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3781  Bitcoin / Hardware / Re: I recently ordered a jalapeno - and I have questions on ROI on: July 14, 2013, 08:18:46 PM
Soooo, because a handful of people who may, or may not be in on the scam report getting machines from BFL, they should now be trusted even though tons of other people have been waiting for almost a year now??
See my edited above post.  If your implication is that the OP has ulterior motives in his post, I won't challenge that now.

no ulterior motives here, im just curious what others think. (I have my own opinion, which is that if it delivers quickly i may get ROI and then have hardware that in future either can be resold (look at ebay - $2000 for in-hand units right now!) or become collector/conversation pieces)

Obviously, i want the greatest ROI possible, but understand if i fall slightly short. I personally feel that some forum users are very liberal in their 100M+ difficulty for october, since many asic makers are slow to deliver and GPU and FPGA miners (profitable or hobby) will take their devices offline.

I've spread my risk (K16 order, jally order, Bitfury order, ASICMINER shares, AMC-pt shares) and of these options, BFL is the most questionable. Every day i feel torn between seeing them ship out the jally units that are between june 2012 and my own order, and demanding a refund via BFL/paypal.


tbh, my going plan is that i will use my K16 and jally miners to make at least a 50% ROI and then determine whether it will be more profitable to resell them or continue mining (bitfury *presumably* will be the most profitable, upgradable option since i got the august kit and october board)



with regards to the chip quality of 5G vs 7G, thanks for the clarification. it makes me much more wary if the difference is simply related to the quality of the chips, which could spell bad things for lifespan. Is the issue ongoing in all thier chips, or was it just a first-batch issue (ie: by the time my jally is prepared, chip quality will be up to par at 6G+)?
3782  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 14, 2013, 05:39:23 PM
So if the difficulty rises to non-ROI levels before these ship we can get a refund? I am mostly worried about the October orders as that is going to be an insane time with so many companies slated to ship by then.

I beleive these are capable of ROI on the august 25G kit, and 25G H-boards for october should have no problem making 1.5-3x ROI if things work out well. There is a lot of cost that is sunk in the m-board/RPi though (roughly $800 IIRC), which means using additional H-boards is the way most people will make the larger profit margins. (or least loss!)

however, the 25G kits in october may be a closer call. I beleive ROI is possible, but the timeframe may exceed the 4-8 months that most people are seeking
3783  Economy / Scam Accusations / Re: BF Labs Inc. IS stealing from their Bitcoin Development Fund! on: July 14, 2013, 05:30:24 PM
Them hero members, such an inspiration

really....

Its disspointing to see the public figurehead of BFL being such an aggressive, insulting character. I cannot tell if he is simply a bully or actually psychopathic. how does the rest of BFL allow him to participate in the forums if everyone he addresses walks away with a terrible taste in their mouths?
3784  Bitcoin / Hardware / I recently ordered a jalapeno - and I have questions on ROI on: July 14, 2013, 04:14:10 PM
I want to get an opinion with regards to my Jalapeno order, and here are some of the 'facts' in my head right now:

1) BFL is now shipping jalapenos, and seems to be focusing the most resources on them (i guess the least work to satisfy the most people)
2) BFL predicts that all jalapeno backlog will be erased by september
3) BFL has a track record of failure and lies with regards to status and shipping
4) If a 5GHash unit arrives by september, it could still pull ROI within 4-7 months (everyone has different calculations - im open to advice)
5) Paypal can be reversed/disputed up to 45 days from payment (or more in some circumstances), and BFL non-delivery is a valid reson to dispute based on paypal guidelines

so...

6) I placed a single order for a 5G jalapeno roughly 10 days ago. I did so because now seems like a relatively good time to balance the duration of the preorder and actually getting a unit soon(tm)
7) I anticipate it will arrive in time for me to reach break-even, or at least close enough that the hobby aspect makes it worthwhile
Cool I have eggs in a few baskets, including bitfury and K16 - each is a similar gamble (K16 is similar price and delivery timeframe)
9) I could theoretically get a refund through paypal up to the middle of august, when the delivery timeframe is more obvious

My question/concern is that BFL might take too long to deliver my jalapeno that the $300 invested on it returns <$250 in the first 6 months after electricity (I can accept a $50 loss in exchange for nifty looking hardware that may be capable of running small profits for another 3-6 months and/or effectively allow my to buy bitcoins via my electricity bill) I am watching actively now for any signals that i should either rest easy or hit the paypal 'dispute' button.

second question/clarification: what are the 7G version, just a ver.2 chip with better effeciency/heat, or a second parallel chip design? Is there any chance that un-upgraded orders ahead of me will clear out the BFL stock of 5G chips and everyone past a certain point will be given the 7G chips at less/no extra cost? (its a longshot, but a serious question based on thier quatities of each chip type and if they are still producing 5G chips at the factory)
3785  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 14, 2013, 03:55:07 PM
I'm seeing this:

Quote
Brand: Megabigpower.com
Product Code: BF-25GHB
Availability: 371

I think you're loking at h-boards, not the 25G 'starter' kit
3786  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 14, 2013, 03:54:31 PM

On the same topic, will the h-boards be upgradable? Say in 4 months bitfury designs a chip rated at 5GHash, could they mount 16 of these to an h-board (or an h-board Ver.2) and successfully connect it to the 25G august kit/m-board/RPi alongside the first-gen H-boards? (ie: you have the 25G august kit, a few october 25G boards, and then add a *december 75G board* and run the total at 125G without issues)

of course, they may simply decide to produce the 25G H-boards much more cheaply to match the going market value, but I am mostly concerned in upgrading in the coming 1-2 years when the current 0.8w/GHash chips become 'insignificantly slow' or 'impractically power-demanding' and I do not want the $1000 RPi/M-board to be entirely obsolete
3787  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 14, 2013, 03:51:14 PM
correction: 0 left...  Grin

Seriously though, was that just one buyer taking 395 (all but one??) at once?

It was mentioned earlier that the megabigower and bitfurystrikesback stores are based on the same inventory, and the amount of stock available is shared. Unfortunately the BFSB site doesnt show the remaining stock (25G kit only out of stock for aug, apparently october is left still), but if i recall correctly a few pages back t3hydra said something along the lines of 'in stock quantities are reported back and forth and may cause some miscommunication or jumps in available stock' (heavily paraphrased if someone can confirm)

Does anybody know what will happen if i buy more OCT H-boards at this time (i bought/paid for one about a week ago) - will they ship with the first i bought and be near the start of the shipping quue, or will they come as a second package shipped a few days or week later? I like the price and the testing results so far, but cant afford to increase my level of risk until they demonstrate a full prototype and/or start delivering the august kits.



On the same topic, will the h-boards be upgradable? Say in 4 months bitfury designs a chip rated at 5GHash, could they mount 16 of these to an h-board (or an h-board Ver.2) and successfully connect it to the 25G august kit/m-board/RPi alongside the first-gen H-boards? (ie: you have the 25G august kit, a few october 25G boards, and then add a *december 75G board* and run the total at 125G without issues)
3788  Bitcoin / Hardware / Re: Announcement - ASIC mining processor by Butterfly Labs on: July 14, 2013, 04:16:25 AM
You guys try so hard and fail at every attempt.  Does it suck to be such failure, or is it just "normal" for you and you don't know any other method of operation?  Do you lurch from one failure to another, wondering why the world is out to get you?  I've always wondered what it's like to be bad at everything you do, unable to succeed at anything.  It's actually pretty funny, keep it up!


heh..hehehehehehehe.ahahahahhahahaa...ahahhahahahahahahah  Grin     I have the feeling there is an entire year worth of customers waiting for a product that may feel similarly.


ps: i havent been following closely, but is 'Inaba' actually a BFL employee? I keep hearing so, but trolls be trollin'  Huh

https://bitcointalk.org/index.php?topic=97269.msg1071218#msg1071218


suddenly, it seems a lot less funny what Inaba said.  Sad
3789  Bitcoin / Hardware / Re: Announcement - ASIC mining processor by Butterfly Labs on: July 14, 2013, 12:12:38 AM
You guys try so hard and fail at every attempt.  Does it suck to be such failure, or is it just "normal" for you and you don't know any other method of operation?  Do you lurch from one failure to another, wondering why the world is out to get you?  I've always wondered what it's like to be bad at everything you do, unable to succeed at anything.  It's actually pretty funny, keep it up!


heh..hehehehehehehe.ahahahahhahahaa...ahahhahahahahahahah  Grin     I have the feeling there is an entire year worth of customers waiting for a product that may feel similarly.


ps: i havent been following closely, but is 'Inaba' actually a BFL employee? I keep hearing so, but trolls be trollin'  Huh
3790  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: July 12, 2013, 09:40:32 PM
€15000 + vat for 400Gh/s unit delivered in August.
€7500 + vat for 400Gh/s unit delivered in October.
Are they kidding me?

Yu can have 400gh/s KNC Miner Jupiter unit delivered in October for €6430 (including vat).

The good thing about BitFury Strikes Back is that are using already manufactured and working chips but it is stil too expensive.
 :-)

KNC draws more power per GigaHash if im not mistaken. That means the Bitfury device can keep hashing at profit for weeks or months after the KNC comes offline. (although the reward may be small, it could lead to an extra couple bitcoins in the end.
3791  Bitcoin / Hardware / Re: Mining Equipment Manufacturers -- New AM blades added on: July 12, 2013, 09:33:21 PM

I have no idea how or why you have all Klondike K16 units all at different ROI...

They're the same unit.

It makes no sense to me.


ROI is based on the unit cost. Not every K16 vendor is priced equally
3792  Bitcoin / Group buys / Re: [Closed]Avalon Chips - 0.081 BTC (Global+Escrow)-BATCH2 SECURED on: July 11, 2013, 09:27:14 PM
any updates? Its been a while since i sent payment... Huh
Klondike_bar,
Can you share a TX checksum, please? Or some detail about your payment? Please PM me.

Thanks

PM sent, though the concern isnt really my order in particular (i have email confirmation of payment), but rather the turnaround time. I am order # 138X, and am curious whether my unit will be made with batch1 avalon chips or batch 2 chips.

since the 'groupbuy' for batch 2 ended, there has not been much new info presented by you/AlphaHPC (i understand the klondike design is still not 100% finalized) and I just want to know if there is any news pertaining to chips/board/delivery timeframe
3793  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 10, 2013, 09:38:04 PM
It looks like most products are substantially cheaper when ordered for October delivery instead of for August delivery...except for the 25 GH/s starter kit.  Is $1850 for October delivery a typo, or is there a reason why that one's more expensive?  The 400 GH/s full kit is about 58% cheaper for October delivery than for August delivery, but the 25 GH/s kit is about 42% more expensive for October delivery than for August delivery.  If it were to be discounted the same as its bigger brother, it should be closer to $540, which would be a steal.  As things stand, a BFL Little Single would deliver the same hashrate at about two-thirds of the cost, and is about as likely to ship by then if ordered today.

The starter kit is meant to be a base purchase that allows you to add H-Boards for $450 (H-Boards are not available for purchase in August). In October, you don't order a bunch of 25GH Kits to increase your hashing rate. Instead you order 1 starter kit and a bunch of October delivery H-Boards. A few pages back Dave explained that the August starter kit was a promotional price to drive interest.

^this. The 'kit' includes a power/control board and arduino controller. The price increase was almost certainly a result of demand
3794  Bitcoin / Group buys / Re: [Closed]Avalon Chips - 0.081 BTC (Global+Escrow)-BATCH2 SECURED on: July 10, 2013, 07:30:46 PM
any updates? Its been a while since i sent payment... Huh
3795  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: July 10, 2013, 06:36:09 PM
WOW so many angry people here Smiley , well just to be clear here, I do not have enough Bitcoins to pay the order and sending money to exchanges to buy BTC is a pain in the ass, than the price is up and down so you always have to buy more BTC just in case, and also some company's do not provide enough answers so most people waits for the FAQ to have more informations which follow to paying or cancelling orders.  So why don't you people chill out a bit.

I ordered an august 25G kit and paid on the spot via creditcard. I didn't sleep on it for several days or 'claim' i'm waiting on bitcoin to be available (online or in-wallet) because I wanted the spot and I took it seriously.

Anyone who is trying to 'claim a spot in line' and then dissapear for days/weeks before deciding whether to pay should be bumped from the list after 24hrs to free up other spots for serious investors.

If you want to buy an ASIC, you have to be ready. This is very fast-paced right now and spots should not be held for those who simply want to wait and see if its worth completing the payment process
3796  Economy / Service Announcements / Re: [ANN] Bitfury ASIC sales in EU and Europe on: July 09, 2013, 10:15:29 PM
Thanks for the update niko!

A: Demonstrated max speed of chip is 3.4GH/s with c-scape quick proto board and massive cooling. This could perhaps be further increased with even better cooling and board design. On our kits the chips are under clocked however to produce better efficiency and easier cooling.

This is great news!  Grin soldering a different regulator on the pcb get's tempting if I added heatsinks...


that means that the chips can run at twice their advertised speed potentially!  Grin I can't wait to hear whether that becomes reproducible with the H-boards either via firmware changes or hardware mods/cooling
3797  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 09, 2013, 10:10:44 AM
Dave, any ideas when you'll be adding more 25 Gh/s August Kits in stock? Also do you have a time frame as to when you'll accept BTC payments?



august stock is sold out, i think its that simple...

again though, can the august deliery date be clarified? Will the first units ship by aug31, or will ALL units have shipped y Aug31?
3798  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 09, 2013, 10:09:39 AM
Why go up the starter kit for October! .?i can not understand

I imagine it is because of the high demand, but i agree it seems unreasonably high at $1850. $1300 would still be a pretty reasonable price
3799  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 08, 2013, 11:43:33 PM
any idea how many sold? I got order #13X, not long before they finished selling the pre-orders
3800  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 08, 2013, 11:34:56 PM
Haha, damnit. Was about to place an August order for a 25 kit. Oh well. Good luck to everyone that ordered, and hope everything proceeds smoothly for everyone !

Really nice seeing more options becoming available.

Now i feel good about taking the plunge  Grin     lets hope bitfury can deliver!
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