Butterfly Labs shipping 300 units a day

[k9quaint]

It's well established BFL is shipping units and catching up with their huge backlog.

They are shipping. However, they are still on the first day of singles and the sun continues to rise and set, thus they are falling further behind in terms of time and more importantly mining difficulty.

If BFL posted their shipping ledger, those that passed up on placing a timely order would still come out and cry disbelief.

Actually, people would be able to verify that their order was in the ledger. Then they would know when to expect their unit and roughly how much hash rate is between them and receipt of their merchandise. They can watch as BFL makes progress through it and make an informed decision as to whether to ask for a refund or not.

 This perma-hate reaction seems to be some sort of defense-mechanism which only serves to help the poster cope with the crude reality of their poor decision-making, now getting unraveled.

Actually, the math says that the people who "placed a timely order" would have benefited far more by just holding onto their BTC or buying it from an exchange, rather than buying BFL mining equipment to get BTC. So it is not with jealousy but with relief that I look on those who received Singles for 200BTC and I thank my lucky stars that I am not one of them.

Unfortunately, some folks still think they got a good deal.

Edit: Ah. Now it becomes clear.
Name:   dominicus
Date Registered:   July 01, 2013, 12:30:49 PM

I'd ask you to read the thread history of BFL (wholly owned subsidiary of Two More Weeks Inc.) to understand the animosity towards Inaba and his band of merry sockpuppets, but I know you won't. 

[Syke]

It's well established BFL is shipping units and catching up with their huge backlog.

They are shipping. However, they are still on the first day of singles and the sun continues to rise and set, thus they are falling further behind in terms of time and more importantly mining difficulty.

Minirigs: First day.
Singles: First day.
Little Singles: First day.
Jalapenos: Actually shipping. In the past 4 months they've shipped 4 months worth of Jalapeno orders. They are down to only 9 months worth of Jalapeno backlogs left to ship.

[Phinnaeus Gage]

While trying to find an image with more than 20 units in one picture, I think I found the issues with the previous (and somewhat ongoing) shipping delays...



They are using the sticky note system to mark orders!  Eventually those stickies don't stick no more... now there is chaos in trying to establish who ordered what cause all of the stickies are falling off!  ahhhh!!  
(yes, this is a joke... I am sure there is a legitimate reason for the stickies!... I wonder if the butterfly stickies are custom made...  )


EDIT: If they are going through 300 stickies a day, it might be a wiser investment right now to invest in sticky notes    

BFL has their head stuck so far up their ass that they can't even purchase the correct sticky notes.

[billotronic]

I should of sold my jalapeno for more than 2k....

[geofflosophy]

I don't know beyond what they claim in the article whether or not they are shipping 300 units a day, but I do think that it's possible that they could be shipping that many (few?) units and we don't see the evidence on this forum or the tracking log. People are inherently lazy and prone to inaction, and don't necessarily want to be identified as having one of these units or get criticized for being a sockpuppet or shill when they say they got theirs.

Still, even if it's 300 orders a day, that is a snails pace compared to their queue and the fact that they are still accepting orders is tantamount to fraud.

I haven't bought any BFL products, but I'd find it hard to believe they wouldn't take a picture of more than 18 units if they had 300/day shipping.... maybe they mean 300 chips per day are leaving the warehouse?   

[Chronikka]

Still, even if it's 300 orders a day, that is a snails pace compared to their queue and the fact that they are still accepting orders is tantamount to fraud.

I can't believe people are still placing orders. By the time they receive them the difficulty will be too high for the 5 gh/s bfl to be profitable. There are plenty of other asics on the market right now. You may have to spend a little more up front but you get it now and you get to mine during the time the bfl'ers are waiting months for their delivery

[dogie]

xD half a day's worth of Japs shipped in a day, that infinite clear time [unless refunds > half a day's worth, per day]

[scambutterflylabs]

quote:

Mine was in "production" status for more than 2 weeks. So according to this, it was on the assembly floor for over 2 weeks, then it went into a sort of unspoken limbo for 3 weeks while it disappeared, and now it's been "fulfilled" but isn't ready to pick up.


https://forums.butterflylabs.com/bfl-forum-miscellaneous/3907-anyone-get-email-bfl-tonight-info-letter-reprint-below-3.html#post48350

"I suspect the email was to comply with FTC (?) rules which have been quoted a gazillion times on bitcoin talk about communication at least every 30 days if delayed or something.

The reason jally line is so far ahead, they likely have a shit ton of stock that works for jally... probably the boards and cases originally for jally went to scrap and the boards and cases originally for LS and S are being used for jally while the larger products needed to be redesigned."

https://forums.butterflylabs.com/bfl-forum-miscellaneous/3907-anyone-get-email-bfl-tonight-info-letter-reprint-below-3.html#post48356

[shmadz]

The fact that they are shipping out sample chips to bulk chip purchasers in a timely fashion suggests that delays are due to issues with other parts and/or assembly and not due to delays in chip acquisition. Not that it's fair but I think BFL chip purchasers will have working clones before many of those who bought miners...

I'm not going to wade through the whole thread because "I've been down that road, I know exactly where it leads..."

but I feel this statement from dwdoc hits the nail on the head.

What did they say in the article? 35 employees I believe? spread between the normal operating overhead of the company I would guess there are less than 20 people actually assembling these devices?

One could imagine how they would have a rough time trying to fill their backlog.

Much easier to simply order the chips from a facility that is actually capable of mass-production and then re-sell the chips to industrious and motivated third-parties who are willing and able to do all the hard work.

[scambutterflylabs]

ONE man real work VS BFL

http://imgur.com/a/lxMWi#Gbonqie

[erk]

ONE man real work VS BFL

http://imgur.com/a/lxMWi#Gbonqie

And in the time it took for a person to assemble all that, one man at BFL could have assembled several hundred Jalapenos making a lot more people happy than 7 Avalon units.

[k9quaint]

ONE man real work VS BFL

http://imgur.com/a/lxMWi#Gbonqie

And in the time it took for a person to assemble all that, one man at BFL could have assembled several hundred Jalapenos making a lot more people happy than 7 Avalon units.

If that were true, BFL would be done with their back log weeks ago. Unless they can't afford the parts...

[nexus99]

Every time my Jally mines out 4 BTC I am ordering a new Jally... When they catch up to my orders it will be like Christmas off in this beeotch! Got 2 on order and working on the third!

[jubalix]

and this is why i mine primecoin!

[Phinnaeus Gage]

For those not able to do the math themselves at home, over the weekend 600 units were assembled to be shipped out first thing Monday morning.


I hate Mondays!

[erk]

Every time my Jally mines out 4 BTC I am ordering a new Jally... When they catch up to my orders it will be like Christmas off in this beeotch! Got 2 on order and working on the third!

Sounds reasonable, I guess you have to do that to keep up with the difficulty increases.

[nexus99]

With no particular evidence to cite I project that at some point there will be a level off of the increase in TH/S and difficulty. I am a very small miner now (8GH/s for BTC and 730 KH/s for LTC) but if I can hold on to my .2 BTC per day production throught the ASIC boom I feel like I will come out OK on the other side. If not I will have a bunch of ASIC boxes that at least paid for themselves...

[YipYip]

I have no orders with any BTC equipment of any description ..... ALL LTC and proud of it !!

What i do take exception to is con men,scam artists,thiefs and liars..

You are in this group....you waste of space..contstantly trying to misrepresent the truth and SPIN every situation  to BFL adavantage you SIR are a fucking joke !!

If you're all LTC, why are you bothered about what BFL do?  It's literally none of your business, as you haven't paid for anything, and obviously don't intend to do so. 

You're just trolling and talking crap.

Truth=trolling ...then yes i am trolling

Plain & fucking simple BFL are bad for the crypto community !!

As long as that this type of un-professional/dishonest  behavior is acceptable we will never move forward..

And we dont live in communist north korea so i can tell you to "Go fuck yourself" as this is my business

[bitterdog]

Still, even if it's 300 orders a day, that is a snails pace compared to their queue and the fact that they are still accepting orders is tantamount to fraud.

I can't believe people are still placing orders. By the time they receive them the difficulty will be too high for the 5 gh/s bfl to be profitable. There are plenty of other asics on the market right now. You may have to spend a little more up front but you get it now and you get to mine during the time the bfl'ers are waiting months for their delivery

You mind naming some? Don't name vaporware of "developing" name the ones with actual shippable. Product.. yeah... and then..

[dentldir]

With no particular evidence to cite I project that at some point there will be a level off of the increase in TH/S and difficulty. I am a very small miner now (8GH/s for BTC and 730 KH/s for LTC) but if I can hold on to my .2 BTC per day production throught the ASIC boom I feel like I will come out OK on the other side. If not I will have a bunch of ASIC boxes that at least paid for themselves...

Maintaining your percentage of global hash rate is a great strategy for getting through the spike as a profitable miner.  Its the flat and downward parts that payoff handsomely.  I can't wait for the next difficulty decrease, even if it takes a couple of years to get there again.  A major crash in BTC/fiat would facilitate that nicely, but at a very high risk to entire offering.

On this side of the spike, its tricky estimating the probabilities that new hardware will ship and when.  It seems that everyone so far has missed on their heat/power estimates.  I don't expect that to change and will likely push units out a couple of months.  Even the USB Sapphires came in at 510ma draw if I remember correctly.

BFL has already faced that battle and adapted.  I'd love to see an announcement of an outsourced agreement for assembly and testing.

Bitfury has already come to terms with missing their density projections if I've followed that thread correctly.  I'd love to see more clarity on the counter party risk for the rest of the world since it is "russia only".  Metabank is the intermediary right?  It seems they will hit October 2013 at this rate but with an unknown quantity.

KnC is an unknown so far but has the highest density on the books.  They recently posted some slides showing a simulation of their cooling solution if their chip were to ever hit 125C, which they don't expect it to do.  (I would hope not).  The large BGA package is worth noting since BGA does not do well in thermal cycled environments.  A working chip with 3rd party verification would be nice here.  Followed by some kind of announcement on where they are setting up their supply and manufacturing chains.  I'd put them at 100% delivery by March 2014 without knowing more.

Avalon DIY seems to be landing at 350MH/s or so per chip, less than the 450MH/s theoretical.  I believe there is a water cooled board that runs at max, but I haven't kept up with that thread.  I think these things will start arriving in August 2013 if the April Avalon chip orders are any indication.  There is also a crazy 107GH/s Avalon miner in the Chinese boards thats worth looking at.

AM is out far ahead of everyone and I expect them to put serious pressure on the price once competitive units emerge into reality.  Especially if they can kick out a 65nm product before the end of the year.  All bets are off if they announce an acquisition of someone else's IP and they stuff it into their manufacturing chain.