Butterflylabs legit? - page 2. | Bitcointalksearch.org

amspir

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Quote from: Crash_z95 on March 22, 2014, 11:50:06 AM

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Be aware of doing preorders. BFL has a history of not delivering on when promised. The uncertainty of getting mining equipment in future time frame adds more risk to the economics of the mining operation. I paid for a pre-ordered Jalapeno rig from BFL, by the time I got it up and running, I estimate about 2-3 years for that original investment to pay off, or maybe never as the network hashrate rises exponentially. It's better to stick to equipment to be delivered in a short time frame, and buy something that can be paid off in 2-3 months of running it based on the current network hashrate.

Edit: At the point I committed to preorder, I calculated a 4 month payoff at the network hashrate at the time.

seriouscoin

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Quote from: DGulari on March 22, 2014, 01:29:24 PM

Quote from: Crash_z95 on March 22, 2014, 11:50:06 AM

Hi,

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Also what mining hardware would you recommend?

I was at the Inside Bitcoins in Vegas when a very unhappy customer confronted the Butterfly labs CEO in front of everyone. I have to say, I can't believe for a minute Butterfly Labs is delivering expected results. This guy sure was pissed off. I wouldn't buy Butterfly after seeing that debacle.

damn noone happened to videotaped it?

I would love to see those assholes faces. I wish more ppl would be more verbal about BFL's scam.

DGulari

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KawBet.com - Anonymous Bitcoin Casino & Sportsbook

Quote from: Crash_z95 on March 22, 2014, 11:50:06 AM

Hi,

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Also what mining hardware would you recommend?

I was at the Inside Bitcoins in Vegas when a very unhappy customer confronted the Butterfly labs CEO in front of everyone. I have to say, I can't believe for a minute Butterfly Labs is delivering expected results. This guy sure was pissed off. I wouldn't buy Butterfly after seeing that debacle.

Meuh6879

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not buy "pre-order" ... simple.
when i have bid my BFL ... they have stock (christmas).

crazynoggin

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Avoid Butterflylabs, it will take many many many many many months before you get your rig, if ever. Same with most places like Butterfly labs, do some intense research of past customers and any scam accusations and you will see. Unless you have many tens of thousands of dollars to throw down on mining rigs, I suggest you simply buy some Bitcoin.

phillipsjk

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Let the chips fall where they may.

Quote from: BitCoinDream on March 22, 2014, 12:55:51 PM

I'm not into mining. But what I learned from my miner friends, that it is better to get a GPU rig and join a pool in terms of profitability. Pro-miners, please correct me if I am wrong.

I skipped the whole GPU mining thing.

Mining alt-coins may be more profitable, but it is also more risky. Script ASICs may displace GPU miners on many alt-coins before they pay-back the hardware.

With Bitcoin, ~~you know you won't pay back the hardware (in BTC terms).~~
With the difficulty rising so much, it is hard to predict that (on the more efficient hardware) actually.

keithers

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This is the land of wolves now & you're not a wolf

Quote from: seriouscoin on March 22, 2014, 12:12:56 PM

Quote from: elavenil on March 22, 2014, 12:03:03 PM

Don't waste time. At this price you can instantly mine bitcoin at cex.io .

Terrible advice.....

At this price, you can just buy BTC cheaper than mining.

I would suggest just buying btc rather thab mining if new to the game. That way you are guaranteed at least some btc for your initial investment.

5thStreetResearch

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not if you are hoping to make money

BitCoinDream

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The revolution will be digital

Quote from: Crash_z95 on March 22, 2014, 11:50:06 AM

Hi,

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Also what mining hardware would you recommend?

Cheers
Luke

I'm not into mining. But what I learned from my miner friends, that it is better to get a GPU rig and join a pool in terms of profitability. Pro-miners, please correct me if I am wrong.

mrdeposit

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Quote from: seriouscoin on March 22, 2014, 12:49:27 PM

Quote from: mrdeposit on March 22, 2014, 12:48:34 PM

At this point right now, I would only buy bitmain products.

At this point right now, i would just buy BTC.

Do calculation b4 spending your money.

Everybody with a short term plan has this advice for people looking to get into mining. I never tell people not to get into mining if thats what they want. You should try answering their question and not tell them what to do. Some people (Like myself) plan on building a huge mining farm starting with a few miners to get an understand how they work. So stop with your "safe" answer and give a real answer.

seriouscoin

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Quote from: mrdeposit on March 22, 2014, 12:48:34 PM

At this point right now, I would only buy bitmain products.

At this point right now, i would just buy BTC.

Do calculation b4 spending your money.

mrdeposit

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At this point right now, I would only buy bitmain products.

railzand

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Lux e tenebris

see my sig. for trustworthiness of asic mfgs. bfl is bottom

Beliathon

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https://youtu.be/PZm8TTLR2NU

Just buy bitcoins straight up, rather than over-priced, delivered-late (if ever) mining software scams.

codezilla

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not sure if serious...

seriouscoin

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Quote from: elavenil on March 22, 2014, 12:03:03 PM

Don't waste time. At this price you can instantly mine bitcoin at cex.io .

Terrible advice.....

At this price, you can just buy BTC cheaper than mining.

elavenil

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Don't waste time. At this price you can instantly mine bitcoin at cex.io .

seriouscoin

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Quote from: Crash_z95 on March 22, 2014, 11:50:06 AM

Hi,

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Also what mining hardware would you recommend?

Cheers
Luke

VERY LEGIT..... BFL_Josh(Inaba) tends to love anal virgin and he can give you a discount.

PM him on here.

Crash_z95

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Hi,

I recently started mining bitcoin with a few asics antminers U1's. I was wondering if buttefly labs were legit, I saw their 600Gh/s cards, butwere only with pre-order... Has anybody bought from them before or pre-ordered one of these cards?

Also what mining hardware would you recommend?

Cheers
Luke

Topic: Butterflylabs legit? - page 2. (Read 3165 times)