Author

Topic: Advise me to buy the 600ghs Monarch or not? (Read 3566 times)

sr. member
Activity: 334
Merit: 250
December 04, 2013, 09:15:04 AM
#33
I'm not having troubles with BFL hardware - it's been working perfectly fine for 2+ months. But as a customer who went through neverending delays, least I can tell is to be very cautious. I, for one, would seriously think before preordering anything from them. Sure one can guess that BFL has their production process ironed out at this point, so maybe they are finally able to keep on their promises and to deliver on time, but my previous experience was just too frustrating to jump into that boat again.
sr. member
Activity: 313
Merit: 258
December 04, 2013, 07:07:17 AM
#32
do not do it, if you are lucky you may the the Monarch in 2015.
i purchased a jalapeno in may, it is December and still do not have it.
and forget about refunds with BFL there is no such thing, customer services does not exist.

I did get an email a few weeks ago that they were shipping instantly, but of course it is not true, if they were they would have shipped my obsolete jalapeno.

newbie
Activity: 36
Merit: 0
December 03, 2013, 04:11:23 PM
#31
Why would you ever by anything from butterflylabs after the thousands of people complaining about their company and their shitty customer support?
sr. member
Activity: 294
Merit: 250
December 03, 2013, 08:47:59 AM
#30
Its the best machine to buy if it has stock Smiley
DrG
legendary
Activity: 2086
Merit: 1035
December 03, 2013, 05:41:09 AM
#29
Seems like everyone hates them.
I guess the ones that buy their products don't consider it necessary to post here.

It appears I'll be joining in with the common sentiment here as I will never purchase from BFL again (preorder or product in hand). Aside from the obvious reasons (consistent massive delays, overpriced inefficient hardware, and an unprofessional approach to PR), I'm not impressed with their overall customer service or the reliability of their products.

Currently operating 6 Singles (60GH/s models), I've had 3 of the provided power bricks die and 1 Single was DOA; 2 PSUs shorted out with a pop and puff of smoke, the other just sort of stopped working one day. The DOA Single and 1 PSU was shipped back for replacement (at my expense...apparently they don't cover that) and nearly two weeks go by before I have a working replacement. The other bricks haven't been replaced, and they probably won't be -- what's the point since they're cheaply made anyway? Might as well grab a decent $200 PSU off Newegg and save myself the headaches later on.

Anyway, there's competition in the marketplace now. We can finally let BFL die off as KnC, BitFury, and others take the reins.

+1
legendary
Activity: 1064
Merit: 1001
December 02, 2013, 06:37:53 PM
#28
Seems like everyone hates them.
I guess the ones that buy their products don't consider it necessary to post here.

It appears I'll be joining in with the common sentiment here as I will never purchase from BFL again (preorder or product in hand). Aside from the obvious reasons (consistent massive delays, overpriced inefficient hardware, and an unprofessional approach to PR), I'm not impressed with their overall customer service or the reliability of their products.

Currently operating 6 Singles (60GH/s models), I've had 3 of the provided power bricks die and 1 Single was DOA; 2 PSUs shorted out with a pop and puff of smoke, the other just sort of stopped working one day. The DOA Single and 1 PSU was shipped back for replacement (at my expense...apparently they don't cover that) and nearly two weeks go by before I have a working replacement. The other bricks haven't been replaced, and they probably won't be -- what's the point since they're cheaply made anyway? Might as well grab a decent $200 PSU off Newegg and save myself the headaches later on.

Anyway, there's competition in the marketplace now. We can finally let BFL die off as KnC, BitFury, and others take the reins.
legendary
Activity: 1974
Merit: 1003
December 02, 2013, 11:27:45 AM
#27
nope, dont buy
legendary
Activity: 910
Merit: 1000
December 02, 2013, 08:03:08 AM
#26
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley

BFL pre-order? You will never know when (or if) you will receive the hardware.
sr. member
Activity: 259
Merit: 250
December 01, 2013, 07:03:48 AM
#25
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley

Buy it, but not directly from BFL. Wait until some people decided to sell theirs...
DrG
legendary
Activity: 2086
Merit: 1035
December 01, 2013, 03:18:04 AM
#24
I too have placed multiple orders with them.  Received my first unit (cost 208+ BTC) only to have it die after 7 days of mining - was useless for over 2 weeks costing an additional 14BTC of lost income due to nobody answering emails, PMs or responding on their own forums to my begging.  On the second order I filed a chargeback and filed complaints with the State AG, DA & FTC.

Just another BFL success story...
legendary
Activity: 1106
Merit: 1005
November 30, 2013, 08:57:51 AM
#23
Seems like everyone hates them.
I guess the ones that buy their products don't consider it necessary to post here.

Wrong I have bought their product and that's exactly why I hate them.
hero member
Activity: 2576
Merit: 882
Freebitco.in Support https://bit.ly/2I9BVS2
November 30, 2013, 06:38:47 AM
#22
No.
member
Activity: 136
Merit: 13
November 30, 2013, 06:36:57 AM
#21
Seems like everyone hates them.
I guess the ones that buy their products don't consider it necessary to post here.
On the contrary - I bought their products and that entices me to share my experience to warn others.
full member
Activity: 136
Merit: 100
November 30, 2013, 06:20:48 AM
#20
Seems like everyone hates them.
I guess the ones that buy their products don't consider it necessary to post here.
member
Activity: 136
Merit: 13
November 30, 2013, 05:28:04 AM
#19
...

saw one 25GH/s go for 1800€ (2444$) on Ebay. you could just pass the curse onto someone else and buy bitcoins. shit, they might even pay you in bitcoins!
That is what I did immediately after I received that super-late noisy power-hungry junk from BFL. At least I got my money back despite the company not being solid enough to obey the law and refund me.
legendary
Activity: 3878
Merit: 1193
November 30, 2013, 12:22:06 AM
#18
even if BFL had a lot of problems they have delivered 2 generations of products, that has to count for something right?

Yes, BFL will deliver, as usual, extremely late. That's what you can count on.
legendary
Activity: 1106
Merit: 1005
November 29, 2013, 10:57:37 PM
#17
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley

I can speak from personal experience BFL has a completely terrible customer service (basically none) and they deliver MUCH later than promised. (Several months), which means that by the time you eventually get your product, it will be hardly making enough bitcoins to cover the initial investment.

In other words, don't buy anything from BFL.

I ordered a BFL 25GH/s in April and they said it would take about 2 months to deliver, they delivered it about a week ago. It now makes 0,02bc a day, so it will take roughly 2 months at this difficulty to pay for itself, however the difficulty will likely increase so it may not ever pay itself back and will be even less likely to make profit.

Also by the time they deliver the $/gh ratio and the kW/gh ratio are both pretty terrible.



saw one 25GH/s go for 1800€ (2444$) on Ebay. you could just pass the curse onto someone else and buy bitcoins. shit, they might even pay you in bitcoins!

There's really people still buying these things?  Well at least when you buy it from me you'll get the guarantee it'll be shipped instantly. I'll even personally deliver it if it's anywhere in the Netherlands.
newbie
Activity: 24
Merit: 0
November 29, 2013, 10:36:15 PM
#16
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley

I can speak from personal experience BFL has a completely terrible customer service (basically none) and they deliver MUCH later than promised. (Several months), which means that by the time you eventually get your product, it will be hardly making enough bitcoins to cover the initial investment.

In other words, don't buy anything from BFL.

I ordered a BFL 25GH/s in April and they said it would take about 2 months to deliver, they delivered it about a week ago. It now makes 0,02bc a day, so it will take roughly 2 months at this difficulty to pay for itself, however the difficulty will likely increase so it may not ever pay itself back and will be even less likely to make profit.

Also by the time they deliver the $/gh ratio and the kW/gh ratio are both pretty terrible.



saw one 25GH/s go for 1800€ (2444$) on Ebay. you could just pass the curse onto someone else and buy bitcoins. shit, they might even pay you in bitcoins!
full member
Activity: 126
Merit: 100
November 29, 2013, 08:58:40 PM
#15
I probably don't have to say this but only if you want to lose your money and be disappointed. I would advise you to buy hardware in person from someone who actually has it in front of you, you can test it, and start hashing the same day. Make sure you calculate if you can make your money back (it may not be accurate) but if it doesn't look like youll make the money back Id tell you instead to put the money into BTC itself and you'll make a profit instead in the rise of price.
legendary
Activity: 1106
Merit: 1005
November 29, 2013, 08:56:24 PM
#14
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley

I can speak from personal experience BFL has a completely terrible customer service (basically none) and they deliver MUCH later than promised. (Several months), which means that by the time you eventually get your product, it will be hardly making enough bitcoins to cover the initial investment.

In other words, don't buy anything from BFL.

I ordered a BFL 25GH/s in April and they said it would take about 2 months to deliver, they delivered it about a week ago. It now makes 0,02bc a day, so it will take roughly 2 months at this difficulty to pay for itself, however the difficulty will likely increase so it may not ever pay itself back and will be even less likely to make profit.

Also by the time they deliver the $/gh ratio and the kW/gh ratio are both pretty terrible.

ar9
sr. member
Activity: 352
Merit: 250
November 29, 2013, 08:46:40 PM
#13
I wouldn't touch BFL with a Earth-to-Moon sized stick.

So... yeah.
newbie
Activity: 3
Merit: 0
November 29, 2013, 07:10:33 PM
#12
I bought a BFL LS and got it just in time to watch it become obsolete.  The power supply blew up on day 2 causing even a further loss.  Don't buy BFL
hero member
Activity: 1036
Merit: 500
November 29, 2013, 05:25:02 PM
#11
lol BFL
full member
Activity: 136
Merit: 100
November 29, 2013, 11:44:12 AM
#10
one question
what's better, no reputation at all or bad reputation?

seem that to be the choice in this case.

All the other companies are delivering for first time, so we don't know if they won't mess up too or deliver at all.

BFL is infamous for missing their deadlines, but at least we know they are not scam.

Which one you would go with? Smiley
full member
Activity: 136
Merit: 100
November 29, 2013, 08:51:02 AM
#9
Who has better offers? I won't mind to buy something at the same GHs/$ or better ratio from someone else, especially if they are proven company.
member
Activity: 136
Merit: 13
November 29, 2013, 07:19:28 AM
#8
Would anyone care to argument his view?
Are there better offers on the market at the moment GHs/$ wise from companies that have history and will ship about the same time or earlier?
even if BFL had a lot of problems they have delivered 2 generations of products, that has to count for something right?
Yes, but in the process they treated their customers like turds or buggers. Company officials violated several laws, denied customers rights, lied for no apparent reason, and allegedly delivered to friends and employees through the back door, while regular customers stood in the queue for months. Add to this malevolent intentions the proved fact of incompetence both in the design and in the management, causing worse performance and delivery times nearly by order of magnitude. I expect the monarch to be delivered with delays and to perform poorer than announced. Meanwhile there are similar existing products from other ASIC companies, that already have power efficiency in the area where monarch is only wishing to be in the distant future.
full member
Activity: 136
Merit: 100
November 29, 2013, 06:07:42 AM
#7
Would anyone care to argument his view?
Are there better offers on the market at the moment GHs/$ wise from companies that have history and will ship about the same time or earlier?
even if BFL had a lot of problems they have delivered 2 generations of products, that has to count for something right?
legendary
Activity: 3878
Merit: 1193
November 28, 2013, 11:32:58 PM
#6
Yes, please send all your money to BFL. That way the difficulty won't go up, and I'll mine more bitcoins for myself. I LOVE BFL!
hero member
Activity: 770
Merit: 500
November 28, 2013, 07:03:27 PM
#5
Don't do business with BFL.
member
Activity: 136
Merit: 13
November 28, 2013, 07:02:35 PM
#4
Do not pre-order and never, never, NEVER give any money to Butterfly Labs. By the time they ship "monarchs", they will be obsolete. They might be obsolete right now, come to think of it.
legendary
Activity: 994
Merit: 1000
November 28, 2013, 04:35:18 PM
#3
I will never give BFL or Hashfast another satoshi.  The only way to prevent companies from acting as horribly as them is to vote with your BTC.

Bitfury or KNC are your best bets at the moment.
DrG
legendary
Activity: 2086
Merit: 1035
November 28, 2013, 04:31:54 PM
#2
DO NOT BUY MONARCHS
full member
Activity: 136
Merit: 100
November 28, 2013, 03:32:06 PM
#1
I'm really wondering if I want to pre-order the 600ghs Monarch from BTF or not.
Please share your opinion, it might help me make up my mind Smiley
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