A BFL ASIC 1000 BTC bet that looks like Inaba lost

[smoothie]

https://bitcointalk.org/index.php?topic=92268.msg1217403#msg1217403

He gave runeks 500:1 odds that they would meet their initial power specs in their first line of ASIC products. (which they did not meet)

So on top of the 1000BTC charity donation looks like Inaba owes runeks 1000BTC on this bet too.

 


Okay well it isn't OFFICIAL yet until someone does a 24 hour test on the power usage.

[smoothie]

He ain't paying nothing. It's all talk.

He accepted, otherwise he will get a SCAMMER tag. 

[smoothie]

https://bitcointalk.org/index.php?topic=92268.msg1236111#msg1236111

Inaba:

I don't see how this makes the bet null and void.

https://bitcointalk.org/index.php?topic=92268.msg1454521#msg1454521

Runeks:

I'm writing here to publicly restate my commitment to this bet. Since it's been a while, I think it seems like a good idea for both parties to restate their commitment to the wager publicly. I have invited Inaba to do the same via PM.

https://bitcointalk.org/index.php?topic=92268.msg1454547#msg1454547

Inaba:

Sure, I re-affirm it.  Our devices would literally melt if they came in at 114w or more.  

Thanks for reminding me... I think I have another bet for a more substantial amount with someone but bugger all if I remember who.  I guess I will have to dig back in my posts.

[Shermo]

Fat chance he is going to pay 1000BTC ($145,000) for this bet, hell I doubt he would have paid even if the price was still $15 and not $145!

[Frizz23]

https://bitcointalk.org/index.php?topic=92268.msg1454547#msg1454547
From the same thread:

Sure, I re-affirm it.  Our devices would literally melt if they came in at 114w or more.

Thanks Josh for confirming that.

But how can you still intend to put the Little Single in it's original casing?
(at your current power "efficiency" a 25GH/s unit needs 145 Watt)

[smoothie]

Fat chance he is going to pay 1000BTC ($145,000) for this bet, hell I doubt he would have paid even if the price was still $15 and not $145!

This is where he either pays up or his reputation is tarnished even more.

Once a scammer always a scammer. We'll see how this plays out. Shouldn't take long for someone to run the OFFICIAL power test and put this bet to rest and see what Josh chooses to do, pay up or become labeled a scammer. 

[smoothie]

https://bitcointalk.org/index.php?topic=79637.msg1282560#msg1282560

Inaba:

Ergo, the power is the single most important aspect of an ASIC mining device.

https://bitcointalk.org/index.php?topic=79637.msg1285865#msg1285865

Inaba:

Because you are lying to your customers.

[Frizz23]

This thread is indeed hilarious. Josh is such a fail. https://bitcointalk.org/index.php?topic=79637.msg1285865#msg1285865

That's an easy question to answer, Tom.  Because you are lying to your customers.  More specifically, you lied about BFL's power and I called you out.  You are also lying about being "competitive*"  If you had not lied, I wouldn't be here... but there you have it.

I guess in 3-4 month we'll laugh about lots of other statements from Josh. Like his "we will ship 400 units/day".

[maqifrnswa]

FWIW
https://twitter.com/BFL_News/status/318601948678983681

"BFL_Josh (Shoutbox) - We will be honoring the 1000 BTC donation to charity. We haven't decided what charity/ies we will be donating to yet."

[Frizz23]

FWIW
https://twitter.com/BFL_News/status/318601948678983681

"BFL_Josh (Shoutbox) - We will be honoring the 1000 BTC donation to charity. We haven't decided what charity/ies we will be donating to yet."

You do realize that this has nothing to do with this bet here? This one here is between Inaba and runeks and has nothing to do with the charity donation that you've mentioned.

[AmDD]

Cant wait to see this...

I would guess that IF he pays, the coin will actually come from BFL.

[smoothie]

Cant wait to see this...

I would guess that IF he pays, the coin will actually come from BFL customers.

FTFY. But I would presume it should come from his own stash. But then again as long as the bet is paid in full is what matters. 

[navigator]

But how can you still intend to put the Little Single in it's original casing?
(at your current power "efficiency" a 25GH/s unit needs 145 Watt)

That heatsink is from a sapphire 7970 toxic 6gb which uses upwards of 340watts.

http://www.tweaktown.com/news/23361/sapphire_hd_7970_toxic_sports_6gb_of_ram_factory_overclocked_slick_cooler/index.html
http://www.techpowerup.com/reviews/Sapphire/HD_7970_Toxic_6_GB/26.html

Here is a gtx 460 heatsink that is made to dissipate ~150watts. Also remember that a gpu is being heated by surrounding computer components whereas a bfl asic is only cooling itself.

[minternj]

LOUD NOISES

[dogie]

Also remember copper = significantly better cooling

[Rampion]

This is legit? What is runeks saying? So we will se Inaba with a scammer tag soon?

[oakpacific]

Maybe Josh made this bet because he didn't expect BFL to ship a working unit, so the power consumption would be 0W.

[Syke]

This is legit? What is runeks saying? So we will se Inaba with a scammer tag soon?

BFL pays quite a bit in advertising on this forum. There's no chance of the mods tagging Inaba with a scammer tag.

[MPOE-PR]

This is legit? What is runeks saying? So we will se Inaba with a scammer tag soon?

Kinda wondering the same myself.

[smoothie]

This is legit? What is runeks saying? So we will se Inaba with a scammer tag soon?

BFL pays quite a bit in advertising on this forum. There's no chance of the mods tagging Inaba with a scammer tag.

This shouldn't be a license to scam though. If Inaba doesn't pay and Theymos and the mods do not give him a scammer tag (like they did MNW) then we have a HUGE ass problem of conflict of interest with the people who run this forum.

I hope they do not look the other way should Inaba not pay up to Runeks.