<Ding> Thanks for playing!

Yes, I did know the risks, as I had read all the troll posts about how bad BFL was going all the way to through the FPGA days, so I knew quite well that it was unreasonable to expect anything within 2 months, especially as they had only just started shipping in minute quantities and appeared to be going through a rework.  I well knew that with the price spike in Mar/Apr that I was MONTHS behind the curve, but it was more palatable to purchase something that would mine 15x as much as that tinker toy did for roughly the same price.  The funny thing to me in all of this is that you all said BFL was a scam and that my money was GONE, etc, etc, etc.  Here it is, 6-7 months later, all those units you said would never ship have shipped and if you order now you can get it from in stock at TD!  Hellova scam to actually ship things to people who ordered.

Why are they trolls?  Why are you a troll?  Seems the questions have the same answer...

Don't have a cat, you should already know I own a Z-28 as I offered to sell it to you months ago and I'll just recycle those pictures of your sister I found on the net last week.

<edit> Realized I didn't answer your question... I'm not ridiculing it, it's just that you and others harp constantly on buying and holding... buying and holding... Zzzzzzz.. Wha?

Buying something and waiting is a snoozefest, and if that is all you have to advocate on this forum then all you are is pathetic.  Spending hard earned cash to purchase Bitcoin means that it then has intrinsic value and becomes harder to work with.  I mined all my original Bitcoins and therefore I truly have virtually nothing invested in them, so I play with them and end up making more of them.  I have freedom now that I wouldn't have if I had spent money to buy them.  Personally I think my purchase was one of the best things I ever did, cause it led me here and led me to alt coins and led me to exchanges and led me to the investments I made and led me to where I am today.  I am richer because of BFL and these forums, but I have not received a dime for anything I have posted on here. 

Aww, you just like what I have to say and you know it.

Maybe I misread your intent, but it sure sounded like you were inferring only BFL had to use someone else to manufacture their chips while the others did it onsite.  I do tend to zone out when reading your posts, because you do tend to has a lot of useless drivel in them, so I blame you for the misunderstanding.

I see you have to resort to name calling and insults as well.  While you view it as bragging, the information I put out when I first started posting here was in truth troolbait.  You and many others jumped all over it, as I expect you to, because you cannot take simple truth as simple truth, you have to belittle it and put labels on it and basically try to shame it out of existence.  Sadly for you, I do not depend on your opinion to know who I am, so your insults are just water off my back as you are just another anonymous troll frothing at the bit because you feel superior to those you consider noobs.

The point you and others fail to see is that it doesn't matter that it's BFL who is getting sued, I would have said the same thing if someone sued Avalon or Hashfast or any other late shipper and made wild and inaccurate claims about what they could have expected.  I deal in cold hard facts, as this guy is using supposition and basically outright lies to obfuscate the truth and make it seem he was wronged to an extent that is not possible.  If he's lying about that, how much of the rest of his story is not also a lie?  You and the rest don't stop to consider that aspect of this, if he's willing to lie about his 'losses' then why would he NOT be willing to lie about the rest?

You bring up 'when I first got here', so let's step back a moment.  Numerous people on this forum told me that I had gotten scammed when I let it be known I had purchased a Jalapeno.  Many of you pointed at ASICMiner and said THAT was the route I should have taken.  So, where would I be today IF I had gone 'the other route'?

I ordered from BFL on June 6th, so let's say I ordered from ASICMiner instead.  2BTC or ~$250 to purchase .333MH VS the $274 to purchase 5GH.  Let's say I received my AM USB in 1 week from purchase and mined continuously until today.  I would have earned .56752BTC if I had gone with AM.  In reality, I had my BFL Jalapeno in hand on Nov 29 and when I plugged it in, it was running right around 10GH.  I'm sure you rabid type will insist that that was some sort of payment for my defense of the company on these forums, but I doubt it, as I would think they'd have shipped it to me early if that were the case.  Anyway, I *have* mined .28504 BTC with my little 10GH, so in this instance the trolls were actually right, I would have been better off if I had bought the USB, but it sure would not have felt right.  I gambled and lost, I knew the risks, as I'm sure Mr. Meissner did as well, and I backed the wrong horse.  Lastly, there's the other trolls that will jump in and accurately point out that I could have just bought BTC and held onto it in a cold wallet and been better off now<shrug> no pain, no gain.

Obviously my inability to grasp simple logic is the reason behind why I now have well in excess of 100 BTC when I have mined so little over the months.  While playing with you trolls verbally in this forum, I also played with financial trolls in the exchanges and beat them at their own game.  The information I used to amass my coins is available to everyone out there, but I was able to get over a 2,000% return while others lost their shirt.  Now I'm sure you're going to try and pull the "Oh, don't you feel bad...".  Nope, we're all adults here and we all know the risks.  I've made my bonehead trades same as others, but I've made far more intelligent ones.  I'm not one of the lucky ones to have heard about BTC in it's infancy and be sitting on millions of dollars, but I did turn $300 worth of BTC into over $100K, so I can see why you'd think I fail to see simple logic.

Now, before you go on yet another rant about bragging, stop.  This is information, pure and simple. and it is true.  It is also troll-bait, as I know you guys can't help yourselves and I love seeing how posting simple truths makes your eyes pop out and your mouths froth while you try and belittle once again that which you do not understand.  So, now that you know the truth, go ahead, jump in, I need a good laugh now and then.

Using your criteria, neither did any other Bitcoin ASIC manufacturer... so what was your point?

Nice to see you still have those rose-colored glasses firmly in place.

Any 350+ watt computer PSU with PCIe connectors will be able to power a 6-GH single.  As you noted, the shorting plug/wire will be necessary for the PSU to turn on.  Your best bet is to buy one at your local computer store if they stock them.

Edit: Make sure there are at least 2 of the 6-pin PCIe connectors on the PSU you purchase, the amps pulled by the miner could overload a single connection.

Even if he got the correct amount of mined coins wrong  That's the basis for his whole arguement dude, he's claiming HE could have mined $5,000,000 worth of BTC.  Since what one of you could have done all of you could have done (ala Unacceptable), every mini-rig owner should also be suing for $5,000,000.  Can you even fathom the fact that 200+ mini-rigs put onto the network back in June would have caused an increase in the network speed of 300TH?  That would have tripled the hash rate and cut the mining income per person across the board by 66%.  Even Bickfailski cannot argue that this would not have happened as this is elementary math.  You are like the other trolls around here, since you are unable to come up with a cogent rationale for your arguements, you resort to name calling and foul language.  Any neanderthal can toss out insults and swear like a sailor, why don't you come up with a reasoned and intelligent response instead of rolling in the gutter filth that you seem to live in?

@Bickfailski:  You still amaze me.  The course of action you propose would only do 1 thing: enrich the lawyers.

All of the other laughs in this farcical document aside, this one makes me ROFL the most:


Using http://bfl.ptx.ro is can be seen that there are ~185 "known" (known is a loosely used term as this site has no guarantee of accuracy) minirig orders and of these 120 are listed as having been made prior to Mr. Meissner's order.

120 * 5,000 = 600,000 BTC while 120 * 7,500 = 900,000 BTC.  According to http://cryptometer.org/bitcoin_72_month_charts.html, by July 1st 2013, ~11,079,800 BTC had been minted and as of now ~12,347,125 BTC has been minted.  This indicates that ~1,267,325 BTC has been mined between July and today.  According to Mr Meissner;s estimates of his 'losses' he and the 120 other mini-rig purchasers would have mined 50-75% of all of the BTC mined from July until today.  I think we can safely raise the BS flag on this claim.  After all, it's quite likely that more than double this listed 120 mini-rigs were purchased prior to Mr Meissner's which, by his farcical estimate, would indicate that they would have mined more BTC than actually WAS mined in the last 7 months, leaving nothing for the remainder of you to have mined at all.

This lawsuit is so full of BS that it's take a bunch of BTCtalk trolls as jury members to actually force a win for him.

It's still a bogus lawsuit, there's no way he could ever hope to obtain $5mil in damages when the ONLY way he could have mined that much is if he were the ONLY person with a minirig starting all the way back on May 1st and mined constantly to date without ever spending a single bitcoin in the process.  Since the 1st mini-rig didn't ship until somewhere around June 24th, this is already an impossibility and his claims are therefore unrealistic.  While we will never know exactly how much BFL had in sales prior to his order, there would have been a huge impact on the network to the point where he likely would not even made 1/10 of what he is claiming as his 'damages' if BFL had shipped everything prior to him in order to get him his units by the date he claims he should have gotten it.  While you call ME a troll, you in true fact are the troll because you are still blinded by the belief that everything would have been so simple and you would have made millions when you actually probably made more from your GPUs than you ever could have had BFL shipped on time.  Anyone with a modicum of intelligence could sit down and figure out the effect of 10's of thousands of people's order on the BTC network and see that your pipedreams are just that... dreams.

Months ago I posted what would have happened to the network if BFL had started shipping ONLY a single mini-rig a day starting Oct 1st and the outcome wasn't pretty.  The reality would have been much worse.  The interesting thing is that the last few months are an indication of what would have happened 15 months ago had BFL been able to ship on time.  I realize the troll in you will think I am trying to say todays difficulty would have happened last year... but that is not what I am trying to say.  I am saying if you look at the dif on Oct 2013 until now, that is the change you would have seen a year ago if BFL had shipped on time.  Deny it all you want, but you were spared a year's worth of crying over difficulty spikes all due to the fact that BFL wasn't able to ship on time.  None of the Avalon Batch 1 people would have made ROI if BFL had shipped on time.  ASICMiner shares would have never been the success they were if BFL had shipped on time.

The sad and simple truth is that you and all the other trolls will never open your minds to the harsh reality of what would have been cause you are too content living in your rose-colored glasses dream of being millionaires and living the high life if BFL had shipped you your miner on time.

+1

This was a new and untested area and the learning curve was very steep.  The first 2 ASIC's out were made with what could be considered extremely dated technology (110nm for one of them) and with the push for better and faster it's become AMD vs Intel for who can put the next gen online and who can push the boundaries even further.  Sadly the generation we live in falls into the "instant gratification" group and cannot see the time and effort needed to produce anything like this (must be why some people create boards and forego creating chips) and can only criticize things they have no true understanding over.

Personally I doubt this lawsuit is going very far, the person who initiated it has used false data to come up with damages based on past performance of the network without consideration of the fact that by adding his 3TH to the network at the time he specified that the results he calculated become skewed and no longer valid.  In order to mine 150BTC a day with 3TH, the network difficulty would have to have been ~10,080,000 which at the time was roughly 70-75 TH.  He's figuring he'd have 4% of the network coming to him without affecting said network.  Of course, he also discounts the 10 months of people who ordered before him who would have to get products before his could be added to the network.  Must be nice to live in such a dream world.  Reminds me of Unacceptable and his "I would have made 100BTC from a little single if they had shipped in Feb!".  Sooner or later the rose colored glasses will have to come off and the harsh shade of reality will sink in.

You wanna quote these lies I've told Bickski?  Yet again you are attributing to me things that have not happened.  You're the one who lies and evades things... Where's that $2800 in BTC you were going to buy?(Or should I say $1700 in BTC now...)  Oh, that's right, you bought $160 of FRC instead.  You couldn't even man up to a wager YOU put out there. 

The sad part about this is that you try so hard to prevent people from 'making the same mistake' you did, yet you go so over the top that you actually end up promoting the company instead of hindering it.  Your keep the BFL name right up there are the top for all to see, and the average person who reads it will basically roll their eyes at the rabid posts by all the Butthurt Fairy Lads who feel it is their civic duty to point out every little mistake as if it were a crime against God.

Caveat Emptor is all that needs to be said, in truth about ALL asic companies, but there are fools out there who seem to think they can still strike it rich.  It's the California Gold Rush all over again, and the guy selling shovels is the only smart one in the bunch.

Didn't you post this same picture a couple weeks ago with the same complaint?

Yet again, you respond without knowing the fulll facts.  As I have stated, but you have me on ignore so you don't read fully, this is NOT an ASIC problem, it's a different component on the board.  You and the rest of the trolls can't think other than "BFL sucks", or you'd see that having to depend on other companies to populate your boards it not something you can directly control.  The chip in question is the 1850/1877 ADP chip, or power regulator, which appears to have come from a bad batch, as all of my units have the 1850 and run fine while a friend has one that slows down when power is cycled.  Lightfoot has one of these units and figured out it was a heat issue and installed heat sinks onto this chip and the underside of the MOSFETs and now the power problem is gone.  Your blaming of BFL for this would be like me blaming you for a bad design if someone 'licensed' your wasps and then got a bad set of 'support chips' to power the board and I blamed you for the poor design.

Hey Bick, show me these posts of mine where I am claiming this is a "great product".  It's sad that you have to resort to putting false words into peoples mouths.  I took you up on a wager you profferred on these forums, to whit: Show you proof of a Monarch purchase and you would buy $2800 in BTC and see who was ahead in 3 months time.  I showed you proof I purchased on Black Friday and you bought $160 of Friecoin instead of $2800 of BTC and crowed over your great investment.

Here it is, Feb 3rd, the coin you bragged had hit $.23 has dropped to ~$.048 and you refuse to comment on it.  *IF* you had bought BTC as you stated you would, you'd be holding 2.03BTC, the same as I used to purchase my Monarch, and it'd only be worth ~$1800 today.  I can understand your not wanting to talk about your losses, you have a reputation to uphold.

You know something Bickski?  Your problem is that you don't know anything about engineering or you wouldn't be saying this.  Engineering has nothing to do with it, as this is a chip issue.  Unfortunately, the majority of end-users of mining equipment are not skilled enough to take on the challenge of disassembling and adding heatsinks in the proper locations and then reassembling the unit without causing more problems then they started with.  The easiest thing to do in such cases is to present a solution that ANYONE can handle, not deride things you know nothing about.  You claim to be 'performing a public service', yet you provide no solutions other than "stay away".  If you cared about the miners as much as you claim to, you'd be coming up with your own solutions to these problems instead of just documenting them and pointing a finger saying "See, stay away."

RMA is a costly process in both postage and down-time.  Presenting a solution to keep miners up and running is a win in my book.  Maybe that means nothing to you, but to me it seems that the more we help keep people up and running, the better it is for the network and the better it is for them.

1) Never rooted/cheered/whatever the company.  I tell trolls they are stupid, when they ARE stupid, but I'm not a cheerleader.
2) Since you DON'T have an order, why do YOU care?

Now, so as to 'not deflect':

1) The wafers are at the slicing facility and should be headed to the grading facility soon.  Considering all the pictures of prototypes, I'm thinking they have a board ready to go.
2) I would guess grading takes a week or so, so I'm thinking they'll have some to send to the company that will populate the boards.
3) From there I'd estimate it's a hop, ship and a jump to production.

So, "Where's *MY* Monarch?" , it's out there and will be ready soon.  I'll get it when I get it and not a moment sooner.

Like you know anything about engineering.  Since I take the time to READ and not BITCH about things, I know there seems to be a batch of chips that are more sensitive to heat issues and that by cooling them it brings back the full productivity of the units.  Before you go off half-cocked, since I know that's how you normally operate in life, it's not the ASIC chips that have this problem, it's either in the MOSFETs of the ADP chips as several people have added heatsinks to them and stopped this problem.  Since the cases are fairly complex to take apart and put back together, most people would find it easier to cool the unit off and then re-add power.

@Gator: True, but I wasn't advocating people 'throw it in a snow bank' to try to bring the temp down immediately.  The chips in question do cool fairly quickly, but not at room temp.  I set my friends unit in the window while it was still plugged in but not mining so it could pull 30-40 degree air through it before I powered it down and that seemed to work well.  From testing I have done, it can take 1/2 hour or longer at room temp for them to cool enough to get your speed back.

Are you ingnorant or just plain stupid?  I did answer his question, I told him my Monarch was in the same place his WASP and HIVE are ATM.  I still bet I have my hands on a Monarch before I do on a WASP.

Is this the first time you've plugged it in or did it use to run at 50 then slowed down?  If it slowed down, try cooling it off, like put it outside or in a fridge for 10 min or so.  If it naver ran fast, I'd suggest using the BFL dashboard to initiate an RMA.