BFL's graveyard | Bitcointalksearch.org

Dargo

legendary

Activity: 1820

Merit: 1000

Quote from: Philj on June 30, 2012, 11:13:12 AM

They will hold on to them, wait for the bitcoin algorithm to change, update the bitstream,then sell them back to the same people that purchased them before.

Why sell a product once when you can sell it twice for 3x the profit.

Lol, and of course there would then be a new exchange program requiring customers to double down on their investment again!

Philj

sr. member

Activity: 388

Merit: 250

They will hold on to them, wait for the bitcoin algorithm to change, update the bitstream,then sell them back to the same people that purchased them before.

Why sell a product once when you can sell it twice for 3x the profit.

lame.duck

legendary

Activity: 1270

Merit: 1000

Quote from: n4l3hp on June 28, 2012, 11:45:45 PM

If the Singles can be reprogrammed and used for any BOINC projects out there, that will be great.

Is there a decent sized RAM on the BFL units and a high speed USB link? Without that its very unlikely that there is much use. I know they claim medical imaging but X-ray image tend to be large, Computer tomography dataset are even much larger.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Quote from: n4l3hp on June 28, 2012, 11:45:45 PM

If the Singles can be reprogrammed and used for any BOINC projects out there, that will be great.

Oh you just have to write a bitstream for a BOINC project. Dunno how many months does it take. Or years? And if the version change, tons of changes in the bitstream Cheesy

Hexadecibel

vip

Activity: 571

Merit: 504

I still <3 u Satoshi

Quote from: n4l3hp on June 28, 2012, 11:45:45 PM

If the Singles can be reprogrammed and used for any BOINC projects out there, that will be great.

THIS A MILLION TIMES!

I gots to be mapping the galaxy yo

n4l3hp

full member

Activity: 173

Merit: 100

If the Singles can be reprogrammed and used for any BOINC projects out there, that will be great.

mrb

legendary

Activity: 1512

Merit: 1028

Quote from: malevolent on June 26, 2012, 01:27:52 PM

Quote from: mrb on June 26, 2012, 12:55:50 PM

2. Develop FPGA bitstreams for the other applications that they have been listing on their site (computational research, medical imagery, etc: http://www.butterflylabs.com/drivers/ ) and resell them.

Follow the links of the other applications you mention. Wink

I know. That's my point. They have not yet developed them.

malevolent

legendary

Activity: 3472

Merit: 1722

Quote from: mrb on June 26, 2012, 12:55:50 PM

2. Develop FPGA bitstreams for the other applications that they have been listing on their site (computational research, medical imagery, etc: http://www.butterflylabs.com/drivers/ ) and resell them.

Follow the links of the other applications you mention. Wink

Luceo

sr. member

Activity: 350

Merit: 250

Per aspera ad astra!

As already discussed in this thread, the most likely event is that they will be repurposed and resold.

nedbert9

sr. member

Activity: 252

Merit: 250

Inactive

It's unlikely due to it being an operational PITA, but with an estimate of 127 TH 5 months post ASIC they could make about $6,600 per month on all of the returned FPGA units.

||bit

hero member

Activity: 924

Merit: 506

Quote from: cmg5461 on June 26, 2012, 12:37:10 PM

What will happen with the trade in program? What will they use their minirigs and singles for?

The asic pricing will make them worthless.

The ASIC hardware will have a preset date/time [a countdown] that will trigger all ASIC's to execute a self destruct or cease mining function. ASIC's will all be useless at the same time. BFL will then offer another 50% trade-in program with the timed-out ASIC hardware back to the [renewed] prior-gen FPGA hardware. Then the FPGA once named 'Singles' will be called Double, and the miniRig will earn the new title 'Phoenix' after the mythical bird that arises back from the ashes.

||bit

mrb

legendary

Activity: 1512

Merit: 1028

A few options:

1. Scrap them. This would only be a minor financial loss, as the revenues of the future SC product line will/should far surpass the revenues coming from the current gen products.
2. Develop FPGA bitstreams for the other applications that they have been listing on their site (computational research, medical imagery, etc: http://www.butterflylabs.com/drivers/ ) and resell them.
3. Mine on them until it is not profitable anymore.

ice_chill

sr. member

Activity: 336

Merit: 250

They are not only Bitcoin company, they specialize in cryptology, their initial cryptology simulations showed the Single consuming 20watt, but when they run Bitcoin mining on it, it pulled 80watt as we remember.
So they can reuse these devices in other markets.

Regarding using the boards to solder on ASIC, it was mentioned by someone that putting 30watts load on 80watts circuitry is very inefficient.

Gomeler

hero member

Activity: 697

Merit: 500

Quote from: BrimStone on June 26, 2012, 12:46:56 PM

One rumor I heard was they could replace the chips with ASIC and re-sell them.

That would require making their ASIC pin compatible with the FPGA they build their original PCBs on. Why limit yourself to these constraints when the PCB and active/passive components are cheap?

BrimStone

member

Activity: 71

Merit: 10

One rumor I heard was they could replace the chips with ASIC and re-sell them.

crazyates

legendary

Activity: 952

Merit: 1000

Quote from: cmg5461 on June 26, 2012, 12:37:10 PM

What will happen with the trade in program? What will they use their minirigs and singles for?

The asic pricing will make them worthless.

I'm assuming they can still sell the FPGA chips as used units? From what I understand those are pretty nice chips high quality FPGAs...

Gomeler

hero member

Activity: 697

Merit: 500

Well, if they bought used FPGAs for $x USD per FPGA, perhaps they can resell them for $x/2 USD or some other fraction of their original used price.

cmg5461

sr. member

Activity: 369

Merit: 250

What will happen with the trade in program? What will they use their minirigs and singles for?

The asic pricing will make them worthless.

Topic: BFL's graveyard (Read 2533 times)