Topic: BFL Monarch - Delivery Dates (Read 32528 times)

Hey man. We miss you around these parts. What have you been up to lately ?

*smootchies*

They will deliver those miners, when it will not be profitable to mine with.

Still waiting on Monarchs?

Here is hoping FTC allows refunds soon.

Yes - I too have heard rumors that they might be shipping soon.  Well the rumors are over now, it's confirmed!  On April 2nd 2014 they announced that they anticipate to be shipping SOON!  None other than the venerable shipping master BFL_Jody herself!

If I remember correctly...last year they shipped like a few Jally' s then shipped nothing for a week or two..drove everyone crazy...but they then changed their tagline to shipping on their main page and shoutbox

I should buy a Jally for $50 usd and have the dang thing 'bronzed' as a life lesson to the fact that you don't have to be productive and actually build/do anything to be
rich as hell in this country (USA) ..just spread enough FUD/lies and hoopla...and 'viola' you are a rich man........the worst that will happen to the execs of BFL is that they will
settle the class action suit (and prob pay big) and also settle with the govt regulators (and pay big) for the usual corporate line of "We do this settlement while stating
that we are in no way guilty at this time..and are not held liable for the BFL corporation practices....then BFL Corporation takes the fall with all the debts and obligations

As to BFL corporate officers other endeavor
EMC (who if they are smart legitimately siphoned off miners to mine this last year of taking all our money....see EMC says we have paid receipts) ...the legal buying
of such equipment by EMC and just having the advantage to expanding back in the day with 65mm equip as fast as you could get it ..would more then offset the
actual purchase and 'protective' paper trail.....with the 'ahem' year long 'pre-order' cash using that to get miners and mine all last year ahead of everyone else
with EMC has imho put them far far ahead of any $$$ they will lose if BFL goes bankrupt...as long as EMC is clear of the scandal

If they did that they are 'golden' imho and will get away with it ...sure looks like it they have not shipped a monarch in more then a year and kept most of the $$$
so this seems to me (the above) the likely outcome..if anyone would have really gone 'criminal' after BFL execs it would have happened by now imho...so now
it is just a matter of paying govt and class action suit off and folding the tent....let BFL corp take the fall...and take the profits they reaped at EMC by getting
all those nice shiny miners before everyone else for the last year (nice work if you can get it)

I suppose I can 'pray' they were too greedy (likely) and played internal games not to keep EMC separate from BFL thus 'tainting' EMC and making it part of the corp
fallout...but that is unlikely ...the scam is too sophisticated ....again they will pay a fine to govt they will settle class action suit and they will likely walk with $$$
to spare....seems to be the way this stuff works in corporate America these days....it is all a matter of wrapping it all up so personal assets and butts are covered
and BFL corporation takes the fall...that is the purpose of a corporation to protect your 'personal assets' if the corporation fails.....thus hey keep all them $$$

(hope I'm incorrect and they were too stupid to to the above and/or too greedy)

anyway sorry for the pessimistic rant ..but I mean really ...if nothing has happened to BFL by now ..beyond them paying off folks...the above seems even
more likely..or so it seems from watching this 'farce' since april 2013....

Searing

For what it's worth, BFL claims that they will ship some Monarchs this week. How many, and to whom, has not been disclosed. I think these are supposed to be operating at 600-700 GH/s.

Not a BFL supporter, just reporting current info from their website.

We're now passing into the last 1/2 of August.  It's now been over a year since some of the initial Monarch orders were converted.  365 days.  That's about 30 difficulty jumps.

Just an update on the Monarch delivery progress:
November 2013
December 2013
January 2014
February 2014
March 2014
April 2014
May 2014
June 2014
July 2014
August 2014?

Remember, “initial shipping” of Monarchs was promised in November/December 2013 (red underlines added):



You can see the above page for yourself here in the Wayback Machine Internet Archive: http://web.archive.org/web/20130831125627/http://www.butterflylabs.com/monarch

Xian01 said it best...

LOL, laughing at BFL suckers still owns.

Such a outdated miner, i would say, even if they deliver today it is atleast 6 months tool late.

Here's the Monarch delivery progress:
November 2013
December 2013
January 2014
February 2014
March 2014
April 2014
May 2014
June 2014
July 2014?

Remember, “initial shipping” of Monarchs was promised in November/December 2013 (red underlines added):



You can see the above page for yourself here in the Wayback Machine Internet Archive: http://web.archive.org/web/20130831125627/http://www.butterflylabs.com/monarch

Xian01 said it best...


Some customers have received cloud hashing in June, which is good (but very late).

Because they are shady company and their actual business consists 1% of bitcoin mining hardware and 99% of thievery and lies.

I asked BFL for the refund when they offer that in April... still not news... Why did they delay?

  ... as I said in 2013:

Settle down, you'll get your Monarchs in July...2015.  They will ship you a jar of butterflies.  They're too busy scrambling to move the funds around with as little traceability as possible.  Shutting down the site for 2 days gives them time to do this.

Isn't that same amount rough of hash that bumped Eclipse's total rate?

So let's see if I get the math on this one.

1,000 broken boards only hashing @ 400GH/s each is 400TH/s.

At the current difficulty that's 17.1109 BTC/Day (almost a block per day).

@ $575/BTC = $9,838.79/Day or $293,384.29/Month.

Tough life.

Answered by BFLs attorney:

Q: What is Eclipse Mining Equipment?

A: Eclipse Mining Consortium was a website that Butterfly Labs purchased from Josh Zerlan in 2012. The website was a Bitcoin mining pool website that allowed multiple users to work together
to mine Bitcoins that would be shared among the group. Pooled mining allows a user to receive smaller, but more frequent Bitcoins that are divided by the number of shares that an individual earns relative to the processing power that they contributed to mining a block
of Bitcoins. Butterfly Labs acquired the IP address and website from Mr. Zerlan for $100,000. Eclipse Mining Consortium still operates as a Bitcoin mining pool website. The business purpose was to offer customers a place to combine their BitCoin mining power. Butterfly Labs earns mining income from their burn in testing of machines as well as service fees charged to Eclipse customers.