Topic: ASIC where are they? (Read 8536 times)

That would be Avalon. The Avalon will most likely use more power than the others, but will supposedly include an ethernet port to directly connect to the internet, and mine away. No host PC required.

Which of the ASIC manufacturers has a stand-alone solution? e.g. plug into Internet and forget? the one without PC needed to be turned on all the time?

Let TheBible reply. According to him, betting would not be speculation as BFL is "obviously a scam". This applies to tvbcof as well.

I expect both of them to stay quiet and come up with some excuse for not betting, even so it would be an "oh-so-obvious" win for them....

@OP, They aren't coming until next Christmas! 

Because they will be cheaper and easier to make. No one is going to pay 3500 for a jalepeno when there are 100,000 jalepeno chips on the market.

That bigger idiocy, who does not like the speculation hardware manufacturers does not like the speculation of a bet. And who likes to speculate and make money buying hardware advance also likes to bet on either side of your bet will be okay ...

Oh yeah? Then put your money where your mouth is by betting against "BFL ASIC is real".

Right now there are only 50.55 BTC on your side, and it will probably stay here, because you are probably too insecure about your own claims...

...except perhaps the amount of time that mining gear scammers vendors hold on to idiot's customer's ASIC pre-order funds.  In fairness, though, 'hold on to' is probably an inaccurate term.  I suspect it would be deployed towards hookers and blow pretty rapidly, and I bet a lot of it has been already.

It was not very long ago that one could buy a day's production of Bitcoin for $10k.  Now you'd have to actually obtain some ASIC gear and hit every block for a day to achieve the same end result.  Good luck with that since even if people end up with ASIC gear, a lot of other people will have it also at about the same time.

Oh, but this means thinking in years.  And some forward planning.  And balls of steel.  Sorry about that.

Yeah, you people  .  How many times?  Too many to count, and it's making me just mad.

You people haven't even seen a prototype, have seen constant delays with unrealistic timelines, no proof at all that there even is an order at a foundry, and you still fall for these obvious scams every single time.

People have already accepted that BTC has value.  If someone had a shit ton of BTC, they'd invest in making sure the network is secure, right?  It'd have nothing to do with taking care of stray dogs.  Now I've got that Sarah McLachlan song in my head - Thanks, deathcode.

Just to make it clear...  ROI as a function of bitcoin, usually mean time to breakeven. (When do I get my Investment Returned). maybe we should call it IR

In bitcoin everything is mesured in 4 to 6 weeks......
 Or by the end of "insert month here" ....

I'm a dreamer and I do not believe ASICs are a scam.  But the releasing of them to secure the network doesn't make a great lot of sense.  It's been brought up, why would they sell these processors so cheap given the current MH/$ of FPGAs.  Given what we pay for an FPGA if it was a direct conversion we'd be paying $3,500 per Jalapeño.  It's hard to say how or why.

nothing in the bitcoin world is measured in years....

Sup. Text.


most people on these forums mean break even when they say roi, if that helps

What is this ROI you keep speaking of in terms of days/weeks/months?

The ROI I'm familiar with is usually expressed in terms of APY or similar.

http://www.investopedia.com/terms/r/returnoninvestment.asp

It could also be that there is bitcoin-rich financial backer behind an ASIC producer, who is backing development in order to increase the security of the bitcoin network by widely distributing ASICs which will harden the network against attack.  Since the network security is increased by selling these ASICs around the world, the BTC value will go up, more orders will come in at current ASIC sale prices, and the company will sell enough to make up for development costs.  At worse, it's a scheme -  but a scam?  Probably not... unless you count the pre-orders placed in June 2012 @ $6 per BTC through a payment processor, and the possible rise in BTC value  *removes tin-foil hat*

Maybe they considered it in another direction.  Sell thousands of devices to greatly increase difficulty hence making all miners have to purchase ASICs to do any worthwhile mining and making the demand skyrocket.  Be the first and only supplier and crush your competition.  Then raise prices and profit.

I meant within a month of asics in the wild, diff will rise to the point that ROI will rise to historical avgs.

within one month, the ROI will go from 2 weeks to 5 months, like it has been historically.

I dont think its a Scam. Not even from the get go. Theres just too much into outside information from other sources for just a few companies to pull something of this maganatude off. Just look at the new MIT write up (google it) Yes, we are burdened with delays, and it is frustrating, but its not a scam by any means.

They dont exist...

But there is an enormous timeframe in which they they may not deliver.  They could fail to deliver for the next 1000 years.  But once they deliver, the deed is done. So in other words, stay prepared to hear about how BFL isn't delivering for the foreseeable future.  And because "dog bites man" isn't news, when they do deliver, we'll all be back to the speculation forum where we belong.

Agree with plenty of these threads, I bought in late, just one unit, People are starting to pull out, And getting their money back, Not me, I will sit in this ride till its conclusion.

Let the trolls have their fun, If BFL dliver they will shut up fast, If not I will shut up fast 

This is the very same song Pirates investors were singing, good luck with that

Its only a scam if theymos invests in it and loses money.

lmao, I gotta wipe spit and snot off my screen you made me laugh so hard.

absolute gold

5. those that preordered and are now scared that the whole thing is scam and they will never see their money ever again

On the upside, at least the world ends before Chinese New Year delays can begin .

That is right,  please everyone cancel your order.  hurry. it might be too late!

Don't know about anyone else, but I already canceled my order.  Luckily I was refunded already.  May want to get in before they disappear with your money.

+1  &

PandaMouse

 

What is really funny is:

All the haters/trolling is just creating free advertisements for BFL..  lol

Yeah, only those chips you saw? Mock-ups. They don't have any chips at BFL, mostly because the chips don't even exist yet. Apparently the chips are going to be finished by next week, maybe, with luck. BFL doesn't know. They have no idea when their chips are going to be finished. But it could be next week. With luck. Who knows?

Filtering through the Inaba speak this is probably how it's gonna go:
 - Finally understanding how Asian fabs work, BFL raises their order from 20000 chips to 100000 to bump up their place in the production queue.
 - Fab decides they finally have time for that weirdo BFL company to do their miniscule run on the 11th. This is under provision no big orders from LG come in in the mean time because boy that Nexus 4 is selling like hotcakes. If that happens BFLs run is gonna be pushed back to "whenever".
 - Assuming the 11th happens and the run actually starts, you can add about 4-5 weeks for production of these things.
 - On 21st of December the world ends
 - In the middle of January the chips are finished. Inaba decides to hop in a plane and fly over to the fab to hand receive the chips. Turns out, all planes crashed during the end of the world. Instead the chips are shipped over to 'merica by boat.
 - Middle of March the chips finally arrive in what is now called the Independent State of California. Customs officials hold what they assume to be weapons grade military devices until the end of the war with Texas finally ends in a stalemate.
- 2015: ASICs arrive at BFL studios (a subsidiary of bAvalon International). No one knows what to do with them because all bitcoins were wiped out by the EMP pulse from Planet Rth'Nag'Ar.
- 2016: bAvalon strings the chips up on metal bars to produce a first-of-its-kind mathematics device they call The Abacus.

They posted pictures of finished product? Damn, go away for one weekend and the world changes. Where abouts did they post them?

Welcome back to giving a crap. Tough to be sure of anything with this company, but last I heard they were awaiting chips and expected them next week, though there was a post saying they'd been delayed again till nearer the end of the month. Josh seems to think they could still get the chips, assemble, test, and ship before the end of the year, but I seriously doubt it given that everything seems to take far longer with this company than they say it will. Plus it'd be right up against Christmas, good luck getting everyone to focus on work.

I stopped giving a crap for a couple weeks but now I'm back and now BFL's website has actual pictures of the finished product.  That means they have some chips, are assembling and testing some, and are obviously close to shipping.  They might even be packaging right now.  Their original statement that they later buried was that they were realistically going to ship right before Christmas.  Then they said October so everyone placed their pre-orders with their company instead of their competition.  Then they backpedaled and kept saying "well, we don't know though" and "it might be later" and tada, we're back at reality where we started from.

Also, the Steve Jobs in that cartoon would be where he's going already if he wasn't using Apple Maps.

The level of desperation is way too high to have stemmed from a concern about the welfare of others.

3. The ones that didn't pre order because they had decided for themselves that there is not enough evidence shown (working prototype, pictures, etc...). Desperately trying to talk sense into "newbies" not wasting money on an at the moment non existent unicorn?

4. Trolls in general

Excellent point Luno. I think the haters fall into two camps,

1. Those that didn't order early when they had the chance and are now kicking themselves.
2. As you said, those who did order and are trying to sow misinformation for their own gain.

I don't have any pre order, so I shouldn't interfere but would there not be a point in telling others not to order anything from BFL or claiming that they'll never market a product, if you are sure you get one yourself so you will have a better chance of recouping your investment as less ASIC's are sold because of slander? 

Yes, we're there, almost...

What's at the end of the road I wonder.  It looks pretty desolate out there.

It is. The public is holding an iDevice.  It must have been around the time of the iPhone 4s announcement.

i saw Steve Jobs too

I thought it was Steve Jobs... 0_o

Is it just me or does the driver in that picture look like a priest who has a small boy in the back seat drinking a beer?

Made me laugh. In answer to Ops query. They are coming

Yeah, the BFL process wasn't a clusterfuck that needed to be cleaned up after the fact.  When you pre-ordered your BFL item, you got an email around the same time... so you got the equivalent letter from BFL when you put in your order.

Actually, BFL sent me order- and payment confirmations at the very minute they were received, so once again you are just talking shit.

When you will get that asic device at your door, than it will be delivered, now its just confirmation of order

As said in other thread, this is only a proof that you payment is confirmed (if paid with BTC), some month after, , btw BFL even haven't done anything like this.

Regards

He doesn't care, nor is he in a hurry, quoting OP, "I will keep mining, unlike others, I see the big picture and I'm in for the long run... so if I make 1 btc or 20 today, I don't really care..."

That's the standard mail that is sent to the "shipping department", which is still non-existent btw, since the volunteers for that are not in yet. Would be useless, since even the board in still in development state, so there is nothing to assemble. For what it is worth, btcfpga or bfl, they both have my sympathy, the one that can deliver new orders faster or even off-the-shelf first, gets my next order(s).

Nooooo, my secret identity.

They are indeed, SLok, they are indeed. Only it's not the people asking questions who are the trolls.

Unless you whine to the mods 

You really believe anyone asking now when asic will come, like the OP, is not a troll? The hardware/custom hardware sections here are safe troll havens.

I know, it's getting so that I don't even want to click on any new threads in Hardware/Custom Hardware. 

For god sakes people, use the search function and see that there's a few thousand threads already on this, you don't need to start a new one.

It's a SCAM! Your Captain Obvious.

Like a broken record in these forums: People always forget to mention the year.

I assume you mean 1 December 2013? Or 2014?

I have a bet that BFL won't ship ASICS to end users before 1 December.  Despite having a BFL order I hope they don't disappoint me and ship something in November.

Like a broken record in these forums. Can we please move on?

if i recall correctoy, late october was the date ...
still waiting...