Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s

[tokona]

Well this now looks even worse, even BFL is offering pretty good compensation plans for their tardiness.  An extra 250% of hashing power for batch 1 customers!  Puts BA to shame.  You know your behind the times when you out BFL, BFL.

Yea bfl is totally putting BA to shame..

A $5000 monarch has gone from 600gh -> 1000gh

Where as a $4000 prospero has gone from 2000gh -> 2900gh

Jimmothy, I have not bothered you or your comments on BA this entire time.  I have seen your input as valid and have even taken to heart some of the things that you have said.  And yet you come out attacking everyone no matter what.

A prospero is ~$6,000 first of all, BA is giving their "compensation" package to everyone, not just those who paid at the very first price.  Also the $5000 monarch is going from 600 GH to 1.6 TH, please understand the full package before trying to refute.
Hopefully the 2.9 TH/s will be able to be run at a home, given the high power consumption running at that level, it will be a stretch to fit one of the X-3 boxes on a circuit.
BFL is actually giving the hardware to their customers whereas I get cloud mining that I cannot even resell when it becomes (if not already shipped as) worthless.
BFL is delaying 5 weeks, BA is delaying 8 weeks.  (I understand this may change based on companies pasts, but for now that's what we have to go on, all biases aside).  I am sure I do not have to tell you how precious 3 weeks can be in the mining world, unless you are BA and do not care about your customers interests in making a profit because all you do is manufacture mining equipment.

I don't believe that manufacture the mining equipment is so expensive that they need to sell them @ those prices? or am i wrong?
because they are only manufacturing mining equipment... and then we do not need to pay that much because we can not make enough of coins with them. correct me if im wrong

[Biomech]

Which ASIC maker isn't asking for money up front?  No money no matter.

Bitmain.

And were people parading up and down the streets with pitchfork in hand prior to release of U and S 1's?

No. They followed the smart model and only sold "in hand" units. Still do, other than occasionally a couple days lead time (or about a week for CNY). It's not the best, bleeding edge tech, but you don't wait for it.

I get the sense that the ability to raise funds off pre-order are done. The track record of being on time to market hasn't been all that successful in a market where time truly is money.

Depends on your perspective. From the perspective of the customers, with one exception that I can think of, it's been a catastrophe. It's been pretty good for the manufacturers. OPM is highly addictive.

[Unacceptable]

Which ASIC maker isn't asking for money up front?  No money no matter.

Bitmain.

And were people parading up and down the streets with pitchfork in hand prior to release of U and S 1's?

No. They followed the smart model and only sold "in hand" units. Still do, other than occasionally a couple days lead time (or about a week for CNY). It's not the best, bleeding edge tech, but you don't wait for it.

I get the sense that the ability to raise funds off pre-order are done. The track record of being on time to market hasn't been all that successful in a market where time truly is money.

Depends on your perspective. From the perspective of the customers, with one exception that I can think of, it's been a catastrophe. It's been pretty good for the manufacturers. OPM is highly addictive.

So is OPP 

http://en.wikipedia.org/wiki/O.P.P._(song)

[necro_nemesis]

Which ASIC maker isn't asking for money up front?  No money no matter.

Bitmain.

And were people parading up and down the streets with pitchfork in hand prior to release of U and S 1's?

No. They followed the smart model and only sold "in hand" units. Still do, other than occasionally a couple days lead time (or about a week for CNY). It's not the best, bleeding edge tech, but you don't wait for it.

I get the sense that the ability to raise funds off pre-order are done. The track record of being on time to market hasn't been all that successful in a market where time truly is money.

Depends on your perspective. From the perspective of the customers, with one exception that I can think of, it's been a catastrophe. It's been pretty good for the manufacturers. OPM is highly addictive.

Good for the manufacturers but an abysmal failure in most cases for customers. I'm not sure what keeps them coming back to these offers. Masochism?

[SirWizz]

That reminds me, wasn't there meant to be a PR person starting "next Tuesday"?

That seems weeks ago now.

BA can't even get the PR right about the PR person... maybe they can't even get a PR person? Who the hell would want the job anyway?

 

Precisely.

So they can't even get one PR person to show up and answer questions for weeks now but they will produce a complex miner, using a custom designed chip and board and they will deliver it on time, using the "new" schedule. Just let that sink in for a minute. My back of the napkin estimate - ladies and gentlemen, if everything else in that company runs just as well (and we have seen no proof to the contrary so far) we are screwed.

[necro_nemesis]

That reminds me, wasn't there meant to be a PR person starting "next Tuesday"?

That seems weeks ago now.

BA can't even get the PR right about the PR person... maybe they can't even get a PR person? Who the hell would want the job anyway?

 

Precisely.

So they can't even get one PR person to show up and answer questions for weeks now but they will produce a complex miner, using a custom designed chip and board and they will deliver it on time, using the "new" schedule. Just let that sink in for a minute. My back of the napkin estimate - ladies and gentlemen, if everything else in that company runs just as well (and we have seen no proof to the contrary so far) we are screwed.

I'd be looking for a publicist about now. Never let facts stand in the way of a good story.

[SirWizz]

That reminds me, wasn't there meant to be a PR person starting "next Tuesday"?

That seems weeks ago now.

BA can't even get the PR right about the PR person... maybe they can't even get a PR person? Who the hell would want the job anyway?

 

Precisely.

So they can't even get one PR person to show up and answer questions for weeks now but they will produce a complex miner, using a custom designed chip and board and they will deliver it on time, using the "new" schedule. Just let that sink in for a minute. My back of the napkin estimate - ladies and gentlemen, if everything else in that company runs just as well (and we have seen no proof to the contrary so far) we are screwed.

I'd be looking for a publicist about now. Never let facts stand in the way of a good story.

And just what are the facts? Delays, broken promises, sloppiness, lies, incompetence... perfect material for the too often seen these days story of Bitcoin mining companies.

[RHA]

Which ASIC maker isn't asking for money up front?  No money no matter.

Bitmain.

Actually not. People have to pay first to Bitmain, then the devices are sent to them. You cannot get the miner delivered and pay for it later.
I understand what you mean. The difference is they are sent immediately, so it is like buying in a shop, not like pre-ordering.
Yet one cannot tell Bitmain isn't asking for money up front.

[Biomech]

Which ASIC maker isn't asking for money up front?  No money no matter.

Bitmain.

Actually not. People have to pay first to Bitmain, then the devices are sent to them. You cannot get the miner delivered and pay for it later.
I understand what you mean. The difference is they are sent immediately, so it is like buying in a shop, not like pre-ordering.
Yet one cannot tell Bitmain isn't asking for money up front.

Nevertheless they are shipping in hand units. Yeah, you can't get them on credit, but that's ok. Nobody is going to ship one to you for free and hope you'll pay. That's just asking to be scammed.

[bobsag3]

I respectfully ask you to please tell us when the old database will be merged.

Thank you.

When im comfortable its ready to be. We have other website issues at the moment that have to be resolved first. The worst case senario is we have the old database loaded up into UPS worldship already so orders can be shipped on time.

Thanks for posting that - dont always answer all the questions here.

[necro_nemesis]

IMHO the S1 is biting on the viability of ever producing the X1 in it's current form and price. S1 price keeps dropping daily it seems.

I've said it before IMHO doubling up the number of Minions/device may be the only economical solution for offsetting the delay.

[Coinmark]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

[Vexatious]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

[bobsag3]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

[Vexatious]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Thank you, I have forwarded my refund request that was e-mailed to matt@minersource.net on February 1, 2014 to the support e-mail address above as instructed. I suppose that since I sent it to the wrong e-mail address, I go to the back of the queue? I sincerely hope not...

Cheers.

[Vexatious]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Thank you, I have forwarded my refund request that was e-mailed to matt@minersource.net on February 1, 2014 to the support e-mail address above as instructed. I suppose that since I sent it to the wrong e-mail address, I go to the back of the queue? I sincerely hope not...

Cheers.

I did indeed get my refund from Minersource. Thank you!

Here is the transaction on the blockchain for anyone interested: https://blockchain.info/tx/d6778dbab9750905179e1398b783a2ec15cd966cf8579962b7a9d3b3433a380e

[bobsag3]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Thank you, I have forwarded my refund request that was e-mailed to matt@minersource.net on February 1, 2014 to the support e-mail address above as instructed. I suppose that since I sent it to the wrong e-mail address, I go to the back of the queue? I sincerely hope not...

Cheers.

I did indeed get my refund from Minersource. Thank you!

Here is the transaction on the blockchain for anyone interested: https://blockchain.info/tx/d6778dbab9750905179e1398b783a2ec15cd966cf8579962b7a9d3b3433a380e

Not a problem. I have had so many people personally email me for refunds... if it doesnt go to support@minersource it cant be refunded.

[Ronin1]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Competition must be tough these days.  Ninja actually ships from Arizona and has them in stock.   

[TechByPC]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Competition must be tough these days.  Ninja actually ships from Arizona and has them in stock.   

This is actually pretty funny coming from a BA reseller in a BA thread. Any rate, ordering from China I can get one in 3 days to eastern US and for significantly cheaper, so I don't understand why people are trying to resell these.

[Phinnaeus Gage]

Just a quick post to give Minersource credit for issuing refund on X3.  Took a few weeks but check came in the mail and cleared.  Thanks for being legit.

Matt/Bobsag, As you continue to provide refunds, could I please have mine as requested multiple times? Thank you.

We are processing all the refunds sent to support@minersource.net.
If you submitted it- we havent forgotten, its just takes a while.

Also... we sell antminers as well... and unlike Ninja we have them in stock and not shipping form china (if hes going to jack the thread anyways)

Thank you, I have forwarded my refund request that was e-mailed to matt@minersource.net on February 1, 2014 to the support e-mail address above as instructed. I suppose that since I sent it to the wrong e-mail address, I go to the back of the queue? I sincerely hope not...

Cheers.

I did indeed get my refund from Minersource. Thank you!

Here is the transaction on the blockchain for anyone interested: https://blockchain.info/tx/d6778dbab9750905179e1398b783a2ec15cd966cf8579962b7a9d3b3433a380e

Did Matt apologize for it taking so long because he had to obfuscate where the coins been setting the entire time? Easy to prove--just work backward from this transaction. What a piece of shit!