AndrewBUD
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October 26, 2012, 06:14:39 PM |
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^ will probably end up being true.
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king_pin (OP)
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November 02, 2012, 04:52:00 PM |
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It is the 2nd of November - Any ASICs BFL?
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2GOOD
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November 07, 2012, 12:44:27 AM |
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I just LOVED this! Day 0 is expected roughly around November 30th, plus or minus a week:
Day T-10: Four of the five ASIC manufacturers claim to be finalizing the design / optimizing / trying to resolve some nagging power issue / whatever, yet not a single person that pre-paid for an ASIC has one in-hand. Day T-8: Difficulty of 3.5 million and exchange rate of $15 mean profitability is still acceptable for GPU miners paying average electric rates or less. Day T-5: A lot more "N Ghash/s for sale" listings will start to appear [Edit: as-in total liquidation of N GHash/s of capacity] Day T-4: Difficulty for Litecoin rises as miners experiment, causing there to be no chance of profit from Litecoin mining either. Day T-3: Block 209,664 -- last difficulty adjustment before the block subsidy reward drops (fact, not a prediction) Day T-1: Last day that anywhere near 7,200 BTC is produced (fact, not a prediction) Day 0: Block 210,000 hits and only about 3,600 are produced (fact, not a prediction) Day 1: Blocks slow to about 11 minutes as some GPU miners realize basic math and power down. Day 2: Exchange rate volatile, both up and down, but returns to previous levels -- about $15. Day 3: Anger and vitriol from GPU miners who are still "underwater" on their GPUs purchased in 2012. Day 4: Anger and vitriol from FPGA miners who somehow didn't realize that "much more efficient" doesn't protect against a revenue drop of 50% Day 5: Blocks slow to about 12 minutes as more GPU miners realize the payouts are dismal and begin to proceed past "denial", the first step in the grieving process, Day 6: ASIC hardware developers see an even greater number of prepayments for hardware. Much gnashing of teeth on the forums. Day 7: Hashing on CoinLab's GPU network grows tremendously as miners cash in their built-up loyalty credits. Day 8: Nearly all NVidia GPUs that were used for mining are now either computing with CoinLab or have been decommissioned. Day 9: Gamers elated over some really good AMD and NVidia graphics cards available "really, really cheap" on eBay. Day 10: Blocks slow to about 13 minutes, as not only did the block reward subsidy drop but so did the frequency of blocks -- making mining bring in even less revenue each day. Day 11: Speculators hoping for the "doubling" of the exchange rate realize it didn't happen (or perhaps already happened, from $5-ish, over the summer), and sell off a little Exchange rate drops to $12-ish. Day 12: ASIC manfuacturers claim to be finalizing the design / optimizing / trying to resolve some nagging power issue / whatever, yet not a single person that pre-paid for an ASIC has one in-hand. Day 13: Block 211,680 - difficulty adjusts. Drops 15%. Back to one block every ten minutes. Day 14: Mining operators are still seeing electric bills from the previous month's consumption. Even more anger, vitriol and gnashing of teeth. Day 15: Christmas-related activities overtake bitcoin as being the event more important to many mining operators. Day 25: The daily "average price" remains in a range between $12 and $15. Day 26: Many "slightly used" GPU cards land in wrapped boxes under trees. Others, particularly those who had a larger investment in their GPU rigs, are using the phrase "bah, humbug" more than they had in any prior holiday season. Day 27: Difficult adjusts, dropping another 5%. Yawn. Day 30: ASIC manufacturers claim to be finalizing the design / optimizing / trying to resolve some nagging power issue / whatever, yet not a single person that pre-paid for an ASIC has one in-hand. This is getting closer to true with the latest BFL November/December shipping announcement. Day 26 is my favorite line
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abracadabra
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November 07, 2012, 12:58:44 AM |
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just wait, just 2 more months
It's 2 months and 1 week. What are we waiting for?
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king_pin (OP)
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November 08, 2012, 02:38:39 AM |
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What happened to BFL_Josh? Is he alive?
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firefop
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November 08, 2012, 03:26:16 AM |
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What happened to BFL_Josh? Is he alive? That's for offical BFL stuff... he still posts here on his personal account (Inaba). But he's quite active on BFL offical forums.
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king_pin (OP)
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November 08, 2012, 10:42:16 PM |
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And I bet his most commonly used words are: Tomorrow, Soon, Next Week, Next month ...
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king_pin (OP)
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November 15, 2012, 02:23:11 AM |
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I received my BFL ASIC today it is made out of NOTHING!
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strideynet
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November 15, 2012, 06:44:53 AM |
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2 community members are visiting at end of this month. I think it's yochdog. And someone.
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Chloride
Newbie
Offline
Activity: 26
Merit: 0
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November 15, 2012, 07:01:42 AM |
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Well, that's capitalism. Take chances, win big or lose your money.
If BFL does have ASICs, then the people who put their money on the line in pre-orders are going to have a heyday when it first gets released and the difficulty hasn't increased yet. The people who decided to wait will still have a chance to mine, but not until after the difficulty has ramped up.
If BFL doesn't have the ASICs... well. That's highly unfortunate, but hey; you're working with experimental technology that works with a relatively experimental e-currency, you have to expect that things might not turn out according to plan. Invest at your own risk.
I haven't pre-ordered (Although I gave the Jalapeno some serious thought with the low starting price), so I think I'll see how it works when the first people begin to get theirs and think about it.
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king_pin (OP)
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November 28, 2012, 04:58:07 PM Last edit: November 28, 2012, 08:14:51 PM by king_pin |
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EDITED:Here is a quote from BFL's admin: While I can't give a hard date and say "absolutely" this is the date, it looks like the week of the 11th, source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/437-asic-update-26-november-2012-a.htmlInterestingly, since the first per-orders the price of BTC went almost double. So will BFL return full refunds or "full refunds" I am expecting some comment from all who opposed me, blamed that im working for someone, and were defending BFL.
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AmDD
Legendary
Offline
Activity: 1027
Merit: 1005
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November 28, 2012, 05:03:42 PM |
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So did I or did I not say January! Here is a quote from BFL's admin: I really can't express the depth of how incredibly pissed off I am about this project (as I am sure you are as well). After hours of meetings and discussions today with my engineering team I don't see any possible way we will be able to release the bASIC before mid January. source: https://www.btcfpga.com/forum/index.php?topic=125.0Um, thats not BFL, thats BitcoinASIC/BTCFPGA/Tom/Cablepair talking about his product called bASIC.
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BTC tip jar: 18EKpbrcXxbpzAZv3T58ccGcVis7W7JR9w LTC tip jar: Lgp8ERykAgx6Q8NdMqpi5vnVoUMD2hYn2a
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bitcoinvideos
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November 28, 2012, 05:04:22 PM |
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That is a rough place to be for sure. I remember when I opened my first business and the delays etc almost made me lose it. I certainly hope they turn out some products for the future or it will disenfranchise the entire BTC community.
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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November 28, 2012, 05:17:57 PM |
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So did I or did I not say January! Here is a quote from BFL's admin: I really can't express the depth of how incredibly pissed off I am about this project (as I am sure you are as well). After hours of meetings and discussions today with my engineering team I don't see any possible way we will be able to release the bASIC before mid January. source: https://www.btcfpga.com/forum/index.php?topic=125.0Um you do know you look stupid right? The bolded portions are hints.
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Aahzman
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November 28, 2012, 05:38:37 PM |
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So, you're posting a link to the topic we're already reading, which has no new info?
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squeept
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November 28, 2012, 05:42:32 PM |
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We're supposed to listen to the judgement of someone that hasn't even mastered "copy and paste"?
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I'm just going to keep repeating "it's an Altera HardCopy" because I haven't the slightest clue what I'm talking about.
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Aahzman
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November 28, 2012, 05:43:36 PM |
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We're supposed to listen to the judgement of someone that hasn't even mastered "copy and paste"?
Seems legit.
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king_pin (OP)
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November 28, 2012, 06:10:30 PM |
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We're supposed to listen to the judgement of someone that hasn't even mastered "copy and paste"?
Yes, because he told you so, and was right!
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SLok
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November 28, 2012, 07:33:52 PM |
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We're supposed to listen to the judgement of someone that hasn't even mastered "copy and paste"?
Yes, because he told you so, and was right! Huh??? Quote: In my personal opinion there is something very stinky about BFL: No certain delivery dates. ----------- no asic vendor gave, besides this was known when you posted, so a useless comment No pictures or schemes or anything. --------- fail point, pictures shown, if you expect to get schematics, dream on! Very limited information (actually there is no information on the ASICs). ------------ Too basic complaint. What do you want to know? No one answers their phone. ------------ How many times have you called? I bet never. They answer your e-mail within 2-3 weeks. ------------ utter lie, I had email exchanges with answers between 2 minutes to 2 days at the august peak periods All their answers are with a maybe or possibly. ---------- again, what are you asking? I never got it why are BITCOIN payments preferred. ---------- They are not, but considering it's all about bitcoins, I wouldn't mind if they were The broke the law of e-bay - 2 months to appeal and ask for a refund with their 2 to 4 to 6 months delivery - maybe. --------- fail, bfl does not sell on ebay, some bloke sells his places in line They are a business registered in Massachusetts on the name of some Mexican woman. ------------- fail, fud from months back. They are playing with millions yet their website is made with WordPress. -------------- So? Up to today no one has either seen, touched or heard their ASICs. (even remotely) ---------- Not heard of their asics? Are you deaf? Do you read magazines, follow more vendors? In short, utter fail attempt to score with nothing. Again.
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