law to be a director of any company for 10 years ...lol

Really get a clue

....to quote blade runner

"Wake up ..time to die "

Finally this story is going to end !

Wow erk is a die hard BFL yuppie.

The facts are all out in the open. There may be more to the story but with what is known anyone with two cents invested with BFL would be wise to get a refund and buy bitcoins or just simply get a refund.

BFL has pretty colors nice logos etc....but can't deliver shit.

Chocolate covered turd is still a turd.

Lol

Don't waste your time on Erk. His account was created April 15th and his post history is as pro-BFL as they get.
NOT SUSPICIOUS.

In other news, Avalon Batch 2 shipped.
Incoming difficulty rise.

If I get a refund now,after waiting 11 months,they will ship something & I'll be even MORE pissed off.I'll take my chances for a little longer.......BUT I will NOT buy anymore devices from BFL ever!!

I will never buy anything from BFL.

I think that's the BFL dilema in a nutshell.  

- If I cancel now I may get my money back, but if I cancel and they ship then I've given them an interest free loan.

- If I cancel now, get my money back, and BFL goes under I'll feel like the king of the world.

- BFL may well ship, but your order may arrive in several months time when Avalon will make any profit months if not years away.  Remember, BFL still has not begun mass production so we don't know what problems they're yet to encounter.  Stated mass production is 400 units per day.  In two weeks BFL (by all accounts) has not shipped 400 units total.

Fortunately BFL have been smart, and as part of the 'yeah, I still want my order' confirmation they made everyone go through they offered a refund.  Didn't take it?  Too late to ask for your money back later on.

The one thing none of us know is how fast BFL is burning money with their chip prototypes, wafer sacrifices (to save a few days out of many months), board revisions and new cases.  

There are going to be a ton of broken hearts and empty wallets in the next 6-12 months.

Entertainment galore though.

Avalon Batch 2 ships.
Gigahash/s are the new Megahash/s.  ;)

Or... they don't provide refunds outright.