Topic: [Archive] BFL trolling museum - page 112. (Read 69394 times)
who saved the day in that movie ............
Have any power estimates been released?
I'm specifically interested in the expected wattage of the SC Singles, as I'm currently changing the layout of my wiring and would hate to be left with sparsely filled racks if I've underestimated the power required.
Jalepeno's will be 2-3 watts. Considering it mines at 3.5 GH/s, you have about 0.75 watt per GH/s. 40 GH/s for a single means it should consume around 30 watts. 1TH/s for a minirig should consume around 750 watts.I'm specifically interested in the expected wattage of the SC Singles, as I'm currently changing the layout of my wiring and would hate to be left with sparsely filled racks if I've underestimated the power required.
Just guessing.
GPU meets ASIC?
I've read every posts and I'm wondering if I wasted my time again. I'm feeling sick.
Take a break. Read a book. Watch a movie. (Blade Runner's always a good choice)
It helps, trust me.
I've read every posts and I'm wondering if I wasted my time again. I'm feeling sick.
Well, that answers a lot of our questions.
This is why i posted over a week ago that this BFL ASIC thing is going to kill everyone. Yes, ASIC's are good for bitcoin, but they have to be implemented properly as it looks like they have come to market too quickly and cause a double leap. This is NOT CPU to GPU, this is GPU to ASIC, since they have come to market before FPGA's have had any chance to be implemented and mature.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
With kind respect sir socialism doesn't work. If bitcoin fails because of BFL then so be it! It was not designed properly and a new design will emerge from the ashes. Do I want this to happen? Of course not, no one wants to see something they built or help build be destroyed by harshness of a dog eat dog world (aka, the choices of FREE men), however this is the way of real world. I don't expect you to agree as I was once a socialist like yourself but I have seen the light thanks to people like Ron Paul and Peter Schiff. Heck they even converted my brother who was the worst kind of socialist... a teacher.
Bitcoin is a tool that must be good for the individual because that's all that matters, a tool works for us not the other way around. If bitcoin does not work for us then we must find another tool, it's that simple.
Cheers
Davinci
So, you're equating community projects with socialism?
Community projects can mean a community of individuals or business interests asserting their interests.
It happens all the time in the business world. No need to bash small scale, individual miner oriented community projects.
After all. Mining is decentralized and can be compared, currently at least, to a communal sharing of profit.
Scary, huh.
And just what about them socialists running the pools another co-op sharing of profit effort.
This is why i posted over a week ago that this BFL ASIC thing is going to kill everyone. Yes, ASIC's are good for bitcoin, but they have to be implemented properly as it looks like they have come to market too quickly and cause a double leap. This is NOT CPU to GPU, this is GPU to ASIC, since they have come to market before FPGA's have had any chance to be implemented and mature.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
With kind respect sir socialism doesn't work. If bitcoin fails because of BFL then so be it! It was not designed properly and a new design will emerge from the ashes. Do I want this to happen? Of course not, no one wants to see something they built or help build be destroyed by harshness of a dog eat dog world (aka, the choices of FREE men), however this is the way of real world. I don't expect you to agree as I was once a socialist like yourself but I have seen the light thanks to people like Ron Paul and Peter Schiff. Heck they even converted my brother who was the worst kind of socialist... a teacher.
Bitcoin is a tool that must be good for the individual because that's all that matters, a tool works for us not the other way around. If bitcoin does not work for us then we must find another tool, it's that simple.
Cheers
Davinci
So, you're equating community projects with socialism?
Community projects can mean a community of individuals or business interests asserting their interests.
It happens all the time in the business world. No need to bash small scale, individual miner oriented community projects.
After all. Mining is decentralized and can be compared, currently at least, to a communal sharing of profit.
Scary, huh.
This is why i posted over a week ago that this BFL ASIC thing is going to kill everyone. Yes, ASIC's are good for bitcoin, but they have to be implemented properly as it looks like they have come to market too quickly and cause a double leap. This is NOT CPU to GPU, this is GPU to ASIC, since they have come to market before FPGA's have had any chance to be implemented and mature.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
The ASIUC is a different beast because once it is programmed, there is NO secondary market. High initial development cost, then extremely low production cost. Considering that mining is based on difficulty, this causes a HUGE monetary conflict.
Jesus this has been so ridiculous to see people not understand this and fall on half truths and past bullshit to frame their retorts.
THIS IS A NEW BEAST AND IS UNLIKE ANYTHING THAT HAS EVER HIT MINING BEFORE.
It requires a new type of analysis in order to preserve any sense of decentralization in mining.
If miners actually gave a shit about bitcoin they would all stop buying BFL's bullshit and tell them to screw.
Let's all get behind a legit openASIC program and do this OURSELVES in the right way.
Let everyone in the community have a chance to invest on the front end and distribute the mining appliances evenly so people can assess their prospective investment properly and only have to speculate on how much the coins might be worth. Rather than wondering if they will be left in the dust in the blink of an eye.
Get behind companies like enterpoint, nzhang, modminer quad, ztek, and the rest who have shown professionalism and consistency.
With kind respect sir socialism doesn't work. If bitcoin fails because of BFL then so be it! It was not designed properly and a new design will emerge from the ashes. Do I want this to happen? Of course not, no one wants to see something they built or help build be destroyed by harshness of a dog eat dog world (aka, the choices of FREE men), however this is the way of real world. I don't expect you to agree as I was once a socialist like yourself but I have seen the light thanks to people like Ron Paul and Peter Schiff. Heck they even converted my brother who was the worst kind of socialist... a teacher.
Bitcoin is a tool that must be good for the individual because that's all that matters, a tool works for us not the other way around. If bitcoin does not work for us then we must find another tool, it's that simple.
Cheers
Davinci
Well, if this is true. The CEO of BFL (or the VCs who may be able to replace him) can own the network at trifling cost and there is jack shit anyone can do about it. You deluded idiots and your precious decentralization. What a fucking joke.
Well, yes, sort of. This has always been true. Didn't have to be BFL of course, but it was obvious for a long time that owning the network was within the grasp of anyone with a decent amount of money who could get ASICs designed and manufactured.
However, as several people have pointed out already, what you need to bear in mind is that even if this is true we don't know how many THash/s worth of chips BFL would need to sell in order to reach this kind of pricing. We can guess, though, and it's not likely to be a small amount. Once you factor in that and the resulting increase in difficulty those prices will probably look rather less attractive.
Read more carefully. The most profitable approach is to sell units en masse while quietly building up a larger cache of personal units. The fact that they profit from selling units to customers in no way implies that they cannot profit from turning these units into paperweights after the market is saturated. That is what I would do.
Sounds like what the Federal Reserve and it's member banks will do to the dollar.
Dont believe everything you read
BFL is not your friend.
BFL cares nothing for Bitcoin.
BFL has had a strategy since day 1 to milk as much cash as possible from this community.
BFL's current claims on ASIC is complete Bull SHIT, these are numbers they pulled out of their ass to make themselves look good, the reality is they have no freakin clue what the speed will be, in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Just remember October is a long ways a way. They are just hoping they have it figured out by then, well guess what they arent the only one.
BFL is not your friend.
BFL cares nothing for Bitcoin.
BFL has had a strategy since day 1 to milk as much cash as possible from this community.
BFL's current claims on ASIC is complete Bull SHIT, these are numbers they pulled out of their ass to make themselves look good, the reality is they have no freakin clue what the speed will be, in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Just remember October is a long ways a way. They are just hoping they have it figured out by then, well guess what they arent the only one.
Can you stop spamming all the BFL threads? As a direct competitor to them, your voice holds no weight. Sorry, but that's just how it is.
This will consolidate mining into a few hands that get that 1TH server first.
And the hundreds of miners who buy singles, and the thousands of miners buying the coffee warmers.
This will consolidate mining into a few hands that get that 1TH server first.
in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Can you point me to this?Read this thread....
https://bitcointalksearch.org/topic/m.970134
in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Can you point me to this? 
Dont believe everything you read
BFL is not your friend.
BFL cares nothing for Bitcoin.
BFL has had a strategy since day 1 to milk as much cash as possible from this community.
BFL's current claims on ASIC is complete Bull SHIT, these are numbers they pulled out of their ass to make themselves look good, the reality is they have no freakin clue what the speed will be, in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Just remember October is a long ways a way. They are just hoping they have it figured out by then, well guess what they arent the only one.
BFL is not your friend.
BFL cares nothing for Bitcoin.
BFL has had a strategy since day 1 to milk as much cash as possible from this community.
BFL's current claims on ASIC is complete Bull SHIT, these are numbers they pulled out of their ass to make themselves look good, the reality is they have no freakin clue what the speed will be, in fact as eddy terrel pointed out their jalepeno USB efficiency claims are NOT POSSIBLE.
Just remember October is a long ways a way. They are just hoping they have it figured out by then, well guess what they arent the only one.
my 2 cents
they have delivered the 4 mini rig to gigavps to day and I think he sound happy
https://bitcointalksearch.org/topic/mini-rigs-in-the-wild-88813
and yes BFL wants to make money but I would think any miner that is generating more than 10 GH/s are after money
I would also think a good percentage of those miner care nothing about bitcoin -- just want to make $$$$$
and I beleive BFL will deliver an asic based miner --- maybe not on time or does not meet all the spec -- but it will be better on what we are using for mining to day
well guess what they arent the only one.
aye, I've said this many times. Not everyone working on such endeavours comes to 'announce' them prematurely. ;p
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