what will we do with all those obsolete asics in a few months?

deathcode

copper member

Activity: 1428

Merit: 253

Quote from: wrenchmonkey on October 23, 2013, 08:32:30 PM

Quote from: Paladin69 on October 20, 2013, 12:04:07 AM

Quote from: ?? on ??

Just sold my jalapeño for more money so not my problem anymore

Isn't it funny how BFL screws us ... we then transition that screw job onto other people?

Greed just feeds more greed. What you did is on a very small scale compared to what BFL did to its customers. Putting that in perspective leaves me with no doubt in my mind that BFL was pulling all sorts of shit. probably in ways we haven't even considered yet.

Not even remotely similar to what BFL did. BFL lied about delivery dates, delayed, delayed, delayed, delayed. Then stopped allowing refunds once they realized people were about to request refunds en mass.

What I did doesn't even compare to what BFL did. First of all. I published my Jalapeno on eBay with all the specs. I published it as soon as I received the shipment notification and I posted the tracking number so people knew it was coming and it was going to be IN HAND at the time the auction ended.
I posted a photo of the box as soon as I received it in the mail. so I updated the auction with up to date information.
I didn't even open the box, I wasn't even curious.
I paid 3.x BTC for it (I bought it in march when bitcoin was like $47! so, I guess at current prices, I lost money but to be fair, I paid 160 and sold it for 400 fiat so whatever... you decide if I lost money or I made money..
how was I deceiving when I didn't force ANYONE to buy my product, when I advertised and I delivered in promised time. (shipped priority and it was shipped the next day the winner paid).
Anyways, I don't see how I screwed anyone else. Maybe the person who bought it wanted the chips to learn how to build his/her own miner, I don't know what people do with ASICS these days, especially slow ones like the Jala...
Again, not my problem anymore... it was a bad investment and I got rid of it as soon as I could!

klee

legendary

Activity: 1498

Merit: 1000

Is mining an sha256 alt not worth the trouble?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

The more efficient ASICs aren't going to be obsolete in a few months at least not in low power cost areas. What is going to obsolete a 0.8 J/GH miner ... someone buying another 0.8 J/GH miner? Why would they if it is obsolete? If they don't how did the first one become obsolete.

For difficulty to go up someone has to be deploying hardware. Now the BFL 65nm stuff, ASICMiner, Avalon, etc yeah that is likely going into the trash in 2014 but I say it is more like summer 2014. It will get traded from people with high power (who should never have considered mining to begin with) to those with low power and then from their to the trash heap.

madsusies

sr. member

Activity: 428

Merit: 250

BitcoinEvo [$XBTE]

Quote from: Zaghomat on October 19, 2013, 06:09:37 AM

Do you think there is gonna be any use for all those useless asics? can it be hacked to do something else?

Basically in EU is a law where you can return stuff and ask money back (in case knc you pay VAT which means they can paly dead birth), in my case mercury stop mining after 20min is just waisting of electricity the firmware do not solve the problem

Threader

sr. member

Activity: 406

Merit: 250

Take a dump inside my Single and RMA back to BFL Tongue

ralree

hero member

Activity: 518

Merit: 500

Manateeeeeeees

Quote from: User705 on October 23, 2013, 08:36:06 PM

Quote from: Zaghomat on October 19, 2013, 06:09:37 AM

Do you think there is gonna be any use for all those useless asics? can it be hacked to do something else?

I've suggested an ASIC water heater for households which can then possibly be augmented with a steam sauna room. Grin

I should hook it up to my hot tub heater!

User705

legendary

Activity: 896

Merit: 1006

First 100% Liquid Stablecoin Backed by Gold

Quote from: Zaghomat on October 19, 2013, 06:09:37 AM

Do you think there is gonna be any use for all those useless asics? can it be hacked to do something else?

I've suggested an ASIC water heater for households which can then possibly be augmented with a steam sauna room. Grin

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: Paladin69 on October 20, 2013, 12:04:07 AM

Quote from: ?? on ??

Just sold my jalapeño for more money so not my problem anymore

Isn't it funny how BFL screws us ... we then transition that screw job onto other people?

Greed just feeds more greed. What you did is on a very small scale compared to what BFL did to its customers. Putting that in perspective leaves me with no doubt in my mind that BFL was pulling all sorts of shit. probably in ways we haven't even considered yet.

Not even remotely similar to what BFL did. BFL lied about delivery dates, delayed, delayed, delayed, delayed. Then stopped allowing refunds once they realized people were about to request refunds en mass.

amencon

sr. member

Activity: 410

Merit: 250

Quote from: Paladin69 on October 20, 2013, 12:04:07 AM

Quote from: ?? on ??

Just sold my jalapeño for more money so not my problem anymore

Isn't it funny how BFL screws us ... we then transition that screw job onto other people?

Greed just feeds more greed. What you did is on a very small scale compared to what BFL did to its customers. Putting that in perspective leaves me with no doubt in my mind that BFL was pulling all sorts of shit. probably in ways we haven't even considered yet.

Had deathcode waited 6-12 months after the sale of his jalapeno before delivering, you might have a point. Otherwise it's nothing like what BFL did at all, quite the opposite in fact if he shipped the unit after the sale as is the likely case here.

Oh also he'd of had to mislabel the efficiency of the miner to the seller so that when they got the machine it actually took up more space and sucked more energy for the same promised hash rate.

DPoS

sr. member

Activity: 462

Merit: 250

Quote from: Paladin69 on October 20, 2013, 12:04:07 AM

Quote from: ?? on ??

Just sold my jalapeño for more money so not my problem anymore

Isn't it funny how BFL screws us ... we then transition that screw job onto other people?

Greed just feeds more greed. What you did is on a very small scale compared to what BFL did to its customers. Putting that in perspective leaves me with no doubt in my mind that BFL was pulling all sorts of shit. probably in ways we haven't even considered yet.

ponzi is ponzi.. same ol shit

Paladin69

hero member

Activity: 784

Merit: 1000

Quote from: ?? on ??

Just sold my jalapeño for more money so not my problem anymore

Isn't it funny how BFL screws us ... we then transition that screw job onto other people?

Greed just feeds more greed. What you did is on a very small scale compared to what BFL did to its customers. Putting that in perspective leaves me with no doubt in my mind that BFL was pulling all sorts of shit. probably in ways we haven't even considered yet.

Wesly

full member

Activity: 185

Merit: 100

You guys can send them all to me, I will pay for the cost of shipping Wink

1l1l11ll1l

legendary

Activity: 1274

Merit: 1000

I'm not waiting for the inevitable, I already recycled all mine.

ralree

hero member

Activity: 518

Merit: 500

Manateeeeeeees

Depending on a few factors, pointing at an altcoin might be feasible for a while. Also, with the exchange rate going up, BFL equipment won't stop being profitable until well over 1 billion difficulty @ 0.10 USD/KwH, so we'lll see when we get there. I plan on making a little museum display Cheesy

.

Just ran the numbers - 6 billion difficulty at current pricing is power cost equivalent for a 60GH single. My prediction is we won't see that kind of difficulty for at least a year.

3DX4D

member

Activity: 65

Merit: 10

Quote from: Threader on October 19, 2013, 08:10:18 AM

Give jalopenos to your mother in laws and tell them they are ionizer air filters Cheesy

Damn, my monster in law is constantly asking me do shit for her (not because I'm especially good at it or anything but mostly because her sons are morons). Next time she asks me to do something I should bring my Jally there set it up run it in the background on her pc and tell her its a new modem or router or hub or something (she'll buy anything), I can run it forever then! Stealing that buck fifty a month will really pay off in the long Roll Eyes

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

They could be used as heating devices, don't know if they are very efficient though

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Quote from: Threader on October 19, 2013, 08:03:42 AM

Its going to be winter so if they stay a penny or two close to electricity cost they can continue to heat my basement.

My charitable donation to the BTC community.

The Redhash Avalon clone may have the backplane repopulated with Avalon2 units if the price is right.

Come spring the BFL 65nm units all paper weights.

Except Avalon gen2 won't be fully compatible with gen1 hardware...

Threader

sr. member

Activity: 406

Merit: 250

Give jalopenos to your mother in laws and tell them they are ionizer air filters Cheesy

3DX4D

member

Activity: 65

Merit: 10

Quote from: Threader on October 19, 2013, 08:03:42 AM

Its going to be winter so if they stay a penny or two close to electricity cost they can continue to heat my basement.

My charitable donation to the BTC community. Come spring paper weights.

Once they cross the electricity to btc threshold you could always give them to someone you don't like!

Threader

sr. member

Activity: 406

Merit: 250

Its going to be winter so if they stay a penny or two close to electricity cost they can continue to heat my basement.

My charitable donation to the BTC community.

The Redhash Avalon clone may have the backplane repopulated with Avalon2 units if the price is right.

Come spring the BFL 65nm units all paper weights.

Topic: what will we do with all those obsolete asics in a few months? (Read 2050 times)