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Topic: ["WAIT LIST"] BFL SC Pre-Order Information (Monarch orders too!) - page 34. (Read 136393 times)

newbie
Activity: 26
Merit: 0
Just ordered my Jalapeno

8/31/12, 6883, N, 1, 0, 0, -, -, gtrrkicw
newbie
Activity: 29
Merit: 0
Hi mc_lovin,

And anoter one:

08/31/2012, 6872, N, 0, 1, 0, -, -, nederhoed

Cheers, Robert
newbie
Activity: 22
Merit: 0
08/31/2012     6864     N     2     0     0     -     -     smartlight
legendary
Activity: 938
Merit: 1000
What's a GPU?
assuming all these orders will be used for bitcoin mining as well. There are several other opportunities for hashing.
Uh, no, not so much.  Not for these BFL units at least - they can only work the Bitcoin stream because the firmware is locked (or better said, it is undocumented how to develop firmware for it).

Well technically they could be used for other doubleSHA256 purposes, but I don't think there are any Tongue
legendary
Activity: 1400
Merit: 1005
assuming all these orders will be used for bitcoin mining as well. There are several other opportunities for hashing.
Uh, no, not so much.  Not for these BFL units at least - they can only work the Bitcoin stream because the firmware is locked (or better said, it is undocumented how to develop firmware for it).
sr. member
Activity: 462
Merit: 250
assuming all these orders will be used for bitcoin mining as well. There are several other opportunities for hashing.
legendary
Activity: 1400
Merit: 1005
I'm thinking about not paying my order (SC single) because of:

Help me out with the math please, I've been trying to find my error but I can't:

Current network total: 17.368 Thash/s

Total Orders (By Last Seen):   4493

That would mean there's at least a 15TH/s raise in total network hashing power?

If we would call the orders tracked in this topic representative for the population,
(I know they're not, but as raw estimate would be enough for me)
 
average hashingpower in GH /order * number of orders / 1000 to get an amount in TH

(161*3.5GH+194*40GH+22*1000GH)/159*4493/1000
=856 TH
That's more than 20 times the current hashrate?

Am I wrong?
Is there any one who can calculate the mining difficulty in relation to the network hashing power, with my or your estimate of hashing power in a few months?
I don't think it's a good idea to order any SC's right now... not with the number of orders waiting, huge potential for large hashrate increase, and potential of waiting for a year to receive your order.  With a price of $11.00 and the current difficulty/hashrate, an SC Single would pay itself off in about a week.  But, if we reach 500 TH/s (my estimate of where we'll end up with the current backlog of orders, as I am certain those who made large purchases won't be advertising them on the forum), and assume the same price, you're looking at 202 days to pay it off.  If we reach your estimate of 856 TH/s, 345 days.  And keep in mind, this whole time you are trying to pay it off, more people will keep on ordering them, increasing the difficulty (and your payback period) that much more.

With the volatility in Bitcoin price and uncertainty about the difficulty in the future, I wouldn't want to stake my payback on that long of a period.  I think I'd rather just invest in Bitcoins themselves at this point.
hero member
Activity: 633
Merit: 500
Also, don't be so certain that the order number increases by 1 each order.
legendary
Activity: 1499
Merit: 1164
And order number didn't start at 1.
legendary
Activity: 952
Merit: 1000
Remember, while there are over 5,000 order numbers, not all of those have been paid and are going to be shipped units.
member
Activity: 106
Merit: 10
I'm thinking about not paying my order (SC single) because of:

Help me out with the math please, I've been trying to find my error but I can't:

Current network total: 17.368 Thash/s

Total Orders (By Last Seen):   4493

That would mean there's at least a 15TH/s raise in total network hashing power?

If we would call the orders tracked in this topic representative for the population,
(I know they're not, but as raw estimate would be enough for me)
 
average hashingpower in GH /order * number of orders / 1000 to get an amount in TH

(161*3.5GH+194*40GH+22*1000GH)/159*4493/1000
=856 TH
That's more than 20 times the current hashrate?

Am I wrong?
Is there any one who can calculate the mining difficulty in relation to the network hashing power, with my or your estimate of hashing power in a few months?
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
8/3/12  4028  N  0  1  0  -  -  jojo69
hero member
Activity: 633
Merit: 500
Date Paid: 29 August 2012
Order Number:  6637
Trade-In (Y/N): N
Qty SC Jalapeno: 2
Qty SC Single: -
Qty SC Mini Rig: -

Date Paid: 30 August 2012
Order Number:  6714
Trade-In (Y/N): N
Qty SC Jalapeno: 2
Qty SC Single: -
Qty SC Mini Rig: -
newbie
Activity: 29
Merit: 0
Hi mc_lovin,

I bought two BitForce SC's in August:

08/06/2012, 4646, N, 0, 1, 0, -, -, nederhoed
08/26/2012, 6276, N, 0, 1, 0, -, -, nederhoed

Thanks for keeping this up to date! Cheers, Robert
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
Bought myself a Jalapeno. Will order more once I get more money, and if they work/not a scam.

Date Ordered: August 27th 2012
Date Paid: August 27th 2012
Order Number: 6386‏
Trade-In (Y/N): N
Qty SC Jalapeno: 1
Qty SC Single: 0
Qty SC Mini Rig: 0
sr. member
Activity: 462
Merit: 250
Date Paid:27 August 2012
Order Number:  6464
Trade-In (Y/N): N
Qty SC Jalapeno: 2
Qty SC Single: -
Qty SC Mini Rig: -
legendary
Activity: 952
Merit: 1000
6/23 - N/A - Y - 4 - 0 - 0 - N/A - N/A - Crazyates

I ordered a FPGA Single on 6/3. I had the order transferred to 4 Jalapenos when they came out, and Jody said I have a 6/23 order date, but no order number needed.
newbie
Activity: 36
Merit: 0
Aug 1,4256,N,0,3,0,USA

Two uncompleted orders in July for 1 SC each.
full member
Activity: 182
Merit: 100
Date Ordered: August 27th 2012
Date Paid: August 27th 2012
Order Number: 6300
Trade-In (Y/N): N
Qty SC Jalapeno: 1
Qty SC Single: 2
Qty SC Mini Rig: -
member
Activity: 109
Merit: 10
Developer
Date Ordered: August 28th 2012
Date Paid: August 28th 2012
Order Number: 6419
Trade-In (Y/N): N
Qty SC Jalapeno: 1
Qty SC Single: -
Qty SC Mini Rig: -
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