Those little Jalepenos are so cute you just plug them right in and BOOM BTC
Sure the company has been plagued with all sorts of bad decisions, bad calls, bad planning and bad timing but the fact remains they jumpstarted the new generation of Asics mining. It was New technology in a New profitable industry and Greed got the best of most.
The Pre-orders were a bad idea, but maybe it was necessary? If people would have been patient they would have made more money and possibly the difficulty wouldn't have increased as much as it did. Perhaps the price would be much more than what it is now?
I'm sure they'll pull through the madness and get orders caught up hopefully before all the Bitcoins are generated, but at least they're finally starting to ship them out.
Sure the company has been plagued with all sorts of bad decisions, bad calls, bad planning and bad timing but the fact remains they jumpstarted the new generation of Asics mining. It was New technology in a New profitable industry and Greed got the best of most.
The Pre-orders were a bad idea, but maybe it was necessary? If people would have been patient they would have made more money and possibly the difficulty wouldn't have increased as much as it did. Perhaps the price would be much more than what it is now?
I'm sure they'll pull through the madness and get orders caught up hopefully before all the Bitcoins are generated, but at least they're finally starting to ship them out.
Are you kidding me?
They are the 3rd company to release an ASIC. How is that "jumpstarting the new generation of Asics mining". I sure hope this post is satire and I'm just not getting it.
More down to earth - The huge benefit to the BFL machines is the watts used. Should the BTC price go down substantially, they will still be relatively cheap to operate as the watts per Gh is very low relative to the competitors.
I think you are all missing the poing here as BFL has not shipped a damned thing aside a trickle of Jalepeno's of the older design. Not a single unit of the revised BitForce line has shipped, period
Why are you speculating on machines that are vaporware
Questioned the validity of this, and checked a bit.
This is the current BitForce 5 GH/s model, as per the BFL website:
Here are three recent posts indicating customers receiving their pre-orders that look much more like that instead of the old, flat Jalapeno design:
One
Two
Three
Vaporware is simply no longer applicable.
As I said, aside the older Jalepeno (using the newer casing because they completely screwed up and had to redesign them to handle the heat), nothing else has shipped at all. https://products.butterflylabs.com/ NONE of these have shipped in present configuration. The Jalepeno and Little SC look the same but are in fact different products. So yes, until we see some of those units all of that is vaporware that people have paid for and are far behind on their shipping promises. Not a single unit of the new line has been demonstrated or seen.