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2301  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 30, 2013, 05:53:46 PM
Most of the shipment left the building, and should be on it's way to you by airplane later tonight.

I will be contacting those of you who might have gotten a shipment notice, but no shipment was actually sent out. This is because the automated CSV export exported also those orders that were combined. I think we got 99% shipped correctly, and I will communicate with those of you who might have confusing orders. Some few orders will ship on monday.

I want to thank you all for your support and patience as we practice serving you. We've learned a lot in this process, and hopefully future shipments will be less painful Smiley

We're now going to celebrate with my team here a bit.. been amazingly busy week.

Cheers!


Bravo and well done!
2302  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 30, 2013, 03:50:00 PM

2303  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: August 29, 2013, 05:04:08 AM
#4X here.

#4X here also
2304  Bitcoin / Hardware / Re: [Block Erupter Blade]Low Price, Limited Quantity on: August 28, 2013, 12:33:33 PM
I'll set up a group buy/hosting now.

Nevermind. I was planning to host a huge quantity of these again but forgot just how 'old' this hardware is now. Overclocked its nearly 10W per GH, compared to even avalons which are 10W/GH but much higher density, easier powering and cooling. Very hard to direct the heat from blades.

Then we look at the new Bitfury generation, less than 1W per GH...

yes power is a factor.
2305  Bitcoin / Hardware / Re: [Block Erupter Blade]Low Price, Limited Quantity on: August 28, 2013, 12:28:15 PM
Reserved.

These prices seem pretty good. Too good to be true....

Freidcat, I am suspicious, is this "Operation Offload" before my hardware becomes completely obsolete?

What about Gen 2? Any news on that?

Edit: Super suspicious timing.... Right after Bitfury begins shipping their miners.

Competition is a great motivator.

How much for new clients? Or is this only for past auction winners?

NM Seen the price  Smiley
2306  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 28, 2013, 12:20:27 PM
I thought you had to populate the m-board in order (slot 1, slot 2, etc.) or the m-board would not see the later h-boards?  It looks like you've spread the h-board out over the bus. Did they all come up and work?

/cet

Seems they are now grouped into A B C D

Smiley
2307  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 28, 2013, 12:16:50 PM
Hi!

I had order #217. It's hashing with only 54 watts from the wall!!

Very much thanks to Punin & Bitfury group!



Great setup Smiley
2308  Bitcoin / Hardware / Re: Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: August 27, 2013, 11:29:02 PM
From what I know the invoices# and not the orders# themselves are for the monarch pre-order, as my original orders from back in 2012 would indicate. Those orders do not have an invoice associated with them.

There is an invoice # even if not paid.  You haven't explained how you reach the conclusion that 1,800 invoices = 1,800 paid orders.  BFL uses bitpay which generates a unique invoice number for every payment request.  For the record the invoice when checking out now is #100075776.  How many of those are paid orders?  Who knows.

I feel i have explained my reasonings clearly.

Not sure if you know but there were at least 1800 new paid invoices (not just unpaid for orders) placed within 48 hours from the moment they posted the pre-order on the page.

So you are a little late.

According to whom? Could you provide a link to a list of orders made?
AFAIK BFL does not publish their numbers.
There is anecdotal evidence of a few people upgrading their 2013 Singes orders. Other than that, it is just inferring that order number = paid order.

According to me.

On August 17, 2013 Order# 1000744XX was placed and paid to BFL's payement processor with in the hour of posting the pre-order details.

However due to an automated payment issue.

The payment was not resolved by the payment processor until Tuesday morning August 20, 2013.

After the payment was processed the Invoice# 1000389xx was posted the the order.

If you have an order you can find it under the "invoices" tab on the "view order" screen

Others who had ordered and did not have similar experience had invoice numbers in the low 37000.

Is that number you provided an invoice? or order #?

As stated the order#'s that I had used to compare my order# placed were 200+ over when I placed mine and the invoices on the order were 1800 lower then when my payment was processed. Hence take my invoice and subtract their invoice# for their order and you get more then 1800.

I will leave it up to them to choose to disclose their experience and order details.

I provide info to help you and others reading this post in hopes for them to share their personal observations.

AS I have.

However I want to be clear on what you are implying.

From what I gather your viewpoint is that BFL is using invoice numbers from Bitpay transaction pool that includes invoice numbers from all merchants unrelated to BFL.

If substantiated then I can see your point and as such my statement remains inconclusive until more than the handful of orders that I used in my hypotheses is open publicly.

From what I know the invoices# and not the orders# themselves are for the monarch pre-order, as my original orders from back in 2012 would indicate. Those orders do not have an invoice associated with them.

There is an invoice # even if not paid.  You haven't explained how you reach the conclusion that 1,800 invoices = 1,800 paid orders.  BFL uses bitpay which generates a unique invoice number for every payment request.  For the record the invoice when checking out now is #100075776.  How many of those are paid orders?  Who knows.
I have several invoice numbers on BFL unpaid as I was too slow before Bitpay timed out. The number of paid orders is way less than the invoice numbers would have you believe. I even emailed BFL and reported the invoice numbers that didn't get paid so they could delete them, and they replied and told me just to ignore them.




@erk

Thank you for helping confirm that unpaid invoices for orders do exist.

I have not had the opportunity to see if others have unpaid invoices on their orders.

I knew that order numbers could go unfulfilled.

Hence why I used invoice numbers to compare. I have not compared them to unpaid unfulfilled invoices.

The other unknowns for me are.

Does BFL use invoice number generate by Bitpay.

Does Bitpay include invoices from a pool of numbers for all merchants.

Or

Does BFL use Bitpay Invoice Numbers or use their own system generated invoice numbers?

However I digress from the topic of the OP Smiley
 
2309  Bitcoin / Hardware / Re: [ANN] Bitfury is looking for alpha-testers of first chips! FREE MONEY HERE! on: August 27, 2013, 10:22:19 PM

I'm very happy to see support for the BeagleBone!


Full disclosure:  the current cgminer is very RPi specific.  Some code hacking is necessary before BB will work!
That's an understatement  Roll Eyes Oh and it's not "the current cgminer", it's the forked code based on an older version. I received a bitfury USB stick from 101BTC and I've spent a lot of time trying to get it working on a PC instead of an RPi and it's proving far from trivial... Some of the memory and hardware hacks just don't even exist outside of the RPi and some I haven't remotely figured out what they do.

This is exciting, looking forward to your results.
2310  Bitcoin / Hardware / Re: Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: August 27, 2013, 09:07:59 PM
Not sure if you know but there were at least 1800 new paid invoices (not just unpaid for orders) placed within 48 hours from the moment they posted the pre-order on the page.

So you are a little late.

According to whom? Could you provide a link to a list of orders made?
AFAIK BFL does not publish their numbers.
There is anecdotal evidence of a few people upgrading their 2013 Singes orders. Other than that, it is just inferring that order number = paid order.

According to me.

On August 17, 2013 Order# 1000744XX was placed and paid to BFL's payement processor with in the hour of posting the pre-order details.

However due to an automated payment issue.

The payment was not resolved by the payment processor until Tuesday morning August 20, 2013.

After the payment was processed the Invoice# 1000389xx was posted the the order.

If you have an order you can find it under the "invoices" tab on the "view order" screen

Others who had ordered and did not have similar experience had invoice numbers in the low 37000.






You're assuming a linear system to their orders and that doesn't appear to be the case.

At the same time, given the number of mini rigs and especially singles ordered in 2013, 1800 upgrades sounds on the low side so I can believe it.

From what I know the invoices# and not the orders# themselves are for the monarch pre-order, as my original orders from back in 2012 would indicate. Those orders do not have an invoice associated with them.

The fact that old orders do not have invoices still holds true even after recently upgraded shipping on the 2012 orders.

Most certainly one can argue that not all of the 1800+ paid invoices from Aug 17th 2013 to Aug 20th 2013 are for the monarch pre-order. However realize that most of those invoices will be for multiple monarch devices.

Hence why the potential delay till Feb 2014 for late orders.
http://www.butterflylabs.com/monarch/

Edit: Simple math would indicate that within 48 hours at least 1800 Monarch devices multiplied by 600 GH indicate a petahash of hardware will be potentially hitting the network come march 2014.

That reason alone would motivate persons with other investments to attempt to bring down BFL before that ever can become a reality.

I am sympathetic to those that have lost investment opportunities because events did not go as expected.

For one reason or another, I have not gone unscathed to failed ASIC projects in the past. This is a reason I attempt to diversify and support any manufacturer that I feel capable of the task (minus potential scams) and offers up their success to the general public in order to further decentralize the Bitcoin network.
2311  Bitcoin / Hardware / Re: Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: August 27, 2013, 07:38:09 PM
Not sure if you know but there were at least 1800 new paid invoices (not just unpaid for orders) placed within 48 hours from the moment they posted the pre-order on the page.

So you are a little late.

According to whom? Could you provide a link to a list of orders made?
AFAIK BFL does not publish their numbers.
There is anecdotal evidence of a few people upgrading their 2013 Singes orders. Other than that, it is just inferring that order number = paid order.

According to me.

On August 17, 2013 Order# 1000744XX was placed and paid to BFL's payement processor with in the hour of posting the pre-order details.

However due to an automated payment issue.

The payment was not resolved by the payment processor until Tuesday morning August 20, 2013.

After the payment was processed the Invoice# 1000389xx was posted the the order.

If you have an order you can find it under the "invoices" tab on the "view order" screen

Others who had ordered and did not have similar experience had invoice numbers in the low 37000.




2312  Bitcoin / Hardware / Re: Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: August 27, 2013, 06:37:07 PM
Not sure if you know but there were at least 1800 new paid invoices (not just unpaid for orders) placed within 48 hours from the moment they posted the pre-order on the page.
So you are a little late.
Sarcasm is always hard to figure out in text, isn't it?

Smiley just saying.
2313  Bitcoin / Hardware / Re: Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: August 27, 2013, 06:30:46 PM
I really feel sorry for anyone naive enough to place a new scam pre-order for a monarch. Jesus mary can't people even see that they can't deliver anything in any quantity but Jalapenos? And they are over a year late with everything else.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

DO NOT SEND ANY NEW MONEY TO BFL.

Continue to repeat this money saving mantra  Wink

Why discrimate so?  For the most part, if you ain't got it in hand... you're screwed.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.

DO NOT SEND ANY NEW MONEY TO ANY ASIC MANUFACTURER.


Not sure if you know but there were at least 1800 new paid invoices (not just unpaid for orders) placed within 48 hours from the moment they posted the pre-order on the page.

So you are a little late.
2314  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 27, 2013, 06:13:18 PM
In photo posted by Nico it's clearly visible that capacitors near coil are askew mounted. Also in big zoom if think shortcuts between chip pins are visible. Maybe thats a reason why some boards perform poorly...
Maybe manufacturer is quick but quality suffers greatly.

   Can you link post plz?

  ty

Post number 542. Can't post direct link. I'm on android phone right now.

https://bitcointalk.org/index.php?topic=250249.msg2978673#msg2978673


Meanwhile full sized miner is falling quite a bit short (10-20%) on hashrate, but the power consumption is.... 250W AT THE WALL.


Thanks for the update.
2315  Economy / Speculation / Re: Bitcoin Foundation to meet US authorities. on: August 27, 2013, 05:29:26 PM
Exactly what will be discussed that can't be found through personal research on the interwebs?

How government can rob yours Bitcoins. -)

Do not forget that Bitcoin is global. If one group does not wish to participate then they can opt out.
However the rest of the world will keep going without them.

Including the fact that BTC can potentially be taken anywhere in our solar system

At this time the Bitcoin network has been resistant to centralization.

Just saying.
2316  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 27, 2013, 05:11:28 PM
Bitcoin the de facto gold standard.
2317  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 27, 2013, 05:01:51 PM

2318  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 27, 2013, 04:17:42 PM
First orders shipped today! More to follow..

Exciting!

Starter kits benefit the most, as we are putting 2 H-cards in until we have achieved sustained noncerate (useful nonces) of over 25GH/s on one card.

Even more exciting!!

But wait, this doesn't mean the current speed of the H-cards is only 12,5 GH/s ?

No, it means I don't have time to desolder chips from them Smiley You'll be surprised what you get.


This is how you reward those that put faith in you. Keep up the great work.
2319  Other / Archival / Re: What's happening to Bitstamp? on: August 27, 2013, 04:03:10 PM
Since it is acknowledged as a currency in Germany, institutional traders start to move now  Wink

From what is known. A return on a BTC investment in Germany within the first year is taxed at 25% as Capital Gains. If you chose to hold onto the investment for a year then there is 0% Tax on the return.

This is a great way to encourage merchants to accept bitcoin for payment of goods and services and then hold onto them for 1 year before moving the BTC to other forms of currency or investments.

This is also a great way to get the more of the worlds economic BTC activity.

Here is a quote.

Quote
http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http://www.faz.net/aktuell/finanzen/devisen-rohstoffe/digitale-waehrung-deutschland-erkennt-bitcoins-als-privates-geld-an-12535059.html

The Ministry also clarified that if a German taxpayer holds bitcoins for more than a year, she is exempt from paying the 25 percent capital gains tax. Such a tax would ordinarily be paid after profiting from the sale of a stock, bond, or other security. However, taxpayers are now required to pay taxes on any profits made from Bitcoin transactions that happen within a year.

2320  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: August 26, 2013, 04:18:15 PM
Here is a post from Dave
https://bitcointalk.org/index.php?topic=140366.msg3010021#msg3010021

And I am almost sure he will. Therefore the shares are not over valued.

Which might be a risky assumption. It really would be good to have an answer on that. If no answer comes i would take it as that he wont reinvest. I mean it would have helped from the start when he stated reinvestments.
Does this security has a spokesperson other than tytus? He was logged in yesterday but didnt post anything since 1 and 1/4 months now.

I never really clarified that the reason I started updating this thread is due to a conversation I had with Tytus.  He was/is so busy, I suggested that I would keep you all informed.  So I guess I'm the spokesperson for now on this forum anyway.  Tytus still posts the picostocks reports.

Status of boards - as I noted before, final design bugs are ironed out and boards are in production.  Due to delays, we've increased the hashpower we will commit to this mine to 200TH.  I'm waiting to get a shipping notice from the factory - the first boards should be headed my way in 24 - 48 hours by my estimate, but I can only wait for them to ship.  Well, that and send multiple emails per day to the US VP sales.  First boards will be run for 24 hours or so in order to weed out underperforming or non-performing boards - this will all be sent to the mine.  After the August retail units are shipped, remaining boards will begin to accumulate hashpower for the mine.  I think we can put up 200TH in 30 days, but it remains to be seen what challenges there are.

The delays gave me an opportunity to jump on something for the datacenter without introducing future downtime to the mine.  I went ahead with the plan to double the power service to the building, which completed last week.  This provides quite a lot of power - 2400 amps of 208v (theoretically supporting about 500kW).  I have about 1500 amps routed out onto the floor now.  This extra power will give me some room to push the AC systems (25 tons) to the limit and see where we can max out temps.  I can add AC once I get a better sense of where the operational temperature ceiling is.

I think you are pretty close on your estimate of total starter kits sold (globally), but we sold far less full kits.  Figure about 50-60 full kits for August delivery worldwide.
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