Bitcoin Forum

Bitcoin => Hardware => Topic started by: jamesg on June 18, 2013, 11:47:02 PM



Title: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 18, 2013, 11:47:02 PM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.

https://lh6.googleusercontent.com/-uzpznsz3Wdg/UcDgS4xWPoI/AAAAAAAABD0/GEDkmsqPlWM/s800/IMG_20130618_171440.jpg

http://kcmo2.gigamining.com/

The picture above shows multiple FPGA minirigs along with 1 ASIC minirig.

The rig will be up and down for the evening while conman works to get cgminer fine tuned with the new firmware.

Best,
James


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: papamoi on June 18, 2013, 11:49:36 PM

wich one is it?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: greenwizard on June 18, 2013, 11:50:54 PM
Well, that's a lot of hash! :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Transisto on June 18, 2013, 11:51:06 PM
 ;D

I'd like to see more. What PSUs are they ?

consumption ...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: hardpick on June 18, 2013, 11:51:52 PM

wich one is it?


The one with 2 handles ie 2 power supplys


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Scared on June 18, 2013, 11:52:38 PM

wich one is it?


Top Row Right most Rig.. It has two larger grey power connectors...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: papamoi on June 19, 2013, 12:06:19 AM
so the people who have ordered it when it was supposed to hash at 1500 gigahash will have 3 of them?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Photon939 on June 19, 2013, 12:07:37 AM
so the people who have ordered it when it was supposed to hash at 1500 gigahash will have 3 of them?


That's the plan


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 12:10:59 AM
I have a status page up for it.

http://kcmo2.gigamining.com/

Just remember conman is working on it so it will be up and down.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Xian01 on June 19, 2013, 12:12:22 AM
Is that the same chassis as the FPGA minirig refitted to host the new ASIC boards ?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Internet151 on June 19, 2013, 12:12:28 AM
I am very jealous.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 12:13:23 AM
I have a status page up for it.

http://kcmo2.gigamining.com/

Just remember conman is working on it so it will be up and down.
What kind of cooling are you using for this room?

How much power does each unit actually take?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: sikman on June 19, 2013, 12:15:16 AM
cooool, in the last few weeks they have made some HUGE strides into getting the high end units completed 50/500GH


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: polrpaul on June 19, 2013, 12:15:55 AM
sweet jeebus! we believe oh lawd!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 12:19:07 AM
What kind of cooling are you using for this room?

12 tons of high powered dc hvac.

How much power does each unit actually take?

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: af_newbie on June 19, 2013, 12:27:33 AM
What kind of cooling are you using for this room?

12 tons of high powered dc hvac.

How much power does each unit actually take?

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.

That is amazing.  BFL came through.  500 Gh/s!!!  Can be run from a double pole 15A circuit.  Very nice.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: JordanL on June 19, 2013, 12:34:58 AM
500 GH/s? I will be seriously impressed with BFL if/when they are actually able to start shipping these bastards.

Anyone selling in hand units? I'll pay 10% over your pre-order price.   ;D ;D ;D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: auto2nr1 on June 19, 2013, 12:42:33 AM
Didn't this unit just ship and get delivered? So i am assuming they are starting to ship now?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: boonies4u on June 19, 2013, 12:53:24 AM
Congrats!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: rudrigorc2 on June 19, 2013, 12:58:13 AM
point that to ozcoin :D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Syke on June 19, 2013, 01:00:29 AM

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.

That is amazing.  BFL came through.  500 Gh/s!!!  Can be run from a double pole 15A circuit.  Very nice.

"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: phazedoubt on June 19, 2013, 01:01:18 AM
Did they ship all three of the rigs that we see in the picture at one time?  i have 3 FPGA's that i am waiting for my trade in singles to replace.  i am slightly jealous right now!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Transisto on June 19, 2013, 01:09:26 AM
500 GH/s? I will be seriously impressed with BFL if/when they are actually able to start shipping these bastards.

Anyone selling in hand units? I'll pay 10% over your pre-order price.   ;D ;D ;D
That'll be ~3000btc + 10% = 3300BTC.

At this price I'll even give you the 768 coupon code that came with it.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: miter_myles on June 19, 2013, 01:11:07 AM
500 GH/s? I will be seriously impressed with BFL if/when they are actually able to start shipping these bastards.

Anyone selling in hand units? I'll pay 10% over your pre-order price.   ;D ;D ;D
That'll be ~3000btc + 10% = 3300BTC.

At this price I'll even give you the 768 coupon code that came with it.

http://images1.wikia.nocookie.net/__cb20120514053646/ponymondawndusk/images/6/64/I_see_what_you_did_there.png


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: crazyates on June 19, 2013, 01:11:27 AM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: matt_boyd on June 19, 2013, 01:12:52 AM
I will buy shares in this, 10 for 1 BTC ::)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: AnonBitcoinBuyer on June 19, 2013, 01:13:07 AM
Way late and way over power budget, but looks legit.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: minternj on June 19, 2013, 01:20:34 AM
Way late and way over power budget, but looks legit.

Says the guy without 500GH hashing. I would love to have this now, even late and over power budget.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Cablez on June 19, 2013, 01:23:57 AM
Ahhh so that's why you were there when Lab_Rat made his walk through.  Makes perfect sense now.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 01:34:52 AM
What kind of cooling are you using for this room?

12 tons of high powered dc hvac.

How much power does each unit actually take?

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.

That is amazing.  BFL came through.  500 Gh/s!!!  Can be run from a double pole 15A circuit.  Very nice.
We don't know that yet. We have to wait till they get a bite and get back to us on the power being consumed.

@ GigaVPS

Keep us posted.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 01:40:39 AM

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.

That is amazing.  BFL came through.  500 Gh/s!!!  Can be run from a double pole 15A circuit.  Very nice.

"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.
I am working on releasing an estimate of how much the BFL owners lost before they actually got their shipments.

So far I have only done some rough number with what a Jally should have made from January 1st, of 2013.

The Jally should have produced roughly 107 BTC from January until now. But should only produce about 7 to 13 BTC for the rest of it's [useful] life. I based it on halving my own ASIC and estimating what it would have produced back in January 2013.

I do not know how much (for certain) an ASIC was making back in January (or even October 2012 before the block halving). But if correct, BFL hardware (actually any ASIC hardware) has lost about 80 to 90% of it's generating value over the last year.

Which means you will only get about 10 to 15% of the value of your hardware before it starts spitting out fractions so small that the fee to make the transfer is probably bigger. My numbers may be off, so that is why I haven't yet released that rough estimation. But they should be in the neighborhood.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: donut on June 19, 2013, 01:45:44 AM
You do realize that your estimate is incorrect? If BFL started shipping in January, we'd have the difficulty we have today by January 15th.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 01:50:11 AM
You do realize that your estimate is incorrect? If BFL started shipping in January, we'd have the difficulty we have today by January 15th.
I didn't make a quote based on BFL having shipped everything. I only made it based on the curve we had up until now. Then on to what the curve will likely look like in the future.

You are correct in that if BFL had shipped everything then the difficulty would have shot through the roof and probably by march the ASICs would not have produced anywhere near on track to 107 BTC. If that was your point then yes, in that you are spot on.

Which if you look carefully at your own statement it is a self defeating means to profit. ;)

Exclusivity or scaling is the only way to remain profitable. (unless you actually think BTC will reach 1000 USD and great inflows of dollars flow through the system)

P.S. In which case, just buy and hold BTC rather than buy ASICs. It makes much more sense.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Bitcoinorama on June 19, 2013, 01:51:01 AM
Monster...!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Morblias on June 19, 2013, 02:03:37 AM
Looks like a lot of hardware errors, http://kcmo2.gigamining.com/?ref=60&rig=2

Is it overheating?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 02:18:34 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jcpham on June 19, 2013, 02:24:37 AM
seriously giga, you need to lay off. I think you may be addicted or something.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: freedomno1 on June 19, 2013, 02:29:06 AM
observing


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jbreher on June 19, 2013, 02:44:47 AM
Excellentamundo. Here's to hoping BFL delivers quickly on the remaining Teramining orders, then loses the formula ;)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 02:46:04 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500

Why 480 and not 500?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: erk on June 19, 2013, 02:48:51 AM
That's quite a surprise, I didn't think they had finished a Mini rig yet.


It astounds me that with the pretty obvious wall of BFL FPGA product in the OP photo, that people were doubting BFL's ability to deliver product, and calling it a scam etc. Sure, they are really slow, but they certainly have a track record of shipping stuff with photos to prove it. I hadn't ordered a BFL product prior to joining this forum, what made me finally do so was the same group of trolls in every BFL thread, I could tell these people were trying to hold back BFL sales, I assumed they saw BFL a threat, therefore kind of an endorsement. I know, it's inverse logic, but this thread seems to show I make the right deduction after all. Only wish I could afford a MiniRig.




Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: johnyj on June 19, 2013, 02:50:06 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


That's just too hot, 86C degree??? Delta fans needed  8)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 19, 2013, 03:03:36 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


That's just too hot, 86C degree??? Delta fans needed  8)

BFL is finally shipping significant hash rate! Hopefully, they get the singles and mini-rigs out to everyone in 2-3 weeks so they can get some of their BTC back before Avalon and KNCMiner (possibly) deliver.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: CoinHoarder on June 19, 2013, 03:05:36 AM
BFL is finally shipping significant hash rate! Hopefully, they get the singles and mini-rigs out to everyone in 2-3 weeks so they can get some of their BTC back before Avalon and KNCMiner (possibly) deliver.

Oh, the irony


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 03:05:47 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

Why 480 and not 500?
It behaves like 8 60GH singles instead of some separate unit. I have no idea about their claims and whatnot.

Update after running a while:
Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:26:38]
--------------------------------------------------------------------------------
 (5s):479.8G (avg):478.1Gh/s | A:493  R:0  HW:1757  U:13.1/m  WU:6674.9/m
 ST: 2  SS: 1  NB: 3  LW: 265104  GF: 0  RF: 1
 Connected to XXX diff 500 with stratum
 Block: 00cf53e5f0b96db7...  Diff:19.3M  Started: [02:56:53]  Best share: 610K
--------------------------------------------------------------------------------
Looks spot on for 480GH. HW errors ~0.7%. Yes, unit 4 looks hotter than the rest but no throttling appears to happen till 90.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 19, 2013, 03:24:59 AM
BFL is finally shipping significant hash rate! Hopefully, they get the singles and mini-rigs out to everyone in 2-3 weeks so they can get some of their BTC back before Avalon and KNCMiner (possibly) deliver.

Oh, the irony

Well, if they string it out over 90 days...some people are going to get wrecked.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: CoinHoarder on June 19, 2013, 03:28:21 AM
BFL is finally shipping significant hash rate! Hopefully, they get the singles and mini-rigs out to everyone in 2-3 weeks so they can get some of their BTC back before Avalon and KNCMiner (possibly) deliver.

Oh, the irony

Well, if they string it out over 90 days...some people are going to get wrecked.

Honestly I think this is more smoke and mirrors by BFL.

They are shipping BOTH mini rigs and singles, honest, honestly, they honestly are.....

(the rest of the suckers that ordered singles and mini rigs can wait weeks-months, but this shipment is mainly to produce more preorders.)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 19, 2013, 03:29:55 AM
BFL is finally shipping significant hash rate! Hopefully, they get the singles and mini-rigs out to everyone in 2-3 weeks so they can get some of their BTC back before Avalon and KNCMiner (possibly) deliver.

Oh, the irony

Well, if they string it out over 90 days...some people are going to get wrecked.

Honestly I think this is more smoke and mirrors by BFL.

They are shipping BOTH mini rigs and singles, honest, honestly, they honestly are.....

Well. They exist.
That is much better than yesterday (and the preceding 12 months).


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: CoinHoarder on June 19, 2013, 03:35:35 AM
Well. They exist.
That is much better than yesterday (and the preceding 12 months).

Am I wrong or am I right?

I guess we will wait and see, however they also shipped their first Single... to one person.

They also now shipped their first mini rig... to one person.

Lets see if they can deliver multiple units to different customers, not puppets they delivered to and requested they post a review on the forums (like the first single receiver admitted to and like gigaVPS was requested to do by assumption because he's one of their biggest mini rig customers/supporters)....


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: innovation on June 19, 2013, 03:39:14 AM
congraturations.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kev7112001 on June 19, 2013, 03:41:36 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


That's just too hot, 86C degree??? Delta fans needed  8)

it may not be accurate because there are a lot of units in that room heating up the room temp so who knows what it would when you have it


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Photon939 on June 19, 2013, 03:41:41 AM
If it was mine I would take it apart and let it breathe. Temps over 50C bug me, I can't imagine letting it suffocate at 80C plus continuously. Obviously they're pushing the limits of thermal design for that housing. Using punched/cut vents also hurts airflow pretty bad. A standard wire ring fan vent would probably double the airflow going through that thing.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: johnyj on June 19, 2013, 03:50:23 AM
Maybe they don't have enough ventilation for the mini-rig, single should be much better cooled

I just did days of extensive search for a quiet but powerful 120MM fan, so far Gentle Typhoon AP15 1850 RPM seems work best for cooling this kind of heat sinks


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: CanaryInTheMine on June 19, 2013, 03:51:42 AM
500 GH/s? I will be seriously impressed with BFL if/when they are actually able to start shipping these bastards.

Anyone selling in hand units? I'll pay 10% over your pre-order price.   ;D ;D ;D
no one is gonna sell you theirs... so make one, get involved: https://bitcointalk.org/index.php?topic=237710.0


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: sidhujag on June 19, 2013, 03:52:58 AM
i hope ppl dont go preordering for minirigs these are big tickets for bfl just what they want. I would buy drom ebay at 10th of price.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: erk on June 19, 2013, 04:03:15 AM
i hope ppl dont go preordering for minirigs these are big tickets for bfl just what they want. I would buy drom ebay at 10th of price.

They probably make more profit on the Jalapeno than this things per chip.
 


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: TheSwede75 on June 19, 2013, 04:05:25 AM
I will buy it right now for 100.000 BitBar! I hear they are worth 7 BTC each and come with Scrypt FPGA so what do you say?  ::)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bigdude on June 19, 2013, 04:27:36 AM
Ok, so one customer got a single.

And one customer got 1/3rd of a mini-rig.

While that is still not what we all want ... it IS a start.

And hopefully BFL can ramp up from here and finally give us our orders!!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: CoinHoarder on June 19, 2013, 04:34:12 AM
Ok, so one customer got a single.

And one customer got 1/3rd of a mini-rig.

While that is still not what we all want ... it IS a start.

And hopefully BFL can ramp up from here and finally give us our orders!!

At least BFL customers are wising up..

Re: "We're shipping!!!!! Honestly... Seriously, I'm honestly being serious that we're shipping... honestly. (I'm totally honestly serious.)"


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: lightlord on June 19, 2013, 04:35:40 AM
Reserved


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Hippie Tech on June 19, 2013, 04:36:39 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


That's just too hot, 86C degree??? Delta fans needed  8)

it may not be accurate because there are a lot of units in that room heating up the room temp so who knows what it would when you have it

Considering it just started.. notice the share count.. thats pretty damn hot.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: ultrix on June 19, 2013, 04:38:43 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500


That's just too hot, 86C degree??? Delta fans needed  8)

it may not be accurate because there are a lot of units in that room heating up the room temp so who knows what it would when you have it

Considering it just started.. notice the share count.. thats pretty damn hot.

Pretty bad when hardware error rate exceeds accepted count.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Sitarow on June 19, 2013, 04:40:52 AM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.

https://lh6.googleusercontent.com/-uzpznsz3Wdg/UcDgS4xWPoI/AAAAAAAABD0/GEDkmsqPlWM/s800/IMG_20130618_171440.jpg

http://kcmo2.gigamining.com/

The picture above shows multiple FPGA minirigs along with 1 ASIC minirig.

The rig will be up and down for the evening while conman works to get cgminer fine tuned with the new firmware.

Best,
James

Congrats. :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 04:44:03 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

Why 480 and not 500?
It behaves like 8 60GH singles instead of some separate unit. I have no idea about their claims and whatnot.
Nah, don't worry about it. I am just wondering [rhetorically] why they didn't spec test the unit before sending it out.

Keep us posted on any developments.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 04:47:42 AM
I will buy it right now for 100.000 BitBar! I hear they are worth 7 BTC each and come with Scrypt FPGA so what do you say?  ::)
Tell us more?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: crazyates on June 19, 2013, 04:48:46 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500

Pretty bad when hardware error rate exceeds accepted count.
I want you to switch your miners to a diff=500, and see how many shares you submit to your pool. Hint, my FPGA Single would get less than 40 shares a day at that diff.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 04:51:33 AM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.

https://lh6.googleusercontent.com/-uzpznsz3Wdg/UcDgS4xWPoI/AAAAAAAABD0/GEDkmsqPlWM/s800/IMG_20130618_171440.jpg

http://kcmo2.gigamining.com/

The picture above shows multiple FPGA minirigs along with 1 ASIC minirig.

The rig will be up and down for the evening while conman works to get cgminer fine tuned with the new firmware.

Best,
James

Congrats. :)
Oh,

I get the joke!

I was thinking they were all ASIC miners....

Now I finally understand that only one of them is the latest generation of ASIC while the others that look similar are just the older FPGA version from the previous generation.

I wonder if GigaVPS made the pic that way to give a false impression?

Which one is of the three or four is the actual current generation ASIC?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: papaminer on June 19, 2013, 04:53:24 AM
im so jealous...

i have seen gigavps mining rigs before... and here it is again....

a new set of money making machines..


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Luke-Jr on June 19, 2013, 04:57:03 AM
I wonder if GigaVPS made the pic that way to give a false impression?
How is it gigavps's fault that you can't read??  ???


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: fran2k on June 19, 2013, 04:58:42 AM
Pretty bad when hardware error rate exceeds accepted count.

Only 6% accepted. wtf!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Syke on June 19, 2013, 05:00:16 AM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: juhakall on June 19, 2013, 05:00:36 AM
Pretty bad when hardware error rate exceeds accepted count.

Only 6% accepted. wtf!

http://kcmo2.gigamining.com/?ref=60&rig=2

Compare difficulty accepted with rejected+hardware errors.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: roy7 on June 19, 2013, 05:02:32 AM
Pretty bad when hardware error rate exceeds accepted count.

How does difficulty play into that though? It's set at 500. So it is really 16*500 shares vs 193 errors?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: crazyates on June 19, 2013, 05:04:12 AM
Pretty bad when hardware error rate exceeds accepted count.
How does difficulty play into that though? It's set at 500. So it is really 16*500 shares vs 193 errors?
Exactly. Which turns out to be ~3%.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 05:04:24 AM
http://s22.postimg.org/3s8t3uczz/ASICs_vs_FPGA_s_uncovered.png


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 05:07:57 AM
I wonder if GigaVPS made the pic that way to give a false impression?
How is it gigavps's fault that you can't read??  ???
Ah, luke:

« Last Edit: June 18, 2013, 07:17:33 PM by gigavps »

The first OP post was edited after it was made.

Also, I understood there was three components to a BFL [ASIC] minirig. I saw several so I assumed GigaVPS was showing more than 1/3.

So far, (from looking at the plugs) I only see 1/3rd of a minirig being pictured. Where are the other two units?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Syke on June 19, 2013, 05:09:24 AM
So far, (from looking at the plugs) I only see 1/3rd of a minirig being pictured. Where are the other two units?

In Inaba's farm.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 19, 2013, 05:18:29 AM
So far, (from looking at the plugs) I only see 1/3rd of a minirig being pictured. Where are the other two units?

In Inaba's farm.
That explains this message from him then.

https://bitcointalk.org/index.php?topic=89902.msg2456884#msg2456884

Ok folks... we are at a critical juncture here and I'm looking for input on how to move forward.

I am not able to host all the singles, given the new power requirements.  I would have to split it into separate DC's and even if I were to keep them in the current locations, the increased power cost far exceeds the 10% held back on the units. In short, I simply can't operate this number of singles even at break even on my part.

Obviously, this is an untenable situation for me.  I'm considering invoking the original clause:

Quote
Should mining become unprofitable or other circumstances cause the operator to be unable or unwilling to perform his duties, sale of all hardware and equal distribution of funds will commence according to the number of shares held by each individual.

I am obviously not willing to operate at a continual loss.  If anyone has suggestions on moving forward, I'm open to them.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 05:21:50 AM
Pretty bad when hardware error rate exceeds accepted count.
How does difficulty play into that though? It's set at 500. So it is really 16*500 shares vs 193 errors?
Exactly. Which turns out to be ~3%.

Yes and as always, when you first start it, it looks worse. Here it is after running for ~2hrs without changing the code.

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 03:21:34]
--------------------------------------------------------------------------------
 (5s):479.5G (avg):478.1Gh/s | A:1502  R:0  HW:5182  U:12.7/m  WU:6662.8/m
 ST: 2  SS: 0  NB: 14  LW: 824569  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 005c9eedec8c830c...  Diff:19.3M  Started: [05:12:05]  Best share: 914K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 47.90G/58.20Gh/s | A:186 R:0 HW: 337 U: 1.58/m
 BAS 1:  max 70C 3.28V | 67.61G/60.23Gh/s | A:180 R:0 HW: 674 U: 1.53/m
 BAS 2:  max 76C 3.27V | 68.62G/59.84Gh/s | A:200 R:0 HW: 550 U: 1.70/m
 BAS 3:  max 80C 3.27V | 46.95G/61.31Gh/s | A:198 R:0 HW: 644 U: 1.68/m
 BAS 4:  max 86C 3.27V | 56.42G/60.44Gh/s | A:178 R:0 HW:1274 U: 1.51/m
 BAS 5:  max 71C 3.28V | 48.24G/58.86Gh/s | A:183 R:0 HW: 542 U: 1.55/m
 BAS 6:  max 82C 3.27V | 56.12G/58.79Gh/s | A:193 R:0 HW: 347 U: 1.64/m
 BAS 7:  max 77C 3.26V | 60.53G/60.45Gh/s | A:184 R:0 HW: 815 U: 1.56/m
--------------------------------------------------------------------------------

Accepted is 1502, so 1502 * 500 = 751000 accepted diff 1 shares, so HW errors are 5182 or 5182 / 751000 * 100 ~0.7%

Number 4 definitely runs  hotter, and consequently has the highest HW error rate.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 05:34:06 AM
I wonder if GigaVPS made the pic that way to give a false impression?

Really?  :-\

I took a picture of my setup in the datacenter to share and you think I'm trying to give "false impressions"?   :'(

Also, I edited the OP to add the link to the stats page.  :-X


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 19, 2013, 05:36:12 AM
And ...
... and an update? to my previous post also :)
I was downgraded to a 4xSingle Minirig :D
But now even on windows (got forbid :P) it's hashing away so well.

Yeah my post above became a certain other non-cgminer person's MiniRig

Anyway ...
http://198.245.60.111/Pix/4basminirig.png
and yes the HW error rate - like ckolivas mentioned above - is low
In my case below 1% ... but at 236GH/s .. who cares?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 19, 2013, 06:32:41 AM
I'm jealous ;)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: mc_lovin on June 19, 2013, 06:50:06 AM
The 25 GH units are a spec of dust compared to that beast!  And they sold so many of these things too.  Oh man diff is going to go upwards in a hurry!

Don't worry guys if it says 480 GH and he said 500 GH this is the first moment they've gotten to tinker with it, I'm sure they can squeeze out another percent or two.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: goxed on June 19, 2013, 07:22:23 AM
Did it come with the Nexus-7 touchpanel?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: ultrix on June 19, 2013, 07:24:27 AM
It's been up and down numerous times as I've been chipping away at the code to make it work at its theoretical maximum 480GH.

It's mostly working now. Here's what I've got:

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 02:17:06]
--------------------------------------------------------------------------------
 (5s):477.6G (avg):472.1Gh/s | A:16  R:0  HW:193  U:10.8/m  WU:6575.3/m
 ST: 2  SS: 0  NB: 2  LW: 11012  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 00179d4404ca1359...  Diff:19.3M  Started: [02:18:28]  Best share: 9.56K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 56.23G/58.22Gh/s | A:1 R:0 HW:18 U: 0.67/m
 BAS 1:  max 69C 3.27V | 58.92G/60.48Gh/s | A:1 R:0 HW:23 U: 0.67/m
 BAS 2:  max 74C 3.27V | 60.53G/59.85Gh/s | A:4 R:0 HW:19 U: 2.69/m
 BAS 3:  max 80C 3.28V | 62.52G/61.58Gh/s | A:1 R:0 HW:20 U: 0.67/m
 BAS 4:  max 86C 3.27V | 74.56G/59.90Gh/s | A:4 R:0 HW:39 U: 2.69/m
 BAS 5:  max 71C 3.28V | 64.25G/58.79Gh/s | A:1 R:0 HW:25 U: 0.67/m
 BAS 6:  max 81C 3.27V | 59.93G/58.98Gh/s | A:2 R:0 HW:25 U: 1.34/m
 BAS 7:  max 72C 3.27V | 43.22G/60.81Gh/s | A:2 R:0 HW:25 U: 1.34/m
--------------------------------------------------------------------------------

Note the hardware error count may appear very high, but bear in mind that it's mining at diff 500

Pretty bad when hardware error rate exceeds accepted count.
I want you to switch your miners to a diff=500, and see how many shares you submit to your pool. Hint, my FPGA Single would get less than 40 shares a day at that diff.

Even looking at the error / hash rate ratio its high.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 07:38:28 AM
Even looking at the error / hash rate ratio its high.

Will you look at the followup or just keep going on about this?

Pretty bad when hardware error rate exceeds accepted count.
How does difficulty play into that though? It's set at 500. So it is really 16*500 shares vs 193 errors?
Exactly. Which turns out to be ~3%.

Yes and as always, when you first start it, it looks worse. Here it is after running for ~2hrs without changing the code.

Code:
 cgminer version 3.2.2 - Started: [2013-06-19 03:21:34]
--------------------------------------------------------------------------------
 (5s):479.5G (avg):478.1Gh/s | A:1502  R:0  HW:5182  U:12.7/m  WU:6662.8/m
 ST: 2  SS: 0  NB: 14  LW: 824569  GF: 0  RF: 0
 Connected to XXX diff 500
 Block: 005c9eedec8c830c...  Diff:19.3M  Started: [05:12:05]  Best share: 914K
--------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BAS 0:  max 68C 3.28V | 47.90G/58.20Gh/s | A:186 R:0 HW: 337 U: 1.58/m
 BAS 1:  max 70C 3.28V | 67.61G/60.23Gh/s | A:180 R:0 HW: 674 U: 1.53/m
 BAS 2:  max 76C 3.27V | 68.62G/59.84Gh/s | A:200 R:0 HW: 550 U: 1.70/m
 BAS 3:  max 80C 3.27V | 46.95G/61.31Gh/s | A:198 R:0 HW: 644 U: 1.68/m
 BAS 4:  max 86C 3.27V | 56.42G/60.44Gh/s | A:178 R:0 HW:1274 U: 1.51/m
 BAS 5:  max 71C 3.28V | 48.24G/58.86Gh/s | A:183 R:0 HW: 542 U: 1.55/m
 BAS 6:  max 82C 3.27V | 56.12G/58.79Gh/s | A:193 R:0 HW: 347 U: 1.64/m
 BAS 7:  max 77C 3.26V | 60.53G/60.45Gh/s | A:184 R:0 HW: 815 U: 1.56/m
--------------------------------------------------------------------------------

Accepted is 1502, so 1502 * 500 = 751000 accepted diff 1 shares, so HW errors are 5182 or 5182 / 751000 * 100 ~0.7%

Number 4 definitely runs  hotter, and consequently has the highest HW error rate.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: one4many on June 19, 2013, 08:48:21 AM
Why running on such a high diff anyway. 32 or 64 would do easily with a stratum-proxy in between.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 09:17:19 AM
Why running on such a high diff anyway. 32 or 64 would do easily with a stratum-proxy in between.
gigavps runs his own pool and it targets 8 shares per minute so that's what it settles at with 480GH.

https://bitcointalk.org/index.php?topic=206181.0


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bobboooiie on June 19, 2013, 09:53:40 AM
How much did this thing cost on preorder 1 year ago ?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: vm1990 on June 19, 2013, 11:00:16 AM
i dare you to point it to my mining account for a few hours go on i dare you XD ......Please  :D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: whisper on June 19, 2013, 11:16:34 AM
How much did this thing cost on preorder 1 year ago ?

May be around 4000btc :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 12:05:04 PM
Did it come with the Nexus-7 touchpanel?

I've opted out of using the Nexus7 because I don't like to introduce more change than necessary. cgminer is using about 15% CPU on a i7 processor (I'm pretty sure conman is not done with optimizations) because the new long board firmware has the mining software controlling work for each chip. It is like running 128 devices on a single instance of cgminer.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitpop on June 19, 2013, 12:05:57 PM
Can I buy your nexus?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 12:09:00 PM
How much did this thing cost on preorder 1 year ago ?

Pre-order cost was $15k + trade-in of the FPGA mini rig.

There are always risks with spending earned BTC on mining equipment and this situation is no different.

I am very grateful to BFL for pressing though their power issues and making it to the other side. There resolve to see the project though is top notch.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 12:10:00 PM
Can I buy your nexus?

We'll have to wait and see.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bowen151 on June 19, 2013, 12:16:23 PM
Nice rig room giga. Very nice. I would aspire to have a room with half the power you have on show, id be damn happy to get there too.

Congrats on having the guts to stick it out for the glory. Reap that coin, you deserve it ;)



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 19, 2013, 01:32:04 PM
Did it come with the Nexus-7 touchpanel?

I've opted out of using the Nexus7 because I don't like to introduce more change than necessary. cgminer is using about 15% CPU on a i7 processor (I'm pretty sure conman is not done with optimizations) because the new long board firmware has the mining software controlling work for each chip. It is like running 128 devices on a single instance of cgminer.
There is not a lot of scope for further reductions in CPU with that particular hardware design and firmware, but bear in mind that it was 14% of one core of an i7 processor running at 1600Mhz. Even if it was a dual core/4 thread CPU that ran at that speed, it should be able to accommodate 16 minirigs, though there may be other barriers beside CPU usage alone first.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: mtminer on June 19, 2013, 03:06:06 PM
Did it come with the Nexus-7 touchpanel?

I've opted out of using the Nexus7 because I don't like to introduce more change than necessary. cgminer is using about 15% CPU on a i7 processor (I'm pretty sure conman is not done with optimizations) because the new long board firmware has the mining software controlling work for each chip. It is like running 128 devices on a single instance of cgminer.
There is not a lot of scope for further reductions in CPU with that particular hardware design and firmware, but bear in mind that it was 14% of one core of an i7 processor running at 1600Mhz. Even if it was a dual core/4 thread CPU that ran at that speed, it should be able to accommodate 16 minirigs, though there may be other barriers beside CPU usage alone first.

Interesting thanks for the info.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: P!nk4sand on June 19, 2013, 04:36:02 PM
OMG that's insane  :o


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: GalaxyASIC on June 19, 2013, 04:57:50 PM
What kind of cooling are you using for this room?

12 tons of high powered dc hvac.

How much power does each unit actually take?

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.


And the power use is ?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: twitami1 on June 19, 2013, 04:59:41 PM
What kind of cooling are you using for this room?

12 tons of high powered dc hvac.

How much power does each unit actually take?

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.


And the power use is ?

Lol, what difference does it make? The thing could require a new 220volt outlet in your house and you would do it! :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 05:02:04 PM
And the power use is ?

I haven't measured it yet and I am not where the machine is to be able to do so at this time. I will hopefully be there later this evening and will see if I can get a reading then.

After setting up the rigs last night, it was time for sushi and drinks to celebrate the arrival of this equipment.

I figured it is not best to be messing with equipment or 208v 3P power while intoxicated.....


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: boonies4u on June 19, 2013, 05:18:34 PM
And the power use is ?

I haven't measured it yet and I am not where the machine is to be able to do so at this time. I will hopefully be there later this evening and will see if I can get a reading then.

After setting up the rigs last night, it was time for sushi and drinks to celebrate the arrival of this equipment.

I figured it is not best to be messing with equipment or 208v 3P power while intoxicated.....

Uhmmm... You do have something in place for if you die... right? Your death would certainly cause (BIG) problems for giga/terraminers if you didn't leave instructions.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 05:24:33 PM
Uhmmm... You do have something in place for if you die... right? Your death would certainly cause (BIG) problems for giga/terraminers if you didn't leave instructions.

Calm down.... breathe......

VPS has employees and has working procedures active being produced to manage every aspect of VPS / Gigamining / Teramining.

Rest assured that things will, for the most part, continue without me.

</end of topic stuff not about awesome five hundred gigahash mining rigs>


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Hiroaki on June 19, 2013, 05:45:34 PM
And still no scammer tag !!!

Shame on you,  you still haven t paid so many people back their money that they invested in your mining fund !!!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: boonies4u on June 19, 2013, 06:02:15 PM
Uhmmm... You do have something in place for if you die... right? Your death would certainly cause (BIG) problems for giga/terraminers if you didn't leave instructions.

Calm down.... breathe......

VPS has employees and has working procedures active being produced to manage every aspect of VPS / Gigamining / Teramining.

Rest assured that things will, for the most part, continue without me.

</end of topic stuff not about awesome five hundred gigahash mining rigs>

And still no scammer tag !!!

Shame on you,  you still haven t paid so many people back their money that they invested in your mining fund !!!

 ::)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: cbbitcoin on June 19, 2013, 06:38:41 PM
I rarely post on any forums, mostly lurk, but as a BFL customer patiently awaiting his small-fry order (compared to this) I just had to log in and post that this is by far the coolest thing I've seen on these forums probably ever. Bravo BFL, and happy hashing to Gigavps.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 19, 2013, 06:46:30 PM
I rarely post on any forums, mostly lurk, but as a BFL customer patiently awaiting his small-fry order (compared to this) I just had to log in and post that this is by far the coolest thing I've seen on these forums probably ever. Bravo BFL, and happy hashing to Gigavps.

I whole heartily agree ;D



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Hazard on June 19, 2013, 07:01:41 PM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.
nice paid advertisement


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: boonies4u on June 19, 2013, 07:10:20 PM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.
nice paid advertisement

Giga did get a lot of chip credits  ;)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bobsmoke on June 19, 2013, 09:59:30 PM
Fellow Bitcoiners,

It has been a long road to get to this point but I am pleased to announce that the first 500Gh/s BFL units have been delivered and are happily hashing away as I type this. This is a huge milestone for BFL and shows their continued efforts to fulfill their promises to customers.

http://kcmo2.gigamining.com/

The picture above shows multiple FPGA minirigs along with 1 ASIC minirig.

The rig will be up and down for the evening while conman works to get cgminer fine tuned with the new firmware.

Best,
James

Awesome! Congrats....


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: gweedo on June 19, 2013, 10:23:32 PM
That is a beautiful site, gratz!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Hippie Tech on June 19, 2013, 10:52:08 PM
How much of the hashrate is BFL ASIC?

Its one obama like promise after another obama like promise. lol

How many of you wish you could have your trade ins back ?!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 20, 2013, 12:03:25 AM
POWER RESULTS

Ok. We plugged the minirig into a 20 amp 120v circuit that is rated for 100% utilization.

The results were that the minirig was using no less than 17 amps and would use up to 20 amps. The breaker does not trip but I am sure we are getting close to the edge.

If you take the high side of these results, aka, all boards pulling full wattage at the same time, the result is that you should plan for 2,400 watts for each 500Gh/s unit.

This works out to 4.5 watts per Gh/s plus overhead for all fans.

Please remember that this is being pulled from 2 PSUs so you could plug a minirig in at home on two seperate 15 amp 120v circuits.

You would just need to figure out how to deal with 2,400 watts of heat.  :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: erk on June 20, 2013, 12:07:15 AM
POWER RESULTS

Ok. We plugged the minirig into a 20 amp 120v circuit that is rated for 100% utilization.

The results were that the minirig was using no less than 17 amps and would use up to 20 amps. The breaker does not trip but I am sure we are getting close to the edge.

If you take the high side of these results, aka, all boards pulling full wattage at the same time, the result is that you should plan for 2,400 watts for each 500Gh/s unit.

This works out to 4.5 watts per Gh/s plus overhead for all fans.

Please remember that this is being pulled from 2 PSUs so you could plug a minirig in at home on two seperate 15 amp 120v circuits.

You would just need to figure out how to deal with 2,400 watts of heat.  :)

If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: murfshake on June 20, 2013, 12:09:22 AM
POWER RESULTS
This works out to 4.5 watts per Gh/s plus overhead for all fans.

Who would have thought were would be at this point so quickly.  Wow.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 20, 2013, 12:09:41 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 12:10:13 AM
POWER RESULTS

Ok. We plugged the minirig into a 20 amp 120v circuit that is rated for 100% utilization.

The results were that the minirig was using no less than 17 amps and would use up to 20 amps. The breaker does not trip but I am sure we are getting close to the edge.

If you take the high side of these results, aka, all boards pulling full wattage at the same time, the result is that you should plan for 2,400 watts for each 500Gh/s unit.

This works out to 4.5 watts per Gh/s plus overhead for all fans.

Please remember that this is being pulled from 2 PSUs so you could plug a minirig in at home on two seperate 15 amp 120v circuits.

You would just need to figure out how to deal with 2,400 watts of heat.  :)
Can the 12 ton HVAC handle two more 500Gh/s units?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 12:12:00 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: veryveryinteresting on June 20, 2013, 12:48:15 AM
POWER RESULTS

Ok. We plugged the minirig into a 20 amp 120v circuit that is rated for 100% utilization.

The results were that the minirig was using no less than 17 amps and would use up to 20 amps. The breaker does not trip but I am sure we are getting close to the edge.

If you take the high side of these results, aka, all boards pulling full wattage at the same time, the result is that you should plan for 2,400 watts for each 500Gh/s unit.

This works out to 4.5 watts per Gh/s plus overhead for all fans.

Please remember that this is being pulled from 2 PSUs so you could plug a minirig in at home on two seperate 15 amp 120v circuits.

You would just need to figure out how to deal with 2,400 watts of heat.  :)
Can the 12 ton HVAC handle two more 500Gh/s units?

I'm guessing since a ton of A/C can effectively get rid of 12,000 BTU and a watt is roughly 3.41 BTU, 2400 watts * 3.41 BTU = 8184 BTUs, and he can get rid of 144,000 BTU a day, his system should be able to handle them.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Luke-Jr on June 20, 2013, 01:12:35 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: smracer on June 20, 2013, 01:42:36 AM
POWER RESULTS

Ok. We plugged the minirig into a 20 amp 120v circuit that is rated for 100% utilization.

The results were that the minirig was using no less than 17 amps and would use up to 20 amps. The breaker does not trip but I am sure we are getting close to the edge.

If you take the high side of these results, aka, all boards pulling full wattage at the same time, the result is that you should plan for 2,400 watts for each 500Gh/s unit.

This works out to 4.5 watts per Gh/s plus overhead for all fans.

Please remember that this is being pulled from 2 PSUs so you could plug a minirig in at home on two seperate 15 amp 120v circuits.

You would just need to figure out how to deal with 2,400 watts of heat.  :)
Can the 12 ton HVAC handle two more 500Gh/s units?


I'm guessing since a ton of A/C can effectively get rid of 12,000 BTU and a watt is roughly 3.41 BTU, 2400 watts * 3.41 BTU = 8184 BTUs, and he can get rid of 144,000 BTU a day, his system should be able to handle them.

I thought Giga had 21 500Gh MR's ordered.  They will most likely be split up amongst his other farms.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 20, 2013, 01:50:44 AM
I'm pretty sure everyone considers it more important to get it delivered and mining...

I thought it being "shipped" was good enough.  :D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 20, 2013, 03:01:06 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
What's to fix?

If you connect each of the 8 separately, then they each can fail separately.
If you join them all via x-link, then the x-link chain is indeed a chain where everything below the failed point in the chain will stop working ... as is quite obviously expected.

If the next step was to create some board to handle the partial x-link failure by not having a 'chain' then if the board fails, you lose everything.

I'd be surprised if they bothered to do much about it.
Simply either use x-link, or connect all 8 via a USB hub directly.
This one of gigavps' (that I was testing cgminer on before he got it :P) is as described, 8 independent USB devices in hubs - I guess much like the original FPGA MiniRig.

Edit: though I'd also add - since you aren't ever going to get one - why do you care? :D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 03:20:51 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 03:33:28 AM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
What's to fix?

If you connect each of the 8 separately, then they each can fail separately.
If you join them all via x-link, then the x-link chain is indeed a chain where everything below the failed point in the chain will stop working ... as is quite obviously expected.

If the next step was to create some board to handle the partial x-link failure by not having a 'chain' then if the board fails, you lose everything.
The person who brought it up came out with different suggestions at the time. I don't recall who it was anymore.

But you summarized at least a part of the problem. A 480Gh/s unit that has a failure can quickly turn into a 50Gh/s unit for several days if the issue isn't addressed using the x-link chained connection. I suppose if all the units are uniformly the same you might be able to extract the bad board (somehow?) and put the entire chain together again minus the bad board. Though I have no clue of what the x-link topology is like or if there is something special in relation to the last board.

Edit: though I'd also add - since you aren't ever going to get one - why do you care? :D
At a 20k price point? No, I don't think so.

At 10k? Yeah that sounds good.

I care about mining because in the next month you should have 400+ GH/s for the kind of profitability I am looking for. I stopped looking for options in the sub 100Gh/s category.

By the end of the year, you will need [possibly] double or triple even that much hashing power.

Also, you talk too much smack, you had to be given free units to quiet you down a bit with all your excess complaining and begging for boards to be sent to you. BFL offered you a plane ride (for free) and gave you free hardware. It wasn't until fairly recently that you couldn't even afford one, remember?

Since then you have been pretty weak at the knees [cow towing] whenever someone mentions BFL.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 20, 2013, 03:39:31 AM
You forgot to read the rest of my post :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 03:41:04 AM
You forgot to read the rest of my post :)
The part where you had the minirig in your possession for a while?

What about it? Can you afford the miners now?  :D ;)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 20, 2013, 03:43:06 AM
You forgot to read the rest of my post :)
The part where you had the minirig in your possession for a while?

What about it? Can you afford the miners now?  :D ;)
What I actually wrote - not your delusions :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitpop on June 20, 2013, 03:48:53 AM
What is x-link? Is there a page with information?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 20, 2013, 04:08:14 AM
Can the 12 ton HVAC handle two more 500Gh/s units?

I have facilities setup to handle over 100 500Gh/s units and more contracts are being signed in the immediate future so there are no problems hosting any number of minirigs.

I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?

xlink is a chained system and is meant to be more reliable than USB do to hubs not being very reliable.

I do not know all of the issues with xlink, that is a topic for another thread besides this one.

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

I have been approached by others who would like a get a quick ROI on their equipment purchases since mining equipment is being priced based off of BTC prices.

I am not selling my equipment, I'm mining with it.  :P


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 20, 2013, 10:58:40 AM
What is x-link? Is there a page with information?
Completely documented in the BFL protocol spec
(but apparently they may have changed it a bit ...)
Somewhere in here:
https://forums.butterflylabs.com/announcements/913-bitforce-sc-communication-protocol-draft-revision-2-a.html


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitpop on June 20, 2013, 11:07:01 AM
Oh so it's their shit, no wonder nothing came up


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: smoothie on June 20, 2013, 12:05:39 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?

Fucking lawlz!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on June 20, 2013, 12:06:47 PM
Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?
Don't forget that it then got upgraded to thrice that hash speed.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: smoothie on June 20, 2013, 12:08:16 PM
Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?
Don't forget that it then got upgraded to thrice that hash speed.


I didnt I just figured I would leave that out so someone like you could +1 my initial response just to show how ridiculous the price is.  ::)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: RoadStress on June 20, 2013, 12:09:44 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?

Funny how you got 2 replies from Luke-Jr paid shill and from kano...BFL's PR is so good!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 12:11:26 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?

Fucking lawlz!
Take notice he is selling a third of a minirig (500Gh/s) for 150k.

The total unit should therefore go for 450k. (15x the original price)

WAY more than it is actually worth (even in BTC production).

-----------------

I think it is getting "kind of obvious" that people are offloading Gen1 ASICs unto "the greater fool".

I haven't even taken the time to really go on about BFL Singles because I want to see how long it takes for people to notice by the time they get their Single...it is pretty much worth [much] less.

The odd thing is...if they sell it...before they actually get it (as a pre-order). They might actually make more than when they get it and use it.

The funny thing is, there are quite a few selling their Singles and doing just that on Ebay and in the Marketplace.

By the time Singles get into the hands of customers, there will be so many on sale, that the resale price will tank. Like a shark...I am waiting for it. :D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 12:11:57 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?

Funny how you got 2 replies from Luke-Jr paid shill and from kano...BFL's PR is so good!
Shit...you noticed.

Shhh....


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: BBQKorv on June 20, 2013, 01:17:02 PM
Selling your BFL devices now could be more profitable than actually mining with them. There is going to be so many Avalon based devices, KNC, BitFury, and others to drive Gen 1 ASICs soon out of profitability window.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: EvilLizardApparel on June 20, 2013, 02:40:03 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?

Fucking lawlz!

So, trying to stay in the realm of a plausible reality..what do you think a 500GH/s unit--in hand--should go for?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: yochdog on June 20, 2013, 02:41:10 PM
I was being completely serious with my 75,000 offer.  I think that is a very fair value given all the variables. 


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Bitcoinorama on June 20, 2013, 02:58:38 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?

Fucking lawlz!

So, trying to stay in the realm of a plausible reality..what do you think a 500GH/s unit--in hand--should go for?

Weren't they mean't to be 3x this at 1.5Th?! What happened?? I thought buyers got 3x these for $30k which would be a $420k profit. It's those silly damn calculators man, people are selling at today's market rate assuming future stability and ignoring incoming exponential hashrate increase. When these guys originally purchased these there was only BFL and few other interested parties...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: EvilLizardApparel on June 20, 2013, 03:20:40 PM
^you have to factor in possible price change also. Value of BTC could go back to $200+ with all the angel investors/start-ups/media attention..Ebay/Paypal looking into integration...etc


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jcpham on June 20, 2013, 04:22:53 PM
I was being completely serious with my 75,000 offer.  I think that is a very fair value given all the variables. 

i remember when the fpga minirig was for sale for $40,000, so these prices seem totally plausible given previous gigavps quotes ;)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Fuzzy on June 20, 2013, 04:51:04 PM
I would like to get a feeling from the community if any of you are interested in purchasing these units.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

I am not selling my equipment, I'm mining with it.  :P

Am I missing something here?  ???


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: EvilLizardApparel on June 20, 2013, 08:35:00 PM
I was being completely serious with my 75,000 offer.  I think that is a very fair value given all the variables. 

I ordered 1.5 TH/s in March of this year. I'm having them sent to a hosting facility in Kansas, one of the BFL affiliate ones. I was looking to sell one of the three units, to pay for a chip buy. Does it seem like something you'd be interested in? I assume they were be produced and shipped by August, but you know BFL...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Bitcoinorama on June 20, 2013, 11:17:07 PM
^you have to factor in possible price change also. Value of BTC could go back to $200+ with all the angel investors/start-ups/media attention..Ebay/Paypal looking into integration...etc

Perhaps, but that's speculation, as is the fact BTC price will lower as miners look to recover ROI in ASICs, as well as those that need to offload coins for USD, as they idiotically risked debt to finance speculation in ASIC hardware...


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 20, 2013, 11:42:05 PM
If you only plug in one of the power supplies, does the device still function but only running up half the boards at 250GH/s?

Just thinking about if a breaker trips.

Since this rig is running with a USB hub inside, yes, that is exactly what will happen.

When they start using xlink, it will depend on if the master board is taken out or not so if one PSU goes down, you could lose the whole rig.
I thought they had already been told about this problem at one of the trade shows?

Why have they not fixed this to date?
I'm pretty sure everyone considers it more important to get it delivered and mining...
Apparently not...
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James

He's apparently already trying to sell orders (as a broker or not) for more than it is worth. What does that tell you?

Wow $150,000 for something that initially was priced at $30,000 and had originally twice the specified hash speed?

Fucking lawlz!

So, trying to stay in the realm of a plausible reality..what do you think a 500GH/s unit--in hand--should go for?

Weren't they mean't to be 3x this at 1.5Th?! What happened?? I thought buyers got 3x these for $30k which would be a $420k profit. It's those silly damn calculators man, people are selling at today's market rate assuming future stability and ignoring incoming exponential hashrate increase. When these guys originally purchased these there was only BFL and few other interested parties...
Indeed, they are.

The only thing I see though is that people that are selling are very hardcore believers in the exponential hash rate increase....otherwise they would not be selling it now.

They seem to get wind that there is going to be a huge problem and are getting out of it as fast as possible.

It is logical, that if it produces that much money, they would be keeping it and running it for themselves. Instead they are taking some poor sucker to the cleaners so they can probably reposition themselves with even better hardware.

-------------------

Lets say GigaVPS brokers the deals, some part of that is going to be his. If a 1.5Th unit goes for 450k, I can only imagine GigaVPS taking a good chunk of that fortune in the sale as brokerage fees.

He will get to upgrade his farm in quite a big way no matter how you look at it. But it will be on the backs of someone who is going to be paying 450k for it. Making oneself rich while making someone else poor by the same amount.

IMO, it all a pretty obvious naked scam. If you do the math, the price of BTC would have to (at the very least double 2 possibly 3 times over the next year and remain sustained for this to be viable.

Can it happen, sure. Is it likely? I wouldn't know. I don't think that much money will enter the exchanges to support that kind of price point. It's possible, but it a VERY long shot.

I used to think the price of BTC would be 1k by summer. Well it isn't. I dunno what to say other than good luck to the goofballs that are willing to sink half a million into that deal. They really are going to need it.

------------------------------

To add: If 95% of the user base abandons BitCoin and moves on to other coins...then BitCoin itself will not sustain itself.

BitCoin is only as good in value and usability as the people who actually use it.

Think about it, what would you do if BitCoins were incredibly hard to mine and obtain?
You would move to another coin wouldn't you?
What happens with your ASIC if you decide to go elsewhere?
You'd sell it. What happens to the price of the hardware if 1,000 other sellers decide to do the same every day? The resale value of the hardware nose dives.

What if you cannot buy another ASIC for another type of cryptocoin due to the current hardwares depreciating value?

You'd have to go back to using CC payments or re-enter yet another companies pre-order scheme to get that particular ASIC developed. Months or a year down the road.

------------------------------

In the meantime, there is a strong possibility that the BitCoin user base migrates away from BTC to use "the next Coin". If the perceived value or usability of BTC goes down the tubes, there is a fair possibility the money will start rushing out of the exchanges for that particular coin to another (or a series of other coins).

Liquidity dries up and then you have a major problem.

There is a possibility that BTC will still remain viable and retain it's value if people move away from buying whole coins to just fractions of a coin. If that does turn out to be case, then even if people cannot mine BTC to the same degree as before, you will still have a useful market rate for a given fraction of a coin.

In which case, buying ASIC's is not the best strategy. Buying BitCoins would be.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 20, 2013, 11:48:31 PM
...
I used to think the price of BTC would be 1k by summer. Well it isn't.
...

...
To add: If 95% of the user base abandons BitCoin and moves on to other coins...then BitCoin itself will not sustain itself.

BitCoin is only as good in value and usability as the people who actually use it.

Think about it, what would you do if BitCoins were incredibly hard to mine and obtain?
...
Wow - did you read what you typed?

Seriously?

You have no idea what bitcoin is do you :P


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 21, 2013, 12:02:17 AM
...
I used to think the price of BTC would be 1k by summer. Well it isn't.
...

...
To add: If 95% of the user base abandons BitCoin and moves on to other coins...then BitCoin itself will not sustain itself.

BitCoin is only as good in value and usability as the people who actually use it.

Think about it, what would you do if BitCoins were incredibly hard to mine and obtain?
...
Wow - did you read what you typed?

Seriously?

You have no idea what bitcoin is do you :P
I am dyslexic.

But other than that, there is nothing wrong with it Kano.

Are you still mad about yesterday?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on June 21, 2013, 12:51:43 AM
...
I used to think the price of BTC would be 1k by summer. Well it isn't.
...

...
To add: If 95% of the user base abandons BitCoin and moves on to other coins...then BitCoin itself will not sustain itself.

BitCoin is only as good in value and usability as the people who actually use it.

Think about it, what would you do if BitCoins were incredibly hard to mine and obtain?
...
Wow - did you read what you typed?

Seriously?

You have no idea what bitcoin is do you :P
I am dyslexic.

But other than that, there is nothing wrong with it Kano.

Are you still mad about yesterday?
What happened yesterday?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: smoothie on June 21, 2013, 05:42:38 AM
Kano and Puerto get a room already and get it over with.  :P :P :P


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jbreher on June 21, 2013, 07:40:47 PM
Lets say GigaVPS brokers the deals, some part of that is going to be his. If a 1.5Th unit goes for 450k, I can only imagine GigaVPS taking a good chunk of that fortune in the sale as brokerage fees.

He will get to upgrade his farm in quite a big way no matter how you look at it. But it will be on the backs of someone who is going to be paying 450k for it. Making oneself rich while making someone else poor by the same amount.

IMO, it all a pretty obvious naked scam.

It may be a poor deal on the buying end. But that does not make it a scam. Actual fraud is a required element for something to be a scam.

Where is the fraud in this deal?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: melmo on June 21, 2013, 08:12:56 PM
Kano and Puerto get a room already and get it over with.  :P :P :P

Maybe an octagon :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: freedomno1 on June 22, 2013, 12:42:08 AM
Kano and Puerto get a room already and get it over with.  :P :P :P

Maybe an octagon :)

♫Mortal Combat music starts playing♫


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 22, 2013, 12:44:22 AM
Lets say GigaVPS brokers the deals, some part of that is going to be his. If a 1.5Th unit goes for 450k, I can only imagine GigaVPS taking a good chunk of that fortune in the sale as brokerage fees.

He will get to upgrade his farm in quite a big way no matter how you look at it. But it will be on the backs of someone who is going to be paying 450k for it. Making oneself rich while making someone else poor by the same amount.

IMO, it all a pretty obvious naked scam.

It may be a poor deal on the buying end. But that does not make it a scam. Actual fraud is a required element for something to be a scam.

Where is the fraud in this deal?

I have to agree. There is no fraud involved in offering to sell a mini-rig for a ludicrous price.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 22, 2013, 01:42:39 AM
It may be a poor deal on the buying end. But that does not make it a scam. Actual fraud is a required element for something to be a scam.

Where is the fraud in this deal?

I have to agree. There is no fraud involved in offering to sell a mini-rig for a ludicrous price.
Then you'd agree that Multi-Level Marketing is completely legitimate for that very same reason.

Right? Everyone wins in an MLM! ;)

It may be a poor deal on the buying end. But that does not make it a scam. Actual fraud is a required element for something to be a scam.

Where is the fraud in this deal?

If you tell your buyer that the odds they may only make the money back in 1/1000th chance. Then there is no scam because you didn't misrepresent anything.

If you tell the buyer, hey you know what? I want you to buy this from me for 450k but I don't really think it will make you any cash up to that amount. Again that is not a scam.

If you tell the buyer, hey you know what? You will totally (for sure) make the 450k back. That is why I am selling it to you....;)

Then you might be misrepresenting an opportunity. Therefore creating unlikely expectations to take their money and run.

In either case, it is just "my opinion".


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 22, 2013, 01:47:15 AM
I will sell my Avalon batch #1 for 800 BTC.

Yes, you heard that right. Why? Well because if a 1.5 TH machine will make oodles of money, then why in the world would you not make back 800BTC?

Its in hand, full escrow...go on, buy it from me at that price.

It's like I am letting you "steal it" from me for that amount.... ::) ;) :D

450k x 3 in profits? = Millionaire? (1,350,000 USD) for 1.5TH

Money, Mo' Money! = 1,500 / 71 = ~1/21 the hashing power

Therefore 1,350,000 / 21 = ~65kUSD

--------------------

Now why are you waiting to get mildly rich? BUY IT NOW!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 22, 2013, 01:56:13 AM
It may be a poor deal on the buying end. But that does not make it a scam. Actual fraud is a required element for something to be a scam.

Where is the fraud in this deal?

I have to agree. There is no fraud involved in offering to sell a mini-rig for a ludicrous price.
Then you'd agree that Multi-Level Marketing is completely legitimate for that very same reason.

Right? Everyone wins in an MLM! ;)

MLMs require that more people enter the system for all to benefit. Most MLMs make money selling to their sales people instead of end users.
If the MLM does not have a minimum purchase amount to become a re-seller, then it is not "scammy".

Here, the mini-rig is a well defined item in terms of capabilities. Simple maths can give you an estimate of it's earning potential.
If you still choose to pay an exorbitant price to be the owner of a mini-rig, that is not a scam. It is merely a bad decision.

A fraud would require the seller to misrepresent the item in some way. Other than price, power draw, and hashing capability, there is little to describe about the product. If the buyer cannot do the math, that really is not the sellers fault.

I am offering an AMD 7950 for 500 BTC. PM me if interested.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 22, 2013, 02:12:35 AM

I am offering an AMD 7950 for 500 BTC. PM me if interested.

Damnit, that too cheap! I must now raise my prices. 15,000 BTC!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitterdog on June 22, 2013, 05:45:06 AM
hey! Is that my Jala sitting there making BFL money? you think you can unplug it and ship it now?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Syke on June 22, 2013, 06:30:14 AM

A fraud would require the seller to misrepresent the item in some way.

Like misrepresenting the delivery date?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: ninjaboon on June 22, 2013, 08:30:10 AM
hey! Is that my Jala sitting there making BFL money? you think you can unplug it and ship it now?

and I thought it could be mine too...lol.
*wakes up*


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitterdog on June 22, 2013, 03:34:58 PM
hey! Is that my Jala sitting there making BFL money? you think you can unplug it and ship it now?

and I thought it could be mine too...lol.
*wakes up*

no no, its defiantly mine!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 07:45:14 PM
sorry if someone has asked

If you buyed       4 Minirig 1500Ghs = 6000Ghs
Why only gets 5?   Minirig   500Ghs = 2500Ghs
I believe that changed one Minirig 1.5 ths for 3 of 500

Source
http://bfl.ptz.ro

Thanks


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 23, 2013, 07:48:10 PM
sorry if someone has asked

If you buyed       4 Minirig 1500Ghs = 6000Ghs
Why only receive 5 Minirig   500Ghs = 2500Ghs

Source
http://bfl.ptz.ro

Thanks

The source is incorrect.

I've ordered 7 1.5Th/s mini rigs and will be receiving 21 500Gh/s mini rigs.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 08:04:10 PM
sorry if someone has asked

If you buyed       4 Minirig 1500Ghs = 6000Ghs
Why only receive 5 Minirig   500Ghs = 2500Ghs

Source
http://bfl.ptz.ro

Thanks

The source is incorrect.

I've ordered 7 1.5Th/s mini rigs and will be receiving 21 500Gh/s mini rigs.

In your photos I only see five. In addition to your website can not see 10 ths
http://kcmo2.gigamining.com/?ref=60

Not questioning your word, I want to get clear water BFL.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 23, 2013, 08:36:48 PM
In your photos I only see five.

Photo of was the first ASIC minirig and a bunch of FPGA minirigs.

In addition to your website can not see 10 ths
http://kcmo2.gigamining.com/?ref=60

Three 500Gh/s units have arrived so far. You can see that on the link.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 08:47:29 PM
In your photos I only see five.

Photo of was the first ASIC minirig and a bunch of FPGA minirigs.

In addition to your website can not see 10 ths
http://kcmo2.gigamining.com/?ref=60

Three 500Gh/s units have arrived so far. You can see that on the link.

I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order.

Maybe their chain assembly are not efficient.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on June 23, 2013, 08:49:54 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 09:04:12 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.

less than 300 Jalapenos(600chips), less than 10 singles(100chips) and 3 minirigs (300chips)
Total 1000 chips

It is likely that the first order was only 1000chips. Now made ​​another batch, this request will take between 8 and 12 weeks



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Sitarow on June 23, 2013, 09:15:36 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.

less than 300 Jalapenos(600chips), less than 10 singles(100chips) and 3 minirigs (300chips)
Total 1000 chips

It is likely that the first order was only 1000chips. Now made ​​another batch, this request will take between 8 and 12 weeks



What makes you think that gigavps is the only one who had received the new Mini Rig devices?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 23, 2013, 09:38:46 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.

less than 300 Jalapenos(600chips), less than 10 singles(100chips) and 3 minirigs (300chips)
Total 1000 chips

It is likely that the first order was only 1000chips. Now made ​​another batch, this request will take between 8 and 12 weeks


What makes you think that gigavps is the only one who had received the new Mini Rig devices?

BFL said they shipped one. Gigavps ordered 7.5TH/s of mini-rigs and got 1.5TH/s so far. Nobody else that I know of has said their mini-rig has arrived.
If you know of a second mini-rig delivery, please link to it.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 09:40:40 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.

less than 300 Jalapenos(600chips), less than 10 singles(100chips) and 3 minirigs (300chips)
Total 1000 chips

It is likely that the first order was only 1000chips. Now made ​​another batch, this request will take between 8 and 12 weeks



What makes you think that gigavps is the only one who had received the new Mini Rig devices?

http://bfl.ptz.ro/

Internet151  undelivered
JWU42         undelivered
Fefox           undelivered
BlackPrapor  undelivered
Dust            undelivered
Jane23         undelivered
Michail1        undelivered
fulepp          undelivered
LivTru           undelivered
avidreader     undelivered
JunkieXL       undelivered
exiii             undelivered
fuxianhui888 undelivered
somenick      undelivered
uck              undelivered
bitarrow        undelivered
bobbythor      undelivered
........
And continue

Perform order to make all devices and offers to buy chips. To increase the order of chips and lower the price.
Time will tell if I'm wrong or not.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Luke-Jr on June 23, 2013, 09:52:48 PM
If you know of a second mini-rig delivery, please link to it.
I know of 2 others, besides myself. Whether their owners care to take on the risk of publicly saying so, is another matter.

Edit: And I know of those 2 not via BFL - in other words, there are probably more I don't know about.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: titomane on June 23, 2013, 10:19:49 PM
If you know of a second mini-rig delivery, please link to it.
I know of 2 others, besides myself. Whether their owners care to take on the risk of publicly saying so, is another matter.

Edit: And I know of those 2 not via BFL - in other words, there are probably more I don't know about.

I still believe that they did not ask all the chips required to deliver all your orders.
I guess for orders needed in 70000-100000 chips. But if you buy 200,000 unit price is lower. the second 100000 pay the entire order.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Sitarow on June 23, 2013, 10:33:16 PM
I do not understand how only sent 3 of 21. I may be wrong, but doesn't have enough chips to send the entire order. Or their chain assembly are not efficient.

Production is still ramping up on all fronts including chip packaging, board assembly and final assembly / testing.

less than 300 Jalapenos(600chips), less than 10 singles(100chips) and 3 minirigs (300chips)
Total 1000 chips

It is likely that the first order was only 1000chips. Now made ​​another batch, this request will take between 8 and 12 weeks


What makes you think that gigavps is the only one who had received the new Mini Rig devices?

BFL said they shipped one. Gigavps ordered 7.5TH/s of mini-rigs and got 1.5TH/s so far. Nobody else that I know of has said their mini-rig has arrived.
If you know of a second mini-rig delivery, please link to it.

https://forums.butterflylabs.com/blogs/bfl_jody/200-wednesday-june-19-2013-shipping-update.html

June 19th BFL_Jody's Post "Yesterday's MiniRig count I confirmed was three 500 gh/s units. So actually one whole MiniRig was shipped, but not all to the same person."



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: costapete on June 29, 2013, 08:45:34 PM
i will be selling one of my 500's.

i can pay for a contract

i can do 50% down  50% on delivery

i can give full disclosure and 100%transparency

i can show you the accounts page via  join.me   to confirm paid order

i can bundle the pre order with an actual in hand batch2  and use john k. for that part.


Im not scamming and can do through my ebay murchant account visa master card or BTC or Bank Wire


5% down to secure deal while the process is in the works.

PM me or skype= princesspresto420

call-  507-298-2606

im not able to run the watts with all three 500's so im willing to sell one.

My order is paid 3/2013



^^^^^^^TROLL BLOCKER 2.0^^^^^^^^


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on June 29, 2013, 09:22:17 PM
Uh, you forgot to mention your price expectations.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 29, 2013, 09:24:28 PM
i will be selling one of my 500's.

i can pay for a contract

i can do 50% down  50% on delivery

i can give full disclosure and 100%transparency

i can show you the accounts page via  join.me   to confirm paid order

i can bundle the pre order with an actual in hand batch2  and use john k. for that part.


Im not scamming and can do through my ebay murchant account visa master card or BTC or Bank Wire


5% down to secure deal while the process is in the works.

PM me or skype= princesspresto420

call-  507-298-2606

im not able to run the watts with all three 500's so im willing to sell one.

My order is paid 3/2013



^^^^^^^TROLL BLOCKER 2.0^^^^^^^^

I presume it is just an order for a mini-rig, or do you have it in hand?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: User705 on June 29, 2013, 09:36:08 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 29, 2013, 10:04:32 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.
You should never judge the return on capital of a piece of mining equipment by the USD exchange rate. You should just use BTC in vs BTC out. Don't buy equipment that is going to give you less BTC than you can get just buying BTC instead of the equipment.
Operating costs of course need to do the conversion to local currency for USD, but those are a very small component at the moment.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: nottm28 on June 29, 2013, 10:09:47 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.
You should never judge the return on capital of a piece of mining equipment by the USD exchange rate. You should just use BTC in vs BTC out. Don't buy equipment that is going to give you less BTC than you can get just buying BTC instead of the equipment.
Operating costs of course need to do the conversion to local currency for USD, but those are a very small component at the moment.

yawn


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Syke on June 30, 2013, 02:44:35 AM
2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.

1 BTC is worth 1 BTC. Paying 2000 BTC to get less than 2000 BTC is a bad deal.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: eve on June 30, 2013, 03:55:09 AM
I was being completely serious with my 75,000 offer.  I think that is a very fair value given all the variables.  

The going rate is now $17 per gh/s, if you have 500GH/S , is only worth less than $8500 or 85 bitcoin more or less.!!

Only 85 BTC


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on June 30, 2013, 04:52:59 AM
2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.

1 BTC is worth 1 BTC. Paying 2000 BTC to get less than 2000 BTC is a bad deal.

It is amazing that we have to explain to people that having 2000 BTC is better than having less than 2000 BTC. But there are some seriously math challenged folks here.  ;D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: sniffinpoprocks on June 30, 2013, 08:40:20 AM
Anyone NOT related to BFL recieved one of these yet?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: User705 on July 01, 2013, 04:30:57 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.
You should never judge the return on capital of a piece of mining equipment by the USD exchange rate. You should just use BTC in vs BTC out. Don't buy equipment that is going to give you less BTC than you can get just buying BTC instead of the equipment.
Operating costs of course need to do the conversion to local currency for USD, but those are a very small component at the moment.
I love the armchair general / Monday morning quarterback.  Obviously it's a bad deal now but you knew a year ago what the difficulty would be a year later.  Please feel free to enlighten us what the exact difficulty will be a year from now.  Not taking into account the exchange rate in a deflationary currency misses 1/2 the equation in this whole thing.  Buying mining gear is the closest thing to buying a btc bond with no counterparty risk.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on July 01, 2013, 05:13:28 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.
You should never judge the return on capital of a piece of mining equipment by the USD exchange rate. You should just use BTC in vs BTC out. Don't buy equipment that is going to give you less BTC than you can get just buying BTC instead of the equipment.
Operating costs of course need to do the conversion to local currency for USD, but those are a very small component at the moment.
I love the armchair general / Monday morning quarterback.  Obviously it's a bad deal now but you knew a year ago what the difficulty would be a year later.  Please feel free to enlighten us what the exact difficulty will be a year from now.  Not taking into account the exchange rate in a deflationary currency misses 1/2 the equation in this whole thing.  Buying mining gear is the closest thing to buying a btc bond with no counterparty risk.

Each BTC you own gets the exact same benefit from the exchange rate as the BTC you produce with mining equipment. So as far as choosing whether or not to mine BTC or just take the money you would have spent on the electricity and purchase BTC is an easy question to answer. No Monday morning quarterbacking is required. People who are mining with CPUs (and soon GPUs) are better off taking the money paid for electricity spent mining and just purchase BTC off the exchanges. They would spend less for the same amount of BTC.

If you know roughly how many orders are in front of you, you can assume that before you get your equipment, some amount of hash power will have already been delivered and added to the network hash rate. For BFL, one might assume that they have at least 300GH/s of backlog in orders. So an order placed today with BFL will not be delivered until 300GH/s has been added to the hash rate. This dictates that a profit calculation for equipment ordered today should start at roughly 60 million difficulty and decay from there, instead of starting at 21 million (today's rate).

Nobody is trying to predict the future. What is going on are projections with certain assumptions. The discussion is about what assumptions are valid, and under what assumptions is the BFL equipment going to earn it's capital costs back.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: User705 on July 01, 2013, 06:00:56 PM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal.  Please don't start with but 2000btc is worth so much more now.  Everyone can hold as much or as little btc for long term speculation as they like.  Having said that no preorder should take a year to ship that's just silly.
You should never judge the return on capital of a piece of mining equipment by the USD exchange rate. You should just use BTC in vs BTC out. Don't buy equipment that is going to give you less BTC than you can get just buying BTC instead of the equipment.
Operating costs of course need to do the conversion to local currency for USD, but those are a very small component at the moment.
I love the armchair general / Monday morning quarterback.  Obviously it's a bad deal now but you knew a year ago what the difficulty would be a year later.  Please feel free to enlighten us what the exact difficulty will be a year from now.  Not taking into account the exchange rate in a deflationary currency misses 1/2 the equation in this whole thing.  Buying mining gear is the closest thing to buying a btc bond with no counterparty risk.

Each BTC you own gets the exact same benefit from the exchange rate as the BTC you produce with mining equipment. So as far as choosing whether or not to mine BTC or just take the money you would have spent on the electricity and purchase BTC is an easy question to answer. No Monday morning quarterbacking is required. People who are mining with CPUs (and soon GPUs) are better off taking the money paid for electricity spent mining and just purchase BTC off the exchanges. They would spend less for the same amount of BTC.

If you know roughly how many orders are in front of you, you can assume that before you get your equipment, some amount of hash power will have already been delivered and added to the network hash rate. For BFL, one might assume that they have at least 300GH/s of backlog in orders. So an order placed today with BFL will not be delivered until 300GH/s has been added to the hash rate. This dictates that a profit calculation for equipment ordered today should start at roughly 60 million difficulty and decay from there, instead of starting at 21 million (today's rate).

Nobody is trying to predict the future. What is going on are projections with certain assumptions. The discussion is about what assumptions are valid, and under what assumptions is the BFL equipment going to earn it's capital costs back.


We aren't talking about electricity costs but capital outlays.  All of this projection or whatever you want to call it is future prediction.  We don't know what the rate of decay will be when approaching the lower limits of fiat costs of chips or a sudden large drop in exchange rates.  You also forgot to bold the word "NOW" after "Obviously it's a bad deal" in my previous quote.  Everything is different with benefit of hindsight and that was my point in response to someone trying to compare deals form a year ago (BFL) vs 9 months ago (Avalon).


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: k9quaint on July 01, 2013, 06:17:30 PM
We aren't talking about electricity costs but capital outlays.  
But you make the decision in the same way. First determine if one can get more Bitcoin by purchasing it off the exchanges than by purchasing mining equipment and mining with it. Would you buy a GPU to mine bitcoin with free electricity today? If not, how did you come to that conclusion?

All of this projection or whatever you want to call it is future prediction.  
A projection is determining the outcome based on a fixed set of criteria. A prediction is determining the outcome for all criteria.
Projections are useful because you can determine the set of input values required in order for something to be profitable.
For instance,the following statement is a projection: "If you get your product at 80M difficulty and difficulty adjusts up at an average rate of 9% over the next 8 months, you will not earn a return on your capital investment."
The following statement is a prediction: "You will not earn a return on your investment".

We don't know what the rate of decay will be when approaching the lower limits of fiat costs of chips or a sudden large drop in exchange rates.  
One can project the outcome of various rates of decay quite easily using calculators. One might project that a venture would be profitable at a 4% rate of decay but unprofitable at a higher rate over a 6 month period. This is useful information.  Of course BFL might go bankrupt tomorrow, KNC turns out to be a scam, Bitfury founders are killed and eaten by Edward Snowden (he is in Russia right now hunting them!), and ASICMiner's facility burns to the ground. Then anyone who already has an ASIC miner will mint money. But those are low probability events.
If you have to rely on a rise in exchange rates to bail you out, your mining is not profitable.

You also forgot to bold the word "NOW" after "Obviously it's a bad deal" in my previous quote.  Everything is different with benefit of hindsight and that was my point in response to someone trying to compare deals form a year ago (BFL) vs 9 months ago (Avalon).
I am not talking about months ago (However, a lot of people did post 9 months ago that BFL would not deliver what they promised when they promised it.)
I am talking about right now. I didn't need to bold the "now" because the statement "Obviously it's a bad deal" is in the present tense. People ordering equipment from BFL now must rely on low probability events in order to be profitable. Worse, they did their math wrong in their profit projections and believe that they do not need to rely on low probability events.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: WhitePhantom on July 09, 2013, 08:33:14 PM
giga, have you received eight 500GH units so far?  Do they all actually run ~480GH?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: RoadStress on July 09, 2013, 10:42:40 PM
giga, have you received eight 500GH units so far?  Do they all actually run ~480GH?

Yes he did and yes 480 GH!


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on July 09, 2013, 10:56:24 PM
giga, have you received eight 500GH units so far?  Do they all actually run ~480GH?

Yes. Some run ~475Gh/s others at ~480Gh/s.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Qbert on July 10, 2013, 03:28:29 PM
giga, have you received eight 500GH units so far?  Do they all actually run ~480GH?

Yes. Some run ~475Gh/s others at ~480Gh/s.

Is BFL providing additional hardware to make up the difference?  3x480 = 1.44 TH


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Aseras on July 10, 2013, 03:30:33 PM
giga, have you received eight 500GH units so far?  Do they all actually run ~480GH?

Yes. Some run ~475Gh/s others at ~480Gh/s.

Super jealous..


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on July 10, 2013, 05:22:42 PM
Is BFL providing additional hardware to make up the difference?  3x480 = 1.44 TH

BFL's offer is +-10% of 500Gh/s.

That being said, new minirigs will be using all grade A chips (all 16 cores work on each chip) so each board should be doing 62-64Gh/s which adds up to over 500Gh/s.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Nemesis on July 10, 2013, 05:37:18 PM
Is BFL providing additional hardware to make up the difference?  3x480 = 1.44 TH

BFL's offer is +-10% of 500Gh/s.

That being said, new minirigs will be using all grade A chips (all 16 cores work on each chip) so each board should be doing 62-64Gh/s which adds up to over 500Gh/s.

Any word on the X-link issue? There is a rumor they're making new revision board. Is it inline with using all grade A chips?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on July 10, 2013, 06:42:12 PM
Any word on the X-link issue? There is a rumor they're making new revision board. Is it inline with using all grade A chips?

No clue.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: -ck on July 10, 2013, 08:12:38 PM
Is BFL providing additional hardware to make up the difference?  3x480 = 1.44 TH

BFL's offer is +-10% of 500Gh/s.

That being said, new minirigs will be using all grade A chips (all 16 cores work on each chip) so each board should be doing 62-64Gh/s which adds up to over 500Gh/s.
Actually I'm pretty sure a flash of the boards in each MR will easily bring them to >500. However, overcoming heat would be a real big problem afaics.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on July 10, 2013, 09:46:00 PM
Any word on the X-link issue? There is a rumor they're making new revision board. Is it inline with using all grade A chips?

No clue.
We've (ckolivas or I) not received anything since the Jalapeno we got to make cgminer work on the first version of the SC
(that's how we got cgminer working on the SCs, the day we got the Jalapenos)
All remote access we had for a day or 2 to BFL and gigavps has been Singles
(no singles have arrived either even though we were told a month ago they were sending them that day)

As many know, flashing firmware is easy enough and we've both already done it to our Jalapenos
http://www.kano-kun.net/?p=70 (and yes there I've said changing anything but the Jala would be a risk)
So I guess x-link isn't working and board revisions are required ... or they don't want cgminer to support it.

gigavps should, however, know the status of this ... or x-link is in an even worse situation than expected.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: kano on July 13, 2013, 12:06:03 PM
Any word on the X-link issue? There is a rumor they're making new revision board. Is it inline with using all grade A chips?

No clue.
We've (ckolivas or I) not received anything since the Jalapeno we got to make cgminer work on the first version of the SC
(that's how we got cgminer working on the SCs, the day we got the Jalapenos)
All remote access we had for a day or 2 to BFL and gigavps has been Singles
(no singles have arrived either even though we were told a month ago they were sending them that day)

As many know, flashing firmware is easy enough and we've both already done it to our Jalapenos
http://www.kano-kun.net/?p=70 (and yes there I've said changing anything but the Jala would be a risk)
So I guess x-link isn't working and board revisions are required ... or they don't want cgminer to support it.

gigavps should, however, know the status of this ... or x-link is in an even worse situation than expected.
Got dev singles shipped today (on their way but not arrived yet) so I guess that means x-link is only waiting on firmware and the hardware is OK.
I'll get cgminer working on x-link as soon as the firmware is ready (I've written the cgminer code, but it's untested thus no idea about if it works or not)
Just will need to flash and go with it :)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Minor Miner on July 19, 2013, 03:16:26 PM
how would you plug in a complete minirig (3 of these 2 plug units) in a normal house?  How long are the two cords coming out of the units?
If each of the plugs need to be in a separate 15AMP plug, I don't think the two cords will stretch far enough.  You need to re-wire a bit then correct?


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Cablez on July 19, 2013, 03:52:02 PM
how would you plug in a complete minirig (3 of these 2 plug units) in a normal house?  How long are the two cords coming out of the units?
If each of the plugs need to be in a separate 15AMP plug, I don't think the two cords will stretch far enough.  You need to re-wire a bit then correct?

If you are only using existing 15A wiring then you will have to find 6 separate circuits to run 3 minirigs.  The cords are most likely 6ft each considering they are from a standard PSU.

If you are going to run these at your home you will most definitely need to run some new power lines. 30A or better.

EDIT: Better yet just do a 240V line (less current overall).


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Minor Miner on July 19, 2013, 08:22:20 PM
how would you plug in a complete minirig (3 of these 2 plug units) in a normal house?  How long are the two cords coming out of the units?
If each of the plugs need to be in a separate 15AMP plug, I don't think the two cords will stretch far enough.  You need to re-wire a bit then correct?
If you are only using existing 15A wiring then you will have to find 6 separate circuits to run 3 minirigs.  The cords are most likely 6ft each considering they are from a standard PSU.
If you are going to run these at your home you will most definitely need to run some new power lines. 30A or better.
EDIT: Better yet just do a 240V line (less current overall).
Yes, you see my point.   In a typical house, you do not usually have two separate circuits within 6 feet of each other and the rooms you do, your wife will kill you when you put it there.   I am thinking of the scenario where you want to mine in a big way.   18 avalons are deafening, 3 of these are better but still complex.   Either way you are cutting some drywall and buying some flowers or a much more comfortable couch to sleep on.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Chefnet on July 19, 2013, 08:23:31 PM
give it to me 3x63A 240V :-)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: PuertoLibre on July 19, 2013, 10:31:01 PM
how would you plug in a complete minirig (3 of these 2 plug units) in a normal house?  How long are the two cords coming out of the units?
If each of the plugs need to be in a separate 15AMP plug, I don't think the two cords will stretch far enough.  You need to re-wire a bit then correct?
If you are only using existing 15A wiring then you will have to find 6 separate circuits to run 3 minirigs.  The cords are most likely 6ft each considering they are from a standard PSU.
If you are going to run these at your home you will most definitely need to run some new power lines. 30A or better.
EDIT: Better yet just do a 240V line (less current overall).
Yes, you see my point.   In a typical house, you do not usually have two separate circuits within 6 feet of each other and the rooms you do, your wife will kill you when you put it there.   I am thinking of the scenario where you want to mine in a big way.   18 avalons are deafening, 3 of these are better but still complex.   Either way you are cutting some drywall and buying some flowers or a much more comfortable couch to sleep on.
Odd, do you have DB ratings on a Minirig to make sure of your claim?

I just finished the 1st half of upgrading my Avalon and it runs quietly at 325Mhz at 45C. It can probably go higher on air cooling but I haven't had much time to mess around with the settings.

If the same fans used from the 1st generation of the Minirig are also used for the ASIC version, then....I don't think you can even come close to calling your story a legitimate claim.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: mackminer on December 06, 2013, 01:29:21 PM
Is there a tech sheet for these units anywhere? I am already running 4kW/h from four circuits @ 13 amps each @ 220v. Also, is there any competitors with such units to compare?

Thanks.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Inaba on December 06, 2013, 03:19:59 PM
What do you want to know about them?  They draw ~2100 - 2200w between two PSUs, so around 1100w per PSU/circuit.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: mackminer on December 06, 2013, 03:27:39 PM
What do you want to know about them?  They draw ~2100 - 2200w between two PSUs, so around 1100w per PSU/circuit.


Thanks for the information about the power. Who are the main competitors or the main companies for ASIC's atm apart from KnCminers.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Inaba on December 06, 2013, 03:42:54 PM
BFL, KnC and Bitfury are pretty much it.  BFL is the only one shipping miners from stock in any quantity.  You can pre-order from KnC (no stock) and I don't think Bitfury is doing quantity at the moment if they have any in stock at all.



Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: LittleD on December 07, 2013, 12:06:52 AM
BFL, KnC and Bitfury are pretty much it.  BFL is the only one shipping miners from stock in any quantity.  You can pre-order from KnC (no stock) and I don't think Bitfury is doing quantity at the moment if they have any in stock at all.



awww, you forgot to let everone know how long it takes for BFL to deliver ??? Please tell us how long ??? 2weeks, 3months, 6months or 1year ??? please do tell ?) or are you just just NOT NOT GOING going to say anything. Aslo whats theeeee update on the Monarch? any new delivery dates ??? how much longer do your customers have to wait ??? 2weeks, 3months, 6months or 1year ???  ::) please do tell:)


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: bitpop on December 07, 2013, 12:38:27 AM
I expect my monarch in 2016 Fuck bfl


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: frankenmint on December 09, 2013, 11:11:03 AM
22k for 500 gh/s drawing 2200 watts

my bitfury full kit pulls between 430-460 GH and only uses 700W PSU and only cost me 8k


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Morblias on December 09, 2013, 03:40:39 PM
22k for 500 gh/s drawing 2200 watts

my bitfury full kit pulls between 430-460 GH and only uses 700W PSU and only cost me 8k

Pretty sure a 22k 500gh/s unit shipped in June was better then a 8k 430-460gh/s unit shipped in September. I didn't do the math, but I'm guessing that BFL came out ahead assuming you got it in June-July when difficulty was still very low. Sure it doesn't make sense to order it now, but that is the reason BFL came out with Monarchs. Plus BitFury 25gh/s h-boards are now $999 instead of $500, so a full kit price doubled to 16k  :-\

Edit: oops! as others pointed out, it was $30k for 1.5TH/s back then. It's Monday... I'm not really thinking straight right now.  ;D


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Inaba on December 09, 2013, 04:45:37 PM
It's also a kit, not a complete turn-key system.  BFL is about making mining easy and aesthetically pleasing for everyone, not just for tech nerds like us.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: miter_myles on December 09, 2013, 04:52:07 PM
http://assets.diylol.com/hfs/299/20b/fbb/resized/how-neat-is-that-neature-walk-meme-generator-how-neat-is-that-that-s-pretty-neat-8e4a9f.png?1331602949.jpg


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: minternj on December 09, 2013, 04:53:34 PM
22k for 500 gh/s drawing 2200 watts

my bitfury full kit pulls between 430-460 GH and only uses 700W PSU and only cost me 8k

Pretty sure a 22k 500gh/s unit shipped in June was better then a 8k 430-460gh/s unit shipped in September. I didn't do the math, but I'm guessing that BFL came out ahead assuming you got it in June-July when difficulty was still very low. Sure it doesn't make sense to order it now, but that is the reason BFL came out with Monarchs. Plus BitFury 25gh/s h-boards are now $999 instead of $500, so a full kit price doubled to 16k  :-\

Pretty sure if you ordered the minirig at 22k, meaning you ordered after april 2013, you didn't get them until November. No one paid 22k for a june delivered minirig.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: jamesg on December 09, 2013, 05:10:57 PM
No one paid 22k for a june delivered minirig.

Exactly. The price of 3 500Gh/s units was $30k, $10k each.

That is what I paid.


Title: Re: [ANN] First 500Gh/s BFL unit up and running!
Post by: Paladin69 on December 09, 2013, 09:32:59 PM
BFL is about fleecing people concerned with aesthetically pleasing miners who don't know any better as we protect the network for ourselves.

FTFY