Topic: Butterfly Labs shipping 300 units a day - page 8. (Read 29035 times)

For those that don't know, Tom is the guy from bASIC who took a ton of pre-orders for an ASIC and then delivered nothing - although he made an effort to refund people in BTC, I think. I don't know how that turned out.


Avalon has shipped two batches and at least one order of 10k chips. And they're in the middle of shipping batch 3. It's true that some people are complaining but most people got their units. 

Batch 1 and 2 combined are 72Thash (3 modules can easily reach 80Ghash). That's 30% of the network right there.  Combined with ASICMiners 16% (based on the blocks in the last 24h) that's about 47% of the network. Each 10k chip order from Avalon is 3Thash, or about 1% of the current network, and we don't know how many they've sold.  Bitfury is supposed to be shipping at this point as well.  Their first run of chips was for "July delivery", and people have tested sample chips.


You said you were the only company shipping "in any meaningful quantity and hashrate", clearly that's not the case and there's no reason to think bitfury won't be able to ship.

Since I know how bad you children are at maths, I will give you a hand.

USB devices initially cost 1.99 BTC and were later reduced to 0.99 BTC. With discount for bulk orders, the lowest price was 0.89 BTC. If every USB device sold at 1.99 BTC, then that's 18,856 units. If every USB device sold at 0.89 BTC, then that's 42,161 units. At 336 Mh/s per unit, USB Block Erupters make up between 6.336 Th/s and 14.166 Th/s.

There were 3 auctions for blades.

The first auction sold 2 for 76 BTC and 8 for 75 BTC. That's a total of 10 for 752 BTC.

The second auction sold 50 for a total of 2578 BTC.

The third auction sold 180 blades at a fixed price of 49.99 BTC each for a total of 8,998.2 BTC

So, 240 Blades were sold in the 3 auctions for a total of 12,328.2 BTC. By subtracting this value from the Blade Sales Income value, we get the following:

29,594.75 - 12,328.2 = 17,266.55 BTC

which is the amount of income from regular sales, with Blades costing 49.99 each or 47.99 with bulk discount. If every Blade sold at 49.99 BTC, then that's 345 units. If every Blade sold at 47.99 BTC, then that's 359 units. That puts the total number of Blades sold between 605 and 619 units. At 10.752 Gh/s per unit and 619 units, the total hashing power is 6.655 Th/s.

The total hashing power from USB BEs and Blades combined is between 12.991 Th/s and 20.821 Th/s. With the mining operation at 40 Th/s, AM have brought online about 60 Th/s.

Explain the remaining network hash rate assuming between 900 and 1500 Avalons have also shipped.

Hookers and Blow?

WTF! If Josh said 300 or 400 a day were assembled then shipped since July 4, 2013, who the fuck are you to call out an outstanding member of BitcoinTalk by implying he's a liar? Please check your figures again, then come back here and apology to the only honest person on this forum, namely Josh Ryan Zerlan, COO of BF Labs Inc. (Butterfly Labs), located at 10770 El Monte, Leawood, KS 66211, whose president is Sonny Vleisides, who's still on probation for fleecing the elderly with his lottery scam, but is on record in stating that he changed his ways, unlike his real Daddy-O, James Ray Houston, the Silver Kind of Nevada and founder of Laissez Faire City in Costa Rica.

Full Disclosure: I am not versed in keyword spamming!

First, I got my math wrong:
ASICMiner Block Eruptor Blades (10-13GH/s each ) & USB sticks + BFL = 85TH/s

The first reported (in English on these forums) batch 3 unit in hand was over a week and a half ago. We don't know how many batch 3 units were shipped to destinations in China which would have arrived much sooner (no 2-3 week boat ride, no customs, etc). Large mining operations in China could have picked up the units themselves from the factory for even earlier deployment, which would be in their best interest to do.


If we assume it is a gross figure, then they auctioned off at least 600 blades for between 45-50BTC.
USB is a bit trickier since they have two price points. Assuming that the batches were equal size, then we have around 24,000 USB miners shipped. If that income is all from the first sales point, then only about 18,000 were shipped.
So, (assuming gross figures) at least 7.8 TH/s from blade auctions and 6-10 TH/s from USB miners.

We can only estimate lower bounds of sales by ASICMiner and Avalon. If either ASICMiner or Avalon (or both) licensed their designs to mining concerns and sold them chips, then there could be significant clone installations out there by now. If the ASICMiner IP was in a different company, those licensing deals would not be reported. Avalon doesn't have any sort of financial reporting, and neither does BFL.

If I had to guess, I would say by now BFL has shipped about 800 singles (of the 60 GH/s variety) and at least 2000 Jalapeno's by now. That puts them around about 60 TH/s. Tack on the 8 mini-rigs known of, and we can say at least 65 TH/s total. That seems reasonable given the rest of the numbers.
So that is 3 days of singles and 7 days of Jalapeno's. If they are shipping 300 units a day, what did they do for the other 50 work days?

Batch 3 Avalons have only just started shipping and some people still haven't received batch 2 orders yet. It would be more reasonable to assume that 900 units have shipped rather than 1500.

AM recently released a financial report. It included the following:

Mining Income: 102,041.82BTC
Blade Sales Income: 29,594.75BTC
USB Sales Income: 37,524.00BTC

The problem is that both ASICMiner and Avalon are opaque. We only know about units shipped in the public sale batches from Avalon, and the public farm ASICMiner reports on. Even so, with the first 2 batches from Avalon running at ~60TH (900 x 65GH/s) and batch 3 at 40TH/s (600x65GH/s) and ASICMiner public mine running at ~40TH/s that is almost 2/3rds of the network. ASICMiner sells blades to private investors as well and there is no way to know how many they made or sold. Legacy FPGAs & GPUs probably still account for between 10-20TH/s. The 30day estimate puts the network hashrate at 240TH/s

Back of the envelope says:
Avalon batches account for 100TH/s
ASICMiner public mine accounts for 40TH/s
FPGAs + GPUs 15TH/s (assuming a lot of hash power has left for Litecoin)
ASICMiner Block Eruptor Blades (10-13GH/s each ) & USB sticks + BFL = 85TH/s (85+100+40+15 = 240)

ASICMiner Block Eruptor Blades have been shipping in bulk since early May.
BFL has been shipping Jalapenos since late April and Singles since June.
There is no way to know how much either company has shipped.

Edit: I fixed some bad math on my part

For homework, you children should calculate the hashing power AM and Avalon are responsible for bringing online so far. Add those 2 values together and add 20 Th/s (the network hash rate at the beginning of the year), then subtract this new value from the current network hash rate. You will have a number representing the hashing power brought online by everyone but AM and Avalon. Explain where this hashing power came from if not BFL.

Boy, you're in for it now!

Great, BFL ist shipping day one singles since how many weeks now?! Thank you Josh, I paid 200 BTC for my single - do you really think this machine will ever break even? How many months should I expect until my order from the first week is shipped?

BFL is to shipping product like Bernie Madoff is to refunding investors.

The majority of both sets of clients will NEVER see ROI

That really made me LOL.   

Remember children,



If you throw enough money at a problem...eventually even crippled butterflies can swim!

Translated (my interpretation):

"I am worried about these folks. Please, do not buy the KNC devices. We can't do low nm chips at a time like this."

and

"Look, we are charging 60k+ for our mini-rig. KNC, they are charging close to a third of that. Pretty please, don't buy from them! "

The 5 stages of loss/grief: Denial, anger, bargaining, depression, acceptance.

This thread just got me into the 4th stage.

Looking forward to acceptance.

You are fuckin' kiddin' me! How the fuck can there be one iota of a problem with the CS department when a half dozen or more people were hired on months ago to add to the already 4-6 on hand led by none other that Granny Drake, the person who recently claimed that her and Josh are of equal status at Planet BFL?

By sister handles 300 emails a day along with her other duties, and you telling me that 10 people can't handle 100 emails each per day? That equals to >$5,000/wk in payroll to perform a job that's not being performed properly.

That only means one thing: Minecraft and blowjobs are taking up way too much time at BFL. I suggest ending the Minecraft sessions.

Before hitting the post button, something else just occurred to me. If Josh didn't spend so much time penning smack on this forum, he could easily allocate that time to address emails and other CS duties.

Then again, why the fuck am I giving advice to them fuckturds? The last suggestion I can them, they used without even giving me a thank you.

What suggestion was that you ask? I suggested that instead of using the swarm of locusts to deliver all them packages to the USPS once in full production, simply call them and they will pick up. I'm sure Sonny let Josh blow him twice that day when he ran into Sonny's office to share with him his great revelation.

It must be nice to get blowjobs while I get it stuck up my monumental asshole sans lube.

quote BFL_Josh

"We are working to solve the customer service issue, but unfortunately it's not as easy as waving a magic wand and everything is better. There are many factors that have to be juggled and there are only so many man hours available."

https://forums.butterflylabs.com/bfl-forum-miscellaneous/3900-bfl-told-me-they-wont-honor-their-ship-pay-date-sequence-promise-3.html#post49733

And Bitfury.

The 22 wings shipping vessel is not the problem.



It's BFL's COO...

Oh, BFL is shipping alright. But they are using this "ship":

Thus you have to wait 6 months to get your product.

Did BFL just become a verb?
I hope I don't get BFL'ed on the stuff I just ordered online!