Bitcoin Forum
December 04, 2016, 02:32:38 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 »  All
  Print  
Author Topic: Mini Rig announcement by Butterfly Labs - 25gh/s  (Read 32462 times)
dirtycat
Sr. Member
****
Offline Offline

Activity: 455



View Profile
May 12, 2012, 03:57:17 PM
 #161

If bitcoins completely disappeared would these machines have any resale value? I don't understand why everyone argues that they will not pay off even if it takes 2 years to break even, you still have the machine, say it is worth $5k after two years thats a 16% return. I may not completely understand the risks but sounds solid to me.

We would like to let all our clients know that, in case of Bitcoin failure, we will make all our units OpenSource,
and thus making it possible for the clients to sell their units to various industries at almost certainly higher price
than they purchased it in the first place.


Regards,
BF Labs Inc.

Why would these "various industries" buy our molested units at a higher price when you could sell them "new" units cheaper and keep making money?

Keep on dreaming. Nobody will buy your used BFLs :

https://bitcointalk.org/index.php?topic=79825.0

Hint : nobody wants these chips new in the first place !

thats what I getting at in a slow turtle pace.. jeez man you ruin everything!!! lol

poop!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480861958
Hero Member
*
Offline Offline

Posts: 1480861958

View Profile Personal Message (Offline)

Ignore
1480861958
Reply with quote  #2

1480861958
Report to moderator
1480861958
Hero Member
*
Offline Offline

Posts: 1480861958

View Profile Personal Message (Offline)

Ignore
1480861958
Reply with quote  #2

1480861958
Report to moderator
1480861958
Hero Member
*
Offline Offline

Posts: 1480861958

View Profile Personal Message (Offline)

Ignore
1480861958
Reply with quote  #2

1480861958
Report to moderator
rjk
Sr. Member
****
Offline Offline

Activity: 420


1ngldh


View Profile
May 12, 2012, 04:09:10 PM
 #162

If bitcoins completely disappeared would these machines have any resale value? I don't understand why everyone argues that they will not pay off even if it takes 2 years to break even, you still have the machine, say it is worth $5k after two years thats a 16% return. I may not completely understand the risks but sounds solid to me.

We would like to let all our clients know that, in case of Bitcoin failure, we will make all our units OpenSource,
and thus making it possible for the clients to sell their units to various industries at almost certainly higher price
than they purchased it in the first place.


Regards,
BF Labs Inc.

Lol I knew this would be the first question to come up. Anyway the fact that they are willing to open source it and we know now the chip is an FPGA are both very good news.

Also it is more likely the hashing power of the Single or Mini-rig will not be profitable long before Bitcoin goes down, remember you used to be able to mine with "KILOhashes"
Why are you looking a gift horse in the mouth? You have less faith in Bitcoin surviving than BFL does! And if you think Bitcoin is going to collapse any time soon, why don't you go make it happen, so you can get your beloved SDK?

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
ice_chill
Sr. Member
****
Offline Offline

Activity: 336


View Profile
May 12, 2012, 05:08:07 PM
 #163

I don't think Bitcoin will collapse, I have ordered a Single and a Mini-Rig. What I think is the current BFL hardware will be long outdated before anything happens to Bitcoin (if anything ever does happen) so worrying "what if Bitcoin collapses" is pointless.
jddebug
Sr. Member
****
Online Online

Activity: 420



View Profile
May 12, 2012, 06:04:39 PM
 #164

I don't think Bitcoin will collapse, I have ordered a Single and a Mini-Rig. What I think is the current BFL hardware will be long outdated before anything happens to Bitcoin (if anything ever does happen) so worrying "what if Bitcoin collapses" is pointless.

There have been many complaints that the BFL hardware will be a very expensive paperweight if bitcoin goes bust. Seems to me that BFL was addressing that concern. Although I have NO idea what else they could be used for, I at least have the comfort of knowing now that I will have access to the information needed to retask it should bitcoin fail and something else present itself.
ice_chill
Sr. Member
****
Offline Offline

Activity: 336


View Profile
May 12, 2012, 06:12:52 PM
 #165

With the number of Singles and Mini-Rigs being sold I wouldn't be surprised if some company releases paid software to use on them.
bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
May 12, 2012, 07:27:21 PM
 #166

With the number of Singles and Mini-Rigs being sold I wouldn't be surprised if some company releases paid software to use on them.

Will it be able to mine MicroCash once bitcoin collapses Huh

 Cheesy
dropt
Legendary
*
Offline Offline

Activity: 1442



View Profile
May 17, 2012, 01:41:53 AM
 #167

With the number of Singles and Mini-Rigs being sold I wouldn't be surprised if some company releases paid software to use on them.

Will it be able to mine MicroCash once bitcoin collapses Huh

 Cheesy

Legitimate question:  Do you know what an FPGA is?  Like, could you describe it and understand what it is you're talking about?
ice_chill
Sr. Member
****
Offline Offline

Activity: 336


View Profile
May 17, 2012, 02:02:44 AM
 #168

With the number of Singles and Mini-Rigs being sold I wouldn't be surprised if some company releases paid software to use on them.

Will it be able to mine MicroCash once bitcoin collapses Huh

 Cheesy

Legitimate question:  Do you know what an FPGA is?  Like, could you describe it and understand what it is you're talking about?

Yes.
dropt
Legendary
*
Offline Offline

Activity: 1442



View Profile
May 17, 2012, 04:00:00 AM
 #169

Yes.

Sorry, I should have removed your quote as I meant to direct it to Bulanula.
bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
May 17, 2012, 10:41:32 AM
 #170

Yes.

Sorry, I should have removed your quote as I meant to direct it to Bulanula.

If they don't provide a bitstream for MicroCash then you won't be able to mine them smartass !

Also, good luck mining things like scrypt on these crappy FPGAs Cheesy

If FPGA is so great then why nobody use it to mine LTC yet Huh
ice_chill
Sr. Member
****
Offline Offline

Activity: 336


View Profile
May 17, 2012, 11:07:25 AM
 #171

Yes.

Sorry, I should have removed your quote as I meant to direct it to Bulanula.

If they don't provide a bitstream for MicroCash then you won't be able to mine them smartass !

Also, good luck mining things like scrypt on these crappy FPGAs Cheesy

If FPGA is so great then why nobody use it to mine LTC yet Huh

Because it's more profitable to mine Bitcoin and use it to buy LTC due to price difference  Grin
bulanula
Hero Member
*****
Offline Offline

Activity: 518



View Profile
May 17, 2012, 11:09:04 AM
 #172

Yes.

Sorry, I should have removed your quote as I meant to direct it to Bulanula.

If they don't provide a bitstream for MicroCash then you won't be able to mine them smartass !

Also, good luck mining things like scrypt on these crappy FPGAs Cheesy

If FPGA is so great then why nobody use it to mine LTC yet Huh

Because it's more profitable to mine Bitcoin and use it to buy LTC due to price difference  Grin

True but can it technically be done because I understand scrypt algo needs like 1024KB L1 cache memory or something which only CPU has ...
bombo999
Member
**
Offline Offline

Activity: 107


View Profile
May 17, 2012, 02:55:11 PM
 #173

Has anyone received any progress updates from bfl on their development of the mini-rig or any updates on anticipated delivery dates?
JWU42
Legendary
*
Offline Offline

Activity: 1484


View Profile
May 17, 2012, 03:08:20 PM
 #174

I think gigavps is at the very front of the list (as is Inaba I _think_)

gigavps has said publicly late May...

GPG PubKey | THREEMA | OTC | HeatWare | 1JWU42QLGFESoQCC4iPzUDTRiC9nx5bi95
ice_chill
Sr. Member
****
Offline Offline

Activity: 336


View Profile
May 17, 2012, 07:14:30 PM
 #175

Yes, if BFL could give us weekly updates on the progress, then it would put everyone's mind at rest and eliminate guessing and worrying as to what they are doing (everyone meaning those who ordered).
BFL
Full Member
***
Offline Offline

Activity: 217



View Profile WWW
May 17, 2012, 09:27:35 PM
 #176

Here's a quick photo update for you...

This is one of the modular Mini Rig processor cards.  It's a 1.5 GH/s unit which operates at a board temperature of 36C with a 22C ambient.  


http://www.butterflylabs.com/production-update/

Butterfly Labs  -  www.butterflylabs.com  -  Bitcoin Mining Hardware
rjk
Sr. Member
****
Offline Offline

Activity: 420


1ngldh


View Profile
May 17, 2012, 09:31:20 PM
 #177

Here's a quick photo update for you...

This is the Mini Rig processor card.  It's a 1.5 GH/s unit which operates at a board temperature of 36C with a 22C ambient.  

http://www.butterflylabs.com/wp-content/uploads/2012/05/MR-BF2_burn.png
http://www.butterflylabs.com/production-update/
That SATA port looks interesting.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
Hpman
Full Member
***
Offline Offline

Activity: 176



View Profile
May 17, 2012, 09:35:45 PM
 #178

That SATA port looks interesting.
Maybe a Highspeed differential link between the boards for future use ?? Sata connectors and cables are cheap.
Inspector 2211
Sr. Member
****
Offline Offline

Activity: 383



View Profile
May 17, 2012, 09:36:08 PM
 #179

Here's a quick photo update for you...

This is the Mini Rig processor card.  It's a 1.5 GH/s unit which operates at a board temperature of 36C with a 22C ambient.  

http://www.butterflylabs.com/wp-content/uploads/2012/05/MR-BF2_burn.png
http://www.butterflylabs.com/production-update/
That SATA port looks interesting.

I was about to post the same thing, but it's labeled "X-LINK" and since a SATA port doesn't make sense (the bandwidth is not that high and the mini rig will have a Raspberry Pi as a controller, not a a PC motherboard with 18 SATA ports), I assume that they just re-purposed the SATA connector and SATA cables for something else. The question is: For what?
rjk
Sr. Member
****
Offline Offline

Activity: 420


1ngldh


View Profile
May 17, 2012, 09:41:26 PM
 #180

The question is: For what?
Yes, because I don't see a second one that I would assume would exist when used in a daisy chain fashion.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
Pages: « 1 2 3 4 5 6 7 8 [9] 10 11 12 13 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!