Butterflylabs Huge SCAM - page 33. | Bitcointalksearch.org

Inaba

legendary

Activity: 1260

Merit: 1000

Quote from: Puppet on December 06, 2013, 07:27:59 AM

Josh shows his intimate understanding of Ohm's law:

There's no way a USB cable would support 120v, it would melt almost instantly the minute it touched anything.
https://forums.butterflylabs.com/hardware-discussion/6446-any-one-get-electric-shocked-jalapeno-his-ac-adapter.html#post67969

Thats right Josh, cables are rated for voltages, not amps Roll Eyes

Fortunately he is better at his job as COO and 2 weeks after the original promised shipping date, he is clearly on top of things:

".. I still don't have all the information I want to make a specific statement on who's affected and who isn't, as I don't know exactly how many chips we are getting in the first batch. .... I'm not making any commitments, but I'm going to hazard a guess ... With the bullet run being delayed, it may end up that we get all the chips ... I really hate making comments like this, because they get taken as commitments and that is absolutely not what this is. It's me speculating without all the information I need to make a firm statement."

https://forums.butterflylabs.com/monarch-discussion/6502-2013-dec-02-monarch-discussion-2.html#post68223

Don't be a pedantic idiot, Puppet. The guy was claiming that it shocked him and that it was plugged into his Jalapeno and also blew out the rest of his equipment... which would mean the wire would have to carry enough amps to do that, meaning it would melt @ 120v. But you already knew that, right? You just wanted to post yet another troll with your worthless, utterly idiotic, mind numbing stupidity.

In short: You're a moron, please go back to your drooling sessions with the rest of the idiots and leave the adults alone.

Puppet

legendary

Activity: 980

Merit: 1040

Josh shows his intimate understanding of Ohm's law:

There's no way a USB cable would support 120v, it would melt almost instantly the minute it touched anything.
https://forums.butterflylabs.com/hardware-discussion/6446-any-one-get-electric-shocked-jalapeno-his-ac-adapter.html#post67969

Thats right Josh, cables are rated for voltages, not amps Roll Eyes

Fortunately he is better at his job as COO and 2 weeks after the original promised shipping date, he is clearly on top of things:

".. I still don't have all the information I want to make a specific statement on who's affected and who isn't, as I don't know exactly how many chips we are getting in the first batch. .... I'm not making any commitments, but I'm going to hazard a guess ... With the bullet run being delayed, it may end up that we get all the chips ... I really hate making comments like this, because they get taken as commitments and that is absolutely not what this is. It's me speculating without all the information I need to make a firm statement."

https://forums.butterflylabs.com/monarch-discussion/6502-2013-dec-02-monarch-discussion-2.html#post68223

Ranow

newbie

Activity: 3

Merit: 0

Quote from: Justy on December 03, 2013, 06:54:28 PM

Quote from: volavak on September 30, 2012, 06:48:58 AM

I myself was VERY excited about those BFL SC things (http://www.butterflylabs.com/products/), but it sounded too good to be true. I was one step before pre-ordering the Mini Rig 'SC' for just $30k, which could deliver 1TH/s (update -> 1.5 TH/s according to the website now!). You know what? Bullshit.

Is butterfly labs mining with those ASICs at the moment? (https://bitcointalksearch.org/topic/is-butterfly-labs-mining-with-those-asics-at-the-moment-110290)
Hell no! Do you see some huge raise in hashing power? No.
Would it be beneficial to mine on their own devices? Hell yes! More than just selling them.

Quote from: Desolator link=topic=110290.msg1200110#msg1200110

If circumstantial evidence isn't enough, try simple business logic. The price is set at $149 for a 3500MH/s chip. At current prices, they would make $149 after about 10.8 days of mining! So why doesn't Butterfly Labs just run them for 10.8 days instead of selling them? Then they'd have $149 and the chips lol. I mean seriously, read those last 2 sentences again, people. You think they're not mining with them? I can't be the only one that realizes this. From a business perspective, if you had an investment that would pay off 200% in a month and you sell it off instead, you're a crazy person.

You know the true reason why they are not mining with them? They can't. They don't have them.

But they have already proven legit! They fullfiled the orders and delivered FPGAs!
Sure they have. Gained your trust. And will take them back. And you will pay even more. You will loose your working FPGAs and also money. Huge money.

Quote

Trade in terms: Qualifying trade in for upgrades can be either an older generation Mini Rig or 25 older generation Singles. Once your new rig is ready for delivery (currently scheduled for November), you'll be notified to ship your trade in units to us. Upon receipt we'll release your new Mini Rig SC for shipment to you.

They still could have runned before..
They could, but why would they? Establish trust. Then run away.
They could have stolen $1M.

Now they have $30M and the hardware. Many of you fell for it.

Quote from: squall1066 link=topic=89685.msg987282#msg987282

Total Orders (By last seen) 7678

Orders Tracked 227
Trade-In Orders 66

Units Sold

Jalapeno SC 225
Single SC 231
Mini Rig SC 21

Extended TH

Jalepeno SC 0.7875
Single SC 9.24
Mini Rig SC 21

Grand Total of 31.0275

I still trust them.
Really? What about that the CEO is a fraduster, sentenced to 3 years in prison and is currently released and violating the terms?

Quote from: elux link=topic=110805.msg1206567#msg1206567

September 15, 2010

UNITED STATES OF AMERICA v. SONNY VLEISIDES

...
The defendant is hereby placed on supervised release, effective immediately, for a term of three years under the following terms and conditions:
...
The defendant shall not engage, as whole or partial owner, employee or otherwise, in any business involving loan programs, gambling or gaming activities, telemarketing activities, investment programs or any other business involving the solicitation of funds or cold-calls to customers without the express approval of the Probation Officer prior to engagement in such employment.

As always, I feel terribly sorry for all you guys.

we all are the victim even me Sad

Shycia

newbie

Activity: 4

Merit: 0

any one got thier mining rig sent?

manuel

member

Activity: 70

Merit: 10

Quote from: Inaba on December 03, 2013, 07:09:38 PM

45,000 shipped units later, we see what an idiot Volavak and Elux truly are. This is why you don't listen to the current crop of trolls like Darin "Bicknellski" Bicknell, Christian "Xian" Antkow, Bryan "I'm a degenerate" Micon, etc... they all have no idea what they are talking about and have agendas to push. They simply can not be honest with you and post truthful information. They *must* post false information to prop up their false allegations and outright lies, upon lies, upon lies. Then they disappear... *poof* when it's proven beyond a shadow of a doubt that they lied and lied about everything they claimed was true of BFL.

Cast as many aspersions as you want... BFL is still here. BFL has delivered more units than any other vendor and powers most of the network than anyone else. Where are the trolls? Gone... but there's always new ones waiting to take their place.

They shipped ULTRA late and when you're talking about mining late can be about the same as not at all. 9 times out of 10 had anybody taken the money they spent on a BFL miner and just bought bitcoins at the same time they ordered the miner they'd be WAY ahead, maybe an order of magnitude. Fuck BFL.

Kouye

sr. member

Activity: 336

Merit: 250

Cuddling, censored, unicorn-shaped troll.

Quote from: Inaba on December 03, 2013, 07:09:38 PM

45,000 shipped units later, we see what an idiot Volavak and Elux truly are. This is why you don't listen to the current crop of trolls like Darin "Bicknellski" Bicknell, Christian "Xian" Antkow, Bryan "I'm a degenerate" Micon, etc... they all have no idea what they are talking about and have agendas to push. They simply can not be honest with you and post truthful information. They *must* post false information to prop up their false allegations and outright lies, upon lies, upon lies. Then they disappear... *poof* when it's proven beyond a shadow of a doubt that they lied and lied about everything they claimed was true of BFL.

Cast as many aspersions as you want... BFL is still here. BFL has delivered more units than any other vendor and powers most of the network than anyone else. Where are the trolls? Gone... but there's always new ones waiting to take their place.

How about http://www.bitcoindf.org/ ?

klovishey

full member

Activity: 195

Merit: 100

Selling Coupons Babie

Quote from: Inaba on December 03, 2013, 07:09:38 PM

45,000 shipped units later, we see what an idiot Volavak and Elux truly are. This is why you don't listen to the current crop of trolls like Darin "Bicknellski" Bicknell, Christian "Xian" Antkow, Bryan "I'm a degenerate" Micon, etc... they all have no idea what they are talking about and have agendas to push. They simply can not be honest with you and post truthful information. They *must* post false information to prop up their false allegations and outright lies, upon lies, upon lies. Then they disappear... *poof* when it's proven beyond a shadow of a doubt that they lied and lied about everything they claimed was true of BFL.

Cast as many aspersions as you want... BFL is still here. BFL has delivered more units than any other vendor and powers most of the network than anyone else. Where are the trolls? Gone... but there's always new ones waiting to take their place.

Honestly, if I order today when I receive the unit ? (not the Monarch)

William-Clayton

newbie

Activity: 9

Merit: 0

Quote from: Wed on November 18, 2013, 03:48:10 AM

Finally i got my jalapeno :-)

When did you order it?

I have been thinking of ordering from these guys, the 600 Gigahash cards (pre-order that is).

Inaba

legendary

Activity: 1260

Merit: 1000

45,000 shipped units later, we see what an idiot Volavak and Elux truly are. This is why you don't listen to the current crop of trolls like Darin "Bicknellski" Bicknell, Christian "Xian" Antkow, Bryan "I'm a degenerate" Micon, etc... they all have no idea what they are talking about and have agendas to push. They simply can not be honest with you and post truthful information. They *must* post false information to prop up their false allegations and outright lies, upon lies, upon lies. Then they disappear... *poof* when it's proven beyond a shadow of a doubt that they lied and lied about everything they claimed was true of BFL.

Cast as many aspersions as you want... BFL is still here. BFL has delivered more units than any other vendor and powers most of the network than anyone else. Where are the trolls? Gone... but there's always new ones waiting to take their place.

Justy

newbie

Activity: 11

Merit: 0

Quote from: volavak on September 30, 2012, 06:48:58 AM

I myself was VERY excited about those BFL SC things (http://www.butterflylabs.com/products/), but it sounded too good to be true. I was one step before pre-ordering the Mini Rig 'SC' for just $30k, which could deliver 1TH/s (update -> 1.5 TH/s according to the website now!). You know what? Bullshit.

Is butterfly labs mining with those ASICs at the moment? (https://bitcointalksearch.org/topic/is-butterfly-labs-mining-with-those-asics-at-the-moment-110290)
Hell no! Do you see some huge raise in hashing power? No.
Would it be beneficial to mine on their own devices? Hell yes! More than just selling them.

Quote from: Desolator link=topic=110290.msg1200110#msg1200110

If circumstantial evidence isn't enough, try simple business logic. The price is set at $149 for a 3500MH/s chip. At current prices, they would make $149 after about 10.8 days of mining! So why doesn't Butterfly Labs just run them for 10.8 days instead of selling them? Then they'd have $149 and the chips lol. I mean seriously, read those last 2 sentences again, people. You think they're not mining with them? I can't be the only one that realizes this. From a business perspective, if you had an investment that would pay off 200% in a month and you sell it off instead, you're a crazy person.

You know the true reason why they are not mining with them? They can't. They don't have them.

But they have already proven legit! They fullfiled the orders and delivered FPGAs!
Sure they have. Gained your trust. And will take them back. And you will pay even more. You will loose your working FPGAs and also money. Huge money.

Quote

Trade in terms: Qualifying trade in for upgrades can be either an older generation Mini Rig or 25 older generation Singles. Once your new rig is ready for delivery (currently scheduled for November), you'll be notified to ship your trade in units to us. Upon receipt we'll release your new Mini Rig SC for shipment to you.

They still could have runned before..
They could, but why would they? Establish trust. Then run away.
They could have stolen $1M.

Now they have $30M and the hardware. Many of you fell for it.

Quote from: squall1066 link=topic=89685.msg987282#msg987282

Total Orders (By last seen) 7678

Orders Tracked 227
Trade-In Orders 66

Units Sold

Jalapeno SC 225
Single SC 231
Mini Rig SC 21

Extended TH

Jalepeno SC 0.7875
Single SC 9.24
Mini Rig SC 21

Grand Total of 31.0275

I still trust them.
Really? What about that the CEO is a fraduster, sentenced to 3 years in prison and is currently released and violating the terms?

Quote from: elux link=topic=110805.msg1206567#msg1206567

September 15, 2010

UNITED STATES OF AMERICA v. SONNY VLEISIDES

...
The defendant is hereby placed on supervised release, effective immediately, for a term of three years under the following terms and conditions:
...
The defendant shall not engage, as whole or partial owner, employee or otherwise, in any business involving loan programs, gambling or gaming activities, telemarketing activities, investment programs or any other business involving the solicitation of funds or cold-calls to customers without the express approval of the Probation Officer prior to engagement in such employment.

As always, I feel terribly sorry for all you guys.

xandriel

sr. member

Activity: 586

Merit: 251

I do have a jally, and is not going to make me rich...but when added to the 30 erupters and 2 blades that I also have, it is turning a small but nice profit.
Lucky for me I bought all when the price was lower, and now I could sell all miners for 3 times what I paid....but at the moment they pay for themselves every 5-6 weeks.

There is money to be made....provided the exchange rate holds. But with all the extra interest, there will be turbulent times ahead.

Litecoin? Sure, it is profitable again. AMD GPUs are selling out in all flavours it seems

andydrew

newbie

Activity: 10

Merit: 0

Quote from: xblackbytesx on December 02, 2013, 07:13:41 PM

I heard a LOT of bad stories about BFL.
The year long "pre-orders"... the overstated GH/s...
I think they make pretty awesome products but business wise I'd probably never do business with them.
These ASIC makes need to approach their customers with the same kind of professionalism that they put into their products.

The stupidly long pre-orders threw that whole idea out of the window for me, now it seems too late to bother with BTC mining at all I jumped on the bandwagon at the wrong time! I believe it's a good thing I've got into mining litecoins, it seems like the way forward right now. Those ASIC miners and block erupters cannot be used, so no waiting about and loosing money for me

xblackbytesx

newbie

Activity: 1

Merit: 0

I heard a LOT of bad stories about BFL.
The year long "pre-orders"... the overstated GH/s...
I think they make pretty awesome products but business wise I'd probably never do business with them.
These ASIC makes need to approach their customers with the same kind of professionalism that they put into their products.

xandriel

sr. member

Activity: 586

Merit: 251

Or you can currently sell it for more than you paid Wink

HolyTemplar

newbie

Activity: 13

Merit: 0

Quote from: alexout on November 30, 2013, 09:55:21 PM

Are BFL delivering now? is everything in stock now or same empty promises BS they have been spewing the last 12 months?

Apparently they have caught up with all orders (according to https://forums.butterflylabs.com/blogs/bfl_jody/).

However, if you order one now, you'll want to be careful and make sure you'll make a return on your investment.

alexout

full member

Activity: 256

Merit: 100

Are BFL delivering now? is everything in stock now or same empty promises BS they have been spewing the last 12 months?

echrak

newbie

Activity: 2

Merit: 0

I ordered my miner in May, and it only just arrived a few days ago.

Good thing it wasn't time sensitive or anything. (Note: Sarcasm)

Their customer service is crap, too. I called them with a question and was treated to an automated system of messages that told me to remain on the line if my question hadn't been answered. Waiting on the line connected me to a voicemail, which, being full, would immediately drop my call. I emailed them my question instead, and mentioned the phone troubles as well, but they were useless and dismissive.

I recommend not dealing with them at all if you have any choice in the matter.

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

My Jalap ROI'ed 3 times and i'm on the go for the 4x times.

Better than any investment banking out there.

Have you see the price for BFL miner on the marketplace thread ? Huh...Price have dramatically increased...

manuel

member

Activity: 70

Merit: 10

I can confirm a friend got ripped off on one of their machines having to wait more than 9 months for it... Sad

HolyTemplar

newbie

Activity: 13

Merit: 0

Quote from: Bicknellski on November 16, 2013, 11:17:36 AM

Quote from: BTCscraper on November 16, 2013, 11:13:49 AM

Quote from: BuckNaked on November 16, 2013, 01:21:47 AM

Could this be why BFL isn't delivering product to customers?

http://i40.tinypic.com/b6o8yh.png

Gotta stockpile up a lot of chips to make enough equipment to sell mining server time as a commodity.

What is there to stockpile? Mining by the GH will take just as long to deliver as the Monarch.

PRE-ORDER ... Did everyone miss the button? You won't be getting that gh/s today.

This reminds me of when I 'Pre-Ordered' my BFL 7GH/s Jalapeno back in May, and have only just received the package this morning from America.

Almost 7 months wait time! I wouldn't trust BFL to deliver on time with any product or service from what I have experienced, and read on the official BFL forums.

Topic: Butterflylabs Huge SCAM - page 33. (Read 415652 times)