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Topic: LargeCoin Pricing Announced; Taking Pre-Orders - page 2. (Read 30326 times)

sr. member
Activity: 272
Merit: 250
Cryptopreneur
Who cares. What's the deal with all the competitors focusing on making the units more energy efficient, but doubling the cost? The only way competition is ever gonna gain any ground is when they offer better GH/s per $. Electricity cost is not that important when performance gets that high. The hardware will be obsolete by the time it does matter. I'll take a mini rig any day over this thing. You can't win when your focusing on saving pennies at the cost of dollars.
legendary
Activity: 2128
Merit: 1002
the competition will benefit everyone eventually...

i dont think BFL will be able to supply the demand so we should see some others coming up

Did LargeCoin start shipping yet ?
newbie
Activity: 42
Merit: 0
the competition will benefit everyone eventually...

i dont think BFL will be able to supply the demand so we should see some others coming up
legendary
Activity: 3472
Merit: 1724
Has anyone else gotten the most recent Largecoin announcement, the survey I mean?  It seems that BFL has partially succeeded in scaring its competitors.

Yeah. All BFL's competitors must be pissed off, unsure whether they should continue developing their own stuff or leave the ship before it sinks.

legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
Has anyone else gotten the most recent Largecoin announcement, the survey I mean?  It seems that BFL has partially succeeded in scaring its competitors.
vip
Activity: 166
Merit: 100
Well this thread/product is no different from BFL approaches, he posted here actively for the first few pages and since then nothing from the OP. If this product was meant to be released surely he would want to keep it active regarding development and what not?

Actually, it's hugely different. BFL took full payment upfront and delayed shipment for months. For largecoin, according to the OP, only 15% of the price is held in escrow. Better than that, you get to have the product for a full month before paying the remaining price.

When you receive the unit and connect it to the network, you will be granted a temporary mining license enabling the system to mine for a period of 30 days. When we receive the balance of your payment, a permanent mining license will be issued to you.
legendary
Activity: 1358
Merit: 1002
Well this thread/product is no different from BFL approaches, he posted here actively for the first few pages and since then nothing from the OP. If this product was meant to be released surely he would want to keep it active regarding development and what not?

It's not like he hasn't been here looking at what people said Wink

https://bitcointalksearch.org/user/ttul-6982
Last Active:    June 18, 2012, 08:44:04 PM
hero member
Activity: 504
Merit: 502
Well this thread/product is no different from BFL approaches, he posted here actively for the first few pages and since then nothing from the OP. If this product was meant to be released surely he would want to keep it active regarding development and what not?
donator
Activity: 2058
Merit: 1054
Pre-ordering didn't involve transfer of funds.
Huh

The preorder process simply involved giving name, address, and quantity. Then they would whip up an escrow agreement and a deposit would be held in escrow. That second part hasn't taken place, so nobody needs to do a chargeback.

My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)

So you and ttul together in this? You respond as if you are running this vapourware product. Again, he requested pre-order deposit to book a unit but Im pretty sure he got no takers on this piece of vapourware by-product since alot more people would have come here to post about their funds still held up in escrow or something.
I'm assuming Brian is one of the people who preordered. Naturally people who have preordered (including myself) will know a bit more about the process, such as the fact that a concrete request for a deposit hasn't come yet.

I think the quoted number of 31 preorders is very believable. As we said, nobody is complaining about funds held up in escrow because no funds were sent to escrow.

Now, I don't know shit about ASICs, but it's clear that with the 2 companies in question above (Butterfly Labs and LargeCoin) 1 of 2 possibilities MUST be correct:

1) Someone is COMPLTELY FULL OF SHIT in regards to performance/pricing (BFL).
2) Someone got a little TOO GREEDY and will end up missing the boat....(LC)
1. BFL has an incentive to exaggerate the announced specs, to discourage potential competitors and to encourage customers to buy current-gen hardware which can be traded-in. While BFL will certainly be capable of manufacturing the devices at the stated performance and marginal cost if and when they finish development (which could be in a long time), it will be a dubious business decision to offer at those prices. Sound pricing would be beating the competition decisively but no more than that.
2. LargeCoin has stated they're using sASIC which is the "least custom" ASIC. From BFL's words it seems they've put in more money and developing a more advanced type of ASIC. Also, their release time will be later in the future so the may be aiming for better process technologies.
hero member
Activity: 504
Merit: 502
Pre-ordering didn't involve transfer of funds.
Huh

The preorder process simply involved giving name, address, and quantity. Then they would whip up an escrow agreement and a deposit would be held in escrow. That second part hasn't taken place, so nobody needs to do a chargeback.

My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)

So you and ttul together in this? You respond as if you are running this vapourware product. Again, he requested pre-order deposit to book a unit but Im pretty sure he got no takers on this piece of vapourware by-product since alot more people would have come here to post about their funds still held up in escrow or something.
vip
Activity: 166
Merit: 100
Pre-ordering didn't involve transfer of funds.
Huh

The preorder process simply involved giving name, address, and quantity. Then they would whip up an escrow agreement and a deposit would be held in escrow. That second part hasn't taken place, so nobody needs to do a chargeback.

My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)
full member
Activity: 182
Merit: 100
donator
Activity: 1218
Merit: 1079
Gerald Davis
Pre-ordering didn't involve transfer of funds.

Huh

To secure your place in the line, you must make a $4,500 deposit, which will be held in escrow by a third party until product delivery.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)

Pre-ordering didn't involve transfer of funds.
Yeah it's a shame how people think that pre-ordering always requires payment up front. It's a byproduct of how BFL is treating the community.
vip
Activity: 166
Merit: 100
My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)

Pre-ordering didn't involve transfer of funds.
hero member
Activity: 504
Merit: 502
You all assume ttul really had 31 orders and there is no way to verify that its not just his own marketing hype he tried to create.

My absolute best guess is that if someone did pre-order they have allready done a chargeback(hopefully they paid with some form of chargeback capable method)
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Wouldn't it be possible to say that LargeCoin's tech is just not near as advanced? 
Yeah this. If they would have sold them when they made the announcement, they would be free and clear. Since they waited, they've probably blown the NRE and produced a bunch of outdated chips.
newbie
Activity: 18
Merit: 0
Wouldn't it be possible to say that LargeCoin's tech is just not near as advanced?  Also, if LargeCoin keeps their promise to have it in user hands by the end of July that would make them market leader for a while.  There is no way BFL is actually going to have their stuff out anytime soon.
sr. member
Activity: 462
Merit: 250
I heart thebaron

PRICING AND DEPOSIT DETAILS

The C200 IMU is priced at USD $30,000. We are selling 25 units initially, with more to come later in 2012. To secure your place in the line, you must make a $4,500 deposit, which will be held in escrow by a third party until product delivery. You and LargeCoin will sign an escrow agreement to this effect before any money is transferred. The deposit will be returned to you if product delivery does not take place by July 31, 2012.

==============================================

PRODUCT DESCRIPTION

The LargeCoin C200 is the world's first purpose-built Bitcoin mining appliance. Designed to fit within a standard 1U of rack space, the C200 connects to the network using Ethernet, and starts mining as soon as it's plugged in to the wall. Mining is controlled via an online control panel hosted by LargeCoin, which allows you to direct mining shares to the pool of your choice and manage your entire LargeCoin cluster in one convenient place. Each C200 mines at 20GHash/s, consuming a mere 100W. Designed for high density operation, the C200 provides efficient movement of air and is suitable for operating in a fully loaded 42U rack (up to 40 units per rack).


20 GH/s for $30,000 (although some $15,000 pre-orders were taken ?)

Just thought I would BUMP this with BFL's new Press Release recently and compare...

... we have received many orders. We're quickly eating up the first 25, so please fill in the order form soon if you don't want to miss out. In the spirit of openness, we are already at 31 orders and counting, but it's assumed that some people won't fill out the deposit so please do get your order in.

JESUS H CHRIST !

31 Orders = 31 PISSED OFF PEOPLE if BFL can actually come through before 2014......
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
If you search the thread, you'll find some users that claim to have discussed things with them on the phone. Maybe those users ought to give them a ring and see what's up.
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