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2761  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 03:16:25 PM
How much is it now for the Grade B through D chips? (Any specs released by BFL on those grades?)

They lowered the price across the board and are now only guaranteeing 4 GH/s instead of using the 'hand picked/per chip' approach.
I don't understand what that means.

4Gh/s guarantee even for Grade D chips?

You have to explain it to me or get Josh to clear this up.

From what I can tell ALL chips are guaranteed to run at 3 GH/s+ according to:

"Chip grades:  Chips come in four grades of performance.  Chips are sold in mixed grade lots.  A grade has 16 engines, B grade has 15 engines, C grade has 14 engines and D grade has no less than 12 engines.  All chips run at a minimum of 250 mhz.  Higher grade chips will run up to 294mhz.  The percentage distribution in each lot is 60% Grade A, 20% Grade B, 15% Grade C and 5% Grade D." from link @ https://products.butterflylabs.com/65nm-asic-bitcoin-mining-chip.html

Since each chip has a minimum of 12 cores, IF a chip happens to be of lowest quality  (12 cores) and also of the lowest clock speed @ 250 mhz it would run @ 3GHs. Though I find it unlikely, since my guess is that less cores, would allow a chip to dissipate more heat and likely run at close to or at the highest clock speed of 290 mh/s+ giving even class-D chips around 3.4 gh/s.

Best case scenario would be a chip of class A with 16 cores @ 294 mh/s running at 4.7 GH/s.

Since chip distribution is 60% Grade-A and only 5% grade D it seems exceptionally unlikely even with a 5 chip order that the average hash rate would come out to less than 4 GH/s. It seems statistically even a random selection would produce OVER 4 GH/s.

A couple of questions:

How can they give us info on what the spreads are of Grade A through D if they haven't yet fabbed the new chips? (Isn't it 100 days away?)

Or are they giving us the old lots they already "have" fabbed that are meant for pre-orders? (The ones with power problems)
2762  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 02:49:10 PM
How much is it now for the Grade B through D chips? (Any specs released by BFL on those grades?)

They lowered the price across the board and are now only guaranteeing 4 GH/s instead of using the 'hand picked/per chip' approach.
I don't understand what that means.

4Gh/s guarantee even for Grade D chips?

You have to explain it to me or get Josh to clear this up.
2763  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 02:39:22 PM
How much is it now for the Grade B through D chips? (Any specs released by BFL on those grades?)
2764  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 02:27:08 PM
They also [apparently] expect the board makers to create their own firmware to run the chips.

Kinda crazy!
2765  Bitcoin / Group buys / Re: 65 nm Chips - [BFL ACCEPTED 100% ESCROW by John K.] - Group Buy #1 - Kernel32 on: June 11, 2013, 01:34:31 PM
I'd be interested in around 1,000 chips towards the group buy.


https://products.butterflylabs.com/65nm-asic-bitcoin-mining-chip.html

It looks like they are for sale now. $75/each (Much better price) What is the status of this thread?

I did hear that prior to the price change they would be giving discounts based on quantity, hopefully this translates into even better prices for the group buy.
LoL!

They aren't selling at all compared to the Avalon chips which have a known working implementation.

Seems they slashed the price by [very roughly] ~25% to try to lull people into buying chips without the board....Yikes...

Reeks of desperation.

The old offer:

Original message by Josh:
Quote
Butterfly Labs will begin selling bulk chips to individuals and companies starting in June, 2013. Chip delivery schedule is approximately 100 days through end packaging once your order is placed. We will be providing reference documentation, reference design/schematics, and foundry receipt/documentation.

Grade A chips have 16 engines and will do 250 MHz comfortably, equating to 4 GH/s per chip.

Chips will be graded and priced as follows:

Grade A: 16 Engines - $97/chip
Grade B: 15 Engines - $93/chip
Grade C: 14 Engines - $89/chip

Grade D: 13 Engines or less - $83/chip

Our chips will be provided in minimum lots of 100 with the following price structure:

100 - 999 chips - Regular Price
1000 - 9999 chips - 5% discount
10,000 - 99,999 chips - 10% discount
100,000 or more - 20% discount

Chip orders will require 50% down and 50% upon order delivery. Payment can be made via BTC (preferred) or bank wire.

Advantages of BFL chips:

1/2 the power usage per GH as the closest competitor
1/10th the silicon area per GH as the closest competitor (Very high performance density)
You can use off the shelf heat sinks depending on your chip layout due to FCBGA package vs custom underside heat sinks as required on some QFN packages. You don't have to design and manufacture heat sinks!
Proven design currently operating in the field and ready to go.


I noticed on their site it now reads that they are selling mixed lots...?

Does this mean they are no longer sorting out the Grade A's from the D's or what?

Is this going to be like an easter egg hunt where one has to figure out what chips are grade A's? Also read yesterday that they want the buyers to create their own firmware. Kind of a tall task! (Can't they just give the board makers their own reference firmware(s)?)

If they keep making it harder and harder to turn those chips into actual mining rigs they might as well keep slashing the damn prices! Gonna need to pay a whole development team just to figure it all out.
2766  Bitcoin / Hardware / Re: BFL RIP OFF... price up 90%, 50GH/s for 2499$. on: June 11, 2013, 07:22:51 AM
Go on, quote for them what they are going to be making in the first month after you ship a ton of LS/S/MR devices + whatever is left of the Jally queue.

I want you to bring the numbers up and then I want BFL customers to compare their actual earnings against your promise/projections.

Do one better, make it month by month or week to week from now until the end of the year. LOL.

There is nothing more epicly tragic than talking about things you would not want your customers to know. Or making projections that never become a reality. (Or worse, come out much shorter than the projections)

Does anyone think there is anything I could possibly say that will piss BFL customers off more than Inaba making projection on profitability for every week that remains in 2013?


Having said this, Inaba is never ever going to touch this topic and make projections on earnings across different devices. Not even if he armed himself with riot gear.

The one thing you never do, is outline profitability that your customers can compare reality to. Because it will cause such an uproar that you'll never hear the end of it.
2767  Bitcoin / Hardware / Re: BFL RIP OFF... price up 90%, 50GH/s for 2499$. on: June 11, 2013, 07:15:07 AM

I wonder what Inaba is so happy about anyway?

He's shipped way late and most of the profits his customers would have made will not be realized. Can they make a profit from here on out? Yes.

But will they ever make the profits they lost from October till now? No way! (In my opinion and based on hard numbers)

--------------------

They are going to get the lions share of the pity party.

Yes, the profit will be there, but it won't be like it was back in march 2013 and definitely not the crazy amounts back in October 2012.

BFL, God's infinite mercy be willing, will ship a huge load of devices to their customers. Then, their customers are going to be hopping from pool to pool trying to figure out which pool gives them the most meager returns from all the TeraHash and competition they have from other BFL customers.

How can anyone be happy about it?

Think about it.

-----------------------

I wouldn't be surprised if BFL customers start selling 'en masse' their mining rigs. After a few days and multiple hundreds of TeraHash competition duking it out for 25 BTC rewards...there are going to be a tidal wave of irate customers.

To keep earning a lot of BitCoins people are going to need mulitples of what todays Mining rigs are capable of. People with the money and the headstart might be able to buy that up.

People without that head start...well...it is the pity party or mortgaging your home for a loan. (or something like that)

You think Inaba doesn't know this?  Cheesy

Who needs trolls when irate people become them in massive numbers thanks to BFL alone?
2768  Bitcoin / Hardware / Re: BFL RIP OFF... price up 90%, 50GH/s for 2499$. on: June 11, 2013, 07:03:13 AM
Destroying trolls?

 Grin

I love your imagination LOL.

I invite people to look through his posting history. It is definitely worth [more than] a few laughs.

Link: https://bitcointalk.org/index.php?action=profile;u=100693;sa=showPosts
2769  Bitcoin / Hardware / Re: BFL RIP OFF... price up 90%, 50GH/s for 2499$. on: June 11, 2013, 06:59:11 AM
Said by the guy who was typing crazy like a raving lunatic just yesterday....
2770  Bitcoin / Hardware / Re: BFL RIP OFF... price up 90%, 50GH/s for 2499$. on: June 11, 2013, 06:55:16 AM
.... and waiting and waiting.

Maybe go dig up another dozen or so threads and make the same 2-word necro-post on all of them...
You mean like the OP? Like all the time the words "2 weeks" were used by BFL representatives?

Sounds like a bit of lame fun...

Would it even matter to people who have orders with BFL? I don't think it actually would. It is better if they stay invested in BFL as they aren't going to get their order in 2 weeks if the past is used as a trend.  It keeps them out of mining and that is probably something every other ASIC owner wants (including early Jally buyers).

God knows there is always something going on that keeps the promises from coming true...
2771  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 06:21:21 AM
As a renown BFL shill...I must cover the tracks in the sand and say...they probably forgot to file?

If there are no legal issues with the state they registered, then there is really nothing to worry about.



PG you SOB...why are you always looking in places you shouldn't be!? Darn you and your Googling! Angry Cheesy Grin Wink

(MASTER BFL Shill)
2772  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 06:14:29 AM
Administrative dissolution means the corporation was “administratively dissolved” by the Secretary of State in accordance with State law.Sometimes the corporation is not aware this has occurred. In most instances, a corporation is administratively dissolved because it failed to file its annual registration with the Secretary of State.This often occurs because the corporation is “out of business.”  However, it is also very common that the corporation moved its offices, the Secretary of State was not notified of the change, and the corporation’s annual registration form was not forwarded to the new address.Many times the annual registration is not filed simply due to an oversight.

Administrative dissolution of a corporation by the Secretary of State may occur for the following reasons:

Failure to file an annual report
Failure to pay franchise taxes
Failure to maintain a registered agent
Fraud upon the state.

However, as with a voluntary dissolution, administrative dissolution does not mean the corporation has ceased its existence. Administrative dissolution does not terminate the authority of the corporation's registered agent.

 

Before an administrative dissolution occurs, the Secretary of State must provide written notice by mail that the corporation is to be dissolved. The corporation then has xxx days in which to correct or explain the situation. If it does not, the corporation may be administratively dissolved.

If your entity has been administratively dissolved or your entity's certificate has been cancelled or rescinded, you may request a reinstatement packet.

A corporation or limited liability company may be Administratively Dissolved if the entity in question falls into delinquent status for failure to file its required annual report and fails to correct that status within a certain time,after appropriate notification attempts by the Department. Administrative Dissolution is the termination of existence of the entity by this department.


Source: http://www.infotaxsquare.com/view_article.php?id=218
2773  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 04:48:45 AM
Is Butterfly Labs registered as a business entity? And in what state? Didn't come up in a Kansas search.

https://bitcointalk.org/index.php?topic=48863.msg619440#msg619440

"Corporate registry - The company is a 'C' corp registered in the state of Wyoming as BF Labs Inc.  Why Wyoming when you're not based there?  Mostly due to it's favorable tax and legal climate.  Operating in the same state of incorporation exposes the company to additional tax liabilities.  You might also find it interesting to know that the majority of US domiciled fortune 500 companies are either Delaware or Wyoming corporations for these same reasons.  Intel is a good example."
Hmm, learn something new everyday.
2774  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 01:32:48 AM
And yet, I couldn't give a fuck less about the IRS' point of view on the matter. They're a bunch of thugs and slave drivers, and political vendetta and campaign errand boys for the current administration. Zero fucks given about the IRS' opinion on this matter, which has precicely NOTHING to do with them. Wink
Why are you always so angry?

Relax and calm down a bit.

to



Please!
2775  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 12:50:58 AM
Thats not how the IRS sees it.
2776  Bitcoin / Hardware / Re: BFL creates new charity project to donate 1000 BTC to [ROFL!] on: June 10, 2013, 12:23:17 AM
Yeah, give it to Cklovias.

Or buy him a gold plated keyboard. For the low resistance to programing. Wink
LOL
I gave him the 10BTC since the donation from BFL was to "cgminer" and not "ckolivas" and he's a significant part of the team.
I understand,

But if you make the payment to Kano an investment opportunity, then Kano might just pay himself off in dividends. I am unsure though as I am not a programmer ANALyst.

You might also want to change the nature of the payment to a sponsorship. In this way Kano must always wear your logo or avatar wherever he goes.

(Im just joking)

2777  Bitcoin / Hardware / Re: [Call to arms] Why don't you destroy BFL rather than QQ? on: June 09, 2013, 11:32:09 PM
wrenchmonkey
Re: [Call to arms] Why don't you destroy BFL rather than QQ?
Today at 09:11:33 PM
This user is currently ignored.

wrenchmonkey
Re: [Call to arms] Why don't you destroy BFL rather than QQ?
Today at 09:16:16 PM
This user is currently ignored.

wrenchmonkey
Re: [Call to arms] Why don't you destroy BFL rather than QQ?
Today at 09:21:39 PM

wrenchmonkey
Re: [Call to arms] Why don't you destroy BFL rather than QQ?
Today at 09:30:27 PM

Etc. etc. etc.

Thank God for the bozo bin.
Alright, I will join in on turning my back on the monkey.

Has everyone forgotten the fiasco that Josh had (repeatedly) with not even knowing when their chips were coming out of the fab?

It was a multi-month long show that lasted from October till sometimes in March. Then the next fiasco took place. They had no real idea what they were doing with the packager (the next stage after the fab). And of course (predictably, if you knew the setup BFL was using) that they were going to face issues with packaging their naked chips. That alone lasted (up until April or May).

So then, it would seem that they lost their lead in the industry. Again, irrelevant to the question (and obvious answer in the affirmative) that they WERE a leader in ASICS and, if we want to take it a step further, FPGAs, as the time of the publication of that article.

(BFL a market leader in ASICs? What a joke!)
2778  Bitcoin / Hardware / Re: [Call to arms] Why don't you destroy BFL rather than QQ? on: June 09, 2013, 10:20:50 PM
I'm not deflecting. Let me get this straight. You're saying that people who subcontract don't count as part of an industry?

This statement is true.
If I subcontract out to Volkswagen for 100% of the work designing and manufacturing my automobile, then I am not a leader in the auto industry. I merely bought a car that was the color I wanted.

This is the 5th time this question has been answered for you. Get someone with a double digit IQ to explain it to you.
Or tell BFL to hire a better shill.

No, but if you subcontract with Boeing and Volkswagen to design a turbine-engine-powered car that can break the current world speed record, and you call your car company "K9 Motors International" and you pre-sell a million units, and it drives the entire automotive industry toward modeling your idea, and utilizing turbine engines in their vehicles, even before you deliver your first unit, "K9 Motors International" can claim to be a leader in the turbine-powered automobile industry. Wink

Neeeeext!
Thats called a partnership.

Most companies with such large contracts usually put the logos of partners (sub-contractors if you wish) and advertise it all over the place.

Some companies specialize in specific tasks. Like Boeing specifically deals in the aerospace industry. So does Lockheed Martin. (I haven't kept up with who has bought who by the way)

It's fair to say we have partnered up with a company that has lots of talent in designing microprocessors, specifically ASIC microprocessors.

-------------------

It is untrue to paint your own company as having experience in a field where it clearly did not (notice I used past tense and hindsight).

BFL's delays were caused (mostly likely) because they didn't have the experience they claimed to have. Probably not under the same roof. Therefore, the outcome was kind of obvious. All the essential processes were seemingly outsourced, this resulted in vast delays and problems that may have been cured quickly if not done by proxy.

Has everyone forgotten the fiasco that Josh had (repeatedly) with not even knowing when their chips were coming out of the fab?

It was a multi-month long show that lasted from October till sometimes in March. Then the next fiasco took place. They had no real idea what they were doing with the packager (the next stage after the fab). And of course (predictably, if you knew the setup BFL was using) that they were going to face issues with packaging their naked chips. That alone lasted (up until April or May).

Now, they seem to have finally got the hang of it. (Finally)

----------------------

Alot of this didn't happen at either ASICMiner nor Avalon.

Why is that?

By the way, bASIC used a very similar setup to BFL. Do you see them around today?
2779  Bitcoin / Hardware / Re: [Call to arms] Why don't you destroy BFL rather than QQ? on: June 09, 2013, 09:59:00 PM


So in order to be a market leader, you can't have outside help, or subcontracted components? Come on, you can't be real... Who put you up to this? Am I on Punk'd?

I'm going to take this as your lighthearted admission to being wrong.  Give yourself a pat on the back, it feels good to admit it once and awhile, doesn't it?

No, serious question. Are you saying that industry leaders are precluded from subcontracting? Apple will be totally bummed to hear this...
BFL is an industry leader?

What does that mean for Avalon or ASICMiner?



WAS, WAS, WAS, WAS, WAS. Are you retarded? We're talking about the state of things as they were at the time of the news article in question.

There's currently no clear-cut leader, although I think we all agree that BFL is falling behind. Once again, irrelevant to the discussion.

Is your ability to think in terms of the context of time completely broken? Who was the ASIC industry leader at the time of the article in question?
Please don't lose your marbles. Stay Calm. Please, STAY CALM!  Shocked
2780  Bitcoin / Hardware / Re: [Call to arms] Why don't you destroy BFL rather than QQ? on: June 09, 2013, 09:57:04 PM


So in order to be a market leader, you can't have outside help, or subcontracted components? Come on, you can't be real... Who put you up to this? Am I on Punk'd?

I'm going to take this as your lighthearted admission to being wrong.  Give yourself a pat on the back, it feels good to admit it once and awhile, doesn't it?

Yes. I am wrong, give me a moment to get my backpedal up to speed.

FTFY. Factsies are a downer aren't they?

What facts?

I'm asking a simple question, and you're dancing around it. Are industry leaders allowed to subcontract out, or not?

Also, dropt, not that it's really relevant to your inane argument, but what's the origin of the cited article? Was the article written by BFL? It appears to be 3rd party statements you're nitpicking, which even further weakens your point. Regardless of whether you ACTUALLY believe that industry leaders aren't allowed to do any subcontracting.
Lets put it this way, Josh has often made the point himself. (In his numerous excuses and delays)

Because they subcontracted they had less control over the schedules and often had to wait in line to get their own project done.

Therefore, the subcontracting is why June and July Jalepeno's (Bitforce 5) have only recently shipped. Almost a year later from the first pre-orders. (Rather than 2 months after the first pre-order)

Everyone else, had close ties to their manufacturing process and/or engineers. So weekends probably didn't matter.

Fair enough? (In other words are you willing (yet) to accept this reality?)
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