Price of BFL FPGA's

[squall1066]

Hiya guys, I will keep this short and sweet, Why are these units selling for 10BTC now (~$1200) with the Avalon release and other units in the pipeline, When they were ~$599? new over a year (poss two now) Ago, When there was some ROI on them? Now with diff at 10M where's the ROI? Or even the point of buying these units at twice the price for 1/4 of the returns you would get a while ago?

The only possible long shot I can think of is replacing your GPU farm, But at higher cost to save power?

Am I missing something?

[Foofighter]

i think you can return them to BFL for a fixed price..

[jspielberg]

I think previous fpga customers get preferred shipping of the new asic machines once they are shippable. If you send in your old rig they pit you in the priority queue.   Avalon has a similar thing going on for their FPGA customers.

[squall1066]

Has the BFL trade in been extended again then? Last I herd it was moved from end feb to end march.

In my head it still does not dilute the huge price increase in these old units.

[bitcoindaddy]

i think you can return them to BFL for a fixed price..

This is true.

I think previous fpga customers get preferred shipping of the new asic machines once they are shippable. If you send in your old rig they pit you in the priority queue.   Avalon has a similar thing going on for their FPGA customers.

This is not true. Your position in queue is solely determined by when you paid and has nothing to do with the trade-in. Trade in customers are not given priority.

[rammy2k2]

Hiya guys, I will keep this short and sweet, Why are these units selling for 10BTC now (~$1200) with the Avalon release and other units in the pipeline, When they were ~$599? new over a year (poss two now) Ago, When there was some ROI on them? Now with diff at 10M where's the ROI? Or even the point of buying these units at twice the price for 1/4 of the returns you would get a while ago?

The only possible long shot I can think of is replacing your GPU farm, But at higher cost to save power?

Am I missing something?

people are stupid, plain and simple

[jspielberg]

i think you can return them to BFL for a fixed price..

This is true.

I think previous fpga customers get preferred shipping of the new asic machines once they are shippable. If you send in your old rig they pit you in the priority queue.   Avalon has a similar thing going on for their FPGA customers.

This is not true. Your position in queue is solely determined by when you paid and has nothing to do with the trade-in. Trade in customers are not given priority.

Thanks for clarifying this point.  At one point they stated they were going to have some kind of system for portioning out their miners as they became available (1/3rds shipping?).  Anyway... it looks like that has been scrapped as their production volume is too low. 

I guess people are just desperate for anything (better than GPU).

[crazyates]

Has the BFL trade in been extended again then? Last I herd it was moved from end feb to end march.

In my head it still does not dilute the huge price increase in these old units.

As of right now, it's been extended to July, according to their FAQ. I suspect it will be pushed back further, as the program hasn't even started yet!

[twitami1]

Actually, its until June 1st--BUT, there does not seem to be any way to actually do it on their website...

[squall1066]

O.K. Cool, Its not just me then, Thanks guys (poss guy-etts)

If the units were about what I would pay for them (of course something is only worth what someone is willing to pay for it) Which is around $250-$300 tops, It would be a good time for me to change away from GPU and save some power, But even at that price I would be spending more to save on power. But would be a cost I would pay for size/power/rigs/equipment reductions.

Just a further thought,

Has the BFL trade in been extended again then? Last I herd it was moved from end feb to end march.

In my head it still does not dilute the huge price increase in these old units.

As of right now, it's been extended to July, according to their FAQ. I suspect it will be pushed back further, as the program hasn't even started yet!

As trade in is still on-going, Some of the price for buying a FPGA would offset the price of a new order, And you could still mine a little (or poss a lot until BFL deliver) time to recoup some loss, But even this is still a huge loss compared to buying BTC and sitting on it?

I think this is more the case

people are stupid, plain and simple

 

[roy7]

Maybe it's increased demand because of an increased userbase and minerbase?