Topic: Butterfly Labs shipping 300 units a day - page 5. (Read 29026 times)

BFL forums

Here is where he confirms end of August
https://forums.butterflylabs.com/pre-sales-questions/3611-buttefly-company-still-work-not-3.html#post44788

Here is where he pushes it out to end of September (about 5 days after he confirms end of Aug...)
https://forums.butterflylabs.com/bfl-forum-miscellaneous/3703-josh-its-time-update-bfl-asic-status.html#post45852

Where did Josh or Jody say that the backlog will be cleared by end of August?

Yes, BFL have been running a very harmonious household. Why anyone would complain just destroys this harmony. LOL. We are providing a public service. Like BFL_Jody said "if it makes you angry reading it then stop reading it"...yeah great advice. not

 I recognize I am dangerously close to flirting with a shill accusation for ASICMiner, but after observing the ASIC landscape develop since BFL's first announcement, I will not be participating in any further pre-orders in Bitcoin space.

 Avalon's recent developments have cemented that decision as their chip shipments are late and their customer service/communication is abysmal.

 If you have a product that I can pay for and receive in a week's time, Perfect ! You have my business.

 It's just too risky right now in Bitcoin ASIC space, and it's worth the peace of mind paying a premium for a product I can have right now hashing away on the network.

 I imagine a year from now, the landscape will have changed such that we'll have no trouble picking-and-choosing from several vendors with stock on-hand.

Free market is a wonderful thing  

I didn't ONLY blame the angry customers, you should read my post.  Inept company reps AND customers with anger that feeds on itself will kill any business' sales.
BFL didn't choose to build ASICS in lots like Avalon.  The didn't put the cash from past sales in a lock-box until they fulfilled those orders, instead they rely on ongoing sales to fund current operations, like 99.9999% of businesses.
I'm asserting the irony that the louder customers warn about BFL's non-performance, the less likely BFL will ever be able to correct their performance.  A self-fulfilling prophecy.
BFL is not like Exxon-Mobil that has mountains of cash reserves and a reputation to keep, that they can't go out and hire an army of workers without cashflow.  And what supplier in their right mind will ship them the boatloads of components they need to ramp up deliveries?  Certainly not after they check these boards.
So my point about the self-fulfilling prophecy:  the louder the screams of scam!, the more certain their performance became scam-like, even though they did have a real, well-performing design, and did intend to supply an innovative product.

I don't blame preorder customers for complaining of delays.  I am one of those customers and have complained myself. Nor did I absolve BFL for royally fumbling how they dealt with their non-delivery and wouldn't quit exaggerating their capabilities, creating ever-loftier expectations they had no hope ever meeting.

You know who does deserves blame? Those that incessantly warned about BFL being an outright scam, never placed an order, and wouldn't believe a Jalapeno was real even if it hit them on their heads.  Instead of eating humble pie when shipments started, many of these model human beings (not all) switched their wrath to complain about slow deliveries and bury BFL, even when they had no stake in BFL.  What was (is) their motivation?  I suspect it has more to do with salvaging their ego than trying to improve the situation.

Most BFL products are around $50 per GH/s, that's no longer competitive, the market is offering $20 per GH/s elsewhere, so BFL wont have an open ended order book at their old price if people have to wait months for delivery. In the near future, the order book is just going to move to whichever ASIC vendor, has the shortest delivery time.

Lesson learned: Never do business with an Asic manufacturer / miner assembler that has an open unending ordersheet. Not saying it won't rule out foul play but at least it shows a level of responsibility.

As someone else pointed out before (can't remember who but iwon't take credit for it) Yes they are shipping an undeniable truth but anyone placing new orders is buying a heavily back-ordered product. Seeing that it is backordered product than not refunding clients is utter BS. Josh has always said (someone find his quote as I'm too lazy to muck through months of mindless drivel from the guy) that BFL does not spend the order money until the item is produced or something along that line.

Well if you haven't spent it then give it the fuck back. Even if you did give it back anyways. It's the right thing to do not that good morals have anything to do with this company's management.

There are many things that could change, the next wafer run could be more power efficient, BFL could decide to reduce it's price to improve ROI/sales. You can't tell what's going to happen.

WTF? BFL has SOOOO many orders... they're still shipping orders from the middle of 2012. Anyone who puts an order through the door at this point is almost certainly going to lose money, and even if BFL manages to get their current backorders out the door by the end of September;forget August; and new orders out the door shortly after, you're still looking at almost no upside, even if you manage to get back to even. And the people who placed orders in BTC in 2012 are never going to even come close to making back their money relative to just holding BTC during that time.

 Pigs would grow wings and fly sooner than this would happen.

And you are blaming the customers for that? Excuse me but when I pay for something under a pretense I expect it to be fulfilled within reason. Not lied to and treated like crap for months on end while I attempt to figure out when I will in fact get my already months late and now devalued order. Maybe BFL should be focusing on satisfying the people they pissed off instead of finding new suckers to buy into them

This BFL debacle may be a textbook example of a self-fulfilling prophecy.

I get a strong sense that BFL might've done a lot better in many aspects of their operation had they not been surrounded and bombarded by the clinically-suspicious and vocal crowd that is a staple of bitcoin.

It's impossible to succeed in any project where your current customers are vocally and justifiably destroying your ability to get additional customers.  No business succeeds without positive cash-flow from new sales.

Equally or more blameworthy was placing sub-standard individuals to manage their early stumbles, and keep them there when things got ugly.

BFL did have the technical capability and intent to design and market a viable ASIC device that could've made a lot of BTC for a whole lot of folks, but this never came to be.

My point is that incompetent PR and execution on BFL's part, coupled with the barrage from unreasonably acid buyers irrevocably poisoned a business idea that did, in fact, have a real product behind it.

This very damaging combination killed the money supply for BFL.  The louder the cross-fighting, the less sales, less free cash to fix the issues, the more delays, the louder the complaints, the stupider the retorts....all the while, there was, in fact, a product to be had, but no extra money to address the inevitable wrinkles that come with the introduction of new technology.

Re: Criminal proceedings against Butterfly Labs for fraud

quote / translation

"The case was closed. BFL had indeed refused to make a refund but after I reported the American trade supervision, BFL has refunded me the 15,000 USD back."

Das Verfahren wurde eingestellt. BFL hatte sich zwar geweigert ein Rückzahlung zu leisten aber nachdem ich es der Amerikanischen Handelsaufsicht gemeldet habe, hat BFL mir die 15,000 USD zurück erstattet.

https://bitcointalksearch.org/topic/strafverfahren-gegen-butterflylabs-wegen-betrug-255178

https://forums.butterflylabs.com/blogs/

Wow 900 units a day now

it started at 300...now 400 and now hold onto your ears 900 units a day

We are now the 2nd day of August and your 90 days are finished in ~ 28 days

I really think if you liying dogs even shipped 100 units a day people would be dancing in the street !!!

EDIT : Just saw that they shipped ~120 units ...they got so exicted they took a picture.... so far we have had 20 units on a trolly and now 120 units for a week i would guess worth of shipping...wow dont really see the 900 units a day

I really liked the "i dont know how long it takes to build a miner " ....really is this because u have not actually built any or you would not be lying to us again Josh ...


Anyways Bitfury Avalon KNC (maybe) AsicMiner & Others are about to drop the diff curve bomb and i give them 12 weeks until the EOL (End of Life )

So here is my count down............... 90 days and Josh, Sonny and his merry band of thiefs are either

Holidaying in an Non-Extraditable country (Sonny)

or

Josh.Z the professional EPIC FAIL of historic proportions... the most un-employable person on the internet

He would give Casey Anthony a run for her money trying to get a job in a child care center as Josh ever working in the Electronics industry....... I think the only things Josh will be worrying about in the future  are

"What can i actually buy with my food stamps"
                      &
"What shops will accept them "
                  &
"Can i barter Raman noodles for Beer"
                  &
"Will my trolly make it from the Shelter and back to Liquir Store or should I stash it the abandoned building next to the 7 eleven"
                &
"Phineues Gage is on a real money earner with his Barn wood Salavage Entetrprise maybe i should call him for some tips"

Good luck with that Josh.....

Your Future looks so bright, hopefully you will find a pair of discarded sunglass's in the next trash can you go looking through..

Start to get worried when SOnny says I will be gone only for a couple of days and Ill be back Soon ..lolz

Inaba the Dream Maker!

... 900 units a day ...

quote BFL_Office:

The setup has a conservative capacity of 300 units per 8 hour shift or 900 units in a 24 hour day.

https://forums.butterflylabs.com/article-comments/58-article-butterfly-labs-invests-heavily-high-speed-production-equipment-2.html#post886

quote BFL_josh:
"I am often asked the question "If I order now, when do you expect my order to ship." This is a hard question to answer, since we don't know exactly how long it takes to assemble a unit. However, the best estimate we have for this is that if you order today, 13 January 2013, you would likely receive your order around the middle of March or possibly sooner if you're ordering a Jalapeno or a Single"

https://forums.butterflylabs.com/content/129-13-jan-13-asic-update.html

13 January 2013
"We have all of our parts needed to build the units in stock, with the exception of the chips. We have taken delivery of all of our Chinese made components at this time and they are filling up our warehouse and the assembly plant warehouse. Our fab is not located in China and our chips will be done before CNY in any event. Our packaging plant is located in California and obviously not affected by CNY, our assembly house is located in the US and thus also not affected."