["WAIT LIST"] BFL Mini-Rig Order Date/Ship Date

[jamesg]

If anyone would like to sell their FPGA mini rig order -> https://bitcointalk.org/index.php?topic=92917.0

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[tytus]

"If you would like to get out of your position in a BFL mini rig, I will buy up to FOUR mini rigs at the full purchase price." This offer is not very convincing :-) I would probably by more if I don't have to wait for the shipment. The mini rig generates an income = mini rig cost in ca. 6-8 months ? So If I don't have to wait for the shipment 4 months it is worth 50% of the mini rig price :-)

[jamesg]

"If you would like to get out of your position in a BFL mini rig, I will buy up to FOUR mini rigs at the full purchase price." This offer is not very convincing :-) I would probably by more if I don't have to wait for the shipment. The mini rig generates an income = mini rig cost in ca. 6-8 months ? So If I don't have to wait for the shipment 4 months it is worth 50% of the mini rig price :-)

Hi tytus,

BFL is coming out with an ASIC product and if you don't double down (trade in your FPGA mini rig and drop another $15k), your 25Gh 50lb box will be good for, well, to prop open doors with. Their stated delivery date is late October which means if they deliver even a month late, or 6-8 month payback timeframe is longer than when the difficulty will double or triple and the block rewards halves.

My offer is meant to help those who do not have the ability to drop another 15k to upgrade to ASIC or otherwise would like to recoup their investment before ASIC arrives.

Best regards,
gigavps

https://bitcointalk.org/index.php?topic=87934.0

[tytus]

The BFL trade-in offer expires in 1Q 2013, so You are unlikely to buy mini rigs with Your offer before ASIC is available.
I don't believe in the October deadline that much ... but the problem is that BFL did not reply yet to my question how the SC queue is handled.
The only fair way to handle the SC queue is by taking into account not the mini rig delivery or order date but the date of payment for the SC purchase / upgrade.
=> So there is no point to buy / sell  mini rigs now from the point of view of the SC queue.

If You want the SC version fast You should pre-order the SC version now ! You will pay exactly the same amount :-)
Offers like Yours only contribute to the suspicion that the October deadline is unlikely :-)

So my offer is better. I would buy a mini rig for at least 25% premium :-)

[ice_chill]

I don't think people who ordered $15k equipment are dumb enough to fall for this "I will buy your queue". BFL has stated that before the MiniRig ships, the customer will be contacted and offered to exchange the MiniRig funds for SC Singles of equivalent value, so anyone selling the FPGA MiniRig queue is then forced to place a new order for the SC Singles which means he goes right to the back of the queue.
And with SC singles worth $15000 coming close to 400GH/s, queue here is worth more than the FPGA MiniRig will produce from now until October.

So people, don't fall for this "I will buy your queue scam"

[rjk]

I don't think people who ordered $15k equipment are dumb enough to fall for this "I will buy your queue". BFL has stated that before the MiniRig ships, the customer will be contacted and offered to exchange the MiniRig funds for SC Singles of equivalent value, so anyone selling the FPGA MiniRig queue is then forced to place a new order for the SC Singles which means he goes right to the back of the queue.
And with SC singles worth $15000 coming close to 400GH/s, queue here is worth more than the FPGA MiniRig will produce from now until October.

So people, don't fall for this "I will buy your queue scam"

Why is it a scam? Potentially, only the buyer loses out, but it all depends on when SC actually ships.

[ice_chill]

It is the SCAM because the sooner in the queue you receive the ASIC the more money you make. Buy selling your queue you miss that opportunity.

[Cablez]

But that is assuming on top of assuming on top of more assuming....

This whole situation smells like my daughters diapers. The sheer number of future variables means you really cannot possibly accurately figure out what is going to happen in 3-4 months time.

And that means that there will be losers in the big gamble.

[rjk]

It is the SCAM because the sooner in the queue you receive the ASIC the more money you make. Buy selling your queue you miss that opportunity.

Why would someone trading in a non-SC rig get a higher place in the queue than someone who pays outright? They would be at the end, same as with a new order.
He's buying queue places for NON-SC rigs.

[JWU42]

The SC release is supposed to happen once there is an actual inventory built of all products.  I suspect this to be well into November and maybe December...

It seems BFL does appreciate that shipping these as they are built (namely Mini Rig SC) would grossly favor certain individuals so they need to release once some amount (lord knows what that amount is) is in inventory.

[ice_chill]

Didn't BFL mention, i.e if they make 100SC ready to ship:

1/3 will go to fill new orders queue
1/3 will go to fill FPGA-ASIC exchange orders queue
1/3 will go to fill exchange queue, for people who pre-ordered FPGA but never took delivery

As you see there actually 3 queues.

Thus if you refuse the delivery of MiniRig FPGA and transfer the funds to ASIC, you are much higher up the queue then if you sell the queue and place a fresh order.

[tytus]

Is there any official statement of BFL on the queue ? I could not find anything.

I don't worry about the position in the queue. When ASICs arrive the mining situation will be unpredictable anyway. I can jump in later :-)
I will use the time until then and enjoy the noise of the already almost obsolete mini rig :-)

[ice_chill]

Not exactly as I described, but almost:


1/3rd of the units will go in order priority of purchase date.
1/3rd of the units will go to trade in customers.
1/3rd of the units will go to random orders placed in the first month (6/23 - 7/23).

Both priority customers and trade in customers may benefit from random selection prior to their natural shipping order.

[tytus]

https://bitcointalk.org/index.php?topic=89523.0 ... ok, so it is still a good strategy to get into the second queue and become a trade-in customer by ordering more (almost obsolete) equipment :-)

[BlackPrapor]

I can confirm that my 2 rigs are online

[jddebug]

Got Mine too.

[fuxianhui888]

seems like they are speeding up,

anybody want sell their mini rig?
I can offer $16000

[tarrant_01]

I can confirm that my 2 rigs are online

Got Mine too.

More info please so I can update the list.

[BlackPrapor]

I can confirm that my 2 rigs are online

Got Mine too.

More info please so I can update the list.

Ordered: 4/21/2012
Quantity: 2
Received: 7/22/2012
Exactly 12 weeks have passed.

[tytus]

How do they perform ?