[Announcement] Butterfly Labs

[jjiimm_64]

The word "assemble" can be misinterpreted. Soldering components to the PCB? Or putting the PCB (with all components already soldered) together with a cooler into a case? My guess is BFL's first batch will be soldered by the same place that did their FPGA boards, and BFL will put the boards together with coolers in cases in their own facility.

That's my impression too, but I think their end goal is to be able to do both, without any outside assembly at all.

The confirmation that the existing foundry would be used for the first wave of ASICs has forced me to delay upgrading the rest of my fpgas. The QC at that place is just sloppy - so chips that aren't flush.

I don't really think I'd want a rig that comes from there... hopefully they'll get fully in house before the second round... up the quality a bit.

and if you upgrade now, you can bet you'll be in the later rounds.   but please by all means dont order any more.. as a matter of fact, maybe you should cancel your current order... if you have one..

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[poon-TANG]

The word "assemble" can be misinterpreted. Soldering components to the PCB? Or putting the PCB (with all components already soldered) together with a cooler into a case? My guess is BFL's first batch will be soldered by the same place that did their FPGA boards, and BFL will put the boards together with coolers in cases in their own facility.

That's my impression too, but I think their end goal is to be able to do both, without any outside assembly at all.

The confirmation that the existing foundry would be used for the first wave of ASICs has forced me to delay upgrading the rest of my fpgas. The QC at that place is just sloppy - so chips that aren't flush.

I don't really think I'd want a rig that comes from there... hopefully they'll get fully in house before the second round... up the quality a bit.

and if you upgrade now, you can bet you'll be in the later rounds.   but please by all means dont order any more.. as a matter of fact, maybe you should cancel your current order... if you have one..

Yes please cancel your orders and don't make anymore until I get my order.....lol 

[firefop]

and if you upgrade now, you can bet you'll be in the later rounds.   but please by all means dont order any more.. as a matter of fact, maybe you should cancel your current order... if you have one..

I've just got a 3 singles being upgraded (2000 ish order numbers) --- not doing the rest until it's inhouse production. I'm planning on getting a couple of sc rigs (or maybe a lot of bASIC depending on power numbers). Even with BFLs current numbers, bASIC is still more hash/$. But there is some added cost, due to not getting power bricks with them and having to rig up a stack or mounting board.

It doesn't make sense right now to keep piling on with with pre-orders. Unless your goal is to diversify by ordering from different makers. At this point might as well wait until they're in the wild and see what actual numbers are.

[LiteBit]

It doesn't make sense right now to keep piling on with with pre-orders. Unless your goal is to diversify by ordering from different makers. At this point might as well wait until they're in the wild and see what actual numbers are.

we've been placing small orders every 45 days or so starting with the second week of pre-orders. I like this strategy because it didn't stretch us thin for 3+ months & they will come in batches and hopefully pay for each other as we slowly build our farm.  Shoot, maybe we'll even get lucky and get some of the later orders in the initial 1/3, 1/3, 1/3... But not holding our breathe.

[psilan]

That is an odd strategy.

[VeeMiner]

It doesn't make sense right now to keep piling on with with pre-orders. Unless your goal is to diversify by ordering from different makers. At this point might as well wait until they're in the wild and see what actual numbers are.

we've been placing small orders every 45 days or so starting with the second week of pre-orders. I like this strategy because it didn't stretch us thin for 3+ months & they will come in batches and hopefully pay for each other as we slowly build our farm.  Shoot, maybe we'll even get lucky and get some of the later orders in the initial 1/3, 1/3, 1/3... But not holding our breathe.

that doesn't make any sense whatsoever

[Meatball]

It doesn't make sense right now to keep piling on with with pre-orders. Unless your goal is to diversify by ordering from different makers. At this point might as well wait until they're in the wild and see what actual numbers are.

we've been placing small orders every 45 days or so starting with the second week of pre-orders. I like this strategy because it didn't stretch us thin for 3+ months & they will come in batches and hopefully pay for each other as we slowly build our farm.  Shoot, maybe we'll even get lucky and get some of the later orders in the initial 1/3, 1/3, 1/3... But not holding our breathe.

That makes no sense at all.  If you knew you were going to spend a set amount of $ you should have been in a bulk order as early as possible.  Basically you've still got the same risk capital wise, yet you've screwed yourself by not getting your mining gear up, running and generating profit as fast as possible. 

[LiteBit]

It doesn't make sense right now to keep piling on with with pre-orders. Unless your goal is to diversify by ordering from different makers. At this point might as well wait until they're in the wild and see what actual numbers are.

we've been placing small orders every 45 days or so starting with the second week of pre-orders. I like this strategy because it didn't stretch us thin for 3+ months & they will come in batches and hopefully pay for each other as we slowly build our farm.  Shoot, maybe we'll even get lucky and get some of the later orders in the initial 1/3, 1/3, 1/3... But not holding our breathe.

That makes no sense at all.  If you knew you were going to spend a set amount of $ you should have been in a bulk order as early as possible.  Basically you've still got the same risk capital wise, yet you've screwed yourself by not getting your mining gear up, running and generating profit as fast as possible. 

We bought units as we had money.  What's wrong with that?  We didn't have a set amount when we started.  We had enough to buy x amount of units so we did.  We got in when the announcement happened.  In the meantime, as we mined more we reinvested that income into more units (30-45 days typically to do this). 

Believe us, if we could have put the amount of $ we've spent on pre-orders upfront we would of.  That's just logical.  But what I'm saying is we've invested as the money came along.  No debt. No maxxed out cards hoping to recoup the cost quickly.  This is a sound approach and we stand behind it.

[SLok]

The word "assemble" can be misinterpreted. Soldering components to the PCB? Or putting the PCB (with all components already soldered) together with a cooler into a case? My guess is BFL's first batch will be soldered by the same place that did their FPGA boards, and BFL will put the boards together with coolers in cases in their own facility.

That's my impression too, but I think their end goal is to be able to do both, without any outside assembly at all.

The confirmation that the existing foundry would be used for the first wave of ASICs has forced me to delay upgrading the rest of my fpgas. The QC at that place is just sloppy - so chips that aren't flush.

I don't really think I'd want a rig that comes from there... hopefully they'll get fully in house before the second round... up the quality a bit.

But if you win the bfl signature contest (but you won't coz you still have not put the link to your profile here in your entry there) you'll have to put up with one, with lifetime warranty though.

[Meatball]

We bought units as we had money.  What's wrong with that?  We didn't have a set amount when we started.  We had enough to buy x amount of units so we did.  We got in when the announcement happened.  In the meantime, as we mined more we reinvested that income into more units (30-45 days typically to do this).  

Believe us, if we could have put the amount of $ we've spent on pre-orders upfront we would of.  That's just logical.  But what I'm saying is we've invested as the money came along.  No debt. No maxxed out cards hoping to recoup the cost quickly.  This is a sound approach and we stand behind it.

Ah...alright, that makes sense then.  Your post made it sound like you had the money already, but it was a conscious choice to buy them a little bit at a time.

[jjiimm_64]

Every time I open my email and i see a new email with the subject: "[Announcement] Butterfly Labs"  I get all excited......


patience is not one of my strong points.

[psilan]

There is no issue with what you did if you didn't have money. You just described it as a strategy.

[Badonkadonk]

Congrats and good luck with the new job josh 

all your asics are belong to me!

[sharky112065]

BFL handled my upgrade from 4 Jalapenos to a Little Single professionally and quickly, I was pleasantly surprised. I'm so glad I did not loose my place in line by upgrading.   

[jjiimm_64]

BFL handled my upgrade from 4 Jalapenos to a Little Single professionally and quickly, I was pleasantly surprised. I'm so glad I did not loose my place in line by upgrading.   

No No.. it cant be real..  everyone cancel your orders....  it must not be real

[Badonkadonk]

HEY! didnt you hear me?

all your asics are belong to me!

now hand them ovah!

[Merrick]

Finally broken down and pre-ordered a single. I don't care how late it ships, just take my money and give me shiny new hardware to play with.

[michaelmclees]

Finally broken down and pre-ordered a single. I don't care how late it ships, just take my money and give me shiny new hardware to play with.

I'd settle for ugly hardware if it could arrive sooner.  The idea that BFL customers care about cases with laser etched logos is absurd.

[SgtSpike]

Finally broken down and pre-ordered a single. I don't care how late it ships, just take my money and give me shiny new hardware to play with.

I'd settle for ugly hardware if it could arrive sooner.  The idea that BFL customers care about cases with laser etched logos is absurd.

They're waiting on chips either way, may as well make the cases fancy in the meantime.

I care.

[firefop]

The word "assemble" can be misinterpreted. Soldering components to the PCB? Or putting the PCB (with all components already soldered) together with a cooler into a case? My guess is BFL's first batch will be soldered by the same place that did their FPGA boards, and BFL will put the boards together with coolers in cases in their own facility.

That's my impression too, but I think their end goal is to be able to do both, without any outside assembly at all.

The confirmation that the existing foundry would be used for the first wave of ASICs has forced me to delay upgrading the rest of my fpgas. The QC at that place is just sloppy - so chips that aren't flush.

I don't really think I'd want a rig that comes from there... hopefully they'll get fully in house before the second round... up the quality a bit.

But if you win the bfl signature contest (but you won't coz you still have not put the link to your profile here in your entry there) you'll have to put up with one, with lifetime warranty though.

My link to profile here is in my sig there... Don't particularly care if I win I'm still going to enter and advertise for them and they can DQ me if they want - as it's their contest and their rules. Granted it would be nice to get a freebee - but I don't really need it, and it would probably be better for bfl if they gave it to a non-customer.