Thanks for the links but they are wrong. If you are mining .1 a day with 5GH you really need to switch your pool or pound your head into a wall becuase you are getting fucked by your pool. I'm just looking at my own stats plus btc earned a day.
You must be a new miner. Welcome to the up-side of variation, aka good luck. Later you'll get to know the down-side, aka bad luck. |
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.2 is about right for 5gh.
Try again. It's .12. |
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Well, Josh is an expert in missing targets. No one has missed more shipping dates, target specs, than he has. |
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PPS in it's purest form requires the sending of small amounts. Now, you can argue for various modifications to pure PPS to overcome this particular problem, but fundamentally it kills pure PPS pools. It makes it impossible to get paid for 1 share (quite a bit more than 1 actually, but it's the same issue), so the pool is no longer PPS, but PPsS.
1 share is worth about 1/100th of a penny. I'm ok with bitcoin not being able to flood the blockchain with .01c payments. |
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Is this hardware error target per module? If one module has 3% error, and the other 2 modules have 0% error, that would be fine. |
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I like how Asicminer is going business. I won't buy any of their hardware simply because the price is outside my comfort zone on ROI. They did good this generation. But there's a new generation right around the corner that will obsolete them unless they upgrade.
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Interesting thing to note that two of the pcb boards are completely made from Avalon chips named Beehive.
A demo was done with a single original Avalon board, then a single Beehive board, a mix of both Avalon and Beehive together. Then to show off the overclocking abilities of new board designs they went to 320 MHz with the new Beehive board. HW rates were kept low perhaps to indicate stability of both the hardware and the pool. The dual board setup reached 48 gigs comfortably.
Most people are running their stock Avalon boards at 350 MHz, so 320 is quite disappointing. |
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Not just that. Inaba attacked Avalon and bASIC for not having certification while claiming that BFL was going to have it.
He also hassled Tom about bASIC energy claims. Let's see what Tom had to say. https://bitcointalk.org/index.php?topic=79637.msg1273803#msg1273803Sure I can post a "simulated" or "estimated" power usage number - but its not going to be accurate. You really think BFL is going to give 1Gh/s per watt? keep dreaming.
These energy efficiency numbers from my competitors are simply estimates and are not going to be accurate.
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Fast-Hash-One now available in the VMC Store for 20% off now thru July 7th:
That's a creative use of the term "now available". |
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BFL has repeatedly missed target dates. OK, frustrating and disappointing. But if you don't like it, get a refund. It's not a "scam" if you're free to get your money back at any point.
And now that they are refusing refund requests, I guess you agree they have successfully risen to scam status. |
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2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.
100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
30k USD invested earning 1k per day seems to be an ok deal. Please don't start with but 2000btc is worth so much more now. Everyone can hold as much or as little btc for long term speculation as they like. Having said that no preorder should take a year to ship that's just silly. 1 BTC is worth 1 BTC. Paying 2000 BTC to get less than 2000 BTC is a bad deal. |
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The website now says at checkout that all sales are final.
The website has always said that, but they have stated time and time again to not worry about that. They will refund anyone. Well, Inaba lied. Again. |
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On an order placed 2-3 weeks ago, yeah, I see no problem with holding him to the "no refunds" policy, unless their delivery time gets pushed back for a long time (as has happened with previous orders).
Really? You have no problem with them promising refunds publicly, and then switching without warning to a "no refunds" policy? If a customer wants a refund, we issue a refund. End of story.
BFL refunds anyone who asks. We always have.
Their official policy is pre-orders are "non-refundable".
No luck involved. Email office@butterflylabs.com and we will happily refund your order at any time. It's always been that way. I know, for my part, I would not want a device that runs at 200w at 60 GH/s - it would never see a positive ROI.
LOL. How's the crow taste? Why are you selling devices that will "never see a positive ROI"? |
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Or... maybe there's just nothing to find and BFL isn't some sinister black box that some people so desperately and pathetically want it to be? Ever consider that option?
So why all the secrecy? Why not just answer some of the easy questions in the article? Ghosieri also told Ars in a Skype interview that there are “under 10 owners,” but “I can’t really say what exact roles there are." And he could not or would not describe precisely what Chris and Sonny actually do for the company.
Who are the owners of BFL? What do Chris and Sonny actually do? Who owns the Bitcoin Development Fund? What is its official status? When are you going to donate 1000 BTC to actual charities? |
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With 13% increase of hashrate 333MHash/s gives approximately 0.12/(1+0.13/2)=BTC0.11
Furthermore, the difficulty nowadays changes not in 14-days period, but in 12-days { more precisely in 14/(1+0.13) }.
So you can make BTC0.11*(1-0.885^30)/(1-0.885)=BTC0.932 in one year.
13% is a very optimistic view. The last 10 difficulty increases have been roughly 20% per adjustment. |
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Fine, but this will make people QQ later when the prices change.
As of today, 27th of June, offers should be 35-40.
New USB miners used to be 2 BTC, and their price was just dropped to 1 BTC. New Blades used to be 50 BTC. Best of luck getting more than about 25 BTC. |
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You will need stronger, faster, better machines just to mine a few coins after that.
What if the price of Bitcoin stays at around $100 ... yet the difficulty skyrockets?
Then the network is more secure against 51% attacks. That's a good thing. |
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Avalons come with several (3-4) modules. Can each module be clocked individually?
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I found a bunch of random third-party sites tossing around the figure of 282 (MH/s)/chip. If somebody can post a link to someplace where Avalon or one of their employees verifies this, I can finish adding them. Either hashrate per chip or hashrate for a specific product along with the number of chips in the product (which is the other number that's way too hard to find…)
At 282 (MH/s)/chip they would be η=2,909 slightly better than bifury but still behind BFL.
The stock Avalon firmware comes with settings for 282 and 300. Third-party firmwares are overclocking to 350 and above. |
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 I like the creativity expressed in the naming of speed choices. Please add 450 MHz as Ludicrous speed |
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