Free yourself of BFL. Get a refund.
I thought it was despicable that some attacked your adherence to that process of education with outright accusations of pedophilia.
But, then, as your signature says...
Topic: [FAILED]Butterfly Labs 30 day countdown to the end of September - page 34. (Read 69478 times)
September 14, 2013, 08:35:38 PM
Free yourself of BFL. Get a refund.
I thought it was despicable that some attacked your adherence to that process of education with outright accusations of pedophilia.
But, then, as your signature says...
September 14, 2013, 08:34:05 PM
Free yourself of BFL. Get a refund.
Now that everyone of their products are negative ROI they will ship it when PayPal or CC contact them ..
They dont want their own pieces of shit hardware anymore either ... they are waiting on their GEN 2 units to bolster the DIRECTORS personal mining operations
BFL has been this from the start a personal mining operation aka ASICMINER but using everbody elses money to do it with the added bonus of getting three bites at the cherry by diversing from the debt @ the point of it being negative ROI i.e its more profitable to give them the product NOW & also tieing up the funds so that they dont use it to hash against them...TRIPLE WORD SCORE !!
The delay, the pretence of incompetence ...this is the scam !!!
You have to admit Josh does a great impersonation of somebody with NO FUCKING clue !
September 14, 2013, 08:27:49 PM
Free yourself of BFL. Get a refund.
September 14, 2013, 08:25:09 PM
Here is some free advice Josh,
Instead of coding chip vouchers, classified sections to transfer orders here is something you can work on for something I like to call increased (or in your case an attempt to salvage..) customer satisfaction.
Create a mining pool for BFL customers who are still waiting for their hardware,
load it with wallet addresses that we each put into our user profile.
Put everyone in the pool.
Burn in all the BFL gear to that pool, so we can split the earnings,
and while you are at it, throw 10 Mini-Rigs into the pool as a show of good faith.
When you ship our orders leave us in the pool until you have really cleared the backlog.
What would that cost you? Bigger question what would that gain you?
These are the things us real world C Suite people do.
Thanks, I get that a lot.
September 14, 2013, 08:24:41 PM
So that is why some of the BFL emails are routed through Eclipse. Interesting.
September 14, 2013, 08:21:58 PM
All BFL products delivered after today will never reach break even.
Josh will say, Well BTC will be up to $225 by then and you will have made money!
Syke says no BFL products delivered after today will reach break even. I think that's going to be the problem with any hardware. It was ordained when a proof of work which lent itself to massively parallel processing was written into the specs of bitcoin: it produces a situation with no equilibrium.
The only way an equilibrium could be established is if there were to evolve a handful of colluding or clearly cross-signaling entities dominating the network, each with large network shares, who would respect each others' network shares and drive any non-cartel shares to below net-revenue zero.
Otherwise, the only way to increase revenue is to bring more hash power on line, and the dog begins to chase its tail, circling faster and faster. That way, too, small miners become collateral damage at an increasing rate.
And somehow it is BFL's fault... at least according to people like Joe.
Josh nothing is your fault.
Failure of the initial design - Not Your Fault
Failure to ship in Feb. - Not Your Fault
Failure to ship in March, April - Not Your Fault
Chip supply chain problems - Not Your Fault
Power supply supply chain problems - Not Your Fault
Mini-Rig Design problems - Not Your Fault
Customer Service problems - Not Your Fault
Compliance with FTC law regarding refunds - Not Your Fault
Your investors crucifying you any way possible - Not Your Fault
MAYBE, MAYBE 15% of your investors are making a real fuss, your inability to shut them up - Not Your Fault
Send me a PM if you'd like some tips.
Money must be INCREDIBLY tight for you to not be able to afford to make your customers happy.
There are NO problems the slow down is by design !!!
Dont play his game ...its a ruse to pretend to be this incompetent...... They are scamming all of their pre-order customers ..
The pre-order lock funds away so they cant be turned into hash that competes with the DIRECTORS mining operations
String them along & tell/give them anything but just keep them OFF main net
CHips credits,Upgrade paths ,tradeable pre-orders, free steak knifes but DONT allow them to get onto main net !
September 14, 2013, 08:20:54 PM
Here is some free advice Josh,
Instead of coding chip vouchers, classified sections to transfer orders here is something you can work on for something I like to call increased (or in your case an attempt to salvage..) customer satisfaction.
Create a mining pool for BFL customers who are still waiting for their hardware,
load it with wallet addresses that we each put into our user profile.
Put everyone in the pool.
Burn in all the BFL gear to that pool, so we can split the earnings,
and while you are at it, throw 10 Mini-Rigs into the pool as a show of good faith.
When you ship our orders leave us in the pool until you have really cleared the backlog.
What would that cost you? Bigger question what would that gain you?
These are the things us real world C Suite people do.
September 14, 2013, 08:19:01 PM
Here is some free advice Josh,
Instead of coding chip vouchers, classified sections to transfer orders here is something you can work on for something I like to call increased (or in your case an attempt to salvage..) customer satisfaction.
Create a mining pool for BFL customers who are still waiting for their hardware,
load it with wallet addresses that we each put into our user profile.
Put everyone in the pool.
Burn in all the BFL gear to that pool, so we can split the earnings,
and while you are at it, throw 10 Mini-Rigs into the pool as a show of good faith.
When you ship our orders leave us in the pool until you have really cleared the backlog.
What would that cost you? Bigger question what would that gain you?
These are the things us real world C Suite people do.
September 14, 2013, 08:11:15 PM
I'll give Inaba a tip..................
Don't talk with your mouth full.
Here's another....................
Don't walk through mud puddles!
Don't talk with your mouth full.
Here's another....................
Don't walk through mud puddles!
September 14, 2013, 08:09:59 PM
Oh one last question,
On what day will you concede that you won't clear the backlog (April 30th in Josh-speak) by the end of September?
You could always move the goal posts again, Maybe Jan 1st, 2013?
On what day will you concede that you won't clear the backlog (April 30th in Josh-speak) by the end of September?
You could always move the goal posts again, Maybe Jan 1st, 2013?
September 14, 2013, 08:09:16 PM
And somehow it is BFL's fault... at least according to people like Joe.
As I think you've alluded to, if not explicitly pointed out, if BFL had made timely delivery, much the same economics would have been facing the buyers, only much earlier.Maybe that would have discouraged the likes of KnC, FastHash, et.al., and the network would have reached an equilibrium. But with as many ASIC design teams as there are, and as much foundry capacity as there is, that's doubtful.
In fact, that would have been more likely to encourage a cartel model, built around private chip development rather than retail pre-order offerings.
September 14, 2013, 08:06:19 PM
All BFL products delivered after today will never reach break even.
Josh will say, Well BTC will be up to $225 by then and you will have made money!
Syke says no BFL products delivered after today will reach break even. I think that's going to be the problem with any hardware. It was ordained when a proof of work which lent itself to massively parallel processing was written into the specs of bitcoin: it produces a situation with no equilibrium.
The only way an equilibrium could be established is if there were to evolve a handful of colluding or clearly cross-signaling entities dominating the network, each with large network shares, who would respect each others' network shares and drive any non-cartel shares to below net-revenue zero.
Otherwise, the only way to increase revenue is to bring more hash power on line, and the dog begins to chase its tail, circling faster and faster. That way, too, small miners become collateral damage at an increasing rate.
And somehow it is BFL's fault... at least according to people like Joe.
Josh nothing is your fault.
Failure of the initial design - Not Your Fault
Failure to ship in Feb. - Not Your Fault
Failure to ship in March, April - Not Your Fault
Chip supply chain problems - Not Your Fault
Power supply supply chain problems - Not Your Fault
Mini-Rig Design problems - Not Your Fault
Customer Service problems - Not Your Fault
Compliance with FTC law regarding refunds - Not Your Fault
Your investors crucifying you any way possible - Not Your Fault
MAYBE, MAYBE 15% of your investors are making a real fuss, your inability to shut them up - Not Your Fault
Send me a PM if you'd like some tips.
Money must be INCREDIBLY tight for you to not be able to afford to make your customers happy.
September 14, 2013, 07:50:17 PM
All BFL products delivered after today will never reach break even.
Josh will say, Well BTC will be up to $225 by then and you will have made money!
Syke says no BFL products delivered after today will reach break even. I think that's going to be the problem with any hardware. It was ordained when a proof of work which lent itself to massively parallel processing was written into the specs of bitcoin: it produces a situation with no equilibrium.
The only way an equilibrium could be established is if there were to evolve a handful of colluding or clearly cross-signaling entities dominating the network, each with large network shares, who would respect each others' network shares and drive any non-cartel shares to below net-revenue zero.
Otherwise, the only way to increase revenue is to bring more hash power on line, and the dog begins to chase its tail, circling faster and faster. That way, too, small miners become collateral damage at an increasing rate.
And somehow it is BFL's fault... at least according to people like Joe.
INABA ONLINE?
Be still my beating heart!
September 14, 2013, 07:48:28 PM
All BFL products delivered after today will never reach break even.
Josh will say, Well BTC will be up to $225 by then and you will have made money!
Syke says no BFL products delivered after today will reach break even. I think that's going to be the problem with any hardware. It was ordained when a proof of work which lent itself to massively parallel processing was written into the specs of bitcoin: it produces a situation with no equilibrium.
The only way an equilibrium could be established is if there were to evolve a handful of colluding or clearly cross-signaling entities dominating the network, each with large network shares, who would respect each others' network shares and drive any non-cartel shares to below net-revenue zero.
Otherwise, the only way to increase revenue is to bring more hash power on line, and the dog begins to chase its tail, circling faster and faster. That way, too, small miners become collateral damage at an increasing rate.
And somehow it is BFL's fault... at least according to people like Joe.
September 14, 2013, 07:47:20 PM
All BFL products delivered after today will never reach break even.
Josh will say, Well BTC will be up to $225 by then and you will have made money!
Syke says no BFL products delivered after today will reach break even. I think that's going to be the problem with any hardware. It was ordained when a proof of work which lent itself to massively parallel processing was written into the specs of bitcoin: it produces a situation with no equilibrium.
The only way an equilibrium could be established is if there were to evolve a handful of colluding or clearly cross-signaling entities dominating the network, each with large network shares, who would respect each others' network shares and drive any non-cartel shares to below net-revenue zero.
Otherwise, the only way to increase revenue is to bring more hash power on line, and the dog begins to chase its tail, circling faster and faster. That way, too, small miners become collateral damage at an increasing rate.
September 14, 2013, 07:30:45 PM
For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC. If the price of BTC is above $120, it's profitable even higher. Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC).
If all you have is second grade math skills you might think ridiculously thin margins are acceptable. We'll be reaching 900 million difficulty in about 6 months, by which point the Jaly will be running not only at a loss, but will not have reached a positive ROI. All BFL products delivered after today will never reach break even.
http://mining.thegenesisblock.com/a/c63ab1d40a
I know, for my part, I would not want a device that runs at 200w at 60 GH/s - it would never see a positive ROI.
Now you're talking!!!
Josh will say, Well BTC will be up to $225 by then and you will have made money!
September 14, 2013, 07:28:32 PM
If all you have is second grade math skills you might think ridiculously thin margins are acceptable. We'll be reaching 900 million difficulty in about 6 months, by which point the Jaly will be running not only at a loss, but will not have reached a positive ROI. All BFL products delivered after today will never reach break even.
http://mining.thegenesisblock.com/a/c63ab1d40a
I know, for my part, I would not want a device that runs at 200w at 60 GH/s - it would never see a positive ROI.
Now you're talking!!!
OMG,I forgot he said that about Avalon way back when
September 14, 2013, 07:27:52 PM
What a wonderful day the 14th of September has been.
Northwest Airlines and Delta Airlines both filed bankruptcy in 2005.
It was the Lehman weekend in 2008; on the 14th, the pending deals were pulled, and the largest BK filing in US history was the next day.
And bitcoin difficulty crossed 100 million this year, making it (in UTC) by minutes.
Northwest Airlines and Delta Airlines both filed bankruptcy in 2005.
It was the Lehman weekend in 2008; on the 14th, the pending deals were pulled, and the largest BK filing in US history was the next day.
And bitcoin difficulty crossed 100 million this year, making it (in UTC) by minutes.
September 14, 2013, 07:20:52 PM
For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC. If the price of BTC is above $120, it's profitable even higher. Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC).
If all you have is second grade math skills you might think ridiculously thin margins are acceptable. We'll be reaching 900 million difficulty in about 6 months, by which point the Jaly will be running not only at a loss, but will not have reached a positive ROI. All BFL products delivered after today will never reach break even.
http://mining.thegenesisblock.com/a/c63ab1d40a
I know, for my part, I would not want a device that runs at 200w at 60 GH/s - it would never see a positive ROI.
Now you're talking!!!
September 14, 2013, 07:13:10 PM
If you want your money back, go fetch it from BFL's wallet.
https://bitcointalk.org/index.php?topic=291205.60
Claw your "cash back" today!
https://bitcointalk.org/index.php?topic=291205.60
Claw your "cash back" today!
I pull the trigger on this shortly.
Gave them their deadline.
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