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Topic: [Archive] BFL trolling museum - page 125. (Read 69394 times)

newbie
Activity: 26
Merit: 0
June 16, 2012, 05:53:56 PM
My best guess is that trade in policy will only be unit for unit within a product category.
Meaning you can only trade in 1 "old" single for 1 "new" single, 1 "old" minirig for 1 "new" minirig. And jalapenos will be sold without any trade ins. This way they will still be getting $$$ flow with every sale or trade in. Mark my words Smiley

Something interesting to consider.  I'll hold off purchasing another single until the trade-in in is clarified.
newbie
Activity: 29
Merit: 0
June 16, 2012, 05:43:13 PM
IMHO it's best to keep your cool, and check butterflylabs.com every second Smiley for the announcement, just in case this one is some kind of diversion.
hero member
Activity: 518
Merit: 500
June 16, 2012, 05:22:04 PM
Shocked Shocked

Wow, just finally finished getting 8 GPU's to play nice together, including (5) 5870's that have personality's of their own. Ranging from champ to the diva.
Multiple power supplies, some custom power wiring.

Hours of fun and frustration (I would say more fun, but still..), to get a little over 3 GH.

BFL is basically going to replace my system with a USB  "coffee warmer" @ 3.5 GH for $149.00

::This is where the slam head on desk smiley would go::::

I guess it is just a matter of when to dump the GPU's before everybody else floods the market and I cannot get rid of them.

(I will keep the champ however..452 MH, 1.08 volts, under 200 watts @ 42 degrees  Grin)

Now THAT is the REAL question in this FUD thread.

Anyone gullible enough to think BFL comes out with ASIC in near future is LOL.

12 months AT LEAST if it is real and this is not a fake "stop other FPGA folks dead" announcement.
legendary
Activity: 1064
Merit: 1000
June 16, 2012, 05:19:04 PM
 Shocked Shocked

Wow, just finally finished getting 8 GPU's to play nice together, including (5) 5870's that have personality's of their own. Ranging from champ to the diva.
Multiple power supplies, some custom power wiring.

Hours of fun and frustration (I would say more fun, but still..), to get a little over 3 GH.

BFL is basically going to replace my system with a USB  "coffee warmer" @ 3.5 GH for $149.00

::This is where the slam head on desk smiley would go::::

 I guess it is just a matter of when to dump the GPU's before everybody else floods the market and I cannot get rid of them.

(I will keep the champ however..452 MH, 1.08 volts, under 200 watts @ 42 degrees  Grin)

 



legendary
Activity: 952
Merit: 1000
June 16, 2012, 05:00:12 PM
Anyone believes this is true???

I don't think it's a matter of IF BFL can produce an ASIC. It's a matter of WHEN, and in what quantities.
legendary
Activity: 3472
Merit: 1724
June 16, 2012, 04:56:44 PM
Anyone believes this is true???
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
June 16, 2012, 04:52:05 PM
Or Could it be that someone hacked into bfl's account and .... ?  Since there is no official announcement made on their website ..... (I know of the comment on their page to prepare for june. But there nothing more to that?)

This could be it.   I would hope that Sonny (BFL) would give us more guidance than this being that is kind of improvement is a game-changer.
cst
member
Activity: 110
Merit: 10
The Cosmos doesn't care about you.
June 16, 2012, 04:45:33 PM

As a sidenote to BFL: what you will do, Enterpoint can do better and they will keep customers informed at all times. They are also trustworthy.

That won't really matter IF bfl can deliver ASIC, will it? But so far this thread has been nothing but FUD and panic (and entertainment:) so I think we're all safe from that for now.
sr. member
Activity: 466
Merit: 250
June 16, 2012, 04:32:49 PM
User BFL has been online and I fins it very hard to believe he hasn't read this thread.

It tells a lot about their policy that they haven't posted a single word after the OP. I just don't see what is the point to pre-announce something that is 1mil and 6months away.

As a sidenote to BFL: what you will do, Enterpoint can do better and they will keep customers informed at all times. They are also trustworthy.
hero member
Activity: 784
Merit: 500
June 16, 2012, 04:24:44 PM
Or Could it be that someone hacked into bfl's account and .... ?  Since there is no official announcement made on their website ..... (I know of the comment on their page to prepare for june. But there nothing more to that?)
hero member
Activity: 784
Merit: 500
June 16, 2012, 04:13:16 PM
I think that this announcement is some sort of pr gag to stop users from buying other fpgas then theirs .....

If they had an asic by now we would have seems that in the total hash rate?
sr. member
Activity: 242
Merit: 251
June 16, 2012, 04:13:00 PM
Don't worry guys, I was already preparing for a situation like this, my new design will come to the rescue.

It can do 42 googol yottahashes per planck unit of time with a measly 0.3 milliwatt power usage. You'll be able to run dozens of units off your USB ports.


And the kicker? They'll be distributed for a quarter each in dispenser machines.



Joking aside - That press release is clearly FUD; such units will not be available for quite some time, barring some magical technology breakthrough and a shitload of money just landed in BFL's lap. I think everyone is safe from the ASIC boogeyman for at least 4 to 6 months from now. And I have a hunch that when the transition to ASIC will be made, it won't be that rough.
sr. member
Activity: 466
Merit: 250
June 16, 2012, 03:58:31 PM
I didn't mean that as an absolute truth. My assumption is that positive ROI for mining equipment will be 7-12 months. If 40Ghash is 1300$ that means the difficulty is around 60 000 000, BTC price where it is now.
So with those numbers Terahash in 2013 = 29 Gigahash right now.

I don't think terahash is enough for solo mining in 2013. You said you are going to buy four so I assumed that everyone else is also buying four. And I think you were talking about SC Singles. (1,3k$ each)

IF BFL delivers... I think they are just pre announcing and you can wait to get on a wait list. Although money is welcome right away Smiley Developing ASIC will take at least 6 months and BFL was founded last august I think. No way they have an ASIC ready this year.

But of course BFL can correct me and give us some details about their schedule. The fact that they haven't already tells enough.
legendary
Activity: 952
Merit: 1000
June 16, 2012, 03:33:19 PM
Somethings nobody has posted as best I can tell...

  • What are the network requirements for 1 Th/s?
  • How many pools can support a handful of users each pushing 3-4 TH/s each?
  • Will it be more efficient to solo-mine (assuming bonus PPS pools/proxies do not exist)?
  • Doesn't bitcoind start to chose around 200-300 Gh/s?

I think we have seen problems with home routers choking on 40-50 Gh/s  Huh

If you're mining with 1TH/s, it would be more profitable to solo mine.

Probably not. Remember that everyone else is also buying four or more. Terahash is not the same thing then as it is now. Terahash in 2013 = Gigahash in 2012.

Huh?! The 1TH/s is the 30,000 unit. You're telling me "everyone" is plopping $120,000 into BFL? I know the difficulty will skyrocket, but srsly? It's still gonna be on the high end of things.
sr. member
Activity: 476
Merit: 250
June 16, 2012, 03:10:12 PM
BFL is full of shit.  Nothing has changed within the company.  BFL saw a real company (Enterpoint) come to market with a product at the same price with double (quadruple?) the efficiency of the single.  Around the same time, some very clever bitstream developers (eldentyrell and bitfury) brought the performance of the Spartans up significantly so that even boards with 2 Spartans could get closer to what the Single offered (mh/s wise) while being much more efficient.
Just to keep statements accurate. (The lack of which, IMO, is our biggest complaint against BFL.)

1) The Enterpoint product currently costs more. And will soon cost even more more.
About 8% more until the end of June. 63% more starting in July.

2) The Enterpoint product currently *matches* the BFL single on a MH/w basis.
IIRC, the best currently being delivered is about 400mh/s at 40w using two of the four FPGAs. About 200mh/s when using all four.

In the future the Enterpoint product *might* be double with 800+ at 40 to 50w.
But that is a future / hypothetical situation. *After* that is achieved it will be legitimate to sing their praises. (While acknowledging that all the BFL competitors, at that future point in time, cost greater than 50% more at the entry point level.)

3) IIRC, the best that has been achieved on Spartans is about 250mh/s per FPGA. Two times that for 500mh/s is substantially less than the BFL Single 800+mh/s. And, again IIRC, the other bitstreams you refer to are not generally available for use.
legendary
Activity: 1666
Merit: 1000
June 16, 2012, 03:09:45 PM
Fair point about diff 1 shares probably changing to some >1 - I know CGminer supports higher difficulty.
legendary
Activity: 938
Merit: 1000
What's a GPU?
June 16, 2012, 03:03:55 PM
Somethings nobody has posted as best I can tell...

  • What are the network requirements for 1 Th/s?
  • How many pools can support a handful of users each pushing 3-4 TH/s each?
  • Will it be more efficient to solo-mine (assuming bonus PPS pools/proxies do not exist)?
  • Doesn't bitcoind start to chose around 200-300 Gh/s?

I think we have seen problems with home routers choking on 40-50 Gh/s  Huh

If you're mining with 1TH/s, it would be more profitable to solo mine.

Probably not. Remember that everyone else is also buying four or more. Terahash is not the same thing then as it is now. Terahash in 2013 = Gigahash in 2012.

Unless BFL doesn't deliver for years. We have no idea and are just assuming 6-12m here, no?
sr. member
Activity: 466
Merit: 250
June 16, 2012, 03:01:39 PM
Somethings nobody has posted as best I can tell...

  • What are the network requirements for 1 Th/s?
  • How many pools can support a handful of users each pushing 3-4 TH/s each?
  • Will it be more efficient to solo-mine (assuming bonus PPS pools/proxies do not exist)?
  • Doesn't bitcoind start to chose around 200-300 Gh/s?

I think we have seen problems with home routers choking on 40-50 Gh/s  Huh

If you're mining with 1TH/s, it would be more profitable to solo mine.

Probably not. Remember that everyone else is also buying four or more. Terahash is not the same thing then as it is now. Terahash in 2013 = Gigahash in 2012.
donator
Activity: 289
Merit: 250
June 16, 2012, 03:01:10 PM
I think we have seen problems with home routers choking on 40-50 Gh/s  Huh

If you're mining with 1TH/s, it would be more profitable to solo mine.

I would assume that when this becomes common-place, pools will simply start asking for higher difficulty shares.
legendary
Activity: 952
Merit: 1000
June 16, 2012, 02:53:36 PM
Sooo... by guess is we won't see these in 2012? Regardless I'm still ordering 4.
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