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first dibs on single spots.
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edit: and of course imsaguy :
Matthew or anyone else other than me and stcupp do not have any knowledge what so ever of when orders or shipments were/are made.
That's what I kinda figured.  my point was before he launched we bought the boards first and we didnt announce it, so i am bit surprised everyone is getting their boards before us , since we (RSM) were the first customer of this new fpga company we were first in line and i was hoping we would get the 9% refund too ! So why not contact him directly? |
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Sorry I wasn't around today everyone! All cards were tested before they were sent out. I do have a new firmware for the ARM chip for everyone though! http://fs07n5.sendspace.com/dl/56045c81d8dc87863633a93d98caa90a/4fe0dd5d18e34a41/0ixpqy/MMQ.zipReset button is on the left ISP button is on the right To do the update: Hold BOTH the Reset and ISP buttons Release the Reset button while still holding the ISP button Release the ISP button Unplug USB and plug it back in, the board will now show up as a mass storage device Open the MSD and you should see one file named firmware.bin Delete firmware.bin and copy the new firmware file to the device If running linux make sure you sync/unmount the drive first Unplug USB, hit the Reset button, and plug USB back in The firmware is now updated. If your still having problems email me at stephen@btcfpga.com or post here and I'll get back to you ASAP Make sure your cards are in the socket nice and snug I've seen cards get wiggled loose from the vibrations of fans I did all that, restarted it, It went through the programming, and then setting the clock speed using the cgminer-2.4.2mmq build, but still not seeing any shares accepted or rejected. On the cgminer-2.4.3-win32 build, it seems to just crash still. Phil send email to stephen@btcfpga.comhe is available now to provide tech support how about an irc channel.. like #btcfpga on freenode? |
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edit: and of course imsaguy :
Matthew or anyone else other than me and stcupp do not have any knowledge what so ever of when orders or shipments were/are made.
That's what I kinda figured. |
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1. Those who "struggle" with $15000, buy Singles instead, I doubt people who struggle financially make such investments.
2. If you have made such investment and you "struggle" then sell your place in line, there are many people willing to purchase.
3. If you "struggle" then such big investments are simply not for you.
Regardless of what you bought, whether it is singles or minirigs, if you essentially have to double down on what you bought so you don't get pushed to obsolescence, your expenses just doubled and what do you have to show for it? Its not like you're the only one upgrading. Essentially everyone is getting screwed. Not having clear terms only makes things worse. For those that keep asking why bitlane is so worried about the other miners and not himself.. he is a miner. All miners are in essentially the same circumstances. You might think you're all special and unique, but this isn't kindergarten and I'm guessing you're just like everyone else when you boil away all the fluff. Kudos to you bitlane, thistime. |
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Then I might change my mind. I don't believe that will be the case, but certainly, I could be wrong.
I get that you want to give them a benefit of the doubt, but they spent that from me a long time ago. |
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Well, the fact that they are offering full value trade ins kind of tells me they have a good deal of respect for their current customers.
And keeping shareholders interests first doesn't mean screwing over your customers. In fact, screwing over your customers would equate to NOT keeping your shareholders interests first, as the company would probably go under shortly afterward. Who wants to buy product from a company that screws its customers over?
Maximizing long term profits is just as viable a goal as maximizing short term profits. No shareholder or government entity is going to come down on BFL because they are trying to maximize long term profits.
How the hell is lying about shipping times "a good deal of respect for their current customers"? We haven't seen the trade in details, so offering full value trade ins means nothing at this point. I never said it did. What I did say is "Well, the fact that they are offering full value trade ins kind of tells me they have a good deal of respect for their current customers." They haven't released the details yet. What if it ends up being you can apply the price of a single single to the cost of a new unit? Which means, you get stuck paying the difference. Have 2 singles but can only afford/want 1 new single? Tough. The second one has no value other than what you can pawn it off to someone else with. That isn't respect for customers. They're just trying to preserve the flow of cash coming in on orders that they aren't shipping. |
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hello
I work with ceo of RSM , i am investor in RSM
we ordered your boards long time ago before anyone else , we still havent got them while everyone else getting them along with 9% discount
are we going to get 9% , has our 2 boards been sent yet ?
how come we never got them first before everyone else , since we ordered them first ?
How do you know the order of the purchases? It was public in our Red Star Mining thread So you know when the card that was shipped to me was ordered? |
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Well, the fact that they are offering full value trade ins kind of tells me they have a good deal of respect for their current customers.
And keeping shareholders interests first doesn't mean screwing over your customers. In fact, screwing over your customers would equate to NOT keeping your shareholders interests first, as the company would probably go under shortly afterward. Who wants to buy product from a company that screws its customers over?
Maximizing long term profits is just as viable a goal as maximizing short term profits. No shareholder or government entity is going to come down on BFL because they are trying to maximize long term profits.
How the hell is lying about shipping times "a good deal of respect for their current customers"? We haven't seen the trade in details, so offering full value trade ins means nothing at this point. |
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hello
I work with ceo of RSM , i am investor in RSM
we ordered your boards long time ago before anyone else , we still havent got them while everyone else getting them along with 9% discount
are we going to get 9% , has our 2 boards been sent yet ?
how come we never got them first before everyone else , since we ordered them first ?
How do you know the order of the purchases? |
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Sorry I wasn't around today everyone! All cards were tested before they were sent out. I do have a new firmware for the ARM chip for everyone though! http://fs07n5.sendspace.com/dl/56045c81d8dc87863633a93d98caa90a/4fe0dd5d18e34a41/0ixpqy/MMQ.zipReset button is on the left ISP button is on the right To do the update: Hold BOTH the Reset and ISP buttons Release the Reset button while still holding the ISP button Release the ISP button Unplug USB and plug it back in, the board will now show up as a mass storage device Open the MSD and you should see one file named firmware.bin Delete firmware.bin and copy the new firmware file to the device If running linux make sure you sync/unmount the drive first Unplug USB, hit the Reset button, and plug USB back in The firmware is now updated. If your still having problems email me at stephen@btcfpga.com or post here and I'll get back to you ASAP Make sure your cards are in the socket nice and snug I've seen cards get wiggled loose from the vibrations of fans Leave it named MMQ.bin or rename it firmware.bin? |
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Just for the hell of it, have you tried it on a different pool other than GPUMAX?
It probably wont make a difference but I am curious, considering GPUMAX is not a traditional pool.
I have a feeling we may need to issue a firmware update today, as soon as stcupp comes around we will get to the bottom of this, thanks for being patient but I assure you we will get to the bottom of this and get it resolved TODAY.
All of my testing was on eligius. |
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this can't be real.. they are going to kill GPU mining altogether! at those prices.. 3.5 GH/s for $150 is like getting 6990's for $40 and they run on a little solar panel. This has to be a joke. They would ruin bitcoin miners that spent too much on GPUs by releasing something like this.
FTFY Pretty much. The people said the same thing when it went to GPUs from CPUs. |
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They will make a lot of money back during that short window, but no where near the cost of the device. I believe, by buying this equipment, we're all just shooting each other in the foot.
Why do you think people will not make their money back. If you are one of the first to the table (timing is crucial here I think) mining at 1TH/s should recoup your $30,000 pretty quick even if the reward is halved to 25 and the difficulty starts to ramp up. Like I said calculations may be wrong but it does seem like their is an opportunity here Considering they will release more then one at once. Global hashrate doubles, you'll make half your guess with 1TH/s. 1 week goes by (2016 blocks found) and difficulty increases astronomically. Goodluck! When I plug the numbers, at Double the Difficulty and Half the reward the gear would still be repaid ($30,000) in 30 days Did you account for the difficulty rising twice (possibly 3 or even 4 times) during that period? When companies order chips like these, they arrive all at once.. If BFL has any common sense, they will flood the market with these things so everyone has a 'chance' at getting the first 1TH/s machine. Then everyone will complain that their ROI has risen back to 2 years. 1 month gross rates for 1TH/s at $6.38 exchange rate At present difficulty and 25 reward - $62850.86 USD Double the Difficulty 25 reward - $31425.43 USD Triple the Difficulty 25 reward - $20950.29 USD Quadruple the Difficulty 25 reward - $15712.71 USD It still seems to me that even as the difficulty ramps up if you are one of the first to market that you will enjoy a good rate of return until the field equalizes. So your actual return over the first 6 months would probably be a sliding scale of upward difficulty but your initial investment seems like it should be paid off rather quickly Your estimates are off. Every 2016 blocks, the difficulty would most likely quadruple. Which means in the first week, you'd already see your max profits get quartered. Give it another week (if it even takes that long) and they get quartered again (1/16). Another week, another quarter (1/64). The final week, another quarter (1/256). Not as shiny, is it? |
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Regarding the trade-in, you can keep your units until your BitForce SC is ready to be shipped.
Regards,
BF Labs Inc.
Ready to ship or has shipped? Those are two very separate things. I believe they did say ready to be shipped. Pretty cut and dry... We both know that BFL will often come back and 'revise' what they originally posted as a mistatement.. I want to make certain that what they said is what they mean. You could potentially mail in your old gear and wait for a long period of time while your new gear is 'read to ship' but hasn't actually shipped. Fair enough, but why would they ship you a product before you paid for it? No company does that for the average consumer... There's a lot of things BFL does/doesn't do that the average company does/doesn't do for the average company. |
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They will make a lot of money back during that short window, but no where near the cost of the device. I believe, by buying this equipment, we're all just shooting each other in the foot.
Why do you think people will not make their money back. If you are one of the first to the table (timing is crucial here I think) mining at 1TH/s should recoup your $30,000 pretty quick even if the reward is halved to 25 and the difficulty starts to ramp up. Like I said calculations may be wrong but it does seem like their is an opportunity here Considering they will release more then one at once. Global hashrate doubles, you'll make half your guess with 1TH/s. 1 week goes by (2016 blocks found) and difficulty increases astronomically. Goodluck! Isn't there a limit on how quickly the difficulty can increase? Does anyone know what that limit is? Yes, up to 4x per change. |
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Regarding the trade-in, you can keep your units until your BitForce SC is ready to be shipped.
Regards,
BF Labs Inc.
Ready to ship or has shipped? Those are two very separate things. I believe they did say ready to be shipped. Pretty cut and dry... We both know that BFL will often come back and 'revise' what they originally posted as a mistatement.. I want to make certain that what they said is what they mean. You could potentially mail in your old gear and wait for a long period of time while your new gear is 'read to ship' but hasn't actually shipped. |
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It may have a ton of potential, but even at the prices quoted, the newfound hashing power and difficulty will alienate many of the casual miners who make up a good portion of the mining power to date. It simply won't be worth it anymore to mine for 7 days and get a few bitcents at best.
My thought though is that the first to be able to take advantage of the near gear will have a quantum advantage in the market for a short period of time. It is in this window I think that one could realize significant profits while the rest of the field and difficulty etc caught up Its that short window that someone could also do something very malicious. |
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Regarding the trade-in, you can keep your units until your BitForce SC is ready to be shipped.
Regards,
BF Labs Inc.
Ready to ship or has shipped? Those are two very separate things. Why would they risk shipping a unit to have the person not send their current one in. I would want confirmation that 'ready to ship' does mean they have a physical unit with your name on it ready though. Why would I risk trusting a company that is known to be deceptive about their shipping statements? |
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BFL-Engineer: Not meaning disrespect here, but is the SC Jalapeno a serious product? The idea of a small USB appliance for $150 that puts out 3.5GH/s is awesome, but I can't think of a good reason to make a coffee warmer out of it. It seems that would make the junction temperature needlessly high if you're maintaining the hot plate at 50-60C (common for most coffee warmers).
Why not do a 3.5GH/s USB hub or something where you could add a more effective heatsink and keep junction temperatures down?
Well, our chips are not going to find much problem when they heat up, they are engineered for that. We thought that we can channel that heat and make it useful to keep your coffee warm for example. Regards, BF Labs Inc. That's either some luke warm coffee or a really bad asic chip. |
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