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Re: Do you think that there is something funny about BFL's new ASIC
by
judas3000
on 13/09/2012, 15:23:25 UTC
 (other form the Lack of Pictures of Stuff like packaging, cases, assembly lines or anything that is involved in the process of making this thing ... oh wait there is picture of a wafer that is shown on at least 6 other websites
https://www.google.com/search?q=semiconductor+wafer&tbm=isch&tbs=simg:CAQSYxphCxCo1NgEGgAMCxCwjKcIGjwKOggBEhTMBskG9gXeA_1QF8gXrA6EDlwPHAxogmY5_1V4e1Z TfidXWnqqj2p5uXwVkKOJhV2FiKyK-VR9cMCxCOrv4IGgoKCAgBEgQvH-IjDA&ei=--xRUJBNid_hBKedgcgO&ved=0CCgQwg4&biw=1440&bih=657

What bugs me the most is the "buy-back" thing.

It just does not make sense and there is no explanation to why. How can a company afford that? When you sell something for 599$ and then later buy back the same thing for the same price which nobody wants to buy any more because there is also the other thing (jalapeno) that's way faster and way cheaper than the original ... you are not going to sell it again.

It sounds a lot like the "establishing trust" in a Ponzi scheme. let's take the numbers to see which magnitude we have here
with the old system (599$/832MHashes) i would get less than 1.4 MHashes per Dollar
with the new system (1299$/40GHashes) i would get more than 20.7 MHashes per Dollar
that's an increase of 1478%
with the upgrade (699$/39168MHases) i'd even get 56 MHashes per Dollar
that's an increase of 4002%

man, even the newest ponzi scheme https://bitcointalk.org/index.php?topic=108832.40 has only a 100% interest

oh wait, let's see what a mining calculator says to this

http://bitcoinx.com/profit/index.php
Hardware break even: 8 days
Net profit first time frame: 3687.60 USD

the upgrade will generate 165$ a day extra

btw, jalapeno

Hardware break even: 11 days
Net profit first time frame: 287.44 USD


i will have a lot of fun watching this thing!