[Announcement] Butterfly Labs

[LazyOtto]

You need to watch which account you're posting with.

[Michail1]

You need to watch which account you're posting with.

Why?  We all know it is the same person. 

[LazyOtto]

No. But you have stated that you will keep the personas discrete.

If not, there is no longer a difference between BFL and EclipseMC in your statements.

[jjiimm_64]

No. But you have stated that you will keep the personas discrete.

If not, there is no longer a difference between BFL and EclipseMC in your statements.

I would have to agree with this.

When i see 'anaba' i think miner, pool operator, eclipsmc

when i see bfl_josh i think  bfl employee

[BFL_Josh]

Probably, but there are competitive issues that outweigh that at the moment.

[LazyOtto]

<ahh> (a sound of satisfaction)

The Memory Hole is such a useful device. 

[btharper]

Probably, but there are competitive issues that outweigh that at the moment.

For the sake of clarity. A pool operator working at the one place currently developing ASICs. And it would certainly be unfair to let his pool suddenly have a huge advantage by switching to ASICs first.

[Michail1]

For the sake of clarity. A pool operator working at the one place currently developing ASICs. And it would certainly be unfair to let his pool suddenly have a huge advantage by switching to ASICs first.

Well, there is no way of knowing.  BFL could simply open up there own pool as well (and/or probably has one (for testing rigs - heh)).

Same happens in real life anyway.  Are we to fault people that own two different companies that can work together?  If anything, I am jealous.

[btharper]

For the sake of clarity. A pool operator working at the one place currently developing ASICs. And it would certainly be unfair to let his pool suddenly have a huge advantage by switching to ASICs first.

Well, there is no way of knowing.  BFL could simply open up there own pool as well (and/or probably has one (for testing rigs - heh)).

Same happens in real life anyway.  Are we to fault people that own two different companies that can work together?  If anything, I am jealous.

As much as anyone he was an industry expert, mining is what he was working on before he worked with BFL. He was also involved with the community so I expect that BFL were hoping to buy a little goodwill as well, or at least some insight. He also said he worked next door previously. So from everything I know it sounds like a great fit, and that it should be working well for all parties involved. I can't fault anyone for that.

I just felt like giving him a hard time 

[BlackPrapor]

Probably, but there are competitive issues that outweigh that at the moment.

For the sake of clarity. A pool operator working at the one place currently developing ASICs. And it would certainly be unfair to let his pool suddenly have a huge advantage by switching to ASICs first.

I think its not up to them which pool people choose to mine at. All they can do is to arrange the best place to mine at, so their customers choose to mine at EMC. Its sounds more like choosing between republicans and democrats - you're not really making any real choice there =), but it can come to that point. Nowdays, obvious manipulation works only in 3rd world countries, and coutries that think they're not 3rd world (ex. Russia, Belorussia) =)...but I'm getting off topic here, sorry...its always up to you to decide what I'm saying

[ice_chill]

All pools should create 2 servers with varied difficulty, one for FPGA/GPU miners and one for high powered ASIC miners.
And then just adjust share prices accordingly.

[Sitarow]

All pools should create 2 servers with varied difficulty, one for FPGA/GPU miners and one for high powered ASIC miners.
And then just adjust share prices accordingly.

If the intent is to make FPGA/GPU and ASIC get = BTC maybe base it on per kWh * investment / GH/sec

Sounds great

However private pools are not that hard to set up..

[Gabi]

Just use p2pool, pool problem solved

[WhitePhantom]

Just use p2pool, pool problem solved

So far, there's little incentive to use BFL gear on p2pool.  That's why I haven't even taken a moment to look into the advantages I've heard about with p2pool.  I'll mine where I get the most out of my equipment.

[crazyates]

Just use p2pool, pool problem solved

So far, there's little incentive to use BFL gear on p2pool.  That's why I haven't even taken a moment to look into the advantages I've heard about with p2pool.  I'll mine where I get the most out of my equipment.

It's my impression from this comment by kano, and the fact that p2pool is designed to find blocks (and thus receive a LP) every 10 seconds, that BFL equipment would be horrible for p2pool. You're talking about a 20-25% reject rate, guaranteed.

[LazyOtto]

Well, it's not gonna find a block every 10 seconds.

But, yes, the BFL singles do not work well on p2pool.

Don't know about the mini-rigs as I'm too poor to contemplate having one of those.

[crazyates]

Well, it's not gonna find a block every 10 seconds.

But, yes, the BFL singles do not work well on p2pool.

Don't know about the mini-rigs as I'm too poor to contemplate having one of those.

https://en.bitcoin.it/wiki/P2Pool

P2Pool creates a new block chain in which the difficulty is adjusted so a new block is found every 10 seconds.

P2pool will solve a new p2pool block every 10 seconds, and send out a LP. Singles lose an average of ~2.5 seconds per LP.

[LazyOtto]

P2pool will solve a new p2pool block every 10 seconds

"a new p2pool block"

A significant modifier. Just so long as we acknowledge that this is not a bitcoin block. Which pays 50+ BTC. And happens about every 10 minutes.

[Mobius]

BFL_Josh:

After reading https://bitcointalk.org/index.php?topic=105494.msg1155021#msg1155021
Will the new BFL hardware have chip sockets if/and/or when they need to be upgraded, due to a change in the bitcoin algorithm ?

If not, what is the plan for those of us who have purchased the SC generation and are left with useless hardware?

[Cablez]

^^^  This is a really good thought.  Having replaceable chips would at least provide a modicum of protection against any unforeseen changes in the protocol later on.  Also, shipping would be so much simpler for BFL as well without having to produce another device, just send out the chips.