@ the end of the BFL queue

[Geremia]

We are shipping 4.5 gh/s ASICs to developers early preorder customers.

You/they mean 5 Gh/s ASICs?…

[Geremia]

Getting back into topic, this is the BFL reply I got a couple days ago..


---------- Forwarded message ----------
From: Butterfly Labs Inc <office@butterflylabs.com>
Date: Tue, Apr 23, 2013 at 5:09 PM
Subject: Re: New mail from contact form
To: Felipe


All of our current models are available for preorder on the website.

We are shipping 4.5 gh/s ASICs to developers early preorder customers.

Prepayment is the only method by which your preorder is entered into the queue.

We are working to start shipping in the next couple weeks and have a backlog in the queue,

so new pre-orders, regardless of product or power consumption,

will likely ship sometime in late August or early September, sooner if possible.

They probably need to update that message, they no longer have a 4.5GHs model.

Or ffernandex fabricated this email…

[Inspector 2211]

Getting back into topic, this is the BFL reply I got a couple days ago..


---------- Forwarded message ----------
From: Butterfly Labs Inc <office@butterflylabs.com>
Date: Tue, Apr 23, 2013 at 5:09 PM
Subject: Re: New mail from contact form
To: Felipe


All of our current models are available for preorder on the website.

We are shipping 4.5 gh/s ASICs to developers early preorder customers.

Prepayment is the only method by which your preorder is entered into the queue.

We are working to start shipping in the next couple weeks and have a backlog in the queue,

so new pre-orders, regardless of product or power consumption,

will likely ship sometime in late August or early September, sooner if possible.

They probably need to update that message, they no longer have a 4.5GHs model.

Or ffernandex fabricated this email…

Josh said in the so-called shout box on the BFL website, that each chip can only get to 4 GH/s on air cooling and that they have to put 2 chips into the 5 GH/s Jalapeño.

[Phinnaeus Gage]

I guess that would make it an 8 GH/s Jalapeño plugged into a surge protector that's plugged into the wall.

[Inspector 2211]

I guess that would make it an 8 GH/s Jalapeño plugged into a surge protector that's plugged into the wall.

I guess they disable 12 of 16 mining units on the second chip, or something like that.
Anyway, just quoting what Josh says.

[ffernandex]

Getting back into topic, this is the BFL reply I got a couple days ago..


---------- Forwarded message ----------
From: Butterfly Labs Inc <office@butterflylabs.com>
Date: Tue, Apr 23, 2013 at 5:09 PM
Subject: Re: New mail from contact form
To: Felipe


All of our current models are available for preorder on the website.

We are shipping 4.5 gh/s ASICs to developers early preorder customers.

Prepayment is the only method by which your preorder is entered into the queue.

We are working to start shipping in the next couple weeks and have a backlog in the queue,

so new pre-orders, regardless of product or power consumption,

will likely ship sometime in late August or early September, sooner if possible.

They probably need to update that message, they no longer have a 4.5GHs model.

Or ffernandex fabricated this email…

I'm not fabricating anything, I guess anyone asking BFL last week should have received the same answer. I really don't think they reply emails one by one, they surely got a template reply. If they are 4.5 or 5 GH, that would be their typo, not mine.

I can provide the email in anyway you find appropriate without revealing my email address.

Regards,

[Gator-hex]

Quite honestly I think thoes at the end of the queue are WAY BETTER off than those of us at the beginning who paid with BTC.   I WILL NEVER RECOUP those BTC!!!

I paid over 300BTC for a Single and a bunch of Jalapenos back in July 2012!!!!

 

Peanuts, Davincij15 has BTC3000 on pre-order.

BTC3000 x $130 = could have been $450,000 right now.

www.youtube.com/user/davincij15

Taking money in one currency and refunding in a devalued one to gain a free business loan/profit, is known as an arbitrage scam.  

[ninjaboon]

Are we "screwed" if we're at the end of the BFL queue for the 5 Gh/s devices (previously called "Jalapeños")? I ordered mine this month.

you can still mine them alt coins like PPC or Feathercoin.

[r3animation]

Are we "screwed" if we're at the end of the BFL queue for the 5 Gh/s devices (previously called "Jalapeños")? I ordered mine this month.

you can still mine them alt coins like PPC or Feathercoin.

No you can't. Feathercoin is scrypt not sha256.

[Bicknellski]

Are we "screwed" if we're at the end of the BFL queue for the 5 Gh/s devices (previously called "Jalapeños")? I ordered mine this month.

If I can build my 160 Gh/s DIY avalon in less time than you can get your 5 Gh/s yes I would say you are. I will buy you a virtual beer if you get yours before I build mine sound fair?

Few notes:

Chips just ordered won't be ready for 10 weeks minimum.
Shipped to US then to Singapore then I pick em up and go to Jakarta.
Then hopefully I have the boards from the DIY variants done and marry the chips to the boards in a few weeks.

All you have to do is wait...

This will be fun to watch.

[erk]

Quite honestly I think thoes at the end of the queue are WAY BETTER off than those of us at the beginning who paid with BTC.   I WILL NEVER RECOUP those BTC!!!

I paid over 300BTC for a Single and a bunch of Jalapenos back in July 2012!!!!

 

Peanuts, Davincij15 has BTC3000 on pre-order.

BTC3000 x $130 = could have been $450,000 right now.

www.youtube.com/user/davincij15

Taking money in one currency and refunding in a devalued one to gain a free business loan/profit, is known as an arbitrage scam.  

Have you every tried to place an order with BFL in BTC? It takes you to Bitpay which immediately converts your BTC into USD and pays BFL in USD at the current exchange rate. So these claims are bogus.

[SolarSilver]

Have you every tried to place an order with BFL in BTC? It takes you to Bitpay which immediately converts your BTC into USD and pays BFL in USD at the current exchange rate. So these claims are bogus.

You don't know that. Even if Bitpay pays out their merchant in EUR or USD, the merchant can still opt to convert some of it into BTC for the long term.

So Bitpay has no option to pay out the merchant in BTC? Seems like a lack of service...

[erk]

Have you every tried to place an order with BFL in BTC? It takes you to Bitpay which immediately converts your BTC into USD and pays BFL in USD at the current exchange rate. So these claims are bogus.

You don't know that. Even if Bitpay pays out their merchant in EUR or USD, the merchant can still opt to convert some of it into BTC for the long term.

So Bitpay has no option to pay out the merchant in BTC? Seems like a lack of service...

Bitpay can convert BTC to BTC, but whats the point? BFL could just accept the BTC whien you select that payment option on their website without paying a fee to Bitpay. Bitpay exists to convert from BTC to something else.

[Phinnaeus Gage]

Have you every tried to place an order with BFL in BTC? It takes you to Bitpay which immediately converts your BTC into USD and pays BFL in USD at the current exchange rate. So these claims are bogus.

You don't know that. Even if Bitpay pays out their merchant in EUR or USD, the merchant can still opt to convert some of it into BTC for the long term.

So Bitpay has no option to pay out the merchant in BTC? Seems like a lack of service...

Bitpay can convert BTC to BTC, but whats the point? BFL could just accept the BTC whien you select that payment option on their website without paying a fee to Bitpay. Bitpay exists to convert from BTC to something else.

The following is not a diss toward BitPay, for I like them guys, but the service CAN be used as a mixer of sorts, having the coins first sent to them as payment for a product/service, then either have them set their, convert to fiat, or sent to you via some other wallet.

I welcome BitPay to deny or verify the above, for I'm not 100% sure, and don't want to be spreading FUD of their good name.

[SolarSilver]

Bitpay can convert BTC to BTC, but whats the point? BFL could just accept the BTC whien you select that payment option on their website without paying a fee to Bitpay. Bitpay exists to convert from BTC to something else.

Bitpay and sorts exists because people are too lazy to integrate BTC into their website.

The BTC processors handle the conversion of USD/EUR to the floating BTC price and they make sure the payment is done within a defined time window like 15 minutes

There is absolutely no reason why you can't deal with that yourself, you can connect to various exchange api's to get the correct exchange rate, add 5% on top, generate a unique address and see if the coins get deposited within 15 minutes. If not, cancel the order. If you do get the coins, either hoard them or sell them on an exchange before the price goes down.

But I guess there must be a reason why people don't do it themselves (and even pay a fee in order not to deal with it), there is general lack of shopping cart modules that handles this independent of a payment processor and it's not the core business of somebody running a shop... And people are lazy.

If you want the most blatant example, Avalon has always announced they are not converting their BTC into USD and they have been doing 3 batches so far with Paysius, WalletBit and Bitpay. In the first 2 cases the processors had to convert the listed USD website price into BTC but in the last case with Bitpay, the price on the website was fixed in BTC, so the only thing Bitpay had to do was deal with a DDOS and collect 600 x BTC 75. No conversion, no selling into USD

(Avalon has always used the opportunity to allow processors to get exposure and have them stress test their service)

[PuertoLibre]

I will try to get BitPay to respond to this ongoing situation with BFL. Hopefully they will give us some insight as to where they stand. Actually I am more interested if they offer buyers any form of protection or really hold any Vendor/Seller accountable with their merchant account.

I am hoping they do, but you never know.

[baad]

Quite honestly I think thoes at the end of the queue are WAY BETTER off than those of us at the beginning who paid with BTC.   I WILL NEVER RECOUP those BTC!!!

I paid over 300BTC for a Single and a bunch of Jalapenos back in July 2012!!!!

 

Wow $40,000 for vaporware?

 

[Cluster2k]

I will try to get BitPay to respond to this ongoing situation with BFL. Hopefully they will give us some insight as to where they stand. Actually I am more interested if they offer buyers any form of protection or really hold any Vendor/Seller accountable with their merchant account.

I am hoping they do, but you never know.

One of the very often quoted advantages of bitcoins is no charge backs, no reversal of transactions.  If BitPay is just a glorified PayPal that can freeze a merchant's account at any time then there's no advantage.