Can some one Clear up if a single BFL asic has been shiped or seen working

Gator-hex

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Quote from: Phinnaeus Gage on April 04, 2013, 12:30:00 PM

Quote

Thank you. Somewhat remarkably, after posting that, they reduced their specs and raised their prices. Hmm.

Chalk it up to supply and demand: The more people who pre-order, the less there are available for the next guy, hence the increase in price to be fair to all and to protect the network.

Raising the price to late entrants kinda makes it look like a Ponzi scheme though.
But at least we didn't have to listen to stories about how every ASIC they produce is their baby and they don't want them going to untrusting owners.
LOL (Avalon Adoption Agency) Cheesy

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote

Thank you. Somewhat remarkably, after posting that, they reduced their specs and raised their prices. Hmm.

Chalk it up to supply and demand: The more people who pre-order, the less there are available for the next guy, hence the increase in price to be fair to all and to protect the network.

Gator-hex

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Activity: 490

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We had photos and BFL/Luke_Jr claimed it to have shipped, but it was a prototype on a test bench and never left the Butterfly Labs building.

Luke_Jr was flown in at BFLs expense to do some programming so is more employee/consultant than customer, so not independent.

Amazingly it seems to mine 25GH/s just like an old FPGA Mini Rig!

Google "Sonny Vleisides" and see the past criminal record for an international lottery scam.

I hope they deliver, for the sake of the Bitcoin project, but I'm not convinced. Wink

tbd

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Quote from: creativex on April 04, 2013, 11:57:19 AM

Quote from: tbd on April 04, 2013, 09:40:15 AM

I don't believe there has been credible proof that BFL has a working ASIC device. You would need someone independent (i.e. not a BFL employee, contractor, developer, etc.) to receive, inspect, and test the device.

I also find it highly unlikely that BFL is solvent, and probably poses an imminent bankruptcy risk. Their predominant source of revenue is from taking preorders for devices that do not, and may never exist. However, they continue to incur significant expenses: staff costs, advertising, travel, ASIC development, board development (and, apparently, re-development), etc. Their liabilities to customers most likely exceed the cash they have on hand. Furthermore, it is possible that when/if they do develop a device, that it will cost them more to produce than their current sales price.

+2

Sharp newbie is sharp.

Thank you. Somewhat remarkably, after posting that, they reduced their specs and raised their prices. Hmm.

creativex

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Quote from: tbd on April 04, 2013, 09:40:15 AM

I don't believe there has been credible proof that BFL has a working ASIC device. You would need someone independent (i.e. not a BFL employee, contractor, developer, etc.) to receive, inspect, and test the device.

I also find it highly unlikely that BFL is solvent, and probably poses an imminent bankruptcy risk. Their predominant source of revenue is from taking preorders for devices that do not, and may never exist. However, they continue to incur significant expenses: staff costs, advertising, travel, ASIC development, board development (and, apparently, re-development), etc. Their liabilities to customers most likely exceed the cash they have on hand. Furthermore, it is possible that when/if they do develop a device, that it will cost them more to produce than their current sales price.

+2

Sharp newbie is sharp.

jubalix

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Quote from: blockbet.net on April 04, 2013, 11:28:56 AM

Quote from: jubalix on April 04, 2013, 09:21:01 AM

Its like the site ADMINS/MODS one one hand lable people scammers, but then accept adds from them, or a least he people paying for adds are not scammers? Huh

I started a thread about this a couple of days ago, though this is probably something that should have been discussed months ago:

https://bitcointalksearch.org/topic/stop-accepting-ads-from-bfl-until-they-deliver-163970

In my opinion Bitcointalk shouldn't run clearly fraudulent ads, no matter if they're getting paid or not.

Yeah you gotta wonder, it undermines alooooot of credibility doing this

blockbet.net

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Quote from: jubalix on April 04, 2013, 09:21:01 AM

Its like the site ADMINS/MODS one one hand lable people scammers, but then accept adds from them, or a least he people paying for adds are not scammers? Huh

I started a thread about this a couple of days ago, though this is probably something that should have been discussed months ago:

https://bitcointalksearch.org/topic/stop-accepting-ads-from-bfl-until-they-deliver-163970

In my opinion Bitcointalk shouldn't run clearly fraudulent ads, no matter if they're getting paid or not.

BBQKorv

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Activity: 280

Merit: 250

If they go on with the plan to ship 2 devices instead of one per order because of the +4 times higher than expected power usage they are looking at doubled manufacturing costs. That kind of miscalculation can easily cause major economical problems. Without extra funding they might just end up beeing bASIC collapse v2.

tbd

newbie

Activity: 45

Merit: 0

I don't believe there has been credible proof that BFL has a working ASIC device. You would need someone independent (i.e. not a BFL employee, contractor, developer, etc.) to receive, inspect, and test the device.

I also find it highly unlikely that BFL is solvent, and probably poses an imminent bankruptcy risk. Their predominant source of revenue is from taking preorders for devices that do not, and may never exist. However, they continue to incur significant expenses: staff costs, advertising, travel, ASIC development, board development (and, apparently, re-development), etc. Their liabilities to customers most likely exceed the cash they have on hand. Furthermore, it is possible that when/if they do develop a device, that it will cost them more to produce than their current sales price.

Frizz23

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Quote from: jubalix on April 04, 2013, 09:21:01 AM

I also note the adds on this site

"Advertisement: BFL Single SC - 60 GH/s for $1299.00 - butterflylabs.com"

do nothing to help!!!!

Quote from: Frankie Delaney on April 03, 2013, 08:51:03 PM

I think it's time for BFL to update their advertising.

jubalix

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Quote from: maqifrnswa on April 04, 2013, 09:14:37 AM

Quote from: witherworth on April 04, 2013, 09:09:49 AM

The day before April 1st, BFL claimed to have shipped a unit, but it's bullshit. They didn't ship anything, but they do have a working unit. It underperforms and over consumes power. It's a shitty final product, if they consider that their final product, but they are tweaking the boards and chips and whatnot trying to bring power down and raise hashes. It'll be another couple of weeks before they really ship.

this is the most accurate and concise description i've seen...

I also note the adds on this site

"Advertisement: BFL Single SC - 60 GH/s for $1299.00 - butterflylabs.com"

do nothing to help!!!!

Its like the site ADMINS/MODS on one hand label people scammers, but then accept adds from them, or a least he people paying for adds are not scammers? Huh

maqifrnswa

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Activity: 454

Merit: 252

Quote from: witherworth on April 04, 2013, 09:09:49 AM

The day before April 1st, BFL claimed to have shipped a unit, but it's bullshit. They didn't ship anything, but they do have a working unit. It underperforms and over consumes power. It's a shitty final product, if they consider that their final product, but they are tweaking the boards and chips and whatnot trying to bring power down and raise hashes. It'll be another couple of weeks before they really ship.

this is the most accurate and concise description i've seen...

demzie

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Activity: 266

Merit: 250

Quote from: witherworth on April 04, 2013, 09:09:49 AM

Quote from: jubalix on April 04, 2013, 08:37:24 AM

Can some one [MOD/ADMIN] Clear up if a single BFL asic has been shipped of seen working and then STICKY IT

because there are adverts saying both ways and so much spam and FUD about this we need a definitive statement....

And the community has at least been stung by this

The day before April 1st, BFL claimed to have shipped a unit, but it's bullshit. They didn't ship anything, but they do have a working unit. It underperforms and over consumes power. It's a shitty final product, if they consider that their final product, but they are tweaking the boards and chips and whatnot trying to bring power down and raise hashes. It'll be another couple of weeks before they really ship.

Couple of months?

witherworth

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Quote from: jubalix on April 04, 2013, 08:37:24 AM

Can some one [MOD/ADMIN] Clear up if a single BFL asic has been shipped of seen working and then STICKY IT

because there are adverts saying both ways and so much spam and FUD about this we need a definitive statement....

And the community has at least been stung by this

The day before April 1st, BFL claimed to have shipped a unit, but it's bullshit. They didn't ship anything, but they do have a working unit. It underperforms and over consumes power. It's a shitty final product, if they consider that their final product, but they are tweaking the boards and chips and whatnot trying to bring power down and raise hashes. It'll be another couple of weeks before they really ship.

jubalix

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Quote from: GernMiester on April 04, 2013, 08:57:15 AM

Seen working video and screenshots if hey are real. I believe they are.
None have shipped and the ETA is OCT 2012 yea 2012..
When they ship you can bet your ass it will be all over the place.

Did you even look at BFL's website? Wouldn't that be the place for your so called definitive statement
Put some effort in, that is how grown ups do it.. Mods are not mommies little fellow j/k.

but every 10 th thread is BFL was shipped I woz robbed by BFL, BFL delivered difficulty going up, there so much static its hard to get the signal to the point BFL could be all over this forum, and it would be that was Photoshopped fake, extra has is botnet hash

GernMiester

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Seen working video and screenshots if hey are real. I believe they are.
None have shipped and the ETA is OCT 2012 yea 2012..
When they ship you can bet your ass it will be all over the place.

Did you even look at BFL's website? Wouldn't that be the place for your so called definitive statement
Put some effort in, that is how grown ups do it.. Mods are not mommies little fellow j/k.

jubalix

legendary

Activity: 2632

Merit: 1023

Can some one [MOD/ADMIN] Clear up if a single BFL asic has been shipped of seen working and then STICKY IT

because there are adverts saying both ways and so much spam and FUD about this we need a definitive statement....

And the community has at least been stung by this

Topic: Can some one Clear up if a single BFL asic has been shiped or seen working (Read 2236 times)