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Re: [Announcement] Butterfly Labs
by
cablepair
on 11/09/2012, 23:23:24 UTC
Quote

Kano, I don't want to badmouth Tom or his accomplishments but honestly, his offering is not really competitive to our products.  Our price and performance are far superior in every category so it's not really an issue. I'm glad he's putting out his offering to give people a choice though, but in the end, it all comes down to money and profit for the majority of miners, not ideology.  Do you really think $230 is worth losing over 30% of your hashing power and consuming an enormous amount of power in the process?  You might think so, but most people won't.  Heck, you'd probably make up that $230 in the first few months in power savings alone.



Hi,

I really do not wish to engage in an argument, and to be honest I do not have a problem with BFL or Inaba and would love to keep things civil at all costs.

However a portion of this quote is a lie and it is wrong of you to do this as I never spread mis-information about BFL in my thread.

"and consuming an enormous amount of power in the process?"

You have absolutely NO CLUE the energy efficiency of my bASIC mining device (it is extremely efficient, and uses less electricity than the ModMiner Quad) and I have serious doubts that you even know the exact energy efficiency of your own device(s)

Furthermore the bASIC mining unit offers a minimum (un-optimized) 27Gh/s of Bitcoin mining speed which will very likely increase substantially with proper firmware and software integration once I get these units into the very capable hands of the Bitcoin communities best and brightest developers.

Now, I do not have the man power, or resources to equal that of BFL I admin that, but The reality of the situation is, the bASIC unit is very good competition for your mid grade SC Single unit and could meet or exceed the speed and/or energy efficiency of that device, and at this point it could not be proven otherwise.

I very much want to keep this competition friendly but we do not want to go down the road of trying to lie and spread mis-information about eachother. As I am sure you would agree it would not be good for either of us, so lets just stick to the truth on both sides until we actually have the cold hard facts ok Inaba?

thank you.

Tom