Topic: You can not cancel a order at Butterfly Labs (Read 5293 times)

That message was there prior to batch 2 opening as well and has been addressed by Yifu.

Man i wish i would have snap shot it but yesterday day AVALON had a page right when you clicked the available /not available button that said a bug or a bitcoin bug could render the miner USELESS and to buy at your own risk!!!

 Now imagine all these people who are at riot level receiving boxes with bad chips or bad firmware or BOTH!!! Its one thing to have taken youre $ and SCREWED YOU! But its another if they took your money screwed you with a obnoxious delay that greatly reduced the value of your ordered product only to delivery a buggy device that doesnt work well ... carrys a WARRANTY that if you USE??? YOU GO BACK TO THE END OF THE QUE!!!!!!!!!!!!!!!!!!!!!!

I send you a bad device and if you want to return it there is 9 MONTH WAITING PERIOD!! Omg... im soooooo in the wrong business!! 

This is almost better than imaginary toll booths!!!

i hope they ship my 60ghs soon

$10.000 o_O... for a Single SC ? Wow, this sure beats Avalon's pricing...

+1 on this.  Curious to see how it all plays out this year though.

Literally every day I see more and more BFL Asic units for sale on eBay. I just hope the [likely] scam won't be so big as to cause a strong negative reaction within the BTC community as a whole.

I did in fact cancel my order of a single and got an instant refund. Will probably try the Jalapeno if it ever comes out, just for fun.

I think I get it now. The bit I was missing is that the network adjust difficulty to only allow a finite number of coins to be mined in a given time period. When the network grows and or hardware improves there is a risk that more coins will be mined that should be mined for that period of time. Therefore the difficulty is adjusted to ensure that the coins aren't found quicker than they should be thus making it very difficult for lesser hardware to solve the calculations. Every 4 years the amount of bitcoins you get for successfully completing a problem is halved so that it becomes even more difficult to mine them. Very clever and indeed the mining analogy is very apt.

Thanks Guys for helping clear it up for me. In a nutshell, once these ASICS ship my mining days are done.

I shall however keep battering my trusted HD5850 for a very meager return, in the vain hope that these things will one day be worth a few thousand and can pay for my kids college fees haha. Some people say I'm a dreamer, but I'm not the only one.

BitCoin rocks when you grasp it but 2 things bother me

1) The electricity companies win big but the rewards wont result in lower fuel bills for people. Also bad for the environment
2) The government(s) will declare it illegal tender because they cant tax it. This will mean that it will never become mainstream. You'll be very restricted to where you can spend your coins.

I could see the whole thing dying a death to be honest. If an online pool provider or wallet provider rips everyone off it would knock confidence. Also a major computer crash could result in many coins being lost. Not to mention hackers emptying peoples wallets. If you cant spend proper coins down at "The Nags Head" there's no legs in it long term.

The only people who cash in are the early adopters just like in a Pyramid scheme

Same for me.
Is the first time i'm happy not to be a early adopter...
Because obv i would have fallen into the trap and lose 5000btc to this bunch of scammers

This makes me glad that I never went through with ordering from Butterfly Labs a few months ago.

Probably June 2014 if ever.

Well, the last order nº I saw was in the range of the 25.000, so I'm quite sure they reached 30.000. Maybe that's not the actual number, but even if it's half of it is still A LOT of orders...

And what about one order of 10 units? You don't get only one number per unit, right? So I'm quite sure they have dozens of thousands of preordered machines in the backlog. That's pretty scammy, and these guys are still saying newbies that they will get their unit ordered today "sometime in June, sooner if possible"

That's what they want you to believe and at one time I would've agreed with you. If however, you look back at past announcements it becomes very clear over time that they were nowhere near shipping at any point last year, yet they repeatedly led investors to believe shipments were imminent. It's a fraud and they're very plainly in violation of FTC prompt delivery regulations and have been for months.

I understand that a lot of people are angry because BFL has continually missed their deadlines, but I think this is more caused by incompetence rather than actual malice. Their project management skills are lackluster at best, but I'm not ready to call it a scam yet.

Did you cancel your order or did you pay in bitcoin?

You think those order numbers are correct? If so, they'd have to produce 4 units per hour 27/4 from now on to deliver actual orders within this year.

Well in this case their only option would be to run off to some 3rd world country or else spend a long time in prison.

For me it's quite the opposite. I preordered, but I got over it and I accepted I was scammed. Maybe they had no intention to scam their customers at the beginning, but I'm quite sure they are now saying "what the fuck, let's take the most out of it and fuck them all".

I've read EVERY DAY on this forums about newbies doing new preorders. Hell, BFL have got almost 30.000 preorders right now, and they are spending A LOT of money advertising they still non-existing units for preorder.

This, in my opinion, is another clear red flag. They are more worried in investing in huge advertising than in solving their problems.

If they were legit, they would just STOP taking preorders until they start shipping. I mean... What kind of return can make somebody that orders a SC Single today and receives his unit when Avalon has deployed at least another 3 batches, plus tons of THs deployed by ASICminer, plus the thousands (if not millions) of THs deployed by the units in the 30.000 orders before yours?

BFL knows that, and STILL is accepting preorders and investing a lot in advertising. They are SCAM, full point.

You've got a point there.

Still they managed their FPGA production and distribution. They seem to have made a chain of pretty poor decisions towards choosing reliable partners etc. But I agree that there's not much to justify optimism here besides the fact that pre-oderers seem to develop an analogy of the stockholm syndrome...

Well, I read that jabbering as a clear statement on their inability to produce a working, well tested product in a reasonable time frame. That is 100% clear from my point of view.

They did? Would you like to provide a link to those "clear statements"? The last update was basically jabbering something about problems with the board and fondling with the firmware. They've never had clear statements. Maybe "BFL Information Minister" might give us some more insightful information about the situation at the front

Well, the harsh truth is that early buyers in BTC will never b/e. I mean... In July a 60GHs BFL unit costed +200btc. To b/e TODAY they would need 40 days. But when the difficulty will spike x10, it's more than a year... While difficulty keeps climbing.


Well, I think BFL information politics is pretty good. They are stating pretty clearly that they are in very deep shit, and that they won't be able to ship a reasonably good, well-tested product for MONTHS. I mean, you can safely bet that you won't receive your unit until the summer or later... And probably you will never receive it.