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Topic: BitForce SC - full custom ASIC - page 21. (Read 52532 times)

full member
Activity: 209
Merit: 100
May 30, 2012, 12:01:32 AM
Anybody know the estimated shipping date?  Wink

with BFL's track record probably a year from now =p just think of it this way the last time it took what like 9 months or more(I don't remember) to get their first units out.... and they just had to design and test the pcb/software this time they have to design and test the actual ASIC, pcb and software
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 11:52:42 PM
Anybody know the estimated shipping date?  Wink

4-6 weeks.

Lol @ those of who who browse the forums without troll detectors and are all  Shocked Shocked Shocked
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
May 29, 2012, 11:52:00 PM
Anybody know the estimated shipping date?  Wink

4-6 weeks.
hero member
Activity: 560
Merit: 500
Ad astra.
May 29, 2012, 11:44:19 PM
Anybody know the estimated shipping date?  Wink

The published or the actual? Far different things, at least if BFL's record holds true.
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
May 29, 2012, 11:40:32 PM
Anybody know the estimated shipping date?  Wink
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 11:39:55 PM
my concern is if you could deliver your products from inside EU (Europe).

I have said this MULTIPLE times.

It is the only thing preventing me emptying out my bank account with BFL products Kiss

For 5% and shipping, I'd be happy to forward them to you guys.

was thinkin the same thing...

Dibs!
hero member
Activity: 560
Merit: 500
Ad astra.
May 29, 2012, 11:37:40 PM
...because of my plans for utilizing it Wink

I hope you didn't misinterpret that as me planning to work (italics incoming) against the network. I'm going to throw all the hashes I get a hold of towards the good of the network, always.

Just another reason not to mine at Deeppit. Nothing against deepbit's owner, but I personally think the top three pools should be split up, through whatever means. They simply have too much possible influence on the development of Bitcoin.

I don't think you meant what that sounded like, you might want to change it.
hero member
Activity: 560
Merit: 500
Ad astra.
May 29, 2012, 11:36:57 PM
you explained it all with one vague sentance that means nothing and you used ITALICS!

And you used all caps, italics give the same emphasis while being much less garish.

At the point we are with Bitcoin, with the emergence of ASIC based Bitcoin miners there is a HUGE opportunity available for those who are able and willing to ABUSE the Bitcoin network, and reap incredible profits doing so.

And that is why this is absolutely essential! The software may be closed, but the hardware will be released to the public, which is the far more important part. This, while not as good for the network is OpenASIC, is much better than the potential alternative - someone privately manufacturing ASICs and controlling a larger-than-healthy percentage of the network. That I certainly would rather avoid.

We need a true "OpenASIC" type solution in order for ASIC based miners to be a healthy addition to the network and BFL is not the company to offer it.

They are a for-profit Business and to expect them to be anything but that is insanity.

Business != Evil, Good for Business != Bad for Bitcoin, and For-Profit != Bad. Businesses supported by Bitcoin are extremely unlikely to kill it.

If you really want to see ASIC be a part of the future of the Bitcoin network go invest in that solution, dont buy miners from any for-profit outfit such as BFL - because something like OpenASIC is really the only chance for this to work and be truly beneficial to the Bitcoin network and anyone who does not understand that does not understand the power and (ill use italics this time) the THREAT that ASIC based miners have the potential to pose.

I fully support OpenASIC, but that doesn't mean BFL/for-profit outfits is/are evil and will take over the network, world, etcetera.

More importantly, and I cannot emphasize this enough, this is far better than the alternative of someone creating a private ASIC Bitcoin-doomsday machine.

You guys are the best, have a great night .

Smiley

You too! Enjoy sleeping while we take over the network with ASICs! Wink
legendary
Activity: 1778
Merit: 1008
May 29, 2012, 11:36:02 PM
my concern is if you could deliver your products from inside EU (Europe).

I have said this MULTIPLE times.

It is the only thing preventing me emptying out my bank account with BFL products Kiss

For 5% and shipping, I'd be happy to forward them to you guys.

was thinkin the same thing...
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 11:35:44 PM
...because of my plans for utilizing it Wink

I hope you didn't misinterpret that as me planning to work (italics incoming) against the network. I'm going to throw all the hashes I get a hold of towards the good of the network, always.

Just another reason not to mine at Deeppit. Nothing against deepbit's owner, but I personally think the top three pools should be split up, through whatever means. They simply have too much possible influence on the development of Bitcoin.
legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 11:30:02 PM
you explained it all with one vague sentance that means nothing and you used ITALICS!

You should go to the bank tomarrow, mortage your house and invest in BFL ASICs.

If I had a house I wouldn't do that, reverse mortgages are, bluntly, idiotic, unless you absolutely need the money. I sincerely hope you're using unhumourous sarcasm.

I was simply stating that their ASIC line will be successful, partly because of my plans for utilizing it Wink

Mortgaging or remortgaging your house is a very different thing than a reverse mortgage.

Ahh, maybe I should spend more than two seconds reading things like that Tongue
legendary
Activity: 1274
Merit: 1004
May 29, 2012, 11:26:51 PM
you explained it all with one vague sentance that means nothing and you used ITALICS!

You should go to the bank tomarrow, mortage your house and invest in BFL ASICs.

If I had a house I wouldn't do that, reverse mortgages are, bluntly, idiotic, unless you absolutely need the money. I sincerely hope you're using unhumourous sarcasm.

I was simply stating that their ASIC line will be successful, partly because of my plans for utilizing it Wink

Mortgaging or remortgaging your house is a very different thing than a reverse mortgage.
hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
May 29, 2012, 11:24:58 PM
btw:

yes I am messing with you (it is late for me been working since 6am)but I just have to point out that your explanation also supports the abuse of the Bitcoin network by ASICs

that is the primary lesson I am trying to express here that I want anyone and everyone who reads this thread to take away with them.


At the point we are with Bitcoin, with the emergence of ASIC based Bitcoin miners there is a HUGE opportunity available for those who are able and willing to ABUSE the Bitcoin network, and reap incredible profits doing so.

This is a warning from one friend to another and if you take nothing else from my post tonight take this:

We need a true "OpenASIC" type solution in order for ASIC based miners to be a healthy addition to the network and BFL is not the company to offer it.

They are a for-profit Business and to expect them to be anything but that is insanity.



If you really want to see ASIC be a part of the future of the Bitcoin network go invest in that solution, dont buy miners from any for-profit outfit such as BFL - because something like OpenASIC is really the only chance for this to work and be truly beneficial to the Bitcoin network and anyone who does not understand that does not understand the power and (ill use italics this time) the THREAT that ASIC based miners have the potential to pose.

You guys are the best, have a great night .

Smiley

-Tom


legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 11:20:03 PM
you explained it all with one vague sentance that means nothing and you used ITALICS!

You should go to the bank tomarrow, mortage your house and invest in BFL ASICs.

If I had a house I wouldn't do that, reverse mortgages are, bluntly, idiotic, unless you absolutely need the money. I sincerely hope you're using unhumourous sarcasm.

I was simply stating that their ASIC line will be successful, partly because of my plans for utilizing it Wink
hero member
Activity: 924
Merit: 506
May 29, 2012, 11:17:19 PM
[...]
BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices.

My question is this:

how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income.

How is that possible? How is it Not complete bullshit?

Please I want to see who can answer this, and what they will say Wink

Easy enough I think. They are not refunding you money, but giving you credit towards purchasing their newer models. They will have a much higher profit margin on the ASIC systems. And it is good business to keep past customers by not pissing them off right after selling them products so soon outdated. And the chips in the sinles and mini systems are high end chips that can be sold or used.
hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
May 29, 2012, 11:12:05 PM
I already pointed out that BFL and other ASIC manufacturers are a potential competitor to what I am doing now, please read my second to last post and you will see it, this is not some sort of half-assed attempt to down play the competition. I can also point out to you that I own the domain name bitcoinasic.com and have just as much the resources and connections as any other player on this forum to develop and sell an ASIC based product.

The truth is I am weary of BFL and others that have already begun to design and test ASIC based miners, these others I am not going to call by name but if you look around you can find them.

I am not going to make any accusations here, but I propose a question to the community.

BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices.

My question is this:

how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income.

How is that possible? How is it Not complete bullshit?

Please I want to see who can answer this, and what they will say Wink

This is not the case. They're offering trade-in credit, not actual money. Think of it as similar to the difference between a gift card and cash.

There are many ways in which this could be viable. As rjk pointed out, BFL could use the singles for another purpose. They could resell them on another market. They could resell them to Bitcoin miners at a discount. They could even just mine with them.

Also consider the upsides of this scheme. Single purchasers who won't be getting theirs for another month or two would otherwise be furious. Mini rig purchasers certainly would. Most importantly, this will drive ASIC sales. More likely than not BFL will have a high profit margin on the ASIC, enough that even with a trade-in of one or two Singles per ASIC the sale would still be profitable.

They will probably be the first selling Bitcoin specific ASICs, which means their profit margin is whatever they want it to be, within reason, of course. They will easily regain lost revenue with this campaign.

you explained it all with one vague sentance that means nothing and you used ITALICS!

You should go to the bank tomarrow, mortage your house and invest in BFL ASICs.


next...

legendary
Activity: 938
Merit: 1000
What's a GPU?
May 29, 2012, 09:48:02 PM
I already pointed out that BFL and other ASIC manufacturers are a potential competitor to what I am doing now, please read my second to last post and you will see it, this is not some sort of half-assed attempt to down play the competition. I can also point out to you that I own the domain name bitcoinasic.com and have just as much the resources and connections as any other player on this forum to develop and sell an ASIC based product.

The truth is I am weary of BFL and others that have already begun to design and test ASIC based miners, these others I am not going to call by name but if you look around you can find them.

I am not going to make any accusations here, but I propose a question to the community.

BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices.

My question is this:

how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income.

How is that possible? How is it Not complete bullshit?

Please I want to see who can answer this, and what they will say Wink

This is not the case. They're offering trade-in credit, not actual money. Think of it as similar to the difference between a gift card and cash.

There are many ways in which this could be viable. As rjk pointed out, BFL could use the singles for another purpose. They could resell them on another market. They could resell them to Bitcoin miners at a discount. They could even just mine with them.

Also consider the upsides of this scheme. Single purchasers who won't be getting theirs for another month or two would otherwise be furious. Mini rig purchasers certainly would. Most importantly, this will drive ASIC sales. More likely than not BFL will have a high profit margin on the ASIC, enough that even with a trade-in of one or two Singles per ASIC the sale would still be profitable.

They will probably be the first selling Bitcoin specific ASICs, which means their profit margin is whatever they want it to be, within reason, of course. They will easily regain lost revenue with this campaign.
hero member
Activity: 560
Merit: 500
Ad astra.
May 29, 2012, 09:42:52 PM
I already pointed out that BFL and other ASIC manufacturers are a potential competitor to what I am doing now, please read my second to last post and you will see it, this is not some sort of half-assed attempt to down play the competition. I can also point out to you that I own the domain name bitcoinasic.com and have just as much the resources and connections as any other player on this forum to develop and sell an ASIC based product.

The truth is I am weary of BFL and others that have already begun to design and test ASIC based miners, these others I am not going to call by name but if you look around you can find them.

I am not going to make any accusations here, but I propose a question to the community.

BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices.

My question is this:

how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income.

How is that possible? How is it Not complete bullshit?

Please I want to see who can answer this, and what they will say Wink

This is not the case. They're offering trade-in credit, not actual money. Think of it as similar to the difference between a gift card and cash.

There are many ways in which this could be viable. As rjk pointed out, BFL could use the singles for another purpose. They could resell them on another market. They could resell them to Bitcoin miners at a discount. They could even just mine with them.

Also consider the upsides of this scheme. Single purchasers who won't be getting theirs for another month or two would otherwise be furious. Mini rig purchasers certainly would. Most importantly, this will drive ASIC sales. More likely than not BFL will have a high profit margin on the ASIC, enough that even with a trade-in of one or two Singles per ASIC the sale would still be profitable.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
May 29, 2012, 09:37:24 PM
My best guess is because since the Singles are reprogrammable, they plan to use them all over again in some unrelated application. Even if the chips are kind of ancient, they are high performance.
hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
May 29, 2012, 09:34:05 PM
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