Exactly. You should never lose money on a winning bet. bitbet.us should change their weighting algorithm imho.

BitBet bets have a weight associated with them - so far, so good.


Exactly! You should never lose money on a winning bet. bitbet.us should change their weighting algorithm imho.

No. Japaleno is 1 chip, Little Single is 4, Single is 8.

So 1 chip does (or should do (finally, to match or beat Avalon)) ~8 GHash/s.

Japaleno has lower clocks.

No. Bet closed 22-02-2013. Those bets were in time.

I just noticed that people lost money - even when betting on the right side!
http://bitbet.us/bet/7/bfl-will-deliver-asic-devices-before-march-1st/

Have a look:




E.g. this guy placed 50 BTC on "No" (which was the correct outcome of the bet):

21-02-13 15:50    No    710    50.00000000    146mo    49.93600046    1FRBb

But instead of receiving something like 100 BTC (50+50) he did not even make his wager back!

Is bitbet.us buggy?

I just noticed that people lost money - even when betting on the right side!
http://bitbet.us/bet/7/bfl-will-deliver-asic-devices-before-march-1st/

Have a look:




E.g. this guy placed 50 BTC on "No" (which was correct):

21-02-13 15:50    No    710    50.00000000    146mo    49.93600046    1FRBb

But instead of receiving something like 100 (50+50) he did not even make his wager back!

Is bitbet.us buggy?

Thank you BFL for some month with easy money  
I used betsofbitco.in and bitbet.us so far to bet against BFL.

As for April: Not so sure. I think BFL will ship their products in late April (well, if their design is not completely borked).

But this bet is so ambiguous ("Devices must be in scope of +-10% of advertised performance in order to be accepted as valid.") that it's suicide to place money on "yes".

Wafers have to be round. See http://en.wikipedia.org/wiki/Czochralski_process

It has 18 Compute Units. A Radeon HD 7850 has 16 Compute Units, a HD 7870 has 20.

So you probably get ~300 Mhash/s (or 0.0413 BTC / day) from a PS4.

That's what Josh posted yesterday on BFL forums:


It confirms what most of us already suspected/knew:

1) BFL is just a chaotic bunch of Cowboys with a great "can do" attitude (one has to admit this!), that somehow managed to get the funding done (e.g. with peoples pre-order money). But they have no clue whatsoever about technology, hence why they outsourced everything. Some of the egg heads fucked them over (which must have been pretty easy because BFL is a pure sales&marketing company), giving them wrong estimates (time & money). Hence all the fabricated updates from Josh and all the delays.

2) Whenever people asked Josh "do you have a working prototype?" he ignored them, insulted them or weasled his way out. Now we have the confirmation that, up until today, BFL does not know whether their chips work - or not. They do not even know if the design is OK.

5 month after the promised ("honest abe") shipping date BFL has no idea if their design is OK ?!?! WTF!

As I always said: They lie to us on purpose!
I am furious now ...  

bump

How about BFL DDoSed them because they are furious at people making money with their incompetence?

Looks down from here too.

From BFL forum:


Not exactly everyone. But everyone with-more-than-30-posts-and-not-yet-deleted developed stockholm syndrome.

Heretical minds get deleted pretty quickly over there.

Mystery solved! I always thought this was a soldering iron - but it's a dremel 

I start:

#10: Josh died in a plane crash on his way to the Humping facility, and Sonny does not have the logins for all the fake accounts (BFL_Jody,
BFL AM Dave, BFL_Engineer, BFL_StevenM, SLok, ...) to keep the story going on.


[EDIT] ----------------------------------------------------------------------------
And the winner is - AGAIN - Josh/Inaba: Ship? Why would we ship? I generate enough sales from being an asshole on Bitcointalk. Why would we ever ship?



--------
Archive:
Top 10 reasons why BFL will postpone their January 2013 shipping date
Top 10 reasons why BFL will postpone their February 2013 shipping date

From BFL_Josh:


Short version: "It's everyone else's fault but not ours! The world should revolve around us and our mini production order alone! It's just not fair. Boo-Hoo ... "


Long version:

"25 Feb 2013 Update

I know people have been waiting on an update for awhile. The simple fact of the matter is there hasn't been any solid updates to offer. I know people are desperate and starving for information and I wish I could provide new information every day, but some days there just isn't new information. Luckily there is some new information today. It's not the best information (such as we are shipping today!) but it is at least an update.

We had expected the bumping to be done by now, as per the previous update(s). That has not been completed yet. There are a number of reasons why this is the case, and we are not pleased with any of them. The bumping facility, which we have no direct contact with, did not complete the NRE on the timeline we had spoke to the packaging facility about. As I've written in previous posts, we are dealing with such an accelerated time scale that all of these facilities simply aren't used to dealing with. It's been a learning experience for both us and for the facilities we are using. The upside, such as it is, is that going forward, we will have all the large, time sucking hurdles already out of the way and the rest of the chips should breeze through without issue, as all the NRE, tooling, design, planning and machines will already be configured for what we need.

Since Friday we have been, in a word, agonizing over how to make up for lost time. Obviously, we can't make up for all the lost time, but what we have decided is to effectively burn (this is not a technical term, I simply mean we are using one of the wafers for testing instead of creating chips out of it) one of the initial six wafers for testing. This is definitely not something we wanted to do, as it will reduce our initial chip count from a potential 6000 to 5000 chips for the first set of wafers. We are doing this because it will buy us 7 - 12 days for the second set of wafers (and the remaining set of wafers down the road). The time frame between the 1st set of wafers and the 2nd set of wafers should be reduced to a matter of a few days.

Why are we burning the wafer, what advantage does that give us and how can that accelerate the timeline? As many of you already know, we have had the 2nd set of wafers holding with the last layers being unfinished until we confirm we have everything the way we want it on the first set of wafers. We've already started the process to continue laying down layers up until about the last 5 layers or so - by burning one of our precious wafers, we can send it to the ASIC engineers who can essentially wire bond it manually and test the chips, but the wafer will become useless for creating usable chips. By doing this, they will verify that everything is how it needs to be and we can give the foundry the go-ahead to finish the second set as well as the bulk of the chips immediately. The second set of wafers should be done and on their way to us by the time we get chips in house in KC, and the bulk wafers should be done shortly after that.

The test wafer is already on it's way to the ASIC labs and should arrive tomorrow. Presumably it will take a better part of the day to get everything situated and for the testing to begin, so I don't expect to hear anything until late Tuesday or sometime on Wednesday assuming everything goes well. In the meantime, the bumping facility will be bumping the remaining 5 wafers, which should be shipping out on Friday to the packaging house, whom we are paying extra to stay on for the weekend and start the packaging process. We expect at least some of the chips to be on their way to Chicago by Tuesday, where they will be mounted and sent out to our engineers and KC for testing and final MCU programming. At that point, once the MCU programming is confirmed we'll begin assembling the units. Right now, I'm planning on a week from Friday to be the day, but I'm just gonna say that's subject to change at the moment, although I don't anticipate a change right now.

The ASIC team has promised me pictures of the wafer tomorrow, Tuesday the 26th. As soon as I get those, I will be posting them. As soon as I hear something with regards to the chip testing, I will be posting that as well. If I'm not posting an update, it's because there's nothing new to report."

According to SEC regulations, people with pre-orders are investors, not customers. Hence they should be treated as such (transparency, information, etc).

Remember: BFL customers didn't make a deposit - they paid fully upfront for the development of a (back then) not existing product -> investors.

Thanks for sharing this, Micon. Good find.

Seriously! BFL (Josh) is one bunch of arrogant amateurs! It's like coming 10 minutes after closing hour to a gas station saying: "Hey! Give us 2 fl.oz of gasoline. Pronto! We'll pay you 20 cent extra!".

Anyway ...

I thought February would be the last month where I make good money betting against BFL - but it seems March will be a save bet too.

Looking forward to get my payout from this one: http://bitbet.us/bet/7/bfl-will-deliver-asic-devices-before-march-1st/      

# -1: They got screwed by their bumping facility, which was in fact a humping facility. Now all their wafers are fucked.