It explains why they would have money problems though, GF isn't really the "cheapest" place. They are among the best, though.
They got at least $7million in pre-order payments if you can believe http://bfl.ptz.ro/ which I don't. Is that what you call money problems? That all depends on how much of that they have spent. According to BFL, they have spent none of the pre-order money they have. Expensive chips eat into margins, which just doubled for BFL when they had to go from 1 chip Jalapeno's to 2 chips. |
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Dear IRS
I have a friend who's still on probation and he wants to know if it's okay for his company to create a "Development Fund" to launder a crypto-currency.
DHS is in charge of money laundering now. At least, that is what they said when they went after LibertyReserve and Mt. Gox/Dwolla. Clearly, the DHS will always make good choices when it comes to prosecuting Bitcoin related companies.  |
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No, BFL created their own charity
Actually, no. The "Bitcoin Development Fund" is not a charity. Your facts have no power over the Dancing Queen! Even if you go to http://www.guidestar.org/SearchResults.aspx and search for Bitcoin Development Fund and find nothing, it will not phase him in the slightest. |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
That's nice, but are you a "charity"? He's donated a shit-ton of work, time, and intellectual property to the bitcoin community, if that's what you're asking... He doesn't have a piece of paper from the dot-gov declaring him a registered religion, if that's what you're asking... BFL is the one claiming to be donating to charity. If they were going to donate the 1000 btc to the community, or to random people, or something else, then they should have said so. But they promised to donate the 1000 btc to "charity". I don't care if Kano is Satoshi himself. He is *not* a charity. All "donations" to non-charities need to be removed from their fake charity page. BFL creating their own charity, donating to themselves, then paying their contractors with it. Quite the song and dance routine. |
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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.  For the IRS reps playing at home, wenchmonkey is Josh Zerlan who's on record for stating the same vile toward your fine establishment. If you don't believe me, have the NSA check the logs of this forum that they have on file. More proof that you don't ever let facts have any bearing on your statements. Why would it matter what I, or anybody else, have to say about the IRS, it wasn't already pretty well accepted that they're a bunch of goons and thieves? Funny how the defender(s) of BFL never seems to want to follow the law, or even acknowledge that it exists. Telling. |
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He doesn't have a piece of paper from the dot-gov declaring him a registered religion, if that's what you're asking...
So he is not a charity. Thanks for clearing that up. |
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(BFL a market leader in ASICs? What a joke!)
^This. |
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Fraudulently pass off workers as their own? LOL. You've jumped the shark, K9, I really mean that...
The Dancing Queen fails again at reading comprehension. I said "fraudulently pass off others work as their own." not other workers. If you claim to be an industry leader in microprocessor design and it turns out that you have no expertise in microprocessor design, do not ever engage in the act of microprocessor design, and secretly have others do the design while you claim their work as your own, that constitutes fraud if you did it to trick customers. /pats the Dancing Queen on the head. |
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When I see Wrenchmonkey in this thread it reminds me of this: http://www.youtube.com/watch?v=TGfNSitVQFMHis dancing act trying to make BFL into a microprocessor design company that doesn't have anyone who can actually do microprocessor design is only slighlty less of a WTF. I wonder if the company that BFL bought their ASIC design from knows that BFL is pretending the design is theirs.
That might be why BFL has never identified their supplier for the design.
Subcontractors don't care about such petty horse shit. That's why they're subcontractors. I am sure everyone will be glad to hear that Wrenchmonkey says they can fraudulently pass off others work as their own. |
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I wonder if the company that BFL bought their ASIC design from knows that BFL is pretending the design is theirs.
That might be why BFL has never identified their supplier for the design.
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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?)
Utter and complete reading comprehension fail on your part. This deserves a quadruple facepalm... Wrenchmonkey, you better call Josh. You are flailing and need help. Also: You do not lead the markets in microprocessor design if you pay someone else to do the design for you. The people you paid for the design might lead the markets, but you are just a customer passing off someone else's expertise as your own. BFL was passing off their subcontractor's expertise in chip design as their own. Virtually every company in the WORLD is paying somebody else to do their labor. Whether they're directly employed, hired through a temp agency, or subcontracted/freelance. You really don't understand how business works, do you? Not every company in the world claims to be a "a market leader in microprocessor design". Only companies that do microprocessor design might make that claim (and BFL). According to you, BFL does not have any engineers who do microprocessor design, therefore they are not even a member of the microprocessor design industry. BFL cannot lead an industry that they are not part of. BFL was passing off their subcontractor's expertise in chip design as their own. |
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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?)
Utter and complete reading comprehension fail on your part. This deserves a quadruple facepalm... Wrenchmonkey, you better call Josh. You are flailing and need help. Also: You do not lead the markets in microprocessor design if you pay someone else to do the design for you. The people you paid for the design might lead the markets, but you are just a customer passing off someone else's expertise as your own. BFL was passing off their subcontractor's expertise in chip design as their own. |
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And this question was so precious that I thought it deserved its own special post Q:
How do you lead the markets in microprocessor design and offer consulting services in semiconductor design without having any ASIC engineers?
A: By subcontracting out the design. You do not lead the markets in microprocessor design if you pay someone else to do the design for you. The people you paid for the design might lead the markets, but you are just a customer passing off someone else's expertise as your own. |
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Actually, its like digging up old statements of BFL and showing how (by comparing them with later admissions from BFL) that the earlier statements could not possibly have been true.
So, enlighten us then. Who WAS leading the ASIC race at the time of that news article? You got it wrong again. Let me quote you the original statements. BFL started out doing FPGA miners. They're not ASIC engineers by trade. So what's the best thing to do when you need a product/component from a trade you don't specialize in? Find somebody who DOES specialize in that, and hire them to design that component for you. Then subcontract with another company to manufacture that component.
That was your own statement that BFL does not have ASIC engineers. Here is BFL's statement that they do: http://web.archive.org/web/20130129102300/http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.htmlButterfly Labs (BF Labs Inc.), a market leader in microprocessor designThe company offers a range of products and consulting services in semiconductor design.Not ASIC race. Microprocessor design. How do you lead the markets in microprocessor design and offer consulting services in semiconductor design without having any ASIC engineers? Which one of you is lying? |
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EDIT: 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.
They're the words of BFL. See: https://bitcointalk.org/index.php?topic=87934.0I chose not to pick on the fact that they're a "market" leader, because it's too vague. One could argue that the market they're referring to is the bitcoin mining market, in which case I'd concede that it was a quasi-truth at the time. On the other hand, if the argument made is that they're a leader in SHA-256 hardware design, I'm sure if one spent the time it could easily be dismissed as a fallacy. To better put it into perspective, compare ASICMiner with BFL. It's my understanding that friedcat et al. designed their own chip, had it manufactured and have manufactured enough hardware to put double digit terrahash numbers onto the network. I don't think it's necessary to pick apart Inaba's statements claiming that BFL has production facilities that dwarf any competitor when they have shipped near nothing in comparison to AM. *Sigh*... That's like digging up an old advertisement for the DVD format, and reading that it "offers the highest resolution and clearest picture quality available in home entertainment". Lies, bullshit! Everybody knows that Bluray and HDDVD offer a better picture quality than DVD! Or watching a DVRed broadcast of a motorcycle race that you already know the outcome of "Valentino Rossi is in the lead!" "God, what a fucking liar! Rossi fell behind, and Nicky Hayden won! This just goes to show you that the mainstream media can't be trusted!"  Really, man, you're just too much! You are comparing claims made a year ago, to the current market today. You don't compare past statements about the state of the industry, to the state of the CURRENT industry. Compare the claims to the state of the industry at the time the claim was made, and you'll see that it's pretty irrefutable. They were the clear leader. ASICMiner didn't sell any equipment until VERY recently. Actually, its like digging up old statements of BFL and showing how (by comparing them with later admissions from BFL) that the earlier statements could not possibly have been true. No DVDs or Blue Ray discs, or Apple phones, or flying cars made by Boeing were involved. So the original doesn't get lost in Wrenchmonkey spunk: |
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Facts not addressed by Wrenchmonkey because they clearly show BFL to be lying about their capabilities.
Why hasn't Inaba come to save you by sprinkling LiarDouche Powder (TM) on the thread to cover your escape? BFL the self-proclaimed leaders in semiconductor design who have never designed a semiconductor ought to stick up for their shills better than this. Perhaps you shills should unionize and ask for better treatment. |
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But keep fuckin' that chicken, if that's what gets you off... Analogy fail again. BFL is not a chicken. Chickens are delicious. |
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Really not the same. Apple designs a product, its specifications and lays out everything. Someone else manufactures it.
Whose processors are they usin' these days? Wrenchmonkey's mental gymnastics would score better if he didn't land on his face with every post.   |
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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. Neeeeext! Nice analogy fail. You twisted the facts just enough to make it sound almost plausible. You earned your shill "donation" today (you are organized as a 503c right?). I would have to claim to be an industry leader in turbine design to have lied like BFL did. Let me remind you what they said: I love how the BFL folks are afraid to attach their last names to their statements. Nick W. and Nasser G. So shady. |
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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. |
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