How loud will each unit be?

Since afaik, they are connected to via ethernet, how much bandwidth will they use on average and at peak times?

Will they need to be constantly rebooted and have their software updated on a near daily basis like a certain other asic manufacturer?

Assuming ideal conditions, how much uptime  per day/week/month can we expect without dicking around with the unit?

"Hey Phil, remember to update the terms and conditions page with all the new info we covered on Tuesday's meeting. Remember to change the blah blah, the blah blah blah, but the warranty stays the same at 90 days."

Phil however, was distracted by the office secretary's large breasts, and updated the wrong info on Cointerra's website.

meanwhile, on bitcointalk:

"IT'S A CONSPIRACY! BFL 2.0! THEY'RE SCREWING US! THEY'RE GOING BANKRUPT! THE BOARD OF DIRECTORS ARE LIZARDMEN, BLAAARGH"

Yes, if they changed the warranty period from 90 to 30 days, that's bad and those of us who bought from them should be pissed.

But let's at least wait until they're confirmed it until we spaz out?

It's a brand new tech startup in a relatively new field of tech development. They are bound to make a shitton of mistakes, the least of which is writing the wrong warranty info on their site.

I have personally encountered a few such errors on their website, where one page says X and another says Y.

Let's all take a deep breath, have a drink, a hit from the bong etc, and chill the fuck out.

Thus far, how much have you cumulatively spent on mining hardware? Including GPUs that were used ~90% of the time for mining?

I'd like to get a general lay of the land as to what kind of distribution we're looking at.

My personal guess would be that roughly 80% of forum members have a high-end vidja card or two, and maybe pre-ordered a jalapeno or a block ejaculator.

Then maybe 15-19% fall into the 1k-20k range.

And then there's those 1% assholes who were first in line to pre order multiple minirigs back in 2012. Which they haven't got yet. Lol.

I'm not a troll. I'm autistic, and I posted while drunk last night.

Is that a legit ratio you posted, or did you just type a lot of zeros for dramatic effect?

I don't lack the ability to research, I'm just really lazy.

I do have social skills, I just gave up caring about what random strangers on the internet think of me a while back.


Would this really be the most cost effective way of stealing/manipulating BTC for profit?

<quote>So your hacker/cracker would need to invest millions and millions of dollars into computers to complete that puzzle. Once you can complete the puzzle faster than the rest of the network continuously, you can then do those cracker things like committing double spends and blocking other peoples transactions.</quote>

Blah blah blah. What's the ratio between how much a miner has to invest in mining to how much a hacker would have to invest into decryption in order to break sha256 or whatever the fuck?

As far as I understand it, the practical benefit to the BTC network to having increased difficulty would be increased security and stability. Correct me if I'm wrong, CAUSE I'M A BIG FAT NOOB RETARD LOL

So let's all pretend we're all l33t h4x0rs who want to compromise the BTC network for fun and *profit*. How high would the difficulty need to be for me as a hacker to be discouraged from attempting to steal/manipulate/whatever from the BTC network? What kind of resources (financial, hardware, connections etc) would a haxxor need to overcome the increased security that comes from increased difficulty levels? Again, I'm assuming that that's what increased difficulty does, or else what's the point of having all these expensive ASICs taking up all this power.

Avalon just filled 500K worth of chip orders. ASICMiner is flooding the market with USB miners.

Chips are next to useless to a Joe Sixpack who wants to plug and play. USB miners are adorable, but will be functionally obsolete to large-scale players by the time singles start being delivered en masse.

When in reality youre dumber than a box of rocks.  Please go.

I'm going to call your mom and tell her you're being mean on the internet, and you'll be grounded from the computer for a week at least.

On the other hand, I ordered some USB Block Eruptors from BTCGuild a couple weeks ago and took delivery of them last Friday.

Again, 330mh/s is cute, and one of these might make for a nice stocking stuffer for Christmas, but somehow I don't imagine someone rigging up hundreds of USB hubs to run a block erupter farm. 1 BFL single = 150 erupters, give or take.

Nope, many of them are just shills.

That's a guess, and I cannot prove it to be false. But you also cannot disprove that some of the BFL haters might be huge BFL clients.

True if BFL were the only game in town.  Far from it.

BFL is currently the only ASIC manufacturer still taking AND filling orders.

I know it makes no sense, why do I hate a company when I don't even have a stake in it.

As "random guy A on an internet message board", I don't know you, "random guy B on an internet message board" I don't know your history, I don't know if you're honest, I don't know if you currently have 5 minirigs on order from BFL, so I can't really take what you say at face value. (I'm not calling you a liar personally etc, just proving a point about internet anonymity)

Try reading posts instead of just "lurking".

I did read them. The whole situation with BFL is just a bigger example of someone at McDonalds yelling at the cashier "I ordered my cheesebuger 15 minutes ago!! I'm very hungry!!" Yes you have waited a long time. Yes you want the product a lot. Yes you have missed out at making money. But the HATE of the sort seen on this board should rationally be only directed at Nazis or mass-murderers or terrorists, not a company you have petty commercial squabble with. JUST TO BE CLEAR, I do not support BFL, I do not defend BFL. They have been terrible at their jobs, but that is not a legit reason in and of itself to HATE them. So I, the casual forum browser, have to conclude that there are other motives at work.

I've lurked this board for a few months now, and until recently, I could not explain the fanatical anti-BFL sentiment around here.

Don't get me wrong, I think BFL has demonstrated some of the worst PR practices I have ever seen in a company. They have consistently over-promised and under-delivered, and that has cost some people a lot of money, time and effort. But none of that explained to me the rage, the hatred, the malevolence of some posters whenever they talked about BFL. I don't want to exaggerate myself, but the feelings expressed by the anti-BFL folks seemed to me to be the kind of hate that you would have for murderers, rapists or even registered Republicans. The name calling, the bloodlust, the angry mobs calling for Josh's head, it just seemed way out of whack for a new company operating in the digital Wild West of 1st gen ASIC manufacturing. There had to be something I was missing, some element to this equation I just wasn't seeing.

Then it came to me while I was on the crapper.

My hunch is that the people on this forum who are complaining the loudest about BFL, the ones constantly talking about ZOMG SCAMMER TAGS, the ones saying that BFL needs to be sued, the ones saying BFL will file for bankruptcy next month, the ones saying BFL is being investigated by the FBI, CIA, the SEC and the BBQ, etc etc, these people all might have one crucial thing in common with one another: they might be HUGE BFL clients with no intents to get refunds, and who sincerely believe BFL will deliver as promised, albeit late and below specifications.

Think about it. Pretend you are a BFL customer, who has dropped say 1k, 2k, 10k, 50k, etc on mining hardware, and you honestly believe it will be delivered eventually. In this situation, you would want to scare away as much potential competition as possible. To accomplish this, you would go on the forums and scream at the top of your lungs BLOODY MURDER and hope that as many potential ASIC investors as possible get scared away from getting in on the same action you are.

So to sum up my arguments:
(1) BFL has done a crude, sloppy, amateurish job so far. And they probably will still deliver, eventually.
(2) It is in the financial interests of large-scale ASIC investors/owners/operators to scare away as much potential competition as possible.
(3) It is possible to simultaneously believe that BFL will deliver sort-of-as-promised AND call BFL scammers, terrible people, etc on public forums in order to accomplish the above.

So the inside joke here is that the biggest BFL "haters" might very well be the biggest believers in, and customers of, BFL.

Their site shows a bunch of diagrams, plans, etc but am I correct that there are no working models yet (mars aside)?

What indications do any of us have that KNC isn't following in BFL's footsteps and promising things that they really shouldn't be at this point in the product development process?

Do you guys think that a minirig is a better bet than a jupiter, even at the much higher price and wattage, and even if BFL will deliver it in oct at the earliest?

I really, really want to believe in KNC at this point, given BFL's track record, but I get the feeling that I may be overly optimistic.

Oh hai guize,I'm a big fat noob.

Anyway I have some thoughts on the future of mining as I see it within the larger context of what Bitcoin is supposed to be about.

"Bitcoin (sign: BTC) is a decentralized digital currency[9][10] based on an open-source,[11] peer-to-peer internet protocol."

If mining goes from a model where the lion's share of hashrate (and thus bitcoin revenue) belongs to a handful of heavy (100k usd+) investors into early ASIC/fpgas that will subsequently grab most of the newly minted bitcoins, does that really make the whole bitcoin thing "decentralized"?

In the same sense, does someone who controls 1500 GH/s+ running 24/7 qualify as a "peer" to some guy with a dual 6870 gaming rig that runs at 550 mh/s when he isn't playing bioshock and when his mom needs to access her email?