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Topic: Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence - page 9. (Read 146793 times)

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
BTW...the title of this thread is still incorrect. The stepson was the person involved in the mail fraud allegations.
Conviction, not allegations. Also, what do you mean by step son? Are you saying that BFL guy and the mail fraud convict are not the same person?
PeZ
sr. member
Activity: 297
Merit: 250
BTW...the title of this thread is still incorrect. The stepson was the person involved in the mail fraud allegations.
hero member
Activity: 924
Merit: 1000
hero member
Activity: 938
Merit: 502
the CEO of bfl has prooved he delivers (see their fpgas).
i dont care about his history. everybody has a chance to change himself.

i am still looking forward to my - really early ordered - bfl asic Cheesy

Just wondering...are you still waiting or have you gotten yours?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
...
I think BFL went WAY THE FUCK in over thier heads, While running a preorder funds scam to get the money togeather to "get a jump" on the competition.
But they were underprepared, and underestimated the difficulty of what they are doing.
BFL is a very crooked comapany with convicted scammers running it, however, that does not mean that thier ability to create ASIC units is a scam.

I see no indication that BFL has any in-house technical skill whatsoever.  I'll bet that anything more complex than designing air-flow (which they've chronically fucked up) has been contracted out, and I'll bet that they themselves were scammed here more than once.  Or at least lacked the skill required to select a competent vendor.  Burning some of pre-order funds in the process.

Ultimately we won't know much of anything until someone sands one of 'their' chips.  I'll be looking forward to that with interest.



Given they already wasted a crap load of pre-order funds redesigning the entire line after realizing they fucked up bad on power/cooling issues...



What would you expect from the official KC Royals photographer teamed up an Iranian geek in France whose only claim to fame to date was the building of a PCB that played elevator music?

Luckily, Sonny, on a path to change his ways, came to the rescue, pushing his Step-Daddy-O to the side and taking over the alpaca reins, sending Nasser on vacation to Rome late last year during the time investors were expecting their units to start shipping.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
...
I think BFL went WAY THE FUCK in over thier heads, While running a preorder funds scam to get the money togeather to "get a jump" on the competition.
But they were underprepared, and underestimated the difficulty of what they are doing.
BFL is a very crooked comapany with convicted scammers running it, however, that does not mean that thier ability to create ASIC units is a scam.

I see no indication that BFL has any in-house technical skill whatsoever.  I'll bet that anything more complex than designing air-flow (which they've chronically fucked up) has been contracted out, and I'll bet that they themselves were scammed here more than once.  Or at least lacked the skill required to select a competent vendor.  Burning some of pre-order funds in the process.

Ultimately we won't know much of anything until someone sands one of 'their' chips.  I'll be looking forward to that with interest.



Given they already wasted a crap load of pre-order funds redesigning the entire line after realizing they fucked up bad on power/cooling issues...

legendary
Activity: 4690
Merit: 1276
...
I think BFL went WAY THE FUCK in over thier heads, While running a preorder funds scam to get the money togeather to "get a jump" on the competition.
But they were underprepared, and underestimated the difficulty of what they are doing.
BFL is a very crooked comapany with convicted scammers running it, however, that does not mean that thier ability to create ASIC units is a scam.

I see no indication that BFL has any in-house technical skill whatsoever.  I'll bet that anything more complex than designing air-flow (which they've chronically fucked up) has been contracted out, and I'll bet that they themselves were scammed here more than once.  Or at least lacked the skill required to select a competent vendor.  Burning some of pre-order funds in the process.

Ultimately we won't know much of anything until someone sands one of 'their' chips.  I'll be looking forward to that with interest.

legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
You people are nuts, their ENTIRE PROBLEM is that THEY ARE CON MEN and they are participating in a LONG CON.  

Take your misguided BFL fanboi love elsewhere, geesh....
By what you just said, your stating that the BFL ASIC miners are a scam.
Please explain to us why customers are recieving BFL ASIC miners if BFL's ASIC's are a scam.

Are you gonna try to say "just because they can make a jalapeno doesnt mean they can make a bigger better one"
Actually, it kindof does mean that. Most of the time when a computing product is created, the most common things you run into when "scaling" it to a larger unit, Is power/heat/size/cost
Seeing as how the jalapeno's work, I dont think BFL is going to have too much trouble scaling it to be a larger product.
In example of the japapeno's design, it's a scaled Down unit from what they originally tried to make, They ran into power and cooling issues.

They've almost fixed the power issues, and the cooling issue is a simple one, bigger sinks and fans in a larger case.
If bigger sinks and fans in a larger case doesnt cool it better, Then you move down to something like the thermal conductivity of the chip and how effeciently the thermal paste/solution is cooling the chip, and if you cant make that thermal paste/solution better.
THEN you have to alter the chips.

I think BFL went WAY THE FUCK in over thier heads, While running a preorder funds scam to get the money togeather to "get a jump" on the competition.
But they were underprepared, and underestimated the difficulty of what they are doing.
BFL is a very crooked comapany with convicted scammers running it, however, that does not mean that thier ability to create ASIC units is a scam.
hero member
Activity: 924
Merit: 501
You people are nuts, their ENTIRE PROBLEM is that THEY ARE CON MEN and they are participating in a LONG CON. 

Take your misguided BFL fanboi love elsewhere, geesh....
legendary
Activity: 1652
Merit: 1067
Christian Antkow
From what I can tell, their entire problem was based on the lack of ASIC chips.

Partially correct. It's saying nothing to their needing to redesign their boards to accomodate the increased power draw of said chips.
hero member
Activity: 924
Merit: 501
Vaporware typically means overly hyped idea that never gets beyond 3D renderings. BFL has working units, and is just waiting for ASIC chips. From what I can tell, their entire problem was based on the lack of ASIC chips.

That is an amazing optimism given all the facts presented in this thread.
sr. member
Activity: 434
Merit: 250
Here I thought their entire problem was a lack of integrity. Thanks for clearing that up. Wink
legendary
Activity: 1680
Merit: 1035
Holy shitballs Butterfly labs have just announced their new 50Th/s modules. These things look killer, sign me up for two!

http://tinypic.com/r/30aaoud/5

Wait, is this new? They had two of them hashing at the conference last weekend (of at least spinning their fans. They didn't feel hot)

They might as well be rated for 1,000,000 Th/S, vaporware is vaporware

Vaporware typically means overly hyped idea that never gets beyond 3D renderings. BFL has working units, and is just waiting for ASIC chips. From what I can tell, their entire problem was based on the lack of ASIC chips.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
Holy shitballs Butterfly labs have just announced their new 50Th/s modules. These things look killer, sign me up for two!

http://tinypic.com/r/30aaoud/5

Wait, is this new? They had two of them hashing at the conference last weekend (of at least spinning their fans. They didn't feel hot)

They might as well be rated for 1,000,000 Th/S, vaporware is vaporware
legendary
Activity: 1680
Merit: 1035
Holy shitballs Butterfly labs have just announced their new 50Th/s modules. These things look killer, sign me up for two!

http://tinypic.com/r/30aaoud/5

Wait, is this new? They had two of them hashing at the conference last weekend (of at least spinning their fans. They didn't feel hot)
sr. member
Activity: 446
Merit: 250
Holy shitballs Butterfly labs have just announced their new 50Th/s modules. These things look killer, sign me up for two!

http://tinypic.com/r/30aaoud/5
legendary
Activity: 1680
Merit: 1035
..... And I was told a date of when they hope to start shipping, which I obviously won't mention....

Were you told this date in confidence?  Why wouldn't you mention the date.
Not that the information would really mean anything anyways..

because I don't want Josh to embarrass himself when they miss it yet again  Roll Eyes
hero member
Activity: 756
Merit: 522
I was not going to mention this but he does look thinner as well.

Meth does wonders for crack whores that can't afford the crack no mo'.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
I saw the mythical miners at the Conference today, along with a very tired and a bit frazzled looking Josh. They were mining, too. And I was told a date of when they hope to start shipping, which I obviously won't mention. For being a scam, they're really doing a good job leading people on.

 Would you say the fat lady is warming up with "Doe Rae Me" ?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Quote
It must sting that Avalon is included in the conference material and not BFL.

Seriously, smoothie? Coupled with receiving a unit from Avalon, TBF may have had serious revelations as to why they preferred to not include BFL within any of their official flyers/documents, making sure to maintain a safe distance just in case an eminent meltdown materializes in their eyes.

Well if BFL has gotten away with using pre-order money to RnD and built something that will work I think nothing can be done about that. What makes me concerned is how are they going to pay for the material to build the rest of the units.

Including the 1.5Ths units, with pre-order monies? Could they be using Jala orders and the doubling of prices to keep things going?

Would that be sufficient to build the back log? Josh looked tired at the conference. Did not look like the usual Josh I have seen in previous videos. I was not going to mention this but he does look thinner as well.

I'm just worried about the rest of those orders especially the rigs.

You would be tired too if you had to lug this from KC to San Jose:

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