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Author Topic: BFL announces 28nm 600GH/S blade for $4680  (Read 39288 times)
bcp19
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September 02, 2013, 02:25:22 PM
 #841

Who else here has noticed that Butterfly Labs has been falsely advertising their planned 28nm product as decisively better than what actual competition offers?
Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :

BFL Monarch $7.80/GH @ 0.6W/GH  ----  "The Competition": at least $17.50/GH @ 2.5W/GH

This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)

On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.

Simple enough:

BFL Monarch $7.80/GH @ 0.6W/GH  ----  "The Competition": at least $17.50/GH @ 2.5W/GH (As of <insert date>)

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
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September 02, 2013, 05:35:14 PM
 #842

How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.

They will just put other misleading information in. Their Google+ page is hilariously wrong.
BFL probably doesn't realize that Google keeps all their deleted Google+ posts. When they do land in court, a lot of that nonsense is going to sting.

Bitcoin is backed by the full faith and credit of YouTube comments.
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September 12, 2013, 09:09:51 PM
 #843

This is probably going to affect BFL sales (especially considering BFL is always late)
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail

Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.

Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.

Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...


BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
erk
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September 12, 2013, 09:17:27 PM
 #844

This is probably going to affect BFL sales (especially considering BFL is always late)
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail

Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.

Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.

Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...


This is what they have to do to keep up with the difficulty increases and give a positive ROI before the cost of electricity exceeds the revenue the device makes. There is plenty of margin in these things when you look at the components used vs the sell price.

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September 12, 2013, 10:10:52 PM
 #845

They dont even have a real rendering of what it will look like yet and its already out of date (that GPU they call a "Miner" doesn't count)

Wow. I am going to enjoy watching Butterfly Labs and their Monarch go under.

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
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September 12, 2013, 10:21:55 PM
 #846

Kablam!

News reports that CoinTerra's new offering is both competitively priced and is cheaper than a BFL Monarch.

CoinTerra Introduces Two Low-Cost Bitcoin ASIC Mining Solutions | CoinTerra
Cointerra : now less than $3 per GH...

Source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/4839-cointerra-now-less-than-%243-per-gh.html

The Story Link: http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/

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PuertoLibre
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September 12, 2013, 10:24:33 PM
 #847


"Cointerra just killed the Monarch as long as they can deliver in Jan, Feb or March or even April or May." -- Asic-J (Hardcore BFL Supporter)

"Yesterday I would have paid $10 per gh/s for bfl gear and I thought that might be too insulting as is. Now with $3 Gh/s miners on the horizon I think $5 per ghs is a good price." -- BitBoyben (Uber BFL Fanboi)


Source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/4839-cointerra-now-less-than-%243-per-gh.html#post57276


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September 12, 2013, 10:27:59 PM
 #848

Kablam!

News reports that CoinTerra's new offering is both competitively priced and is cheaper than a BFL Monarch.

CoinTerra Introduces Two Low-Cost Bitcoin ASIC Mining Solutions | CoinTerra
Cointerra : now less than $3 per GH...

Source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/4839-cointerra-now-less-than-%243-per-gh.html

The Story Link: http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/


you're a little late to the party....very late actually, but still appreciated. lol
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September 12, 2013, 10:28:12 PM
 #849

Well until I see a prototype from anyone "it's just a box of fans"



BFL raking in the June 2012 Pre-order money and BFL January 2013 with a beautiful box of fans to show for it.

Enough said......
01BTC10
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September 12, 2013, 10:28:51 PM
 #850



"Cointerra just killed the Monarch as long as they can deliver in Jan, Feb or March or even April or May." -- Asic-J (Hardcore BFL Supporter)

Source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/4839-cointerra-now-less-than-%243-per-gh.html#post57276


I couldn't believe what he was writing when I saw this. Today was my first visit since many month and the atmosphere is not very warm anymore.
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September 12, 2013, 10:36:22 PM
 #851

You want to have the warm fuzzy feeling in your heart go here

https://bitcointalk.org/index.php?topic=291205.0

Folks helping folks get out of the dark BFL No Refund hole

Bitcoin community spirit in action
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September 12, 2013, 10:38:59 PM
 #852



Source: https://forums.butterflylabs.com/dbtgallery.php?do=view_image&id=1358&gal=usergallery

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September 12, 2013, 10:46:27 PM
 #853

Looks like Josh is already promising to screw his early Monarch pre-orders by slashing prices.



Looks like he is thinking of "price matching" when they release the Monarch line. Which means, if you pay now, you will pay too much.

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September 12, 2013, 10:48:41 PM
 #854

Looks like he is thinking of "price matching" when they release the Monarch line. Which means, if you pay now, you will pay too much.

They'll raise their prices then offer discount coupons for future orders.

Buy & Hold
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September 13, 2013, 04:59:56 PM
 #855

Looks like he is thinking of "price matching" when they release the Monarch line. Which means, if you pay now, you will pay too much.

They'll raise their prices then offer discount coupons for future orders.
Probably.

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September 16, 2013, 03:29:26 PM
 #856


Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
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November 09, 2013, 10:16:34 AM
 #857

Great photo, let's hope it's not true. If BFL don't suffer the same delays Cointerra and Hashfast have recently and actually start delivering late Nov early Dec i think they may stay in the game. 
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November 09, 2013, 11:48:04 AM
 #858

Great photo, let's hope it's not true. If BFL don't suffer the same delays Cointerra and Hashfast have recently and actually start delivering late Nov early Dec i think they may stay in the game. 

I honestly don't think that's gonna happen.

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November 09, 2013, 12:03:04 PM
 #859

No chips but nice prototypes   Grin






Sorry for my bad english Wink
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November 09, 2013, 12:23:01 PM
 #860

Great photo, let's hope it's not true. If BFL don't suffer the same delays Cointerra and Hashfast have recently and actually start delivering late Nov early Dec i think they may stay in the game.  

They haven't got a chip to tapeout... that is the issue. That foto I posted was a direct dig at the BFL Monarch from us at Project Wasp... given the 3 other chips potentially coming to market from December through February, of which all of them are available to us when we build the Wasps and Hives... we have some confidence that our miner will be of a better value and appear sooner to the market than the BFL's Monarch. Given that there are at least 3 other companies that could bring chips and units to the market that beat the Monarch in price and speed if they ship before February... one can't reasonably expect anyone to pre-order BFL vapourware. Obviously BFL will be "delayed" well into 2014 given their past performance so it would be FOOLISH to put your order in with them given the other opportunities especially when all of them actually have chip designs and all BFL has is a faux GPU board and no chip at all.

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
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