0.02297025 by my calculation. I'm happy to use escrow as well  So that is 215 weeks to recover the 4.95. I'm not sure it is such a hot investment. I rather buy new blades... I see this comment a lot. Why don't people understand how dividends work? Or why don't they take five seconds to Google it before saying something this stupid? I did not say anything stupid. You just did. |
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Of course to find a "BFL" legal entity or an individual to take to court is a different matter entirely, as far as i know bfl is completely anonymous, just some website ran by a bunch unknown individuals. There is no legal LLC or legal ownership established. So who are you going to sue to get your money back if paid via btc or wire? Only way is to go through the criminal route, but the feds wont even look at it if it's less than 7 figures, and if the individual are outside of the US you can completely forget about it.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=149144214231010201167112190255028042109060235081BFL is a US corporation, but the owners are unknown. Directors are listed under "Parties" in the link you provided. They are probably the sole owners. President / Director CHRIS VLEISIDES 2507 JEFFERSON KANSAS CITY, MO 64108 President / Director Nasser Ghoseiri https://maps.google.ca/maps?q=2507+Jefferson+Street,+Kansas+City,+MO+64108,+United+States&hl=en&ll=39.080216,-94.587178&spn=0.007104,0.016512&sll=39.081892,-94.592591&layer=c&cbp=13,73.33,,0,-4.71&cbll=39.08191,-94.592809&hnear=2507+Jefferson+St,+Kansas+City,+Jackson,+Missouri+64108,+United+States&t=m&z=17&panoid=1reGHDNoXchP-QvCXIXP4A |
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This file loads ok in my environment (using cgminer 3.1.0). I submitted few shares to your account... You should probably remove "lookup-gap" : "0,0", "thread-concurrency" : "0,0", "shaders" : "0,0", as they apply to scrypt mining. If you are using the same parameter value for both cards, you can specify one value that will apply to both cards. Use either gpu-memdiff or gpu-memclock not both. |
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All sales are final is in itself illegal. As long as they can't deliver the item on the day you want your refund they have to give you the refund. That is common business pratice and even law in some countries...
Any good lawyer or judge will tell you its all in the wording, and BFL uses it well. And I quote " Bitforce SC (ASIC) products are shipped according to placement in the order queue, and delivery may take 2 months or more after order. All sales are final." The statement of "2 months or more" makes denying you a refund legal. The only way it becomes illegal is if they never deliver the product....ever. If they discontinue the item and say that it will never ship, THEN you are legally owed a refund. But, when you paid for your item, they essentially told you it would take at least 2 months. They never promised before a certain time frame. Some people have been able to successfully get refunds, and that is totally at the companies discretion. Its no different that buying a product with a warranty, and then that product breaking after that warranty has expired. They company promised that under normal use, their product will last ATLEAST that long. Anything beyond that, they do not have to fix/repair, but if they choose to do it then thats their own discretion. Same also applies to returns and countless other policies in place everyday. I guess you'd have to argue what is a "sale". Some might say that sale occurs when the payment is made and product is delivered (sale is completed). Anything in between is not a sale. "All sales are final" might refer to "no returns of working products, and/or refunds for any reason". "2 months or more" might refer to many months (6-7?), but probably not years. |
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0.02297025 by my calculation. I'm happy to use escrow as well So that is 215 weeks to recover the 4.95. I'm not sure it is such a hot investment. I'd rather buy new blades... |
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0.02297025 by my calculation. I'm happy to use escrow as well So that is 215 weeks to recover the 4.95. I'm not sure it is such a hot investment. I rather buy new blades... |
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really?
What is the weekly dividend?
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I should really think about making a BFL miner +1 Once BFL start shipping the chips, everybody and their mothers will want BFL miners not Avalons because of BFL's higher density and lower power consumption. IMHO. I would not bother with Avalons. The only question remains: Will BFL actually deliver? |
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In-Stock Re-Seller (exclusive) is not always cheaper than non-exclusive.
Exclusive resellers can try to lock/corner the market. Might work for some, might backfire for others (who fail to understand how prices are discovered in the free market).
Any exclusive resellers outside of bitcoin usually have higher prices than a guy in a van down the river.
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IIRC, cooling was not the issue with putting 8 chips on the board. The issue was that the board couldn't give enough power without frying itself. The board was only originally designed for 60W, and the current Jalapenos are pulling 30-35W. You could throw all the giant heatsinks you want at that board, and it won't handle the 250-300W it would take to power 8 chips without frying itself.
crazyates, So the PCB that BFL_Nassar released is for Jalapeno? https://forums.butterflylabs.com/announcements/3295-bitforce-sc-pcb-schematics.html |
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You probably want to redesign the board because it's supposed to support 8 engines but only actually supports 2.
Not sure I understand. Each chip supports 16 engines @ 250 MHz, there are 8 chips on the board. Where did you get 2 engines from? |
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how will the credit program be incorporated into this group buy?
You would transfer the credits to my email address, and the cost for chips would be lowered. Interested. Are there any shipping limitations? Slovenia, EU?
EDIT: not sure if you have this data but how much is necessary to pay at once? Full or half price?
Half price for the chips now, the remainder later. There aren't any shipping restrictions, but I can't speak to what your country will do for duty/tax. What country are you based in?
What country are you based in? +1 As MXRider said, I am in Canada. The actual procedure for getting the chips is still up in the air (pun partially intended). At this point, the group buy is getting serious enough (a couple thousand chips possibly) that I might end up flying to the US to acquire them and for those that are interested in having the chips assembled get that process underway immediately. For those that aren't, chips would be shipped out from there to avoid me having to import them into Canada. Not sure why you want to redesign their 8 chip ref. board. All is there. I can't find BOM, I guess you can get it from PCB+schematics, but it would be nice to get the actual part numbers+sources. 4pcb.com would do this board. I have not run a quote, but I'm guessing $15 |
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Those sinks will not fit in 10+ hubs, like Anker. Just blow air at it, they are cool to touch.
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What kind of cooling are you using for this room?
12 tons of high powered dc hvac. How much power does each unit actually take?
Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food. That is amazing. BFL came through. 500 Gh/s!!! Can be run from a double pole 15A circuit. Very nice. |
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with the new blades coming at the end of the month, i doubt someone will pay u even 18 BTC for 5 GH
+1 |
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Join my second group buy. BTC1.96/unit
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I bet Gen 2.0 ASICs will not be released to the public. 2.0 ASICs will be used to mine privately. They already have the resources to do it. Maybe they will sell shares, if they get bored or BTC price drops back to $10. No, they will release it to the public. If they mined all themselves they would kill bitcoin and they know it. Us spectactors having any kind of ROI from avalon 2.0... that's another story. We'll see, I guess. re: Them killing bitcoin with 2.0? Do you think ASICMiner guys will sit and watch? They are probably finishing work on it right now. So forget 51% boogeyman. Judging from what Yifu crew have experienced after Avalon Batch#1, they know what 2.0 will be capable of, chances are pretty high that they will mine the shit out of it. Bitcoin will not be "killed" because someone has faster hardware. Mining by little guys will be killed for sure, but not bitcoin itself. It is already happening right now, only people with deep pockets can stay in the mining game. I think this trend will continue and maybe even accelerate. If you want decentralization, you need to release the hardware and the chips. The prices of both will plummet, but at least you'll have more democratic, decentralized hashing power. BTW, if they do that, the payback times will move to 1-2 year plus. So don't expect getting rich mining bitcoins. |
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The root of all these problems -where and if they exist- is a hundred dollar bitcoin. When BTC were ten bucks, then the decision to sell spades to the miners was no-brainer; the "mine" only produced $36,000 a day total. But now the mine produces over a third of a million dollars a day.
If one has a room full of the tools to grab a big chunk of that bounty for a few days, well... The kids have been waiting so long already, whats another week or two to them?
Yes, what you are talking about is reality. But as a company selling products, it is really suitable? If they wanted to test, they would have used the test network. If they are on live, real network, they are mining for profit. Nothing wrong with that. I bet Gen 2.0 ASICs will not be released to the public. 2.0 ASICs will be used to mine privately. They already have the resources to do it. Maybe they will sell shares, if they get bored or BTC price drops back to $10. |
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Lowered to 90 ASICMINER shares direct or PT on btct.co for 1 unit. PM me if you are interested
You want BTC270 for 1 unit? ASICMiner shares go for about BTC3... |
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You realize that by September people will have other options.
Your BTC80 sounds like a good deal if you ship next week not in September.
You should produce them, then auction them; like ASICMiner did with their blades few months ago.
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