BFL current state of affairs - page 9.

ninjarobot

hero member

Activity: 761

Merit: 500

Mine Silent, Mine Deep

Quote from: Inaba on August 14, 2013, 12:04:46 AM

There is no "window of opportunity." Closed or open... hashrate is hashrate, no matter when it ships.

Fair enough. But BFL is not the only one shipping and adding to the overall hash rate. So every day a customer spends in the BFL backlog they will have to compete with all order ahead of them as well as all other ASICs being deployed by the likes of ASICMiner and Avalon. The first mover advantage that made BFL attractive to customers has long gone.

Inaba

legendary

Activity: 1260

Merit: 1000

Quote from: ninjarobot on August 13, 2013, 11:55:11 PM

Quote from: Inaba on August 13, 2013, 11:52:31 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

Well sure, if you paid in USD *and* have free energy *and* live a long life. Go for it.

You miss the point. You complain that "whatever is in the backlog will never make ROI." and "BFL had their window of opportunity bit it long since closed." as if they are somehow separate issues. They aren't, which is where you don't understand (you're not alone) how bitcoin mining works. If BFL had shipped in November, difficulty would be in the same place it is now (actually, it would be much, much higher). What you and many others fail to understand is that YOUR unit is not the only unit shipping and that is the only scenario where early shipping is beneficial to YOU. Otherwise, it doesn't much matter when the shipping happens, because your relative difficulty will be functionally the same.

There is no "window of opportunity." Closed or open... hashrate is hashrate, no matter when it ships.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: Inaba on August 13, 2013, 11:52:31 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

Coming from the guy who doesn't understand the concept of answering a simple question, one that's been asked literally over 100 times since last November.

What's the latest info pertaining to the FCC certification you promised in two week back in November, 2012?

Bonus question: And why did you delete the quote?

surebet

hero member

Activity: 495

Merit: 507

Quote from: Inaba on August 13, 2013, 11:52:31 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

That was fast. Any chance of having the total amounts of units sold revealed?

FUKT

sr. member

Activity: 446

Merit: 250

Quote from: Inaba on August 13, 2013, 11:52:31 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

Shut the fuck up!

ninjarobot

hero member

Activity: 761

Merit: 500

Mine Silent, Mine Deep

Quote from: Inaba on August 13, 2013, 11:52:31 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

Well sure, if you paid in USD *and* have free energy *and* live a long life. Go for it.

Red_Wolf_2

sr. member

Activity: 252

Merit: 250

Quote from: Red_Wolf_2 on August 13, 2013, 10:09:28 PM

Well, my two jalapenos have shipped and I have tracking information. Was from a Nov 21st order.

And my only disappointment is that apparently I'm not getting a mug, due to being an international order. Ahh well!

Inaba

legendary

Activity: 1260

Merit: 1000

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Someone doesn't understand how bitcoin mining works...

ninjarobot

hero member

Activity: 761

Merit: 500

Mine Silent, Mine Deep

Quote from: powpow on August 13, 2013, 11:44:24 PM

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

I read somewhere that they were going to descend on the post office like a horde of angry locusts and ship all orders at once... This will probably happen 2 weeks from now (after difficulty goes up by another 50%)

Any truth to this? Is it discussed anywhere else?

I was just jokingly alluding to a shipping promise made at the beginning of the year Wink

Found it:
https://forums.butterflylabs.com/announcements/692-bfl-asic-status.html#post10249

Quote

Week of February 10th
We implement the 1/3 shipping plan en mass
1/3 of our assembled units will go to new orders in FIFO
1/3 of our assembled units will go to upgrade orders
1/3 will be randomly selected from both groups

We descend upon the Post Office like a horde of angry locust. DHL, UPS and FedEx send trucks.

powpow

member

Activity: 84

Merit: 10

Developer

Quote from: ninjarobot on August 13, 2013, 11:35:15 PM

I read somewhere that they were going to descend on the post office like a horde of angry locusts and ship all orders at once... This will probably happen 2 weeks from now (after difficulty goes up by another 50%)

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Any truth to this? Is it discussed anywhere else?

http://bflfraud.com/category/bfl-fraud/

ninjarobot

hero member

Activity: 761

Merit: 500

Mine Silent, Mine Deep

I read somewhere that they were going to descend on the post office like a horde of angry locusts and ship all orders at once... This will probably happen 2 weeks from now (after difficulty goes up by another 50%)

But honestly, whatever is in the backlog will never make ROI. It is a write-off folks. BFL had their window of opportunity but it has long since closed. Wonder if they are going to come out with Gen2 plans (and perhaps upgrade orders that have been in the queue for over 6 months) or just close up shop.

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: joshv06 on August 13, 2013, 10:41:42 PM

Still waiting on my SC July 15 order..

Ouch. And we just hit 50M difficulty. Let's see what an expert has to say about ROI.

Quote from: Inaba on October 16, 2012, 11:04:54 PM

I know, for my part, I would not want a device that runs at 200w at 60 GH/s - it would never see a positive ROI.

joshv06

hero member

Activity: 991

Merit: 500

Quote from: dyseac on August 13, 2013, 10:20:24 PM

Now that difficulty hit 50mill, watch mass shipping en route Grin

Still waiting on my SC July 15 order..

dyseac

member

Activity: 90

Merit: 10

Now that difficulty hit 50mill, watch mass shipping en route Grin

Red_Wolf_2

sr. member

Activity: 252

Merit: 250

Well, my two jalapenos have shipped and I have tracking information. Was from a Nov 21st order.

surebet

hero member

Activity: 495

Merit: 507

So I did some math. According to bfl.ptz.ro and the BFL blog:

Jalapeno: 3575 ordered, 788 shipped, 2787 remaining, 22.04% fulfilled.
Little single: 1230 ordered, 87 shipped, 1143 shipped, 7.07% fulfilled.
Single: 2678 ordered, 233 shipped, 2445 remaining, 8.70% fulfilled.
Mini rig: 185 ordered, 25 shipped (to Josh), 160 remaining, 13.51% fulfilled.

Plugging in their current value to weight the total fulfilment, I come to 10.99% of the order book shipped out. This most likely excludes a much more significant amount of non declared miners at the tail end of the order queue, since the general public is less likely to have known about the website.

Discuss.

Topic: BFL current state of affairs - page 9. (Read 8171 times)