Bitcoin Forum

Almost a month after BFL. I'm sorry, I really am. I like the competition, but I'm glad I choose BFL.

Has BFL actually given a hard release date yet?

No need, their voodoo dept is working 24/7 to push everybody else two three months in 2013.  ;D

Has BFL actually given a hard release date yet?

sadfecal

sad facial ?

has avalon been as bad with dates and info as these two?

has avalon been as bad with dates and info as these two?

i'm really hopping bfl ships before the end of the year. time is ticking away and all we can do is wait

Selling 1x32G 1x72G Order #642, DHL + INT shipping.
Mining profits were supposed to pay for Feb wedding. Not gonna happen for me now.

that was a rather stupid move to "bank on"... take it to the for sale forum derp derp

Selling 1x32G 1x72G Order #642, DHL + INT shipping.
Mining profits were supposed to pay for Feb wedding. Not gonna happen for me now.

@ Psi
Sorry to hear about the real world consequences of your wedding.

I didn't bank on it. I have plenty of money, but it's nice to pay for something with the profits of a fantastical machine.
Derp derp.

I didn't bank on it. I have plenty of money, but it's nice to pay for something with the profits of a fantastical machine.
Derp derp.

http://en.wikipedia.org/wiki/Collusion

Are you suggesting Tom is in bed with BFL?

These fucking companies.. This pisses me off, this is why I despise ASICs
No companies should have power over the mining landscape whose sole market is miners themselves. Fuck this shit!
They are all BS. ASICs will keep getting pushed back n back.... just watch. Probably will be 2014 before they finally make it out and not blowing peoples houses up or something stupid.

Oh really?  You expected to pay for a Feb wedding with "profits" from 2 bASIC devices?  That would assume you would have re-couped your initial purchase of just under $1700 then added on "profit"??? derp derp McDerp... better off not buying in the first place derpy

No I didn't expect to pay for a ~$50,000 wedding with mining profits from 2 devices.
But it was supposed to do it's part, and now it won't, so i'd rather have the cash.

From your posts, all you do here is troll and post stupid pictures. So fuck off :P.

~Thread railed.

And it's working, dammit!  ;D

Josh said yesterday the week of the 11th. I'm REALLY hoping he meant December.  ;)

I think Josh was saying the (later part of) the week of the 11th as when they would get the chips in from the foundry. I wouldn't expect them to ship anything to customers until a week before Christmas.

I don't really see how the prime investor running off with Shareholder information could not derail their plans, but I'm pretty confused every time I try to read their overly long and winding, un-summarized threads, so I could be way off.

These fucking companies.. This pisses me off, this is why I despise ASICs
No companies should have power over the mining landscape whose sole market is miners themselves. Fuck this shit!
They are all BS. ASICs will keep getting pushed back n back.... just watch. Probably will be 2014 before they finally make it out and not blowing peoples houses up or something stupid.

No delays to see here.
...
Our demonstration is still scheduled to happen around the end of the year, then soon 1-2 weeks after the demo, Shipping will begin.

Canceling my orders with everyone (BFL, Basic). Time to go back to the original plan of waiting until someone actually has a product before i even consider ordering. The level of incompetence is mind numbing. Lets see how long people get strung along.

My next question would be, if the bASIC ASICs are already finished and in stock. The question was asked several times but was never answered. Tom did never acknowledge that the ASIC is in stock. Maybe his opinion about the manufacturing state of the ASIC is wrong as well?

If this question is not answered fast, I take this as a signal to cancel my bASIC order.

I'm still trying to wrap my head around the bASIC bomb that got dropped earlier. Whatever happened must have been bad man. The only real scenario that I could imagine happened is Tom's engineering team was giving him a bullshit sandwich until sometime recently.

conspiracy theory 93  :o
bASICly BFL and Tom have inadvertently ordered from the same Chinese manufacture that Avalon develop and work for and are having their boss's run on the end of some other job or they're allowed to forge their own and have been the english go between for both Tom and BFL and they know it having full control of release of cores to who and when and can top them all with an Ace in the hole plus another up the sleeve... ba ha hahha haa haaa. :-X

yeah i was thinking to myself how funny it would be if all three came out with the same rebranded chinese machines at around the same time, haha

any possibility that Avalon is the dark horse in this race?  what's with the 600 w requirement though?

yeah i was thinking to myself how funny it would be if all three came out with the same rebranded chinese machines at around the same time, haha

any possibility that Avalon is the dark horse in this race?  what's with the 600 w requirement though?

http://en.wikipedia.org/wiki/Collusion

Are you suggesting Tom is in bed with BFL?

Is it that far out?

BFL checks on the other guys to see how long it will be before they ship and collect MORE pre-orders while not crushing the other competitors by shipping first.

win win win

everyone gets their asics at the same time and noone cancels their orders because their profit expectations just tanked and still goes lower by the day.

Sounds like a possibility to me....

Selling 1x32G 1x72G Order #642, DHL + INT shipping.
Mining profits were supposed to pay for Feb wedding. Not gonna happen for me now.

All memes are bad.

What is a meme?

I still don't know wtf a meme is.  ???

https://www.google.com/search?q=lolcat&hl=en&ie=UTF-8&tbm=isch
 ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

I still don't know wtf a meme is.  ???

What is a meme?

meme.. they are everywhere :P

meme.. they are everywhere :P


for some reason i think he's lying

Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.

FPGAs are still coming online consistently and price per BTC has been going up in the recent past so people were not shutting down. Also, in my climate (US) things are getting cold, which means cooling mining machines are much easier and actually produce useful heat.

If you still believe something is fishy it shouldn't too difficult to target where the increase in hashrate is. I think bitcoin mining is transparent enough that you should be able to detect an anomaly if it's there.

Well someone is hashing, cus that hashrate is growing way too fast for no asics to be online. That's why i'm out. People are getting strung along while a few individuals are making mad coin. Don't know who it is but something is fishy. Lets see how things look in a few months.

Moreover, if someone with an ASIC wanted to mine without revealing they're working with an ASIC, they would wait say 8 minutes since the last block was found. In many cases they would pocket the 25 BTC without increasing the overall hash rate that much.

Nah, I wasn't lying when I was asking what it was. Shortly after my last post I Googled it and figured it out.

This would not work.  The "network hashrate" that is reported by various sites is just an estimate determined purely by the difficulty and the frequency of recent blocks. Selectively mining would still increase this estimate.

Lets just wait another few weeks untill BFL will ship before Christmas, if not i will hoard as many gpu,s as i can... 8)

Lets just wait another few weeks untill BFL will ship before Christmas, if not i will hoard as many gpu,s as i can... 8)

That would be kind of stupid, with 2 or 3 other vendors so close to delivering their product in January. Either way gamble and buy more gpu's now (I do not advice that) or pre-order asic's at will.

pre order isn,t good for me i don,t have to be an first guy to have them, i just buy them after the hype is over ...

and the price drops like a motherf@#%a!

I personally want a quality product, not Tom's product.

why do you think Tom's product is not a quality product?

Probably trying to score brownie points with Josh.

Also the unprofessional outbursts that Tom and Inaba have at times just adds to that.

Until you got what you paid for in your hands, you just paid for lip service. That's all i have seen so far. All the drama associated with this new hardware has taken a lot of the appeal out of mining. Also the unprofessional outbursts that Tom and Inaba have at times just adds to that. Not sure if i want to be held hostage to those types of companies. I got my money back, and i hope they get there acts together.

Until you got what you paid for in your hands, you just paid for lip service. That's all i have seen so far. All the drama associated with this new hardware has taken a lot of the appeal out of mining. Also the unprofessional outbursts that Tom and Inaba have at times just adds to that. Not sure if i want to be held hostage to those types of companies. I got my money back, and i hope they get there acts together.

good decision. If you buy preorder from one of the 3 companies you have a 33% chance that you will be one of the first ASIC miners . Why risk 100% of your money (in the event of fraud or bankruptcy) for 33% chance to earn a bit more money than the others ? If you wait until one of the companies will be the first and you will buy from them ASIC (existing), you have a 99% chance that you will not be scammed and 66% chance that you will not be  one of last ASIC miner .

Because of this:

http://img.photobucket.com/albums/v718/timonex/Hashrate.jpg

...also I don't believe each company has an equal 33% chance of shipping first or of being a scam.

good decision. If you buy preorder from one of the 3 companies you have a 33% chance that you will be one of the first ASIC miners . Why risk 100% of your money (in the event of fraud or bankruptcy) for 33% chance to earn a bit more money than the others ? If you wait until one of the companies will be the first and you will buy from them ASIC (existing), you have a 99% chance that you will not be scammed and 66% chance that you will not be  one of last ASIC miner .

Where did you get this data?

bitcoincharts.com:
http://anonymouse.org/cgi-bin/anon-www.cgi/http://img854.imageshack.us/img854/8934/przechwytywaniezd.jpg

Can you estimate the chances of success for each company? I don't.

Because it's not just a bit more.  It's a HUGE amount more.  The people who gets the first asics and mine at a difficulty of 3M will make as much in one week as the people who get ASICs afterward will make in 2 months.  It's a huge sum of money at stake... one for which many people (myself included) are willing to gamble on.

I doubt any of the three are scammers (at least purposefully).  I think they will all deliver.  So in my opinion, it is a 33% chance that I will be one of the first ASIC miners vs a 100% chance that I will not be.

Assuming that no company goes bankrupt, you're right. But I think the risk of bankruptcy / scam is high. What if the company you have chosen will produce ASIC few months later than the other? If you buy from a company that already has an existing ASIC (assuming that other companies have long delay), you'll be one of the first ASIC miners without risk ;) Even if you good predict the company which will be first, you have no guarantee that this company will increase the difficulty before the rig gets to you. For those who like to risk I recommend satoshidice.com. This is better than ASIC preorder because you yourself can choose the level of risk ;) Personally I do not like gambling;) This is why I did not buy preorder from any of the companies. I'm going to buy ASIC from a company that will be the first (if this will still worthwhile).

Now I'm waiting for a wave of criticism ;)

Assuming that no company goes bankrupt, you're right. But I think the risk of bankruptcy / scam is high. What if the company you have chosen will produce ASIC few months later than the other? If you buy from a company that already has an existing ASIC (assuming that other companies have long delay), you'll be one of the first ASIC miners without risk ;) Even if you good predict the company which will be first, you have no guarantee that this company will increase the difficulty before the rig gets to you. For those who like to risk I recommend satoshidice.com. This is better than ASIC preorder because you yourself can choose the level of risk ;) Personally I do not like gambling;) This is why I did not buy preorder from any of the companies. I'm going to buy ASIC from a company that will be the first (if this will still worthwhile).

Now I'm waiting for a wave of criticism ;)

Assuming that no company goes bankrupt, you're right. But I think the risk of bankruptcy / scam is high. What if the company you have chosen will produce ASIC few months later than the other? If you buy from a company that already has an existing ASIC (assuming that other companies have long delay), you'll be one of the first ASIC miners without risk ;) Even if you good predict the company which will be first, you have no guarantee that this company will increase the difficulty before the rig gets to you. For those who like to risk I recommend satoshidice.com. This is better than ASIC preorder because you yourself can choose the level of risk ;) Personally I do not like gambling;) This is why I did not buy preorder from any of the companies. I'm going to buy ASIC from a company that will be the first (if this will still worthwhile).

Now I'm waiting for a wave of criticism ;)

Why would vendors discount ASIC hardware until they have to? IOW why cut prices until competition and/or slow sales require it? ...and if slow sales require it, isn't the difficulty already too high to expect a rapid ROI? ...and doesn't a longer ROI come furnished with it's own risks? Pre-orders are risky, but if you're even mostly right about choosing a vendor then your ROI should be very short.

Some vendors are probably spending money at a faster rate than others.

If some ASIC company starts shipping first....who knows how the market will respond?

Keep in mind, the prices we are buying at (pre-orders) is probably very inflated compared to what the actual cost of the hardware may be.

I definitely don't see BFL going bankrupt.  They have venture capital investment and have not touched the customer's pre-order funds.  Perhaps one or both of the others is a possibility to go bankrupt though, I do not know their financial situations.

If BFL has yet to ship out their product by the time the preorder queue is completed for either of the other two vendors, then I will likely cancel my order and switch to the company who has product ready to ship.  I am not interested in becoming one of the first ASIC miners without risk, because I already believe I have very little risk (of losing my money).  The other risk is that of not receiving the miners prior to one of the other companies shipping out all of their preorders, but in that case, it is the same difference if I just wait to see if that happens, then switch my order if needed.  And yes, I do have a guarantee (from BFL), that they will not be mining on mainnet with these ASICs.

The gamble isn't whether I will receive a product or not.  The gamble is whether I will be one of the FIRST to receive a product or not.  With nothing to lose (in my opinion), there is no reason not to take it.

They have venture capital investment and have not touched the customer's pre-order funds.

If BFL has yet to ship out their product by the time the preorder queue is completed for either of the other two vendors, then I will likely cancel my order and switch to the company who has product ready to ship. 

And yes, I do have a guarantee (from BFL), that they will not be mining on mainnet with these ASICs.

I will admit, I am a natural optimist.

No proof of the venture capitalist, but I have no reason not to trust BFL at their word (despite what other people claim of them).

Ok, I will agree there is SOME risk.  There's also risk I could die on the way to work tomorrow.  Both are negligible risks, IMO.

I don't believe BFL would lie about something like this.  They are businesspeople.  They would rather make sales than scams.  They are not interested in mining for profit, because what they could get away with really is a small amount of money compared to what they can and will bring in in sales, at the risk of completely ruining their reputation and bankrupting themselves... it is not worth it.  Some people do not see it this way, but I don't see any viable and productive means of them mining any significant portion of Bitcoin and getting away with it, and for that reason, I believe them when they say they won't.

I will admit, I am a natural optimist.

No proof of the venture capitalist, but I have no reason not to trust BFL at their word (despite what other people claim of them).

Ok, I will agree there is SOME risk.  There's also risk I could die on the way to work tomorrow.  Both are negligible risks, IMO.

I don't believe BFL would lie about something like this.  They are businesspeople.  They would rather make sales than scams.  They are not interested in mining for profit, because what they could get away with really is a small amount of money compared to what they can and will bring in in sales, at the risk of completely ruining their reputation and bankrupting themselves... it is not worth it.  Some people do not see it this way, but I don't see any viable and productive means of them mining any significant portion of Bitcoin and getting away with it, and for that reason, I believe them when they say they won't.

I don't believe BFL would lie about something like this.  They are businesspeople.

They can start mining a month after shipping. No one will recognize that they are mining, it will be too much confusion. They have ASIC technology and access to very low-cost ASIC chips (for free - with the customers money ;) lol ) The problem is that with the money from the sale of 60GH they can produce ~ 600GH.  BFL is a company and they have to make money, why would they not do that?

Daily comes ~3500BTC = ~ $ 42,000 / per day = $ 1,260,000 per month - its not "a small amount of money compared to what they can and will bring in in sales".

They have every reason to lie. As long as no other ASICs are shipping, they will keep stringing you along with "real soon now" so that they keep your money. One of their company owners is a convicted felon. Their lies have been quite successful. They've tied up customer funds for 6 months. They claim to be "venture funded", but refuse to publish who the venture capitalist is so that you can't prove they're lying about it. And on and on and on.

They can start mining a month after shipping. No one will recognize that they are mining, it will be too much confusion. They have ASIC technology and access to very low-cost ASIC chips (for free - with the customers money ;) lol ) The problem is that with the money from the sale of 60GH they can produce ~ 600GH.  BFL is a company and they have to make money, why would they not do that?

Daily comes ~3500BTC = ~ $ 42,000 / per day = $ 1,260,000 per month - its not "a small amount of money compared to what they can and will bring in in sales".

I will lay odds that when asked if Tom will use the Bitcion proper network he will avoid or ignore the question. I believe Tom will not provide any information regarding testing other than he will be testing. I am convince he does not have the technology to do testing prior to shipping without using the Bitcion proper network.

If Tom uses the Bitcion proper network to test his products prior to shipping is that theft? Maybe not on a legal level but certainly on a moral level. Maybe the question should be raised, should Tom get a scammer tag? I suppose I'll leave that for another day and another thread.

No one will recognize that they are mining until...
- An unsatisfied employee squawks
- A visitor happens to notice
- Suspicious activity is recognized at a pool or particular IP address
- Something else happens (other unknown risk of being discovered)

Now couple that risk with the fact that they wouldn't be able to mine the whole 3500 BTC.  They might be able to mine a few hundred BTC and not be noticed for at least a little while. But what is a few hundred BTC a day?  $3,800?  Over a year, they make less than $1.5M?  Sure, not pennies, but far less than what they have generated in sales thus far, and they're looking at the long-term plan too.  You think they're going to risk tens of millions in future sales (if Bitcoin continues to be successful) for a measly $1.4M in a year?  I just don't see it as a viable business plan, much less an attractive alternative compared to maintaining a solid reputation and continuing sales.

Pretty sad   :(

I've been reading over at bASIC's thread,alot of refunds going out,why  ???

How many refunds have been given,any idea  ???

I really wish Tom all the best & hope he gets his product out soon  8)

Even if BFL delays again,I still won't look for a refund,I'm riding this till the end  ;)

The chances that all four companies currently nearing the end of their product development cycles are scamming is effectively zero. ASICs are coming to bitcoin mining the only question is how soon and how efficient. Some early adopters of ASIC mining hardware will surely be rewarded with a very low ROI. For instance if I had my 2xbASIC01 units that cost a total of $2168 right this very minute they'd mine enough btc to pay for themselves in EIGHT DAYS...including power cost.

At least Tom's product HAS an ASIC chip.

At least Tom's product HAS an ASIC chip.

At least Tom's product HAS an ASIC chip. BFL's still doesn't two months after they were supposed to ship. :o

lawl. The only pictures of "ASICs" I have seen, working or otherwise, are from BFL. Please point us to where Tom shows an ASIC...

How do you know that?

As of now my money would be on Avalon.

This assumption is based on an ambiguous statement, and an assumption that the supposed "working prototype" is using the chip they're going to have in the actual device. When asked directly in concrete terms, the question is always ignored.

I don't read all of the bASIC threads/news/updates/forums, so if I've missed something, please gently inform me.

Anonymous mining is not a problem. As for the rest you're right (An unsatisfied employee squawks, A visitor happens to notice). If the sale is more profitable than mining , what is the point to buy ASIC ???.  If they will have more profit from sale than from mining its means that mining is unprofitable! If people will buy  ASIC for $ 10 million they count on fast ROI (10million $), If a company sold $ 10 million worth ASIC, earns ~ $ 5 million. Who earns more, the people or ASIC company? If a company have already ASIC technology and access to very low-cost chips (all for free, with money customers), have reached  goal and no longer need customers in the future. They already have or will have from mining the funds for the second-generation ASIC and will earn more from mining. It is not possible to make more money by selling money-producing machine (assuming that these machines have a fast and reliable ROI) than using these machines . Someone always has to lose to another may gain, "Money Does not Come from Nothing" !!!

They can do two things at once, sell and mining (additional profit). Is it just a rumor that the BFL / Inaba has big FPGA mine ?

The chances that all four companies currently nearing the end of their product development cycles are scamming is effectively zero. ASICs are coming to bitcoin mining the only question is how soon and how efficient. Some early adopters of ASIC mining hardware will surely be rewarded with a very low ROI. For instance if I had my 2xbASIC01 units that cost a total of $2168 right this very minute they'd mine enough btc to pay for themselves in EIGHT DAYS...including power cost.

I'm with you as far as BFL/Josh/Inaba's word goes. I wouldn't invest a thin dime based on what he or anyone else at BFL says(if there is anyone else at BFL) w/o solid evidence at this point...but that's just my opinion and my dime. I do however believe in ngzhang, Cablepair, and friedcat. If Tom wanted to really screw folks that pre-ordered his products he'd not have announced a two month delay that has understandably rattled many(myself included), he'd have announced a 2 week delay x4.

The when of ASIC mining gear is admittedly still up in the air, but the second reputable company's shipping deadline is approaching so the clock is ticking.

While looking for concrete evidence on the bASIC forum, I just saw this gem from yesterday, which is spoken as a mini-announcement on progress:

"I received a couple of packets of information from the design team, including rudimentary diagrams and datasheets on stuff like heat sinks and BGA packages.
All kinds of stuff which I am sifting through as we speak - we will have some of the most requested information live as soon as possible."

Straight from the horse's mouth: they have NOTHING done.

100% agreed. While it sucks the bASIC got delayed, I would much rather have it handled the way Tom did. Honestly I wouldn't have minded BFL's delays as much if in October they just said 'sorry, there is a delay. We will ship mid December' instead of October, I promise. End of October. Sorry delayed til first week Novemeber. Sorry delayed again mid November. End of November, I promise. Little delay again first week December, I promise. Ok ok this time I pinky swear promise, mid December.

I do. Either BFL's COO is incompetent and cannot get anything straight or he's disingenuous and keeps manufacturing BS stories. Given that they keep making excuses and have contradicted each other I'll take the later explanation.

Not exactly encouraging news coming from BTCFPGA lately, that's for sure.

I dunno, if Tom doesn't have chips then he lied as far as I'm concerned .......

January is not far away though and both Avalon and BTCFPGA are supposed to ship something. I have no idea what BFL is saying now, other than the fairy tale end of December stuff which doesn't even pass the smell test.

So BFL's shipping delays = incompetent COO and malicious intent by all.
BTCFPGA's shipping delays = well intentions and honest hard work.

Does it get any more biased?

@ creativex, your the one living in a world of fantasy. Tom has no PCB made, no heat sink manufactured, sourcing for power supplies falls upon you to buy elsewhere and you have no idea on the state of Tom's ASICs from the foundry. In short, Tom is trying to create a product in 2 months but has spent many months trying to create that product and has failed. On top of that Tom doesn't even know if his product will function as expected sense he has nothing to test. After all it could be a dud like his last attempt.

Look at BFL's supply chain, you have chassis, PCB, heat sinks, ASICs, power supplies, custom shipping packaging. BFL is waiting on one more puzzle piece for final testing before shipping. BFL's product is not an inferior basic product. For Tom it's about quantity not quality.

creativex, I wonder if you will call Tom's timeline a 'fairy tale' when he misses his latest announced ship date. You know he will for one reason or another.

Don't care about the power supplies, I'm a computer tech and have dozens. ... Actually Tom admitted to having a prototype, it was BFL that denied having one. You seem to be confused.

Do YOU expect them to ship by the end of December? How about January 1, 2013? When? ... Tom, I will likely cancel.

What a simple mind you have creativex.

I suppose in your world things don't change until someone directly tells you they have changed. I suppose your unable to discern that when BFL 'found the flaw' is was done threw testing that simulations did not reveal. Maybe you think that BFL is incapable of producing a prototype after they said they didn't have one.

I expect BFL to ship when the quality it right. What's that saying, 'no fine wine will be served before it's time'? BFL is a Chateau Ausone Saint Emilion, bASIC is MD 20/20.

Tom is going to have a hard time with warranties with people supplying their own power supplies. Many of them will be old faulty units that were replace for a reason. This alone I surmise will increase Tom's operating cost 30%-60%, maybe even more. Also it will increase the chance of a customer getting a refurbished unit sold as new.

I expect BFL to ship when the quality it right.

@ creativex, thank you for making my point about you being simple minded. Even when given evidence you are unable to see it in front of you. Maybe it's a comprehension problem.

Everybody is in the same boat now. Avalon's small pre-order seems like the front runner to ship first at this point.

I wasn't worried AT ALL about Avalon's date until they posted the stock photos of random people hunkered down over random equipment. That is the ONLY thing that scares me about them.

Joyous moments for some here, again, BFL ain't shipping a thing till somewhere in January, as it seems now.

As Debbie from BFL wrote in her last Mail:
We had originally hoped to be shipping by now, but unfortunately, we are still waiting for some parts to come in. We are working to start shipping orders before the end of the year.

You could anticipate your order shipping sometime in February or March. If they are ready sooner, we will ship them sooner.
We appreciate your patience as we are working to bring you the latest in mining technology.

Happy X-mas 😢

Surprise?

https://forums.butterflylabs.com/bfl-forum-miscellaneous/492-good-news-good-read.html


Certainly, the order number is not mentioned. But the January date does not sound incorrect at all.

Called it.

 8)

You know what is really absurd about this situation?

The vendor with the longest release schedule is now the earliest when compared to the other 2.

Called it.

 8)

We plan to begin shipping at the end of this month and in January. If we don't hear from you, we will assume that you want your original order to stand as originally submitted.

Thank you,
Debbie


I received this email earlier yesterday regarding an upgrade to a Little Single I haven't paid for yet. The reason why I haven't done it yet is because I'm so freaking confused from all of their dates they keep releasing about when they will actually ship. I think someone is full of shit if you ask me. Just sayin

They'll either be shipped in/on October, November, December 11th, end of December, January, February, or March lol

Exactly.

http://www.technologyreview.com/news/508061/custom-chips-could-be-the-shovels-in-a-bitcoin-gold-rush/

According to this article they will start shipping in "early 2013".

I'm not sending any ASIC vendors another bitcent until I see some evidence of progress...and that goes double for BFL. I haven't a clue what's going on with that weirdo company.

lol, it's probably just ONE guy in his pajamas manufacturing the illusion of an entire company. ;D

For the millionth time, they're quoting a date for customers that are ordering TODAY. Please stop purposely obfuscating the argument by swapping estimated initial delivery with estimated current delivery.

clarify it:

"happy X-mas" was my personal opinion - not by Debbie

and Hooper Crosby my number is in the 8000 ...

Tom is going to have a hard time with warranties with people supplying their own power supplies. Many of them will be old faulty units that were replace for a reason. This alone I surmise will increase Tom's operating cost 30%-60%, maybe even more. Also it will increase the chance of a customer getting a refurbished unit sold as new.

Almost a month after BFL. I'm sorry, I really am. I like the competition, but I'm glad I choose BFL.

Actually BFL will not be around till then either.

"... in early 2013 they will start shipping to over a thousand customers who placed advance orders."
source: http://www.technologyreview.com/news/508061/custom-chips-could-be-the-shovels-in-a-bitcoin-gold-rush/

I think there is a mistake. It should be "early 2014".  They need to add a lot of "clock buffers" and that requires a lot of time. Currently, they are testing their phantom chips and they are of good cheer.

Actually BFL will not be around till then either.

"... in early 2013 they will start shipping to over a thousand customers who placed advance orders."
source: http://www.technologyreview.com/news/508061/custom-chips-could-be-the-shovels-in-a-bitcoin-gold-rush/

So you believe a random web article's dates vs the dates given by BFL themselves?  Did you ever consider the possibility that the article could be incorrect?   ::)

So you believe a random web article's dates vs the dates given by BFL themselves?  Did you ever consider the possibility that the article could be incorrect?   ::)

we should still be getting the chips this month

Then what do you make of this official quote?


So they might get the chips this year. You think they just plug the chips in and that's a finished product immediately ready to ship? Admit it. There is zero chance of BFL shipping an ASIC in 2012.

I hadn't seen that quote before.  Where did he say that?

we should still be getting the chips this month

It is currently my understanding that Dec 24th is the drop dead contractual date on the chips, but I do not have personal confirmation on this date yet.

https://forums.butterflylabs.com/bfl-forum-miscellaneous/492-good-news-good-read-2.html#post7277

https://forums.butterflylabs.com/announcements/251-more-jalapeno-pictures-shipping-update-44.html#post7418

Another wishy washy non-truth. Months late and they don't even have a contractual date of delivery when they should have had it from day 1 if they had any business sense at all. They are either total idiots or blatant liars. Take your pick.

They must get one helluva discount for them to put up with that for so long. Looks like a shaky foundation.

Avalon hasn't reached a scheduled shipping date yet so as far as we know they're still on target(1/14/13?).

I haven't heard much about deepbit's reclaimer project in awhile. It was not competitively priced as I recall. Something like $2800 for 80Gh.

Avalon hasn't reached a scheduled shipping date yet so as far as we know they're still on target(1/14/13?).

I haven't heard much about deepbit's reclaimer project in awhile. It was not competitively priced as I recall. Something like $2800 for 80Gh.

It's a bit funny that the last entry of the 3 so far is the only one not yet reporting delays.

I went to Avalons site. It seems like you can not order on their site at the moment.  Are they done accepting orders?

Block diagrams...lol. They're supposed to be almost done, and they're giving out a block diagram as proof that work is coming along.

I really hope that Avalon has to announce a delay, just so we can see an absolute trolling shitstorm as every fanboy of every company starts going completely batshit insane on each other.

Some people have invested in more then 1, 2, or even 3 asic projects.

Then they'll just have to argue with themselves.

Then they'll just have to argue with themselves.

I'm just frustrated with the fact that I could still be mining now....I sold everything for pre-orders

I'm just frustrated with the fact that I could still be mining now....I sold everything for pre-orders

bASIC got spammed

<spam removed>

Unacceptable, please delete your post.  Thanks.

They have been getting spammed for a while now.  They do delete them, but not instantly.

negatory -

seems like the only news lately is the bleak possibility of there being news "soon"

Agreed, the lack of updates is disturbing.

Agreed, the lack of updates is disturbing.

http://betsofbitco.in/item?id=1038

So, with the latest news from bASIC, why aren't there 2,000 threads calling them all liars and scammers? They've now pushed the date back again, lied about when Chinese New Year is, posted 6 consecutive news updates that simply say "the next update will have real news!", and most of all, they clearly lied about their chips being ready.

What? Only BFL takes shit for mistakes? Got it.

BFL have lied at every opportunity Tom delivered on the FPGAs as he said perhaps that has bought him some good will or the useless drama queens that inhabit this board have more pressing threads to troll.

So, with the latest news from bASIC, why aren't there 2,000 threads calling them all liars and scammers? They've now pushed the date back again, lied about when Chinese New Year is, posted 6 consecutive news updates that simply say "the next update will have real news!", and most of all, they clearly lied about their chips being ready.

What? Only BFL takes shit for mistakes? Got it.

+1

I honestly think that the bASIC will be the last of the major ASICs to ship. This is speculation, but I just don't see it. Avalon has the expertise, BFL has the funding, but bASIC just seems to be doing nothing except announcing a hosting plan. Not all that impressive, IMO.

Personally I'm slightly offended that bASIC used a "fake" chinese new year as an excuse. Those dates are not even close.

Don't you start too, your company have only really thrown the spitefulness back at others so far. bASIC haven't put themselves out to disparage the competition without being provoked, you should afford them the same courtesy. It's not impossible that they made a mistake on the timing of Chinese New Year, so to try and paint it as an intended offence edges you into Inaba/finger puppet territory.

Remember that BFL and it's shills (largely all one "man") hounded the bASIC project so relentlessly, mercilessly and shamelessly that they have abandoned this forum altogether, and they're starting to try to do the same to your project too. You've handled it well so far, but to indulge in the same hyperbolic mud-slinging is just totally unsporting, and unnecessary.

It will not: 

- speed your product delivery up
- slow bASIC's product delivery down
- win you any customers in the short term, seeing as you sold out quite some time ago and will not be accepting new customers until the 1st batch ships
- achieve anything except worsen your public reputation in the eyes of those that believe in the sanctity of a fair fight


Fucking stop it, the lot of you (that includes all of your multiple personalities Inaba, it will serve you right if you develop a schizophrenic disorder through your weirdo stalking)

LOL   funny how people talk so much sh!t on BFL threads but can't take it.

Don't you start too, your company have only really thrown the spitefulness back at others so far. bASIC haven't put themselves out to disparage the competition without being provoked, you should afford them the same courtesy. It's not impossible that they made a mistake on the timing of Chinese New Year, so to try and paint it as an intended offence edges you into Inaba/finger puppet territory.

Remember that BFL and it's shills (largely all one "man") hounded the bASIC project so relentlessly, mercilessly and shamelessly that they have abandoned this forum altogether, and they're starting to try to do the same to your project too. You've handled it well so far, but to indulge in the same hyperbolic mud-slinging is just totally unsporting, and unnecessary.

It will not:  

- speed your product delivery up
- slow bASIC's product delivery down
- win you any customers in the short term, seeing as you sold out quite some time ago and will not be accepting new customers until the 1st batch ships
- achieve anything except worsen your public reputation in the eyes of those that believe in the sanctity of a fair fight


Fucking stop it, the lot of you (that includes all of your multiple personalities Inaba, it will serve you right if you develop a schizophrenic disorder through your weirdo stalking)

Chinese New Year isn't some sudden, unforeseen event which throws you off schedule.  It's something you know damned well is going to happen and when.  Realistically, bASIC isn't likely to be delivering until at least March if "more than one aspect of the bASIC device" is going to be affected by CNY.

Every ASIC vendor on these forums needs to concentrate their energy on getting their own product shipped at the moment instead of flinging shit at their competition.  It shouldn't matter a damn to any of you what your competition is doing if you're confident in your own product and your own competence.

I don't disagree, but like I said. Personally I'm tired of BFL or bASIC's excuses.

I'm very well aware of the fact it is probably a typo,

Allow me to remind you they said they will ship in mid-Jan, how is this Chinese New Year going to effect them? Either way though, what I got a problem is how my competition announces and downplay delays.

I have illustrated it here https://bitcointalk.org/index.php?topic=87934.msg1411740#msg1411740

and here is how Avalon announces delays. https://bitcointalk.org/index.php?topic=120184.msg1397668#msg1397668

Whatever, I'll bash more after I ship, ever since this https://bitcointalk.org/index.php?topic=120184.msg1381739#msg1381739
I've concluded with my team that BFL and bASIC is full of shit and have no chips.
Don't believe me? that's fine too. Let's speak again after this month ends.

lol @ carlton

This guy is redefining "double standard"

Allow me to remind you they said they will ship in mid-Jan, how is this Chinese New Year going to effect them? Either way though, what I got a problem is how my competition announces and downplay delays.

Oh, nothing, just exploding in defense of bASIC as they employ every tactic that you're upset about BFL using. Apparently, I'm also Inaba.

This is fucking stupid. I quit. This is by far the dirtiest pit of trolls and idiots that I've ever seen, and I wash my hands of it.

I'd love to see the externalised expression of this particular marionette of yours, Josh, once you've settled into your straitjacket, that is. Can anyone 'chop an Inaba pic with cheetos for eyebrows? Good job of not responding to me, except you've forgotten jsut how pathetically transparent you are to anyone with more than double your brain cell count

All I can say is your an idiot. So everyone here is Inaba/Josh including me.

It's scary to me that the bASIC camp thought CNY is in January.

If they can't even even get a date like that right which can be easily verified through Google... what else are they overlooking??

I suspect that was a typo - either that or they don't understand how early production is affected in the lead-up to CNY and assumed the email they got said February but they assumed that was a typo - but it's really, really difficult to believe that they've only just become aware of this issue and it raises the question of the new anticipated delivery date for the component they'll receive last.

One thing's clear - their chips aren't packaged yet and they apparently don't have a date for when that will happen other than "should be coming very soon".

Would someone be so kind as to point to me where that CNY typo(?) was first introduced? Its source is eluding me.

here?
https://www.btcfpga.com/forum/index.php?topic=882.0

So Basically if I can get the ASICs at least on their way here before the 10th I think we will be in very very good shape, and this is what I am striving for - everything else is either already completed or nearly completed and things are falling into place.

Please understand that if you bail out on us, we won't be able to sell you your position back again - I've already been asked by several people to let them buy back into their positions.  A sad number of Batch 1 positions (really, really good ones) have been given up already.

If we have extended our date beyond your ability to stick with us, we at Customer Service are ready to refund money for those who want to get out of the line.

Fuckin' WOW!

To me, the above is predicated on his belief, or worse, perpetuating a falsehood with the mistaken date, for it clearly reads that the 10th of January is an important timetable.

I haven't responded because I don't know anything new besides what Tom has already posted:  He expects to find out early this week if (and how many) chips will ship prior to the CNY kicking in.  Understand that effects of the CNY will be felt by us sooner than the Feb 10 official start - this was Tom trying to give the community a heads up about whats coming down the pipe.

They most likely are scammers, because I requested refunding at 23/12/2012 but they still do not answered to me yet. My order #1980. Also they have banned me forever for no reasons.

That is not good...

Here's my bASIC conspiracy theory for you all to chew on:

Hungry Hippo miners have started a campaign to claim bASIC is a scam so they can scoop up all the cancelled pre-orders from the 1st run. How do you like those apples? Now...... fight!

I would be very disappointed if we later learn that all the ASIC developers are in cohorts.

Our relationship with our PCB Fab and Packagers has gauranteed us completed ASIC wafers with complete pckages - ready to be assmebled on PCB and shipped out in March 2013 at the very latest .

Also I am happy to report that we are working out a deal with one of our competitors to supply these asic chips to them at a reasonable price to them , so that they may use in their own mining unit designs which strengthens the network and the market.

From BTCFPGA:
https://www.bitcoinasic.net/

WOW......where did all the BFL haters/trolls go?

WOW......where did all the BFL haters/trolls go?

Wow...Where's Tom's official response? Did he just update the web page without making a post?

Chinese new year or new Chinese year year, this a bad time of year to relay on devices that reply so heavily on parts from countries that celebrate thew near years and the up coming spring festival. This based on other delays has had us go back to the drawing board and figure our a realistic shipping date from these products.

We are ready to set a final - never again changing date for bASIC shipment and this will be between March 15th ad Marth 29.

All Domestic orders will receive free priory mail unless otherwise ungraded. Overseas customers have the opportunity for DHL shipping with will be much faster.

I strongly recommend both domestic and overseas customers to take us up on our hosting deal. This will get you the absolute cheapest electrical costs in the country and in hand you will have 24 managed care of your miners, not just the fact that over seas customers will not have to wait to clear customers to receive their packed it means they keep to enjoy mining right away and reap the benefits of the domestic customers who ordered at the same time. The 3d and most special part of the whole thing is the incredibly low electrical usual you will benefit from, we are talking the lowest electrical rates in the country. Something that will make the actual electrical usual of these devices which are very low to begin with completely meaning less!THIS IS THE REAL GAME CHANGER IN THIS MINGING GAME.

and I would be SO surprised if BFL can even been this date to begin with.

So yes no more messing around - I apologize for this un scene problems but i also give you an absolute final unchanging shipping dates via Express MAIL, DHL Express Overnight and USPS overnight is March 15-24 and I guarantee it will not be any slower than most of our competitors if ANY. Not the mention the fact that our overseas customers who decide to host at daves' managed datacetner will see first mining difficulty jump advantages in a worry free and completely managed environment with the absolutely lowest electrical usage rates in the world. No Joke. For thos of you who stay with us. YOU WONT REGRET IT .

Is he drunk? He sounds drunk.

Is he drunk? He sounds drunk.

hi

Looks like I may have screwed up unless China schedule is way diff from ours or something

can someone from China please clear this up so we can move forward
thanks

I feel very relieved i got out when first signs of trouble started early December. I can't imagine going through this dragged out drama, and i feel bad for everyone that stuck it out this long. Hopefully they deliver soon, but it appears people are still getting strung along. Goodluck guys.

Are things really this bad? Geez. Hopefully Tom can pull it together, fess up with what's going on, and move forward. If he keeps this up i'm afraid he's toast.

I strongly recommend both domestic and overseas customers to take us up on our hosting deal. This will get you the absolute cheapest electrical costs in the country and in hand you will have 24 managed care of your miners, not just the fact that over seas customers will not have to wait to clear customers to receive their packed it means they keep to enjoy mining right away and reap the benefits of the domestic customers who ordered at the same time. The 3d and most special part of the whole thing is the incredibly low electrical usual you will benefit from, we are talking the lowest electrical rates in the country. Something that will make the actual electrical usual of these devices which are very low to begin with completely meaning less!THIS IS THE REAL GAME CHANGER IN THIS MINGING GAME.

FROM TOM:


I know - no one is happy about this

and I have a confession to make.

I have been dumping my blood sweat and tears into making this happen
and perhaps I was in over my head

I thought I could put this together like I did with the ModMiner Quad
obviously it was not and I was in WAY over my head

I fixed the post up from last night - so at least now its has a big of legibility

yes I had a few drinks before I posted that post (last night) - I was fucking heart broken, some of you look at my like im a fucking scammer and it kills me - I helped start some of the infrastructure Bitcoin runs on today, and have set many Bitcoin firsts
and this idea couldent be farsest from the truth. Look at what ive done for Bitcoin over the last 3 years, I live and breath bitcoin and I love it.

Unfortunately this project was way over my head and I thought I can handle this the same way I handled-ed the ModMiner Quad project, obviously I was sorely wrong and I am so sorry I could not bring this project to market in a timely manner

But I swear to you and I give you my word I never meant to lie to you or tried to give anyone bad advice. I am sorry about my drunken (now fixed ) post from last night - I had a few drinks before that post because after receiving the bad news (about March) - this was the only way I knew how to deal with it. I am selling my share in BTCFPGA and it is now going to be owned by a asian company that is 100% sure of a March Delivery.  if you are not interested in doing business with this company please feel free to filll out a refund request and we will refund your money is full. There is plenty enough money to make all of these refunds and I have been a pillar of this community for years, so please no panic. Anyone that wants a refund - they will receive one today. Please I ask you to please accept my apologize - if you can wait until March you will receive a superior ASIC mining device, if you lost your trust in me and my company than I dont blame you at all. But please understand I tried the best at the best of my ability and I can't take any of this anymore. I am not the right man for this job. Your new ASIAN benefactors will be online soon to greet you all and see where were are at and hopefully they can calm some of your nerves. They have the equipment to do most of these processes in house. They dont have to relay on sub contractors and deal with all these little problems that pop up in that process. They can fab pbcs, pick parts, soldering machines, the whole nine yards. You will be much happier with this company and with my out of the picture. Expect contact from them soon.

As for me im going to back to my web hosting business and my computer repair shop and live the simple life for awhile, enjoy time with my kids and please accept my apologies for not being the person you needed - the person who you needed to make his happen.

I will continue to sell modminer quads on http://btcfpga.com or mining and hobbyist uses on the side, and im going to try and live a happy life, I am sorry I let you down I really am and I hope the Asians took good care of you.

we are not going to scam anyone - if you request a refund you will receive it right away - if your willing to wait until March you will probably receive a better product than if you stick with me, thats just the reality of the situation.

sincerely with blood sweat and tears,
Tom

I know - no one is happy about this

and I have a confession to make.

I have been dumping my blood sweat and tears into making this happen
and perhaps I was in over my head

I thought I could put this together like I did with the ModMiner Quad
obviously it was not and I was in WAY over my head

I fixed the post up from last night - so at least now its has a big of legibility

yes I had a few drinks before I posted that post (last night) - I was fucking heart broken, some of you look at my like im a fucking scammer and it kills me - I helped start some of the infrastructure Bitcoin runs on today, and have set many Bitcoin firsts
and this idea couldent be farsest from the truth. Look at what ive done for Bitcoin over the last 3 years, I live and breath bitcoin and I love it.

Unfortunately this project was way over my head and I thought I can handle this the same way I handled-ed the ModMiner Quad project, obviously I was sorely wrong and I am so sorry I could not bring this project to market in a timely manner

But I swear to you and I give you my word I never meant to lie to you or tried to give anyone bad advice. I am sorry about my drunken (now fixed ) post from last night - I had a few drinks before that post because after receiving the bad news (about March) - this was the only way I knew how to deal with it. I am selling my share in BTCFPGA and it is now going to be owned by a asian company that is 100% sure of a March Delivery.  if you are not interested in doing business with this company please feel free to filll out a refund request and we will refund your money is full. There is plenty enough money to make all of these refunds and I have been a pillar of this community for years, so please no panic. Anyone that wants a refund - they will receive one today. Please I ask you to please accept my apologize - if you can wait until March you will receive a superior ASIC mining device, if you lost your trust in me and my company than I dont blame you at all. But please understand I tried the best at the best of my ability and I can't take any of this anymore. I am not the right man for this job. Your new ASIAN benefactors will be online soon to greet you all and see where were are at and hopefully they can calm some of your nerves. They have the equipment to do most of these processes in house. They dont have to relay on sub contractors and deal with all these little problems that pop up in that process. They can fab pbcs, pick parts, soldering machines, the whole nine yards. You will be much happier with this company and with my out of the picture. Expect contact from them soon.

As for me im going to back to my web hosting business and my computer repair shop and live the simple life for awhile, enjoy time with my kids and please accept my apologies for not being the person you needed - the person who you needed to make his happen.

I will continue to sell modminer quads on http://btcfpga.com or mining and hobbyist uses on the side, and im going to try and live a happy life, I am sorry I let you down I really am and I hope the Asians took good care of you.

we are not going to scam anyone - if you request a refund you will receive it right away - if your willing to wait until March you will probably receive a better product than if you stick with me, thats just the reality of the situation.

sincerely with blood sweat and tears,
Tom

Tom just sold bAsic

... to "an asian company".

Um ... which one? I guess there's more than one company in this Asia ;)

Do not worry. These ASIAN benefactors will not let anyone down.



EDIT: No seriously. This is hilarious.


ASIAN benefactors.

I do hope the security of our personal information isn't just forked over to some unknown Asian company...  I do not want my name, address and any other information handed over at all

I ran this through my trans-dimensional bullshit gin and this was the output:

I took a sufficient number of your orders and delayed long enough to convince an investor to buy the company at a profit to me. If the change of ownership means that investor loses his backlog of orders it is immaterial to me for I have already taken my cut. Pump and Dump mechanics worked for me and may they work for the other ASIC guys, glad I got there first. PS: I am an alcoholic.

It's OK for their sweatshops fabs to make our hardware, but I don't want to deal with an Asian company.    ::)

i hope the asians take good care of you. LOL.

Did Avalon just buy bASIC?

Did Avalon just buy bASIC?

He said in IRC that it's someone bASIC has been dealing with all along.  Yet again, though, he's playing the "more details tomorrow" card.  This is a shocking way to make major announcements.  You should anticipate people's questions and give them the answers to those questions when you make the announcement and you should also make yourself available for questioning. 

The way this has been handled is an epic fail.  You should pretty much expect to work around the clock for a few days when you're going to drop these kind of drama-bombs.

Did Avalon just buy bASIC?

SCAMMER ALERT SCAMMER ALERT SCAMMER ALERT.  Get  the popcorn.


I'm sure everyone has his cell phone number from his website but here it is 13155918719 if you don't and need to call him if it dissapears. 

I'm sure a scammer would give out a 'burner' phone number. Although a legit number can be changed pretty easily too.

I'm sure a scammer would give out a 'burner' phone number. Although a legit number can be changed pretty easily too.

I would be very disappointed if we later learn that all the ASIC developers are in cohorts.

This is priceless.

I don't get it.  Is the quote from a movie or something?

I don't get it.  Is the quote from a movie or something?

FROM TOM:

............

Your new ASIAN benefactors will be online soon to greet you all and see where were are at and hopefully they can calm some of your nerves.

...........

Tom

about their orders and their information being in the hands of a company which isn't based in the US.

Asian benefactors lol, is anyone else thinking Avalon bought him out?

No.

Really?  I'd think you'd be delighted.

BTW, it's 'cahoots'.

I'm thinking ASICMINER.

Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.

Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.

Tom mentioned much earlier reaching an agreement to supply chips to a competitor.  I think these are the same ppl who are now acquiring bASIC.

Seems to make sense, and possibly why Tom's offering a hosting/investment solution instead.

I'm thinking ASICMINER.

Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.

Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.

Tom mentioned much earlier reaching an agreement to supply chips to a competitor.  I think these are the same ppl who are now acquiring bASIC.

Nobody seems to know whether there even are any half finished 90 nm bASIC chips.  Taking over bASIC would be a massive risk right now as a lot of people are wanting refunds on their pre-orders and it will likely require an injection of more capital to finish development of the bASIC units.

Do not worry. These ASIAN benefactors will not let anyone down.



EDIT: No seriously. This is hilarious.


ASIAN benefactors.

http://i63.photobucket.com/albums/h148/Bigblock462/Benefactor_zpsbc0a021e.jpg

She'll whip those naughty ASIC's into shape  :o

Nobody seems to know whether there even are any half finished 90 nm bASIC chips.

Taking over bASIC would be a massive risk right now as a lot of people are wanting refunds on their pre-orders and it will likely require an injection of more capital to finish development of the bASIC units.  Whoever takes over isn't even guaranteed those first batch sales because they can't predict how many people will cancel their orders.

No, it's funny because Tom appears to have been emphasising the fact that the new "benefactors" are ASIAN in order to reassure people that they will be able to ensure that the bASICs will actually get built and shipped in March.

However, for an entity with the financial wherewithal to ride out all the cancelations, if they can manage to complete development of the product and ship even a small handful of orders, once that happens, securing a massive flood of orders will not be a problem IMO.

If they can manage to complete development of the product, they can set all unsold devices to mine for them, earning even more than selling them.

I disagree.  I think there's more money to be made in selling the devices, by far.

You know, I swear there was a comment here pointing out the lockdown at the BTCFPGA forums and suggesting people should arrange credit-card chargebacks where possible, and then when I refereshed the page it just... vanished.

Where is the "tomorrow" update? :D

Where is the "tomorrow" update? :D

Tomorrow update is here. Shows hashing ASIC.

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

You're doing great job advertising your company "pacific bliss". Just because you're panicing doesn't make you right. Tom has honored refunds before. He had thousands of orders. They're not able to handle them in a few days. Just chill like the man in your avatar and you will get your refund in a few days. And regarding your demands of receiving BTC, was the price on the site in BTC? No? Well, then you're out of luck. Your BTC was processed by BitPay, and credited to Tom in USD. Tom can refund you in BTC, but that will probably be through BitPay as well.

The arguments you tried to use for justifying a refund in BTC because BTC happened to rise in value as time passed (and that you would've held those in BTC if you hadn't ordered from Tom), is like demanding Tesla motors to refund your downpayment for a Tesla Roadster to be paid back in same amount of Apple stocks that you had to sell when you made your downpayment.

You're doing great job advertising your company "pacific bliss". Just because you're panicing doesn't make you right. Tom has honored refunds before. He had thousands of orders. They're not able to handle them in a few days. Just chill like the man in your avatar and you will get your refund in a few days. And regarding your demands of receiving BTC, was the price on the site in BTC? No? Well, then you're out of luck. Your BTC was processed by BitPay, and credited to Tom in USD. Tom can refund you in BTC, but that will probably be through BitPay as well.

The arguments you tried to use for justifying a refund in BTC because BTC happened to rise in value as time passed (and that you would've held those in BTC if you hadn't ordered from Tom), is like demanding Tesla motors to refund your downpayment for a Tesla Roadster to be paid back in same amount of Apple stocks that you had to sell when you made your downpayment.

“For a while, all of the news stories have been quite negative—Ponzi schemes, scams, hacking attacks—and it’s always spun in a negative way,” says Michael Bliss, owner of a massage therapy company in Vancouver that accepts Bitcoins. “It needs to be tested and made stronger from serious attacks,” he says, but adds that it also needs time to develop. “It took the euro years to get in the disastrous state it is right now. We’re in year four of Bitcoin.”

It's kind of ironic given the following statement that appeared in the last issue of the largest Canadian news magazine as part of an article on Bitcoin. I coincidentally read the article a couple nights ago before this all blew up.

Maybe giving it a few days to sort itself out would be reasonable?

Get over it.  This guy is running with your money.  He doesnt have enough to refund everyone.  He probably has more refunds then whats left in the account.  The good thing about this is that people with credit card orders can prosecute him for fraud if he doesnt return their money.

Get over it.  This guy is running with your money.  He doesnt have enough to refund everyone.  He probably has more refunds then whats left in the account.  The good thing about this is that people with credit card orders can prosecute him for fraud if he doesnt return their money.

Get over it.  This guy is running with your money.  He doesnt have enough to refund everyone.  He probably has more refunds then whats left in the account.  The good thing about this is that people with credit card orders can prosecute him for fraud if he doesnt return their money.

Considering that a decent number of people think you're hashking, I personally don't give any weight to anything you say when discussing scammers.

Not sure why people think Im someone else but that is there problem.

I don't have a horse in this race but I did do some internet snooping on the name listed in the thread and it looks like hashking already has some lawsuits filed against him for credit cards and foreclosed properties.  I hope you guys are going after the right person, because if this is him you guys will be throwing good money to chase money you might never get.  

I would assume because hashking had a large farm of X6500s and MMQs which he was constantly asking for help with. After he got scammer tagged and people kept asking where his equipment was and why it wasn't being liquidated, he stopped asking for help in late October and just posted in his lending thread.

Coincidentally, you showed up in late October as well, asking for help running your X6500s and MMQs pretty much exclusively after getting out of newbie jail. That, other than a brief stopover to tell people that they should make sure that they're chasing the right guy, and showing some previously unknown foreclosures and possible CC fraud charges against hashking to show he was broke.

You can think whatever you want.

  I really dont have to explain myself.

Good luck with your scammer buddy Tom. 

You can think whatever you want.  I really dont have to explain myself.   Good luck with your scammer buddy Tom. 

Mining isn't really fun anymore, is it?

Mining has actually become a bigger risk then it is worth at this point.

Mining isn't really fun anymore, is it?

You're doing great job advertising your company "pacific bliss". Just because you're panicing doesn't make you right. Tom has honored refunds before. He had thousands of orders. They're not able to handle them in a few days. Just chill like the man in your avatar and you will get your refund in a few days. And regarding your demands of receiving BTC, was the price on the site in BTC? No? Well, then you're out of luck. Your BTC was processed by BitPay, and credited to Tom in USD. Tom can refund you in BTC, but that will probably be through BitPay as well.

The arguments you tried to use for justifying a refund in BTC because BTC happened to rise in value as time passed (and that you would've held those in BTC if you hadn't ordered from Tom), is like demanding Tesla motors to refund your downpayment for a Tesla Roadster to be paid back in same amount of Apple stocks that you had to sell when you made your downpayment.

Thanks, I will.That's true, you don't.Thanks, good luck with your super duper 100% guaranteed fund.

Looks like you will be able to pay your buddy Tom a visit in Jail now. 

1. The chances of Tom ending up in jail over a failed BTC venture when outright scammers like Pirate, Hashking, Andrew Nolan, BTC Guy, etc etc haven't been prosecuted.
2. Tom is not my buddy, I'm a former customer of his. I just disprove of morons and scammers, of which I believe you are one.

Tom took credit cards for payment if those do not get refunded under US law that is wire fraud a federal crime that is frowned upon, BTC they don't give a tinkers damn about it...

Tom took credit cards for payment if those do not get refunded under US law that is wire fraud a federal crime that is frowned upon, BTC they don't give a tinkers damn about it...

[Serious Question:

Will Visa and Mastercard actually pay out all those huge sums of money for each individual customer?

If the merchant account is dry then I can only assume they will have to pick up the tab.

Tom took credit cards for payment if those do not get refunded under US law that is wire fraud a federal crime that is frowned upon, BTC they don't give a tinkers damn about it...

+1.  He committed fraud.  So the time he was planning on spending with his family, he will now be spending it with big bubba in a jail cell.  

+1.  He committed fraud.  So the time he was planning on spending with his family, he will now be spending it with big bubba in a jail cell. 

Yeah, that totally happened to Sonny when he committed fraud on a much larger scale.

requested refund for my orders from btcfpga.com. Can't figure out what is about to happen and if they go under, you loose your money. So If I dont hear back in 48 hours then I will do a chargeback.

I wonder who will be replacing him in this picture after they haul his ass off to jail.  Hopefully he takes good care of your family.

Calm down.  There isn't any evidence that Tom is not making a good faith effort to refund every order.  If he was running away, why would he refund $200k of orders, wire more money to the merchant account, and pay some employees first?

Let me travel thro times and call you dumbass in advance.

kthnxbye

Please don't blame the victim, he is acting in good faith. Reserve your vitriol for Tom who caused this mess.

I requested my refund on Jan 6. I have not received a BTC refund or a CC refund. I have sent numerous emails to multiple email addresses, and have even CC'd the potential investor on the most recent ones. I was told by dave I would receive a refund within 24 hours on Jan 11, and have not heard a word since then (and of course no refund has appeared on my MC, or in my BTC accounts.) To make sure he received my messages, I even sent dave a number of PM's in the forum. I'm pretty much just being blatantly ignored. People after me (who requested refunds after Jan 6) say they have received them.

Order #1331 & #1723 .... Waiting.....

Funny, whenever someone requests a refund with my services I send it to them within 24 hours, and typically within an hour. C'est la vie? *shrug*

Edit: My BTC order #1331 is "Refund Requested". My CC order #1723 is "Ready to Ship".

Edit: Also, these were all sent from gmail. So unless gmail is broken, there is nothing wrong with my email.

Edit: I submitted my paperwork for a chargeback on Jan 14.

Edit: these were all ordered on btcfpga, not the newer bitcoinasic website.

Considering that a decent number of people think you're hashking, I personally don't give any weight to anything you say when discussing scammers.

Yea, a scare is right. I admit to not checking these forums much these days because I'm tired of the trolling but I did take notice of the stickied thread the other day and the link to the btcfpga forum posting of 'everyone do a chargeback now!'. To turn around within a week and say 'Heh, sorry about that.. ' is unbelievably crap and casts serious doubt about the sanity of those in charge.

I never did hear anything from Dave about the refund emails I sent, so I did CC chargeback and have the credit from them back to the card already so hopefully that's the end of it. If they turn around and ship after scaring off their customers that ordered and waited from them, then that's really crappy - not that I feel like making another order with them.

What's that phrase, 'fool me once, shame on you' .. 'fool me twice, shame on me'.

Look here: https://www.btcfpga.com/forum/index.php?topic=1048.0 (https://www.btcfpga.com/forum/index.php?topic=1048.0)

Tom has given up, but promised "EVERY SINGLE CUSTOMER WILL BE REFUNDED. PERIOD."

Probably helps that he has twice as many Bitcoins now as he needs to refund for the equivalent USD value.  ;)

Only if they didn't cash out the Bitcoins.  The fact that he said they'll have to buy BTC to make the refunds suggests they weren't holding large Bitcoin reserves.

Tom has given up, but promised "EVERY SINGLE CUSTOMER WILL BE REFUNDED. PERIOD."

Just to confirm, my order was 25 units, I requested a refund for the credit card transactions around the 11th Jan from Dave and I got the money back this morning in my online statements, I did loose a few percent on the $USD vs EUR exchange rate.

But at least they are keeping their word.

First I want everyone to know - that all that nonsense that was posted on the Bitcointalk forum last night was not me. In fact I have not been on that forum in quite a while. My forum account was compromised and some people had some fun with it.

JESES MOTHER FUCKIN' CHRIST!!! https://www.btcfpga.com/forum/index.php?topic=1048.0


That's all I read so far. I swear on my mom and dad's ashes that I was going to pen this excuse a few days ago, but thought better of it, along with thinking that if I did, it wouldn't be used.

I'm sorry, Tom, but something doesn't smell right.

http://static.priyo.com/files/image/2012/05/30/20120530-shoe-460.jpg

link the "dave's" computer bit. I hadn't heard this.

It was discussed on IRC #BTCFPGA.  Some customers got spammed from Dave's email with links to malware or something hosted on a .it website.

Dave came on and said he'd since removed his old hard drive and installed a new Win7 on a new drive.

He also said this slowed down his processing of refunds.

Yeah... i believe that...or is it some other just as wild story

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