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    <div class="moz-cite-prefix">With how backordered ASICs are (as I
      understand it), would it even be worth putting in an order now?
      How much can we expect out of these expensive ASICs if we have to
      wait a year or more at this point?<br>
      <pre class="moz-signature" cols="72">William Roush


On 9/2/2013 9:48 PM, Phil Sieg wrote:
</pre>
    </div>
    <blockquote
      cite="mid:9ADE4391-D52E-4316-ACDE-93EB84C323F9@gmail.com"
      type="cite">
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      Lynn,
      <div><br>
      </div>
      <div>How do you feel about the little USB ASIC's that do about 330
        Mh/s? each one seems to be about equal to a $400 video card, and
        they are $26-33 each.</div>
      <div><br>
      </div>
      <div>I am interested enough to "play" and $1000 bucks of these on
        one of my extra computers has ONE huge advantage...they are
        shipping NOW.</div>
      <div><br>
      </div>
      <div>Seems like 9-10 Gh/s for $1,000 plus equipment I have lying
        around, and almost free electricity might be a place to start. I
        am not keen on placing an order and waiting who knows how many
        months while the BTC market is in constant flux (this is my
        single largest objection).</div>
      <div><br>
      </div>
      <div>Thoughts? Any second hand knowledge of these little monsters?</div>
      <div><br>
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                  <div style="word-wrap: break-word; -webkit-nbsp-mode:
                    space; -webkit-line-break: after-white-space; ">Phil
                    Sieg<br>
                    President<br>
                    SeniorTech LLC / snapfōn®<br>
                    <a moz-do-not-send="true"
                      href="http://www.snapfon.com">www.snapfon.com</a></div>
                  <div style="word-wrap: break-word; -webkit-nbsp-mode:
                    space; -webkit-line-break: after-white-space; "><a
                      moz-do-not-send="true"
                      href="mailto:phil.sieg@seniortechllc.com">phil.sieg@seniortechllc.com</a><br>
                    <br>
                    Phone: 423.535.9968<br>
                    Fax: 423.265.9820<br>
                    Mobile: 423.331.0725<br>
                    <br>
                    <i>"The computer is the most remarkable tool that
                      we've ever come up with. It's the equivalent of a
                      bicycle for our minds."<br>
                      <br>
                    </i></div>
                  <div style="word-wrap: break-word; -webkit-nbsp-mode:
                    space; -webkit-line-break: after-white-space; "><i>Steve
                      Jobs,<span class="Apple-converted-space"> </span>1955-2011</i></div>
                  <div style="font-style: normal; word-wrap: break-word;
                    -webkit-nbsp-mode: space; -webkit-line-break:
                    after-white-space; "><br>
                  </div>
                </span></div>
            </span><br class="Apple-interchange-newline">
          </span><br class="Apple-interchange-newline">
        </div>
        <br>
        <div>
          <div>On Sep 2, 2013, at 9:35 PM, Lynn Dixon <<a
              moz-do-not-send="true" href="mailto:boodaddy@gmail.com">boodaddy@gmail.com</a>>
            wrote:</div>
          <br class="Apple-interchange-newline">
          <blockquote type="cite">
            <div dir="ltr">Ill be honest with you, I don't see BFL
              hitting their estimated ship dates.  They have never made
              a promised ship date.  I can tell you that they do indeed
              deliver products, and the products they deliver are
              excellent quality.  </div>
            <div class="gmail_extra"><br>
              <br>
              <div class="gmail_quote">On Mon, Sep 2, 2013 at 3:53 PM,
                Keith <span dir="ltr"><<a moz-do-not-send="true"
                    href="mailto:uspatentpending@gmail.com"
                    target="_blank">uspatentpending@gmail.com</a>></span>
                wrote:<br>
                <blockquote class="gmail_quote" style="margin:0 0 0
                  .8ex;border-left:1px #ccc solid;padding-left:1ex">
                  <p dir="ltr">Thanks, Lynn. </p>
                  <p dir="ltr">As soon as I read your review and
                    responded I went looking at bfl's website again. The
                    monarch is probably where I would drop the cash. </p>
                  <p dir="ltr">I doubt I can swing more than one without
                    my wife shooting me, but it'd be nice to have two or
                    three running if possible.</p>
                  <p dir="ltr">BFL seems to think they can make their
                    dates this time. I'll let you guys know if I take
                    the plunge and how it turns out. </p>
                  <p dir="ltr">That would be my first BTC rig, so I'd
                    probably be hitting you guys up for advice. </p>
                  <p dir="ltr">Thanks, <br>
                    Keith </p>
                  <div class="HOEnZb">
                    <div class="h5">
                      <div class="gmail_quote">On Sep 1, 2013 10:11 PM,
                        "Lynn Dixon" <<a moz-do-not-send="true"
                          href="mailto:boodaddy@gmail.com"
                          target="_blank">boodaddy@gmail.com</a>>
                        wrote:<br type="attribution">
                        <blockquote class="gmail_quote" style="margin:0
                          0 0 .8ex;border-left:1px #ccc
                          solid;padding-left:1ex">
                          <div dir="ltr">Keith,
                            <div>I can't find my blasted watt meter to
                              measure power consumption.  I can't
                              remember if I leant it out to someone, or
                              if I have just misplaced it.</div>
                            <div><br>
                            </div>
                            <div>I am guessing that my unit is in about
                              the same lines as all the other BFL
                              60GHash singles shipped, and thats
                              anywhere from 350 to 375 watts of power,
                              which is extremely effecient when compared
                              to one of my 500 Mhash GPU consuming 250
                              to 300 watts.</div>
                            <div><br>
                            </div>
                            <div>It's hard to say if buying now would
                              net you quick profits. I would look at
                              some of the calculators that are out
                              there.  My favorie is the one at <a
                                moz-do-not-send="true"
                                href="http://mining.thegenesisblock.com/"
                                target="_blank">http://mining.thegenesisblock.com/</a> 
                              since it allows you to easily tweak the
                              numbers to give different scenarios.  
                              Keep in mind that alot of companies are
                              beginning to ship ASIC's now, and BFL has
                              announced their Monarch which is a 600
                              GHash unit that runs on around 300 watts
                              in a nice PCI-E form factor to make it
                              super dense.   </div>
                          </div>
                          <div class="gmail_extra"><br>
                            <br>
                            <div class="gmail_quote">On Sun, Sep 1, 2013
                              at 7:54 PM, Keith <span dir="ltr"><<a
                                  moz-do-not-send="true"
                                  href="mailto:uspatentpending@gmail.com"
                                  target="_blank">uspatentpending@gmail.com</a>></span>
                              wrote:<br>
                              <blockquote class="gmail_quote"
                                style="margin:0 0 0 .8ex;border-left:1px
                                #ccc solid;padding-left:1ex">
                                <p dir="ltr">Hi Lynn, </p>
                                <p dir="ltr">Have you tested the power
                                  usage for it yet? </p>
                                <p dir="ltr">In your opinion would it be
                                  worth it to order one of these now, or
                                  is it basically too late? </p>
                                <p dir="ltr">Thanks, <br>
                                  Keith</p>
                                <div class="gmail_quote">
                                  <div>On Sep 1, 2013 2:00 PM, "Lynn
                                    Dixon" <<a moz-do-not-send="true"
                                      href="mailto:boodaddy@gmail.com"
                                      target="_blank">boodaddy@gmail.com</a>>
                                    wrote:<br type="attribution">
                                  </div>
                                  <blockquote class="gmail_quote"
                                    style="margin:0 0 0
                                    .8ex;border-left:1px #ccc
                                    solid;padding-left:1ex">
                                    <div>
                                      <div dir="ltr">For those
                                        interested in Bitcoin on the
                                        lug, I have finally received my
                                        first Butterfly Labs Single.
                                        <div><br>
                                        </div>
                                        <div>Here's a quick review:</div>
                                        <div>Well packaged during
                                          shipping, and was shipped USPS
                                          2-day priorty mail with
                                          signature required.  </div>
                                        <div><br>
                                        </div>
                                        <div>The build quality is
                                          fantastic.  Really nice
                                          brushed aluminum black case
                                          that has rounded edges and
                                          corners, and a nice laster
                                          etched Butterfly Labs logo.
                                           The power supply brick was
                                          about 1.5 times larger than
                                          your typical Xbox 360 power
                                          brick for comparison.  The
                                          power brick has a built in
                                          cooling fan which I thought
                                          was pretty slick. The ASIC
                                          miner uses PCI-e power
                                          connectors and the power brick
                                          is outfitted with PCI-e plugs
                                          as well.  Overall its a very
                                          well designed and well built
                                          piece of hardware.  I am
                                          really happy with it.</div>
                                        <div><br>
                                        </div>
                                        <div>Now, the good part. How
                                          well does it run?  In a
                                          nutshell...like a dream.  It
                                          has been a little over 24
                                          hours, and it has already
                                          generated me just over .5 BTC
                                          (about $70). It has some
                                          really powerful fans that are
                                          a bit louder than I had hoped,
                                          but I honestly can't hear it
                                          in my datacloset.  I used
                                          BFL's EasyMiner for the first
                                          24 hours just to get the full
                                          experience.  I am planning on
                                          swithching over to CGMiner in
                                          afew days.</div>
                                        <div><br>
                                        </div>
                                        <div>Here is a screenshot of
                                          Easyminer, and the
                                          performance: <a
                                            moz-do-not-send="true"
                                            href="http://i.imgur.com/smdFgjD.jpg"
                                            target="_blank">http://i.imgur.com/smdFgjD.jpg</a>
                                           </div>
                                        <div><br>
                                        </div>
                                        <div>Another screen snippet of
                                          the asic running compared to
                                          one of my GPU's on EclipseMC
                                          mining pool:  <a
                                            moz-do-not-send="true"
                                            href="http://i.imgur.com/5ozLrQa.jpg"
                                            target="_blank">http://i.imgur.com/5ozLrQa.jpg</a></div>
                                        <div><br>
                                        </div>
                                        <div>EasyMiner has a cool
                                          "earnings" section that pulls
                                          the latest difficulty and
                                          latest exchange rates to give
                                          you an idea of your scheduled
                                          earnings.  Right now, its
                                          looking like this 60GH/s rig
                                          should return about $2000 per
                                          month. This is pertty
                                          consistent with all of the
                                          other ROI calculators I have
                                          used.</div>
                                        <div><br>
                                        </div>
                                        <div>Financial analysis:</div>
                                        <div>At the current difficulty
                                          and exchanges, this rig should
                                          generate about .45 - .5 BTC
                                          per day, which is about $65 -
                                          $70 average per day.  Most
                                          calculators I have used puts
                                          monthly revenue at around
                                          $1800 - $2000 per month. </div>
                                        <div>Here is my numbers plugged
                                          into TheGenesisBlock's
                                          calculator:</div>
                                        <div><span
                                            style="font-size:12pt;font-family:Calibri,sans-serif"><a
                                              moz-do-not-send="true"
                                              href="http://mining.thegenesisblock.com/a/5f1c18143a"
                                              title="http://mining.thegenesisblock.com/a/5f1c18143a
Ctrl+Click
                                              to follow link"
                                              target="_blank">http://mining.thegenesisblock.com/a/5f1c18143a</a></span><br>
                                        </div>
                                        <div><br>
                                        </div>
                                        <div>I purchased my 60 GH/s unit
                                          for about $1375 back in June
                                          of last year, and I am
                                          figuring about a 3 to 5 week
                                          payoff period, and calculating
                                          a 75% increase in difficulty
                                          per month in my ROI
                                          estimation.</div>
                                        <div><br>
                                        </div>
                                        <div>This thing was well worth
                                          the wait. Butterfly labs may
                                          be horrible at meeting
                                          deadlines, but they are really
                                          good at designing a product.
                                          This thing runs great, looks
                                          awesome, and is generating an
                                          impresive ROI.  After mining
                                          with it for a full day, I have
                                          already placed my pre-order
                                          for some Monarchs:  <a
                                            moz-do-not-send="true"
href="https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html"
                                            target="_blank">https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html</a></div>
                                        <div><br>
                                        </div>
                                        <div>Feel free to discuss, but
                                          please, lets keep this BTC
                                          thread civil and on topic :-) </div>
                                      </div>
                                      <br>
                                    </div>
                                    <div>_______________________________________________<br>
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