Topic: Butterfly Labs video... (Read 2543 times)
actually a pretty cool video, I figured bfl were just people sitting in their basements making them.
there is a very famous saying here on btctalk: buyer beware. bfl currently has a working protoype, the problem is that the chips need more power than originally planned. (don't ask me how the hell this happened, it does not make sense from an engineering perspective. there are always going to be small differences in the real world, but not this far off.)
This is one of the issues that my limited knowledge of ASIC technology tends to red-flag and cause skepticism. I know lots of engineers. The only way that something like this could be true is if the math during the design process was flawed (in which case the processing would likewise tend to be flawed).
i would educate yourself about th biggest scams from the last year. bigger ships than bfl have been scams.
That's exactly what worries me, LOL.
in all honesty, i think they are going to ship eventually. if they played their cards right with all of the btc they gathered, they should have a gigantic amount of wealth. they have the resources, but they are also making themselves responsible for a large portion of the first generation of asic miners. i think they will churn out a good amount of units a day, but even at the fastest possible rate for their current crew, it is going to take them a long time to fill their orders.
One of my former ASIC projects had a team of engineers who put together medical processing equipment. A few of them want to actually drive out to Kansas City and offer to help put together the machines free of charge, or for ridiculously cheap. Heck, we'll even meter 'em to make sure they're more or less functional before they ship! However, this email was never answered (to be fair, it's been about 3 weeks since I asked the original email to be sent).
the machines do not meet minimum specs in regard to power: they will likely consume more power than originally thought. you will receive the hashing power you paid for though, that is their promise.
They seem to have a raw calculation of about 2 MH/s/$ posted in a few places, which equates almost directly with the prices and GH/s offered. The power consumption is largely irrelevant today, but the increase in power has to be from overclocking the chips (which would be smart, if they can sustain that speed for 3-4 years at that temperature with few issues because of efficient heating).
i dont mean to be a dick, but it is kinda weird that i know more about this and i haven't even invested into bfl! they do have a video of the protoype hashing, and they are actually mining with it on the eclipse pool i think.
See... this is why I keep asking lots of questions. Would you happen to have a URL handy for the video? Even to the correct thread where a link might be would be better than nothing. I'm trying to help people overcome anxiety issues related to their investments that were more than they can afford to lose (breaks a basic rule of investing, but it's done and they're trying to deal with it).
the video is to build confidence. looking busy etc.
It does offer a glimmer of hope, but the overall silence of the company dashes that hope very quickly. I think daily updates would be the way to go with this, at least some kind of one-liner that says something like:
keep your ear to the ground, this is a very exciting time to be alive.
there is a very famous saying here on btctalk: buyer beware. bfl currently has a working protoype, the problem is that the chips need more power than originally planned. (don't ask me how the hell this happened, it does not make sense from an engineering perspective. there are always going to be small differences in the real world, but not this far off.)
This is one of the issues that my limited knowledge of ASIC technology tends to red-flag and cause skepticism. I know lots of engineers. The only way that something like this could be true is if the math during the design process was flawed (in which case the processing would likewise tend to be flawed).
i would educate yourself about th biggest scams from the last year. bigger ships than bfl have been scams.
That's exactly what worries me, LOL.
in all honesty, i think they are going to ship eventually. if they played their cards right with all of the btc they gathered, they should have a gigantic amount of wealth. they have the resources, but they are also making themselves responsible for a large portion of the first generation of asic miners. i think they will churn out a good amount of units a day, but even at the fastest possible rate for their current crew, it is going to take them a long time to fill their orders.
One of my former ASIC projects had a team of engineers who put together medical processing equipment. A few of them want to actually drive out to Kansas City and offer to help put together the machines free of charge, or for ridiculously cheap. Heck, we'll even meter 'em to make sure they're more or less functional before they ship! However, this email was never answered (to be fair, it's been about 3 weeks since I asked the original email to be sent).
the machines do not meet minimum specs in regard to power: they will likely consume more power than originally thought. you will receive the hashing power you paid for though, that is their promise.
They seem to have a raw calculation of about 2 MH/s/$ posted in a few places, which equates almost directly with the prices and GH/s offered. The power consumption is largely irrelevant today, but the increase in power has to be from overclocking the chips (which would be smart, if they can sustain that speed for 3-4 years at that temperature with few issues because of efficient heating).
i dont mean to be a dick, but it is kinda weird that i know more about this and i haven't even invested into bfl! they do have a video of the protoype hashing, and they are actually mining with it on the eclipse pool i think.
See... this is why I keep asking lots of questions. Would you happen to have a URL handy for the video? Even to the correct thread where a link might be would be better than nothing. I'm trying to help people overcome anxiety issues related to their investments that were more than they can afford to lose (breaks a basic rule of investing, but it's done and they're trying to deal with it).
the video is to build confidence. looking busy etc.
It does offer a glimmer of hope, but the overall silence of the company dashes that hope very quickly. I think daily updates would be the way to go with this, at least some kind of one-liner that says something like:
keep your ear to the ground, this is a very exciting time to be alive.
Never confuse participation with familiarity.
What a profound notion, truly a prophet amongst men.
There is a google earth photo of their factory on their website,
if you zoom in on it, you will see the date is march 2013,
there are a dozen cars or so in the car park,
all and i mean all the factory windows are wide open,
in march? in the centre of the USA?
Has anyone on the forum been there for a covert reccie?
Kev
if you zoom in on it, you will see the date is march 2013,
there are a dozen cars or so in the car park,
all and i mean all the factory windows are wide open,
in march? in the centre of the USA?
Has anyone on the forum been there for a covert reccie?
Kev
they are not open windows. zoom in on your "recon"
because they have millions of dollars worth of ASIC equipment, that their windows need to cool the factory from all the heat produced, or not.
There is a google earth photo of their factory on their website,
if you zoom in on it, you will see the date is march 2013,
there are a dozen cars or so in the car park,
all and i mean all the factory windows are wide open,
in march? in the centre of the USA?
Has anyone on the forum been there for a covert reccie?
Kev
if you zoom in on it, you will see the date is march 2013,
there are a dozen cars or so in the car park,
all and i mean all the factory windows are wide open,
in march? in the centre of the USA?
Has anyone on the forum been there for a covert reccie?
Kev
Been posted here before.
Possibly, who knows.
Possibly, who knows.
there is a very famous saying here on btctalk: buyer beware. bfl currently has a working protoype, the problem is that the chips need more power than originally planned. (don't ask me how the hell this happened, it does not make sense from an engineering perspective. there are always going to be small differences in the real world, but not this far off.)
i would educate yourself about th biggest scams from the last year. bigger ships than bfl have been scams.
in all honesty, i think they are going to ship eventually. if they played their cards right with all of the btc they gathered, they should have a gigantic amount of wealth. they have the resources, but they are also making themselves responsible for a large portion of the first generation of asic miners. i think they will churn out a good amount of units a day, but even at the fastest possible rate for their current crew, it is going to take them a long time to fill their orders.
the machines do not meet minimum specs in regard to power: they will likely consume more power than originally thought. you will receive the hashing power you paid for though, that is their promise.
i dont mean to be a dick, but it is kinda weird that i know more about this and i haven't even invested into bfl! they do have a video of the protoype hashing, and they are actually mining with it on the eclipse pool i think.
the video is to build confidence. looking busy etc.
keep your ear to the ground, this is a very exciting time to be alive.
i would educate yourself about th biggest scams from the last year. bigger ships than bfl have been scams.
in all honesty, i think they are going to ship eventually. if they played their cards right with all of the btc they gathered, they should have a gigantic amount of wealth. they have the resources, but they are also making themselves responsible for a large portion of the first generation of asic miners. i think they will churn out a good amount of units a day, but even at the fastest possible rate for their current crew, it is going to take them a long time to fill their orders.
the machines do not meet minimum specs in regard to power: they will likely consume more power than originally thought. you will receive the hashing power you paid for though, that is their promise.
i dont mean to be a dick, but it is kinda weird that i know more about this and i haven't even invested into bfl! they do have a video of the protoype hashing, and they are actually mining with it on the eclipse pool i think.
the video is to build confidence. looking busy etc.
keep your ear to the ground, this is a very exciting time to be alive.
It's really kinda funny that the answers are not forthcoming from some relatively straightforward questions.
I don't want to reveal any personal information in a forum, such as "how many orders" I have.
I'm not even necessarily asking for myself.
A community built on trust needs to know that you have their backs, collectively, if you're going to be taking money from them. As a 22-year veteran consultant for business development (and no, I'm not verifying that, you can either believe it or not, I have nothing to prove), I can say that in my experience a machine which poses a significant change to the way that things work is either real, or vapor. Vaporous claims which demonstrate consistent unresponsiveness, or contentious and even hostile replies when questioned are necessarily met with skepticism. This is why people tend to shy away from those who are openly hostile to questioning.
A video of a machine actually living up to the claims with software known to work (BFGminer, cgminer, etc.) would be a great step in the right direction, to ease the minds of those who have orders. It would ease the minds of many people greatly to know that there is, in fact, a light at the end of the tunnel.
"Late April" is here. An answer other than "soon" is really going to boost morale, trust, and confidence in BFL. And whether I like it or not, nothing can "make" you answer.
But lacking an answer, the rumor mill always shifts to the Worst Case Scenario. It's apparently human nature. All I'm asking for is something that shows that the machines do in fact perform to minimum specifications, rather than relying on the trust which BFL has conveniently disregarded for so many months.
I don't want to reveal any personal information in a forum, such as "how many orders" I have.
I'm not even necessarily asking for myself.
A community built on trust needs to know that you have their backs, collectively, if you're going to be taking money from them. As a 22-year veteran consultant for business development (and no, I'm not verifying that, you can either believe it or not, I have nothing to prove), I can say that in my experience a machine which poses a significant change to the way that things work is either real, or vapor. Vaporous claims which demonstrate consistent unresponsiveness, or contentious and even hostile replies when questioned are necessarily met with skepticism. This is why people tend to shy away from those who are openly hostile to questioning.
A video of a machine actually living up to the claims with software known to work (BFGminer, cgminer, etc.) would be a great step in the right direction, to ease the minds of those who have orders. It would ease the minds of many people greatly to know that there is, in fact, a light at the end of the tunnel.
"Late April" is here. An answer other than "soon" is really going to boost morale, trust, and confidence in BFL. And whether I like it or not, nothing can "make" you answer.
But lacking an answer, the rumor mill always shifts to the Worst Case Scenario. It's apparently human nature. All I'm asking for is something that shows that the machines do in fact perform to minimum specifications, rather than relying on the trust which BFL has conveniently disregarded for so many months.
How many pre-orders do you have with BFL?
Yes, because I typically don't have time to hang out in forums. Been aware of Bitcoin for a long time. Never confuse participation with familiarity.
And my familiarity with ASIC processors isn't actually "none" either... I worked with a team that put together medical machinery that contained ASICs and I had to have a crash course in them. They're hard to produce, they tend to run hot, and not very friendly to mass production.
But, "old news" or not, there are in fact questions.
EDIT: "Old news" is relevant when orders go unfulfilled for months at a time.
And my familiarity with ASIC processors isn't actually "none" either... I worked with a team that put together medical machinery that contained ASICs and I had to have a crash course in them. They're hard to produce, they tend to run hot, and not very friendly to mass production.
But, "old news" or not, there are in fact questions.
EDIT: "Old news" is relevant when orders go unfulfilled for months at a time.
This is old news.. You're asking a lot of questions for someone that's been registered a week.
Okay, so... found this video on Reddit while I was looking around. Snagged the YouTube link:
http://www.youtube.com/watch?v=tSu5Yyc1bEM
It's a bunch of engineers who don't know style, but there are actually some stacks of ASIC chips shown there.
Might this be a ray of hope?
Might we someday SEE a prototype machine hashing away at the promised speeds (rather than some little flashy light thingy)?
Might Josh (or someone else at BFL) actually be able to comment on whether or not the obviously-lacking budget on this infomercial-quality exposition is evidence that they're building machines to ship?
Is it just possible that the people might actually be assembling machines which people ordered almost a year ago?
http://www.youtube.com/watch?v=tSu5Yyc1bEM
It's a bunch of engineers who don't know style, but there are actually some stacks of ASIC chips shown there.
Might this be a ray of hope?
Might we someday SEE a prototype machine hashing away at the promised speeds (rather than some little flashy light thingy)?
Might Josh (or someone else at BFL) actually be able to comment on whether or not the obviously-lacking budget on this infomercial-quality exposition is evidence that they're building machines to ship?
Is it just possible that the people might actually be assembling machines which people ordered almost a year ago?
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