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Topic: 65 nm Chips - [BFL ACCEPTED 100% ESCROW by John K.] - Group Buy #1 - Kernel32 - page 8. (Read 14774 times)

legendary
Activity: 4690
Merit: 1276
http://www.youtube.com/watch?v=UtVx26LlNXA <--- Yifu Guo of Avalon skeptical of Butterfly Labs

Why would anyone do that?
It's funny how Yifu is your go-to-source for opinions when he is BFL's direct competitor. It's like asking Mcdonald's CEO what he thinks of the Whopper.

Yifu seemed to have a fairly high opinion of ASICMINER.  I do also.  Their 130nm chips strikes me as the most impressive.  Avalon's 110nm second, and the supposedly 65nm one being pawned by BFL is either not 65nm, or is a steaming little piece of shit.  Or both.  I'd certainly be writing this into any escrow agreement although it doesn't actually matter exactly why it sucks so badly I suppose.

If BFL is going to go with 100% escrow, I would say there is a damn good chance that whatever they deliver would otherwise be thrown into the dumpster.

legendary
Activity: 1890
Merit: 1003
@ Kernel32

Congrats on the negotiations. You are (IMO) the most viable thread regarding group buys for BFL. You deserve more than one round of applause. May the chips flow freely through your group buy. Good luck!
full member
Activity: 224
Merit: 100
Interested, but only if there's a respected hardware developer (like burnin or BKKCoins who is willing to get on board with a design). I'm somewhat vested in BKK's Avalon design at this point, and would definitely be interested in his feedback regarding a BFL chip based project.
PeZ
sr. member
Activity: 297
Merit: 250
http://www.youtube.com/watch?v=UtVx26LlNXA <--- Yifu Guo of Avalon skeptical of Butterfly Labs


Why would anyone do that?
It's funny how Yifu is your go-to-source for opinions when he is BFL's direct competitor. It's like asking Mcdonald's CEO what he thinks of the Whopper.
hero member
Activity: 924
Merit: 1000
http://www.youtube.com/watch?v=UtVx26LlNXA <--- Yifu Guo of Avalon skeptical of Butterfly Labs


Why would anyone do that?
hero member
Activity: 812
Merit: 505
The Last NXT Founder
Sure. with john k, I'd put a couple thousand in. pm me when orders open up, I'd like to be first Tongue
member
Activity: 85
Merit: 10
If you can't do something smart,do something right
Good news everyone,



we just got reply from Josh/BFL. They would accept our 100% escrow deal.


Quote
Hello,

For this particular instance, I would be willing to facilitate a 100% escrow with John K. for this transaction.  How many chips are you wanting and have you cleared this with John K. first?

Thanks,

Josh

At this point, we need to make sure board developers are willing, able and have the resources/datasheets/sample chips at the right time to get the advanced 65 nm BFL-based miners going and out there ASAP. I'll let you know what their opinions are.

If developers give us the green light, we'll refine the deal and open (in cooperation with John K) first batch orders.

Stay tuned.
member
Activity: 85
Merit: 10
If you can't do something smart,do something right
What if BFL do deliver chips but:
  • They're not working?
  • Half of them are dead?
  • The reference desigh is bad?
  • Something else here...
Besides hand-in-hand trade, I'd recommend the payment to BFL being made after the chips are build into boards that work.

This would be most likely solved by hash test of randomly selected chips on BFL reference long/short board before escrow release.

Community board developer(s) opinion(s) on the reference design are crucial to start the Groupbuy itself.


Among other reasons I won't participate in this is that it seems Kernel32 can't communicate without shouting.

This thread is just too noisy for me to read.   Tongue

Sorry if it seems that way to you. I do bold font only for easy visual recognition of my posts in thread started by myself. I wish there would be some better feature of this kind integrated in the forum engine.

Had any response from BIG FUCKING LIES ...lol

Let me guess .ummm...umm..NO

..lol

There is no response yet. They are most likely in no rush and wait for someone willing to take the 50% upfront "risk". All we can hope for is nobody this "eager" exists. For his sake.

Thank you for the support guys.
sr. member
Activity: 476
Merit: 250
Among other reasons I won't participate in this is that it seems Kernel32 can't communicate without shouting.

This thread is just too noisy for me to read.   Tongue
hero member
Activity: 574
Merit: 500
Had any response from BIG FUCKING LIES ...lol

Let me guess .ummm...umm..NO

..lol
hero member
Activity: 812
Merit: 505
The Last NXT Founder
I might throw money at this with reliable 100% guarantees/ escrow.
full member
Activity: 224
Merit: 100
I am interested in this group buy when it comes up. Call me crazy, but I'm willing to bet on BFL for this one. Will watch this thread. Thanks Kernel.
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
Where did you see that "BFL needs the community to produce a mining board or they won't sell ... a single chip." ?

Welcome back, it looks like you have been away for a couple months how is the 20nm mining chips coming along.

Sorry for the OT derail but I think new folks and people who forgot should be reminded.

https://bitcointalksearch.org/topic/galaxy-1-asic-announcement-158044

sr. member
Activity: 250
Merit: 250
...hand-to-hand payment...

What if BFL do deliver chips but:
  • They're not working?
  • Half of them are dead?
  • The reference desigh is bad?
  • Something else here...

Besides hand-in-hand trade, I'd recommend the payment to BFL being made after the chips are build into boards that work.
newbie
Activity: 30
Merit: 0
Hi,

I would be interested if they accepted the escrow but they won't. They don't have the kind of money to put the orders in.

Still, if you get a positive reply back, count me in.

Best regards
member
Activity: 85
Merit: 10
If you can't do something smart,do something right
Thanks Kernel32 , what I understand is they have working boards , but they won't sell them, instead they need community to develop opens source boards.
As only few orders are delivered , they are just buying time to mine with already produced units , until Avalon chips started shipping at which time they can start shipping their products - IMHO , and they want to cash in more with BFL chips , hm if they take your proposition of escrow I will throw couple of BTC
Thanks for clarifying !

We cannot be sure, but this is our best guess of what's going on in BFL right now.

Thank you for your support AsicBite.
newbie
Activity: 25
Merit: 0
Hi I an new to BTC but I am researching it for the last week , here is the video on YT that I guess most of you saw , but I am wondering if this guy is somehow connected to BFL
http://www.youtube.com/watch?v=Vw7kVfJ5X5Y - Jalopeno teardown by codinginmydream
There is also other video showing Jalopeno in work.
My question is, is this a proof that BFL has developed a working board or this is just a scam , it seems legit to me?


Hi. This might help you. http://bfl.ptz.ro/ It's a list of some people that received Jalapenos so far (and more unlucky ones still waiting to give you the whole disastrous picture - considering most people did not register in that form this is HUGE). You can contact most of them with further questions by PM.

They (butterflies) sort of managed to scam people even if they deliver product at the (far away) end. Very creative.

Read more in PuertoLibre's signature above.

Thanks Kernel32 , what I understand is they have working boards , but they won't sell them, instead they need community to develop opens source boards.
As only few orders are delivered , they are just buying time to mine with already produced units , until Avalon chips started shipping at which time they can start shipping their products - IMHO , and they want to cash in more with BFL chips , hm if they take your proposition of escrow I will throw couple of BTC
Thanks for clarifying !
member
Activity: 85
Merit: 10
If you can't do something smart,do something right
Hi I an new to BTC but I am researching it for the last week , here is the video on YT that I guess most of you saw , but I am wondering if this guy is somehow connected to BFL
http://www.youtube.com/watch?v=Vw7kVfJ5X5Y - Jalopeno teardown by codinginmydream
There is also other video showing Jalopeno in work.
My question is, is this a proof that BFL has developed a working board or this is just a scam , it seems legit to me?


Hi. This might help you. http://bfl.ptz.ro/ It's a list of some people that received Jalapenos so far (and more unlucky ones still waiting to give you the whole disastrous picture - considering most people did not register in that form, this is HUGE ...). You can contact most of Jalapeno owners with further questions by PM. There is however no guarantee costumers and products delivered on the list are not fictional. Validation requires more research: https://bitcointalksearch.org/topic/m.2344169

They (butterflies) sort of managed to scam people even if they deliver product at the (far away) end. Very creative.

Read more in PuertoLibre's signature above if curious how that is even possible.
newbie
Activity: 25
Merit: 0
Hi I an new to BTC but I am researching it for the last week , here is the video on YT that I guess most of you saw , but I am wondering if this guy is somehow connected to BFL
http://www.youtube.com/watch?v=Vw7kVfJ5X5Y - Jalopeno teardown by codinginmydream
There is also other video showing Jalopeno in work.
My question is, is this a proof that BFL has developed a working board or this is just a scam , it seems legit to me?
member
Activity: 85
Merit: 10
If you can't do something smart,do something right
Where did you see that "BFL needs the community to produce a mining board or they won't sell ... a single chip." ?

It is possible someone will buy the chips without board development emerging, you are right. There is o lot of people, some are insane, some may know more than I do.

Stands to reason, they're not selling boards, so *someone* needs to make them. They can't sell chips if there aren't any boards to plug them in. Unless you're in the collector keychain business.

BFL will probably not find a corporation willing to take the risks of developing a board given the previous fail. (And risks of being accused of dealing with the devil himself, burned.  Grin )
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