(setting takes place in a semi-permanent rental unit in May 2012)
Sonny: Hey DEV how are you today?
DEV: Not too shabby.
Sonny: What you got going on today?
DEV: Well I was doing some thinking and thought "what if we make our own ASIC devices for bitcoin mining?"
Sonny: Go on...
DEV: See right now we are selling FPGAs that mine bitcoin, but if we were to go with a custom device designed specifically for mining bitcoins we could make tons of cash!
Sonny: ($-signs glean in his eyes)
DEV: So here are the numbers I came up with... (BUSTS OUT HIS CALCULATOR!)
...(1 hour later)...
Sonny: Okay i didn't quite understand all of that math but if you think we can make tons of cash I'm for it. How do we start?
DEV: Let's put out an announcement on BTCtalk forums that claims we can get 1GH/s per 1 watt with our ASIC devices and charge $X, $Y, $Z, and $A for the different speed devices. Also we will tell them we will deliver in October 2012 just so it sounds realistic given you can't make a device overnight for this stuff.
Sonny: go on...
DEV: Imagine a 1 TH/s rig
Sonny: 1 TH/s rig? Really? You think we could design that and get it to market?
DEV: (grin) of course
Sonny: Let's do it. Let's use bitpay to allow for USD/FIAT payments and allow for people to pay for their orders with bitcoin too.
DEV: Sounds awesome! WE can make MEGA GAZILLION $'s.
Sonny: Oh yeah baby! Bring it on!
...(few weeks later)...
Sonny: So DEV is the website all ready to go for launch?
DEV: Yup we got all the pictures we need for now and pricing to get people to preorder with us. IM SO EXCITED!!!!
Sonny: Let's launch then!
DEV: Done!
...(48 hours later)...
DEV: OMFG WE ARE IN THE $$!! WE GOT LIKE $XXX,XXX.00 in the first 24 hours and the money is still rolling in! BWAHAHAHA!
Sonny: HOLY FUCKING SHIT! WOO HOO! PARTY! DEV YOU DA MAN!
DEV: We need to leverage this shit so we can make even more GAZILLION $'s!
Sonny: Keep taking orders and spam the shit out of GOOGLE ads and bitcoin talk about our ASIXZAH!
DEV: Will do. But we do need a front man to handle all of the customers orders and "PR" so we can do "our jobs".
Sonny: who do suggest?
DEV: Remember that guy that came over to visit the other week? Let's use him!
Sonny: Wasn't his name like Jennifer?
DEV: Sonny, it was Josh, not Jennifer.
Sonny: Oh right! Okay let's use him for this. Let's pay him a fat salary $7X,XXX.00 and get him on board with us ASAP!
DEV: Will do!
...(and the rest is history)...
[more BFL stories to come with Smoothie...so stay tuned!]
More like this:
June 24, 2012...
Sonny: Hey DEV how are you today?
DEV: Not too shabby.
Sonny: What you got going on today?
DEV: Well I was doing some thinking and thought "what if we make our own ASIC devices for bitcoin mining?"
Sonny: Go on...
DEV: See right now we are selling FPGAs that mine bitcoin, but if we were to go with a custom device designed specifically for mining bitcoins we could make tons of cash!
Sonny: ($-signs glean in his eyes)
DEV: So here are the numbers I came up with... (BUSTS OUT HIS CALCULATOR!)
Sonny: Whoa, let's put up a webpage right away! Call India right now, tell 'em to put the site up for the ASICs! We can handle the design as we go.
(secretary calls India)
Sonny: ...yeah, that looks good.
Sidhu: But sir, we need a shipping date!
DEV: The most optimistic scenario is probably going to be February 2013.
Sonny: Then let's say October 2012. It doesn't matter if we're late, worked out last time! How big can we make the rigs?
DEV: I think we might be able to make 1 TH/s rigs... but there might be problems X, Y, and Z.
Sonny: That's OK! We'll sort out the problems later! Sidhu, put up another page for a 1.5 TH/s minirig.
*February 2013*
Sonny: Well, looks like the wafers are delayed again. Josh, please post an "update" using the script that I gave you.
Josh: (flips pages in script) Ah there, after the "schedule" is posted, I'm supposed to say that the chips will come next week, every week for a month.
...
*June 2013*
Josh: Sonny, I'm running out of excuses in the script, might need a new one soon.
