Topic: did i make a mistake with BFL's - page 3. (Read 2598 times)
I have two 60GH/s singles on preorder. It doesn't matter much to me when they get here because it's not for making money (unless I take some coin out during another bubble), but it's for developing the currency that I think will be viable in the 21st century. Mining is an interesting hobby for a programmer like myself, so that's worth it to me. For all those people who are buying ebay preorders thinking they're going to get rich quick, it's a fool's errand.
The issue I think is that BFL is currently seen as the only competitor being able to deliver ASIC devices on a massive scale (500th+). Even if they end up shipping within the next few months they have proven to be utterly incompetent at this task, and considering the recent surge in attention given to bitcoin the probability is rising that a way more serious/ larger chip manufacturer might start working on their own ASIC with a faster technology, either for their own use or for resale. Making an ASIC from from development to production would probably take a matter of weeks for a larger industrial player. Your jalapeno will probably end up becoming just a luxury coffee warmer (boiler ?) before you even receive it ....
Yes true, however big companies like intel/amd wont really make a full push into mining because ASIC miners have one purpose and one purpose only. They wont risk spending money on the development of this just to find out that the market has crashed.
The issue I think is that BFL is currently seen as the only competitor being able to deliver ASIC devices on a massive scale (500th+). Even if they end up shipping within the next few months they have proven to be utterly incompetent at this task, and considering the recent surge in attention given to bitcoin the probability is rising that a way more serious/ larger chip manufacturer might start working on their own ASIC with a faster technology, either for their own use or for resale. Making an ASIC from from development to production would probably take a matter of weeks for a larger industrial player. Your jalapeno will probably end up becoming just a luxury coffee warmer (boiler ?) before you even receive it ....
It seems that several folks don't have confidence about BFL. What about Avalon?
So I talked to a coworker of mine.
He's running three of BFL FGPA miners and has had them on for over 6 months and has yet to have an issue with them.
Their FPGA units were delayed as well so it gives me hope they will start shipping soon.
Anyone notice the price increase? If they are legit, im glad I got my order in before it went up!
If they are a scam, it makes me happy I got my order in before the price increase!
He's running three of BFL FGPA miners and has had them on for over 6 months and has yet to have an issue with them.
Their FPGA units were delayed as well so it gives me hope they will start shipping soon.
Anyone notice the price increase? If they are legit, im glad I got my order in before it went up!
If they are a scam, it makes me happy I got my order in before the price increase!
Quote
Just because i've got a low post count, and a new account doesn't mean i'm new to the forums. I've lurked this board for years, but never had a reason to post.
same here
Note how many low postcounter guys are here 
Just because i've got a low post count, and a new account doesn't mean i'm new to the forums. I've lurked this board for years, but never had a reason to post.
LOL! Thats an awesome photo!
Anyways, I purchased the jalapeno because my 6870 gives me a hash rate of about 260mhash and i want to be able to decrease the power consumption.
If you think about how this unit works and methods of decreasing your power consumption, the simple answer is a power timer and a laptop.
Regardless if you get a massive hash rate, the fact that you can drastically decrease your power consumption is all that really matters. Its not about how much you can get, its about how effective you are in mining. Precision IMO is everything.
Even if the unit comes late in the game, and the average hash rate is 200-300m/hash, the fact taht you no longer run a machine that hogs power is what really matters. Esp when you stick your laptop on a timer.
Note how many low postcounter guys are here
Us newbies do tend to need some help from time to time
I plan to become a fully active member of the Bitcoin community because I can't believe how ridiculous the financial world has gotten and Bitcoin seems to be a very practical alternative. I'm presently running an HD7850 @ ~270Mh/s and while it's been pretty good so far I wanted a better, more specialized machine to mine with...I just hope BFL delivers.
The reason i felt they weren't scammers was due to a forum post on this site:
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
lol - he has 8 jalepenos on pre-order and he's trying to sell his pre-order pots. huge difference.
NOBODY has a working BFL hasher yet - they said the one guy took delivery but it was a semi employee and a barely functioning protoype that he "left" at the bfl office.
I bought a BFL's Jalapeno but was that a mistake?
Are they scammers?
Are they scammers?
I ordered one too.
The day you get your Jalapeno you wont make any money with it anymore. Maybe a little better than BE.
But hey maybe it worth a try.
Note how many low postcounter guys are here
I bought a BFL's Jalapeno but was that a mistake?
yes. if your pre-order is under #9000, please cancel and get a refund ASAP. If your pre-order # is over #9000, never mind.
Why refunding? They increased the prices so if you ordered with the smaller prices you should be happy. I mean it is like refunding Avalon 2 order...
I completely agree, i didn't purchase a jalapeno to become rich but because I wanted to decrease my power consumption from my current setup (single HD 6870 yields a 267Mh/s).
I don’t profit from it when it runs, but my main reason is I believe in the bitcoin and feel this currency needs to survive and not fall. With a world relying more and more on the internet and being connected, I feel that bitcoins will become more of a recognized standard throughout time.
So the main reason for this purchase was to help a community I believed in, decrease my own cost of power consumption, and experiment.
This was mainly an experiment to see how the units work. I work in the IT industry and often like to see new hardware designs and learn about them, as you never know if you can figure out a use for this style of processor for something other than mining).
I don’t profit from it when it runs, but my main reason is I believe in the bitcoin and feel this currency needs to survive and not fall. With a world relying more and more on the internet and being connected, I feel that bitcoins will become more of a recognized standard throughout time.
So the main reason for this purchase was to help a community I believed in, decrease my own cost of power consumption, and experiment.
This was mainly an experiment to see how the units work. I work in the IT industry and often like to see new hardware designs and learn about them, as you never know if you can figure out a use for this style of processor for something other than mining).
I bought a BFL's Jalapeno but was that a mistake?
Are they scammers?
Are they scammers?
I also bought a Jalapeno (half a year ago) and still don't know if it was a mistake.
BFL behaves very unprofessional (especially concerning the communication with their
customers). My hope is that any scammer would behave more professional (and just
disappear after lets say 3 months of collecting bitcoins).
Also the reasoning for buying a Jalapeno was not the intention to become rich,
but just to contribute to bitcoin and stabilize it by decentralised mining. So I
hope that I can replace my 200MHs FPGA (which just payed off after 1 year of
mining) in a couple of months with something else.
lets believe in bitcoin
The reason i felt they weren't scammers was due to a forum post on this site:
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
He has 8x FPGA Singles, not ASIC Jalapeños
He's trying to sell his 8x Jalapeño pre-order
(could be a scam/maybe he cannot get a refund/trying to profit from his place in the queue)
The reason i felt they weren't scammers was due to a forum post on this site:
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700
The guy says he has 8 of them, and is selling them as he has better ones.
The question is how did he get 8 jalapeno units?
Due to paying with PayPal, and only spending 150$, its not a serious loss, and i have 45 days from yesterday to actually attempt to get a refund which is why i went through PayPal.
So just to confirm, any notion of BFL being scammers is strictly hypothetical, and they might actually ship what people have paid for? I looked up the address for the wire transfer and it was for a construction company...but I keep seeing people who are sure of BFL's ability to deliver as well as people who aren't. I have no idea what to think :/
I bought a BFL's Jalapeno but was that a mistake?
yes. if your pre-order is under #9000, please cancel and get a refund ASAP. If your pre-order # is over #9000, never mind.
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