butterflylabs Cheater

[greyhawk]

Guess who looks like an idiot? Here's a clue, take a look in a mirror.

How's your ASIC doing?

Well, since they're into August's pre-orders, it looks all set to be shipped to me by the end of July, just like I anticipated when I made my order in April.

Any expectations on how the thing will do in regards of ROI? Yesterday evening a Jalapeno still represented about 0,0038% of the network, but with what we know what they've still got in their order books this percentage is going to be Satoshi-sized pretty damn fast.

I'll make the following assumptions:

• I start mining at the very start of a new difficulty round.
• The starting difficulty is based on a network hashrate of 500 Th/s.
• The network hash rate increases by 100 TH/s each new difficulty round.

This gives us the following data for a 5 Gh/s device:

Network Hash Rate = 500 Th/s, Difficulty = 69849193.0961609, BTC/round = 0.50475000
Network Hash Rate = 600 Th/s, Difficulty = 83819031.7153931, BTC/round = 0.42062500
Network Hash Rate = 700 Th/s, Difficulty = 97788870.3346252, BTC/round = 0.36053571
Network Hash Rate = 800 Th/s, Difficulty = 111758708.953857, BTC/round = 0.31546875
Network Hash Rate = 900 Th/s, Difficulty = 125728547.57309, BTC/round = 0.28041667
Network Hash Rate = 1000 Th/s, Difficulty = 139698386.192322, BTC/round = 0.25237500

That gives a total of 2.13417113 BTC for the 6 difficulty rounds. Since I ordered in April when BTC was at it's high, I'll recoup the cost for the device and make a profit after 4 rounds.

With the network hash rate at 1900 Th/s, I'd be making about the same as what I get now from my 300 Mh/s, which is still profitable.

Interesting. You're the first I see who doesn't reflexively revalue his calculations into US dollar. I tip my hat.

[1714775970]

1714775970

[1714775970]

1714775970

[Korbman]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

[k9quaint]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

What else is left to say?

[HeroC]

butterflylabs Cheater

Aren't they shipping now?

[newmars]

what about electricity cost?

Guess who looks like an idiot? Here's a clue, take a look in a mirror.

How's your ASIC doing?

Well, since they're into August's pre-orders, it looks all set to be shipped to me by the end of July, just like I anticipated when I made my order in April.

Any expectations on how the thing will do in regards of ROI? Yesterday evening a Jalapeno still represented about 0,0038% of the network, but with what we know what they've still got in their order books this percentage is going to be Satoshi-sized pretty damn fast.

I'll make the following assumptions:

• I start mining at the very start of a new difficulty round.
• The starting difficulty is based on a network hashrate of 500 Th/s.
• The network hash rate increases by 100 TH/s each new difficulty round.

This gives us the following data for a 5 Gh/s device:

Network Hash Rate = 500 Th/s, Difficulty = 69849193.0961609, BTC/round = 0.50475000
Network Hash Rate = 600 Th/s, Difficulty = 83819031.7153931, BTC/round = 0.42062500
Network Hash Rate = 700 Th/s, Difficulty = 97788870.3346252, BTC/round = 0.36053571
Network Hash Rate = 800 Th/s, Difficulty = 111758708.953857, BTC/round = 0.31546875
Network Hash Rate = 900 Th/s, Difficulty = 125728547.57309, BTC/round = 0.28041667
Network Hash Rate = 1000 Th/s, Difficulty = 139698386.192322, BTC/round = 0.25237500

That gives a total of 2.13417113 BTC for the 6 difficulty rounds. Since I ordered in April when BTC was at it's high, I'll recoup the cost for the device and make a profit after 4 rounds.

With the network hash rate at 1900 Th/s, I'd be making about the same as what I get now from my 300 Mh/s, which is still profitable.

[k9quaint]

what about electricity cost?

ASICs and FPGAs are very power efficient and at the current BTC/USD rate and difficulty, the costs of electricity are negligible. $1 - $5 a month depending on your electrical rates.

[Mabsark]

what about electricity cost?

It'll actually go down as I'll no longer be mining constantly on my GPU.

[Korbman]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

What else is left to say?

I'm not saying there's anything to add or refute...

These three utilize impressive search algorithms specifically tuned to the phrase "BFL" or "Butterfly Labs", which allows them instantly find any thread about the company. From there, they will proceed to "Rabble Rabble", adding nothing to the conversation, and moving on when the next thread pops up.

Watching them is sort of akin to tracking migratory birds in the spring / fall.

[Inaba]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

What else is left to say?

I'm not saying there's anything to add or refute...

These three utilize impressive search algorithms specifically tuned to the phrase "BFL" or "Butterfly Labs", which allows them instantly find any thread about the company. From there, they will proceed to "Rabble Rabble", adding nothing to the conversation, and moving on when the next thread pops up.

Watching them is sort of akin to tracking migratory birds in the spring / fall.

They are more like feral cats.  They collect in a place, scratch it up, shit all over the place and then leave when it's a wreck, to find a new place to ruin for everyone else.

[dogie]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

What else is left to say?

I'm not saying there's anything to add or refute...

These three utilize impressive search algorithms specifically tuned to the phrase "BFL" or "Butterfly Labs", which allows them instantly find any thread about the company. From there, they will proceed to "Rabble Rabble", adding nothing to the conversation, and moving on when the next thread pops up.

Watching them is sort of akin to tracking migratory birds in the spring / fall.

They are more like feral cats.  They collect in a place, scratch it up, shit all over the place and then leave when it's a wreck, to find a new place to ruin for everyone else.

Sounds like you and trust LOL.

[miter_myles]

*looks around suspiciously, looks at watch*

Where's Smoothie, Frizz, and Puerto?
I figured they'd be here by now already foaming at the mouth and snarling in agreement with OP...

What else is left to say?

I'm not saying there's anything to add or refute...

These three utilize impressive search algorithms specifically tuned to the phrase "BFL" or "Butterfly Labs", which allows them instantly find any thread about the company. From there, they will proceed to "Rabble Rabble", adding nothing to the conversation, and moving on when the next thread pops up.

Watching them is sort of akin to tracking migratory birds in the spring / fall.

They are more like feral cats.  They collect in a place, scratch it up, shit all over the place and then leave when it's a wreck, to find a new place to ruin for everyone else.

Sounds like you and trust LOL.

[k9quaint]

They are more like feral cats.  They collect in a place, scratch it up, shit all over the place and then leave when it's a wreck, to find a new place to ruin for everyone else.

Sounds like you and trust LOL.

[Inaba]

Came for the

Left disappointed.

[r3wt]

butterflylabs Cheater

ha, thats fucking awesome!! nicely done

[PuertoLibre]

Guess who looks like an idiot? Here's a clue, take a look in a mirror.

How's your ASIC doing?

Well, since they're into August's pre-orders, it looks all set to be shipped to me by the end of July, just like I anticipated when I made my order in April.

Any expectations on how the thing will do in regards of ROI? Yesterday evening a Jalapeno still represented about 0,0038% of the network, but with what we know what they've still got in their order books this percentage is going to be Satoshi-sized pretty damn fast.

I'll make the following assumptions:

• I start mining at the very start of a new difficulty round.
• The starting difficulty is based on a network hashrate of 500 Th/s.
• The network hash rate increases by 100 TH/s each new difficulty round.

This gives us the following data for a 5 Gh/s device:

Network Hash Rate = 500 Th/s, Difficulty = 69849193.0961609, BTC/round = 0.50475000
Network Hash Rate = 600 Th/s, Difficulty = 83819031.7153931, BTC/round = 0.42062500
Network Hash Rate = 700 Th/s, Difficulty = 97788870.3346252, BTC/round = 0.36053571
Network Hash Rate = 800 Th/s, Difficulty = 111758708.953857, BTC/round = 0.31546875
Network Hash Rate = 900 Th/s, Difficulty = 125728547.57309, BTC/round = 0.28041667
Network Hash Rate = 1000 Th/s, Difficulty = 139698386.192322, BTC/round = 0.25237500

That gives a total of 2.13417113 BTC for the 6 difficulty rounds. Since I ordered in April when BTC was at it's high, I'll recoup the cost for the device and make a profit after 4 rounds.

With the network hash rate at 1900 Th/s, I'd be making about the same as what I get now from my 300 Mh/s, which is still profitable.

Man, are your numbers off by a few factors!

[PuertoLibre]

They are more like feral cats.  They collect in a place, scratch it up, shit all over the place and then leave when it's a wreck, to find a new place to ruin for everyone else.

It almost sounds like what you did with BitCoin.

Expert execution!

When are you shipping ASICs based on Scrypt?

[auto2nr1]

BFL has caught up on Jalepeno orders up to July 31st. Is there any news on when they will start shipping the other higher hashing miners?

[ccplz]

butterflylabs Cheater

images

Subtle,well played

[bassclef]

BFL has caught up on Jalepeno orders up to July 31st. Is there any news on when they will start shipping the other higher hashing miners?

Has anyone posted about actually receiving their units?

[Preschoolv2]

BFL has caught up on Jalepeno orders up to July 31st. Is there any news on when they will start shipping the other higher hashing miners?

Has anyone posted about actually receiving their units?

]

Jalapenos are all over this forum. selling for crazy prices.