Bitcoin Forum
May 13, 2024, 08:12:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Prediction - ASICs mysteriously start shipping  (Read 5607 times)
dg2010 (OP)
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
April 11, 2013, 04:25:24 PM
 #1

With the BTC price falling sharply, I predict that ASIC's will suddenly start to ship to customers.

Why? Because at $250/btc, it made no sense to ship a device which could make so much money.

Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.
1715587974
Hero Member
*
Offline Offline

Posts: 1715587974

View Profile Personal Message (Offline)

Ignore
1715587974
Reply with quote  #2

1715587974
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715587974
Hero Member
*
Offline Offline

Posts: 1715587974

View Profile Personal Message (Offline)

Ignore
1715587974
Reply with quote  #2

1715587974
Report to moderator
1715587974
Hero Member
*
Offline Offline

Posts: 1715587974

View Profile Personal Message (Offline)

Ignore
1715587974
Reply with quote  #2

1715587974
Report to moderator
glendall
Legendary
*
Offline Offline

Activity: 2100
Merit: 1018


Sugars.zone | DatingFi - Earn for Posting


View Profile
April 11, 2013, 05:23:13 PM
 #2

It almost doesn't matter that much anymore in the big picture, I think.

Whether:
a) BFL was a complete scam from the get go
b) BFL is a honest company who just had anticipated troubles getting their product done

The investors (i.e pre-order folks) lost a massive amount of fiat currency investing in this thing. Even it they finally ship in say August, the difficulty is going to be so high that the product will likely not be that attractive anymore compared to new ASIC products that will be developed.

One thing is for certain, BFL made a fortune and the preorder makers gots screwed. No matter what happens beyond today. Even they shipped this week it was still a big disaster.

But they won't be shipping. They don't even have a complete prototype. And they said months and months ago that they would be 'shipping soon'. 

.SUGAR.
██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
▄████████████████████████▄
███████▀▀▀██████▀▀▀███████
█████▀██████▀▀██████▀█████
██████████████████████████
██████████████████████████
█████████████████████▄████
██████████████████████████
████████▄████████▄████████
██████████████████████████
▀████████████████████████▀
▀▀████████████████████▀▀

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
███████████████████████████
███████████████████████████
██████               ██████
██████   ▄████▀      ██████
██████▄▄▄███▀   ▄█   ██████
██████████▀   ▄███   ██████
████████▀   ▄█████▄▄▄██████
██████▀   ▄███████▀▀▀██████
██████   ▀▀▀▀▀▀▀▀▀   ██████
██████               ██████
███████████████████████████
███████████████████████████
.
Backed By
ZetaChain

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
AlgoSwan
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


ancap


View Profile
April 15, 2013, 08:33:34 AM
 #3

Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.

It makes sense. The question is what will happen after that? I mean what will happen to GPU miners?

Looking to buy a verified betfair account with escrow.
creativex
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
April 15, 2013, 11:09:31 AM
 #4

With the BTC price falling sharply, I predict that ASIC's will suddenly start to ship to customers.

Why? Because at $250/btc, it made no sense to ship a device which could make so much money.

Now that the price has fallen over, it will make financial sense to start shipping to customers instead of mining themselves.

Their cheapest device was $149 for months, which makes this image even more astonishing:



...and by astonishing I mean fraudulent.

zakoliverz
Hero Member
*****
Offline Offline

Activity: 536
Merit: 500


View Profile
April 15, 2013, 02:54:09 PM
 #5

When will it start shipping to customers ?
creativex
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
April 15, 2013, 02:59:13 PM
 #6

When will it start shipping to customers ?

That's easy to calculate at any time. Just add two weeks to the current date.

Operatr
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


www.DonateMedia.org


View Profile WWW
April 16, 2013, 10:27:35 AM
 #7

Quote
15 April 2013 Update

Short update today, more to come in the next day or two, hopefully.

We've been working on getting the software and firmware nailed down. Things are mostly stabilized at this point and with our current boards (we do not have the redesigned boards in house yet), power usage exceeds the 1w/GH, unfortunately, but it's much better than anything out by 40 - 50%, at the wall. We are gearing up to start shipping out some dev boards and a few Jalapeno's most likely this week (at least a few dev boards) and then as more chips roll in we'll be shipping out the Jalapeno's. When the new boards land in KC, we'll start shipping Little Singles and Singles at that time. I don't currently have a time frame for those, but I should have something later this week in regards to that.

Obviously, the minirig can't fit 1.5 TH/s in a case the size of what we were planning, but we have some interesting solutions with regards to that. Expect and update on there as well, but I did want to let everyone know we have several solutions to solve the minirig issue and we are moving forward on that front.

I did want to quash any rumors that there was something wrong with the chips; there isn't. The chips themselves are fine (other than using more power than we expected), the delay is strictly due to having to re-engineer the power system on the boards (which requires a larger PCB redesign to a degree) and refine/streamline our processes for getting chips from silicon to mounted on boards. Things will be rolling along soon, albeit a bit slow at first, and then picking up speed as the whole process is optimized and finalized.

I know we're all waiting, but every one of these "what's the deal with BFL" posts is more useless than the last.

Lets also keep in mind that AvalonASIC is the ONLY one to have shipped anything at all so far. So chill, this is a brand new industry just getting off the ground. There are a lot of logistics to overcome.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!