[Chugalug] BFL Single

Eric Wolf ebwolf at gmail.com
Sat Nov 10 02:47:49 UTC 2012


FYI: I just sold it for $749+shipping on eBay.

-Eric

-=--=---=----=----=---=--=-=--=---=----=---=--=-=-
Eric B. Wolf                           720-334-7734





On Thu, Nov 8, 2012 at 9:42 PM, Lynn Dixon <boodaddy at gmail.com> wrote:

> Chad,
> With the prices of the Jalapeno you should be able to make the entire
> purchase price back in a few months, maybe less if you get it before the
> difficulty goes insane.  ASICs are going to be a huge game changer in
> bitcoin mining, just as much as moving from CPU to GPU mining was.  The
> beauty of the Jalapeno is its super simple to operate, silent, and draws
> less power than charging your mobile phone.
> It actually draws 4.5 watts of power and BFL states you can power it from
> any USB 2.0 computer with only a single USB plug (not like the old dual
> headed dongles of optical drives long gone). They have been focusing on
> their mining front-end called EasyMiner which, well, makes mining using
> their hardware easy. :)
>
> The Jalapeno was specifically designed for new folks to get into mining
> with little cost and risk, and without the complications of a huge mining
> rig like I have. Everyone has also been calling the thing a "Coffee Warmer"
> since you can set a cup of coffee on the thing and keep it warm.  Its also
> going to pretty small so you can stuff it in your laptop bag, and simply
> plug it in whenever you are wanting to mine, anywhere you happen to be.
>
> If you want to take a step a bit larger than the Jalapeno, but not as big
> as a SC Single, BFL is introducing the yet-to-be-named "Mini Single" which
> is half the power of the SC Single, and half the price as well.
>
> So the TLDR: Yes, the jalapeno is an excellent choice for someone who
> wants to get into mining with no experience.  There is a good chance you
> will make your money back in as little as 3 months or so.
>
> Heres some links:
>
> https://forums.butterflylabs.com/showthread.php/16-Announcement-BFL-ASIC-Release-specifications
>
>
> https://forums.butterflylabs.com/showthread.php/251-More-Jalapeno-Pictures-amp-Shipping-Update
>
> https://forums.butterflylabs.com/showthread.php/190-More-board-pics
>
> https://forums.butterflylabs.com/content.php/125-BFL-ASIC-Update
>
>
> https://forums.butterflylabs.com/content.php/121-ASIC-Products-will-carry-a-lifetime-warranty
>
> Hope that helps!
>
>
> On Thu, Nov 8, 2012 at 11:28 PM, Chad Smith <chad78 at gmail.com> wrote:
>
>> I tried bitcoin mining a couple years back, and I don't think I ever got
>> a single bitcoin - I didn't have any dedicated hardware and at the hash
>> rate I was getting, I was losing money just in the power rate alone.
>>
>> That said - in your opinion - do you think getting a Jalapeno would be
>> worth it for the noob bitcoin miner?
>>
>> I wouldn't expect to make a profit in a month or anything, but eventually
>> - as in well less than a year.
>>
>> *- Chad W. Smith*
>>
>>
>>
>> On Thu, Nov 8, 2012 at 10:14 PM, Lynn Dixon <boodaddy at gmail.com> wrote:
>>
>>> Eric,
>>> No offense intended on my offer.  I have been mining a long time, and
>>> keeping up with the mining trends. I have some ASIC hardware (a few pieces
>>> :) ) pre-ordered from BFL since the day the started taking pre-orders.  I
>>> purchase mining hardware with a strict ROI figure in mind.
>>>
>>> Theres a good chance the person you bought the single from replaced the
>>> fan with a larger, higher CFM unit.  That seems to be the trend on the
>>> FPGAs (especially folks using some of the beta firmwares BFL releases).
>>>
>>> If you can sell that Single for $700 bucks on ebay, that might be the
>>> best bet.  If I were you, I would try do a trade-in for an ASIC single, and
>>> just find some way of mining the one you have until BFL asks you to send
>>> your old one in.  They are giving full value on the trade even if you
>>> weren't the original buyer.  Thats a sweet deal in itself. I'm not sure if
>>> you heard, but they have "increased" the hash rate of the  SC singles to 60
>>> GHash.
>>> At the current difficulty and current MT. Gox prices, 850 MHash is
>>> netting around $2.82 per day (about $85 per month). Theres a good chance
>>> you will be able to mine the difference in trade in prices for one of their
>>> SC Singles if you can bear the noise for a few months.
>>> With BFL's new production lines they have been bragging about, and being
>>> able to produce 500 units per day, the network is going to see some massive
>>> increases in hashing power.
>>>
>>>
>>> On Thu, Nov 8, 2012 at 10:40 PM, Eric Wolf <ebwolf at gmail.com> wrote:
>>>
>>>> My plan was to mine and trade up to the SC... But the Single's 32dB
>>>> spec is way off. I'm reading close to 60dBC and 50dBA at normal operation.
>>>> Since the thing needs to be tethered to a computer, I can't stash it
>>>> anywhere out of ear-shot.
>>>>
>>>> I'll just sell it on ebay where the Singles are hovering around $750.
>>>>
>>>> -Eric
>>>>
>>>>
>>>> -=--=---=----=----=---=--=-=--=---=----=---=--=-=-
>>>> Eric B. Wolf                           720-334-7734
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> On Thu, Nov 8, 2012 at 7:50 PM, Chad Smith <chad78 at gmail.com> wrote:
>>>>
>>>>> There's a trade in deal if you plan on getting one of the SC models -
>>>>> http://www.butterflylabs.com/bitforce-sc-release-notes/
>>>>>
>>>>> (Not the Jalapeno)
>>>>>
>>>>> *- Chad W. Smith*
>>>>>
>>>>>
>>>>>
>>>>> On Thu, Nov 8, 2012 at 8:43 PM, Chad Smith <chad78 at gmail.com> wrote:
>>>>>
>>>>>> Am I to understand that the sole purpose of these computers is
>>>>>> BitCoin mining?
>>>>>>
>>>>>> *- Chad W. Smith*
>>>>>>
>>>>>>
>>>>>>
>>>>>> On Thu, Nov 8, 2012 at 8:22 PM, Lynn Dixon <boodaddy at gmail.com>wrote:
>>>>>>
>>>>>>> Eric,
>>>>>>> The ASICs were first announced to be shipping late October, but that
>>>>>>> date has slipped due to the chip manufacturers.  BFL is expecting to ship
>>>>>>> late November, and they have promised to have every single pre-order up to
>>>>>>> Nov. 1st shipped by the end of December.  They have also stated they have
>>>>>>> paid for a bullet run production of 20k chips, and they have their lines
>>>>>>> ready to produce 500 units per day once they receive the chips.  So, within
>>>>>>> 45 to 60 days, the current BFL singles (FPGA) will be pretty much worthless
>>>>>>> as anyone can pickup a Jalepeno for $149 that will hash at 5.5 times the
>>>>>>> speed of the current FPGA singles.
>>>>>>>
>>>>>>> So, once they hit the market, the old singles will essentially be
>>>>>>> worthless since a jalapeno is multitudes faster, multitudes cheaper, runs
>>>>>>> silent, and only consumes about 5 watts of power.
>>>>>>>
>>>>>>> Your best bet is to just mine with the single you have now, try to
>>>>>>> recover as much as you can from the purchase price you gave, and then once
>>>>>>> the asics hit (which will skyrocket difficulty) turn off the old single
>>>>>>> since the 800 mhash wont generate enough btc worth the electricity costs.
>>>>>>>
>>>>>>> Thats why I am offering you the hosted solution.  If you are not
>>>>>>> happy with the noise, I can mine with it on my current rig and give you
>>>>>>> some of the profits.
>>>>>>>
>>>>>>> Other than that, I can offer you about $150 bucks for it since thats
>>>>>>> about all the money I will make in the 2 months before the insane
>>>>>>> difficulty rise makes 800 mhash worthless. Not to mention we're only about
>>>>>>> 25-ish days away from the block reward halving, which has the potential to
>>>>>>> reduce your profits by 50%.
>>>>>>>
>>>>>>>
>>>>>>> On Thu, Nov 8, 2012 at 7:34 PM, Eric Wolf <ebwolf at gmail.com> wrote:
>>>>>>>
>>>>>>>> For how many months have the BFL ASIC singles been "shipping next
>>>>>>>> month"? And if you ordered now, where will you be in the queue when (if?)
>>>>>>>> they finally ship?
>>>>>>>>
>>>>>>>>  -Eric
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>> -=--=---=----=----=---=--=-=--=---=----=---=--=-=-
>>>>>>>> Eric B. Wolf                           720-334-7734
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>> On Thu, Nov 8, 2012 at 5:25 PM, Lynn Dixon <boodaddy at gmail.com>wrote:
>>>>>>>>
>>>>>>>>> Eric,
>>>>>>>>> With BFL asics shipping in the next 30 days, you will have a hard
>>>>>>>>> time selling that single for 100 bucks. The asic jalapeño will do 4.5 ghash
>>>>>>>>> silently using about 5 watts of power and it sells for 149 right now.
>>>>>>>>>
>>>>>>>>> In would be willing to host your single on my dedicated mining rig
>>>>>>>>> and share profits with you. I have solid power and network and would cover
>>>>>>>>> all electricity and cooling costs as well as provide the host rig for the
>>>>>>>>> mining software.
>>>>>>>>> We could create a joint pool account and both share the login for
>>>>>>>>> it to avoid ambiguity and split the btc at a determined rate.
>>>>>>>>>
>>>>>>>>> If your interested in doing this let me know and we can discuss
>>>>>>>>> details.
>>>>>>>>> Boodaddy at gmail.com
>>>>>>>>> On Nov 8, 2012 6:36 PM, "Eric Wolf" <ebwolf at gmail.com> wrote:
>>>>>>>>>
>>>>>>>>>>  Anyone want a BFL Single? I just got it off eBay but even with
>>>>>>>>>> new fans, it's louder than I want in my workspace. I'm running autotune on
>>>>>>>>>> it right now to see how fast it runs.
>>>>>>>>>>
>>>>>>>>>> I'd like to get $700 for it, shipping included.
>>>>>>>>>>
>>>>>>>>>> -Eric
>>>>>>>>>>
>>>>>>>>>> -=--=---=----=----=---=--=-=--=---=----=---=--=-=-
>>>>>>>>>> Eric B. Wolf                           720-334-7734
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>
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