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Topic: [FAILED]Butterfly Labs 30 day countdown to the end of September - page 50. (Read 69478 times)

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I would be more concerned about the 14 day countdown until Sonny's parole ends.

I'll have the pleasure of meeting him on the 10th.

Raspberry.

Do tell

I will be visiting Camp BFL on the 10th of September thanks to Josh's invite.
hero member
Activity: 854
Merit: 500
I would be more concerned about the 14 day countdown until Sonny's parole ends.

I'll have the pleasure of meeting him on the 10th.

Raspberry.

Do tell
legendary
Activity: 2212
Merit: 1001
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.

With Avalon just about outta the picture, at what exchange rate does mining with the Monarch--once shipped--make sense: e.g., $150; $175; $200; $234.56?

Actually,I hate to say this...........but it will work @ $130 + or - ,you decide  Roll Eyes

@ today's diff 65750060.1491 (500TH) & BTC price of $130

                Coins   Dollars

per Day      ฿4.59     $597.70

per Week    ฿32.12    $4,183.93

per Month   ฿139.51  $18,170.23

@ diff of 262768000 (2000TH) & BTC price of $130

                Coins    Dollars

per Day      ฿1.15   $149.56

per Week    ฿8.04   $1,046.91

per Month   ฿34.91  $4,546.57


@ diff of 525536000 (4000TH) & BTC price of $130

                Coins    Dollars

per Day      ฿0.57    $74.78

per Week    ฿4.02    $523.45

per Month   ฿17.45   $2,273.29

Not deducting for electric,you can do that  Cheesy
member
Activity: 70
Merit: 10
I would be more concerned about the 14 day countdown until Sonny's parole ends.

Lets get a second clock for this.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I would be more concerned about the 14 day countdown until Sonny's parole ends.

I'll have the pleasure of meeting him on the 10th.

Raspberry.
sr. member
Activity: 322
Merit: 250
I would be more concerned about the 14 day countdown until Sonny's parole ends.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.

With Avalon just about outta the picture, at what exchange rate does mining with the Monarch--once shipped--make sense: e.g., $150; $175; $200; $234.56?
sr. member
Activity: 364
Merit: 250
Will anyone take the "Yes" side if someone were to set up a bet?

I'm willing to bet 2BTC that they won't even clear the Jalapeno backlog and that's shipping the fastest out of all units. Any takers?  Grin
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
lol when i get my order, i can just forward it to the bitcoin museum..

I won't say no  Wink
hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.

Its funny how people still want force others to simply give up mining...  what do you know how much mining costs other people have??  Have you a time machine so you can be sure that singles dont mine their 9.5BTC refund??  

I was told so many times that in June 2011 everyone should simply buy BTC and not mining gear... I bought a rig for 1100€.. at that time this amount had got me 50 BTC.. I mined nearly 600 with it.. so i dont listen to anyone who dont know a shit about my running costs and whats my goal in mining...
So you should buy mining equipment that is a generation old, because you have cheap electricity. Makes sense.. or not, Im not trying to put anyone off from mining here. I'd just like to see people making informed decisions based on promises that are kept.
legendary
Activity: 2702
Merit: 1261
It's funny how people still prefer the units over their money back.

Money back? This is BFL. I requested my refund in Jan 2013. They ignored my request but delivered a Single SC about two weeks ago. No chance that I will ever see ROI with this machine. I operate it as one of the few bitcoin miners to support the network.
legendary
Activity: 1190
Merit: 1000
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.

Its funny how people still want force others to simply give up mining...  what do you know how much mining costs other people have??  Have you a time machine so you can be sure that singles dont mine their 9.5BTC refund??  

I was told so many times that in June 2011 everyone should simply buy BTC and not mining gear... I bought a rig for 1100€.. at that time this amount had got me 50 BTC.. I mined nearly 600 with it.. so i dont listen to anyone who dont know a shit about my running costs and whats my goal in mining...

That is bizarre that people would say that. That was one of the most profitable periods of mining when BTC spiked above $20 in value. There would be no math available that could demonstrate that a rig would not earn substantial sums of BTC.

You might be thinking of November of 2011, when the price dropped below $3. In that case, investing in new rigs or even running them was not profitable for some. It would be easy to demonstrate that running a rig for $3 worth of electricity to generate 1 BTC worth less than $3 was not a good idea. During that period, I turned off my GPUs and simply bought the same BTC I would have generated (but paid a bit less for it). Yay for $0.32 kWh Sad
hero member
Activity: 532
Merit: 500
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.
The calculator over at http://mining.thegenesisblock.com/, while informative, is vastly overrated.  The difficulty will start tapering off around January, not scream up to the insane levels thys currently show.  While 1 billion difficulty is possible, 30 billion in 12 months is like expecting BTC to hit $1,000,000.
newbie
Activity: 32
Merit: 0
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.

Its funny how people still want force others to simply give up mining...  what do you know how much mining costs other people have??  Have you a time machine so you can be sure that singles dont mine their 9.5BTC refund??  

I was told so many times that in June 2011 everyone should simply buy BTC and not mining gear... I bought a rig for 1100€.. at that time this amount had got me 50 BTC.. I mined nearly 600 with it.. so i dont listen to anyone who dont know a shit about my running costs and whats my goal in mining...
hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
It's funny how people still prefer the units over their money back. I suggest some math and taking a look at the difficulty development over the past months as a comparison.
member
Activity: 70
Merit: 10
Why do we need a countdown? They cannot accomplish the deadline no matter what they do. I am sure a new date will be announced to complete the backlog, maybe not as they clearly don't give two shits about their customers or the law. You get your gear when they feel like sending it, only the legal system or Govt. can make them do otherwise. At this point, I have zero sympathy for any person that places new orders with this company and deserve whatever BFL does to them. My two fucks that was once given, is now placed back in my pocket.
hero member
Activity: 728
Merit: 500
cryptoshark
So, BFL have some weeks before largest collective suit in bitcoin history (or/also Lynch law). Refund impossible, ROI impossible, whats possible? How much megadollars now they have in preorders?

Just convert to bfl singles to monarch or maybe monarch to lord after and then lord to unicorn
They are mining bitcoins in special way Wink
legendary
Activity: 1912
Merit: 1020
So, BFL have some weeks before largest collective suit in bitcoin history (or/also Lynch law). Refund impossible, ROI impossible, whats possible? How much megadollars now they have in preorders?
hero member
Activity: 602
Merit: 500
lol when i get my order, i can just forward it to the bitcoin museum..
hero member
Activity: 854
Merit: 500
Fridays update (posted Late Saturday)

Jalapenos: Feb 12-14, 2013 (2 days progress?)

Little Singles: Nov. 5, 2012 (8 days progress)

Singles: July 23, 2012 pay date  (1 days progress)

MiniRigs: for June 27 (2nd 500gh/s unit) and July 28 for 1st 500 gh/s (1 days progress)
We have one more of the second 500MR to ship for June and 3 more of the 1st July MR to ship.



as it compares to the previous days update:

Jalapenos: Feb 12, 2013

Little Singles: Oct. 28, 2012

Singles: July 22, 2012 pay date

MiniRigs: for June 26 (2nd 500gh/s unit) and July 28 for 1st 500 gh/s
MiniRigs shipped today


Note Little Singles are the least ordered SKU from BFL (less the Minirigs) and you can knockout a weeks worth by shipping a few dozen units.



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