BFL ASIC Production Updates 2013 (Updated May 13)

PuertoLibre

legendary

Activity: 1834

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Quote from: Cablez on May 14, 2013, 10:28:26 PM

Another day, another difficulty increase and NO hardware. Such clown shoes.

What kind of person would order from BFL currently. There is hope and then there is stupid. Roll Eyes

http://www.youtube.com/watch?v=yJ1G1uRdYVc

Cablez

legendary

Activity: 1400

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I owe my soul to the Bitcoin code...

Another day, another difficulty increase and NO hardware. Such clown shoes.

What kind of person would order from BFL currently. There is hope and then there is stupid. Roll Eyes

chipd

newbie

Activity: 56

Merit: 0

Quote from: Phinnaeus Gage on May 14, 2013, 05:50:32 PM

Isn't there a single entity that can be contacted to audit their books to make sure the funds are still safe in case all moneys needed to be returned?

FTC?
https://www.ftccomplaintassistant.gov

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote from: k9quaint on May 14, 2013, 11:15:58 AM

I wonder if BFL is doing samples because they no longer have the cash to pay for a full production run.
If they are making changes to the chips (the only non-cash reason I can think of (without coffee) for still doing sample runs) then they still have to pay for a new mask and full production run. Those are pricey, and BFL may have burned all it's cash.

After all, top flight product managers don't come cheap! Grin

Chances are very good that there'll getting low on cash, for legally they can't touch a single penny of the pre-order dollars until they start shipping out en mass.

Isn't there a single entity that can be contacted to audit their books to make sure the funds are still safe in case all moneys needed to be returned?

PuertoLibre

legendary

Activity: 1834

Merit: 1003

I will give away (as a gift) 25 cents (to get a clue) to the first person who makes a thread (as a BFL shill only) that says BFL is expected to ship 500 units by May 20th.

Because, as we all know, they will ship at least that many by the 20th....right?

(Master BFL Shill)

Wepp

newbie

Activity: 48

Merit: 0

Quote from: shapemaker on May 14, 2013, 07:50:59 AM

Quote from: yxt on May 14, 2013, 07:41:15 AM

[...]

Josh is a poster child for Dunning–Kruger effect...

+1

glendall

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Activity: 2100

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Wait I haven't been following this too closely...

Didn't BFL say they were shipping, April 1st?

Wasn't there like a big bet or something that they won because they were shipping?

It seems to me like they are still trying to get a production-ready prototype designed. Wouldn't that mean they are sort of far off any sort of reasonable amount of shipping to customers?

/sarcasm set to '11'

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: Ozymandias on May 14, 2013, 12:24:26 PM

Personally I'm amazed that people still have the will to troll BFL. At this point it's not even funny what they (BFL) are doing, it's just flat out sad.

And yet people still "buy" BFL "products".

As a miner, I love BFL. If only ASICMiner had as much trouble delivering. Angry

Ozymandias

sr. member

Activity: 644

Merit: 250

Personally I'm amazed that people still have the will to troll BFL. At this point it's not even funny what they (BFL) are doing, it's just flat out sad.

miter_myles

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Activity: 742

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clown_nose_pic_of_josh.jpg

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Is this the final tailspin of BFL?

Tune in next time on DragonFly Z!

k9quaint

legendary

Activity: 1190

Merit: 1000

I wonder if BFL is doing samples because they no longer have the cash to pay for a full production run.
If they are making changes to the chips (the only non-cash reason I can think of (without coffee) for still doing sample runs) then they still have to pay for a new mask and full production run. Those are pricey, and BFL may have burned all it's cash.

After all, top flight product managers don't come cheap! Grin

Radacoin

sr. member

Activity: 255

Merit: 250

Quote from: Blue777 on May 14, 2013, 10:09:47 AM

how can i make my money back? that's the only thing what i am thinging now

Forget your lost profit. Get a refund to at least save your investment.

Blue777

sr. member

Activity: 245

Merit: 250

how can i make my money back? that's the only thing what i am thinging now

Serge

legendary

Activity: 1050

Merit: 1000

sadly they're are still in dev mode

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Should have stormed their castle, torches and pitchforks in hand, weeks ago.

shapemaker

full member

Activity: 238

Merit: 100

I run Linux on my abacus.

Quote from: yxt on May 14, 2013, 07:41:15 AM

[...]

Josh is a poster child for Dunning–Kruger effect...

yxt

legendary

Activity: 3528

Merit: 1116

Quote from: http://en.wikipedia.org/wiki/Dunning-Kruger_effect

The Dunning–Kruger effect is a cognitive bias in which unskilled individuals suffer from illusory superiority, mistakenly rating their ability much higher than average. This bias is attributed to a metacognitive inability of the unskilled to recognize their mistakes.

Actual competence may weaken self-confidence, as competent individuals may falsely assume that others have an equivalent understanding. David Dunning and Justin Kruger of Cornell University conclude, "the miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others".

Dunning and Kruger proposed that, for a given skill, incompetent people will:

   tend to overestimate their own level of skill;
   fail to recognize genuine skill in others;
   fail to recognize the extremity of their inadequacy;
   recognize and acknowledge their own previous lack of skill, if they are exposed to training for that skill.

Schrankwand

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Activity: 224

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Quote from: shapemaker on May 14, 2013, 06:56:00 AM

Quote from: Schrankwand on May 14, 2013, 06:54:47 AM

I figure that once the boards are ready and the chips are tested, this means they need approximately 8-10 weeks BEFORE they can start PRODUCTION in full.

Because that is how long it takes.

Uh oh. More bad news for BFL customers Sad

Well the other variation is they have ordered all the chips and are now sending faulty chips everywhere.

shapemaker

full member

Activity: 238

Merit: 100

I run Linux on my abacus.

Quote from: Schrankwand on May 14, 2013, 06:54:47 AM

I figure that once the boards are ready and the chips are tested, this means they need approximately 8-10 weeks BEFORE they can start PRODUCTION in full.

Because that is how long it takes.

Uh oh. More bad news for BFL customers Sad

Topic: BFL ASIC Production Updates 2013 (Updated May 13) (Read 3176 times)