Topic: {BFL} WHAT THE!! ButterflyLads WONT deliver the Monarch Till...ONLY GOD KNOWs?:( - page 6. (Read 47990 times)

BFL stated they were taping out chips in August 2013 and were ready to ship finished products in November 2013.  They are at least 9 months late on their promises.  I really hope BFL is ready to ship cards in volume when they ship (August?  Maybe September?) and won't repeat their trickle production of 2013 where a few products were shipped per day.  In that scenario some Monarch customers would be receiving their product sometime in 2015 (going on BFL's past performance).

i did *thru luck see prev posts* get my refund 1 yr and 20 days from when i ordered last April 12th 2013

but tried all the stuff (before the class action suit etc)....that people expected at the time paypal dispute ..paypal executive committe decision on my paypal dispute (denied they could get no $$ out of bfl in 2013) ...county attorney (who 2013 said nothing they could so would not return calls) FTC who sent me a form letter that they could do nothing to contact the county attorney (nice loop that) ...BBB said yeah standing of BFL was F but have no power etc etc again this was 2013 to around jan 2014.

lost all faith in consumer protection in usa etc...got no place only traction I've seen against bfl started with the class action suit (april 2013) and sonny v's probation hearing
which coincided with the you don't get a monarch in 1y and 1 day you get a refund (ie me dumb and lucky) which was done by BFL due to the above pressues imho.

but even so it took almost a year for any 'real' effort to expose and punish BFL ...so again have no faith in consumer protection in usa

and on a side note I still think BFL will get away with it BFL the corp will pay a fine to FTC and payoff class action suit...the individuals of note at BFL will be allowed
to keep the mining pool and personal assets and will state no wrong doing at the settlement and BFL the corporation will take the fall on all debts and then promptly bankrupt
itself

if they could have got these guys in criminal court (vs the class action) they'd be in JAIL already...hope I'm wrong..but that seems to be how 'corporations' in the USA
get away with murder these days...but again I expect the slimy bastards to get burnt on settling with $$$ but at no loss at all to their personal gains/$$$ etc they
made themselves over the last few years (and lets not forget the separate large PH farm they have now under a different corp name)

anyway again hope I'm wrong

Searing

Well, they didn't want nuclear criticality to take place. They wanted to play it safe.

How are these guys even still in business.   It defies all logic.  So glad I never went for any of their crap.  I've now sold the last of my GPU and blades and am in the market for some new gear.   I certainly won't be looking towards Josh and those bunch of clowns for any hardware.

https://forums.butterflylabs.com/the-monarch-discussion/8553-monarch-cloud-mining-update-06-17-2014-11-03-pm-2.html#post83438


Poor Josh, always missing deadlines. So rather than fixing his business to meet their own deadlines, he's going to punish customers by refusing to give dates ever again. Of course, this is against FTC regulations, but BFL thinks they're above the law.

Don't forget the 9% hardware errors

Is that hashing at 350GH/s? Is only one die working?

Update from your boy Josh:
Monarch hashing here in Hong Kong. Stop by and check out out! pic.twitter.com/rrJ9eaNC1a


https://twitter.com/BFL_Josh

Uh,I assume a boy,a girl & what would be the 3rd kind  

Just havein fun dude!! Keep shedding the light !!!! 

Laughing my butt off!!! What you have in bold is so true. I have been reading a lot on this forum and BFL's forum too the last couple hours and can't believe the lies I've read that Josh and his partners have written.

Like I said yesterday Butterfly labs received the chips early in the year and were producing the monarchs since February sending them to the companies seen on this page http://www.coinware.io/ with James as the go between. Like what was released from the courts and reported on this forum there were 50-60 employees at the plant assembling monarchs or something resembling them because they don't look like what they do now. If it weren't for us building them, there wouldn't have been a need for any of us there because there is nothing else to make full time at BFL. For the past few months very little has been mailed with all orders delivered by BFL or a van picked them up.

http://www.hashtrade.com/about.html ... "CoinWare and HashTrade have received substantial venture capital investment from the Jacobson Brothers, in order to help establish these emerging businesses, ensure that they have a strong foundation and secure all the capital equipment necessary to deliver the data processing services that the different business models require."

Remy Jacobson has been to the plant a few times but most interesting is that Greg Bachrach is related to James Gibson but I don't know how but think it's by marriage.

Bruce is correct. Singles were given for Christmas presents but we had the option of cash or waiting for monarchs of which those who wanted that option took it in February or March. I took the cash.

I want to thank the person who sent me bitcoins. I'm not posting the address again because I don't want to get in trouble because the last time I did it raised some sort of stink of which I don't understand. If anybody else likes to send anything they can hunt the address themselves with anything more I get is appreciated but I don't care if I do or not. I'm not a rich person and just get by like most everybody else and have never asked for anything before and don't want to start now. I have an ok job and so does my wife. We have three kids... one of each (seriously, and wouldn't change our oldest son for anything... love him/her to death).

I'm going to read the other two or three threads now to see if I can shed anymore light on anything that may have been asked or expressed before I go to bed.

Perhaps BCP19 can provide more clarity about BFL's troubles shipping product (that has been mining in BFL's private farm) to the customers who ordered it.
Maybe as BFL's representative on these boards, he could hold a Q&A about the failures in refunding, failures in shipping, failures in design and the failures in manufacturing. 

FTFY.

Another missed deadline LOL ajajaja


Update from your boy Josh:

We are still trying to work through getting the system to send out the activation emails and interface with the Cloud Hashing activation properly... not sure how long it's going to take, but people are working on it as we speak.

https://forums.butterflylabs.com/the-monarch-discussion/8538-monarch-update-11-june-2014-a-16.html#post83302

No I was thinking people who are invested and already have massive farms or have the capital to make the economies of scale work in their favour. Looking to upgrade to cooler, more efficient and or dense configurations. Remember the home miner is dead. Long live the massive mining operation. There is plenty of $$$ that are not yet in mining that could be. I agree with your assessment. Small units sold today and those small outfits that make only those types of miners are already dead men walking. However if your customers orders can be measured in Petahash then you are going to be ok... as that is where this is all going to. Now that doesn't mean the smaller miners are out as they could as mentioned before pool their resources into ever larger mining operations at a local or regional level.

"depends on the customer"  You mean if they can't do math & are just plain stupid right Like current BFL customers  

Then sure by all means make thousands of your miners & "cheat" them out of their cash..........sounds like some of the HVAC companies here in florida,got a bad cap in your condenser,so they sell you a $6000 A/C system.Fucken liars,I quit 3 companies already that did crap like that  

Anyone making miners to sell by late this year should just make datacenter ready stuff,no one in their home can run enough hashrate to earn more than enough for the power cost.

UNLESS BTC DOUBLES,not likely for at least 3-4 months 

BTW,the network just hit 100 PETAHASH & it's mid june    I see 150 PH by September easily.......................

Well hard to tell... depends on the customer.

But ya the last thing BFL sold was the Monarch the last thing they shipped same as the first thing BS.

Uh,I don't think even those guys will be selling any equipment after December Bick.....remember "Home mining" will be dead  

Only folks buying miners will be the LARGE farms  

I think even they will be hard pressed to buy new miners by late 2015.......UNLESS BTC hits $1000-1500 & stays there.

Josh et al are looking at the best way to top Stanley Kubrick by riding Eclipse Mining and BFL right down to ground zero. Kiss the McMansions good bye fellas they are coming for those and you can't stop them. Mind you in Jail you don't need McMansion do you now?




The future? He is still trying to get his last future project to market and he is talking about the future of mining? Here is Josh's talk in Hong Kong next week, I, personally, will be giving it a big PASS wouldn't it be hilarious if everyone else did that as well and just went for coffee early.





The companies on the right next to his talk... those are likely the future of Bitcoin.

lol "let's host your miners now..."...

BFL is so full of it. The long con is still going on. I still think they will go away in the near future. People are getting fed up with this as well as now it has been taken to court and they must be shaking in their boots on how they plan to continue this charade.