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1  Bitcoin / Hardware / Re: BFL Experience on: May 03, 2014, 05:19:56 AM
Code:
6. Plaintiffs’ claims are barred because the products in question underwent burn
testing for a minimal amount of time and had not be assigned to a customer order at the time of
the burn testing.

7. Plaintiffs’ claims are barred because untested products are not finished goods and
could not be customers’ equipment.

Do I understand this correctly? They mine with hardware that will be sent to customers, but claim it isn't customer hardware because there isn't an order number attached to the machine yet, and it isn't customer hardware because they're not yet finished mining with it??? Only after they finish mining with it, then it becomes customer hardware.

You know what is going to happen... how do you explain weeks of burn in?
How do you explain all the BTC they mined as only testing?
How do they explain delaying shipping of units when after a few hours of burn in they were "working"?

There is a TX ID trail that is going to show what actually happened and when it does there will be 100s or potentially 1000's of units mining at Eclipse for BFL as "burn in" testing for weeks then being replaced at regular intervals with new machines. You know what they did. First they said they never mined anything now they admit the mined for burn in... what do you think really happened here? The scam will proven at that instant and no one is going accept that as standard practice. This is where they get demolished in court. If I had purchased a BFL unit I would be joining this class actions asap to make sure I got a piece of that pie. This shell game they played is going to be easy to discover.



I personally believe they calculated it out so that no one would EVER receive a piece of hardware that provided ANY ROI. The INSTANT that the hardware would never mine as much as it cost... THAT'S when they ship it!

I have a couple pieces of BFL equipment and I know some people who've had a ton of it. They were luckily able to break even and even profit by mining for a VERY short period of time and then flipping them on ebay (this is months ago mostly with jalapenos, singles, couple FPGAs).

I would be interested to learn of a SINGLE person, who, bought a BFL miner with either cash or bitcoin and then with JUST that miner was able to recover their investment and then some - solely by mining. I don't think that person exists.

And the monarchs. LOL. What a joke.

The only thing I wish that could happen.... could BFL please be around long enough (long shot!) to promise some sort of round 3 hardware? I would LOVE to see the specs, promises, and explanations about the development and turnaround on that one! It's comedy relief!

Whenever I'm bored I honestly look for BFL threads for entertainment. They're so fun to read! :p
2  Bitcoin / Hardware / Re: BFL Experience on: May 03, 2014, 05:10:16 AM
My experience started with a Jalapeno and a 60ghs single
Both stable running Jalapeno since feb 2014 up to today and single mar2014 to apr214
The single is noisy its like a hair dryer open all the time and it consumes 275 w
wish it was quite ...it like it being stable
Jalapeno needs to be run cool so a spare usb fan is poing it at it and now its been 10days whith
no reset.
Actually would be friendly with the idea of buying another jalapeno its a pity that BFL has lost her
reputation...now would not buy from them I have read so many bad stories.

Just FYI bud... take the cover off that single. You'll go mad listening to that noise. Without the cover it's fine.
3  Bitcoin / Hardware / Re: BFL Experience on: April 30, 2014, 07:23:58 PM
Aha. That's the sort of catch I was hoping someone would find for me.

Yes I glanced at those rates way too quickly. Lol...

Well, even at that rate... ($21 now per 30 days instead of $12 / 30) it's still technically profitable... though not for much longer.

Of course I also assume 275W based on BFL power supply... which I'm using a PC Power & Cooling which I believe does marginally better.... but I digress...

In any case. Still technically profitable but closer than I thought.

Thanks for looking at it.
4  Bitcoin / Hardware / Re: BFL Experience on: April 30, 2014, 06:45:14 PM
Thanks for the reply. I have to recalculate every once in a while to make sure I'm still above water. haha.

here are my power rates: http://www.westarenergy.com/wcm.nsf/resources/Residential%20Rates/$file/Residential%20Rates.pdf?openelement

if you don't want to click that google "westar energy kwh rate" -- this is the Kansas City area (yes BFL is right down the street from me, almost haha)

Our rates actually go up a little in the summer to $0.075589 per kWH so it looks like sometime this summer when diff is just absolutely astronomical it will be time to retire it. Till then... I'll continue to rake in the 0.003 per day.
5  Bitcoin / Hardware / Re: BFL Experience on: April 30, 2014, 06:03:27 PM
Why would anyone be wasting time with a bfl single or any bfl 65 nm product right now? Aren't they losing money after electricity costs are factored in?

I could be wrong... if so please correct me.

I do have a 55gh single running. These days of course its pitiful, but its been running forever and used to do a lot better ... and I've just never bothered to unplug it!

Based on TODAY'S difficulty and TODAY's price 8000872135 / ~$450

I calculate it's still producing ~0.09 BTC per 30 days = ~$40.

@ 275W @ 24/7 @ 30 days my power cost is $0.064313 per KWH

Costs $12.73 per month to run.

Now. I did these calculations in just a few minutes and I could be GROSSLY mistaken... so if I am please correct me. All numbers are fairly approximate.

While it only makes yes, a bare pittance, it's still technically profitable? Of course this may (and will) quickly change as difficulty increases and at some point I will unplug it or lose money mining "fun" alt-coins.

For the record: I do not like BFL 1% and continue to marvel at their shipping delays which only become more impressive each day.
6  Other / Beginners & Help / Re: DeepBit pool thread for newbies on: April 03, 2013, 03:55:26 AM
...and it came through ok. Just need an additional hour  Wink

Thanks for the great pool. I actually left another one which seemed to be going south to come here. Looking forward to many mining adventures together.
7  Other / Beginners & Help / Re: DeepBit pool thread for newbies on: April 03, 2013, 01:56:05 AM
Hey Old 49er u got the latest AMD drivers and ... the AMD SDK thing? Sorry its been a while since I setup (and just use phoenix miner now anyway?)

Question for the forum / staff though... specifically in regards to the deepbit mining pool.

I recently hit my first threshold for payment which was for .1 BTC... there is a record of it happening on my account just wondered if there is a typical time they go out or waiting period? Haven't seen it come through yet been 3 hours. I apologize for my impatience but I looked around for this answer and couldn't find it. Thank you.
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