Announcement - ASIC mining processor by Butterfly Labs - page 5.

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: Bicknellski on July 13, 2013, 01:19:36 PM

http://www.ic3.gov/faq/default.aspx

Q: Can I file a complaint if I am a citizen of the United States but have been victimized by an individual or company outside of the United States?
If one of the two parties involved is located within the United States, please feel free to file a complaint.

From http://www.ic3.gov/about/default.aspx
The IC3 gives the victims of cyber crime a convenient and easy-to-use reporting mechanism that alerts authorities of suspected criminal or civil violations. For law enforcement and regulatory agencies at the federal, state, local, and international level, the IC3 provides a central referral mechanism for complaints involving Internet related crimes.

It looks like if IC3 can't do anything about it, they would refer the complaint to an organization that would be able to. If you live in the US, they will probably go to bat for you. If only the accused party lives in the US, they would probably investigate on the assumption that a fraudulent operation inside the US would also target US citizens in addition to violating the law.

Bicknellski

hero member

Activity: 924

Merit: 1000

http://www.ic3.gov/faq/default.aspx

Q: Can I file a complaint if I am a citizen of the United States but have been victimized by an individual or company outside of the United States?
If one of the two parties involved is located within the United States, please feel free to file a complaint.

erk

hero member

Activity: 826

Merit: 500

Quote from: Fiyasko on May 30, 2013, 01:10:30 PM

Can we uhh, Talk more about BFL and less about the other guys... This IS the BFL announcement thread afterall...

Agreed, the mods allow these threads to go so off track it's unsurvivable. Do you want people to go over to the Klondike development thread and only talk about BFL products and derail the thread?

Quote from: BFL_Josh;36579

Quote

Quote Originally Posted by jml View Post
For the 'legacy' 60/30Gh orders, are those going to be filled with one unit at this point? Sorry if this has been answered, I haven't seen a current position on this topic recently. Thanks!

30's definitely. 60's almost for sure, but not 100% quite yet. We get our first batch of binned chips today I think (or tomorrow) so we'll see then. I don't anticipate it will be a problem putting 60 GH/s (+/- 10%) into a box.

https://forums.butterflylabs.com/bfl-forum-miscellaneous/2967-may-29-2013-asic-update-discussion-thread-6.html

This might be good news for people with older orders.

philips

hero member

Activity: 700

Merit: 500

Quote from: johnyj on May 30, 2013, 07:16:32 AM

250w at wall is impressive, but 76c degree on the chips! They are pushing it too hard, might need some powerful fans with 200+ cfm, it seems it's not a PWM fan like avalon used

The board is not in its enclosure. There are two more big fans in a push-pull configuration which will hopefully drop the temps a bit.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

The mining return will drop so fast that soon people will just buy coins instead of mine, why bother with so much hassles about the electricity/heat/management of rigs if you are not a hardware fan... ASICminer's shares could be another alternative

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Can we uhh, Talk more about BFL and less about the other guys... This IS the BFL announcement thread afterall...

Bitcoinorama

hero member

Activity: 532

Merit: 500

Dude there's no name calling. I'm well aware of that thread and the KNC Miner one. I live in Europe. Bitsyncom has a chip purchase specific wallet with 760,000 chips worth of Bitcoins sitting in it. That one group buy for 10,000 looks legit. Others aren't so. On top of which they've had trouble completing the shipping of either of their mining rig runs successfully.

af_newbie

legendary

Activity: 2688

Merit: 1468

Quote from: deadweasel on May 30, 2013, 10:24:16 AM

Quote from: Bitcoinorama on May 30, 2013, 10:13:10 AM

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

I do too. Drama is spawning under the surface as many people give their BTC to random forum users for chips or miners, none of whom have done any due diligence.

Hopefully, some of them learn responsibility from the upcoming cry/bitchfest when nothing turns out how they expected in their imaginations.

One thing is true, bitcoiners have wild imaginations and an extra fat drama glands (I'm not a doctor, but it's located somewhere in your anus).

+1

People who pre-ordered chips imagine that they will get the chips AND within a week or two they'll have working devices.
I say Avalon starts shipping chips AFTER they are done with batch #3 and possibly batch #4 and #5. ASICMiner is already spreading some hashing power around so no rush on their part. My guess it will be late in August or maybe September/October before assemblers get their chips in numbers. Add turn around for assemblers to sort out all the kinks, probably a month or two. If you get a delay in parts somewhere in the process, well, good luck.

gyverlb

hero member

Activity: 896

Merit: 1000

Quote from: Bitcoinorama on May 30, 2013, 10:25:45 AM

Quote from: gyverlb on May 30, 2013, 10:20:15 AM

Quote from: Bitcoinorama on May 30, 2013, 10:13:10 AM

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

Use escrow instead of sending your preorder money into the wind...

I wouldn't have bet some BTCs on the Klondike devices if Jonh K. didn't provide escrow for it.

I haven't ordered, but when is escrow released? at the point of chip receipt before redistribution? or once finally the devices are in your hands? How are the parts funded ahead of time without your funds??

I'm constantly aghast at the stupidity and zero research performed as members of this forum demonstrated regularly as they fork over cash...

?! Name calling? These questions may Roll Eyes

be answered in the group buy thread.

Last time I checked there was no place I could drive to buy an Asic miner in hand (and not a single branch in Europe of an Asic vendor I could visit). For European customers every single ASIC bought had been with preorders with people far across the globe. At least with this group buy if things go wrong the trace of the scam begins in Europe and not half the world away.

Every ASIC investment involves substantial risks right now (scam, late delivery, unstable/broken product delivered, business failure...). If you can't compare those risks and distribute your investments of course you will be disappointed. Although I had bumps in the road (refunded bASICs) my investments in ASICs are paying themselves nicely right now so I'm probably doing something right...

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: gyverlb on May 30, 2013, 10:20:15 AM

Quote from: Bitcoinorama on May 30, 2013, 10:13:10 AM

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

Use escrow instead of sending your preorder money into the wind...

I wouldn't have bet some BTCs on the Klondike devices if Jonh K. didn't provide escrow for it.

I haven't ordered, but when is escrow released? at the point of chip receipt before redistribution? or once finally the devices are in your hands? How are the parts funded ahead of time without your funds??

I'm constantly aghast at the stupidity and zero research performed as members of this forum demonstrated regularly as they fork over cash...

deadweasel

sr. member

Activity: 364

Merit: 250

Quote from: Bitcoinorama on May 30, 2013, 10:13:10 AM

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

I do too. Drama is spawning under the surface as many people give their BTC to random forum users for chips or miners, none of whom have done any due diligence.

Hopefully, some of them learn responsibility from the upcoming cry/bitchfest when nothing turns out how they expected in their imaginations.

One thing is true, bitcoiners have wild imaginations and an extra fat drama glands (I'm not a doctor, but it's located somewhere in your anus).

gyverlb

hero member

Activity: 896

Merit: 1000

Quote from: Bitcoinorama on May 30, 2013, 10:13:10 AM

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

Use escrow instead of sending your preorder money into the wind...

I wouldn't have bet some BTCs on the Klondike devices if Jonh K. didn't provide escrow for it.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: mezzomix on May 30, 2013, 10:03:09 AM

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

There is a huge amount of trust involved in bulk chips reaching destinations, being distributed, reaching more destinations, being assembled, reaching final destinations with several anonymous parties involved (as in real, not forum identities) whilst being paid for with anonymous currencies (for the most part). I foresee a lot of tears ahead within the DIY arena...let alone unforeseen delays which are inevitable.

mezzomix

legendary

Activity: 2618

Merit: 1253

Quote from: gyverlb on May 30, 2013, 09:28:11 AM

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

True. The people waiting for this Klondike device may have their miner long before the june/july 2012 BFL orders are shipped. It doesn't matter that a single consumes "only" 250W if you ordered in june 2012, paid nearly 200 BTC and receive the machine in 2014 (or never).

Photon939

sr. member

Activity: 452

Merit: 250

Hashing controllers are trivial now, the avalon runs on a cheapo $15 china wifi router and Mineforeman's minepeon distro for the raspberry pi gets you a mining controller for $35 that uses 2 watts.

gyverlb

hero member

Activity: 896

Merit: 1000

Quote from: erk on May 30, 2013, 12:44:45 AM

Some progress, though the power consumption seems a lot higher than I would have expected. They must be using 25% faster clock rate than the ones in the 5GH/s unit. 250Watts for 50GH/s is about 40% more than I calculated, factoring in the extra fans. Still I guess it's way better than the 620watt 66GH/s some reviews have reported the Avalon doing.

Not really comparable. Avalon is a full system, not a hashing device. Reports on 230V are 560W (not sure what the difference is for BFL devices betweens 110V/230V).
If you substract a device on which cgminer can run, you're probably left with hundreds of 66GH/s devices at 500W running at customers' location compared to 50GH/s for 250W that aren't yet delivered.

With Avalon you even have the choice of cheap Klondike devices (see my sig, I'm betting some of my BTCs on it) delivered in 3 months if ordered now (10 weeks for Avalon chips, 2 weeks for assembly + shipping). BFL won't even provide guesstimates on delivery delays.

creativex

sr. member

Activity: 434

Merit: 250

Awesome. Only 7+ months late and 200w over spec.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Good to see positive progress for those invested, and for those doubting their financial situation, that one rig alone appears to have netted them $8.5k this month!!! That has to cover at least some overheads...

Do like their GUI.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

250w at wall is impressive, but 76c degree on the chips! They are pushing it too hard, might need some powerful fans with 200+ cfm, it seems it's not a PWM fan like avalon used

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: smoothie on May 30, 2013, 01:25:02 AM

Quote from: erk on May 30, 2013, 12:44:45 AM

Quote

29 May 2013 - ASIC Update

Almost there... I'm attaching a picture of our test board. We've almost got the firmware finalized, as you can see, we've brought power usage down quite a bit. This is a 50 GH/s unit with unbinned chips (meaning the chips were randomly selected, so some of the chips have non-functional engines. What this means is the unit can perform faster if you use binned chips with known good engines).

I think the picture speaks for itself, and I apologize for the quality... just took a quick snap while we were working. However, you can see that our power usage is under 5w/GH/s. This should apply across all product lines. I plan on testing out the short boards tomorrow. We should be getting in many of the reworked short boards tomorrow as well as some long boards. Next week, we expect a much larger shipment of both long and short boards to arrive (possibly even this Saturday, but that's still up in the air.)

In any event, we should have the firmware finalized by tomorrow night or Friday at the latest and ready to go.

https://forums.butterflylabs.com/announcements/692-bfl-asic-status-3.html

Some progress, though the power consumption seems a lot higher than I would have expected. They must be using 25% faster clock rate than the ones in the 5GH/s unit. 250Watts for 50GH/s is about 40% more than I calculated, factoring in the extra fans. Still I guess it's way better than the 620watt 66GH/s some reviews have reported the Avalon doing.

11.5 months and counting and still they don't have their shit together? Cheesy

Topic: Announcement - ASIC mining processor by Butterfly Labs - page 5. (Read 227503 times)