Quote from: Inaba on April 29, 2013, 05:07:23 AM

Quote from: charleshoskinson on April 29, 2013, 04:17:37 AM

(1) This does not mean BFL is not a ponzi scheme. Just because they built a product in no way vets the company's operations

False. If you knew anything about the development of hardware, specifically ASIC devices for Bitcoin mining, you would realize how utterly ridiculous this statement is.

Quote

(2) BFL has never demonstrated a working 25, 50, and 1500 GH/s unit

Your point being?

Quote

(3) They accepted millions of dollars in preorder money and have yet to ship any units to the general public in the queue

Completely false.

Quote

(4) No reliability testing has been done on these units

Also completely false.

Quote

(5) BFL has not been audited and thus we don't know if they have been using their ASICs to mine until it's no longer profitable and then ship. (Double dipping)

Also false, if for no other reason than: If BFL is doing as you say, why has the global hashrate not increased beyond any accountable figures? Again, it's clear you have zero understanding of anything related to hardware mining, so please stop trying to insert yourself into the conversation when have absolutely no idea what you're talking about.

The burden of proof lies with you. You can't just say "false!" and move on. PROVE IT'S FALSE.
I was looking to purchase THREE of the BFL 50GH/s rigs, but from what I've gathered from this thread, by the time I GET a rig, It would be worthless to have invested the 8 grand to do it.

hippylabrat

Posts

Merits