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Author Topic: BFL ASIC worth the risk for pre-order?  (Read 5068 times)
meowmeowbrowncow
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December 06, 2012, 12:46:27 PM
 #21



Some disclosure from Avalon to consider.  Some facts rather than 'real soon now.'

https://bitcointalk.org/index.php?topic=120184.msg1381739#msg1381739

"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
wdBTCtrader
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December 06, 2012, 01:25:36 PM
 #22

Also, the world is going global no matter how much we fight against it.

I highly doubt the world will ever be global.

I don't care who you are, that's just funny. 
wdBTCtrader
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December 06, 2012, 01:39:20 PM
 #23

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining. 

So yes it is worth it and they will deliver.
Bitware
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December 06, 2012, 01:59:22 PM
 #24

Also, the world is going global no matter how much we fight against it.

I highly doubt the world will ever be global.

I don't care who you are, that's just funny. 

Yea its funny. I should have worded that better, but I will leave it for posterity.
creativex
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December 06, 2012, 06:06:58 PM
 #25

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining. 

So yes it is worth it and they will deliver.

They'll most likely deliver, the question is WHEN and how high will difficulty be by that time?

jjiimm_64
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December 06, 2012, 07:36:26 PM
 #26

They'll most likely deliver, the question is WHEN and how high will difficulty be by that time?

This is the key "high will difficulty be by that time?"'

since some of us preordered at the beginning, diff will not be that high when we receive our hardware.

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creativex
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December 06, 2012, 07:49:12 PM
 #27

How do you know that? How do you know BFL's "scheduled shipments" will actually ship? They haven't shipped any ASICs on schedule yet, they just give it some lip service and another fuzzy schedule. Thus far their ASIC launch has followed their history with FPGA products. If that trend continues this could get ugly for BFL customers, particularly for those that paid early with BTC.

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December 06, 2012, 08:17:47 PM
 #28

How do you know that? How do you know BFL's "scheduled shipments" will actually ship? They haven't shipped any ASICs on schedule yet, they just give it some lip service and another fuzzy schedule. Thus far their ASIC launch has followed their history with FPGA products. If that trend continues this could get ugly for BFL customers, particularly for those that paid early with BTC.

I hope they do follow the way of the fpga release...  it would mean singles (SC) will ship before the rigs. more of an advantage...  and a delay is good to. 

Do you think difficulty will rise given the current landscape.?

The longer they delay, and still be first to ship asic, the better it will be for the early pre-orders.

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mem
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December 07, 2012, 01:39:23 AM
 #29

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining. 

So yes it is worth it and they will deliver.

Gosh gee whizz, a newbie thats barely been on the forums trusts BFL and knows what ASIC stand for.
Obviously if you know what the acronym stands for you know all the specific details of R&D -> Production and all the potential pitfalls along the way.

So, trust this guy - seems legit.

creativex
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December 07, 2012, 05:26:02 AM
 #30

How do you know that? How do you know BFL's "scheduled shipments" will actually ship? They haven't shipped any ASICs on schedule yet, they just give it some lip service and another fuzzy schedule. Thus far their ASIC launch has followed their history with FPGA products. If that trend continues this could get ugly for BFL customers, particularly for those that paid early with BTC.

I hope they do follow the way of the fpga release...  it would mean singles (SC) will ship before the rigs. more of an advantage...  and a delay is good to. 

Do you think difficulty will rise given the current landscape.?

The longer they delay, and still be first to ship asic, the better it will be for the early pre-orders.

That's the whole ball of wax right there isn't it? Both Avalon and bASIC are now saying they'll ship in mid - late January and BFL will ship...umm...whenever the energy is right. I give BFL a very low chance of beating Avalon to shipping at this point, they've been jerking their customers around for months already.

wdBTCtrader
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December 07, 2012, 05:28:31 AM
Last edit: December 07, 2012, 05:51:46 AM by wdBTCtrader
 #31

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining.  

So yes it is worth it and they will deliver.

Gosh gee whizz, a newbie thats barely been on the forums trusts BFL and knows what ASIC stand for.
Obviously if you know what the acronym stands for you know all the specific details of R&D -> Production and all the potential pitfalls along the way.

So, trust this guy - seems legit.

You make this assumption because of a legitimate reason or are you just generally a douche?  

Was anything I wrote incorrect?
mem
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December 07, 2012, 07:42:50 AM
 #32

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining.  

So yes it is worth it and they will deliver.

Gosh gee whizz, a newbie thats barely been on the forums trusts BFL and knows what ASIC stand for.
Obviously if you know what the acronym stands for you know all the specific details of R&D -> Production and all the potential pitfalls along the way.

So, trust this guy - seems legit.

You make this assumption because of a legitimate reason or are you just generally a douche?  

Was anything I wrote incorrect?

douche bag  seems legit  ^

Did you have any content to add besides the definition of ASIC and your 2c of "hey Im a newbie and you should trust me !!!".

wdBTCtrader
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December 07, 2012, 08:18:34 AM
 #33

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining.  

So yes it is worth it and they will deliver.

Gosh gee whizz, a newbie thats barely been on the forums trusts BFL and knows what ASIC stand for.
Obviously if you know what the acronym stands for you know all the specific details of R&D -> Production and all the potential pitfalls along the way.

So, trust this guy - seems legit.

You make this assumption because of a legitimate reason or are you just generally a douche?  

Was anything I wrote incorrect?

douche bag  seems legit  ^

Did you have any content to add besides the definition of ASIC and your 2c of "hey Im a newbie and you should trust me !!!".

what exactly are you contending?  ASICS have not existed or there have never been cryptographic asics that can perform sha-256?  


Here is something I found by using this thing called a search engine you can try it yourself just type http://www.google.com in that white box at top of your browser.  

http://rf.harris.com/media/SierraII_tcm26-9224.pdf
http://www.heliontech.com/core.htm


And now that I've taught you how to use the internet.  go ahead and try the search yourself.  you'll see numerous academic papers and even a contest hosted by NSIT, (thats stands for the National Institute of Standards and Technology) to implement SHA-3 in hardware.  by that I mean they were challenged to implement the newest standard of SHA using an ASIC.

Here is some homework for you little buddy.  When did the contest end, and was the there a winner?


why don't you do some research before you come play with the big boys, okay.  

creativex
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December 07, 2012, 09:17:47 AM
 #34

Not necessary. NIST is the goobermint agency charged with explaining the physics behind the collapse of WTC 1, 2, & 7 on 9/11/2001. A high school physics teacher then dismantled their theory in seconds. It was a truly pathetic display.

bcpokey
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December 07, 2012, 09:18:03 AM
 #35

back to the topic.  As you can see from my signature I am one of the faithful and believe BFL will deliver.  The main reason being is ASICs (Application Specific Integrated Circuits) are not some mystery piece of tech that has just emerged over the last couple of months to satisfy Bitcoin miners.  ASICs have been around for some time. When you hear of something being "implemented in hardware" they are most likely referring to an ASIC.  There are even ASICs used for cryptography that perform  sha256 already in existence.  What BFL is offering an enhancement to existing tech that is focused on Bitcoin mining.  

So yes it is worth it and they will deliver.

Gosh gee whizz, a newbie thats barely been on the forums trusts BFL and knows what ASIC stand for.
Obviously if you know what the acronym stands for you know all the specific details of R&D -> Production and all the potential pitfalls along the way.

So, trust this guy - seems legit.

You make this assumption because of a legitimate reason or are you just generally a douche?  

Was anything I wrote incorrect?

douche bag  seems legit  ^

Did you have any content to add besides the definition of ASIC and your 2c of "hey Im a newbie and you should trust me !!!".

what exactly are you contending?  ASICS have not existed or there have never been cryptographic asics that can perform sha-256?  


Here is something I found by using this thing called a search engine you can try it yourself just type http://www.google.com in that white box at top of your browser.  

http://rf.harris.com/media/SierraII_tcm26-9224.pdf
http://www.heliontech.com/core.htm


And now that I've taught you how to use the internet.  go ahead and try the search yourself.  you'll see numerous academic papers and even a contest hosted by NSIT, (thats stands for the National Institute of Standards and Technology) to implement SHA-3 in hardware.  by that I mean they were challenged to implement the newest standard of SHA using an ASIC.

Here is some homework for you little buddy.  When did the contest end, and was the there a winner?


why don't you do some research before you come play with the big boys, okay.  



He's saying that we all know ASICs exist already, it's been discussed hundreds of times on the forums, but that it doesn't mean anything to us. Until product meets consumer, it's all just a "let's hope for the best" scenario.

As creativex said, yes, they will probably be able to put out an ASIC, but who puts out what, when, with what specs, we don't know, as everything is in flux. And that is a (the?) critical component of this whole deal.
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December 07, 2012, 09:26:24 AM
 #36

so what the hell are we arguing about?  I said that ASICs "are worth it and BFL will deliver" and that ASICs are nothing new.  It was either one of those statement that has douchebag up in arms.  He still hasn't' stated what exactly was his problem.  other than he has a problem with me being new to the forums. 
wdBTCtrader
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December 07, 2012, 09:31:58 AM
 #37


He's saying that we all know ASICs exist already, it's been discussed hundreds of times on the forums, but that it doesn't mean anything to us. Until product meets consumer, it's all just a "let's hope for the best" scenario.


To be exact this is what he is saying.  


Did you have any content to add besides the definition of ASIC and your 2c of "hey Im a newbie and you should trust me !!!".

What I'm not allowed to answer OP without being berated?
bcpokey
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December 07, 2012, 09:38:38 AM
 #38


Did you have any content to add besides the definition of ASIC and your 2c of "hey Im a newbie and you should trust me !!!".

To be exact this is what he is saying.  What I'm not allowed to answer OP without being berated?

I can only interpret his words to keep communication clear, I can't speak to his motivations.

To return to topic, I would still say that it is worth it if you can get in anywhere in the first 30million difficulty, and you enjoy caretaking magical boxes. After that, you're at much risk.
wdBTCtrader
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December 07, 2012, 10:34:20 AM
 #39

I'm an idiot for stating that it's been done before, and it can be done again?  So  which would you rather rely on?  The very first rocket attempt,  or the a rocket that has been developed after many successful trials and has been proved not only in theory, but in practice?  

I never brought up the engineers at BFL because I don't know.  I won't speak to what I'm not privy to. My answer focused on the ASIC.    

You must be the representative of the morons the as well as the douchebags.  



Douchebags would generally have issue with the factual basis of your quoted statement about BFL delivering, given that they haven't, and have knowingly lied about the status of their production for months.

btw:  my statement used the word "will" meaning in the future.   as in, "So yes it is worth it and they WILL deliver. "
wdBTCtrader
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December 07, 2012, 12:59:07 PM
 #40

Are you still high school?  catch the bus before you're late..

You bore me tell them to send someone else. 
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