Honestly, seeing this post by Bitmain, and hearing reports of them sending out dusty units with the old heat-sink design for Batch 5 completely destroyed any trust I had in them.

 Don't get me wrong, I'm happy with the performance of the B1 S5's I have, but I bought them because they were advertised as being quiet, and ~75dBA is not quiet by any reasonable measure.

 Also, had some private communication with them that didn't give me a warm and fuzzy feeling about doing more business with them. Their pricing shenanigans with the S5 was the final icing on the cake that made me buy a bunch of SP20's and finish out my farm for the time being - It's been making more sense to just buy BTC outright than purchase miners at the current prices.
 
 Will probably be getting out of the mining game entirely this year unless the economics significantly change.

Haha. This is a great find. Thanks for proving that "Gift from Elon" claim was total bullshit.

You'll probably pee yourself laughing after seeing this then.

Buying BTC at current USD value makes way more sense than buying an S5 at it's current price. I've been purchasing BTC via coinbase for the last few weeks myself.

It's going to cost me way more than $340 to mine 1 BTC with an S5 rather than spending ~$223 USD to acquire the same BTC presently.

I'm honestly surprised Bitmain has remained firm with their pricing at $340 for so long (when you're the only game in town, amiright ?) which is even more incentive to buy BTC than their miners right now.

Long story short: Garza wanted Yoshi to make a statement that they had ordered 6PH worth of Bitmain product without paying for the order.

I like this part.


Narcissist much ?

Joke's on him then. While they don't have an extradition treaty with the USA, they are big on capital punishment, and once Dubai catches up with how much of a criminal he is... well... he might want to start looking for another host country if he values his life, is what I'm trying to say.

What does that have to do with Paycoin being a complete fraud ?

Yep.

http://www.reddit.com/r/paycoin/comments/32wcke/boobs/cqg0frd

I guess he figures if he's going down for Paycoin, he's going to try to take Bitcoin down with him.

Such an unbelievably pathetic loser.

Fuck off and tell it to Homero.

How do you figure ?

Also, shame on you for trying to garner sympathy for Homero. The dude has committed a pretty major fraud.

Yeah, you can hear the nervousness and seriousness in Dan's voice. Feel sorry for the guy TBH.

Josh is such an incredible shitreaper.

$6,000 for a one night hotel stay ? That's outrageously irresponsible of him given their finances.

Unbelievable.

Subpoena for Bitcointalk information -- http://ia801803.us.archive.org/33/items/gov.uscourts.ksd.97083/gov.uscourts.ksd.97083.68.1.pdf

"Alexander et al v. BF Labs Inc." - http://ia801803.us.archive.org/33/items/gov.uscourts.ksd.97083/gov.uscourts.ksd.97083.docket.html

LOL @ Homero's Twitter getting hacked. Bet dude is melting down about now.

https://vimeo.com/83699131?#t=4:24

Everyone that Josh has fucked over should take comfort in knowing they will get a free hug.

Hmm. Where have I seen this sort of phrasing before...

Relevant Link ... because it's springtime ...