https://www.fairlay.com/predict/registered/new/butterflylabs-monarch-a-unprofitable-investment/
If a monarch order from today turns out to be profitable you will get 101 times back your money.
(still would not recommend to predict on that)
Topic: Profitability of the new bfl monarchs (600ghs) (Read 10368 times)
i was really thinking about buying a monarch, but i'm just not convinced bfl will be able to produce these anywhere near their speculated time frame.
And the winner is?
Still no Monarch today. Not expected tomorrow. 15 months since they quietly started development.
i was really thinking about buying a monarch, but i'm just not convinced bfl will be able to produce these anywhere near their speculated time frame.
On my planet, we are seeing a profitability decline of over 50% each month. We call our planet Earth and it has a blue sky. What color sky do you have on your planet?
well then that gıves us 4 months untıl the dıffıculty ıs at 1bıl hahaha. but ıts only jumpıng now because everyone ıs shıppıng. ı thınk ıt wıll cap for a whıle untıl the 600s come out on the floors
Well, here we are, less than three and a half months later, bitcoin difficulty is over 900,000,000 and the next expected difficulty is well beyond the billion mark.
Difficulty did not cap and it shows no signs of capping for the next six months which is as far ahead as we can see.
There are better deals then this, cointerra is coming out with 2 TH/s same with blackarrow...
there is no point in buying a monarch if you get it over a year late, by then it may only be worth $50 dollars, and forget about ROI, it will be 99% loss.
remember BFL in their own words the guarantee a shipment in 2 or more months, so a year or later is within what is an acceptable shipping schedule for them.
remember BFL in their own words the guarantee a shipment in 2 or more months, so a year or later is within what is an acceptable shipping schedule for them.
The monarch is good, but like you said not from BFL...
Im pretty sure BFL will be out of business by mid-2014, they have a customer retention rate of around 5% and other companies are just thrashing them in terms of gh/$, oh well Sonny and Josh, you made a few mil had a nice ride and now the party is over. Cant say Im sorry to see you go.
there is no point in buying a monarch if you get it over a year late, by then it may only be worth $50 dollars, and forget about ROI, it will be 99% loss.
remember BFL in their own words the guarantee a shipment in 2 or more months, so a year or later is within what is an acceptable shipping schedule for them.
remember BFL in their own words the guarantee a shipment in 2 or more months, so a year or later is within what is an acceptable shipping schedule for them.
This card will be negative ROI once it arrives. Mark my words. The question is what is an acceptable loss? -100% ROI to ROI? You will be within in this band so only exchange rate speculation may bail you out. Before BFL hits, expect another 8-14 PETAHASH to come online so make sure you figure the difficulty well over 1 billion.
BFL is going delay as usual. And they need to because why would they hand over "xyz" amount of Terra Hash all at once into the network?
The ones who will make money are the 1st orders as how the 5ghz asic jalapeno 1st came out.
Its also another reason why on ebay, the 5ghz were worth like 8 times the value.
The ones who will make money are the 1st orders as how the 5ghz asic jalapeno 1st came out.
Its also another reason why on ebay, the 5ghz were worth like 8 times the value.
Count me as one of those saps who figured an upgrade would give some hope of being able to mine. What worse is I used BTC to do it! In a fiat sense, it would be ok once the fiat conversion of BTC rises. But certainly not when everything is denominated in BTC. I'm hedged between holding actual coin, mining stocks and hopefully a miner that gets delivered sometime SOON. Been beating up on myself for doing it. Heck, the SINGLE order was 93 BTC at the time. That's one expensive piece of vaporware.
/rant
/rant
Ouch, you poured almost $30K into the BFL hole.
Count me as one of those saps who figured an upgrade would give some hope of being able to mine. What worse is I used BTC to do it! In a fiat sense, it would be ok once the fiat conversion of BTC rises. But certainly not when everything is denominated in BTC. I'm hedged between holding actual coin, mining stocks and hopefully a miner that gets delivered sometime SOON. Been beating up on myself for doing it. Heck, the SINGLE order was 93 BTC at the time. That's one expensive piece of vaporware.
/rant
/rant
i just recieved my jalapenis feels good man even though its worthless now, kicking myself even more because i sold about 15 bitcoin 3 months ago which would be worth a fuck load right now
Quote
Fool me once, shame on you; fool me twice, shame on me
BFL fooled everyone once with the FPGAs, Then fooled everyone .....well I lost count how many times with first gen. ASICs,(currently still fooling people). And now they are giving you a third chance to be fooled by them....are people really that stupid....unfortunately, it looks that way.
If this "BitPay processes $1 Million BTC order for BFL" was a real investor order... or customer as they like to deceive. Anyone that has a Monarch order is really screwed. You can bet your ass the purchaser got a discount and will be given special treatment.
BFL just need to fool the whole world once is enough for them to make ton of money.
They already made their money from us - but they're going to be making money from whole lot of fresh faces!
People need to do some research before they buy something from company.. But oh well...
Debating about Cointerra.... They seem to be on the ball...although the charged their December shipment 13k. 6k for the January shipment might still be worth it...so I buy or just invest in BTC....Buy 28 BTC...or this machine...what to do...
Quote
Fool me once, shame on you; fool me twice, shame on me
BFL fooled everyone once with the FPGAs, Then fooled everyone .....well I lost count how many times with first gen. ASICs,(currently still fooling people). And now they are giving you a third chance to be fooled by them....are people really that stupid....unfortunately, it looks that way.
If this "BitPay processes $1 Million BTC order for BFL" was a real investor order... or customer as they like to deceive. Anyone that has a Monarch order is really screwed. You can bet your ass the purchaser got a discount and will be given special treatment.
BFL just need to fool the whole world once is enough for them to make ton of money.
They already made their money from us - but they're going to be making money from whole lot of fresh faces!
People need to do some research before they buy something from company.. But oh well...
Quote
Fool me once, shame on you; fool me twice, shame on me
BFL fooled everyone once with the FPGAs, Then fooled everyone .....well I lost count how many times with first gen. ASICs,(currently still fooling people). And now they are giving you a third chance to be fooled by them....are people really that stupid....unfortunately, it looks that way.
If this "BitPay processes $1 Million BTC order for BFL" was a real investor order... or customer as they like to deceive. Anyone that has a Monarch order is really screwed. You can bet your ass the purchaser got a discount and will be given special treatment.
BFL just need to fool the whole world once is enough for them to make ton of money.
They already made their money from us - but they're going to be making money from whole lot of fresh faces!
Quote
Fool me once, shame on you; fool me twice, shame on me
BFL fooled everyone once with the FPGAs, Then fooled everyone .....well I lost count how many times with first gen. ASICs,(currently still fooling people). And now they are giving you a third chance to be fooled by them....are people really that stupid....unfortunately, it looks that way.
If this "BitPay processes $1 Million BTC order for BFL" was a real investor order... or customer as they like to deceive. Anyone that has a Monarch order is really screwed. You can bet your ass the purchaser got a discount and will be given special treatment.
BFL just need to fool the whole world once is enough for them to make ton of money.
Quote
Fool me once, shame on you; fool me twice, shame on me
BFL fooled everyone once with the FPGAs, Then fooled everyone .....well I lost count how many times with first gen. ASICs,(currently still fooling people). And now they are giving you a third chance to be fooled by them....are people really that stupid....unfortunately, it looks that way.
If this "BitPay processes $1 Million BTC order for BFL" was a real investor order... or customer as they like to deceive. Anyone that has a Monarch order is really screwed. You can bet your ass the purchaser got a discount and will be given special treatment.
Lets trust them for one last time 
, and remember to use credit card (easier to get refund) instead of BTC or paypal...
, and remember to use credit card (easier to get refund) instead of BTC or paypal... 
To be honest BFL will do this to you, delay the orders, make a few stories up, but will hash with the hardware themselves, wait for the diff to increase a bit, then hand you what you ordered, after they have hashed a mint on there own private pool.
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