Topic: 1GH/s, 20w, $500 — Butterflylabs, is it a scam? - page 58. (Read 123109 times)

If it's a scam, it's a half-competent one unlike last time. This lot have actually got some fairly plausible bare PCB photos. The 1.1V supply is a tad unusual though; most FPGAs seem to want 1.0V or 1.2V... might narrow things down a bit. (Also, the existing FPGA designs are almost certainly sub-optimal; Spartan-6 is actually a fairly bad fit for mining, it just happens to be what can be purchased most cheaply in small quantities.)

Not sure how you ascertain burden of proof (presence or lack of it) from "how about them apples"...
if you read through all the posts, you would have seen what the ultimate proof is for BF.

  That would certainly be more in-line with the price point.  

  It would be a huge bummer though. I mean, cool someone came up with an enclosure, prefabbed PCB, etc, but without some new cutting edge chip it would be useless to aynone that was not capable of fabbing their own PCB anyway. In which case, just sell us some cheap enclosures and psu for fpga boards, that would be ok. ;p

  Imma keep my fingers crossed that the text you read is just a verbage issue and after verifying their identities we can get on to some juicey asic info....    It's like waiting for the release of a movie that is described as so fuggin awesome but with which you have not seen any previews to...

   I can't disagree with that at all. But, the board itself looks very real to me. It means nothing in and of itself, and I would trust you and I are not the only ones here intelligent enough to not 'buy-in' just from a posting of a PCB board.....

   Cheers

Fascinating thread

I just noticed this:

Product includes: Fully assembled unit with Enclosure, PCB, USB Cable, PSU & driver software (including Bitcoin block mining application).

It doesnt mention the FPGA('s) or other ASICs.  One would think "fully assembled" means just that, but then why mention PCB seperately?
If this is only the bare board and PSU, that would go a long way explaining the price.

I think people misunderstood my reference to the PCB.

There are PCB prototype shops in the US.  You submit a design (doesn't matter if it works on not) and they will get you a 4 layer prototype board for $70.  Usually these are ugly puke yellow color because they are only intended for research and testing.  Still it wouldn't be hard to have a prototype company provide you a one off production board completely with "cool" blue color and silk screening for <$200.

So a non-functional board without any components that has some traces and the company's name on it really means very little.

Yea, same can see IO7 and ground very cleary, +5v appears to be connecting directly below and I cannot make out where tx and rx are coming from exactly.. >.<
  But thats the least of my concerns. The PCB that is. As obviously we have more than enough knowledgeable people like RPH who would notice something amiss with PCB immediately. But, unlike existing FPGA designs this one will have some custom chips that may prove difficult to verify without them being willing to release the actual schematics of such to the engineers among us.

  I can definitely agree with RPH's question on cost. "Why so cheap?"  I mean, if they fabbed a chip from scrath!? holy moly costs......


  Most definetly am so anxious to hear more about those.

  I do trust however due to the hard to verify nature of such things they will humbly answer such questions of the personal nature first? imho..

I can see two clearly. And another two, though not so visible, apparently go to the vias above (or below?)


Butterflylabs, can you tell us more about the chips. What architecture are they? Your own design?

Agreed. Scam unless/until multiple reputable developers confirm it.

There's only 1 trace coming out of the mini-USB connector.
How does that work exactly? Magnetic field cross-transductance?

Why would you price this so aggressively against existing FPGA and GPU miners
when you could just sell it for, say, 20% less?

etc.

-rph

That is all it takes to convince you?  A post which explained nothing and a photo of a PCB with all the components including the "magic uber ASICS" missing?  I mean it is not impossible possible but Occam's Razor?

http://en.wikipedia.org/wiki/Occam's_razor

I hope you don't get burned.  

I too would like to see some accountability concerning Butterfly Labs. I would like the names of the people behind it and official online documentation concerning the company.

There is no reason not to provide such information, and until said verifiable information is provided, I would not recommend anyone to pre-order any units.

  Why, because that could potentially be another, honest, hopefully Republican,(kidding, I love all people equally except those damn robot nazi cyborg hooker alien abductees) human being on the other end.... My embarrasment is more so just for the degredation in my posting, pointing more and more to scam, adding to the crowd voice. Something I generally try to stear away from, unless I just strongly feel the same way.

  I am certainly not ready to call it 'legit' by any stretch though, and as was obviously pointed out by wormbug; Buying a product that does not even exist yet is just foolish.



  All that aside, that friggin board they posted looked pretty damn real to me...  Granted it could just be another version by another entity that is very similar to other dual chip FPGA that have been created by users here.  I am, at the least, curious to see what more they have to say. And am certainly interested in atleast keeping an open mind if they answer my questions and then move on to more technical ones from there about their chip design, etc...

Edited; to fix my usual shit typing...

Why? Their post does not provide us any info regarding the doubts being posted here. Come on man....

It's a scam. Of course the scammer is going to try to convince you wait a little longer because it's "not finished yet". If sentiment turns against them they face a slew of chargebacks and the risk of investigation. This product will be "coming soon" and "undergoing final optimization" until the day they disappear with your money.

If this product is real we'll find out in a couple of months. Sending them money now is just plain foolish.

 

Well. *embarrased face?* Certainly not the response I was expecting. Legit or not very professional of you to come to us so humbly after all the doubt. I am sure, being familiar with the sha256 functions you can see where some of the more technical concerns are of such a claim..

  I do have a few questions;

  1. Where can we read more on your company outside of the website? I.e Articles of Incorporation, patents, etc etc?

  2. Does your company presently or has your company previously filled DoD/Nist or other governement agency contracts, either directly or indirectly by supplying in whole or in part any components?

  3. Where did your engineers graduate from? Without giving us maps to your homes, it would be nice to know a bit more about the personal side of the minds that make up such a team.

  4. Where do you chip fab at? As your website address is to some apartment(quoting) complex?

  5. I am still unclear on your choice of enclosure. I can understand some company excitement and wanting to show something, but the end dimensions of said boards would be what, LxH? and I assume depth to be determined later after cooling requirements are better calculated? Just seems the raid enclosure would be odd. *shrug* Though a similar one, without the ends on the inside racks would be nice for airflow in a vertical posistion.

  6. Why Bitcoin?

  7.  Why now?

  8. How long has your company been following the project?

  9  And, last but not least; Is this purely a business venture where you are certain to be profitable or is there some deeper sentiment towards Bitcoin?

  10. Sorry, one last one;  Are you or any of your employees, associates, etc The Satoshi Nakamoto?

 

Hi Canary I, you placed your order?  Expected delivery and testing?

from their website

I would like to be another Canary, how do I go about ordering one piece?  Is it possible if i pay half first once it is ok I pay another half? 

Indeed. The plot has thickened...

Hmmmm... How about them apples?