Kablam!
News reports that CoinTerra's new offering is both competitively priced and is cheaper than a BFL Monarch.
CoinTerra Introduces Two Low-Cost Bitcoin ASIC Mining Solutions | CoinTerra
Cointerra : now less than $3 per GH...
Source: https://forums.butterflylabs.com/bfl-forum-miscellaneous/4839-cointerra-now-less-than-%243-per-gh.html
The Story Link: http://thegenesisblock.com/cointerra-and-hashfast-sell-17m-of-bitcoin-miners-open-second-batch-sales/
Topic: BFL announces 28nm 600GH/S blade for $4680 - page 3. (Read 41048 times)
They dont even have a real rendering of what it will look like yet and its already out of date (that GPU they call a "Miner" doesn't count)
Wow. I am going to enjoy watching Butterfly Labs and their Monarch go under.
Wow. I am going to enjoy watching Butterfly Labs and their Monarch go under.
This is probably going to affect BFL sales (especially considering BFL is always late)
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail
Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.
Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.
Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...
This is what they have to do to keep up with the difficulty increases and give a positive ROI before the cost of electricity exceeds the revenue the device makes. There is plenty of margin in these things when you look at the components used vs the sell price.http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail
Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.
Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.
Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...
This is probably going to affect BFL sales (especially considering BFL is always late)
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail
Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.
Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.
Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...
http://www.finextra.com/News/Announcement.aspx?pressreleaseid=51605&topic=retail
Snippet
Scheduled for delivery in early January 2014 and powered by CoinTerra's proprietary high-performance GoldStrike1™ ASIC, the new 1 TH/s TerraMiner™ II will retail for $3499 as an entry-level Bitcoin mining solution designed for the best price/performance ratio in the industry.
Previously announced as the first 2 TH/s professional Bitcoin miner, CoinTerra has announced a major price reduction for the TerraMiner IV to an astonishing $5999 for January delivery to customers. This makes CoinTerra the first Bitcoin hardware company to break the $3 per Gigahash barrier.
Now, compare that to 600Gh/s for $4680... ($7.80 per Ghash)
Cointerra is less than half price...
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.
They will just put other misleading information in. Their Google+ page is hilariously wrong.
BFL probably doesn't realize that Google keeps all their deleted Google+ posts. When they do land in court, a lot of that nonsense is going to sting.
Who else here has noticed that Butterfly Labs has been falsely advertising their planned 28nm product as decisively better than what actual competition offers?
Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :
BFL Monarch $7.80/GH @ 0.6W/GH ---- "The Competition": at least $17.50/GH @ 2.5W/GH
This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)
On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.
Simple enough:Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :
BFL Monarch $7.80/GH @ 0.6W/GH ---- "The Competition": at least $17.50/GH @ 2.5W/GH
This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)
On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.
BFL Monarch $7.80/GH @ 0.6W/GH ---- "The Competition": at least $17.50/GH @ 2.5W/GH (As of
Who else here has noticed that Butterfly Labs has been falsely advertising their planned 28nm product as decisively better than what actual competition offers?
Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :
BFL Monarch $7.80/GH @ 0.6W/GH ---- "The Competition": at least $17.50/GH @ 2.5W/GH
This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)
On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.
Listed on BFL's website's 28nm product page (http://www.butterflylabs.com/monarch/) :
BFL Monarch $7.80/GH @ 0.6W/GH ---- "The Competition": at least $17.50/GH @ 2.5W/GH
This seems based on old KNC numbers, but those have changed. Regardless, since a while now, others have already listed as competitive and even better deals.
Cointerra's product plan is advertised as $6.99/GH at 0.55W/GH (http://cointerra.com/product/terraminer-iv-2ths/)
HashFast is $14/GH @ 0.9W/GH with a guarantee 90 day to help ROI for pre-orders (https://hashfast.com/shop/babyjet/)
KNC is now $12.5/GH @ 1.6W/GH. (https://www.kncminer.com/categories/miners/)
On top of all this, BFL is expected to be one of the later shippers of 28nm. It's nice not to be in the BFL pre-order que for 28nm.
How long before they change that bit of misleading information on their website? It's been that way since the Monarch hype started.
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
The monarch card they showed the CGI rendering of would never be able to dissipate 350W. And it had the wrong fucking edge connector. That's obvious evidence they just slapped up an image in some 3D graphics program and clearly don't have a working board design.
Of course the pic is not prototype. I remember first Jalapeno picture looked like external HDD. I guess picture = more preorders
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
The monarch card they showed the CGI rendering of would never be able to dissipate 350W. And it had the wrong fucking edge connector. That's obvious evidence they just slapped up an image in some 3D graphics program and clearly don't have a working board design.
Everyone agrees the image on the page is lame. It doesn't clearly show they don't have a working board design though.
If they did they would have included it in the image in some way or other.
Seems silly not to. But given BFLs way of doing business, it doesn't surprise me the lengths they are willing to go (in being scumbags) to make a profit.
Little Update
I don't have received answer from BFL
I have contacted Paypal today for a complaint, but they sad they cannot do anything because 45 days have passed
Next step for me is contacting french DGCCRF (fraud repression) and my bank to chargeback Credit card transaction (because paypal is linked to my bank credit card)
keep you updated
I don't have received answer from BFL
I have contacted Paypal today for a complaint, but they sad they cannot do anything because 45 days have passed
Next step for me is contacting french DGCCRF (fraud repression) and my bank to chargeback Credit card transaction (because paypal is linked to my bank credit card)
keep you updated
Ouais c'est ça...vas-y...contacte la DGCCRF...
Après explique leur que tu ne t'es pas acquitté de toutes tes plus-values mobilières effectué en minant/revendant.
==> http://vosdroits.service-public.fr/particuliers/F21618.xhtml#N1018C
Et apprend à lire aussi....quand j'ai acheté chez Butterfly il y avait déjà le "NO refunds"
A moins de pas avoir de cerveau...
Sorry guys for this French interlude, but this noob try to contact French DGCCRF (some sort of FCC but also in charge about Transactionnal tax, Gain market fraud, etc, etc...)
Guess someone shortly had to explain why he doesn't pay the "gain market taxes" when mining/reselling on exchange...
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
The monarch card they showed the CGI rendering of would never be able to dissipate 350W. And it had the wrong fucking edge connector. That's obvious evidence they just slapped up an image in some 3D graphics program and clearly don't have a working board design.
Everyone agrees the image on the page is lame. It doesn't clearly show they don't have a working board design though.
The point is they make A CLAIM THEY HAVE TO PROVE IT. That is the minimum standard I suggest we have in this forum for posting in Custom Hardware not imaginary vapourware. If they have any evidence then provide it otherwise this should be removed.
Just to try to draw a comparison: Would you consider the PS4 vaporware? Hundreds of millions in preorders for that box and no one has seen all the secrets inside yet.
The PS4 is a great example. Sony has a track record of releasing several generations of consoles, so there's not much risk that they won't release the PS4 near the scheduled date and specs. Prototypes have been demostrated in the public at numerous shows. 3rd party developers have confirmed the console exists and are working on games for it. The product already exists. It's not just a sketch on a napkin.
http://www.intomobile.com/2013/08/20/walmart-begin-ps4-and-xbox-one-preorders-august-24th/
Snag a pre-order for 10% down. That's how pre-orders should work.
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
The monarch card they showed the CGI rendering of would never be able to dissipate 350W. And it had the wrong fucking edge connector. That's obvious evidence they just slapped up an image in some 3D graphics program and clearly don't have a working board design.
Everyone agrees the image on the page is lame. It doesn't clearly show they don't have a working board design though.
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
The monarch card they showed the CGI rendering of would never be able to dissipate 350W. And it had the wrong fucking edge connector. That's obvious evidence they just slapped up an image in some 3D graphics program and clearly don't have a working board design.
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
I asked you what is the STANDARD... you are talking about other fabricators.
BFL has no evidence, is that sufficient to post in Custom Hardware? No, I would say it that it is not.
i am not evading the point. You argued my position for me above. You have no way to know what exists or not. You _think_ there isn't anything. You don't _know_. The company does ship product (yes, late, not the same specs, all the crappy stuff they have done) so there is room to believe they could be doing this. And yes, room to believe they aren't because of the terrible track record. But no way to know for sure.
A picture and specifications pulled from the air is unacceptable as CUSTOM HARDWARE in my opinion. I can could post a picture and give you a song and dance about the specs. When I post about a hub I had a schematic for the hub. When I posted information about a USB Bitfury Miner I posted a prototype board... isn't that the standard we want?
I have NOT SEE ANYTHING...
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I have NOT SEE ANYTHING...
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I'd say that most of the things sold or talked about here really aren't 'custom' hardware. Avalon - no, BFL - No, KNC - no. I'd say that the Mr Teal and Lucko boards are...
Stop evading the point. BFL's Monarch is pure fantasy. It doesn't belong in mining at all. It is speculation it is vapourware.
A picture and specifications pulled from the air is unacceptable as CUSTOM HARDWARE in my opinion. I can could post a picture and give you a song and dance about the specs. When I post about a hub I had a schematic for the hub. When I posted information about a USB Bitfury Miner I posted a prototype board... isn't that the standard we want?
I have NOT SEE ANYTHING...
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I have NOT SEE ANYTHING...
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I'd say that most of the things sold or talked about here really aren't 'custom' hardware. Avalon - no, BFL - No, KNC - no. I'd say that the Mr Teal and Lucko boards are...
A picture and specifications pulled from the air is unacceptable as CUSTOM HARDWARE in my opinion. I can post a picture and give you a song and dance about the specs. When I post about a 50 port hub I had a actual schematic for that hub. When I posted information about a USB Bitfury Miner I posted a prototype board... isn't that the standard we want?
I have NOT SEEN ANYTHING POSTED so there is NOTHING THAT EXISTS.
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I submit that BFL is talking about a cosmic teapot not an actual product. If you have something then prove it.
I have NOT SEEN ANYTHING POSTED so there is NOTHING THAT EXISTS.
There is a TEAPOT flying in orbit behind the moon. Who has the BURDEN of proof?
BFL has to prove they have SOMETHING or this stuff needs to moved to off topic or speculation. Waste of space otherwise.
I submit that BFL is talking about a cosmic teapot not an actual product. If you have something then prove it.
Code:
Russell's teapot, sometimes called the celestial teapot or cosmic teapot,
is an analogy first coined by the philosopher Bertrand Russell (1872–1970) to
illustrate that the philosophic burden of proof lies upon a person making scientifically
unfalsifiable claims rather than shifting the burden of proof to others, specifically in the
case of religion. Russell wrote that if he claims that a teapot orbits the Sun somewhere
in space between the Earth and Mars, it is nonsensical for him to expect others to
believe him on the grounds that they cannot prove him wrong. Russell's teapot is still
referred to in discussions concerning the existence of God.
I cant remember the last time I have seen schematics for a TV, or a refrigerator, or a new video card, or a car, or a Blu Ray player or... I think you get the point. Companies sell you a product. They don't give you a PCB diagram before they sell it to you.
The fact there is a DESIGN before they even prototype that means something... there is NOTHING here absolutely NOTHING why are we all accepting that this is going to ship at all... there is NO EVIDENCE it will even get off the design table.
How do you know there is nothing?
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