Butterfly Labs Announces Bulk Chip Sales

[whitefeather]

So now they are also in the chip selling business:

https://forums.butterflylabs.com/announcements/3014-butterfly-labs-announces-bulk-chip-sales.html

Butterfly Labs will begin selling bulk chips to individuals and companies starting in June, 2013. Chip delivery schedule is approximately 100 days through end packaging once your order is placed. We will be providing reference documentation, reference design/schematics, and foundry receipt/documentation.

Chips will be graded and priced as follows:

Grade A: 16 Engines - $97/chip
Grade B: 15 Engines - $93/chip
Grade C: 14 Engines - $89/chip

Grade D: 13 Engines or less - $83/chip

Our chips will be provided in minimum lots of 100 with the following price structure:

100 - 999 chips - Regular Price
1000 - 9999 chips - 5% discount
10,000 - 99,999 chips - 10% discount
100,000 or more - 20% discount

Chip orders will require 50% down and 50% upon order delivery. Payment can be made via BTC (preferred) or bank wire.

Advantages of BFL chips:

1/2 the power usage per GH as the closest competitor
1/10th the silicon area per GH as the closest competitor (Very high performance density)
You can use off the shelf heat sinks depending on your chip layout due to FCBGA package vs custom underside heat sinks as required on some QFN packages. You don't have to design and manufacture heat sinks!
Proven design currently operating in the field and ready to go.

We will allow you to convert current orders with us into chip orders if you would rather design your own.

If you would like to place an order, please email chipsales@butterflylabs.com

[Streets 2.0]

*facepalm*

[a1phanumrc]

Chip delivery schedule is approximately 100 days through end packaging once your order is placed.

~100 days + 2 weeks, right?

[btceic]

Posting over here in case their site goes down or they change the original post

Highlighting is from me,

Butterfly Labs will begin selling bulk chips to individuals and companies starting in June, 2013. Chip delivery schedule is approximately 100 days through end packaging once your order is placed. We will be providing reference documentation, reference design/schematics, and foundry receipt/documentation.

Chips will be graded and priced as follows:

Grade A: 16 Engines - $97/chip
Grade B: 15 Engines - $93/chip
Grade C: 14 Engines - $89/chip

Grade D: 13 Engines or less - $83/chip

Our chips will be provided in minimum lots of 100 with the following price structure:

100 - 999 chips - Regular Price
1000 - 9999 chips - 5% discount
10,000 - 99,999 chips - 10% discount
100,000 or more - 20% discount

Chip orders will require 50% down and 50% upon order delivery. Payment can be made via BTC (preferred) or bank wire.

Advantages of BFL chips:

1/2 the power usage per GH as the closest competitor
1/10th the silicon area per GH as the closest competitor (Very high performance density)
You can use off the shelf heat sinks depending on your chip layout due to FCBGA package vs custom underside heat sinks as required on some QFN packages. You don't have to design and manufacture heat sinks!
Proven design currently operating in the field and ready to go.

We will allow you to convert current orders with us into chip orders if you would rather design your own.

[jspielberg]

So... I haven't been paying attention.

Are all the engines equivalent performance, and if so... what is the performance per engine?

[Pheal]

It's only logical they sell the chips since they can't deliver hardware. I wouldn't be surprised they're also vaporware. Gotta love that down payment.

[Tigggger]

Is this a cunning plan to get BKK to design a board that works

[k9quaint]

So... I haven't been paying attention.

Are all the engines equivalent performance, and if so... what is the performance per engine?

2 chips per Jalapeno
~28 engines for 5000 MH/s, if we assume each engine produces 1 hash per clock then the engines are running at ~180Mhz and doing 180Mh/s

Imagine how much it stung to go from 1 chip  @ $40-60 apiece to 2 chips per Jalapeno. That probably blew up their margins on all of their $179 era pre-orders.

Heatsink + fan: $15
PCB: $20
Case, cable, and power brick: $15
2 chips: $100

Estimate COGS of Jalapeno is $150. Those are some slim margins @ $179 retail.

[PeZ]

Buy chips now and maybe we will tell you how to implement them next year.

[nubbins]

i chuckled at this as well. i guess if they convert all the pre-orders to chip sales, they won't need to worry about fixing problems with their boards  

[nubbins]

Buy chips now and maybe we will tell you how to implement them next year.

imagine what the reference designs look like...

[Phinnaeus Gage]

Butterfly Labs IS officially a piece of shit outfit. Customers have patiently been waiting for their orders, but BFL opts to sell new hardware devices and now chips, the same vapor chips that's suppose to go into product.

You've already seen how Sonny Vleisides treats little old ladies. Do you think for one motherfuckin' second he feels anything toward the demographics who've invested in BFL? The only thing he has proven in his life that he cares about is himself.

What a selfish PRICK. And that goes for all the cocksuckers over at BFL that know exactly what's what.

Sonny is such a PUSSY, he won't even come back to this forum to defend himself even if the accusations were false.

Madness! Utter madness!

[Bitcoinorama]

Unnnnbelievable! I actually wrote in a post the other day that the best thing forward would be for them to open up to the community and open source.

[TheSwede75]

So... I haven't been paying attention.

Are all the engines equivalent performance, and if so... what is the performance per engine?

2 chips per Jalapeno
~28 engines for 5000 MH/s, if we assume each engine produces 1 hash per clock then the engines are running at ~180Mhz and doing 180Mh/s

Imagine how much it stung to go from 1 chip  @ $40-60 apiece to 2 chips per Jalapeno. That probably blew up their margins on all of their $179 era pre-orders.

Heatsink + fan: $15
PCB: $20
Case, cable, and power brick: $15
2 chips: $100

Estimate COGS of Jalapeno is $150. Those are some slim margins @ $179 retail.

I think you are prob a little bit off here. With BFL offering the $100 upgrade from 5-7 gh/s for Jalapeño I am assuming that what that 'upgrade' consists of is that they use Class A chips instead of class C/D. This gives them a little better margins if they can use 13-15 engine binned chips for the 5 gh/s jalapeños.

Still not impressive margins, OR of course they may have MASSIVE margins on the bulk chip sales. Hard to know.

[TheSwede75]

Unnnnbelievable! I actually wrote in a post the other day that the best thing forward would be for them to open up to the community and open source.

100+ days lead time and $90 chips makes it a shitty proposition though. I doubt at those prices you can even find ROI on miners you would DIY build in Sept.

[Phinnaeus Gage]

Amazing how this is released at 5PM on a Saturday.

Of all the things that needs to be done at BFL, they've opt to sell chips they don't have. The same chips that................  FUCK IT!!!

This is so fucked up on so many levels, I don't even know where to begin.

Honest Abe must be rolling over in his grave, while PT Barnum is asking himself, "Why didn't I think of that?" The out-of-order sign in now firmly in place over the see-the-egress sign.

[pikeadz]

Yet another gimmick to buy themselves 2 weeks more of life with preorder money.  House of cards is collapsing faster than I thought.

[PuertoLibre]

So now they are also in the chip selling business:

https://forums.butterflylabs.com/announcements/3014-butterfly-labs-announces-bulk-chip-sales.html

Butterfly Labs will begin selling bulk chips to individuals and companies starting in June, 2013. Chip delivery schedule is approximately 100 days through end packaging once your order is placed. We will be providing reference documentation, reference design/schematics, and foundry receipt/documentation.

Chips will be graded and priced as follows:

Grade A: 16 Engines - $97/chip
Grade B: 15 Engines - $93/chip
Grade C: 14 Engines - $89/chip

Grade D: 13 Engines or less - $83/chip

Our chips will be provided in minimum lots of 100 with the following price structure:

100 - 999 chips - Regular Price
1000 - 9999 chips - 5% discount
10,000 - 99,999 chips - 10% discount
100,000 or more - 20% discount

Chip orders will require 50% down and 50% upon order delivery. Payment can be made via BTC (preferred) or bank wire.

Advantages of BFL chips:

1/2 the power usage per GH as the closest competitor
1/10th the silicon area per GH as the closest competitor (Very high performance density)
You can use off the shelf heat sinks depending on your chip layout due to FCBGA package vs custom underside heat sinks as required on some QFN packages. You don't have to design and manufacture heat sinks!
Proven design currently operating in the field and ready to go.

We will allow you to convert current orders with us into chip orders if you would rather design your own.

If you would like to place an order, please email chipsales@butterflylabs.com

Blows on his BS decoder ring.

The following is imaginary and simply wild speculation without a basis...allegedly

A) Oh shit, we have a shit ton of orders and little or no funding to pay for new wafers!
A1) I know, let just pass the cost of new wafers to our customers!
A2) I know, lets pitch the idea Avalon is doing to our boss. Surely he would love to see us sell 2$ chips for 97$!


B) Oh shit, we might not be able to complete our huge order backlog!
B1) I know, let get this monkey off our backs and shift the blame of bad boards to open source vendors. We will sell our yet to be made chips with an extra 50% downpayment for quick liquidity! That way we can clear our backlog of orders and prevent our asses from getting thrown into court.
B2) I know, lets lull people into thinking they can just make our boards for us. In this way we will only be responsible to order chips from the fab and the packaging people....and the rest will work itself out! We can't possibly screw this up....We are probably going to collapse soon, so we might as well open source our design. We are knee deep in commitments/liability we won't be able to fulfill anytime soon. Don't let them see the panic in our eyes?!

60 days to fulfill 2 days worth of orders.

How many days between june 23, 2012 and December 31, 2012? Alot. How many from Jan 1, 2013 till today? Can anyone say, entering PANIC mode?

So sometime in 2020? Right? I hope!

[PuertoLibre]

i chuckled at this as well. i guess if they convert all the pre-orders to chip sales, they won't need to worry about fixing problems with their boards  

Bingo,

It also lowers the bar with respect to complexity in the delivery of orders. If it's only chips...they can manage that much right?

That is one way of resolving the issue.

[Bitcoinorama]

2 weeks?! ASIC chips cost under $2 each to manufacture. It's FPGAs that are expensive. The point in ASICs is they have high non reoccurring engineering costs which BFL should have covered ages back, but keep finding new ways to spend and delay.

Overheads must be expensive, but they will not be running out of cash this way, even if they just convert the current orders.

Is this what Yifu' saying at this exact moment?; "WTF dude?! just sell the chips and **** the mining units".