Topic: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 289. (Read 787053 times)

I can't help but wonder what people hope to accomplish with all this bitchin'.

Starts in May when it will be just nearly worthless.

They dont say when the 25% compensation will start either...
When should we expect this promise to come to through?
Also I didnt even see matt make a public statement on the subject, just his apology (sorry if I missed it in the last 4 pages of bitching). 

Can everyone relax for a minute and take a deep breath?

I don't know what you all think you're doing here, but this game has risks in it, which you all are very much aware to.
And I'm saying it as someone who has 2 X-3 on order from November.

We all know the risks. We all know those are small companies who develop new technologies with estimations to when it will be ready.

Stop with all this bashing, going out of proportion will raise your blood pressure but it will sure not make BA deliver any faster.


I agree though, that the 25% compensation is not enough. BA has to take into some account the BTC's that we all lost.
I'm not saying they owe us the world, but we did put our faith in them, and we deserve more.

I take the risk preordering stuff, and I'm fine with that.  I've unfortunately been screwed over so many times in the Bitcoin space that I'm numb to it. 

However, this May 1st date is troubling because it seems to be based on nothing.  Someone picked a date based on all the stars aligning.  I've been to this rodeo before.  We're going to be in December before this thing launches because they are going to have all kinds of other problems they didn't foresee or prepare for.  It's BFL all over again.  Whole thing is a waste of time.  They should just have built miners with AsicMiner's chips.  Now we're all screwed.  I'm chalking this one up to a total loss.  If something shows up at my door in May, I'll be surprised.  At this point, I suspect I won't see this thing ever or when I do it'll be useless for anything excepting heating my home.

Doubtful. In the rare chance BA eventually produces a product, it will be not be competitive with all the other options in the market.  Not to mention all the lies about the schedule. It's game over for BA. There's no point in continuing the project.

Delivered in a about a week: https://bitmaintech.com/product.htm

Who cares about "next gen". That's a worthless buzzword. All that matters is profitability.

Yes, if they don't have enough hardware to do cloud mining, then a refund of a percentage of BTC spent for the items would be preferable. Another possibility I'd like to see: Take all their existing bitfury equipment off the shelf and put it into a pool for us, proportionately to our investment, starting hashing right now. This in addition to any compensation they already have agreed to or are considering.

Sad to hear about the delay, although I must admit that it's not a big surprise, given what I've seen occurring before with other companies.

I also realize that when something isn't working right and cannot be altered in time, other compromises unavoidably follow. Some customers would rather accept a quirky or less efficient product, delivered sooner (I for example, within certain limits, would prefer a less efficient miner sooner, since below a certain wattage, I produce my own electricity from solar energy at no cost) ...while other customers would prefer a more efficient product later.

Once initial promises cannot be adhered to, there also arises the trouble of some people accepting one or another proposed compromise plan... while others aren't satisfied with such arrangements. This causes hassle... negotiating, arguing, refunding orders... all of which either subtracts from work spent towards finished products, or overloads people who carry the burden of customer support.

In the current situation, I am inclined to wait. Thank you for this information. I wish it could have been released somewhat earlier. Also, thanks for the offer of 25% more hashing power when you get ready. Though I realize it may not cover the difference caused by delays, it seems acceptable and on my part, I accept it.

I hope that people at BA take all necessary measures to precisely and successfully reach distribution of products by May 1. I wish you success. Please be sufficently open about progress or setbacks. Early information helps alleviate doubts.

weeks ago we were asked if we want 20nm ASICs with 2 weeks delivery delay...   all sayed no, we want the Miners as fast as possible....

now we have 2 month delay...    will we got the better 20nm Asics or still 28nm...  

The WPC members are bit saddened by this news we were really looking forward to some Minion chips to play with and really push our board design in Feb/Mar. I do think 25% is not nearly enough of an incentive to loyal first batch buyers. That really has to be looked at again by Black Arrow the difficulty is not going to magically flatline more likely that line will shoot vertical again on the Y axis as we see more chips / miners hit the market.

Thank you for that. I know it has to be frustrating from your side as well.

Will never happen. People, collectively, will "waste" computing resources regardless. For example: http://www.distributed.net/RC5. Yes, I spent countless CPU years on that as did thousands of other people. All crypto currency is is just an extension of that which makes it possible, although not always probable, to break even on the cost of the hardware. See also SETI@home, Prime95, Folding@home, and dozens of other similar projects. You can't ignore the addiction factor, and no amount of convincing people of negative ROI will help.

+1

That's the ONLY way to save BA's reputation a little.

Just got my delay email at 11am EST.

Stop pre-ordering!  Break your addiction cycle.

How will you be successful? None of your customers will make money

I dodged two bullets here. Sold my pre-order but then changed my mind and was going to buy another guys pre-order for 2x X-3 because I got a good deal. He haven't responded in 4 days though which I am thankful for now..

I really think BA should write down the value for the customs fee's.

Feel sorry for you guys, I was hoping BA would come through in time.

I c ur point but i think batch 2 will deff be later there only saying batch 2 hasn't moved to try get the order's in it would actually be hilarious if i wasent paying for it.

Matt im not sure thats going to quite cut it. Everyone was lied to on hear BA lied to everyone
and the 25% is an insult TBH. Matt how about starting with telling everyone what the hell is
really going on they have been asking you now for week's whats happening and were on target/schedule
is what was said and then this.  Every1 who has sent there money has just been punk'ed/Rippedoff.

40 phs on the horizon, minimum announced hash rate.  Recent events suggest that it will be later than announced.

https://bitcointalksearch.org/topic/total-hashrate-forecast-q1-q2-2014-community-work-387533