Hello Burnside, Great exchange in general! The ability to issue own options is unique, too  Something I noted about options on BTC-TC PUT #95 169 days, 10 hrs, 53 mins Strike=0.10000000 Premium=0.63000000 This is actually impossible because you can only lose by buying this option. Possible the option writer messed up *Strike* with *Premium*. It shouldn't pass the consistency check. This is surely by design. People write sneaky option contracts designed to prey upon the unwary on every exchange in which options are traded. Please be careful. |
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Ugh. Looks like I lost half a day's hashes.  |
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I feel that first batch chips (June) going to generate the worst performed rigs and they might revise the design on later batch of chips to get better power/thermal performance Sweet, so ten+ months of waiting and early BFL ASIC investors get partially functional pre-production prototypes. Nice. |
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That's surprising.  |
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and now whole site is down. uh oh. Are we being ddosd? Shares are still contributing. Still seems to be accepting shares fine. Also am I allowed to have 2 computers mining on the same "username.1" account?? Yep. |
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Also, they're still MUCH more efficient than the Avalon units, even at the highest wattage they saw! I'd like to see your maths on that. All I've seen so far is a 30Gh mini single SC prototype doing 24Gh/s, drawing 179w, and spitting out a huge number of hardware errors. Doesn't sound like much of an advantage at all. Avalon has said they've doubled their production capacity and CNY is over. I suspect that batch 2 Avalon customers that ordered on 2/2/2013 will begin receiving products before BFL customers that ordered in June of 2012 which will further erode returns for BFL investors. The whole thing is tragic. Avalon draws 620w at the wall for 68GH/s = 9.1w/GHash Bfl draws 179w at the wall for 24GH/s = 7.5w/Ghash That's a significant advantage, and that's still the worst possible case for BFL. They had miners that did much better, at 1.76, 2.5, 4, and 6 w/ghash. I guess we have different definitions for the word significant. Wonder why they'd choose to show a demo of one that consumes 7.5w/Gh if they had much better samples. Surely they knew that whatever they released would be thoroughly scrutinized. If BFL really does end up shipping a product that misses it's power estimates by 650%, I hope they're bankrupted by cancelled orders. I myself have been verbally assaulted on more than one occasion by BFL's troll in chief for suggesting that their 1w/Gh power estimate across their entire product line was unrealistic. I can't even count the number of people that I've seen spewing BFLs power estimate as though it were gospel. This was *THE* selling point after their shipping dates were missed again and again. |
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Also, they're still MUCH more efficient than the Avalon units, even at the highest wattage they saw! I'd like to see your maths on that. All I've seen so far is a 30Gh mini single SC prototype doing 24Gh/s, drawing 179w, and spitting out a huge number of hardware errors. Doesn't sound like much of an advantage at all. Avalon has said they've doubled their production capacity and CNY is over. I suspect that batch 2 Avalon customers that ordered on 2/2/2013 will begin receiving products before BFL customers that ordered in June of 2012 which will further erode returns for BFL investors. The whole thing is tragic. |
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Dear Butterfly Labs, 10 month ago you started to take our pre order money. Since 10 month we are waiting for the ASICs that you still advertise all over the Internet:  Will we ever see such a product? 60 GH/s on one single PCB, with this tiny heatsink that you have in your Ad. I would like to offer my help and give you a quarter so that you can go and purchase a clue.Here is my first clue. And it's for free: Clue #1 ( hint: this is what you do before you go into mass production and produce tons of PCBs, boxes with fans and heatsinks that you can throw away afterwards). Sincerely, Frizz I think it's time for BFL to update their advertising.  LOL You guys!!!  It's somewhat surprising that this band of crooks haven't been shut down by human authority figures yet. |
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Should rename the bitcoin to blingcoin
?  lol at those who panic sold at 110-120 when MtGox came back  I panic bought some silver rounds.  |
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btw, what is the lead time on extra wafers when your yield estimate goes to hell?
A while. Just a couple adjustments. "they" are NOT "kind of fucked" (as you put it) if they need to double up on the chips. They have the money. The people who pre-ordered are kind of effed though. "A While". Let's not quibble on exact number of weeks but why not put it in terms every person with a pre-order can understand (maybe). It will be about 1,200 avalons hashing by the time enough new chips come in for them to fulfill whatever they had intended to fill with their first order........[/quote] Not to worry, I'm sure Josh will still get his order before all those Avalons devalue all the other BFL victim's investors' orders. |
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Eh, yeah, LTC's only been high for a few days now.  I have a hard time valuing it directly in BTC terms anyway. It's more of a fiat conversion for me. I'll drop it to 150 LTC. Cheers. Sweet! Shall I expect a 350LTC refund then? J/K. Unless... |
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Dividends on ASICMiner have been down the last few weeks because they've repaid their initial IPO and because they're re-investing in hardware, I suspect you knew all this. It sounds like it should be back to normal the week after next. I project APY to be a respectable 38% nominally @ the current btct.co ask price(.7554).
I don't believe it's suitable for inclusion in your fund as it's not a pure mining play, but from a yield stand point it remains attractive IMO.
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It only seems high now because LTC has gained so much value relative to fiat and BTC. Cryptostocks charges 750, or they did when I created a security there.
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I believe both pass throughs have waved their fees. At least for the time being.
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(btw, Atlas, you still owe me 3 Bitcoins or something)
By now that'd be enough to pay for Banya's Armani suit. LOL Hey, you were supposed to buy me lunch! A real lunch, not a soup and sandwich! |
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MTGOX is single handedly killing bitcoin prices with their absolutely terrible system
Hey don't blame Gox! Blame Kmart, as it's plainly where they got their servers. |
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Correct. Though sometimes there are private auctions on the forums. I recommend using the PTs as the liquidity is much higher.
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I don't think a Draw is out of line. If you carefully read the terms of the bet, it's in BFL's favor except for the time requirement (before April 1). I think the post was made before April 1 on the US West Coast, and after April 1 East Coast time. They should really clarify that all times refer to GMT unless otherwise specified.
How was the post credible - the pictures were taking by Josh (and employee) and sent to Luke (an eployee) - hell for all we know it might be a FPGA rig or what not. How does it imply shipping? It doesn't...it implies scamming. The only thing BFL is good for. Off the charts fail from BFL & BOB. |
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Nice! Love the site, great work!
Now if PMs would just stop dropping...
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