You guys are very forgetful,delays are only a part of the BFL'isms,power consumption will be 3x whatever they announced  Hence the free watercooling! Gotta learn to read the BullShit. See past what you assume to be true and assume the worst. When they say they are giving everyone water cooling, it either means they got a sample and it was absolute disaster in power or heat OR they figured out there was a serious parameter they just couldn't meet. Heat was an obvious one. Everyone laughed at BFL when they claimed they could do in 6 months what ATi and nVidia couldn't with the best of engineers and money. How hard are we all laughing now that they have to add water cooling? Even then, I surmise this PCI-e card will be an electric guzzler. You might need a seperate power supply for each card. Now that will be an epicly funny feat of engineering. |
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that said, i suspect they're still quieter than avalons.
A god damn freight train is quieter than my neighbours B1 Avalon. LOL if an avalon is a freight train, then BFL single must be a boeing 787 A gross exaggeration on the Avalon B1 unit noise. You can very easily hold a quiet conversation next to one without issue as long as the temperature is below 85F. The BFL units though (as many of you will testify) is a different beast. It runs pretty damn hot with it's case on. That is why almost everyone removes the housing and changes the fan as if it were "an unnecessary accessory". While I can run my Avalon B1 (70~85GH/s) at below 50C with fan at 2k RPM. It doesn't really get hot or ramp up the Fans until the temp rises above 95F. A BFL unit is a hit or miss (more often a miss IMO). Some are cool and work fine with the case on at 35C. Others (better than 50% IMO) are overheating and throttling on a constant basis. Necessitating the removal of the cover to get it under 80C. The latest fun trend is for the chips (and their apparent cores) is to fail and then necessitating an RMA request. A costly trip back to BFL HQ for a good chuck in the trash bin. Assuming the custom BFL power supply doesn't spark and arc before killing the units attached to it. |
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Irony, it now seems you all are seemingly disappointed IF you recieve your miner BEFORE New Years....
Don't the Terms of Agreement/Service state you have to notify HashFast with some letter that you have not recieved your order "within a reasonable period of time"?
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Bullshit.
Post your references that makes you believe it is 4 weeks, otherwise I call Bullshit/False hope.
There isn't a single manufacturer out there who can have their chips pop out of the factory in 4 weeks. Especially at 28nm.
Right there in the monarch information thread: https://forums.butterflylabs.com/announcements/4414-monarch-information.htmlIf they haven't taped out then I would certainly agree with you. But I'm not sure why you would assume this hasn't happened. Not sure if trolling or drank the Kool-Aid... *mumbles something about history lessons* Not to mention BFL's seemingly fictitious bullet runs. They started the bullet runs before October 2012 and didn't get their first -->sample<-- prototype until April 2013. If they haven't explicitly stated when they started a tape out then, no one should assume it has already happened. January 9th is the same as people being told in Early November of 2012 that they would be getting their first batch just a few days away. This isn't incompetence, it's just plain lying. ============================== On the BFL fucked us thread I pointed out that they haven't even shown any photo's of the prototype boards containing any real traces on the board. They showed a red prototype 1 board. It was basically a board with positioned components. Probably a very early component placement test. Then they showed a blue prototype 2 board. Missing power connectors and barely any traces along with various components swapped out and repositioned. Probably a test board for heating the components to simulate tolerances for the various components. Again, it didn't take a genius to figure out they aren't even done with the Monarch PCB. For a rep to come out and say they have a "small" delay is total baloney. Back in November the prototype 2 board was barely even done. There never was any hope for November or December. Maybe no hope for January or even February. Yet somehow they still post as if they just "needed the chips" and they are good to go. LMAO. Hardly. Anyone with two eyes and a brain could see this. Luckily those who ordered Monarch are missing at least one of two components. Good for them...   |
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Some are saying that if you ordered later with the direct wallet (not the bitpay ordering that was only available on day 1), you might be able to get your original BTC back.
Personally I like mining, though I will almost definitely not recover the 60 BTC spent on day 1 (even with timely MPP).
And yes... you would be an idiot to ask for a refund if all you are going to get back is a locked in 90% loss.
Bingo, you got it. |
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Then you are in a better position then most of us.. because since the TOS clearly states that it must be delivered by dec31, then you will be able to request a refund on Jan 1st. AND IF you paid btc directly to HF's wallet, then you will be able to get your btc back.
question is, if they come to your door with the equipment on Jan 2nd, will you accept delivery?
That is an important (very important) point to keep in mind. If you sent a BTC payment to their wallet and not through a payment processor that converts the money automatically to fiat...then you are deserving of every last BTC as originally paid. You paid 60 BTC to their bitcoin wallet (sans any payment processor) you should get 60 BTC back. No reason for them to claim otherwise. |
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Okay, maybe they did go full Inaba....  All I do hope is that they become a new technology supplier of future Hashing hardware...if they survive their first batch. We can only hope. |
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^^exactly my thoughts too! like BFL josh!
Hashfast has gone full Inaba? Preposterous.... |
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Sorry to burst your bubble, but it ain't happening. don't know how many chips they produced for batch 1 but what I would highly appreciate if they send out the upgrade kit with the batch 1 devices if possible (depends on the amount of chips). so then every batch 1 customer has 1TH/s from the beginning.
As a Batch One customer, I fully understand the anxiety and frustration of watching my BTC ROI dwindle as difficulty rises. Of course ROI in fiat is an entirely different story and a source of much consolation.  500GH per second is an engineering fact, not "marketing" BS. Another engineering fact is that only a finite and very limited number of Batch One chips exist.HashFast cannot use magic or wishes to create more, so shipping extra capacity is impossible until more chips are ready.MPP chips have already been paid for and are being fabricated.
Once our production line is complete, meaningful estimates for MPP shipping dates may be anticipated. While it has been a long process, we are nearing the end of the beginning! Best, -HF_CL |
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Exceeding that advertised minimum by a whopping 100+ GH (25%) is highly relevant to their ROI, regardless of difficulty. BS and you know it. That doesn't make any lick of sense. If I sell you equipment that makes bitcoins using 500GH/s and offer to ship it (per our plan) in October if you pay a very high premium. Then fail to send it within that time frame.... What you get is a machine that produces less product (bitcoins) as the days roll forward. Every 11 days, the machine losses a percentage of it's productive capacity. If in the time from October till December the machine lost -90% of it's productive capacity....then a representative being "happy" to announce a +25% increase in efficiency makes no literal sense. Why would someone be happy about a meager increase in efficiency if by the time it ships it will be completely negated by rising difficulty when it gets into it's customers hands? The machine might not even pay itself off due to decreasing efficiency at producing bitcoins. ------------------------ Why is this lost on the HashFast Representative? Do you guys understand why your customers are so upset? Do you require a flow chart to make it all come into focus? |
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HashFast customers will be pleasantly surprised by a free 25% boost in mining speed.
Conversely, HashFast customers are unpleasantly disgusted by having their orders shipped 2 months late. Don't forget...you marketed different prices based on delivery date. First Question: What was the proportional difficulty increase from Mid-October Till now?? Second Question: What did a BJ cost back then? Third Question: What does a batch sold today cost? When you have those answers, you will know what HF should be increasing every chip they deliver by to compensate customers for ongoing losses. Somehow I don't think 25% will cover the difference. |
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Beware of buying miners from others. I have a half working single that I bought from a friend and BFL is being iffy about it. Got a email from support saying that they don't show me ordering any singles from them. I explained that I got it from a friend and got the same response. No record of any singles, just little singles. So beware even though I remember this post.. https://bitcointalk.org/index.php?topic=115597.msg1248646#msg1248646 Serves you right. Keep sucking down that Poon-Tang.   |
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how is your ignore button glowing such a dark yellow?! wow
I tried to deprogram the ActiveMining cult and the cheerleaders didn't want to hear it. Nobody likes a know-it-all! I feel your pain. I tried to reprogram the BFL cults, but I am not sure if I was successful. The head cult master still hurls wild eyed insults whenever he sees me. |
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That's the point, yes. I would have never ordered if i had the tiniest doubt that they would have been late. My choice at the time was between HF, BF and KNC.
However, their BS made me order with the biggest scumbag company of them all.
Did you run the numbers for any scenario's where the company did not ship their first product @ 28nm on time? If so, what was an acceptable delay? (Hope it wasn't zero) I understand you bet on this horse, I understand you probably expected them to be on time with their first product. It sounds though like your expectations might have been too high for this company. Did you plan out any other scenario's in case they didn't hit their first target? (by the way, good work with the lawsuit, I fully support your cause) |
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That's, exactly as i predicted, less than 1/5th of our initial investment. Then comes the MPP. I'm optimist today and i assume that we are mining with it the first day of March. The total return of the MPP (fully triggered) would be around 9 BTC. http://mining.thegenesisblock.com/a/4156b31fef9 + 8 = 17 BTC out of the 40/50 we spent. As you can see, their bs costed us a lot. But don't worry, we will pay them back. I seriously question why you didn't know this almost 3 or 4 months ago. A simple spreadsheet and some math would have given you a pretty good idea of your odds. The odds were never in your favor to begin with. (At least not BTC wise) Alot of the companies have been failing to lower their prices in line with a profitable scenario's for their miners. Buying hardware with a huge burden of cost is....not very smart. |
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While they haven't shared details of the foundry process, they apparently get the chips back in 4 weeks. So the 15 week minimum thing is old news now.
Even though BFL is known for delays it's quite likely this will also happen to their competitors. Look at Hashfast for example.
Bullshit. Post your references that makes you believe it is 4 weeks, otherwise I call Bullshit/False hope. There isn't a single manufacturer out there who can have their chips pop out of the factory in 4 weeks. Especially at 28nm. |
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BFL, always consistent with delays and doublespeak.
Rich customers going poor? At this point anyone who ordered the Monarch deserves the delay.
-----------------------
Are they going to roll the first batch from November into the February/March batch? Or did February and March also get pushed back into infinity and beyond?
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I am pushing for profiles in the next version, should not be a problem  . Pablo. Have the new hired staff been completed? Can we expect an accelerated release schedule of new or planned features? |
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Poor customers Puerto? Shall I link to the dump you live in one more time maybe, to show who is the real poor fail in life guy around here? You were crying NO ROI for the late BFL deliveries since January, but guess what, my late single and jalapeno made over 16.4BTC in the last 11 weeks only, ROI enough?
Depends, how many BTC did it cost you at the time of purchase? If you bought it in January of last year (or before that), then I highly doubt you have made BTC ROI yet. |
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A bit of both. I did purchase a Monarch, 3.6 bitcoins, compare that to the 2.6 bitcoins I payed for a USB ASIC at 330MH/s this summer! Or the 15 bitcoins I payed for my Singles!?!
It's not about getting rich, It's about making people with ties poor! We are killing FIAT. The greatest revolution in the history of mankind and you are throwing punches?! Get real, this is happening.
Does your post require brain damage to be rendered in order to be understood? That above is just such a (incredibly) dumb series of statements.... ======================= First, no, you aren't killing FIAT. Everyone you transact with who accepts Bitcoin is going to turn it into....yep...FIAT. So no, you are not "killing FIAT". You may be indirectly avoiding the banking system based on FIAT. If that is your purpose, then yes, that has been achieved. The revolution for BitCoin is only going to happen when cyrptocoins are accepted end to end as payment. From the guy in the field plucking produce using it, to the factories and distributors producing products. That pipeline of acceptance must be established from beginning to end. Then, at that point congratulations, you will still only be adding another form of currency. Even then you will be unlikely to say you are actually killing FIAT. At least not anymore than using USD over the YEN/YUAN. |
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