Topic: Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 26. (Read 96804 times)

What's crazy too is that their failures to deliver have very little to do with the fab at this point, it's almost entirely to do with PCB's / serial communications / power (or so they say). It's absolutely impossible that their performance has anything to do with anything other than financial fraud, because their manufacturing is located in the one spot on earth where you can get any of these things done quickly, cheaply, and correctly.

Absolutely its to sucker more people in, I would bet my bottom dollar that if some internal communications were shown, there would be many instances where they would be talking about no way of meeting their previous power consumption targets well before telling everyone, and I would continue to bet that this will be the same way.  How can a company with BA's track record blow away the power consumption targets of the likes of Bitfury, AsicMiner, Spondoolies, and Bitmain?  It just can't be done, they have trailed this entire time and there is no evidence to support that they will suddenly become huge players.  Oops, must watch myself, I could be being paid by the competition for a statement like that...

yep, we paid for the latest technology and are getting yesterday's obsolete junk.

it's like we ordered the latest iPhone and ended up with two soup cans and a length of twine.  but here's a extra soup can.  the twine you'll have to pay for because we're broke.  have we told you about our new BAPhone7?  

thievery, plain and simple.  I didn't pay to fund the next gen equipment.  I paid for equipment that was protected by price matching promises and was promised a refund several months ago.  and.......here's your soup can.


and I agree with greenlion.  more promises with no basis to try to sucker people in.

The fab projects are most likely complete vaporware trying to scam bigger fish than just individual customers, because those power consumption specs are absurd. It doesn't seem out of the question though that they could maybe find a few early adopters with large amounts of bitcoin wealth who, lacking technical expertise and due diligence, could get taken in. That might explain why they were so zealous to nuke their own self-moderated thread right in time for the London conference.

That's about the gist of it. No money for refunds, because they've spent it all on miner parts - now long obsolete - but plenty of money to fund not one, but two fab projects: the 14 nm SHA256 chip and an ASIC Scrypt chip.

Of course, their claims could just be more bullshit. Last I checked, they were still looking for suckers partners to help fund the Scrypt ASIC project at a million a pop.

So if I'm to understand this correctly, when questioned about refunds Alexey Assholeev lectures us about how they're on the brink of bankruptcy, yet they're capable of moving forward on a fab project that will have millions of dollars in upfront cost.

If they are I'd say leave them alone.  It's exactly these type of idiots that kinda, sorta, but not really know what they're doing that make shit that blows up their own people.

Much like Glenn Beck Murdering and raping that girl, I think we really need to examine BA's possible ties to ISIS and/or other Terrorist Organizations more closely.

I'm glad they've got the money for more talent but not the price matching or refunds.  Besides the obvious fact that they would have had to have had some in the first place to add "more"

They're shipping again after finding a new, faster assembly plant after telling us in the first place their capacity was bazillions a month, which was obviously another lie.

And now they are CE certified when they claimed they would be in the first place.  Yet another lie.

Who cares that these are shipping again, these are 8 months late and useless at this point.  Thanks to their utter incompetence market price, which they promised to match, is 1250 for a 2Th/s S4.  Every black arrow X-3 customer starts out 3750 dollars in the hole per unit.

Fuck you Black Arrow.  I'm sure you're all pleased with yourselves to finally be where you should have been 8-9 months ago.  Six monkeys and a macaw could've gotten these out faster than this you lying, incompetent shitbags.  Your customers are in the shitter while you dance on down the road using their money to develop new products, completely in violation of the promises made, but great job.

We have an update from Black arrow

October update

Power supplies - fixed

In the light of the issues encountered with a limited number of the Power Supply units, we have been pushing really hard the power supply manufacturer, Apluspower, to address all the issues. Apart from reliability issues, the PSU did not comply with EM emissions, although our contract with Apluspower clearly mentioned that the PSU must be CE and FCC certified.

As a consequence, after the PSU issues were fixed, Black Arrow went through certification procedures. Prospero X-3 is now CE certified. Please click here to review the certification.

We are happy to report that according to our knowledge, testing and 3rd party certification, Apluspower have now fixed all the problems discovered and reported and we have resumed shipping. Please note that the power supply is certified together with our Prospero X3 as a whole unit and not independently.

The old design PSUs failure rate is lower than 5% and replacement is only required to comply with EU/US legislation due to EM emissions. We will dispatch new PSUs on our own cost to all customers from EU&US who wish to receive a replacement, but please note that customs duty are the responsibility of the receiver. Customers outside of EU&US will be eligible for a replacement only if their PSU is faulty. We will not be requesting our customers to send the old PSUs back.

X1 manufacturing – in testing

We have stopped manufacturing X1 and we will be shipping all remaining customers X1.5 which contains 2 chips and hashes at 160-180 Ghash in an attempt to clear the compensation sooner.

Certification for Prospero X1.5 is in progress.

X3 manufacturing - fixed

We had issues with the speed of built for the new units therefore we had to make a contract with a new business partner who demonstrated that they can manage delivery of large volume in a short period of time.

Our new partner has just finished the first batch of units which will be dispatched today and tomorrow. Their assembly speed is a clear improvement and at this rate we will be finishing all X3 deliveries in next few weeks.

14nm Bitcoin ASIC

We are still heavily involved in the 14nm ASIC project.

We are happy to report that after bringing on board more talent we have exceeded our initial 0.3W/Ghash target by 4.3 times by employing all techniques possible in ASIC and algorithm design. Our current design efficiency is now 70mW/Ghash (0.07W/Ghash) which allows us to build a 1 Terrahash chip in a single die while using 70 Watts at chip level. This will allow development of a 20Thash machine while using 1.5kw.

We intend to make this chip available for sale only from stock (No pre-orders)

minersource can't do much, likewise with all other distributors of blackarrow. its like a chain effect. everyone related to blackarrow is pretty much in deep trouble. Blackarrow is the sole culprit. they overestimated their outsourcing capabilities, overpromised and miscalculated the globalhash growth.

there is no way out except using law.

Dear Customer,

Christmas is here and 2014 is just around the corner.

Let us take this opportunity to wish you and your family the very best this festive season from everyone here at Black Arrow. We hope 2013 has been a productive time for you and your business, and extend our warmest wishes for the New Year.

We are extremely grateful to have you as our customer and look forward to continuing to work with you in the year ahead.

We hope you have time to relax over the festive period. But should you need support, please remember that it is business as usual for our customer service team.

Peace and prosperity! We wish you on these Christmas and New Year! These are the honest wishes of your friends from Black Arrow!

Minersource refused to answer to request for a refund numerous times, even though their continued delay put them in violation of the FTC rules.  It doesn't seem as though they care.  They are probably just looking to get this whole shebang behind them.  They did make sure the machines mined for 24 hours before shipping them to me.  Not sure if that was just to milk them for all they were worth or what.

Have you filed a lawsuit? At this point that's likely your only hope of getting a refund.

So any news on getting refunds AKA our money back from minersource and blackarrow?

Can't argue with that - no miners = no power consumption.

Chuckle 

Please be re-assured we are confident that we have tried our best to accomplish our initial ambitious targets.

However, we came to the conclusion that it is in the best interest of our customers to delay shipping.

However we are happy to announce that Black Arrow Software’s products remain on target for being the best in their class for power consumption.

I do think they're running a mine also.   first their data center was ready to roll, then when they were accused of mining, they said they couldn't be because it didn't exist.  just like most liars, they can't keep their stories straight at this point.

relative to credit card theft/fraud mining on customer equipment is nothing.

if they have the equipment of course they are doing exactly that. they are common fucking thieves.

I suspect everything has gone according to plan and they're sitting on a really fat bitcoin wallet full of mined coins.

yep another moron that thinks he's a genius.  he also designed the cases for these I think, which I also think were supposed to be plastic.

I seem to remember they had issues getting those and ended up with metal cases, which was lucky since these pieces of crap started on fire.  then that same idiot was talking about how the cases were designed to prevent fire from getting outside of them or some such silly shit

that went from a truly stupid design, to a delay, to a lucky break and from what I remember he was acting like hot shit for designing them in that way when in reality it was a total fuck-up.

none of these people seem to have a damn clue that they are unqualified morons.  they all think they're super geniuses when you'd think even they'd be smart enough to see they have fucked this up in every possible way.