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241  Economy / Computer hardware / Re: FPGA - Icarus/Lancelot on: May 17, 2013, 01:41:56 PM
DHL pickup booked. 10 units leaving China today,  don't miss the boat.

Bought 5 Icarus boards from OP, payment sent. Hopefully my boards went out at the same time.
242  Bitcoin / Hardware / Re: Remember last October when BFL said they would ship by the end of the month? on: May 16, 2013, 09:02:05 AM
And its much more irrelevant if its a product like a miner where you have 50000%  of profit after producing the chips.. 2$ more per board does not count when you make 2k$ profit per board...

First, you need to get the boards/finished products out the door...
243  Bitcoin / Hardware / Re: [Avalon Asic] trade-in Thread on: May 16, 2013, 07:12:06 AM
Do you feel special?

Do you feel lucky, PUNK??  Grin
244  Bitcoin / Hardware / Re: Remember last October when BFL said they would ship by the end of the month? on: May 16, 2013, 06:57:26 AM
What's more, as bitcoins sit squarely outside the traditional banking system it's going to be difficult and costly trying to get any back through the court system.

You won't get any BTC back if it comes to that. The wonders of anonymous currency Smiley
245  Bitcoin / Hardware / Re: Remember last October when BFL said they would ship by the end of the month? on: May 16, 2013, 06:54:55 AM
Why are they not being investigated by state attorney generals or why is there no class action lawsuit being organized against them?

Because people still hold the irrational belief that BFL might ship their money printing machine "any day now".

Of course, the longer people hold off on trying to get their money back, the smaller the chance to actually get refunded.

"But but... they will surely ship my order tomorrow!"

Will be funny to watch the eventual backlash. Popcorn anyone?
246  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 16, 2013, 12:31:54 AM
Just let this bloody scam thread die already, will ya? Or better, mods please lock it...
247  Bitcoin / Hardware / Re: Icarus Detect: Test failed at /dev/ttyUSB0: get 00000000, should: 000187a2 on: May 16, 2013, 12:25:11 AM
sold in time and now waiting for avalon b#2 Smiley

Good luck with that.....

And 2 days later they're shipping Wink
248  Bitcoin / Hardware / Re: Off-Topic on: May 15, 2013, 08:21:05 AM
What they have been saying so far passes the sniff test.

Their plan of using existing proven technology and provide a value add (by assembly and hosting) seems like a pretty bread and butter business plan.  So far they haven't said anything that seems crazy (like they are about to release their own asic).

We will see if the wheels fall off once the chips ship, or if they are everything they are purporting to be.

I am guardedly optimistic as well.

^ what he says. Too bad there's no project like this springing up in Europe. burnin's boards are one possibility, but they're a bit pricey.
249  Bitcoin / Hardware / Re: Avalon batch [2] countdown! on: May 15, 2013, 08:09:02 AM
... hmm ... except that BFL hasn't shipped hundreds of devices then suddenly stopped for months without explanation after receiving millions of dollars ...

Indeed! They have shipped 5 units then stopped. Such an awesome display of manufacturing prowess. And it only took a year, for sure this will go into the annals of Bitcoin as the most succesful ASIC shipment ever!

/sarcasm off

Dude, just get over your ego.
250  Bitcoin / Hardware / Re: Official CedarTec Topic - New ASIC [Scam?] on: May 15, 2013, 07:29:17 AM
What the fuck is happening in this world? Internet scammers, old men scamming, and even my nephew calling his mother a whore after only a week ago he asked, and received help from her, promising he's going to change his ways and pay her back a small loan as soon as he got his check. The check went toward drugs. And I'm a piece of shit for not helping him too.

Honestly, I'm beside myself!

What is happening is the beginnings of a societal collapse. Sad but true. Personal greed and selfishness rule the day, from top to bottom. I don't hold much hope for humankind if things go on like this.
251  Bitcoin / Hardware / Re: ASICMINER Blade Sales on: May 15, 2013, 07:18:09 AM
I don't know... For sure you should invest in a calculated manner, but I think ppl are buying them (because they can) to protect their current revenue levels (same as network share, since you only get a fixed amount of BTC).

Very true, people should calculate their projected earnings and decide if the risk is worth it. For myself, I've decided that there's no point in buying into ASICMINER for various reasons, price being a large factor.

I can see why you wouldn't want to support ASICMINER. Thanks to the good execution of their ASIC project, they are now too big for the system. You can blame that on BFL pocketing the money of a bunch of miners and never delivering. If they don't fold before shipping their products, the miners who have their funds stuck in the BFL pit will be able to start getting some ROI and the normal cycle of funding future revenues will recover, which should push ASICMINER lower in network share. Until the next cycle. Lather, rince, repeat.

Yes, indeed, ASICMINER is too large now and will continue to be so for the foreseeable future. Unless Avalon really gets their act together, or another newcomer starts selling hardware the next week, we're stuck with ASICMINER being too large and hence a threat to Bitcoin's stability for way too long.
252  Bitcoin / Hardware / Re: Project Caterpillar - 3RU DIY ASIC Miner on: May 14, 2013, 08:29:42 PM

Summary Preliminary Specs:
3RU rack mount server case
24 ASICs per drive tray
16 ASIC trays per case (384 ASICS per 3RU - Approx 108GH/s in 3RU)

That's a lot of heat in a small box. Are you sure you can cool that good enough?

Fill the case with mineral oil and add a pump + radiator Wink
253  Bitcoin / Hardware / Re: ASICMINER Blade Sales on: May 14, 2013, 05:33:51 PM
They are the only one you can buy from right now, and actually get your GH/s (the others will deliver before Huh Huh Huh)

Doesn't matter jack shit if you don't make as much or more bitcoins with them as you buy them for. The blades are a losing proposition.

Then you can wait for the next Avalon announcement (people who ordered in Batch 2 in Feb are still waiting) or order from BFL and wait 6+ mos

It hardly is brain surgery to realise that even holding onto the bitcoins is a better deal than buying ASICMINER hardware...

Yes, but maybe it's a worse deal to wait and loose even more of your % of the network. It's a costly way to maintain your share, but if you get your GH/s sooner than later, it will take less time to get your target ROI.

If you get your 10GH/s now, they will be paid for in 6 months or less, even if the difficulty reaches 100M in 6 months.

It's not about "maintaining a share" of network. It's about whether you get your 50 BTC back + some extra for your trouble. ASICMINER's pricing is so tight that you're very unlikely to make profit or even break even. Remember, you will be competing against ASICMINER's in-house hardware too, which they're sure to bring online as much as they dare to.

Even if you will break even in 6 months, the difficulty will be so high by that time the blade(s) will bring in so little revenue it probably isn't worth the bother to keep them running. As I said earlier, ASICMINER is trying to squeeze profits out of both ends.

Feel free to take the gamble enrich ASICMINER. I won't.
254  Bitcoin / Hardware / Re: BFL May 12th Update on: May 14, 2013, 04:08:57 PM
BFL's silence and blatant need to keep things quiet and not give dates anymore tells the real story.


Didn't they give out dates in the last update?

With their track record of keeping deadlines, would you believe anything they promised anymore? Wink
255  Bitcoin / Hardware / Re: ASICMINER Blade Sales on: May 14, 2013, 04:06:08 PM
They are the only one you can buy from right now, and actually get your GH/s (the others will deliver before Huh Huh Huh)

Doesn't matter jack shit if you don't make as much or more bitcoins with them as you buy them for. The blades are a losing proposition.

Then you can wait for the next Avalon announcement (people who ordered in Batch 2 in Feb are still waiting) or order from BFL and wait 6+ mos

It hardly is brain surgery to realise that even holding onto the bitcoins is a better deal than buying ASICMINER hardware...
256  Bitcoin / Hardware / Re: ASICMINER Blade Sales on: May 14, 2013, 03:56:02 PM
They are the only one you can buy from right now, and actually get your GH/s (the others will deliver before Huh Huh Huh)

Doesn't matter jack shit if you don't make as much or more bitcoins with them as you buy them for. The blades are a losing proposition.
257  Bitcoin / Hardware / Re: BFL ASIC Production Updates 2013 (Updated May 13) on: May 14, 2013, 11:50:59 AM
[...]

Josh is a poster child for Dunning–Kruger effect...
258  Bitcoin / Hardware / Re: BFL ASIC Production Updates 2013 (Updated May 13) on: May 14, 2013, 10:56:00 AM
I figure that once the boards are ready and the chips are tested, this means they need approximately 8-10 weeks BEFORE they can start PRODUCTION in full.

Because that is how long it takes.

Uh oh. More bad news for BFL customers Sad
259  Bitcoin / Hardware / Re: BFL May 12th Update on: May 14, 2013, 10:47:54 AM
I asked at the forum BFL why they cheat customers? It is already clear that bought the device now have them no earlier than in 2014. My message was quickly removed. Angry

Harr harr so it commences Tongue
260  Bitcoin / Hardware / Re: Hash Rate Jumps Up 39% In 10 Days. From 71mil to 99mil on: May 14, 2013, 10:34:58 AM
Or, since they are very smart, they can grow to 30-40% of the network, and sell remaining inventory at optimal profits, thus ensuring they can stay at 30-40% of the network indefinitely.

The problem with ASICMINER is they're too greedy. They try to squeeze all profit from both ends, leaving nothing for the buyers of their hardware. Well, the sooner we have real alternatives the better. I certainly hope they don't pull any stupid stunts with hashrate, though...

AVALON, you listening?? Start friggin' shipping batches 2 and 3, and the chips PRONTO!
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