Topic: April 3 BFL ASIC update. - page 2. (Read 23651 times)

+1

Frizz is a hoot. Plus Josh *HATES* him...which is a huge pro in my book.

This made me laugh so much. Thank you.

+1

Meh. That's what you get when you're spending other people's money. See US Congress for reference.

wasteful

Maybe it's because they banned private ownership of thermonuclear weapons? 

Yes .. i was confused how can any thing it isnt exist be out of stock

the 1.5THs isnt out of stock.  BFL simply cannot make it work cause they're a bunch of monkies over there.

Heck yeah! If BFL begins delivery in a couple months it'll be an even year from order date to delivery for some of those early investors. Now that's pro.

Opentoe:
They also have working prototype(s), atleast according to BFL Josh/Inaba and Luke JR, who is independent developer (BFGMiner)
They indeed have promised to honor the sold hash rate, i would assume they will make it up with Jalapenos or multiple unit shipping. Which actually is good -> Multiple units is higher resiliency. For example if they give 2xLittle SC for those who ordered Single SC, if another fails, you only loose 50% instead of 100% of hash rate.

Dissecting the higher pricing

The effects are multiple fold:
- Early "investors" (ie. preorders, esp. early ones) gets a benefit over others by getting half price units which have higher hash rate (or equivalently multiple units per 1 unit) compared to someone buying today
- That same will also mean that preorder people will have higher returns for longer
- Active miners benefit over others due to current high BTC:USD exchange rate
- High margin might allow BFL to have on-stock products for fast/immediate shipment when backlog has cleared
- High margin also allows budget for starting next gen immediately after current gen is on distribution and backlog fully cleared (which i hope they don't even mention before first wafers are out of fab)
- Downside is network security -> way less units, with way less hash rate will be sold in total
- More downside in network security -> not many are willing to put down 1300$ as their first miner, so entry will be with 250$ Jalapeno not making up that much hash rate relative to other units
- If they go for higher availability with increased margins, newbie miners get online faster

Now they damn better start shipping within couple of months

They're honouring the advertised hashrate on old orders, even if they have to make up the difference by shipping multiple 30 GH units or throwing in some jalapenos.  It's new orders which will be buying a 50 GH unit (presumably because it's not cost effective for them to resolve the problem and produce a 60 GH unit).

Originally, they said that people could choose to wait for MK II if they didn't want to accept the existing units.  Not sure if that offer is still on the table given that the MK II units won't have the same hashrate as MK I.

But my dad ordered two SC's. He decided to pre-order them from the specifications on the product. 60GH/S was the specs. How are they going to send him two 60 GH/S units when they only make a 50GH/S?

That's so they don't have to honor long-term warranties. The pre-orders were all for Jalapenos, Little SCs, SCs, and MiniRigs and come with "lifetime" warranties. Lifetime being as long as the product is in production. Now there's a new line of products. All those "lifetime" warranties are now 1-year warranties.

Definitely saving this link for my last refund that I have on a group buy.

There's no point having lots of employees if none of them are smart enough to design a board that doesn't overheat.

WTF is this? Are they actually going to FUCK all those pre-orders and try to scam more money out of people. Seriousy, if you ordered an SC for $1300 rated for 60 GH/s what the hell would you really get? ANYTHING? Dude, before they even come out with a proto-type they are already changing the product line up? Total failure here. Seriously.

Dargo!!!!   Riddles are not fun if you give away the punch line.   How many greeks are there working at BFL?   Where is Josh in all those pictures of him on the web?   Has anyone asked Luke how many people he saw at BFL that seemed to be employees?

It's also extremely likely that any actual investors in BFL have ensured that they are secured creditors and would have priority claims over those of customers who pre-ordered.

the founder of BFL sonny vledsiedes (spelling is wrong), the guy convicted of scamming old people on a fake lottery ticket scam that is on parole and now collecting pre-order money from people like you.   How much did his victims (the retired people now eating canned dog food to survive) get back?   You should get 10X or 100X that amount.