We are so confident in our power consumption that we are offering up 1000 BTC to charity if we miss our power consumption targets by more than 10%. We are offering our devices at 1 watt consumed per gigahash. If our power targets end up consuming more than 1.1w of power per gigahash, we will donate 1000 BTC to charity! How is that for confidence in our power usage?
With the recent focus on power consumption, we want to reiterate that we stand behind our customers and our products. We have designed our mining equipment to be the smallest, fastest, most aesthetically pleasing and most power efficient mining device available on the planet. We guarantee that in the form of 1000 BTC! When you buy a BFL product, you know you're getting the absolute best mining device available, period.
Last month, we gave an extensive interview to Bitcoin Magazine where we shared many of the "secrets" and technical details everyone has been been waiting to see. In anticipation of the magazine's release, they've put out a couple teaser pictures of our Jalapeno and MiniRig boards.
More pictures are on the way!
1. This quote sounds like someone who had a calculator and thought "hmm if I get X amount of preorders, with Y power consumption and Z hashing power, and sell it for $A then I make billions"
2. "secrets"....that they been lying to their investors the entire time?
3. More pictures mean nothing.
4. They are so confident that they have delivered to date, VAPORWARE.
There is BFL drama on the way. Because if BFL ships a product that consumes more power than advertised it could potentially end the life of the product early, then customers will request replacements....etc, ... all I see is a grim future with their current investors once they do ship whatever they paid someone else to cook up for them and call it an ASIC.
At least from the looks of it a charity will be getting 1000BTC. That is a hefty donation.
Guess whose money that is that is going to the charity....
BFL investors' preorder money.
