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Question: would you be interested in an next generation ASIC trade up program for your ModMiner Quad?
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Author Topic: High Efficiency FPGA & ASIC Bitcoin Mining Devices https://BTCFPGA.com  (Read 200815 times)
hashalfahalve
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September 05, 2012, 01:00:39 AM
 #421

I ordered and paid but when I check on your website it says there is no order or transaction history?

Edit: I just received confirmation from Tom that the order went through but Google API doesn't callback correctly.

Thanks for the response and I wish you the best of luck with your development  Smiley
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Sitarow
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September 05, 2012, 01:03:49 AM
 #422

I ordered and paid but when I check on your website it says there is no order or transaction history?

Seems like you may have ordered as a guest.

cablepair
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September 05, 2012, 01:29:21 AM
 #423

There is a bug with the google checkout API where google does not parse the information back to my web site

do not worry though your order is confirmed and your shipping queue is set, if you order and pay via google checkout you will receive order status updates in your google wallet.

Google checkout is actually meant to be a backup CC processor for those who have problems using our primary. If you want to use Credit/Debit card just select the option Credit/Debit card

these orders are processed through Stripe.com

if for some reason it fails then you can try Google Checkout as a backup, or of course you can use google checkout as your choice if that's but you want but it is the only payment gateway that does not currently fully integrate with our website

also just to note I answered a lot of emails and Pm's today if you did not get a response I will answer them tomorrow

thank you

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September 05, 2012, 02:08:36 AM
 #424

well now, this is interesting. hmm... my birthday is in December... Cheesy
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September 05, 2012, 08:19:07 AM
 #425

cablepair: can we pre-order by paying in bitcoins?
I seem to remember your site offered a Bitcoin payment option, but I don't see it anymore...


Edit: It is possible to pre-order in Bitcoins, the option only appears on one of the final checkout pages. I just pre-ordered mine, yay! I wish you the best of luck in this hw project, cablepair.

gigavps: you are wrong to not trust cablepair, just like you were wrong to invest thousands of BTC with pirateat40 Roll Eyes cablepair provided enough evidence (given my tolerance to risk -- there is always some amount of risk) that his ASIC project seems real.
muyuu
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September 05, 2012, 09:47:30 AM
 #426

We are three months away from block rewards going down to 25, with difficulty shooting up and ASICs apparently coming just before that date. This is going to get interesting.

I can't blame them for taking full preorders. Who can predict now how much are these going to be worth when they're actually shipping? Too many variables and risks.

Also, imagine that Gavin's September announcement was a change in the mining algorithm. LOL.


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juve4v
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September 05, 2012, 10:01:09 AM
 #427

I see no PayPal payment support. Do you plan to add PP ? I think some of your potential customers could use  PP .
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September 05, 2012, 11:33:35 AM
 #428

Also, imagine that Gavin's September announcement was a change in the mining algorithm. LOL.
Gavin doesn't have that power. A change in the mining algorithm would require support from the economic majority. There's not too much chance of that happening.

muyuu
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September 05, 2012, 01:04:15 PM
 #429

Also, imagine that Gavin's September announcement was a change in the mining algorithm. LOL.
Gavin doesn't have that power. A change in the mining algorithm would require support from the economic majority. There's not too much chance of that happening.

He can propose though. In the past he's always pushed his proposals successfully, with or without opposition. Only 4 or the top 5 pools required at the moment. Maybe there's plenty of FPGA mining power there though, not sure how would they adapt to a potentially new algorithm, even if still SHA based.

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Sitarow
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September 05, 2012, 01:06:02 PM
 #430

Whoa, finally, exactly what I've been waiting for! A competitor in the ASIC market! I'm so excited! 1 year warranty, open source, good price point and estimated speed. I'm glad I stayed away from that other company with their poor business practices of demanding the full price of the product months in advance of delivery with no guarantee how the finished product will perform. Now I can place an order for a bunch of these... oh. You want all my money now? For delivery in Nov/Dec? Hmm, nothing different here after all.

All sarcasm aside, can we please not make this the norm for bitcoin hardware? I could completely understand a 10-20% deposit fee to make sure your customers are serious. Requiring full payment in advance to me screams one of two things:

1) You're not confident in your ability to design a working product, so you'd rather risk customer's money than your own. I don't like other people gambling with my money.

2) You're greedy, and want to take my money now so you can sit on the interest and milk everything you can from your customers.

To be honest I don't know which of these options I find more repulsive, but I can't think of another legitimate reason to require full payment in advance. I just wish someone would get a company going that I can actually respect, so that I can get into the ASIC game. But I will quit mining before I hand my money off to someone for something that they haven't made yet. I just wish more people weren't blinded by greed, throwing money at anyone who promises them a magic money box sometime in the future.

Because of development costs I can understand the need to progress bill full payment in order to keep liquidity flowing. This way they can focus on getting the product out rather then dealing with the administration
costs (TIME) of collecting from potential customers.

Lets continue the spirit of speculation, say you pay 20% of the cost with BTC at $10 Later your ordered "product" ships however the market rate for BTC drops to lets say $6.4. That BTC you set aside to pay is not adequate to fill the order.

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September 05, 2012, 01:18:36 PM
 #431

Also, imagine that Gavin's September announcement was a change in the mining algorithm. LOL.
Gavin doesn't have that power. A change in the mining algorithm would require support from the economic majority. There's not too much chance of that happening.

He can propose though. In the past he's always pushed his proposals successfully, with or without opposition. Only 4 or the top 5 pools required at the moment. Maybe there's plenty of FPGA mining power there though, not sure how would they adapt to a potentially new algorithm, even if still SHA based.
Mining majority is not the same thing as economic majority.

muyuu
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September 05, 2012, 01:19:04 PM
 #432

Lets continue the spirit of speculation, say you pay 20% of the cost with BTC at $10 Later your ordered "product" ships however the market rate for BTC drops to lets say $6.4. That BTC you set aside to pay is not adequate to fill the order.

If he values the product in US$ and not BTC, it's his choice and risk not to cash out immediately when the preorder was made. This would only be a problem if the preorders were refundable, which would be absurd given historical inter-month volatility.

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muyuu
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September 05, 2012, 01:22:24 PM
 #433

Mining majority is not the same thing as economic majority.

Mining majority is actually harder to achieve provided you are Gavin and your client, solely under your control, is by far the most popular. Or isn't it any more? In any case he'd need at most the collaboration of 2-3 key people to achieve that.

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September 05, 2012, 01:24:52 PM
 #434

Mining majority is not the same thing as economic majority.

Mining majority is actually harder to achieve provided you are Gavin and your client, solely under your control, is by far the most popular. Or isn't it any more? In any case he'd need at most the collaboration of 2-3 key people to achieve that.
The economic majority can always choose to not upgrade. I know if Gavin did something as absurd as changing the algorithm without good justification, I'd be willing to support a fork, and I doubt I'm the only dev who would.

Edit: I highly doubt Gavin would attempt such a thing, btw.

muyuu
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September 05, 2012, 01:31:09 PM
 #435

Mining majority is not the same thing as economic majority.

Mining majority is actually harder to achieve provided you are Gavin and your client, solely under your control, is by far the most popular. Or isn't it any more? In any case he'd need at most the collaboration of 2-3 key people to achieve that.
The economic majority can always choose to not upgrade. I know if Gavin did something as absurd as changing the algorithm without good justification, I'd be willing to support a fork, and I doubt I'm the only dev who would.

Edit: I highly doubt Gavin would attempt such a thing, btw.

Obviously this is all highly hypothetical, but you do realise that a big majority of people downloading/upgrading the client simply do so blindly, right? The vast majority of the user base simply upgrade every time they remember to do so or are told to do so, and since they have no idea of the innards of the system it's for the best they generally do so.

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el_rlee
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September 05, 2012, 04:44:36 PM
 #436

As of today we are taking pre-orders for shipment in November/December
If for some reason we cannot ship on time we will certainly offer full refunds to those who request them.
qft
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September 05, 2012, 11:03:42 PM
 #437

As of today we are taking pre-orders for shipment in November/December
If for some reason we cannot ship on time we will certainly offer full refunds to those who request them.
qft

not sure what qft means but as far as my refund policy on the bASIC unit I will accept a refund at any time up until we actually start shipping them, and then only on a case by case basis. I will post this on the website terms so you dont have to qft Wink

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September 05, 2012, 11:28:56 PM
 #438

Quote
Obviously this is all highly hypothetical, but you do realise that a big majority of people downloading/upgrading the client simply do so blindly, right? The vast majority of the user base simply upgrade every time they remember to do so or are told to do so, and since they have no idea of the innards of the system it's for the best they generally do so.

But what do you think those people are going to do when they can't mine on any pools?  Just sit there?  No, they are going to scream bloody murder and/or downgrade back to a version that works.


If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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September 05, 2012, 11:51:01 PM
 #439

Quote
Obviously this is all highly hypothetical, but you do realise that a big majority of people downloading/upgrading the client simply do so blindly, right? The vast majority of the user base simply upgrade every time they remember to do so or are told to do so, and since they have no idea of the innards of the system it's for the best they generally do so.

But what do you think those people are going to do when they can't mine on any pools?  Just sit there?  No, they are going to scream bloody murder and/or downgrade back to a version that works.



miners would, sure. but non-mining users would, at best, only notice slower transaction confirmation, wouldn't they? sure, plenty would wonder why, investigate, and switch clients. others... well, wouldn't.
muyuu
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September 06, 2012, 12:03:50 AM
 #440

Quote
Obviously this is all highly hypothetical, but you do realise that a big majority of people downloading/upgrading the client simply do so blindly, right? The vast majority of the user base simply upgrade every time they remember to do so or are told to do so, and since they have no idea of the innards of the system it's for the best they generally do so.

But what do you think those people are going to do when they can't mine on any pools?  Just sit there?  No, they are going to scream bloody murder and/or downgrade back to a version that works.

Not a problem any more. The vast majority of users don't mine. Non-miners or mostly non-miners hold the lion's share of the currency base right now and this tendency is only rising.

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