Didn't you know, they're taking over Laz's refund offering business so they can get paid for refunding people money.

On August 19th when they introduced the Monarch and put the 'majority of the network' statement out there is was true.  Just cause times have changed you're demanding they change along with it.  Yet I don't see you tracking down the hundreds of other companies that have made claims that are now not true due to time and change.  Until I see your righteous anger directed at more than 1 company, you are just like yip-yip... a noise a tiny dog makes.

And that quote was ORIGINALLY made over a month ago.  It's something that every company out there does, they state their claim to fame and when it changes, none of them update it.  It's so sad you require a different example from one company while ignoring all the others that do the same.  I think the terminology is Hypocrite

That is called perception, you still have not shown proof.

True, but most of the people in here who pooh poohed me for pointing out AM was fleecing people are now screaming BFL is fleecing people.  That my friend IS a hypocrite.

Why should I be surprised that you and I can come to the same conclusions on the same data concerning difficulty and $/hashrate?  I've told several people that the current market is not good for investing in mining equipment.  I knew it wasn't a good investment when I ordered my Jalapeno, but I'm not in this for quick cash, I'm investing in the future.  This is what the 'invest in BTC not equipment' people don't understand.  I've earned not quite 3BTC from my mining efforts over the last 4 motnhs.  I've invested some and played with the market and overall I did well since I am now "worth" well over 10BTC.  Here's the rub though... the BTC I mined is 'play money'.  I don't really care if I win or lose with my investments, so I am a little bolder with them.  If I would have spent cash to get those BTC, I would have never taken half of the investments I did, cause it would have lost the play money aspect of it.  This is why buying equipment is more palatable to me than buying BTC.  My monthly expenses don't change much and I don't have to worry every second of the day whether I am gaining or losing money.

So the hosting center isn't going into operation for a year?  I must have missed that. 

Hypocrites.  When AM was selling overpriced toys it was the consumers fault for being stupid.  Since it's BFL, it's so sad the poor customers are getting &*$#% over.

You probably don't realize that by May 16 2014 you have difficulty up over 6 billion.  We'd only need something like 54 Petahash to reach that and the total of all estimated preorders today only comes to around 10-14PH.  At that difficulty, anything that cost over $.50 per GH would be unprofitable long term by your table.  But hey, it's not intended to be accurate, it's just BFL you're causing FUD to after all.

1) If you have PROOF of this ongoing behaviour, why have you not alerted authorities?  Link?  Screenshot?  Proof?

2) <sigh> More names.  During this IT stint, how many brand new chips did you design FROM SCRATCH and built tens of thousands of systems with(needing millions of chips) to check out said supply line?  Link? Screenshot?  Proof?

3)  Wow, 700% .  They were pikers compaerd to the ~2000-3000% increase in orders from FPGA to ASIC in 1 year.

4)  I saw 4 small uncased units in Josh's office sporting a variety of different LED fans that were plugged in and running.  One of the fans even alternated between spelling out the company name and the temps of the device.  So technically, yes, Josh has a few, but it's not the room full of mini-rigs that you and the others dream there are.  Or do you have a link, a screenshot?  Proof?

5) I was not involved on this forum then, no, but I read through all of the threads from the FPGA days along with the current threads before I did place an order and then later register here.  You claim they lied, probably because they missed their speed and power estimates.  Links?  Proof?

6) Link?  Screenshot?  Proof?

7) Ah. more buzz words.  Pre-judged as guilty.  Link?  Screenshot?  Proof?

Ah MOTIVE.  That must mean guilt.  Link?  Screenshot? Proof?

9) Again, why have you not gone to the authorities?  You claim to have all this FACTUAL knowledge of wrongdoing, so why have you not acted on it?  Why has your person involved in the BFL story not gone to the authorities?

Ok, questions for you,

A) Since I started reading this forum in April, wouldn't that have been my 'green' period?  How long does 'green' last?

B) WHEN did I claim that I was around mining for years?  I've stated "I've been involved longer than you think" but never put a number to it indicating years.

C) When did I claim to be something that I am not?  Link?

D)  How does your software engineering degree help you to so intimately know the workings of chip manufacturing?  As an IT, you're likely used to ordering from established companies with massive reputations, how many startups creating new chips from scratch did you work with during your 30+ years?


While I was an electronics technician for 20 year in the Navy, I spent 3 of those years as a systems operator when they networked all of the squadrons on the base as no one else had worked on computers as much as I had.  I started off taking old systems turned into DRMO and using the parts to build working systems.  We had ~35 computers when I started and had ~120 at the time the Navy decided to replace all existing computers with brand new Dells and to tie them all into a network.  I was sent to a course on server software installation and ran the server and managed the E-mail and Network credentials for over 300 people.  When the Navy started training up their own IT's I went back to my regular duties.  The latter part of my enlistment, I worked in research and development.  While I had nothing to do with the creation of products, I was involved in the initial testing and troubleshooting of them and had to write reports on what did and did not work. 

Since coming to this forum, I've done a lot of research on chip foundries and the manufacturing process.  While everyone is pointing to AM and Avalon for beating BFL to the punch, you fail to understand they were creating 8086 chips to BFL's Pentiums.  BitFury is now in full swing, but I notice their chips are downclocked to roughly 1/2 speed in order to hit their power specs, so they had some of the same problems BFL did, but tackled it in a different manner.

I'm still waiting on you to SHOW me the 1+1 and not ask me to take your faith that you claim this is 1 and that is 1.  Proof works both ways.  I have knowledge you do not, having spent time touring BFLs facility.  You refuse to accept that knowledge.  You claim to have knowledge that I do not, but you do not show that knowledge in a form that would hold up in a court of law.  If you have such proof, then let's the courts handle it, if you do not, then...

By my calculations, it'd take me 19.4kw to generate 1BTC(30GH@110watts).  At $.08/kw I think that's about $1.55.

buy coin

I think Sunny pulled a rabbit out of a hat with this one myself.  One of the key things about his approach is that it is something has has not been worked on much and therefore there is no pre-completed work that someone could figure out how to insert into the program.  I wondered early on if his work could be used on other distributed computing projects, but the problem with a lot of them is that so much work has been done that it's hard to establish proof of work.  It'd be too easy for someone to just copy already completed work and submit it for instant credit.

I'm not into compiling my own files, so I'm just kinda so-so about it.  While I am happy it got made, there's something about old dogs and new tricks... I've forgotten more about programming than I probably ever knew

I've branched out and currently have holdings in at least a dozen coins plus I have 3 different investments going.  Did not pick a poll answer, as I have not sold, only 'invested' and have no plans to sell.

That statement about the majority was made on Aug 19th at which time the network speed was ~465TH.  They would have only needed 233TH to have the majority.  Just recently someone posted a screenshot of Josh saying 30-45% of the network depending on what you consider it to be at the moment.  That would make it 300+TH at this time.  Around 67TH difference in a month.

Everyone thought at the time that BFL could not have that much due to the Avalon chips, but we've all seen what happened with Avalon.  If Avalon didn't have that 150TH from the chips that everyone was saying they did, who did have it?

You're kinda like the CEO of BPM aren't you?  Love the example you're setting for how a CEO should treat their competition. <not>

I did the unthinkable... I politely asked a question and I got a polite response.  And it wasn't a canned response, I asked about the supply line, Josh said that they were supposed to be receiving X number of chips daily at Chicago, so I asked how many they were getting and he called someone over, might have been Dave, and asked what they had gotten in and the answer was less than 20% of X.  This person went on to say it looked like 'they' (I think he meant the Binning Fac) might finally be on the ball, cause 2X were supposed to have been shipped over the weekend.  If my word isn't good enough, ask PG, he was there too.

I kinda laugh how anything I post is followed by "Where's the proof/evidence/etc" but when I ask for proof you guys act like I'm being offensive.

It's kinda like when you demanded of me if I saw a November report on Jalapenos when I did the tour.  I looked at your exact wording and answered you according to that wording.  Your problem is you asked the wrong question and you weren't polite about it.  I think that is a major reason why you have no luck getting information from Josh.

1)  People change.  Do you honestly feel we should just institute the death penalty on all criminals becaue "they did it once, they'll do it again"?

2)  It's not a matter of not ordering them, you are assuming things over which you have no understanding.  The reality of the situation is that there is a kink in the supply chain and the orders are not being filled  as promised.  To use one of the favorite statements on this forum, the supplier is BFL'ing BFL.  The simple fact of the matter is that BFL has 2 warehouses full of cases, PSUs, heat sinks, etc., the company in Chicago has more than enough boards, the thing they DON'T have an excess supply of is the chips.  I have no idea of the true numbers, but imagine you ordered 10,000 chips a day and only 800 or 1500 were arriving.  To make it clearer, imagine have 10,000 Corvettes sitting in the lot and all you are waiting on is engines.  Can't ship without an engine, but the engine manufacturer can't deliver as fast as they promised.  You call and call and call, you get promised things are ramping up, yet it never does.  BFL is accepting the blame for their suppliers from you and others without letting you know it's actually out of their hands.  As an interesting side note, I can't see this same problem happening with the Monarch... you have 1 or 2 chips VS 128.

3)  You are either counting the two different types of FPGA as generations or including the 28nm which is not out yet.  During the FPGA run they had hundreds of orders.  The ASICs have had tens of thousands.  BFL basically started out as a garage operation with 4 engineers and now it's bursting at the seams in desparate need of more space.  Obviously they have had growing pains along the way, I doubt Wozniak and Jobs had the explosive growth BFL has in just 2 short years.

4)  Once again, Never attribute to malice that which can be adequately explained by stupidity or incompetance.  Just because Avalon mined with their gear before shipping it out does not mean everyone is doing it.  This is just like a favorite buzz-word at the moment, again without a shred of proof.  As mentioned in #2, they ship out every board they get in as a product daily, so the 'perceived' forced slowdown of products is not happening, they are in truth shipping as fast as possible.  Also consider this... BFL is estimated to have 3PH of pre-orders according to https://bitcointalk.org/index.php?topic=283820.0.  Using only 1.5TH mini-rigs, that'd be $60,000,000 in orders, so that is a ballpark low figure.  Why in gods name would someone be foolish enough to risky tens of millions in lost orders to gain a few hundred thousand by mining?

5)  You are again treating incompetance as malice, and before you go off, most of this is supplier incompetance, not BFL's.  This type of ASIC is far different from others, it is 'on' more than any other type and therefore uses more power in the process.  I think the percentages I was given were a normal ASIC is 'on' 17% of the time while these are 'on' 50% of the time.  In the FPGA this worked out to 4x the power draw, and now in the ASIC it worked out to 5-6x.  The foundries never dealt with this before so they had to learn, it appears the bumping facility went off without a hitch, but the binning process had to start from scratch as well.  BFL decided to take the heat and repeated what they were told, and now are accused of lies.  I can imagine what they would have been called if they just kept silent... damned if you do, damned if you don't.

6) I think there is some missing information... I know of 1 person who got both a unit and a refund and I know of several people saying they will refuse to sign for it cause they FEEL what you say will happen, but I don't know of an actual case where the chargeback was reversed due to the miner being shipped.  Can you show definitive proof that this did happen?

7)  You are again assuming malice without any facts.  I do not have sufficient information about the monarch to comment.

 You are being too ambiguous here for me to understand what you are talking about.  Is there some proof you have here or is this just the general word of mouth that goes on here daily?  I don't understand.

9)  Let me see if I understand you here... you are claiming to know someone who... what... works at BFL and has told you all of this is 100% true?  Are you trying to say you have definitive proof of everything you have claimed in 1-8?  Why didn't you just post it all and end the speculation instead of asking me how I felt on all of it?

This is what I am talking about... you're resorting to name-calling, referring to me as a noob without any true understanding of who I am.  You are making an uninformed statement based on... opinion.  You have no idea of how much research I have done, you have no idea of my background, yet you feel that because the date I joined the forum shows I have not been here as long as you that I must just be a clueless fanboi who parrots the party line and has no brain of my own to use.  This is why I blow off 90% of what you direct at me, because you have already shown your mind is closed and you refuse to look at anything other than your own narrow opinion.

Actually, the open-minded person will look at things from both sides, not blindly follow the party line.  If I were as truly close-minded as you think I am, I would be the one putting people down and deriding them for their decisions.  The only time I have stooped to that level was in order to try and make a point when someone went so overboard even the biggest trolls were rolling their eyes, but it was often lost on the individual.  I am merely pointing out that you are stuck looking at this from one unwavering position and refuse to even take a step 1 millimeter to the left or right to see if it changes your point of view.  You are the truly close-minded one.

ROFL. Yea, and I even changed my profile pic to the cover of the Cherry Kool-Aid package.  I'd try to explain sarcasm to you, but I feel I'd be fighting a losing battle.