BFL power consumption / Charity Donation

[smoothie]

Donation is in the last stage of payment.... 

LOL so funny

[1715627047]

1715627047

[1715627047]

1715627047

[1715627047]

1715627047

[1715627047]

1715627047

[1715627047]

1715627047

[1715627047]

1715627047

[PuertoLibre]

they'll probably ship to 90% of the orders before they come out with rev. 5 of the chip in which 1w/gh is met and they try to slip out of the bet on a technicality.

  I saw it that way as well

https://bitcointalk.org/index.php?topic=192340.msg2028637#msg2028637

Does this mean that the 1000 BTC bet is the main (or only) motivation for a lower power mining device?

[smoothie]

What is funny to me is that Josh/BFL was so eager to make the 1000 BTC bet because they were so sure they would hit their target mark on speed/power specs.

Now they been proven to be wrong, lost the bet, now they drag their feet on fulfilling the bet terms saying "we are busy, that bet isn't priority right now."

Well obviously your customers are not your priority now, nor is the bet, so I guess trolling and dragging your feet is priority?? lol

Classic scammer tactic.

[BR0KK]

Hm.... For my untestanding this whole debacle would classify him for a scammers tag. Am I right to assume that he made the bet here on bitcointalk? ....
If that's true why didn't he be awarded with one of those beautifull medal of scam?


As always: if I'm wrong, enlighten me with links to facts!?

[smoothie]

Hm.... For my untestanding this whole debacle would classify him for a scammers tag. Am I right to assume that he made the bet here on bitcointalk? ....
If that's true why didn't he be awarded with one of those beautifull medal of scam?


As always: if I'm wrong, enlighten me with links to facts!?

Yes he made a bet for 1000 BTC with user Runeks. Josh lost the bet and claims to have settled with user Runeks but will not provide any proof that he did settle.

BFL has so far failed to pay the 1000 BTC donation to a charity because they did not meet their power/speed marks.

Why you say he didnt get a scammer tag yet? Perhaps it is because he spam advertizes on this forum. Theymos appears to be running a double standard here.

I'm giving it some time to see what he does though.

[yxt]

and claims to have settled with user Runeks but will not provide any proof that he did settle.

link for that?
I wonder all the time why Runeks is so quiet
If they both agreed, OK

[smoothie]

and claims to have settled with user Runeks but will not provide any proof that he did settle.

link for that?
I wonder all the time why Runeks is so quiet
If they both agreed, OK

To the bet or Josh's claim?

[BR0KK]

and claims to have settled with user Runeks but will not provide any proof that he did settle.

link for that?
I wonder all the time why Runeks is so quiet
If they both agreed, OK

To the bet or Josh's claim?

Both links would be great

[smoothie]

and claims to have settled with user Runeks but will not provide any proof that he did settle.

link for that?
I wonder all the time why Runeks is so quiet
If they both agreed, OK

To the bet or Josh's claim?

Both links would be great

Bet link: https://bitcointalk.org/index.php?topic=191600.0

Josh's claim he paid (with no proof just talk as usual): https://bitcointalk.org/index.php?topic=191697.msg1991403#msg1991403

[yxt]

thx

As long as Runeks does not post, it is probably done... not my prob..
But charity donation 

[smoothie]

Update from Josh on "why" they will not be fulfilling their 1000 BTC donation bet to a charity (LOLz)...yet:

https://forums.butterflylabs.com/article-comments/182-article-bfl-offers-1000-btc-charity-if-we-miss-our-power-targets-7.html#post31151

Once we get all of our product lines up and running and everything is shipping out we'll focus on this and other areas. Right now, we don't really have the resources to figure out where $115,000+ is going to go. Contrary to popular belief, it's not easy to donate bitcoins and we aren't just going to pick a random charity and donate to it. We are going to assess the options and donate to the charities that will be most beneficial to bitcoin. I'm still of the mind to potentially offer it to EFF as bitcoins only if they'll take it... $115,000 donation is nothing to sneeze at and it would force the EFF to confront the bitcoin spectre they have been hiding from.

  LOL @ ^^


1. Josh says it isn't easy to donate bitcoins to a charity.

IDEA: Find charity call them up tell them you would like to donate $XXX,XXX to them. But then tell them it is denominated in bitcoins, then proceed to show them how to cash out if they want (generally). They could even setup a blockchain.info wallet omfg lol or paper wallet for that matter.


...

2. Now the charity NEEDs to benefit bitcoin the most. Well any charity openly accepting 1000 BTC will benefit bitcoin as it would be GOOD PRESS for BITCOIN all around. Not necessarily would it be good press for BFL given the premise of the bet lol.


3. Right now they do not have the "resources" to fulfill the bet. Well lol with most of you sitting around twiddling your thumbs for the past year I think you can take a day or two to fulfill your obligations that you SHOULD be able to fulfill. ASIC development =/= Donating 1000 BTC. Oh right....

ASIC DEVELOPMENT = "IT'S HARD"

1000 BTC DONATION = "IT'S HARD TOO"

DEALING WITH DISGRUNTLED CUSTOMERS = "OH YEAH THAT IS HARD TOO...WAH WAH WAAAH"


lolz

[maxl]

I think they can't do the donation in the moment, because the don't have or need the money otherwise.

The new designs, etc. Neesd much money.

[smoothie]

I think they can't do the donation in the moment, because the don't have or need the money otherwise.

The new designs, etc. Neesd much money.

It really isnt our problem that they dont have the money.

Josh and BFL shouldn't have been shooting off their mouths SO QUICKLY about hitting their power/speed/price marks if they couldn't deliver either the promised specs or the 1000 BTC.

Once again this goes to show how full of shit BFL is on anything they say or claim.

[Bicknellski]

I'll take the 1000 BTC for scholarships for needy students it would certainly help a great number of Indonesian students get a great education.... but he has to convert them to FRC first then he can send it to me.

[PuertoLibre]

I'll take the 1000 BTC for scholarships for needy students it would certainly help a great number of Indonesian students get a great education.... but he has to convert them to FRC first then he can send it to me.

They should instead use that 1000 BTC to buy a good chunk of the Zimbabwe industry (assuming there is any) or that of Nigeria.

With this they can then setup shop over there, avoid tons of taxes and start an AD campaign without government oversight. I know or one or two emails from Nigerian princes who need me to send them 1000 USD so I can (help them and help myself) collect on 100,000,000. If I probably help them with my proposed BTC network connections...then I will be bloody rich.

Do you know how long this guy in Nigeria had been trying to collect his 100mil? A long time...

[mezzomix]

Another few weeks have passed. Is there any information that BFL payed the 1000 BTC to a charity? Links?!

[Xian01]

Another few weeks have passed. Is there any information that BFL payed the 1000 BTC to a charity? Links?!

 There is a growing sentiment on these forums to have Inaba branded with a "Scammer" tag for not honoring this bet in a timely manner.

 https://bitcointalk.org/index.php?topic=208837.0

[mezzomix]

The bet was made by a representative of BFL speaking for BFL. All BFL accounts deserve the spammer tag!

[Bicknellski]

The longer this drags on the worse it gets.

[smoothie]

All the signs are there.

Anyone that gets scammed by BFL please refrain from crying on these forums.

You have been warned for about 10 months now.

Yes 10 months. Last July I posted how it made no sense how BFL could make such insane power/speed claims for their price target for preorders. Yet people still ordered for 10 months after that despite that glaring fact.

To this day they did not answer my post. And my suspicions rang true showing that BFL had no fucking clue on their specs.

I've got my popcorn ready for this fireworks show once BFL blows up.