log☇︎
73500+ entries in 1.093s
Anduck: the KIT now happened to include more m-boards than it advertised but the PERFORMANCE is still as promised!!!!!!!!
fractal: we are talking about UNITS, as per the bet language.
Anduck: the 400gh KIT was advertised as taht
fractal: Anduck: The 400Gh unit, as advertised, is "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"
Anduck: fractal: they were sold as kits
fractal: Anduck: which means the bet is a no, since the hardware does not perform as advertised.
fractal: Anduck: no, its not. As per the website - the 400Gh unit -- as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"
fractal: The bet says the 400Gh unit -- as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" must be 400Gh. IT ISN'T
fractal: tyrion70: yes. And the 400Gh unit -- as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- did not meet performance targets
tyrion70: Devices must meet advertised performance (25 GH/s unit 40W, 400 GH/s unit 400W) in order to be accepted as valid.
fractal: Then 'as advertised' would make it a bad bet... and it wouldn't have been accepted.
fractal: tyrion70: it says as advertised . Unfortunately, that is where it was advertised.
fractal: And the 400Gh unit -- as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- did not meet performance targets
tyrion70: fractal: the bet doesn't say "as advertised on the website www.blabla" .. the bet specifies the exact conditions itself.. without a need to read some website..
fractal: And since the hardware didn't perform as advertised -- the bet is a no.
Anduck: and they failed that but the overall performance of the whole 400gh unit/kit is as advertised
Anduck: the whole unit works as promised
Anduck: _and_ performance means that W/GH is as promised
Anduck: 400gh UNIT PERFORMANCE AS advertised
Anduck: it says PERFORMANCE as advertised
fractal: tyrion70: yes it does . the bet says 'as advertised' . the hardware is http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/ -- 400Gh unit -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- as advertised
Anduck: there's no such thing as 400gh unit = 1 m-board + 16 h-boards
fractal: tyrion70: http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/ -- 400Gh unit -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- as advertised -- the hardware did not perform as advertised. The bet clearly states that the hardware must perform as advertised. All conditions of the bet were not met.
tyrion70: "Bitfurystrikesback.com (Bitfury EU reseller) will ship their 25 and 400 gigahash mining units before 1st of September 2013. Devices must meet advertised performance (25 GH/s unit 40W, 400 GH/s unit 400W) in order to be accepted as valid. Atleast 5 deliveries confirmed by respected members of the community required."
Anduck: there's no such thing as 25 gh device since it's all modular
fractal: As per the website - a 400Gh unit is "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"
Anduck: there's no such thing as 400 gh device
fractal: thats not what the bet says -- it says 400Gh UNIT must be 400Gh, a unit is as advertised - '"1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips"
Anduck: but people got 18-20 h-boards + 2 m-boards as the 400gh unit
Anduck: as unit i meant the 400 gh package of mining gear
fractal: If the bet was voided, I would not mind as I do feel badly for Anduck -- he wrote the bet wrongly to what he meant. I have a conscience.
fractal: I can only hope that most rational people will look at the bet langugage, and then look and see that the 400Gh unit --as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- missed performance targets, and that the not all conditions of the bet were met.
fractal: No, thats not what the bet says.... Maybe you can strech the argument for the 25Gh card by saying its modular (even though i disagree because AS ADVERTISED it was 1 card), but you certianly can't for the 400Gh unit
Anduck: the 25gh unit still _performs_ (promised hashrate at promised watts usage) as promised
Anduck: yeah 25gh unit was advertised as a single h-card. but it took 2 h-cards to make the unit.,
fractal: A 25 gh unit was advertised as a single H-card. -- I'm pasting it all the time because you don't seem to realize that the bet says hardware device/uni AS ADVERTISED' -- i'm only going by the bet language
fractal: the 400Gh unit --as advertised -- is "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" --
fractal: Again, I'm only going by what the bet actually says -- Thats why I bet NO. because I didn't think their 400Gh unit as advertised would meet targets -- and they'd have to refund (or ship more hardware) to make up for their mistakes and underperformance.
fractal: it says 'As advertised'
fractal: Anduck: the 400Gh unit --as advertised -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- failed to meet hashrate performance targets.
fractal: -- 400Gh unit -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- as advertised -- the hardware did not perform as advertised.
Anduck: how the fuck it failed on performance if it eats less than 1 W/GH as promised???
Anduck: the bet says people who order 400 gh will get 400 gh and it will perform as promised!!!!
Anduck: not about amount of hardware needed for the unit. it as about the _performance_
fractal: http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/ -- 400Gh unit -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- as advertised -- the hardware did not perform as advertised. The bet clearly states that the hardware must perform as advertised. All conditions of the bet were not met. Therefore the bet is a NO.
Anduck: it was about the W/GH as the brackets say
fractal: http://www.bitfurystrikesback.com/product/400gh-miner-october-2013/ -- 400Gh unit -- "1 Master board 16 hashing boards with 16 Bitfury 55nm ASIC chips for total of 256 chips" -- as advertised -- the hardware did not perform as advertised.
Anduck: BFL was just used here as an example of an asic supplier
fractal: which is what was advertised as a '400Gh' unit, according to the website
fractal: 400Gh unit did not perform as advertised
Anduck: but i must again say: he ordered 400gh unit and 25gh unit and got both, both performing as advertised (except he got extra hardware for that)
mircea_popescu: like, you know, the low effort high pay ones such as state senator.
mircea_popescu: such as, cunt. that'd be good.
mircea_popescu: what the fuck, i have raw vids of about a dozen girls im probably going to straight delete as i can't be bothered to have edited
thestringpuller: as in at any time is someone wanting to buy stock?
jborkl: well it isbhot as shit here
mircea_popescu: same way as bitcoin
jurov: the impostor added the assholes as per his taste
kingofsports: such as options, where in many cases u never hold the stock u just lose or instantly profit if u buy at a strike price
gecko_x2: and limited, so for ex there can exist only so many second coins as there are seconds in 500 years
mircea_popescu: as in, look, they're getting bitcoin, let's take our business there.
ThickAsThieves: "Friedberg has spoken at industry conferences including Bitcoin London and Bitcoin 2013, and has been quoted in major publications such as Fox Business, Tech Cocktail, and Business Insider. Friedberg has also published his work on the Bitcoin Foundation blog.
ThickAsThieves: 'One day after customers reported receiving emails indicating that Bitcoin exchange Tradehill was closing shop for the second time in as many years, the trading service confirmed on its website that it had “temporarily suspended trading.” '
mircea_popescu: basically as all mtgox btc are eaten up + whatever tux can borrow from his fraudster friends in the scam foundation
San1ty_: So IMHO, a bond as an issuer is more risk then just selling BS Shares.
mircea_popescu: pankkake as they can't go up enough to make ten dollar tom "oprah rich", they're not "Worth it".
Ogedei_: as far as i know at least
mircea_popescu: "other, smaller venues which deliver actual mining units which you are invited to consider as peripheral to our five boxes of fans"
mircea_popescu: As we continue to ship more product, the majority of the hashrate on the network is provided by Butterfly Labs equipment. <<< lol.
ThickAsThieves: "The counter argument is that the Monarch is still in development and won't start shipping until December. The 65nm products shipping now have a good ROI as of this writing. Market conditions are changing of course, but an increasing BTC price extends the life of all mining hardware. There is great value in taking delivery of your 65nm now."
ThickAsThieves: This is a question of mining strategy and is a personal decision. As a hardware manufacturer, BFL only guarantees the performance of our products, not the market conditions of their use. This makes it hard to give advice on mining strategy."
ThickAsThieves: As we continue to ship more product, the majority of the hashrate on the network is provided by Butterfly Labs equipment. There are other, smaller ASIC bitcoin mining device manufacturers entering the market with products as well, but the difficulty will continue to rise in proportion to the shipping of our 65nm miners."
kakobrekla: i think commenting counts as using the service.
fractal: the genesisblock calculator is pretty innaccurate as a 'month' could have an unknown number of diff jumps
mircea_popescu: suppose people want refunds enough for a batch and a half. what then ? they refund one bach onl;y, as the 2nd isn't whole.
ThickAsThieves: "The Justice Department will not attempt to challenge state laws that allow for the medical and recreational use of marijuana as long as the drug sales do not conflict with eight new federal enforcement priorities."
ThickAsThieves: <fractal> they wouldn't attack it, they'll mine and make profit <<<< this is bitcoin working as intended
mircea_popescu: 14nm is MAYBE 3x as efficient per gram of silicon as 28nm.
mircea_popescu: fractal more important : there are dozens of people who can make their own miners as it is now.
fractal: mircea_popescu: you're right... i just looked it up and samsung is making 14nm as well...
fractal: mircea_popescu: if you follow the inevitable logic -- the entity with access to the smallest manufacturing process will control a PoW such as SHA256. There is 1 entity who always has the smallest fab process -- Intel.. they can do 14nm and put the rest out of business. They won't until the US Government asks them to, or until mining is worth $5B / year or so to make it worth it
mircea_popescu: as it stands right now, any attack on the bitcoin network requires the attacker spend some dough on making chips.
jborkl: if you have 100 gh, you get to vote as a miner with 100 gh
mircea_popescu: as to whether we break bitcoin to make teh gobernmint happy or no.
fractal: mircea_popescu: some devs expressed the same sentiment as me regarding botnets
mircea_popescu: we have absolutely no problem producing parts as it is now.
ThickAsThieves: "With ASICMINER today announcing blades for as low as 3.5BTC, it appeared that Avalon chips that do not mine today are not going to break even any more. While those blades went already out of stock after some hours, the new price for mining rig is officially set. Essentially this means that if Avalon does not ship the remaining chips fully within the next two weeks, they become worth
mircea_popescu: that's one sad turn of events tbh, they certainly impressed back in the fpga days when they figured out what old chips bfl sanded off to pass as their ip
mircea_popescu: fractal there's such a thing as a turing machine
fractal: of course, delayed is just as bad as not shipping at all since if difficulty is too high, the chips are useless ..... but thats another argument
fractal: hahahah you gotta love mircea_popescu's confidence ;) i actaully love seeing MPOE-PR posts on the forums and the rage replies.... although it will only work as long as he's right about everything ;)
mircea_popescu: ThickAsThieves usacoin wouldbe implemented as a googlecoin
mircea_popescu: but yes, in a historical perspective this is correct, had it been a few decades late it'd have bnever vbeen possible as such
ThickAsThieves: more likely to have Amazon or Google coin as a threat than the usacoin
mircea_popescu: fractal not really. people would keep their savings in btc and buy chinacoin/uscoin/swisscoin as needed
zoinky: even if they did, i bet the exchange rate to BTC would be the same as USD
ThickAsThieves: she now sees me as a little crazier than before
mircea_popescu: as in "sec who and quo warranto ?"
mircea_popescu: which as a side point makes all the sec posturing rather lol.
fractal: not that hard -- we can use Gold as model for BTC -- kings and tyrants were the largest gold holders, and slowly holdings moved