Bitcoin Forum

BFL seems to be ramping up production, so it's time for a gut check.

What is interesting is looking at the ROI numbers on any BFL units that have not shipped yet:

BFL SC Single:  http://mining.thegenesisblock.com/a/7810ae8e8e
 (http://mining.thegenesisblock.com/a/7810ae8e8e)
BFL Mini-rig:  http://mining.thegenesisblock.com/a/0251323bb6 (http://mining.thegenesisblock.com/a/0251323bb6)

I am worried that:

A)  Units that have not shipped will not ROI

or

B)  If BFL actually ships their entire backlog and they state will happen by the end of Sept(??), that alone will make many of those unit not ROI from the sheer weight of the difficulty they generate.  


P.S. I voted 'possible'

Voted Possible.

Replied to bump it.

BFL fan I am not. But I actually think they might be able to pull 2 months delivery from now off.

Must be because their wallet is on fire.

Strange, they suddenly found the motivation to ship quickly after all these months...

I wonder why they are able to deliver in such quantities only after the profitability of their products dropped to zero. It almost seems that the units were produced long before and this fraudulent company has been mining with customers hardware while it was sustainable. There was few 200 TH/s drops last week. It could be that some significant hashing power was disconnected for few days - as if it was in transport.

F BFL

There's no proof that they are significantly mining with units, albeit that's what's been suggested, but units were not assembled a while back and are now those that are being shipped. The facility is honestly geared to assemble and ship, shy of any units pulled for management's used of which I tend to believe but, again, no formal proof. Iff that were the case, rest assume that that's probably not the case now. I don't monitor the TH/s rate.

Please change question to "BFL and bankruptcy 2 months"

You sure BFL and Monarch by Christmas isn't a better title?

Why would you not order from bitfury... Who would trust these guys again...

It is sad to see what PG has become...  A sock puppet for BFL...  I guess it is true what they say everyone has a price!  You should add a disclaimer on the bottom that you have accepted free hardware from BFL so people know you are biased.

So true! My price was only ~$450 of which I'm donating. I should've held out for $600. Also, I shouldn't have taken fours days outta my schedule to go to KC.

Care to take back your statement?

The major thing that has changed since (in fact prior) to my trip to KC is anything resembly vitriol like my previous postings.

It's a moot point.  Since their units were sold at fixed price the more they shipped the quicker the units became unprofitable to buy so the incentive to ramp up was never there anyways.  With units currently unprofitable to buy at all and they can't drop prices since there's still a backlog I'm curious to see their next step.

Their next step was to shift the pyramid scheme over to the monarch, not very successfully so they introduced
the cloudf#cking power pyramid. As each pyramid starts to crumble a new one is built. The ultimate Ponzi Pyramid Scam.

Stay on and take your loss, or jump to the next and loose your sanity.  :o Am not playing anymore..I was never sane in the first place.

For only $50 a month, you too can now enjoy...

http://www.technovalley.in/wp-content/uploads/2012/09/mlm-multi-level-marketing.jpg

First of all I want to thank bfl for giving me a 200% return on the preorder I sold on.  They've figured out that there are plenty of customers aka math challenged lenders out there so good luck to them.  The more real wealth that gets sucked into btc universe the better for my holdings of btc.

huh, that reminds me of something.




that happened a year ago.

I remember these well, it started with $50 pyramids, within a few months they were $5000 pyramids. A few months later no one talked about them anymore.  ???