Pages:
Author

Topic: [Archive] BFL trolling museum - page 9. (Read 69327 times)

sr. member
Activity: 434
Merit: 250
January 21, 2013, 04:54:10 PM
because they have a shit ton of chips, PCBs, etc laying around doing nothing.
Are you so rich to afford your money printing press laying around doing nothing?

Nah he had others pay for the gear and he's screwing them.
legendary
Activity: 3431
Merit: 1233
January 21, 2013, 04:51:48 PM
because they have a shit ton of chips, PCBs, etc laying around doing nothing.
Are you so rich to afford your money printing press laying around doing nothing?
sr. member
Activity: 462
Merit: 250
January 21, 2013, 04:50:28 PM


If Avalon's website is any clue, they will soon have the capacity to start delivering 30Th per week.....

Did you order from Avalon? I'm curious.

hero member
Activity: 632
Merit: 500
January 21, 2013, 04:47:51 PM
I would definitely say that if you are not planning to be profitable at diff 100m or greater, than you have no clue about what's coming.

This! This this this this.

For one purchase of around 1500$, you get more hashpower than like 90% of all the GPU farms out there. People don't seem to realize how the jump from GPU to ASIC is completely insane.
legendary
Activity: 1378
Merit: 1003
nec sine labore
January 21, 2013, 04:41:10 PM
If Avalon's website is any clue, they will soon have the capacity to start delivering 30Th per week.....

true, but at a certain point in time adding 30 TH to one's mining farm gives a negative return, I mean, you end up paying more in electricity than you get from mining.

there is not an infinitely available mining capacity, it is constrained by electricity costs.

IMHO.

spiccioli
vip
Activity: 1358
Merit: 1000
AKA: gigavps
January 21, 2013, 04:36:25 PM
100,000,000 Difficulty before Jan 1st, 2014?

Please pass whatever the hell you got off silkroad.

I would definitely say that if you are not planning to be profitable at diff 100m or greater, than you have no clue about what's coming.

Where the hell are we getting 730 TH of mining power?

Once initial pre-orders are shipped out, purchasing will continue until profitability calculators are no longer "gold rush" 6-8mo. What happens then? ASIC manufacturers lower their prices because they have a shit ton of chips, PCBs, etc laying around doing nothing.

Avalon add's 30, BFL has 55-75 (preordered), Basic has Huh in march (iffy), drop 20 from GPU miners exiting the scene or going to Litecoin.

If Avalon's website is any clue, they will soon have the capacity to start delivering 30Th per week.....
hero member
Activity: 868
Merit: 1000
January 21, 2013, 04:34:19 PM

Hopefully we'll get to see the specs for Avalon's device soon.

BFL has said that they'll match the performance of any vendor who ships before them.  I believe that all vendors will ship with reserve capacity which can be enabled at a later date vis firmware updates (remember that when BFL initially upped their specs they said they'd originally intended to make that increased performance available to their customers via a firmware update after shipping).

I guess the interesting question is how long this first generation of ASICs can be kept profitable enough to stimulate ongoing sales.  Are we going to see a dramatic drop in unit price within 12 months or will vendors be forced to produce second generation products much sooner than they'd planned. 

Getting ASICs to market isn't the endgame.  It's only the beginning really.
sr. member
Activity: 310
Merit: 250
January 21, 2013, 04:25:16 PM
100,000,000 Difficulty before Jan 1st, 2014?

Please pass whatever the hell you got off silkroad.

Where the hell are we getting 730 TH of mining power?

Avalon add's 30, BFL has 55-75 (preordered), Basic has Huh in march (iffy), drop 20 from GPU miners exiting the scene or going to Litecoin.

legendary
Activity: 1064
Merit: 1001
January 21, 2013, 04:17:55 PM
Cancellations have taken their toll. BFL is only ordering 10,000 chips, so well under 75 TH/s is due to be shipped in the first batch.

Josh has said that the reduction in the number of chips in the first batch is due to the design changes - they'll get less chips per wafer with the upgraded design.

We have no idea what specs any ASIC vendor will actually ship with.  We also have no idea how much - if any - disabled capacity each vendor will have.


Hopefully we'll get to see the specs for Avalon's device soon.
hero member
Activity: 868
Merit: 1000
January 21, 2013, 04:02:45 PM
Cancellations have taken their toll. BFL is only ordering 10,000 chips, so well under 75 TH/s is due to be shipped in the first batch.

Josh has said that the reduction in the number of chips in the first batch is due to the design changes - they'll get less chips per wafer with the upgraded design.

We have no idea what specs any ASIC vendor will actually ship with.  We also have no idea how much - if any - disabled capacity each vendor will have.

hero member
Activity: 868
Merit: 1000
January 21, 2013, 03:49:47 PM

Only small time, WHINGY, impatient miners have cancelled their orders.  Also when the same 3 people keep saying 80% have taken refunds, it doesn't make it happen.

Fixed it for ya!

also, I got money on a bet saying DIFFICULTY will be 100,000,000 by 1st Jan 2014.  I'm confidant, how about you lot?
The only way I see that happening is if the Bitcoin price goes up significantly from here...

Or the price of ASICs fall fast...
legendary
Activity: 1400
Merit: 1005
January 21, 2013, 03:47:23 PM

Only small time, WHINGY, impatient miners have cancelled their orders.  Also when the same 3 people keep saying 80% have taken refunds, it doesn't make it happen.

Fixed it for ya!

also, I got money on a bet saying DIFFICULTY will be 100,000,000 by 1st Jan 2014.  I'm confidant, how about you lot?
The only way I see that happening is if the Bitcoin price goes up significantly from here...
legendary
Activity: 1064
Merit: 1001
January 21, 2013, 12:23:21 PM
I'm confident saying that tying up BTC on a bet that won't be resolved for a year is a very poor investment.

...no idea what difficulty will be 344 days in the future.


At least not until all preordered ASICs are in the wild and we can figure out how steady the growth rate resumes after that. That, and watching organofcorti's blog Tongue
sr. member
Activity: 434
Merit: 250
January 21, 2013, 12:10:19 PM

Only small time, WHINGY, impatient miners have cancelled their orders.  Also when the same 3 people keep saying 80% have taken refunds, it doesn't make it happen.

Fixed it for ya!

also, I got money on a bet saying DIFFICULTY will be 100,000,000 by 1st Jan 2014.  I'm confidant, how about you lot?

I'm confident saying that tying up BTC on a bet that won't be resolved for a year is a very poor investment.

...no idea what difficulty will be 344 days in the future.
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
January 21, 2013, 12:05:13 PM

Only small time, WHINGY, impatient miners have cancelled their orders.  Also when the same 3 people keep saying 80% have taken refunds, it doesn't make it happen.

Fixed it for ya!

also, I got money on a bet saying DIFFICULTY will be 100,000,000 by 1st Jan 2014.  I'm confidant, how about you lot?
legendary
Activity: 1064
Merit: 1001
January 21, 2013, 11:45:49 AM
They haven' had that many big cancellations that have been revealed, and there's still 55Th/s listed just on the wait list thread.

This.

Only small time, impatient miners have cancelled their orders. Once I see users with an actual substantial investment (see Fefox or Gigavps) in BFL start to cancel, then I might reconsider...which is very unlikely to happen.
legendary
Activity: 1274
Merit: 1004
January 21, 2013, 11:16:10 AM
If you add on all of BFL's preorders, difficulty will go up over 100,000,000.  [/b]

a 60GH/s device will only make $5.  power will cost $8.  So when all the paid for ASICs are in the wild, the low power usage devices are gunna look pretty good!
I call bullshit on that. That would be a network hashrate of 750TH/s. BFL may have done well with their preorders, but their numbers are more likely 1/5th of that based on previous comments Inaba has made.

Cancellations have taken their toll. BFL is only ordering 10,000 chips, so well under 75 TH/s is due to be shipped in the first batch.

Source for any of that? BFL most likely only has 10k-12k coming in their first batch because that was all the could fit in that run, but there's no indication that all the preorders will be covered by the first batch. They haven' had that many big cancellations that have been revealed, and there's still 55Th/s listed just on the wait list thread.
sr. member
Activity: 434
Merit: 250
January 21, 2013, 11:07:43 AM
Why do so many quote BFL's power "spec" as a firm number? BFL was WAY off on their last product's power specs, they do not have chips, and wasn't it their rep that was backpedaling on power consumption estimates just recently? Their power "spec" is a guess and likely a wild ass overly optimistic guess at that, just like their shipping dates.  
legendary
Activity: 3878
Merit: 1193
January 21, 2013, 11:05:51 AM
If you add on all of BFL's preorders, difficulty will go up over 100,000,000.  [/b]

a 60GH/s device will only make $5.  power will cost $8.  So when all the paid for ASICs are in the wild, the low power usage devices are gunna look pretty good!
I call bullshit on that. That would be a network hashrate of 750TH/s. BFL may have done well with their preorders, but their numbers are more likely 1/5th of that based on previous comments Inaba has made.

Cancellations have taken their toll. BFL is only ordering 10,000 chips, so well under 75 TH/s is due to be shipped in the first batch.
legendary
Activity: 1274
Merit: 1004
January 21, 2013, 10:51:28 AM
Actually, talking about current difficulty is surprisingly valid, at least for the first few people who get their Avalons. Difficulty is going to readjust in two days, after which we're going to have another 2016 blocks at around 3M difficulty. Even if all the Avalon units ship tomorrow and hit the network in 3 days, they would still have a week of mining at the current difficulty and would earn around 80BTC before the difficulty readjusted.

Of course, all the Avalons won't ship tomorrow so it will be better for those who get theirs early and worse for those who get theirs late, but those Avalon customers who get their units before CNY will probably have them paid off and have a little bonus spending coin by the end of February. Not that it really matters now, but first batch Avalon customers are the big early winners in the ASIC market.
Pages:
Jump to: