Topic: Bitfury: "16nm... sales to public start shortly" - page 24. (Read 108641 times)

BITFURY

"WE WILL SELL DATACENTERS TO MLM PONZIS LIKE BITCLUB, BUT SORRY NO CHIPS FOR COMMUNITY, YOU GUYS AINT WORTH OUR TIME"


I WILL BE REPOSTING THIS, enough is enough, you guys let knc fuk you in the ass, well not me man screw bitfury. really tho,

MEH i cant expect you are any others on their dicks to realize.   ever wonder why everyone scams you all so bad?
your all a buncha no spined pussies, thats why.
fuk bitfury

i personally WOULD care who gave me the startup money a.ka. who made me rich. but thats me, i have honor and a spine,
 unlike punin and you guys.

He/Bitfury aren't full of shit. They are just doing whatever brings the most for their company. Full of shit is HashFash or cypherdoc who blatantly lied and took money for pre-orders that they never delivered. Bitfury just posted an announcement, but never took any money from us so we must give them credit for this. If they give a fuck about the forum who got them the start-up money, they don't, but life is never fair so we must move on. I bet that if you had more than 50M$ and a couple of 20-40MW datacenters you wouldn't give a fuck also about this forum so just chill

The 16nm chips are arrived to the integrators or they aren't yet? They are made or not aviable yet?

damn i KNEW i should have gotten in on that i was calling this since the bet started...
no offense dude but you are so full of shit
butfury dosent give a fuk about us and never has
everyones just too busy on your dick to admit it

just fuk off already go back to your for -profit private mining ya disappointing asshat

(eh im just mad cause that bet was easy money and i missed out but my owrds are true)

BITFURY IZ FULL OF SHIT

What bet do you think you'd win now, punin, the 1st of what month?

Well.. I know for 100% now that I will lose this bet, so please post your BTC address Kilo17 so I can settle it. 

That is the exact formula for every Bitcoin miner manufacturer... ever.

The game has moved to low power cost is king.  And effiencent gear is prince.

Something does seem amiss that we haven't seen the hash pop up for these. As far hoping... I'm not making a move until after the halving at this point. I mean what's the point if you have to pay for electricity?

yup, and def not sold, otherwise we'd be seeing a spike in hashrate and difficulty skyrocketing to infinity (of course the recent spikes could be these chips being turned off and on but I don't think that's it). These things will happen not now, but when the chips are actively sold and distributed. For now we mine and hope that these new chips will save us..

we saw them demoed on the youtube videos.  I would like to think they were real.

so by never been made I would guess you mean never made in bulk.

i still stand by believing till i see otherwise they will do the same thing they always have last 2+ years
(since their hardware initial sales gave them capital needed those years ago)

tell news btc places they support decentralization
then make their new chips
but come to the realization
"holy shit, we can't sell these for a bit, their TOO GOOD"
lets face it at the end of the day every single chip they sell works against them in overall hashrate of network
and they know that
so they will do it again. tell us their coming
but not be able to pull the trigger for smaller guys and batches of chips, as per usual
their just TOO GOOD ;\  their new chips, as always...
this is just imo... but they keep doing it....

Bitfury has existed for quite a while now, going from ~100nm chips to now apparently 14-16nm. ASICMiner was a shaky thing to begin with, and as of now Bitfury is a serious possible competitior to a company like Bitmain. It's just so odd how there is nearly no data on these chips and no documentation. They might have even never been made.

leave they alone with their inner circles. they have their agenda.

I highly doubt Bitfury will disappear for anything like the reasons ASICMiner vanished.

Also, yeah dev chips would be super. Or even just some documentation.

yes good point.  the demos were nice chips then zip nada nothing.

friedcat of asciminer had a good chip demo then poof nothing.

i do hope bitfury comes up with a chip for us to use. send out some development chips

Is this a Bitmain thread :p ...so back on topic...wth is going on with Bitfury? They have added zero hash, and this chip is nowhere to be seen...which makes me think they are having major issues with the production version of the chip/immersion board.

I made money on both my batch 1 and batch 2.

But they still owe me compensation for the Batch 1 which they will never pay.

my accounting on the batch 1 is this.

 I purchased the coins from coinbase  so the cash basis was is what matters for those two purchases

1723 + 50 = 1773 for the batch 1

1485 + 50 = 1535 for the batch 2

I sold the batch 1 for 1400  loss of 373  but it mined during the up tick in coin price and earned 1.5 coins at 480 = 640 (I sold them at 480) 

so the batch 1 I complain about netted 200 plus usd.

The batch 2 has been mining since October at free power  it has earned 4.5 coins which are worth 1900 or so

But it was how I handled the purchase of them.  I purchased the coins from coinbase.

now some would say if I buy and hold I would be better off.

I say.. I bet a horse named s-7 miner  and have more money now then before the bet.

It is true if I bet the horse named buy n hold the payoff was better.

But my choice did put me ahead. As my fiat is higher then if it just stayed in the bank.


To the guy that did all it all mining his btc  is lower.  He lost out.

The 1385 was actually a really good chip. The problem was the machine price. They were selling units at about $2k when cost was probably under $1k (including chip dev costs; easily under $400 in material costs). They could get away with it because they were the only ones selling at the time, so anyone buying had to buy from them. Same thing they did with the S4+ - it was a garbage machine with a price and efficiency about 6 months out of date, made with year-old chips they probably still had in boxes in the basement somewhere, but they sold out in a couple weeks because it was the only thing you could get if you wanted something. And then with the S7, when they realized they owned the market once again, we started seeing the models which were empirically worse than the original - fewer chips and higher clock, overall higher power consumption, lower reliability, higher operating cost and at about the same price as the original.

Blaming the BM1385 ASIC for the S7 sucking is inaccurate. Blaming Bitmain for building a miner that is unreliable (both in hardware and software; I gotta friggin' manually reboot half a dozen hosted S7 every time internet goes down for more than 30 seconds), and only capable of being run at the very top end of ASIC performance (therefore the worst efficiency, about 0.26J/GH on a chip capable of seeing 0.18J/GH if allowed), and then charging what everyone understood from the beginning was higher than breakeven cost for anyone paying more than a nickel for power, is what caused the S7 to suck. The BM1385 chip itself probably didn't cost any more to produce than the BM1382 (also a 28nm node), on the order of $1-2 per unit.

So basically, building a world-class chip with very braggable specs, then instead of utilizing those specs cheaping out on the hardware design as much as possible to ensure maximum profit for the manufacturer - both because the machine is as simple as possible to still operate and therefore cheaper to manufacture, and because with no core adjustability (and with the later batches, a stock overclock) the machine has a planned-obsolesence short finite viable lifetime.