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Gator-hex
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April 01, 2013, 12:44:45 AM
Last edit: April 01, 2013, 01:09:27 AM by Gator-hex |
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Before we go proclaiming them "legit" check out the date on that news article... Butterfly Labs Announces Next Generation ASIC Lineup
PRWeb – Sat, Jun 16, 2012 Now check your watch... 9 Months later, this is how far they got... http://www.youtube.com/watch?v=4C4bgho5JSI&list=HL1364777092it returns 15 test nonces and uses 3x as much power as it was designed to use. This mean the Jalapeno, SC Single 60Gh/s, and Mini Rig SC are all foobared outside their heat/power levels! If you're lucky they might be able to produce some Hot Power Hungry Little Singles 30Gh/s. But we've still not seen it able to mine anything yet! |
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spacegoat
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April 02, 2013, 12:13:26 AM |
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Before we go proclaiming them "legit" check out the date on that news article... Butterfly Labs Announces Next Generation ASIC Lineup
PRWeb – Sat, Jun 16, 2012 Now check your watch... 9 Months later, this is how far they got... http://www.youtube.com/watch?v=4C4bgho5JSI&list=HL1364777092it returns 15 test nonces and uses 3x as much power as it was designed to use. This mean the Jalapeno, SC Single 60Gh/s, and Mini Rig SC are all foobared outside their heat/power levels! If you're lucky they might be able to produce some Hot Power Hungry Little Singles 30Gh/s. But we've still not seen it able to mine anything yet! exactly |
yeah baby yeah
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sincitylife
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April 02, 2013, 12:45:55 AM |
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::)There are still uses for outdated ASICs....by mining litecoins instead. Methinks Bitcoin is a victim of Gresham's law...there is so much speculation into BTC that it no longer will function as a currency...rather more like "digital gold".
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Bit by Bit
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April 02, 2013, 01:49:14 AM |
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I'm surprised BFL didn't come out as a scam on April 1st. God can you imagine? Greatest prank ever.
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ltcminer
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April 02, 2013, 02:28:27 AM |
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if i were the asic maker, i would use the devices to mine coins first, and not ship out the devices until the hashing difficulty is much much higher.
why sell the gold egg laying hens?
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svenp
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April 02, 2013, 02:37:26 AM |
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It's called 'testing'. We're 'testing' your unit, yeah that's the ticket.
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cataurius
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April 02, 2013, 02:50:31 AM |
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if i were the asic maker, i would use the devices to mine coins first, and not ship out the devices until the hashing difficulty is much much higher.
why sell the gold egg laying hens?
Avalon have decided to do exactly that with their next batch afaik... And even if BFL was shipping in the near future, they would be much less profitable than what the "buyers"(pre-orderers) anticipated, considering their exaggerated power consumption. |
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kjj
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April 02, 2013, 03:58:52 AM |
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::)There are still uses for outdated ASICs....by mining litecoins instead.
Yeah, except no. |
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I routinely ignore posters with paid advertising in their sigs. You should too.
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Minor Miner
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April 02, 2013, 04:07:57 AM |
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I'm surprised BFL didn't come out as a scam on April 1st. God can you imagine? Greatest prank ever.
Why come out as a prank, when there are still tons of blind greedy people that ignore all warning signs and just "really hope it is true that I can get rich"? |
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superdork
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April 02, 2013, 04:39:38 AM |
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Let me know how that works out for you, when you get your BFL asic in 2017 (if you're lucky since you probably won't get one at all)
and really, mainstream media is your source? Oh wait, this is an april fools day joke isn't it? You got me you bastard
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hiima
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April 02, 2013, 06:22:38 AM |
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I hope BFL is legit and ships soon, I've been waiting for quite a while.
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Whiskey Fund BTC 1K2SG4amzNrB7gUwf5braHuExqnQ5nEKZp LTC Lgoz9gb7q39FMAmBz8odfkx4YFhLeofCpc
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spacegoat
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April 02, 2013, 01:32:27 PM |
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::)There are still uses for outdated ASICs....by mining litecoins instead. Methinks Bitcoin is a victim of Gresham's law...there is so much speculation into BTC that it no longer will function as a currency...rather more like "digital gold".
asics don't mine for litecoins whatsoever, different algorythm. litecoin runs on script. asics SUCK on litecoins |
yeah baby yeah
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Bit by Bit
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April 02, 2013, 06:53:41 PM |
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Just curious how much bigger is Bitcoin than Litecoin?
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organofcorti
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Poor impulse control.
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April 03, 2013, 10:29:24 AM |
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Just curious how much bigger is Bitcoin than Litecoin?
About this much:  |
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manface
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April 03, 2013, 10:57:36 AM |
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Just curious how much bigger is Bitcoin than Litecoin?
lol wtf. |
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Kracken
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April 03, 2013, 11:40:12 AM |
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I think they are Legit, Yes there have been delays but this is fairly difficult to do otherwise there would be loads of companies doing it. Yes Avalon beat them to it it terms of delivering the first working unit but they are not exactly flooding the market and the latest batch price is 5 times the original price point.
I considered ordering some of Butterfly products but decided to purchase coins instead, short term this has been great, long term who knows. If these units do ship then those lucky enough to be in the first orders will do very well indeed.
For me there were just too many unknowns. For instance 60 Gh/s sounds great but what if the total Hashing power just expands to make this below average? Then there were the delays and now the teething problems. I do hope they get it sorted but I am waiting to see how it turns out before investing in ASIC.
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