Topic: BFL shipped their first single - page 2. (Read 5499 times)
So has anyone gotten an email to send their FPGA in for trade in yet?
In my opinion, BFL is decent option compared to their competition at the present moment. I know they've had issues in the past, but they fact that they are cranking out Jalapeno's is very encouraging.
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
There is one problem with your calculations. If BFL delivers their entire backlog, that could add 200-300 TH/s to the hash rate. Tripling the hash rate (even before the Avalon/Klondike wave hits in Aug/Sept/Oct). That would cut returns for BFL single & mini-rig owners by one third. If BFL does not clear their backlog, you cannot get a device ordered today from them until they do. It inserts an large element of uncertainty.
ASICminer is just gouging because they can. Currently, they are the only ASIC company that will deliver an order you place today within a week.
If you don't have 400GH/s today, tomorrow you will be feeling the pain in a very sharp way.
I assumed the block solving would speed up with the extra ASIC's ...and they have, so the profit for me is up. But...that will only last a short time and then the profits are going to belly flop on concrete.
------------------------
The people who get BFL hardware today are going to have to invest everything they make into a new order. (or accept a meager bitcoin income)
Essentially (unless their order was large) they are going to be working for BFL. Funneling their own profits back into the company in one way or another. (Same is true if they went for Avalon or ASICMiner.)
The only way out of this is to get you hands on 10k right now and dump it on a company that can turn that into a 350Gh/s miner (or two).
If you are late to the rate race eventually it will dawn on people they are going to have a hard time staying in the race. It will be self evident in the near future. ASIC prices must come down or BitCoins must revalue at a very high rate. This remains a possibility.
In my opinion, BFL is decent option compared to their competition at the present moment. I know they've had issues in the past, but they fact that they are cranking out Jalapeno's is very encouraging.
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
There is one problem with your calculations. If BFL delivers their entire backlog, that could add 200-300 TH/s to the hash rate. Tripling the hash rate (even before the Avalon/Klondike wave hits in Aug/Sept/Oct). That would cut returns for BFL single & mini-rig owners by one third. If BFL does not clear their backlog, you cannot get a device ordered today from them until they do. It inserts an large element of uncertainty.
ASICminer is just gouging because they can. Currently, they are the only ASIC company that will deliver an order you place today within a week.
I agree with k9, the only real choice is between ASICminer at $400/GH/s and BFL at $50/GH/s. The gamble everyone has to make is whether the difficulty will go up by a factor of 8 by the time you receive your product. According to the futures market (FWIW, but it's the only place you can put your money where you mouth is https://icbit.se/WebTrade/Account/Futures.aspx), it looks like that will occur after September.
If you think you can get a BFL delivery before September, then order BFL. Otherwise, ASICminer's USB thingys seem to be more profitable.
BFL devices would still be fairly profitable to operate at 3x current difficulty. I believe you need to get all the way to 10x current difficulty in order for profitability to look iffy.
They can only be profitable after they reach break-even point, which is going to be several months (or maybe even never) after the device starts mining.
I agree, but BFL offers some of the lowest cost/GH devices. If their devices aren't profitable to operate in a couple months, neither will most of the other available ASICs devices.
It does seem like there is a big bubble building in ASIC mining hardware. If the price of BTC doesn't go up, or if the cost of ASIC mining hardware doesn't go down, the future doesn't look that bright for miners.
BFL devices would still be fairly profitable to operate at 3x current difficulty. I believe you need to get all the way to 10x current difficulty in order for profitability to look iffy.
They can only be profitable after they reach break-even point, which is going to be several months (or maybe even never) after the device starts mining.
In my opinion, BFL is decent option compared to their competition at the present moment. I know they've had issues in the past, but they fact that they are cranking out Jalapeno's is very encouraging.
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
There is one problem with your calculations. If BFL delivers their entire backlog, that could add 200-300 TH/s to the hash rate. Tripling the hash rate (even before the Avalon/Klondike wave hits in Aug/Sept/Oct). That would cut returns for BFL single & mini-rig owners by one third. If BFL does not clear their backlog, you cannot get a device ordered today from them until they do. It inserts an large element of uncertainty.
ASICminer is just gouging because they can. Currently, they are the only ASIC company that will deliver an order you place today within a week.
BFL devices would still be fairly profitable to operate at 3x current difficulty. I believe you need to get all the way to 10x current difficulty in order for profitability to look iffy.
In my opinion, BFL is decent option compared to their competition at the present moment. I know they've had issues in the past, but they fact that they are cranking out Jalapeno's is very encouraging.
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
There is one problem with your calculations. If BFL delivers their entire backlog, that could add 200-300 TH/s to the hash rate. Tripling the hash rate (even before the Avalon/Klondike wave hits in Aug/Sept/Oct). That would cut returns for BFL single & mini-rig owners by one third. If BFL does not clear their backlog, you cannot get a device ordered today from them until they do. It inserts an large element of uncertainty.
ASICminer is just gouging because they can. Currently, they are the only ASIC company that will deliver an order you place today within a week.
ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
You can't compare their price to BFL's list price. BFL's price is not a real price, you have to multiply that price by the deliveries/orders ratio to get the true price of a BFL.
If I make a website selling at $1/GH/s and never deliver a single one, that doesn't make mine the best price.
In my opinion, BFL is decent option compared to their competition at the present moment. I know they've had issues in the past, but they fact that they are cranking out Jalapeno's is very encouraging.
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Lets compare them to their competition:
1.) ASICMiner - The price of their blades and usb miners is a complete ripoff that will likely never earn back what the cost in BTC (cost over $400/GHs).
2.) KNCMiner - This company looks encouraging, but they still have a long way to go before they can ship a working product. I'd give them a 50/50 shot of shipping anything in 2013 (Cost of ~22$/GHs).
3.) Avalon - All you can do at the moment is buy the chips and hope you'll be able to turn them into a working miner in a timely fashion (assembled cost and delivery unknown, but Terrahash is selling for ~50$/GHs).
4.) BitFury - I haven't been following this company that closely because I don't feel comfortable ordering anything priced in BTC from Russia.
5.) BTC - Shipping Jalapeno's, huge backlog being worked off at about the rate of 1 month per week, cost of ~$50/GHs.
6.) Buying used ASICs secondhand is also a complete ripoff with prices of Avalons going for ~$500/GHs.
You can either buy 2 USB miners from ASICMiner (600 MHs) or a 7 GHs miner from BFL for 4 BTC. If the BFL Jalapeno ships in the next 2 to 4 months, which I think will happen due to their recent performance, there is a clear winner.
I understand that some folks with early pre-orders are pissed at BFL, but if one does the math and tries to take a truly unbiased view of the current ASICs landscape, BFL is not a bad option...
Yes, 290W @ 60GH for these unbinned chips, but I am a bit more worried about the temps (around 70C).
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
Temps are fine 67C for the 60 GH/s.
http://i1284.photobucket.com/albums/a574/Lab__Rat/IMG_1157_zpsc5d4a791.jpgI like how you have to rely on some blurry image someone took my accident when filming a video for you specs on what your buying.
A real business makes their information public, the good and the bad. For example Diamond Air makes their test flights public with all the data they can gather listed right there, because they have nothing to hide.
I consider profitable anywhere from 7 to 9 bitcoins per day. Not 1.
If you don't keep upping your hashrate, you just keep earning less and less each day.
Right now, you need a good 400GH/s to earn 7 to 9 bitcoins per day. Imagine by August. Current ASICS are way overpriced. There is either going to be a huge drop in prices soon or a major disatisfaction from miners earning less than 1 btc per day. (Of course, for previous GPU owners that is an amazing amount of cash for them)
If you don't keep upping your hashrate, you just keep earning less and less each day.
Right now, you need a good 400GH/s to earn 7 to 9 bitcoins per day. Imagine by August. Current ASICS are way overpriced. There is either going to be a huge drop in prices soon or a major disatisfaction from miners earning less than 1 btc per day. (Of course, for previous GPU owners that is an amazing amount of cash for them)
Interesting part here is of course what speed they can keep on backlog. If they manage to bring all product lines up to par with current Jalapeño shipping speed (clearing a month of backlog in 4 days as of latest update) it may actually be a viable proposition to buy a SC or Sac Single even straight off the website. $1200 for 25 gh/s with delivery in say late August seems like it could actually be a ROI positive proposition.
Hey Swede -
Are you factoring the additional network hash power that would be added if BFL was able to clear out their current backlog to be capable of delivering news orders in August? Some have speculated that with the Minirigs and Singles in the pipeline it is close to 200+ TH/s (and some estimates are 500+).
Interesting part here is of course what speed they can keep on backlog. If they manage to bring all product lines up to par with current Jalapeño shipping speed (clearing a month of backlog in 4 days as of latest update) it may actually be a viable proposition to buy a SC or Sac Single even straight off the website. $1200 for 25 gh/s with delivery in say late August seems like it could actually be a ROI positive proposition.
If people have an order with BFL they should just see their own interest and not throw a wrench in the works, now that BFL is finally shipping.
If they don't have an order, then they should just mind their own business and quit playing the Unsolicited Captain Frickin Avenger, and let the others receiving their products.
My opinion also.
No need to take my word for it, just look at the list of top 10 posters: https://bitcointalk.org/index.php?action=stats
You are certainly no far behind....(BFL PR Depearment)
Funny u have a nearly full time job on the forums erk mac jerk
Then buy a 50GH/s Single not a 60GH/s unit.
Ha!
I would definitely choose a 60GH unit whatever the temps, besides, I think the temps will lower a bit while the unit is enclosed.
You're maybe right, but I am a bit obsessed you know, I keep my cards under 60C
Then buy a 50GH/s Single not a 60GH/s unit.I have never had a GPU fail at 70C, it's always the other components that fail not the GPU chip.
You're maybe right, but I am a bit obsessed you know, I keep my cards under 60C
Yes, 290W @ 60GH for these unbinned chips, but I am a bit more worried about the temps (around 70C).
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
Temps are fine 67C for the 60 GH/s.
http://i1284.photobucket.com/albums/a574/Lab__Rat/IMG_1157_zpsc5d4a791.jpg
Yes, 290W @ 60GH for these unbinned chips, but I am a bit more worried about the temps (around 70C).
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1171&gal=gallery&type=full
At the same time the unit is not enclosed, so the two big push-pull fans are not quite efficient in the image.
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1174&gal=gallery&type=full
https://forums.butterflylabs.com/dbtgallery.php?do=gallery_image&id=1171&gal=gallery&type=full
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