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Topic: BFL ASIC Announcement - Truth or Troll ? - The LONG CON just got longer - page 4. (Read 5788 times)

sr. member
Activity: 462
Merit: 250
I heart thebaron
less wait time and more BFL ASICs for me then!

There's nothing wrong with that. As long as you are not buying these under any illusions of 'a deal' and are thinking clearly.
They are not doing YOU any favors. You are doing it all for them.....

Their sale's pitch has sucked in more than a few, who haven't thought this through entirely.
legendary
Activity: 1400
Merit: 1005
That's ok that you're fearful - less wait time and more BFL ASICs for me then!
sr. member
Activity: 462
Merit: 250
I heart thebaron
Too many people are jumping right into BFL's arms, BLINDLY.

Not enough questions are being asked and not enough answered.

The Trade-Up program is going to create a HUGE shit storm in the end, because people just don't realize that once they buy a BFL unit with future hopes of this 'Upgrade' that they are basically signing up to be a 'BFL Bitch' for the long run....
sr. member
Activity: 336
Merit: 250
^^^ Very good post ^^^
sr. member
Activity: 462
Merit: 250
I heart thebaron
I can't wait for BFL to release all of their Rules and Regulations...ie...the FINE PRINT, in regards to their 'Trade Up Program' when all is said and done.

Sure, you might be getting 100% of your Single or Mini-Rig's value credited towards ASIC hardware, but if for 1 second you believe that BFL won't be using this as a way to get MORE money out of you....then you have another thing coming.

What do I mean ?

Well, let's lay out the hardware first...

Current Gen:
- Bitforce Single, 840 MH/s @ 599 USD
- Bitforce Mini-Rig, 25 GH/s @ $15,000 USD

Next Gen:
- BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
- BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
- BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

For those miners that might not want to make the jump into a $30,000 ASIC Mini-RIG, that are currently Bitforce Mini-Rig Owners...and simply want a small increase in performance....GOOD LUCK
.
Since reading the BFL Press Release, if you think it will be as easy as trading your current Bitforce Mini-Rig @ $15,000 straight across for, say, 11x SC ASIC Singles and a couple of Jalapenos to make up the difference in price, or that your current Bitforce Single will be able to be traded 'UP' to a small handful of ASIC Jalapenos straight across, or enough to make up your 'price credit'...... - THINK AGAIN.


Here's how I think the 'Last Nail in the Coffin' will play out...
The Jalapeno will be sold outright, new purchases ONLY.
The Bitforce Singles (current) will ONLY be accepted for 'Trade-Up' against the purchase of a $1300 SC Singles (they get another $700 out of you)....
The Mini Rigs will ONLY be accepted for 'Trade-Up' against the purchase of a $30,000 SC Mini-Rig (yes, they will get another $15,000 out of you).

..AND I believe this will ONLY be a 1:1 trade-up Ratio. So, no trading in 2x current Bitforce Mini-Rigs for a single ASIC Mini-Rig etc..... THEY WANT MORE OF YOUR MONEY and have put you in a LOSE/LOSE POSITION....

I wish everyone the best of luck with the 'Trade-Up' Program....YOU WILL NEED IT....ALONG WITH MUCH DEEPER POCKETS.

Looks like the 'Long Con' can play out a number of ways.....BFL just guaranteed themselves a steady income stream for the next 2+ years and no one can do anything about it. Either keep your current BFL hardware when it's slow and useless OR BE FORCED TO SPEND MORE (not given a choice) BEING FORCED to continue paying them...

Good Luck to everyone.
legendary
Activity: 1012
Merit: 1000
BFL could easily silence all of us up by showing a hint of some proof.  But they can't because there is none.  Notice Inaba and Gigavps are (smartly) keeping their mouths shut this time.
full member
Activity: 157
Merit: 100
The poll would be more useful with an option to choose "Not enough information available to predict" or even "I don't have enough expertise to make an informed judgement."
sr. member
Activity: 462
Merit: 250
I heart thebaron
It's become quite obvious that lately, BFL's 'Heat' has been taken away by Enterpoint, a REAL FPGA & ASIC Manufacturer.

This can be seen as of late in how BFL have resorted to public Trolling.

I personally believe that BFL's recent 'Press Release' was nothing more than FUD to scare the community away from competing FPGAs and boost their own sales with a combination of that same FUD and their 'Trade-Up' program.
No timeline, not even an update on their own site.

It was also demonstrated by another forum member that a Yahoo Press Release isn't THAT difficult to get up on the web, with little or NO facts backing it up.

What do you think ?

(ps. Yes, I am a TROLL for starting this POLL....lol)

-------------------------------------------------------------------------------------------------------------------

I can't wait for BFL to release all of their Rules and Regulations...ie...the FINE PRINT, in regards to their 'Trade Up Program' when all is said and done.

Sure, you might be getting 100% of your Single or Mini-Rig's value credited towards ASIC hardware, but if for 1 second you believe that BFL won't be using this as a way to get MORE money out of you....then you have another thing coming.

What do I mean ?

Well, let's lay out the hardware first...

Current Gen:
- Bitforce Single, 840 MH/s @ 599 USD
- Bitforce Mini-Rig, 25 GH/s @ $15,000 USD

Next Gen:
- BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
- BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
- BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

For those miners that might not want to make the jump into a $30,000 ASIC Mini-RIG, that are currently Bitforce Mini-Rig Owners...and simply want a small increase in performance....GOOD LUCK
.
Since reading the BFL Press Release, if you think it will be as easy as trading your current Bitforce Mini-Rig @ $15,000 straight across for, say, 11x SC ASIC Singles and a couple of Jalapenos to make up the difference in price, or that your current Bitforce Single will be able to be traded 'UP' to a small handful of ASIC Jalapenos straight across, or enough to make up your 'price credit'...... - THINK AGAIN.


Here's how I think the 'Last Nail in the Coffin' will play out...
The Jalapeno will be sold outright, new purchases ONLY.
The Bitforce Singles (current) will ONLY be accepted for 'Trade-Up' against the purchase of a $1300 SC Singles (they get another $700 out of you)....
The Mini Rigs will ONLY be accepted for 'Trade-Up' against the purchase of a $30,000 SC Mini-Rig (yes, they will get another $15,000 out of you).

..AND I believe this will ONLY be a 1:1 trade-up Ratio. So, no trading in 2x current Bitforce Mini-Rigs for a single ASIC Mini-Rig etc..... THEY WANT MORE OF YOUR MONEY and have put you in a LOSE/LOSE POSITION....

I wish everyone the best of luck with the 'Trade-Up' Program....YOU WILL NEED IT....ALONG WITH MUCH DEEPER POCKETS.

Looks like the 'Long Con' can play out a number of ways.....BFL just guaranteed themselves a steady income stream for the next 2+ years and no one can do anything about it. Either keep your current BFL hardware when it's slow and useless OR BE FORCED TO SPEND MORE (not given a choice) BEING FORCED to continue paying them...

Good Luck to everyone.
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