Pages:
Author

Topic: Butterfly Labs Mini Rig review (Read 9255 times)

legendary
Activity: 910
Merit: 1000
July 05, 2013, 12:32:20 PM
#28
You should totally believe everything you read on the web. Its all true all the time.
full member
Activity: 210
Merit: 100
July 05, 2013, 12:26:18 PM
#27
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.



Considering you guys still aren't shipping, isn't this the crap people are getting anyway?

Figured as much. Smiley
sr. member
Activity: 280
Merit: 250
July 05, 2013, 07:55:45 AM
#26
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.






No wonder I was confused, since the MR SC was supposed to come with 2 1500W PSUs, and the one in the picture has only one.



It was explained in the article too.

Quote
This is apparently from an earlier FPGA but it will give you a good glimpse at what kind of craftsmanship you can expect from a computer that is half the average household income in the United States.

Doesn't change anything.
hero member
Activity: 574
Merit: 500
July 03, 2013, 05:34:15 PM
#25
[Edit: review is pasted below, as the following link is broken for some people]

Here is the review of the Butterfly Labs Mini Rig.

And here is where you can buy some ASICMiner shares.

Why on earth would you recommend people buy into the monopoly of BTC mining that ASICminer is / striving to be... thats fucking retarded dude!
People need to stop dealing w/ ASICminer period... its fucking apple of bitcoin mining.

See here: https://bitcointalksearch.org/topic/m.2627059
hero member
Activity: 532
Merit: 500
July 03, 2013, 04:47:23 PM
#24
[Edit: review is pasted below, as the following link is broken for some people]

Here is the review of the Butterfly Labs Mini Rig.

And here is where you can buy some ASICMiner shares.

Why on earth would you recommend people buy into the monopoly of BTC mining that ASICminer is / striving to be... thats fucking retarded dude!
People need to stop dealing w/ ASICminer period... its fucking apple of bitcoin mining.

To be fair though the ASICminer shares are the only product available with a definite ROI; of 5.4 years (as long as try remain 'competitive')...
legendary
Activity: 2450
Merit: 1002
July 03, 2013, 04:38:09 PM
#23
[Edit: review is pasted below, as the following link is broken for some people]

Here is the review of the Butterfly Labs Mini Rig.

And here is where you can buy some ASICMiner shares.

Why on earth would you recommend people buy into the monopoly of BTC mining that ASICminer is / striving to be... thats fucking retarded dude!
People need to stop dealing w/ ASICminer period... its fucking apple of bitcoin mining.
hero member
Activity: 568
Merit: 500
July 03, 2013, 04:37:06 PM
#22
So the damaged unit is new, and the unit with gaffer tape and glue customisation is the FPGA?

Did BFL really send the FPGA out in that condition, or is that someone else's handiwork??

Credit should only be where credit is due...
Read..
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.
hero member
Activity: 1162
Merit: 500
July 03, 2013, 04:36:20 PM
#21
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.

Can you please post real pics of the inner workings of your MiniRig?

The only photo of its (non existing) inner workings is this here:

hero member
Activity: 532
Merit: 500
July 03, 2013, 04:29:39 PM
#20
So the damaged unit is new, and the unit with gaffer tape and glue customisation is the FPGA?

Did BFL really send the FPGA out in that condition, or is that someone else's handiwork??

Credit should only be where credit is due...
hero member
Activity: 568
Merit: 500
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
July 03, 2013, 04:24:42 PM
#18
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.






No wonder I was confused, since the MR SC was supposed to come with 2 1500W PSUs, and the one in the picture has only one.
BFL
full member
Activity: 217
Merit: 100
July 03, 2013, 04:20:10 PM
#17
To anyone who might be misled by this post, those photos are not of a 500 GH/s BFL MiniRig.

  -  The first couple photos are of an early dev unit built with only a few boards and no control module.

  -  The second group of photos are of an FPGA mini rig prototype from 2011.




hero member
Activity: 784
Merit: 501
July 03, 2013, 04:11:45 PM
#16
Please hit me in the face with a sledge hammer when I am considering to buy from these clowns. Cheesy
hero member
Activity: 700
Merit: 500
July 03, 2013, 04:09:05 PM
#15
Quote
You could maybe chalk this up to a careless Fedex postman, but when you’re shipping something that costs as much as a mid-sized sedan, how bought putting a little more effort into packing? Dell and HP can ship bigger and heavier servers across the world without this kind of problem.

Seems to me a good point here.
full member
Activity: 210
Merit: 100
July 03, 2013, 03:59:16 PM
#14
A piece of advice from a fellow butcher:  If you must use electrical tape to tidy up, hide it under heat shrink tubing.  Protip:  Use heat gun, lighters & matches burn your fingers Cheesy
legendary
Activity: 934
Merit: 1000
July 03, 2013, 03:57:28 PM
#13
In the original article the author is talking about customer having paid 1562 BTC back when a bitcoin was worth $6.5. I guess the break-even calculations are based on this figure.
That might explain Smiley Didn't read the original one..
hero member
Activity: 700
Merit: 500
July 03, 2013, 03:55:35 PM
#12
Despite all that, this thing can still mine bitcoins and it should be profitable. How much money can we expect from from a rig like this? If the difficulty didn’t change, they would make 37 bitcoins a day and recoup the initial investment in 124 days. Difficulty is jumping pretty much 20% every 12 days or so, so in the next week before adjustment, they’ll make 259, the next 12 days 369, the next 12 days 312, then 256, then 213, etc.

So by day 127, they’ll be halfway to breaking even, but by day 151 they’ll be making less than 5 bitcoins a day, and even if difficulty stopped rising at that point(which it won’t), it would take another 435 days for a total of 586 days to break even. If difficulty kept rising at the same pace, by day 200 they’d be making 2.4 bitcoins per day, and it would take 1024 days to break even with no difficulty increase. Assuming 25 cents per kw/h, and $100 a bitcoin, it would cost 0.43 of a bitcoin per day in electricity which means the unit would no longer be profitable on a power usage basis by day 307, at which point it will have produced 2620 bitcoins.

Great review! Just a mixup in the math though.. 37btc a day makes roughly 3000 USD a day.. so break-even in roughly 9 days... However at current difficulty 500GH mines around 11 btc a day. Still only 30 days to breakeven (not counting electricity costs).

But I'll definately listen to the warning.. I'd rather not set my house on fire and upset the electricity company :p

In the original article the author is talking about customer having paid 1562 BTC back when a bitcoin was worth $6.5. I guess the break-even calculations are based on this figure.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
July 03, 2013, 03:45:36 PM
#11
RIP BFL rig
legendary
Activity: 934
Merit: 1000
July 03, 2013, 03:45:29 PM
#10
Despite all that, this thing can still mine bitcoins and it should be profitable. How much money can we expect from from a rig like this? If the difficulty didn’t change, they would make 37 bitcoins a day and recoup the initial investment in 124 days. Difficulty is jumping pretty much 20% every 12 days or so, so in the next week before adjustment, they’ll make 259, the next 12 days 369, the next 12 days 312, then 256, then 213, etc.

So by day 127, they’ll be halfway to breaking even, but by day 151 they’ll be making less than 5 bitcoins a day, and even if difficulty stopped rising at that point(which it won’t), it would take another 435 days for a total of 586 days to break even. If difficulty kept rising at the same pace, by day 200 they’d be making 2.4 bitcoins per day, and it would take 1024 days to break even with no difficulty increase. Assuming 25 cents per kw/h, and $100 a bitcoin, it would cost 0.43 of a bitcoin per day in electricity which means the unit would no longer be profitable on a power usage basis by day 307, at which point it will have produced 2620 bitcoins.

Great review! Just a mixup in the math though.. 37btc a day makes roughly 3000 USD a day.. so break-even in roughly 9 days... However at current difficulty 500GH mines around 11 btc a day. Still only 30 days to breakeven (not counting electricity costs).

But I'll definately listen to the warning.. I'd rather not set my house on fire and upset the electricity company :p
sr. member
Activity: 280
Merit: 250
July 03, 2013, 03:44:56 PM
#9
lmfao!  

excellent review!  

I love the hot glue, it's a nice touch!

Hot Glue is on my list with ductape, strips and electric tape.

You can fix everything with those 4 components Smiley

xD too true
Fixing something to ship something to a customer.
Stay classy BFL
Pages:
Jump to: