BFL Announces 600GH/s 28nm PCIe Mining Card

[enmaku]

It's call the "Monarch"

http://codinginmysleep.com/bfl-introduces-28nm-asic-and-its-a-pcie-card/

[joshv06]

Everyone read this:

I have a July 15 2012 pre-order for 2 ASIC SC Singles and I still don't have them to this day. I am coming from a group buy upgrade so I can't really get a refund. I am thankful people with PayPal/Credit Cards were able to get their refunds.

Screw BFL.

[tinus42]

It's call the "Monarch"

http://codinginmysleep.com/bfl-introduces-28nm-asic-and-its-a-pcie-card/

Available in Two Weeks^TM

[BeepBeep2]

It's call the "Monarch"

http://codinginmysleep.com/bfl-introduces-28nm-asic-and-its-a-pcie-card/

Available in Two Weeks^TM

No,
Shipping begins in Two Weeks^TM*
     _{*Two Weeks from time of reading statement, number of statements unlimited.}

[OmegaNemesis28]

Everyone read this:

I have a July 15 2012 pre-order for 2 ASIC SC Singles and I still don't have them to this day. I am coming from a group buy upgrade so I can't really get a refund. I am thankful people with PayPal/Credit Cards were able to get their refunds.

Screw BFL.

Im coming from a July 10 2012 preorder for an Single and still havent received mine either, and of course we paid on the day we ordered.
Backing this post. FUCK THEM and their lies.

The fact that they go and announce this with plans to ship BEFORE THEY HAVE EVEN FINISHED THEIR CURRENT YEAR+ QUEUE IS BEYOND ME

Anyone who falls for this is fucking out of their mind.

[vulgartrendkill]

it looks like loads of people are falling for it all.  Until I see a version hashing away, its vaporware

[User705]

it looks like loads of people are falling for it all.  Until I see a version hashing away, its vaporware

Pretty sure it's not vaporware but you will never see it in your hand with a positive ROI.

[fex]

Read carefully: it might "only" deliver 480 GH/s

600 GH/s nominal performance ( + - 20% )

From: https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html

[Justin00]

Im not into mining and don't care to discuss the negatives about BFL but that card looks pretty cool. I'd def be getting a few of them (even if they were slower) if I was into mining.

[John Self]

Have they shipped anything yet?

[crazyates]

Have they shipped anything yet?

Uhh, fuck ya. People all over these forums have their ASICs, from the 5GH/s Jalapenos to the 500GH/s MRs. I've gotten 3 different units already.

[Xian01]

Anyone who falls for this is fucking out of their mind.

 </thread>

[aoshea]

Delivered via unicorn express; Order within the next thirty minutes for a free golden fleece

[razorfishsl]

Yep last time we didn't give you a reach round...
  But for a paltry 10% they are now available.

[RChevalier]

I'm still in the process of trying to get a refund on my august 2012 order for a single.  While there are those of you who have your products in hand, you are in the minority.  For the rest of us, I think it's a matter of principle, and maybe a touch of spite even.  People don't like being lied to and led on.  Personally, it's gonna take something extraordinary for me to consider buying another BFL product again.  Especially now, with other options available.

[razorfishsl]

From the site...

Hey you Jerks, what are you doing announcing 28nm gear while you're still shipping 65nm? I want my Single

65nm products are shipping in great volume, but will be out of production long before the first 28nm Monarch cards are through development and ready to be shipped.  If you haven't already received your 65nm product, you will very shortly.  The ASIC engineering team finished 65nm development long ago and turned it over to production.  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.  Please don't think that this means production of your singles ever lost a second of focus.  They are different teams and we've put enormous resources into building our supply chain & production capacity.  Nothing is more important than shipping your order as fast as possible.

Problem is.... IF you transfer your order, there is even less chance of getting your money back, because it adds another 3 months to the time since you paid.

[NWO]

The BFL scammers have opened new pre-orders when they haven't even completed their current crop of orders 

[User705]

From the site...

Hey you Jerks, what are you doing announcing 28nm gear while you're still shipping 65nm? I want my Single

65nm products are shipping in great volume, but will be out of production long before the first 28nm Monarch cards are through development and ready to be shipped.  If you haven't already received your 65nm product, you will very shortly.  The ASIC engineering team finished 65nm development long ago and turned it over to production.  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.  Please don't think that this means production of your singles ever lost a second of focus.  They are different teams and we've put enormous resources into building our supply chain & production capacity.  Nothing is more important than shipping your order as fast as possible.

Problem is.... IF you transfer your order, there is even less chance of getting your money back, because it adds another 3 months to the time since you paid.

So what another year of no shipping at all.  Notice how the set-up for next round of excuses but we told you it will be really long time begins already on 1st day.

[crazyates]

Proposed question:

I pre-ordered multiple FPGA Single, and I received them all.

I pre-ordered multiple ASIC SCs, and I've received most of them. The rest were ordered later, and they haven't gotten to them yet.

I will admit that I was contemplating ordering from KNC or BitFury, but now I'll have to reevaluate that position.

Out of all the hardware being offered, this new Monarch's claimed specs seem to be the most profitable, and I don't imagine any new hardware coming along and changing that. (KNC is also 28nm, but it's not a full-custom chip. BitFury is a fully-custom chip, but it's only 45nm, not 28nm. Both are just starting to roll out, and neither has any units in customer's hands. Avalon or ASICMiner could die-shrink, but I don't think that will help. They'd have to redo everything to accommodate a larger, multiple-hashing-core design.)

So they have a spotty track record, but they've always delivered. They seem to have the best product for sale (or pre-order, depending on how you look at it). Why shouldn't I buy one? Or 10?

[User705]

Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.