matthewh3, you're not very reliable according to your track record.
Why because I changed my plan twice? Once to increase the dividend and once to speed up the process to start mining. Anyway two boards have now been paid for I've a good mind to take all remaining shares and all future issues to be private deals only. The first dividend should be paid in two weeks and I'm predicating the weekly dividend per share in five weeks to be ~0.00333BTC and if we do issue another 400 shares (maybe privately) the weekly dividend per share will be ~0.0045BTC per share. |
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Hopefully the first dividend should be paid in just over two weeks I'm predicting the weekly dividend per share in five weeks to be ~0.00333BTC. After the IPO is over a vote will be held on whether to issue ~400 more shares at 0.31BTC to purchase board #3 that would take the weekly dividend per share to 0.0045BTC.
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Hum, why no warranty period is mentioned? Added below.
hmmmmmmmmmmm... I got about 5 grand I am looking to invest in FPGA. I think this just sold me. BFL it is. I will wait the 2 months. And I disagree that a BFL is 900 dollars since you could make 300 bucks while you wait. That is just stupid math lmfao I got fed up of waiting for a BFL so cancelled my order for something else. Also a BFL would take over eight months to pay for its sell at today's difficulty and exchange rate and the warranty is only six months plus none have been running out in the wild for seven months yet. BFL may just being doing such a short warranty as they don't expect being able to replace the model for another of the same model or they may be worried of a short life for their boards due to the chips burning out? |
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interesting. well, clearly it warrants further research then. also, looking more at the x6500's then the bfl's, i think. better power draw.
It would take longer to pay for its self but I think the warranty is longer than the BFL (?) plus if the difficulty goes right up or the price drops right down you'd still be profitable below $1 a BTC or $2 BTC once the block half's in December. |
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You would have to think about replacing the boards as the BFL warranty is only six months and no one has had one running for seven months yet but they are some boards available with two years warranty with lower power consumption but there more expensive.
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I'm also taking pre-orders for these new boards to be shipped within three weeks at $1129 (RSM board #1 cost $999  ) for 1BTC commission finders-fee until the new company goes public which I expect this Monday or at least before next Friday as my board should be delivered by then and be hashing away with photos published. edit: twelve months warranty (may be two years [have to check]) Did I get that right? 800MH/s@40W@$1129 Yes the boards nearest competitor is two of the new X6500 boards (and they come without heatsinks) and this board works out cheaper. hmm. what's your power bill? BFL single @ 830MHash/s@80W@$599 + $75to$150 lost mining op time waiting (risky tho) = are you paying that much more in power (or projecting that level of difficulty) that it's worth the premium? but, as they say, one in the hand is worth two in the bush  EDIT: at $999 it sounds much more betta - are you getting more at that? No only one at $999 but a BFL-Single would take over 8 months to pay for its self but with only 6 months warranty! This board will take up to 16 months to pay for its self but then will still have 8 months within warranty of a guaranteed profit. Also got feed up of waiting for the BFL that was a major reason of switching to this. I pay £0.11185/$0.15kWh and if the difficulty goes right up or the price falls out the electricity costs per board are only £0.75 a week for 10 bitcoins at the moment so even if BTC dropped to $1 (or $2 after the block reward halfs) we could still keep the boards running and issuing dividends. |
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I'm also taking pre-orders for these new boards to be shipped within three weeks at $1129 (RSM board #1 cost $999 ) for 1BTC commission finders-fee until the new company goes public which I expect this Monday or at least before next Friday as my board should be delivered by then and be hashing away with photos published. edit: twelve months warranty (may be two years [have to check]) Did I get that right? 800MH/s@40W@$1129 Yes the boards nearest competitor is two of the new X6500 boards (and they come without heatsinks) and this board works out cheaper. hmm. what's your power bill? BFL single @ 830MHash/s@80W@$599 + $75to$150 lost mining op time waiting (risky tho) = are you paying that much more in power (or projecting that level of difficulty) that it's worth the premium? but, as they say, one in the hand is worth two in the bush EDIT: at $999 it sounds much more betta - are you getting more at that? No only one at $999 but a BFL-Single would take over 8 months to pay for its self but with only 6 months warranty! This board will take up to 16 months to pay for its self but then will still have 8 months within warranty of a guaranteed profit. Also got feed up of waiting for the BFL that was a major reason of switching to this. |
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Do the maths
It is obvious that you math skills are far superior to mine. You win. Trolling again  |
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Do the maths
It is obvious that you math skills are far superior to mine. You win. Studied Fourier Transforms and Matrix manipulation at Uni. |
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The board should take 16 months to pay off at today difficulty and exchange rates leaving eight months within warranty of guaranteed profit. The BFL-Single would take over eight months to pay off but with only six months warranty. Do the maths
So, now it is no longer a maybe but a fact that this unicorn board has a two year warranty? I'm done arguing with you as clearly your board is the superior choice. I'm not arguing only defending my position and choice. I dislike this forum for all its trolling thats one of the reasons bitcoin.org no longer links to the forum. |
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The board should take 16 months to pay off at today difficulty and exchange rates leaving eight months within warranty of guaranteed profit. The BFL-Single would take over eight months to pay off but with only six months warranty. Do the maths
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There still shipping Decembers orders I got feed up of waiting after six weeks they said another four to six weeks so cancelled my order.
Your impatience means you may never break even on your investment. Feels good, doesn't it. Your just trolling now Sorry if you think I am trolling. Let me say this another way. Your idea of a "good investment" is in fact one of the worst ones proposed on this thread. It seems that you are trying to make a quick buck off of false information. Basically, I'm calling you out on the notion that this new FPGA is somehow magically better because it has a longer warranty. Then why is my GLBSE listed mining company RSM which the boards are for predicting the highest dividend for share price of any of the mining company's listed on the exchange. |
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There still shipping Decembers orders I got feed up of waiting after six weeks they said another four to six weeks so cancelled my order.
Your impatience means you may never break even on your investment. Feels good, doesn't it. Your just trolling now It seems that you are trying to make a quick buck off of false information. Basically, I'm calling you out on the notion that this new FPGA is somehow magically better because it has a longer warranty. What 1BTC commission pfft and its cheaper than its nearest competitor two of the new x6500 boards. |
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There still shipping Decembers orders I got feed up of waiting after six weeks they said another four to six weeks so cancelled my order.
Your impatience means you may never break even on your investment. Feels good, doesn't it. Your just trolling now |
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I'm also taking pre-orders for these new boards to be shipped within three weeks at $1129 (RSM board #1 cost $999 ) for 1BTC commission finders-fee until the new company goes public which I expect this Monday or at least before next Friday as my board should be delivered by then and be hashing away with photos published. edit: twelve months warranty (may be two years [have to check]) Did I get that right? 800MH/s@40W@$1129 Yes the boards nearest competitor is two of the new X6500 boards (and they come without heatsinks) and this board works out cheaper. |
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This board is the cheapest in its class for hashing power, electrical efficiency and warranty the nearest competitor is two of the new x6500 FPGA boards and this works out cheaper. Two X6500's (without heatsink) would be 800MH/s@34.4W and $1130USD. These have heatsinks. These boards you are peddling are most certainly not the "cheapest in its class". You may want to get your facts straight. Why which board is cheaper? edit: if you mean the BFL-Single that only has a six month warranty (this has a minimum of twelve months[maybe two years{I have to clear that up}]) and the BFL-Single operates at twice the wattage. As I said two of the new x6500 is its nearest competitor and this board works out cheaper. BFL's Single, at current rates and ignoring the reward drop, will take me 9.3 months to pay off at $0.11kWh. Your board, at current rates and ignoring the reward drop would take me 16 months to pay off. So, either box will be out of warranty by the time they pay themselves off. More importantly, for a few bucks more I could get a pair of BFL Singles. Also, the jump between GPU to general FPGA efficiency is massive. After that we are squabbling over a few bucks a month which at this point are a tiny fraction of the device's overall cost. It takes 98 months for the BFL Single to consume its original price in electricity. For comparison it takes 10 months for a 5830 to consume its original price in electricity. Until you start talking another jump like that then the differences in power between FPGAs are inconsequential for some of us. The warranty may be two years not sure tho I know its at least twelve months. You've said that about a dozen times now. We get it. It may be two years. BFL may also ship in 4 to 6 weeks. There still shipping Decembers orders I got feed up of waiting after six weeks they said another four to six weeks so cancelled my order. |
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This board is the cheapest in its class for hashing power, electrical efficiency and warranty the nearest competitor is two of the new x6500 FPGA boards and this works out cheaper. Two X6500's (without heatsink) would be 800MH/s@34.4W and $1130USD. These have heatsinks. These boards you are peddling are most certainly not the "cheapest in its class". You may want to get your facts straight. Why which board is cheaper? edit: if you mean the BFL-Single that only has a six month warranty (this has a minimum of twelve months[maybe two years{I have to clear that up}]) and the BFL-Single operates at twice the wattage. As I said two of the new x6500 is its nearest competitor and this board works out cheaper. BFL's Single, at current rates and ignoring the reward drop, will take me 9.3 months to pay off at $0.11kWh. Your board, at current rates and ignoring the reward drop would take me 16 months to pay off. So, either box will be out of warranty by the time they pay themselves off. More importantly, for a few bucks more I could get a pair of BFL Singles. Also, the jump between GPU to general FPGA efficiency is massive. After that we are squabbling over a few bucks a month which at this point are a tiny fraction of the device's overall cost. It takes 98 months for the BFL Single to consume its original price in electricity. For comparison it takes 10 months for a 5830 to consume its original price in electricity. Until you start talking another jump like that then the differences in power between FPGAs are inconsequential for some of us. The warranty may be two years not sure tho I know its at least twelve months. BFL warranty of only six months made me nervous plus I got feed up of waiting for it and purchased this board which is shipping by this Wednesday and batch #2 that I'm taking pre-orders for within three weeks. |
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This board is the cheapest in its class for hashing power, electrical efficiency and warranty the nearest competitor is two of the new x6500 FPGA boards and this works out cheaper. Two X6500's (without heatsink) would be 800MH/s@34.4W and $1130USD. These have heatsinks. These boards you are peddling are most certainly not the "cheapest in its class". You may want to get your facts straight. Why which board is cheaper? edit: if you mean the BFL-Single that only has a six month warranty (this has a minimum of twelve months[maybe two years{I have to clear that up}]) and the BFL-Single operates at twice the wattage. As I said two of the new x6500 is its nearest competitor and this board works out cheaper. BFL's Single, at current rates and ignoring the reward drop, will take me 9.3 months to pay off at $0.11kWh. Your board, at current rates and ignoring the reward drop would take me 16 months to pay off. So, either box will be out of warranty by the time they pay themselves off. More importantly, for a few bucks more I could get a pair of BFL Singles. Also, the jump between GPU to general FPGA efficiency is massive. After that we are squabbling over a few bucks a month which at this point are a tiny fraction of the device's overall cost. It takes 98 months for the BFL Single to consume its original price in electricity. For comparison it takes 10 months for a 5830 to consume its original price in electricity. Until you start talking another jump like that then the differences in power between FPGAs are inconsequential for some of us. The warranty may be two years not sure tho I know its at least twelve months. |
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Why which board is cheaper?
edit: if you mean the BFL-Single that only has a six month warranty (this has a minimum of twelve months[maybe two years{I have to clear that up}]) and the BFL-Single operates at twice the wattage. As I said two of the new x6500 is its nearest competitor and this board works out cheaper.
Are you trying to say that 40w usage over 80w is a competitive advantage that is worth paying almost double for, it's not. Let's do some simple math..... .08kW * 745 hours * .11kWh == $6.55 / mo .04kW * 745 hours * .11kWh == $3.27 / mo So, according to your claims, it is worth paying an extra $530 to save $3.28 a month. It would take you over 13 YEARS to make back this extra money you are spending on the board. It only has a 1 year warranty......... Matthew, maybe you should try doing some of this math before you claim this magical board of yours is a better value than the BFL single. I pay £0.11185/$0.15kWh for electricity and they are lots of places that pay a lot more than that. Plus the extra warranty was worth it for me. Plus I got feed up of waiting for my BFL. |
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Why which board is cheaper?
edit: if you mean the BFL-Single that only has a six month warranty (this has a minimum of twelve months[maybe two years{I have to clear that up}]) and the BFL-Single operates at twice the wattage. As I said two of the new x6500 is its nearest competitor and this board works out cheaper.
Are you trying to say that 40w usage over 80w is a competitive advantage that is worth paying almost double for, it's not. Let's do some simple math..... .08kW * 745 hours * .11kWh == $6.55 / mo .04kW * 745 hours * .11kWh == $3.27 / mo So, according to your claims, it is worth paying an extra $530 to save $3.28 a month. It would take you over 13 YEARS to make back this extra money you are spending on the board. It only has a 1 year warranty......... Matthew, maybe you should try doing some of this math before you claim this magical board of yours is a better value than the BFL single. I pay £0.11185/$0.15kWh for electricity and they are lots of places that pay a lot more than that. Plus the extra warranty was worth it for me. |
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