Bitcoin Forum
May 25, 2024, 04:29:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
521  Bitcoin / Hardware / Re: Butterfly Labs 30 day countdown to the end of September on: September 02, 2013, 02:56:14 PM
Your posts give me such laughs... First you comment on it taking 5 minutes to build a unit and then apply that across all product lines.  I can see a Jalapeno going together in 5 minutes... I can't see a mini-rig being built that fast unless they just dumped the boards in there and shipped it letting the customer build it themself.

Now "TO BE FAIR" you are expecting the backlog to include every order to date, months after the estimate was originally made.  Wow, I nearly choked laughing over that one.  The true backlog is the pre-orders made before the price change, even though you and many others refuse to accept it.  The Jalapeno will handily ship all the pre-order backlog by the end of this month, and the LS should also be up to that point.  The mini-rigs may hit that deadline, depending on how many were ordered after the initial glut.  I have a feeling >60%(My gut says 75% but I am hedging at 60) of all 1.5TH mini-rig units were ordered prior to Sept 2012.  The singles will not however make it unless there have been far more refunds and upgrades to Monarch than I have calculated for.

Keep up the good work though, I do so enjoy comedy.


ok you are right, not fair to say mini-rig takes 5 minutes.
So you are saying the backlog ends at the beginning of April?
So what are the non-delivered, non-manufactured orders placed after the price change called Josh?
The sucker orders?
1) Not Josh.  I know I'm beating a dead horse here, but still, not Josh.
2) The statement *I* read said something like "We expect to clear the backlog by September and then will ship to order".  *I* took this to mean they would finish shipping the backlog of pre-orders and then start shipping actual orders made since then.  April was when they had the chips in hand and knew the added cost from the missed power/GH specs and took down the pre-order prices and put up selling prices.
3) Orders.
4) Only if you ordered.
522  Bitcoin / Hardware / Re: Official ASICMINER Hardware Information on: September 02, 2013, 02:42:12 PM
I agree, ASCI miners are now stooping to ripping off coupon customers as well. What a nice thank you tricking people into spending money just in time for you to completely devalue them. You really care about your customers!
They've been ripping off customers since May and you are only figuring it out now?
just compare the 10GH/s miner's price now, and the price on the release..
So they got 1 product right... how many of those are avaialble for sale???  They aren't selling tens of thousands of the blades as they have been the erupters that they keep screwing people over with, even though it keeps looking like a better deal with each price drop.
523  Bitcoin / Hardware / Re: BFL announces 28nm 600GH/S blade for $4680 on: September 02, 2013, 02:25:22 PM
Who else here has noticed that Butterfly Labs has been falsely advertising their planned 28nm product as decisively better than what actual competition offers?
Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :

BFL Monarch $7.80/GH @ 0.6W/GH  ----  "The Competition": at least $17.50/GH @ 2.5W/GH

This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)

On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.

Simple enough:

BFL Monarch $7.80/GH @ 0.6W/GH  ----  "The Competition": at least $17.50/GH @ 2.5W/GH (As of <insert date>)
524  Bitcoin / Hardware / Re: BFL - The Monarch, Production Update & The 28nm Transfer Program LoLx on: September 02, 2013, 02:09:37 PM
http://mining.thegenesisblock.com/a/04a477c2fa

Code:
Break Even Period:	No break-even in first year	Total Fixed Costs:	$7180
Max Profit: $ Monthly Power Costs: $7.56
Month Difficulty (MM) Time per
Block (days) Monthly Revenue Monthly
Profit Cumulative
Return
Feb-14 1954 162 $636 $628 $(6,550)
Mar-14 3439 285 $361 $354 $(6,200)
Apr-14 6053 502 $205 $198 $(6,000)
May-14 10654 883 $117 $109 $(5,890)
Jun-14 18751 1554 $66 $59 $(5,830)
Jul-14 33002 2734 $38 $30 $(5,800)
Aug-14 58083 4812 $21 $14 $(5,790)
Sep-14 102226 8470 $12 $5 $(5,780)
Oct-14 179917 14906 $7 $-1 $(5,780)
Nov-14 316655 26235 $4 $-4 $(5,790)
Dec-14 557312 46174 $2 $-5 $(5,790)
Jan-15 980869 81267 $1 $-6 $(5,800)

Never make that money back on this unit... do not pre-order
This post should become its own thread.
It's so realistic!!! 1 trillion difficulty by Jan 2015!!! 
525  Bitcoin / Hardware / Re: Official ASICMINER Hardware Information on: September 02, 2013, 01:49:59 PM
I agree, ASCI miners are now stooping to ripping off coupon customers as well. What a nice thank you tricking people into spending money just in time for you to completely devalue them. You really care about your customers!
They've been ripping off customers since May and you are only figuring it out now?
526  Bitcoin / Hardware / Re: Butterfly Labs 30 day countdown to the end of September on: September 02, 2013, 01:47:23 PM
Will anyone take the "Yes" side if someone were to set up a bet?

I'm willing to bet 2BTC that they won't even clear the Jalapeno backlog and that's shipping the fastest out of all units. Any takers?  Grin

can you clarify the exact terms of this bet? What do you mean by 'backlog' and also is this by end of September 2013?  If someone orders a jalepeno on September 30th and they don't deliver that until early October, then does this count as not clearing the backlog?

Will

Ok to be fair, let's say that by the end of Sept 2013 they ship all orders from Sept 1, 2013 and BEFORE

(In my opinion they won't even make June of 2013 but that is just me)


Your posts give me such laughs... First you comment on it taking 5 minutes to build a unit and then apply that across all product lines.  I can see a Jalapeno going together in 5 minutes... I can't see a mini-rig being built that fast unless they just dumped the boards in there and shipped it letting the customer build it themself.

Now "TO BE FAIR" you are expecting the backlog to include every order to date, months after the estimate was originally made.  Wow, I nearly choked laughing over that one.  The true backlog is the pre-orders made before the price change, even though you and many others refuse to accept it.  The Jalapeno will handily ship all the pre-order backlog by the end of this month, and the LS should also be up to that point.  The mini-rigs may hit that deadline, depending on how many were ordered after the initial glut.  I have a feeling >60%(My gut says 75% but I am hedging at 60) of all 1.5TH mini-rig units were ordered prior to Sept 2012.  The singles will not however make it unless there have been far more refunds and upgrades to Monarch than I have calculated for.

Keep up the good work though, I do so enjoy comedy.
527  Bitcoin / Hardware / Re: BFL Single air flow? on: September 02, 2013, 01:32:31 PM
I think the best solution for sound here is remove the case and all fans, then place 2 singles next to eachother and put one big fan on top that covers all 4 heatsinks. Also why are all top mounted fans blowing DOWN?? Heat naturally goes UP!!
The heat will go naturally up... the fins of the heat sink.  The narrowness of the fins combined with their height gives a lot of surface area for the radiation of heat off of the fins.  Many Jalapeno owners have already stated that the stock position of the fan (blowing up, thereby pulling air through the fins) results in the system running several degrees hotter than if the fan is blowing down into the fins.  It is much easier to get a uniform airlfow by pushing air than by pulling it. 
528  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: September 02, 2013, 01:19:35 PM
I have paid out the final payment for BFLS shares, everyone should have received .026 BTC per share.

BFLS and it's derivative are now closed permanently.  Server, I'm sorry if this upsets you, but it really is the best thing for everyone going forward and nets a tidy profit for everyone who held shares.  Each $600 units worth of shares has paid back $759.2 + whatever it's earned over it's lifetime, which is not an insignificant amount and is > 100% profit on the investment.  I think that's pretty good for a little over a year, personally.

For each share of BFLS.RIG, I paid 0.5 BTC. And over the past year, I made 0.28261 BTC per share. With this measly 0.026 BTC payout, my total returns per share is 0.30861 BTC that I paid 0.5 BTC for. In terms of BTC (since that's what I and most people paid these shares with), these shares lost 40% of its value. What a deal!

So no, it's not pretty good. I bought these shares expecting it to at least make back the cost after ASICs came out. Inaba, you really disappointed me. BFL not coming out with ASICs last year was bad enough already. You deciding not to convert your BFLS and BFLS.RIG miners to ASIC as you had promised really puts it over the edge.


So, if the price of BTC today was $0.50 and he gave you back .7BTC would you be happy?
529  Alternate cryptocurrencies / Mining (Altcoins) / Re: [XPM]unofficial jhPrimeminer thread on: September 02, 2013, 12:12:31 AM
still waiting for any solo client...
hp10?
NO, I mean real miner, like the ypool miner. All hp are crap. I waiting for jhPrimeminer for solo. It was promised from long time, and when the pool is down is best time to do it.
That -hp crap, as you call it, mined over 110 XPM for me in the last 14 days.
530  Bitcoin / Hardware / Re: [Guide] Comprehensive ASICMiner Blade Setup on: September 01, 2013, 08:09:20 PM
NO. This is not how electronics work. Do not use anything but 12V.

What do you know about electronics?  What's the P/N of the DC/DC Regulator?  You might very well be able to throw 24VDC at it.
Applying 24VDC to a regulator expecting 12VDC is never a good idea.  The purpose behind a regulator is to produce a consistant output even with minor variations in the input.  This generally means you can work with 10-14VDC and see no ill effects, but expecting it to reliably work when you double the voltage is not exactly smart.
531  Bitcoin / Hardware / Re: Butterfly Labs 30 day countdown to the end of September on: September 01, 2013, 05:29:22 PM
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.
The calculator over at http://mining.thegenesisblock.com/, while informative, is vastly overrated.  The difficulty will start tapering off around January, not scream up to the insane levels thys currently show.  While 1 billion difficulty is possible, 30 billion in 12 months is like expecting BTC to hit $1,000,000.
532  Bitcoin / Hardware / Re: ASIC USBs for 0.2 BTC... Is it good or bad! on: September 01, 2013, 05:24:03 PM
https://www.bitmit.net/en/item/56223-usb-block-erupter-asic-miner-bitcoin-fpga-blade-bfl-avalon-new

This person, on bitmit, is selling the USB ASICs for 0.2 BTC.

I have heard that the mining power of USB ASICs are not good and I should not buy, but this price is low.

Is it a good deal?
At that price, with current difficulty rising, you  *might* break even by Jan... I'm still waiting for $1 each, but they will prob only make $.75 by then.
533  Bitcoin / Hardware / Re: [Block Erupter USB]Low Price, Limited Quantity on: September 01, 2013, 03:01:22 PM
Where is the price 0_O
Exactly... have they dropped to .01BTC yet?
534  Bitcoin / Mining speculation / Re: [POLL] Should Butterfly Labs (BFL) get a Scammer tag? on: September 01, 2013, 02:06:55 PM
At time of writing, 77.3% of a sample size of a thousand think they should get the tag. Where is it?

It's tucked away nicely under the rather large pile of money BFL has thrown at this forum.
I doubt BFL has shipped 23% of their total orderbook (especially since 50% if it seems to have happened from Mar/Apr 2013).  This means there are still people who have not received a unit that don't think they are a scam.  If public opinion mattered, Casey Anthony would be in Jail, Michael Jackson would have been in jail and probably never died.  Since there is a burden of proof here, it really doesn't matter what the public THINKS.

So the fact that BFL is breaking FTC regulations is irrelevant?

BFL is illegally withholding customer money by not honouring order cancellation when the customer asks for it.  That alone is worth a scammer tag (if it still existed).
That is a legal question and we do not have a legal answer at this time.

Hogwash, this is a forum not a court of law.  Let me ask you this, was bASIC (cablepair) scam tag tested in a court of law (ie was it a legal question with a  legal answer), how bout MNW was that also a legal question tested with a legal answer.  How about all the other scammer tags that had legal questions that did not have an official legal answer...

Hell by your theory until recently when the SEC formally charged pirate he had a legal question with no legal answer so he should not have had a scammer tag...
You are also comparing a person against a business.  You can point to monies given to bASIC and nothing received back.  Since BFL is shipping, albeit slow, the same cannot be said.  The 'scam' with bASIC is easily pointed to and proven, the FTC complaints filed have not run their course and are technically still unproven.  Up until BFL is shut down by the FTC or they close their doors and walk with the money, it's still speculation.  Just because 800 people believe something to be true doesn't make it so.  The 1000 votes you have on this subject is a small fraction of the entirety of BTC miners, yet you are willing to let that small fraction decide the outcome.  That's be like the US drawing a single county from a single state and letting them decide the next President.

bASIC ran his most if not all of his 'operation' here, thus it is fair for the voices here to decide.  BFL advertises here and elsewhere and has their own site.  Why should this little corner have the ultimate say?
535  Bitcoin / Mining speculation / Re: Did someone just put 100TH on the network??? on: September 01, 2013, 12:46:55 PM
I had predicted 1PH on the network by today when I was looking at all the different companies and their claims a bit over a month ago.  If this 800TH is not just a spike, it looks like I'd have been on the low side if Avalon had actually shipped.
536  Bitcoin / Mining speculation / Re: [POLL] Should Butterfly Labs (BFL) get a Scammer tag? on: September 01, 2013, 12:03:19 PM
At time of writing, 77.3% of a sample size of a thousand think they should get the tag. Where is it?

It's tucked away nicely under the rather large pile of money BFL has thrown at this forum.
I doubt BFL has shipped 23% of their total orderbook (especially since 50% if it seems to have happened from Mar/Apr 2013).  This means there are still people who have not received a unit that don't think they are a scam.  If public opinion mattered, Casey Anthony would be in Jail, Michael Jackson would have been in jail and probably never died.  Since there is a burden of proof here, it really doesn't matter what the public THINKS.

So the fact that BFL is breaking FTC regulations is irrelevant?

BFL is illegally withholding customer money by not honouring order cancellation when the customer asks for it.  That alone is worth a scammer tag (if it still existed).
That is a legal question and we do not have a legal answer at this time.
537  Bitcoin / Mining speculation / Re: Did someone just put 100TH on the network??? on: September 01, 2013, 02:20:49 AM
Global Hashrate is an estimate based on pace of blocks solved for the current difficulty.  If they use different algorithms they will get different results.  While not real-time, the difficulty is a better measure as all the nodes agree on it.  I personally am a fan of the http://allchains.info estimated difficulty.
34 blocks in just over 2 hours, that's like 4 min per block.  We either had a lot of lucky people or there's some new game in town.
538  Alternate cryptocurrencies / Altcoin Discussion / Re: [XPM] Working on a GPU miner for Primecoin, new thread :) on: September 01, 2013, 02:07:38 AM
Congrats mtrlt!  I can't imagine that was an easy job, but I'm happy you were able to complete it.
539  Bitcoin / Mining speculation / Did someone just put 100TH on the network??? on: September 01, 2013, 01:21:12 AM
I just looked at blockchain.info and they show a current level of 761,549.60 GH/s.  https://ghash.io/ is only showing 115TH, did another company get something online today?
540  Bitcoin / Hardware / Re: Do we want to continue to allow various vendor hate in here? on: September 01, 2013, 12:39:41 AM
Bit coin mining AS killed people. One that springs to mind is the dude that was sleeping in his mining room and died through heat exhaustion. So I'm sorry to say your wrong. Bit coin mining AS killed! :-)

Impressive that he was able to post on a forum after he died.

I've looked for the article but Google is so fixed that it just wants to show bitcoin is dieing! No surprises there! Of cause he didnt report his own death though, How does your brain work to even suggest such a thing!!!

He didn't die, he just posted on a forum claiming he suffered from heatstroke while he slept.

Well your not obviously on about who i am! Jesus! Give me strength!
Did you die and leave your ghost to post?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!