Huh, Google must have just gotten around to updating that section of street view, it used to have a big-ass bus in the way of the picture.
Coca Cola complained.....
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Thank you for answering. I am sure the community also would like to know the following:
1) What temprature can the ASICs handle? 2) When can we expect any graphical details?
I hope BFL can answer these questions.
The range of temperature tolerance of the SC chip is extremely wide which is the nature of a dedicated ASIC as compared to a design sensitive FPGA implementation. The final temperature depends on the thermal handling characteristics of a heatsink/fan implementation. Overclocking (which is viable with the SC) will change these dynamics considerably. I think the most useful answer to your question is that the end temperature in our application as designed is around 37C, but the chips support performance stability well beyond 80C. We will release development photos as we closer approach release. OVERCLOCKING !?!?! So the Jalapeno could become a SC-Rig when overclocked !
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I will buy some shares as well pretty soon
Have one additional question:
BFL has said they will take all orders up till mid-july in consideration for the 1st production run
We are late to the party but might have some luck in the lottery
question is: do we wait until we have all the money to order an ASIC rig, or do we take end of the BFL order-period as cut-off date and order as many ASIC products as we can in the hope we get some delivered in the first batch
Keep the listing open and perhaps order more at a later date
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hi Inaba,
I have 1 question:
The 6058 shares that are issued.... is that for 1 or for 2 mini-rigs
The way it is posted in the op it looks like it could be for 2 mini-rigs, but on GLBSE it says it is for 1, which would put the price paid at $27K for 1 mini-rig
Thanks for explaining !
Brat
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The OP's proposal of a production+mining cooperative is one that appeals to me and one towards which I'd be willing to contribute a good chunk of cash. This is partly because I think it'd work, and partly because I really like cooperatives as a species of legal entity, and partly because I want some alternative to lining BFL's pockets and if it takes funding an ASIC design then by gum I'll help fund an ASIC design.
I second that. I belive they could solve the 'who gets one first' scenario buy mining with the produced hardware until nUnits are ready to ship or nTime worth of orders are ready to ship. And by paying out those eanrings to the coop members. Then shipping the things as closely together as possible. Atleast for the first big ordering round. I have to admit I did not quite read all the posts (lazy me), but why the need to solve a mathematical puzzle of who to receive it first and pay what when you are forming a COOP As I did read before the problem basically comes down to (and we saw that in the halfhearted answer from BFL) either you believe in Bitcoin and think that mining will yield the most money, or you believe in selling Bitcoin products for fiat money and then you do what BFL does. Starting a COOP by Bitcoin fanatics one would believe that they think mining BTC will yield the most (they are willing to invest in developing a mining product that they then want to buy from the company), so why sell any of the mining products ? Surely the reasoning must be that you make a better return by actually give nothing to the community but just mine the heck out of it before any competitors come to market. Only when your own mining has become less profitable then selling your 'heavily discounted' ASICs to unsuspected miners at an above ROI price, you stop mining and get into the selling business. So setup a COOP to develop an ASIC (BFL's ones are probably 6 months away), get 100 - 200 TH/s online, start mining centrally and give all the COOP shareholders a payout based on their shareholdings. Dividends are based on mined BTCs until the point where mining has become unprofitable (a point which might be years away if you are the first to mine) and then start selling ASICs en masse, giving COOP shareholders their second means of generating dividends Just my 2 cents
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I am still foggy on what the whole VC funding comment was about. What did they need VC funding for if they received over $400,000 in pre-orders in a weekend? What do they use that VC funding for then?
ASICs can cost $millions, depending on what process is used. If they only got $400.000 in the feeding frenzy this weekend, then they better start mining themselves to recoup the remainder of the millions in R&D Luckily they gave themselves a 2 month head start to mine (60 days after October before the refund kicks in) hahahaha I love my tin-foil hat
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Botnet operators need to be strung up on wires by their toenails and beaten with red-hot pokers.
Quote of the day Only one mix up: Botnet operators need to be strung up on wires by their red-hot pokers and beaten with....
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Just as i thought... Many people waiting and they annouced new product whick makes old seem like junk. Thanks for link. Standard operating procedure for any new/next-generation product that has ever came out. Nothing to see here, move along... -- Smoov What? To have never delivered a single one on time before making them worthless? (or requiring you give them twice as much money so they aren't worthless) not to mention having money tied up so we cannot order ASICs. I placed an order for 2 singles 7 weeks ago (still not received). I placed an email to BFL asking if I could upgrade to the ASIC waiting list + the ~$100 difference for the SC. Well guess what? That email has not yet been responded to and now I am in the back of the F'ing line again with the ASICs. This is not even close to cool. They should have waited at least another month for pre-orders so they could ship out most/all of their singles and mini-rigs still waiting. ~75 day waiting list to get a single when they are now obsolete? ..... If you have money tied up with BFL on something they have yet to deliver, I'd place your new order, select bank transfer. When they come looking for payment, ask them to apply the credit and close out the first order. (Provide your original order number, etc.) I have no clue if it will work, but it's worth a shot. Place in the queue is determined by date/time of money received, not of order placed, so before they accept to apply any credit, you will still be at the end of the queue....
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Thats not cool.
Cooler than GPU-mining
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As for the reward drop; the only real argument for that to increase price is lower inflation. That may have an impact, but if it does, it will not be in January 2013.
The reward drop will impact the price even before it happens, since speculators will buy in preparation for the price increase.100% correct. I have seen it myself with SolidCoin. It works everytime. JUST wait and SEE the panic when Dec comes around and 25 BTC is made not 50 BTC. This is huge if you actually think about it ... price will surely rise in that period. I think the price will only double (when the reward halves) when all coins in supply are used for trade in the Bitcoin economy, i.e. are needed As it is now (but I have no data back that up) most of the coins are simply hoarded, therefore there is no need for BTC/$ rate to rise The coins that have been mined have a certain value... the fact that less coins will be mined in the future won't make the already mined coins more valuable, unless there is actual demand for them Again, as long as most coins are hoarded, there won't be a 1 : 1 relation between price & reward halving.... at least, there shouldn't be
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I'm hoping you won't supply one to every interested miner but instead will use the more reliable/popular 'Lottery' style delivery....
I'm suggesting the following:
Every interested miner sends in their money and after a certain period you let a random generator select addresses anywhere in the world
Attach a note to the devices that reads:
"Dear Mr/Mrs X,
This device was sent to you as your address was randomly generated.... If you have no idea what a Bitcoin is, please use a random generator to generate an address anywhere in the world and please forward this box to the next unsuspecting winner"
That should ensure that someone with knowledge of BTC, an account at this forum, a CPU/GPU/FPGA and CGMiner will have this device within their possession before any BFL ASIC product has been delivered !
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http://www.butterflylabs.com/products/Edit: Regarding refunds and charge back policy: All sales are final unless we fail to perform. That includes both performance and shipping targets. 60 days past target and we'll happily refund your purchase. If you would really like a refund anyway, just ask and we'll probably be able to take care of you. Nonetheless, we reserve the right to handle it on a case by case basis. If would help if you clarify what the shipping date is ! October 2012.... October 1st or October 31st ? Would make a difference of 30 days.....
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will you use the RC1 bitcoin?
On one node perhaps but thats not the main concern here, I fked something up inbetween all the LB stuff and then tried to retrace what I did but shit kept failing so Im just "reinstalling" everything from new. I feel for you my friend ! Thanks for all the effort you are putting into this !!!!
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Damn I went to bed and all hell broke lose, I think I got it under control again and will monitor throughout the day to see where the extra rejects come from.
What were you doing in BED You realize you can NEVER EVER be in ned when you are running a pool !!!!
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Actually not a cup of coffee but a lot of coffee cup warmers More seriously, why did you expect anything different ? Its exactly the same way they handled the current mini–rig If they decide to ship out a whole lot of SC Singles 2 months before the first Rig it will seriously diminish the roi Furthermore, they are alreafing admitting they cant satisfy all the current demand on the first production run, hence the serioudly retarded semi lottery style So what if we are rig nr 5 on the list and they decide to send it to us in the 5th month of production ? Then it is wasted money BFL should really tell us how many of which products will be produced on the first run That way you know more what chance you have of actually getting the product shipped out to you As it stands now, with NO clarity whatsoever, it's too much of a gamble to throw down $30K for a product without a definite shipping date
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1/3rd of which units are we talking about ?
im guessing you will do the 1/3rd strategy for the 3 production lines seperately,
So jalapenos and singles wont be mixed together with tje lottery
Which means if im the onlyone to order a Asic rig, will I def receive one ?
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Too bad, thanks for trying though
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Are those order numbers correct? Looks like over 2000 already. Where do you see those numbers ?
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This is really bad customer relations... they just sporadically updated the website with an order form....
Gimme a break....
They asked for the forums opinion on how to proceed with the pre-ordering and delivery and now they just gone ahead and opened up pre-ordering without explaining the rules
unbelievable....
I'm curious just what in their past behavior lead you to think it would be any other way. Hope... I guess....
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Order forms have been posted....
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