Isn’t BTCFPGA dead already?

Things have moved on with BTCFPGA, going from strange to bizarre there is a new update on the official BTCFPGA website.

Apparently after the infamous Asian Buyers deal fell through leading to a series of strange posts that ended in the total failure of BTCFPGA there are now Canadian Buyers according to a wall of text on the official website pictured to the right and quoted below.

In one huge paragraph, the author has covered may topics, ranging from the simple “”Tom” or “Dave” is no longer affiliated with this company in anyway.”  to the informative “My company has been developing custom ASIC and FPGA based solutions for decades we work in the military and telecommunications sectors and can accomplish this task at ease.” all the way to inflammatory statements like “BEWARE OF BFL. ITS ALL LIES”.

I will leave you to make up your own mind.

UNDER NEW MANAGEMENT – “Tom” or “Dave” is no longer affiliated with this company in anyway. We are a specialized devision of a huge corporate electronics manufacturer in Canada and we want you to get to know us before we take even 1 order. Ordering has been suspended for now and we are sorting out the banking and tax issues with Tom. Hopefully he does the right thing and for his credit he has givin us zero indication that he does not have full intention of doing the right thing. Luckily for everyone Tom seems to be doing the best he can to refund every single customer in a timely fashion. Now I know we lost most of our customers and that is fine. We plan to show full video proof before we take 1 single order and unlike some competitors these shipments willl be coming from the USA and will include USPS tracking numbers (DHL for international customer) Now for the hard truth We have strong reason to believe that BFL has been stringing you along all this time beause it needed your money to cover their R&D / NRE costs, its quite likely they are even using Pre-sale orders to pay their employees saleries which i am not sure of US law but is illegal in Canada. BEWARE OF BFL. ITS ALL LIES. Their terms of service contract is basically setup so they can legally take your money and there is nothing you can do about it. Yes Finally! Avalon comes out with the first ASIC device but how many will we actually see in customers hands by months end. How about the end of Febuary, March? These numbers will be very low. The sheer unprofessionalism of the supossid leaders in this industry is down right appaling talking about Bitcoin in general it’s mind boggling – how these companies like BFL and bASIC can just string their customers along for months and no one comes out with anything better. My company has been developing custom ASIC and FPGA based solutions for decades we work in the military and telecommunications sectors and can accomplish this task at ease. We currently have a full functioning and hashing prototype which we plan to bring to production next week. We understand time critical solutions and it is our specialty. Instead of a full Standard CELL ASIC whch takes AGES to complete low success rates and extremey high NRE we are using FPGA hard copies of what is probably the best FPGA Bitcoin mining core in history (no it is not open source sorry ). Our ASIC chips can mine at over 2 gh/s comfortably and at a very low clock, which will ensure excellent heat disapation as well as chip longetivity. The inexpensive nature of the manufacturer of these chips will allow us to build machines that will use a large number of cheap chips and still keep electrical rates down to a reasonable level. These will be fully enclosed devices, not as cleaver as as our friends at Avalon with their stand alone wifi devices but they will include 25 FPGA hard copy ASICS which will use a maximum of 200watts per device. They will however require a host computer. The best part of our device is the speed at which we can develop them. We have a fully functional PCB fab and electronics assembly as well as a fully functional SHIPPING DEPARTMENT in house and we have already begun this process. I know it’s a bit late in the game to introduce a product such as this but we wanted our news to get out there in the main stream. Tom is out. We are in. the bASIC is officially DEAD. Get ready for a 50Gh/s ASIC Based device shipping from the US with tracking and no none sense. There will be no deadline back outs and no B.S. We purchased this company from Tom for many reasons but the main reason is his un revealed completed design that can easily be converted to support 25 hard copy ASICS. The hardest work for us is already completed , Believe it or not, this IS happening and like I said before you will see a youtube video of this device hashing along before we ever ask for one red cent from the community. We cannot give an exact date at this time but It would not surprise me in the slightest that our first device ships before BFL. Professionals have taken this over and professionalism which is long over due in this industry will make all the difference. Please watch our you tube channel (coming soon) for a video of the device hashing by next week at the latest. Once the video has been shot we have decided to ship the device to conman who in my opinion develops the best Bitcoin mining software available. Please check back for more updates.https://www.bitcoinasic.net/

Neil Fincham, the MineForeman has over 20 years experience in the computer industry and runs the MineForeman mining operation for the co-op members.

Posted in Bitcoin, BTCFPGA, Hardware, Mining, News
3 comments on “Isn’t BTCFPGA dead already?
  1. who's that guy says:

    did a 6 year old write this? jeez…

  2. Rick says:

    I was almost expecting a signature from a Nigerian prince at the bottom…

  3. Laughing At Professionalism says:

    This quote takes the cake:

    “The sheer unprofessionalism of the supossid leaders in this industry is down right appaling talking about Bitcoin in general it’s mind boggling – how these companies like BFL and bASIC can just string their customers along for months and no one comes out with anything better”

    I’m glad they look down on the unprofessional nature of their competitors while using words like “supossid” in the same sentence.

    Why does it seem that the professionals in the Bitcoin community don’t know how to use spellcheck?

3 Pings/Trackbacks for "Isn’t BTCFPGA dead already?"
  1. [...] the recent announcement on the BTCFPGA site that the production of their new ASIC mining devices were to be taken over by [...]

  2. [...] involving strange forum posts, guaranteed shipping dates, claims of hacking, Asian Buyers, Buyers from Iraq and finally claims of fraud from the [...]

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