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Author Topic: BFL announces 28nm 600GH/S blade for $4680  (Read 39791 times)
k9quaint
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August 18, 2013, 05:13:02 PM
 #441

haha "looser" cant even spell.

A spelling cop that can't spell, looks like an even greater fool than the person he was trying to call out LOL

In the wild, they're referred to as "Cunts".

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Phinnaeus Gage
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August 18, 2013, 05:14:37 PM
 #442

BFL's main FAQ page is still showing that they accept PayPal: http://www.butterflylabs.com/faq/

Quote
What methods of payment do you accept?

We accept PayPal, Bitcoins and Bank Transfer.

PayPal has a transaction limit of $10,000 US.

I'm sure Josh or Jeff will take care of this first thing Monday morning upon reading Bruno's post.
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August 18, 2013, 05:32:50 PM
 #443

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Can I get a refund on my order?

While we reserve the right to handle refund requests on a case by case basis, pre-ordered products are non-refundable as is clearly stated at the time of purchase.  The reason for this is that pre-order funds are used in the build process which makes it impractical to reverse.  It's also been observed that some small number of customers have placed orders as part of a bitcoin price hedging strategy which involves multiple requests to cancel and then re-enstate their orders as market conditions change.  This has created an enormous customer service burden which is resolved by enforcing the all sales final policy.

But now, thanks to the magic of the internet, one can simply upgrade by canceling their previous order in lieu of an upgrade with ONLY a 10% processing fee which will be used to pay warehouse personal to toss the now unusable components of said previous yet-to-be-built miner into the dumpster.

Also, isn't this a form of a HEDGING STRATEGY that BF Labs Inc. is trying to put an end to as stated in their FAQ? Every single person who upgrades is trying to hedge their investment.

Madness!
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August 18, 2013, 05:36:44 PM
 #444

this thread is getting ugly.....  why does no one factor in a bitcoin price increase and only a difficulty increase on the charts....
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August 18, 2013, 05:39:43 PM
 #445

this thread is getting ugly.....  why does no one factor in a bitcoin price increase and only a difficulty increase on the charts....
It started ugly.


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k9quaint
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August 18, 2013, 05:41:11 PM
 #446

this thread is getting ugly.....  why does no one factor in a bitcoin price increase and only a difficulty increase on the charts....

If you are certain that Bitcoin is going to increase, you should just buy the Bitcoins from MtGox and get them immediately. Simple. No worres. Free profit.
If you are not certain, then you shouldn't depend on an increase in BTC/USD exchange rate to bail you out. Wink

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August 18, 2013, 05:43:12 PM
 #447

this thread is getting ugly.....  why does no one factor in a bitcoin price increase and only a difficulty increase on the charts....

Because price of BTC to USD is irrelevant.  Only the BTC cost of miner vs BTC generated by miner.  If you paid 10BTC worth of USD and the machine ultimately makes 8 BTC from mining due to difficulty growth... you would have been 25% better off at the end if you had just bought the 10 BTC directly on the open market, and held it rather than forking it over to a hardware company.
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August 18, 2013, 05:43:25 PM
 #448

On BFL's FAQ page, you can see that the 1/3 program is still in place. Amazingly, there are early investors who upgraded due to the conning verbiage BFL used to have them do such, and have yet to receive their products, and after several attempts haven't been able to get an estimate from BFL as to when their product will arrive. Now, BFL is asking them to upgrade once again.

Madness!
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August 18, 2013, 05:50:55 PM
 #449

this thread is getting ugly.....  why does no one factor in a bitcoin price increase and only a difficulty increase on the charts....

Because price of BTC to USD is irrelevant.  Only the BTC cost of miner vs BTC generated by miner.  If you paid 10BTC worth of USD and the machine ultimately makes 8 BTC from mining due to difficulty growth... you would have been 25% better off at the end if you had just bought the 10 BTC directly on the open market, and held it rather than forking it over to a hardware company.

i agree to an extent.... but im willing to bet 75% of miners are hobbyists and dont factor ROI down to the exact costs.... I dont factor in my electricity because my computers run 24/7 anyway.... everyone says you'll never make a ROI on the usb block erupters....  I'm running about 60 of those,  and 45 have paid for themselves in full with some jumping between pools for btc and ppc...
bcp19
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August 18, 2013, 05:52:26 PM
 #450

mark .

Qnosh, almost all your comments state 'mark', why?!
He's a hairlipped dog?

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
millsdmb
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August 18, 2013, 05:53:24 PM
 #451


I dont factor in my electricity because my computers run 24/7 anyway....

If your GPU were running full throttle all day, it would use far more power than not. Just sayin

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
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Phinnaeus Gage
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August 18, 2013, 05:54:05 PM
 #452

Quote
Chip development is traditionally a 12 month process, so ASIC engineering teams have to be forward thinking in order to provide the best technology to the market.  28nm development began a long time ago.

Yet, two weeks ago Josh was dissing 28nm technology.

Quote
Here are the timeline milestones:

Timeline milestones worked so well for Josh back in January of this year, they've opted to do it again.

Quote
You can apply the purchase price of any undelivered product towards a 28nm product by paying a 10% transfer fee.  That will close out your old order and credit your account towards the purchase of a 28nm Monarch pre-order.

There it is again: You can't cancel your order due to your pre-order money was used to acquire parts to built your miner, but they will gladly toss them in the dumpster if you upgrade for only a 10% transfer fee.

Madness!
Bogart
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August 18, 2013, 06:00:43 PM
 #453

Choosing PCIe to be "data center ready" is funny.

Clearly the proper way to achieve this would have been to use a 19" rackmountable form.  Then they could put whatever arrangement they wanted inside the case to achieve optimal cooling, density, etc.

Instead they're letting the end users deal with these problems.  How many GPU rigs have you seen that are "data center ready"?

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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August 18, 2013, 06:04:57 PM
 #454

and there's already an ebay listing, lol.


idiots these days.

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August 18, 2013, 06:06:09 PM
 #455

http://www.ebay.com/itm/Butterfly-Labs-Monarch-600-GH-s-ASIC-Preorder-Placed-08-17-13-BTC-Bitcoin-Miner-/161088301635


lol
millsdmb
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August 18, 2013, 06:10:40 PM
 #456

at least there I can use paypal to get my money back in 45 days when it doesnt ship  Cheesy Cheesy

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
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fractal02
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August 18, 2013, 06:12:25 PM
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 How many GPU rigs have you seen that are "data center ready"?


A lot my friend...a lot...

2 words for you : VMware + Catia. (for example...)

There is a big Professionnal market about virtualization (GPU sharing)

vulgartrendkill
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August 18, 2013, 06:38:00 PM
 #458

So, they want to you to clear your undelivered product by purchasing one they haven`t even created yet?? Oh and charge you 10%

Pfft
xzempt
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August 18, 2013, 07:12:43 PM
 #459

Bitcoin Difficulty

50,810,339
Next difficulty (estimate): 67,296,755
millsdmb
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August 18, 2013, 07:14:00 PM
 #460

Bitcoin Difficulty

50,810,339
Next difficulty (estimate): 67,296,755
What's the ETA of 67.3M?

Hitler Finds out about the Butterfly Labs Monarch http://www.youtube.com/watch?v=4jYNMKdv36w
Get $10 worth of BTC Free when you buy $100 worth at coinbase.com/?r=51dffa8970f85a53bd000034
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