Topic: 1GH/s, 20w, $700 (was $500) — Butterflylabs, is it for real? (Part 2) - page 42. (Read 146936 times)

Because it takes time to get components sent from over seas and assembled.  Perhaps you're not familiar with the concept of NON mass produced items.  


So why would you put stock on shelves if you don't know what actual demand is going to be?  That would be incredibly stupid from a business standpoint.  I would keep barely enough stock to ship a couple units and order the rest as required until I were comfortable with what demand is for the long term.  It would be ignorant in the extreme to order 1000 units and then have 700 of them sitting around gathering dust.


Why?  Why not?  Why be indebted to someone else?


I don't know what they are doing... but from my considerable experience, I've already outlined what I would be doing were I in their shoes.

What's the matter, stud?  Did I piss you off?  Did your little brain overload?  Glad you like my avatar, it looks good on you.  At least you know what it feels like to not look like a douche.  Enjoy it!  Sorry about letting your secrets out, but it happens and I am really sorry if I hurt your feelings, little man.  Your fragile ego is hard to dance around.

Quite revealing ! Thank you very much !

I emailed them on Dec 16th about the rig box and got these replies same day:

LOL. Love those black holes!

Well originally they were going to ship Nov. 1 but who's counting.  

Maybe BFL is approaching an event horizon and we are witnessing a time dialation effect.  Relative to the BFL single being crushed by a singularity they are still on track but to us outsides it takes an exponentially increasing amount of time.

they're using valve time.

No, the pre-orders are shipping this month.

Sorry if your opinion isnt fact. Just because you think its not logical , doesnt make it so. Who gives a shiet what you "hoped". Do you care if i "hoped" you're retard?

I troll this thread because of pos like you who thinks their opinion is end of all. I dont support such business tactics of BFL's. You can go fuck yourself.

Weren't the singles supposed to ship by Jan 1?  It is supposed to be another 4-6 weeks?

You can't control it, you just read what's in front of you whether you want to or not? Go fuck yourself Simon.

If you want to go back 120 pages or so, I was on there saying I would give the benefit of the doubt to BFL. That was before a four month delay and a series of lies and deceptions.

Thank you for this Epoch. I have now realized that BFL is not an option for people like me with tons of electricity and space !

While I have him on ignore, I can still unfortunately see his crap in everyone's quotes.   Please just stop responding to him and I'm sure he'll slink off to annoy something else when he stops getting attention.

I will try and present it in simpler blocks for you:

Why is the lead on devices ordered today the same as when they hadn't even been designed or built?

Why isn't the money they have collected enough to put stock on their shelves, so to speak? Generally, profit taking doesn't begin in a business until the business becomes profitable. So why aren't their margins on the 'singles' already preordered put back into procuring more units, thus reducing lead time?

If the money isn't enough, why haven't they sought capital elsewhere? VC funds fly around all day, for far stupider plans than this. The fact that they still don't have machines leads me to believe they haven't successfully sought it out.


Yes, the aforementioned questions that remain unanswered lead me to believe it is unreasonable to still have a 4-6 week (that could turn to 4 months without explanation, apparently) lead time. You are telling me that they are building these as orders come in? Not in batches? Seriously?


In summation, THIS PRODUCT STILL DOES NOT EXIST.

Thanks for answering.  So, in a nutshell, your chain of logic is completely non-existent and meanders all over the place, breaking down like a Ford fresh off the showroom floor.  That's kind of what I thought, but I had hoped that maybe you had some sort of logical consistence to your constant haranguing, but my hopes have been dashed, sadly.

The rig box does not have an ETA. The Singles are 4-6 weeks from time of order; the rig box has no such wording on their order page.

Heh, I'll bet that if anyone actually purchased the Rig Box, they would drop EVERYTHING, including the singles, to do whatever they were/are planning to do with it. (Make something, abscond, buy a car, etc)

Yes. I think it is unreasonable. It is the way they got into this predicament where they cannot deliver on-spec or on-time.

They took people's money -based upon lies- as capital to build a product (that doesn't exist as of yet) and even with their irresponsible preorders, couldn't finance their endeavor? They are still accepting pre-orders, now for a $25k vapor-box as well. You're telling me they can't find a venture capitalist to kick them a few hundred grand to deliver their products on time? They don't have enough collateral to secure a bank loan?

How can the lead time be the same for a completely undesigned and untested device be the same as one that is already on the production line and due to hit the shelves in a week?

I wouldn't use so dramatic a term for it but, for some people, yes. The BFL product is most advantageous for those with high electricity costs and/or logistical issues with GPU mining side-effects. After all, any efficient GPU has 2x the hashrate/$ ratio as the BFL (5970: $300@800Mhash. BFL: $600@800Mhash. Replace '5970' with 5870, or 5850 or 5830, and the same ratio applies).

You can find used/refurb 5830's for $75 now and they will get ~275Mhash; that's almost a 3x better Mhash/$ ratio than BFL. Yes, I realize that over the longer term (the exact length of that term will be different for everyone) the lower electricity costs of the FPGA will overtake the initial cost savings of the GPU ... but I'm putting that aside for now.

In my case my GPUs run in my home; I've reached the point where I cannot add any more mining capacity without compromising comfort (heat, noise). These BFL boxes will (a) let me add a bit more capacity; and/or (b) replace some GPU capacity with FPGA.

If I had the option of running my GPU rigs outside my living spaces, I'd pick up more cheap GPUs, not BFL Singles, simply because of (a) the lower up-front capital outlay for GPUs; (b) the expected higher resale value of GPUs; (c) the better warranty of GPUs; and (d) my low electrical rate.

Everyone should run their own 'cost/benefit' analysis before deciding what is best for them. I'm sure the BFL boxes will be popular with many people, but they won't be for everyone. Once I see they are shipping and have read some positive reviews, I will buy up one or two myself just to see how well they would work for me.

YMMV.

I agree with this. That's why I have purchased said game changing device.


I think you would agree that to come into a thread like this and start defending yourself is like swimming with sharks while you are bleeding from every limb. It showed that they cared to even come and chat with us rather than let the speculation run wild. Have their been mistakes, missteps? Sure their have. I make mistakes everyday. Have they tried to make things right by offering refunds past the 45 day paypal protection guarantee and to lower the device price until the appropriate Mh/s is reached? Yes and yes.

I think their actions to make things right prove their worthiness for my business. I feel it is unfortunate you do not feel the same way.