Topic: butterflylabs.com - any comment about your ASIC progress? (Read 6852 times)
thank you!
source?
EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
http://www.butterflylabs.com/products/EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
Check the updated specs!
aha, where? can you give me the link please?
EDIT: of the specs, of course...
You can follow the details in this link
https://bitcointalksearch.org/topic/m.1232810
However you can read the update yourself at this link
https://forums.butterflylabs.com/showthread.php/16-Announcement-BFL-ASIC-Release-specifications
source?
EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
http://www.butterflylabs.com/products/EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
Check the updated specs!
aha, where? can you give me the link please?
EDIT: of the specs, of course...
source?
EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
http://www.butterflylabs.com/products/EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
Check the updated specs!
I'll believe it when I see it 
source?
It's on the Bfl portal, but he really needs to learn to quote and reference sources.
source?
EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
EDIT: I mean this is an unofficial forum. where is your official commitment if you are from BFL as it appears.
Butterfly Labs reveals final performance specifications for it's revolutionary ASIC hardware.
BitForce Jalapeno - 4.5gh/s @ 4.5w
BitForce Single SC - 60 GH/s @ 60w
BitForce MiniRig SC - 1,500 GH/s @ 1,500w
Power figures are +/- 10% of those listed while we finish optimizing our power subsystem.
NEW An as yet named 'Little Single' device which will hash at a rate of 30 GH/s and cost USD $649.00.
You may notice that these performance figures exceed that of our previously published specification by approximately 50%. Our intention was to eventually over deliver while also being conservative during development. We had planned to reserve this performance increase for a future firmware update and was one method we planned to use to protect our customers in the event of a price war. However, due to the maturity of our development and competition in the market, we felt it was time to clarify what customers will actually receive both in speed and particularly in power consumption so they can properly evaluate their options and make good decisions. We hope it's now easier to understand the closed lip approach of our ASIC line product development.
A pledge to our customers: Butterfly Labs has always been committed to our customers. With the transition to ASIC from FPGA, we offered a 100% buyback program on the purchase price of your FPGA units towards the purchase of one of our ASIC units. This is an offer currently unmatched by any other manufacturer. People have asked why would we do this? We do this because our mission is to stand behind our customers and preserve the value of their hardware investment through all market changes, now and in the future. Simply put, you can count on us to protect your mining investment.
In summary, all current orders are automatically 4.5 GH/s - 60 GH/s or 1.5 TH/s devices. You need do nothing, just wait for delivery.
Our Value pledge: As always, our focus has been on offering the most competitive product, both in terms of initial price but also the most competitive TCO in the industry. Our current power consumption targets for our first generation ASIC products are approximately 1 GH per watt, far and away the lowest power consuming units available at any price. Not only will our products perform faster than any other product currently available, it will also cost less to run now and in the future. As with our FPGA products, when the time comes for our second generation ASIC products, we will not forget our customers and will make every effort to transition you, the customer, to the second generation ASIC as easily, quickly and in the most cost effective manner as possible.
BitForce Jalapeno - 4.5gh/s @ 4.5w
BitForce Single SC - 60 GH/s @ 60w
BitForce MiniRig SC - 1,500 GH/s @ 1,500w
Power figures are +/- 10% of those listed while we finish optimizing our power subsystem.
NEW An as yet named 'Little Single' device which will hash at a rate of 30 GH/s and cost USD $649.00.
You may notice that these performance figures exceed that of our previously published specification by approximately 50%. Our intention was to eventually over deliver while also being conservative during development. We had planned to reserve this performance increase for a future firmware update and was one method we planned to use to protect our customers in the event of a price war. However, due to the maturity of our development and competition in the market, we felt it was time to clarify what customers will actually receive both in speed and particularly in power consumption so they can properly evaluate their options and make good decisions. We hope it's now easier to understand the closed lip approach of our ASIC line product development.
A pledge to our customers: Butterfly Labs has always been committed to our customers. With the transition to ASIC from FPGA, we offered a 100% buyback program on the purchase price of your FPGA units towards the purchase of one of our ASIC units. This is an offer currently unmatched by any other manufacturer. People have asked why would we do this? We do this because our mission is to stand behind our customers and preserve the value of their hardware investment through all market changes, now and in the future. Simply put, you can count on us to protect your mining investment.
In summary, all current orders are automatically 4.5 GH/s - 60 GH/s or 1.5 TH/s devices. You need do nothing, just wait for delivery.
Our Value pledge: As always, our focus has been on offering the most competitive product, both in terms of initial price but also the most competitive TCO in the industry. Our current power consumption targets for our first generation ASIC products are approximately 1 GH per watt, far and away the lowest power consuming units available at any price. Not only will our products perform faster than any other product currently available, it will also cost less to run now and in the future. As with our FPGA products, when the time comes for our second generation ASIC products, we will not forget our customers and will make every effort to transition you, the customer, to the second generation ASIC as easily, quickly and in the most cost effective manner as possible.
Thats the point, lining us all up for the long con.
Clearly this guy knows what he's talking about...
Takes a scammer to know a scammer?
Maybe, more that his word means nothing.
Takes a scammer to know a scammer?
PEW PEW PEW!
Thats the point, lining us all up for the long con.
Clearly this guy knows what he's talking about...
Takes a scammer to know a scammer?
I bet not much credence would have been given to Snapman's post if he wasn't tagged. One of the rare times sad tag comes in handy.
~Bruno~
Thats the point, lining us all up for the long con.
Clearly this guy knows what he's talking about...
Takes a scammer to know a scammer?
Thats the point, lining us all up for the long con.
Clearly this guy knows what he's talking about...
Will there be a power adaptor splitter a bit like Enterpoint has done, so if someone has 5 or 10 SC Japalenos or Singles, then they don't have to use 5 or 10 power adaptors taking up just as many power sockets ?
Let's first see some Jalapenos and Singles in the wild, then worry about power adaptor splitters
+1
Well unless it could be fixed with firmware updates...... I would say mislead...... not scammed... Scammed ='s Money going in and nothing coming out If they send you a 1.9 Ghash/s coffee warmer instead of a 3.5gh/s coffee warmer... Well suck it up....
If they send you a 1.9 Ghash/s coffee warmer instead of a 3.5gh/s coffee warmer... Well suck it up.... Profit wise it would make no difference at all, as ASIC will make GPU and FPGA unnoticeable competitors, so it will only be ASIC vs ASIC.
If all their products are 50% underspec, then all it means is that difficulty will go up 49% less than expected, so in the end the profit will be the same.
good point
That's a good point, but only if BFL ASICs make up 99% of the market. Considering we have 20TH/s without ASICs, and there are already ASIC competitors announcing products (some this very night), I don't think that's going to be the case.
Well unless it could be fixed with firmware updates...... I would say mislead...... not scammed... Scammed ='s Money going in and nothing coming out If they send you a 1.9 Ghash/s coffee warmer instead of a 3.5gh/s coffee warmer... Well suck it up....
If they send you a 1.9 Ghash/s coffee warmer instead of a 3.5gh/s coffee warmer... Well suck it up.... Profit wise it would make no difference at all, as ASIC will make GPU and FPGA unnoticeable competitors, so it will only be ASIC vs ASIC.
If all their products are 50% underspec, then all it means is that difficulty will go up 49% less than expected, so in the end the profit will be the same.
good point
There are no competitors, there were some FPGA alternatives but no-one could match BFL in performance/price. So I doubt anyone will match it with ASIC.
Well meet these guys : https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497
They delivered more Proof than BFL and are on schedule. If they start selling then there will be competition.
They have never delivered a product and just talk so far, look at Enterpoint, their product info and pictures looked great, people bought the board only to realize it does not work as they hoped, now a wopping 6 months later there are finally some Bitstream that are actually capable of delivering the expected performance (did I mentioned they also had some hardware errors and mistakes when they designed it) but this is FPGA, ASIC is even more complicated.
Atleast BFL has a track record of delivering something that works out of the box.
Also anyone buying shares from these mining companies are taking away the whole point of Bitcoin "Decentralized currency for the people by the people"
Thats the point, lining us all up for the long con. Especially when people send in their trade ins for ASICS, and they make a run for it with loads of usd/btc & fgpa hardware.
BFL has never used second hand or refurbished FPGAs.
Any comments on the original question? How are you getting on with ASIC development?
+1
I expect the same from BFL, hope they are already working on a trade-in program for the underperforming first gen ASIC
), so they will test them in the field and improve the chip design. Then they stamp out the second and improved batch and sell those to the miners. But they keep their (limited) mining operation as quality assessment tool.there is another way: for example the first "underperforming gen" is 25% slower, but they still can add 25% more chips per unit to keep the speed as promissed! They will have less profit, but more reputation.
that implies a 25% increase in power consumption.
I expect the same from BFL, hope they are already working on a trade-in program for the underperforming first gen ASIC
), so they will test them in the field and improve the chip design. Then they stamp out the second and improved batch and sell those to the miners. But they keep their (limited) mining operation as quality assessment tool.there is another way: for example the first "underperforming gen" is 25% slower, but they still can add 25% more chips per unit to keep the speed as promissed! They will have less profit, but more reputation.
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