At least one ASIC-based Butterfly Labs product will demonstrate 350 Mhash/Joule or more, at stock frequency/voltage, at room temperature, for a sustained period of time of at least 60 minutes, with appropriate current-measuring equipment on the device's power input(s). Power consumption shall be measured by adding up current from all the device's DC inputs (12V jack, USB cable, etc.) It will not be measured "at the wall". The purpose of this bet is to avoid wildly varying efficiencies of power adapters and computer hosts. This bet applies to all ASIC-based products that Butterfly Labs will deliver to the general public. This includes the "SuperComputer" family (Jalapeno, Single SC, Mini Rig SC), as well as possibly any unannounced product that the company will be shipping by June 30, 2013.
This statement is true if, for example, the Single SC achieves 40 Ghash/s at 114 Watt or less (40000/114 = 351 Mhash/Joule) as measured with a clamp meter on its 12V DC input and 5V (USB) input.
This statement is false if all Butterfly Labs products fail to achieve 350 Mhash/Joule, or if Butterfly Labs fails to deliver any product at all.
mrb: agrees with the above statement.
Micon: disagrees with the statement.
We would each send the same amount of coins to a trusted third-party escrow. The winner takes all.
Micon:
- you said you would bet at least 10 coins. But can we raise the stakes? 100 BTC? 250 BTC? 1000 BTC?
- a list of escrows we could trust: https://bitcointalksearch.org/topic/escrow-list-108716 - I have personally escrowed hardware sales with Graet in the past (operator of ozcoin) - I would also personally trust nanotube who escrowed a 10000 BTC bet in the past
- I suggest we tip the escrow operator with a fee of 1% (taken out of the total amount escrowed) or 1 BTC (whichever is higher)
1) we are going to have to work on the statement we are betting on. Something like "BFL will not ship all pre-orders by 7/1/2013" is something I'd like to bet against.
2) I feel we are going to come to a wager for sure. I'm willing to bet 10 btc against the above statement right now. Escrow will still need to be found
3) My wife just gave birth to our daughter on 12/27 so I don't have a ton of time right now, please don't take my inaction in this thread as a sign that I'm scared or don't want to bet. I will give this as much attention as I can. I usually have a few hrs of daddy-daughter sleeping on my shoulder time and occasionally puking on me (I really don't mind it) during this time of night when I give her mom a rest and can msg-board it up for an hr or so. I'll check in semi-daily and we'll hammer something out soon IMO.
Micon, would you like to restate your position on BFL, because as it stands I believe you're convinced 100% that its a scam.