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Author Topic: Bitcoin "Monarch" PCI Express 600 GH/s cards.. What the heck  (Read 7667 times)
Phinnaeus Gage
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August 19, 2013, 04:37:46 PM
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We've put enormous resources into building our supply chain & production capacity so that we can serve our customers.

How does it feel to be served?
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colinistheman
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August 19, 2013, 05:27:47 PM
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We've put enormous resources into building our supply chain & production capacity so that we can serve our customers.

How does it feel to be served?
lol Sad

probably feels about as good as being served to go to court
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August 20, 2013, 09:19:01 PM
 #23

Oh come on, people. You are cruel and unfair to poor BFL. It's not like they are not trying Grin Grin Grin
But seriously, 600mhash/s how are they going to cool all that in such small blade? Will it be again "two more weeks and you have it in your hands, we swear! We just need to fix cooling/power issue it will take 3 more days and you'll have it in 2 weeks!"

If it only consumes 350W due to the new smaller technology, then it´s like a graphicsCard´s power throughput. Therewith theoretically possible. But remember what they´ve said about Jalapeno´s power consumption: originally 4,5W, later corrected to 30W. If same with this new blade, you will get something like 2kW... then there is a big problem. I won´t buy it, I´m still waiting for my Single. I don´t want to buy new hardware for mining endlessly.

I bet, short time before they deliver, they will announce the new "Empire Blade" with 5TH, Preorders now, customers of "Monarch Blade" can be switched by a fee of 15%. Alleged "Delivery late autumn 2014"...

One thing is clear: They are the real winners. I´m not against technical progression, but I´m also not it´s junky.
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August 20, 2013, 10:01:43 PM
 #24

a lot of stupid ppl will preorder it.. so as long as people are willing to be ripped off we will always have some scammers around
Takeshi_Kovacs
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August 20, 2013, 11:07:40 PM
 #25

If they deliver by end of year, that 600 GH/s unit will only mine 1.1 BTC/day  Shocked

If Bitcoin difficulty continues to rise at the current rate then one of these units will mine a little more than 2BTC in the whole of January next year. The 'mine it forever' total being around 4 BTC. Then you have to pay for electricity.

That is based on the 35% rise seen last cycle multiplied every ten days taking difficulty to a little over 3 billion by the start of 2014 and then just plugging that value into a bitcoin profitability calculator.

OK, perhaps difficulty will not increase at that rate but then 'perhaps' BFL will not deliver on time and the difficulty may be even higher by the time that they start to ship these units to customers.
Cockeyed
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August 21, 2013, 05:35:44 AM
 #26

What about founding an own company for mining products? I know it´s not easy by far, but if you cucceed, you will not need any bank´s credit and be booked out for the next years... Cheesy
Phinnaeus Gage
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August 21, 2013, 07:51:37 AM
 #27

a lot of stupid ppl will preorder it.. so as long as people are willing to be ripped off we will always have some scammers around

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.

M
  A
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       S
        !
young3dvard
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August 21, 2013, 07:56:56 AM
 #28

If Bitcoin difficulty continues to rise at the current rate then one of these units will mine a little more than 2BTC in the whole of January next year. The 'mine it forever' total being around 4 BTC. Then you have to pay for electricity.

So you have to wait for 1000 USD per BTC to make ROI, not bad.
But January seems soo optimistic given their track record
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August 21, 2013, 08:10:03 AM
 #29

I sense great cocks power to ride in on emnating from here

colinistheman
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August 21, 2013, 05:34:41 PM
 #30

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.
Who is Nasser? What's this all about? And where did you hear this?
tacoman71
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August 21, 2013, 06:05:39 PM
 #31

At least they cleared out all 2012 orders for Jalapenos. Hopefully my April order comes soon Grin

Feeling generous? Like my post? Leave a tip at BTC: 1NZJ8cceqEiKDZGAJged2vNGCyfFMUEYPt
Phinnaeus Gage
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August 21, 2013, 06:29:59 PM
 #32

The best estimate to date, for the past four days, BFL added just under six million dollars to their coffer sans ANY formal announcement. But heck, they earned it, for shopping a GPU blade is hard. They almost didn't meet the Saturday morning deadline. Luckily, Nasser, the Persian in France, stayed up late and answered all he wanted to answer, avoiding the important questions, in perfect English.
Who is Nasser? What's this all about? And where did you hear this?

Please don't take my reply as dissing you, but... Seriously, if you don't know who Nasser is or have the knowhow to Google [Nasser Bitcoin], you are in a load of shit if you are a BFL customer or are planning on becoming one without doing one iota of due diligence. Do you even know who Sonny Vleisides is?
Darktongue
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August 21, 2013, 06:58:59 PM
 #33

I'm telling you this all reminds me of a stoner who gets done burning down and has a 15w lightbulb of an idea.  All talk with the only action being that of doing nothing. 
YipYip
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August 21, 2013, 09:17:49 PM
 #34

To be honest....I have used enough energy on these pplz.....

I am going to focus my own projects and leave the BFL ASIC madness....

Its just a waste of time..the only way these CONMEN will be taken down is prison...as the conman playbook always says

"There are new suckers born everyday"

L8rs  Cool

OBJECT NOT FOUND
colinistheman
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August 22, 2013, 11:40:20 AM
 #35

To be honest....I have used enough energy on these pplz.....

I am going to focus my own projects and leave the BFL ASIC madness....

Its just a waste of time..the only way these CONMEN will be taken down is prison...as the conman playbook always says

"There are new suckers born everyday"

L8rs  Cool
Smart decision. It definitely does consume a LOT of energy and time which could be directed into other positive directions, including bitcoin.
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