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Topic: BFL Announces 600GH/s 28nm PCIe Mining Card - page 2. (Read 5669 times)

full member
Activity: 238
Merit: 100
Second, I pre-ordered multiple Singles knowing they would not be delivered when expected. I didn't expect a 12 month wait, but I did account for delays and setbacks when I did my profit calculations. Here is no different. I would not be surprised to see a March delivery. As long as you're realistic and take their timelines with a grain of salt, I think it can still be a good deal. However, their announcement did seem to indicate that they are MUCH farther along in the development than they were when they announced the SC Singles. It sounds like they've already got chips designed and in production. As someone else mentioned earlier, they don't have to worry about PSUs, another setback in the current product line.

You could order from KnC and get your unit in October and have it fully paid off by December or you could pay half as much and sit around for 6 months and get a monarch at a point in time where you make 5% of it's purchase cost per month.

As far as their hardware goes 350W in a PCIe Card?  It's insanity.  AMD has had huge delays on their top of the line cards due to thermal issues. But a GPU doesn't lose it's value if it's 6 months late (at least not for gaming)

If they were doing a $1k, 87W card I wouldn't doubt they'd be able to ship on time, but their proposal is insanity.
legendary
Activity: 910
Merit: 1000
The question in all this is whether they will again underestimate the heat problem and fail to meet the design that they've announced -- as happened with the Jalapeno and Mini Rig.

We just don't know why someone wants to open a thread on Butterfly when it is consider a Scam.

Because of the news: Butterfly Labs wants to migrate pre-orders to the Monarch, a poisonous insect to most other creatures.



I really doubt Josh et al got the irony of the name of their new progeny, and if they did, they are meaner than a bag full of pissed off skunks.

I am sure they hope that Monarch kills everything else off. If they deliver Monarch it will (nothing out there today matches the price/performance)... but they have to deliver and we all know how thin that ice is.
hero member
Activity: 518
Merit: 500
The question in all this is whether they will again underestimate the heat problem and fail to meet the design that they've announced -- as happened with the Jalapeno and Mini Rig.

We just don't know why someone wants to open a thread on Butterfly when it is consider a Scam.

Because of the news: Butterfly Labs wants to migrate pre-orders to the Monarch, a poisonous insect to most other creatures.



I really doubt Josh et al got the irony of the name of their new progeny, and if they did, they are meaner than a bag full of pissed off skunks.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
The question in all this is whether they will again underestimate the heat problem and fail to meet the design that they've announced -- as happened with the Jalapeno and Mini Rig.

We just don't know why someone wants to open a thread on Butterfly when it is consider a Scam.

Because of the news: Butterfly Labs wants to migrate pre-orders to the Monarch, a poisonous insect to most other creatures.

eve
full member
Activity: 210
Merit: 100
The question in all this is whether they will again underestimate the heat problem and fail to meet the design that they've announced -- as happened with the Jalapeno and Mini Rig.

We just don't know why someone wants to open a thread on Butterfly when it is consider a Scam.
full member
Activity: 125
Merit: 100
The question in all this is whether they will again underestimate the heat problem and fail to meet the design that they've announced -- as happened with the Jalapeno and Mini Rig.
legendary
Activity: 1190
Merit: 1000
I pre-ordered multiple ASIC SCs, and I've received most of them. The rest were ordered later, and they haven't gotten to them yet.
You received your gear too late. You would have done better to order your BTC from MtGox or BTC-E than from BFL. 85% of the people who ordered from BFL haven't received their gear at all.

Out of all the hardware being offered, this new Monarch's claimed specs seem to be the most profitable, and I don't imagine any new hardware coming along and changing that.
Really? In the next 14 months, nobody can beat a VB.NET engineer at making hardware?

(KNC is also 28nm, but it's not a full-custom chip. BitFury is a fully-custom chip, but it's only 45nm, not 28nm. Both are just starting to roll out, and neither has any units in customer's hands. Avalon or ASICMiner could die-shrink, but I don't think that will help. They'd have to redo everything to accommodate a larger, multiple-hashing-core design.)
Bitfury is already in the market. There is at least one mining concern running 40TH/s composed bitfury devices.

So they have a spotty track record, but they've always delivered. They seem to have the best product for sale (or pre-order, depending on how you look at it). Why shouldn't I buy one? Or 10?
BFL actually has the worst products for sale because time is a very large variable. Better to have a PCI card that does 300MH/s in 2010 than a PCI card that does 600GH/s in 2015.

No one? The only thing I seem to be reading in this thread is the same old bullshit I've been hearing since I started looking into them over a year and a half ago.
It was too easy. Most people don't bother to shoot fish in a barrel. I just like fish.
Plus, this is the ghetto monarch thread. Try the main thread at https://bitcointalksearch.org/topic/bfl-announces-28nm-600ghs-blade-for-4680-276692
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Everyone read this:

I have a July 15 2012 pre-order for 2 ASIC SC Singles and I still don't have them to this day. I am coming from a group buy upgrade so I can't really get a refund. I am thankful people with PayPal/Credit Cards were able to get their refunds.

Screw BFL.

Im coming from a July 10 2012 preorder for an Single and still havent received mine either, and of course we paid on the day we ordered.
Backing this post. FUCK THEM and their lies.

The fact that they go and announce this with plans to ship BEFORE THEY HAVE EVEN FINISHED THEIR CURRENT YEAR+ QUEUE IS BEYOND ME

Anyone who falls for this is fucking out of their mind.

Its the same thing they did when they announced ASIC and they have a 6 month backorder of FPGA singles.  How soon everyone forgets. sigh...
sr. member
Activity: 322
Merit: 250
Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.

See the little YouTube video I put together. Its in my signature

Was that you?

Yeah I put it together. I sought input from the community (see old posts)

I choked on my tea earlier. It was very well scripted. It appeared to convey a lot of deep rooted feeling by yourself.
I'm actually not invested in BFL but I do have the block erupter making .003 BTC/day =)

But clearly there needed to be another medium of the PSA, it really bothers me to see Butterfly Labs involved with bitcoin in such a negative way.
hero member
Activity: 532
Merit: 500
Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.

See the little YouTube video I put together. Its in my signature

Was that you?

Yeah I put it together. I sought input from the community (see old posts)

I choked on my tea earlier. It was very well scripted. It appeared to convey a lot of deep rooted feeling by yourself.
sr. member
Activity: 322
Merit: 250
Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.

See the little YouTube video I put together. Its in my signature

Was that you?

Yeah I put it together. I sought input from the community (see old posts)
hero member
Activity: 532
Merit: 500
Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.

See the little YouTube video I put together. Its in my signature

Was that you?
sr. member
Activity: 322
Merit: 250
Forget about all the tech mumbo jumbo it all boils down to a very simple statement.  By now most ASIC manufactures can self fund since they collected plenty of money over and above their costs on these 1st batches.  Also they have plenty of information regarding hash rates, possible sales price points, wholesaler demands, consumer demands and prices they are willing to pay in relation to all the other factors, etc...  So the only reason to do pre-orders now is because they think what they are getting now will be a lot more then what they possible can get if they simply built it and sold it as it is coming in.  And that's the nice business version.  The nasty version is we collect pre-order money build it and if it is worth more then what we collected we will sell a bunch out the back door or give out to friends and relatives first before starting to ship.  I would love to hear a different argument.

See the little YouTube video I put together. Its in my signature
legendary
Activity: 952
Merit: 1000
So they have a spotty track record, but they've always delivered. They seem to have the best product for sale (or pre-order, depending on how you look at it). Why shouldn't I buy one? Or 10?
No one? The only thing I seem to be reading in this thread is the same old bullshit I've been hearing since I started looking into them over a year and a half ago.
I'll bite.

Q: "Why shouldn't I buy one? Or 10?"
A: Because you have no reasonable expectation of delivery of product in a timely fashion, if we are going by well documented history. Using history is an indicator, you might theoretically be receiving your orders around this time in 2014.

Edit: ... and I am detecting the foul stench of sock-puppet on you Sad
First of all, why is anyone who doesn't say anything bad about BFL instantly accused of being a sock-puppet? I've seen it in other threads with other people, and now this. Purchasing from BFL isn't the popular thing to do around here, so it must mean that everyone who does it is just Josh trolling the forums? Yep, you caught me. I'm Josh, and I created this puppet account over a year ago, and I log in every day with (attempted) helpful posts just to confuse and annoy people. Is it working?

Second, I pre-ordered multiple Singles knowing they would not be delivered when expected. I didn't expect a 12 month wait, but I did account for delays and setbacks when I did my profit calculations. Here is no different. I would not be surprised to see a March delivery. As long as you're realistic and take their timelines with a grain of salt, I think it can still be a good deal. However, their announcement did seem to indicate that they are MUCH farther along in the development than they were when they announced the SC Singles. It sounds like they've already got chips designed and in production. As someone else mentioned earlier, they don't have to worry about PSUs, another setback in the current product line.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
So they have a spotty track record, but they've always delivered. They seem to have the best product for sale (or pre-order, depending on how you look at it). Why shouldn't I buy one? Or 10?
No one? The only thing I seem to be reading in this thread is the same old bullshit I've been hearing since I started looking into them over a year and a half ago.

 I'll bite.

Q: "Why shouldn't I buy one? Or 10?"
A: Because you have no reasonable expectation of delivery of product in a timely fashion, if we are going by well documented history. Using history is an indicator, you might theoretically be receiving your orders around this time in 2014.

Edit: ... and I am detecting the foul stench of sock-puppet on you Sad
legendary
Activity: 952
Merit: 1000
Proposed question:

I pre-ordered multiple FPGA Single, and I received them all.

I pre-ordered multiple ASIC SCs, and I've received most of them. The rest were ordered later, and they haven't gotten to them yet.

I will admit that I was contemplating ordering from KNC or BitFury, but now I'll have to reevaluate that position.

Out of all the hardware being offered, this new Monarch's claimed specs seem to be the most profitable, and I don't imagine any new hardware coming along and changing that. (KNC is also 28nm, but it's not a full-custom chip. BitFury is a fully-custom chip, but it's only 45nm, not 28nm. Both are just starting to roll out, and neither has any units in customer's hands. Avalon or ASICMiner could die-shrink, but I don't think that will help. They'd have to redo everything to accommodate a larger, multiple-hashing-core design.)

So they have a spotty track record, but they've always delivered. They seem to have the best product for sale (or pre-order, depending on how you look at it). Why shouldn't I buy one? Or 10?

No one? The only thing I seem to be reading in this thread is the same old bullshit I've been hearing since I started looking into them over a year and a half ago.
sr. member
Activity: 606
Merit: 273
BFL = Big Fucking Liars. I'm boycotting their shitty company, they are complete amatuers and scammers.
member
Activity: 96
Merit: 10
Everyone read this:

I have a July 15 2012 pre-order for 2 ASIC SC Singles and I still don't have them to this day. I am coming from a group buy upgrade so I can't really get a refund. I am thankful people with PayPal/Credit Cards were able to get their refunds.

Screw BFL.

If you want to sell your july 15 pre-order I will gladly buy them from you. Let me know.
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
like the guy up above said, it's a sound method of staying afloat when otherwise you'd go bankrupt
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