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1321  Economy / Scam Accusations / Re: Criminal Lawsuit against BFL in Germany [in progress] on: July 17, 2013, 03:12:20 AM
Strange that the original poster has perfect English, then perfect German.  Later posts are typed in broken English.
Sold/hacked account for FUD?
1322  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 16, 2013, 05:38:57 AM
Josh,
Are you thinking that people should take delivery instead of hosting?  It would be an option I wouldn't mind if you suggested as such.
And/Or take partial delivery.

Still wondering if you have come up with a plan for WHAT could be hosted?
Just MRs?
$300 for original MR converts to $300 for MR (1.5th) or $325 or $300 per MR (500ghash), etc.

I am interested in seeing what you have come up with before waiting until taking delivery of units.

Also, is there any hint as to how many units are in the queue (and how many in that queue are slated to come to you (hosted or purchased by you)).
- Just hurts to see Jody posting MRs shipped from Day1 orders as I can't imagine there being that many.

Any idea how many FPGA units were paid upgrades to ASIC?

1323  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 16, 2013, 01:55:24 AM
One thing I can confirm is that Day1 orders which paid with BTC are ahead of Day1 orders which paid via wire as it took BFL several days to confirm a wire. == Day4 order.
1324  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: July 15, 2013, 01:38:29 PM
It's only been three weeks. Smiley
1325  Bitcoin / Group buys / Re: [Closed] JIT Group Buy #7 1045+ ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 30, 2013, 04:43:28 AM

Eh!?
1326  Bitcoin / Group buys / Re: [OPEN] JIT Group Buy #7 1030+ ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 28, 2013, 04:52:45 AM
This guy really needs an intermediary or partner to help him out or just organize the messages and questions presented
actually, they are organized  Grin
I just provided the total

Organized in Date order?  Smiley
1327  Bitcoin / Group buys / Re: [OPEN] JIT Group Buy #7 1030+ ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 27, 2013, 06:13:56 PM
FIRST BATCH HAS JUST BEEN DELIVERED.

You  won't hear from me for a while.  I'm shipping.  Grin Grin

Smiley
1328  Bitcoin / Group buys / Re: [OPEN] JIT Group Buy #7 @500+/50 ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 24, 2013, 07:23:06 PM
CIM,

When do you think this buy will close?

I have already pre-ordered a sizeable number of these puppies with friedcat as soon as he made the announcement today.

From this point on, I will be placing an order with friedcat every 1-2 days initially (possibly increasing to 2-3 days according to demand) and will not be placing end-timers or closing this group buy.  It will close when there is no more inventory from friedcat or if demand dissapears.
1329  Bitcoin / Group buys / Re: [OPEN Worldwide] Group Buy #7 @1/50 ASICMiner Erupter USB 2.04236 ea. @ 5 units on: June 24, 2013, 06:37:05 PM
Shipping is first in first out.  So the batch I had ordered personally will begin to ship to satisfy your placed orders in the order of payment received.

When did you place that order?  Was just wondering when those were going to come in.
1330  Bitcoin / Group buys / Re: [OPEN] JIT Group Buy #7 @400+/50 ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 24, 2013, 01:51:51 PM
"patient".... Heh, I am.  Been waiting on BFL for a year as of today.

I was more wondering how Canary is going to handle the payments which can't be verified because they were sent from third part (exchange, etc).

I think that when the list comes out, several people are going to wonder why their order isn't listed and have a shocked face.   Shocked
1331  Bitcoin / Group buys / Re: [OPEN] JIT Group Buy #7 @400+/50 ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 24, 2013, 01:18:00 PM
CanaryInTheMine
I don't show that you have posted a single confirmation or reply to payments.
Only guessing here since I was the second order, I haven't received a PM, and not listed in the first or second post of the thread.

I know you have changed the terms of the auction in that you will sell as many as the people want; however, it would be nice to still get confirmations as I see people are making mistakes in not actually paying from addresses they have access to (like sending directly from exchange and in turn not being able to sign payments) and sending from multiple addresses per transaction.
1332  Bitcoin / Group buys / Re: [OPEN Worldwide] Group Buy #7 @1/50 ASICMiner Erupter USB 1.01618 ea. @ 10 units on: June 23, 2013, 08:54:43 PM
I want 10.

Based on quote:
So this is about (10*.99)+.09+.0218+.15 = 10.1618 BTC per 10 USB devices.
Paying to: 1JzCPZvUsnTTcedDfCyz1SV52Lc1aLSRhm

send the total amount (C = (N * 0.99)+ 0.2618) to the given address
post your order in the following format: <forum nick>; <N>; <C>; <sending address>

Michail1; 10; 10.1618; 1BZVNf7obEzNaPyp4929y27t3u47oqnV3V
1333  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: June 22, 2013, 06:02:32 PM
It seems to clarify a little assuming it was Inaba paying for the upgrade in equipment...
My stance is.... What if I (Me) pays for the upgrade from FPGA to ASIC.
Example:  I pay $15k for FGPA and I pay $15k upgrade to ASIC.
I would have paid from 6058 to 11842 shares?  (Which by example gives me from 1BTC to 2BTC daily?)

If this is the case, then I would be a fool to buy such.  This is why I am confused and maybe I am in the wrong thread based on ME paying for the devices vs simply shares that people can buy in on.
Because.... I would NOT want to pay for an 25GH unit making 1BTC per day and pay for a 1.5TH unit to make only 2BTC a day based on shares.

Much higher?  Yes, if 25ghash today is 1BTC daily, then a ASIC 1.5TH should be 60 times (60btc) daily.
(Sorry if I am still misunderstanding)
What you are describing sounds more like hosting: i.e. you own an FPGA minirig, you have Inaba hosting it under the BFLS.RIG umbrella, and want to pay to convert it to an SC minirig. So you would end up owning an SC minirig, and would expect to get the income generated by such a device. Actually this is not much different than the 'regular' shareholders here who effectively own fractional (as opposed to full) FPGA Singles and/or minirigs.

Let's continue with your scenario: hypothetically, if you had a $15k FPGA minirig (6058 BFLS.RIG shares) and if you were to pay an additional $15k to upgrade it to a minirig SC then, yes, you would end up with double the shares (11842 shares). But those would all be converted to BFLS.RIG.SC shares, not FPGA, and those 11842 shares represent a full SC minirig (1.5Thps). I say 'hypothetically' because if you haven't paid for your upgrade yet, it may be too late. I believe BFL's upgrade window has closed and even if not, the upgrade cost would be much higher now that the hardware costs have doubled recently.

But back to your specific example: double the shares for $15k, yes. But after the (again, no-cost to you) conversion they would no longer be 'fpga shares'; they would be 'sc shares'. So you'd have the full hashrate of an SC 1.5Thps minirig generating 60x the income of your current 6058 FPGA minirig shares. Hopefully this makes things somewhat clearer.

Now, the details of share conversion (how many extra shares per SC Single? How many per SC minirig? Will BFLS shares be converted to BFLS.RIG; etc) haven't yet been finalized. But the bottom line is that if you own shares equivalent to an SC minirig, you will get the income expected from an SC minirig. Just like it has always been with BFLS/BFLS.RIG.

Hello,
Yes, that is exactly what I had meant.
You cleared it up with regards that I would be converted from BFLS.RIG to BFLS.RIG.SC which would earn 60 times the current rate (assuming I did have the minirig and did prepay for the asic upgrade).
I guess it would have to be thought about for people that later paid for the upgrade to ASIC minirig AFTER the price changed and after the minirig was changed from 1.5th to .5th.

Thanks.  Of course I might have more questions.  Thanks again.
1334  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: June 22, 2013, 03:31:17 PM
FPGA Minirig:
cost:   $15295
shares: 6058 per minirig
      
SC Minirig:    (this is the original 1.5Thps unit; I can re-run these for the 500Ghps unit if it makes more sense)   
upgrade cost: $14705 (a guess; does anyone remember the original number?)
I see the 6058 shares for the minirig (fpga).
It was mentioned that the upgrade would be 11842 shares.

Uhhhmmm, I might be looking at this wrong; however, my question is:
If I were to have a minirig (fpga - $15k) earning (for example) 1BTC daily on a 25Ghash machine, then why would I pay to upgrade (ASIC - $15k more) 1.5THash for simply double shares to earn 2BTC daily?

Am I looking at this wrong?
Hi Michail1, there are 2 key points to understand:

1] the upgrade to SC is 'free' for all shareholders. If you have 6058 shares of BFLS.RIG today, you will end up with 6058 shares of BFLS.RIG.SC. That would not represent a full minirig SC, however, just a fraction of one (something like 6058/11842, or roughly half). This is how the upgrade can be done for no out-of-pocket cost to the shareholders; Inaba has already paid for the SC upgrade and his contribution is converted into extra shares for himself (based on Inaba's upgrade cost relative to the FPGA hardware value).

2] there is no 'double your shares' here. Whatever shares you have now, you will have the same amount after conversion to SC. The difference is that an FPGA share represents roughly 4Mhps now, but a converted share represents something much higher: more like ~35Mhps to ~125Mhps depending on how much hardware Inaba is able to convert. So after the (free) conversion, your hashrate (and, thus, earnings) will be much higher than today.

Hope that clarifies things a bit.

It seems to clarify a little assuming it was Inaba paying for the upgrade in equipment...
My stance is.... What if I (Me) pays for the upgrade from FPGA to ASIC.
Example:  I pay $15k for FGPA and I pay $15k upgrade to ASIC.
I would have paid from 6058 to 11842 shares?  (Which by example gives me from 1BTC to 2BTC daily?)

If this is the case, then I would be a fool to buy such.  This is why I am confused and maybe I am in the wrong thread based on ME paying for the devices vs simply shares that people can buy in on.
Because.... I would NOT want to pay for an 25GH unit making 1BTC per day and pay for a 1.5TH unit to make only 2BTC a day based on shares.

Much higher?  Yes, if 25ghash today is 1BTC daily, then a ASIC 1.5TH should be 60 times (60btc) daily.
(Sorry if I am still misunderstanding)
1335  Economy / Securities / Re: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales on: June 22, 2013, 05:19:00 AM
FPGA Minirig:
cost:   $15295
shares: 6058 per minirig
      
SC Minirig:    (this is the original 1.5Thps unit; I can re-run these for the 500Ghps unit if it makes more sense)   
upgrade cost: $14705 (a guess; does anyone remember the original number?)

$14,604.00 per invoice minus the shipping - $348 (credited back)

And the reason for my post.....
I see the 6058 shares for the minirig (fpga).
It was mentioned that the upgrade would be 11842 shares.

Uhhhmmm, I might be looking at this wrong; however, my question is:
If I were to have a minirig (fpga - $15k) earning (for example) 1BTC daily on a 25Ghash machine, then why would I pay to upgrade (ASIC - $15k more) 1.5THash for simply double shares to earn 2BTC daily?

Am I looking at this wrong?

1336  Economy / Marketplace / Re: ["WAIT LIST"] BFL SC Pre-Order Information on: June 20, 2013, 06:31:09 PM
"I will also be starting a TerraHash Wait List later today (as per designdream's request). Stay tuned for that!"

TerraHash - Staying tuned!
1337  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] I buy ripple 6900XRP=1btc Be payed the right price - Immediate payment on: June 09, 2013, 04:17:23 PM
725 to 6900 ?
1338  Economy / Currency exchange / Re: WTS: $100k+ BTC below mtgox spot for cash on: May 31, 2013, 04:51:26 PM
Alex and I are familiar with each other.
Thanks TBZ

Michail1 territory.
1339  Economy / Currency exchange / Re: WTB 100+ BTC ASAP on: May 24, 2013, 09:13:01 PM
Interested.
1340  Economy / Currency exchange / Re: Buying 100+ BTC on: May 24, 2013, 01:58:58 PM
Was a "Rate" established somewhere in the thread.  I can't see it.
"Interested" - meaning I could handle such an amount; however, haven't seen what the offering rate was.
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