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https://products.butterflylabs.com/homepage/nimbus-mining.html


BFL has now started offering Cloud Mining for $40 a GH


Talk among yourselves.

Try not to laugh

Copied from here http://www.nimbusdata.com ??

Each renewable contract runs for 12 months.   <-- worth to mention.

40$ a Gigahash?

That is crazy expensive. All other companies are selling Hashing power at around 3 to 7 dollars per GH/s.

Why would anyone buy into this?


Ah, they are still using 65nm gen 1 products....no wonder it is so expensive. Definitely not worth the money. Not by a longshot.

Price looks to be a medium-sized premium over BFL's existing 68nm hardware, which (at this point) will not ROI. So I get where they're going with this, but it's definitely not going to be profitable.

Sadly, that won't stop people from buying GHs. Maybe they'll justify it to themselves by calling it a "hobby".

That is crazy expensive. We are specifically excluding BFL from any group buys. They taught me a valuable lesson already once.

look how much cex sold and is probably still selling for double that (i know its cheaper now)

the worlds filled with retards, some of them are gainfully employed but still retards.

others call themselves ewik

BFL has no soul.

Corporations may be people, but I think the lack of soul is pretty much par for the course.

Wow, they will turn on mining for 4 times the price $40 vs $11 while customers wait for the monarchs are activated and the cheaper cloud mining is activated.  BFL is unscrupulously. 

fucking shit lol.                                                                                                                                                                                                                                           

So much for them promising to never do something like this.  They could've at least waited for a month or two after their customers Monarch's launched.

So is this the company that put in the million dollar order a couple months back?

So many things I want to say, but only one reason I can't say them. At some point I will have to decide whether to continue to stay silent for the sake of a certain person I know well who works there or write the novel that I've been planning for the better of the community... Only time will tell I guess, because it's obvious neither they nor their customers can stop themselves due to their greed.

There goes your Monarch's Pre-order money to fund their cloudhashing facility!!!

https://i.imgur.com/PdXq2Du.png

Off to a resounding start I see...

At least start writing it so when that person becomes unemployed it will be ready.

Its nimbusmining.com

They don't even know the name themselves! LOL

why can't bfl just be banned from this respectable board! why are these scammers and their products allowed here

I'm trying not to laugh at your stupidity... BFL ain't selling this...

Next you'll be saying TigerDirect is a shill company for selling BFL products.......

It is up to us to point out their predatory nature not for the board to police it. Keep shouting and a few more new members might hear us and steer clear of them. Note that if you do you risk the personal attacks and slander machine that is BFL and it's shills. Be aware of that as you post against all that is unholy about BFL.

Really?  For a genius you can't read to fucking well...  Here let me copy and paste from BFL's website for you so it's a little easier.

Purchase Terms:  NimbusMiner contracts are served by nimbusminer.com.  Butterfly Labs (BF Labs Inc.) acts as the hardware supplier and the retail sales agent for this mining contract product.  Support and service is provided by nimbusminer.com.  NimbusMiner hardware is provided from either off the shelf 65nm products or from NimbusMiner's own 28nm hardware as it comes into service from it's own pre-ordered purchases of Monarch chip production.

BF Labs is absolutely selling this and they spell it out in plain old English so even super intelligent people like yourself can understand it.

BFL ain't selling this?

Then why is it listed on the Products list on the BFL site?

Here is usually how a website works, when you have something to sell you usually list it on your website.

Now in the case of BFL I can see how you would be confused by this simple paradigm.

Because in Bizarro BFL world you may list things in the product section of your website that you have no intention of delivering anytime soon (months/years) so we will give you some latitude but you get none for your inability to actually READ the part where they say they are providing the hardware and THEY are selling the service.

You are truly the most moronic BFL Fanboi the world has ever seen!!

 

BFL Ain't selling this yet there it is in my cart

http://imgur.com/kZwZoDy

http://imgur.com/kZwZoDy

BCP maybe your sentence was too complex for me, maybe you should break it down for me, we can pretend its a Josh sentence and each word has hidden meaning.

When you say "BFL" who do you mean? We assume Butterflylabs.com

When you say "ain't" we assume Ain't is a contraction for "am not", "is not", "are not", "has not", and "have not" in the common English language vernacular. In some dialects ain't is also used as a contraction of "do not", "does not", and "did not

When you say "Selling" we assume : to exchange (something) for money, to make (something) available to be bought, to be able to be bought for a particular price.

When you say "this" we assume since you are posting in a thread about Nimbus mining we assume that this is the "this" you are referring to.

So where did we go wrong in what you said?


Oh and P.S. Tigerdirect is going to get a real education about BFL, Can't wait to watch that.

ROFL, You highlighted it yourself: RETAIL AGENT.  BFL is doing for Nimbus what Tigerdirect is doing for BFL, acting as a go-between.  BFL didn't set the price, they are just advertising it, yet you and all the other fools are all like "BFL is so stupid for setting this price at 4x what the monarch pricing per GH is".

Contine to play your little word games, you trolls love to twist things that you don't understand.

I'm still laughing at your stupidity! 

For someone with a self claimed IQ of 138 (IIRC), you sure have a poor grasp of comprehending written English.  Your posts and general contributions to this forum lead me to believe you're closer in intelligence level to say a retarded donkey than a normal human being let alone genius.

Have to love it.  I also saw their wallet when looking at their site the BTC  Wallet http://www.butterflylabs.com/bitcoin-hardware-wallet/.  It is virus and trojan proof! Wont that wallet make you sleep sound.... ::)

Offline cold storage solution
Virus & Trojan proof
Redundant systems
Waterproof
Multi signature support


Someone needs to tell BFL what the word waterproof means.
Because if it's got a USB port in the bottom, it isn't waterproof.

Or in BCP terms

It ain't waterproof

You don't remember correctly, but then again, I don't care.  Let me break this down into kindegarten for you:

1) BFL is not hosting said service
2) BFL is not setting the price on said service

If I were to use YOUR logic, then TigerDirect is owned by BFL since they are offering BFL products.  Or, conversely, BFL is owned by TigerDirect as TigerDirect is selling BFL products.  Have you seen the stupidity of your ways yet?  Nah, didn't think so.

Hey shit for brains feel free to highlight where I suggested, implied or said that BFL was hosting said service or that BFL was setting the price on said service.  I was simply correcting your lie when you said BFL was not SELLING it, which any non retarded person can clearly see they are.

Dude, if you keep mistaking me for your brother, I may get offended.

It's obvious YOUR definition of this and mine differ, and the way you and the others in this thread go on, makes it sound like you hold BFL accountable for the pricing, etc.

Take a look:

This is NOT a BFL product for sale, therefore BFL is not selling it, Nimbus is, BFL is merely facilitating my purchase by acting as a go-between.

If I purchase an airline ticket through a travel agency, I am not buying FROM the agency, I am buying FROM the airline and they are merely facilitating it.  If the airline loses my baggage, I cannot go after the travel agency for it, it's the airlines fault.  Along those same lines, if Nimbus fails at their 'cloud hashing', you cannot hold BFL responsible for being the agent, the fault lies with Nimbus.

Correct.


Incorrect. BFL is obviously selling it, on their website, using their own shopping cart,  and the payment goes straight to BFL. By all definitions BFL is selling the product.

Ah, if so, then they will make their money back by selling shares (Gh/s) to utter suckers.

Brilliant...in a retard sort of way.

Who owns Nimbus?

Follow the money.

Time to rebrand I guess now BFL's name is mud right?

Weird.  My waterproof cameras say otherwise... though the usb isn't directly exposed.

Good question. Who is Nimbus?

http://www.nimbusmining.com/terms

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults/EntityName/NimbusMining/Page1

No "NimbusMining LLC" registered in Florida.

http://www.zillow.com/homedetails/20201-E-Country-Club-Dr-APT-1502-Aventura-FL-33180/64664531_zpid/

Million dollar condo. Nice. I guess that $40/gigahash business is paying off very well!

Possibly a wealthy investor go suckered into Pre-ordering a ton of gear from BFL.  Then after "two more weeks" they threatened and the solution was to sell the hashing power for them as compensation.  That or one of the bfl principles or their pals are getting their monarchs ahead if everyone else and want to squeeze out as much profit as possible but can't sell them on the open market because otherwise people in line will realize monarchs are out but they still need to wait "two more weeks"

<sarc>I love the general idea of cloud mining.</sarc>

Let me see now... The customer is supposed to send them some money and then can login and watch some application that purports to be mining on their behalf.  The customer can withdraw their BTC as a matter of prudence, even if many of them will not.  As long as the inflow of new BTC is greater than the redemption, whoever the man behind the curtain is, he doesn't actually need to do any real mining.  Or perhaps he can fudge the numbers and "exaggerate" a bit.

Who is Nimbus?  What is their connection to BFL?  How can they assure anybody of the legitimacy of their mining operation?  How can we trust a business that depends upon timely delivery of BFL vaporware?  IMHO, this has Ponzi written all over it.

These aren't based off the Monarch line of 28nm, if their website is to be believed. These are listed under the 65nm section which means someone in Florida probably bought all or most of the leftover 65nm line of chips off of BFL. Now, the question you should be asking is: Who is based in Florida who has a cozy relationship with BFL, so much so that BFL is selling their product for them? I know the answer, but I'll let someone else figure that one out. I think Syke will connect the dots. Or maybe PG...

Guys, check out the sweet GPU I just bought directly from Sapphire.

http://www.newegg.com/Product/Product.aspx?Item=N82E16814202080

Amazing card. But I think I might send it directly back to sapphire to exchange it for the 290x. Although, I fear the package may have been lost in shipping, so I will be contacting Sapphire directly to replace the package that didn't arrive.



http://www.sapphiretech.com/presentation/support/?cid=2&psn=000202&lid=1

Question: Can I order directly from Sapphire? Are you an end-user?
Answer: Unfortunately there is no possibility for end user to order directly at Sapphire Technology. Please contact a online retailer/distributor. You can find a range of retailers here.

Will that retailer RMA that device for you?

Sorry for the delay in responding, been EXTREMELY busy, I had to go to Walmart and buy some Duracell Batteries directly from Duracell, Had to buy some Peaches directly from some farmers, had to buy some oranges directly from some farmers that then had to be made into Simply Orange orange juice. Worst of all I bought a Dell laptop and the graphics card went out, It was an nVidia GPU so I had to send it back directly to TSMC for the RMA (Which was a pain because I had to send it to Dell first which then they, I'm sure, sent it to nVidia for me, and then undoubtedly nVidia sent it back to the fab so TSMC could bust out a new wafer) But that's not the worst part, the worst part is trying to keep track of all the purchases I made, as my Dell laptop I had to buy several chips from Cirrus Logic, a bunch from Texas Instruments, Broadcom, Intel, AMD, That's a lot of direct purchases.

let me sum it up for you,
You have lost this argument.

BCP: No they aren't.


The Rest of Humanity: YES THEY ARE.

So for those reading along Butterfly Labs IS selling Cloud Hashing services on their website that you can buy TODAY and purchase through the BFL shopping cart, click pay, and they will take your money and provide the service.

BCP is claiming that they are not selling it and that everything you see is an illusion and because he says that BFL is reselling this service that BFL is not selling it.

Don't try and understand it, just pat him on his head and send him home.

That's still incorrect. BFL isn't providing the service. Y'all can argue the semantics of the word "sell" all you want, but the service provider is decidedly not BFL.

The way I see it is if the ASICs break, Nimbus will have to send it to BFL for RMA, so BFL is simply a reseller of Nibus who is a reseller of BFL.

The way I see it, y'all are arguing about absolutely nothing. Good luck with that.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
And there you have it!!

And thank you for bringing your stellar contribution to the discussion  ;D.

To whomever is reading this thread - all you need to know is this - if you really care about your financial and mental health stay away from anything that BFL touches. They will tell you whatever you want to hear, sell you at a price you're willing to buy and with an ETA that looks within the realm of possibility.

However, if history is any indication you're probably better off giving your money to a charity. Sponsor a child for 10 years with your money, it'll probably make you feel way better than giving it away like this just so you can have the privilege of being insulted later...

Hey, you're free to waste your time arguing idiotic semantics if you want. But by the same token, the rest of us are free to point and laugh at you for being pedantic dipshits.

I believe it all started with this dipshit comment:

I'm trying not to laugh at your stupidity... BFL ain't selling this...

I always find it ironic how often people who claim not to have the time to waste on such insignificant discussions do in fact just that... and then just to add the cherry on top comment about other people wasting their time  ;D.

I've got plenty of time to waste. I just prefer to do it laughing at dipshits. Semantics are fucking boring.

Might as well be entertained by the stupidity of others, I always say.

You always say that? I've read every single post you've ever made on this forums and every other forum on the internet, and you have never once said that before.

My hats off to you then, sir. You clearly have more time to waste than I do. Bravo!

BCP, please stop creating extra accounts at BitCoinTalk. Thanks.

Damn, you got me! I'm totally BCP! And we are Satoshi, too.

Who owns Nimbus?

That is all that needs to be asked... who has a stake in it? Is Josh a part owner? Is BFL or any of their board owners?

Who are Nimbus? What experience do they have in cloud mining? Where are the miners being housed?

1000's of unanswered questions like these might want to make the normal investor raise the red flag because they are associated with BFL. That alone would give any person who knows BFL history to not buy anything from Nimbus especially way over priced cloud mining at $40 Gh/s.

another fail from butterfly labs !  ;D

Bought 2ghz year contract .. And right now there mining service ain't mining <~not impressed

What a rip off, we could do a 1 yr contract out of our farm at half that price easy.  And you would start mining today. 

Share a link and pricing and any customer testimonials.

1) it's bcp, no need to shout

2) I have no need of more than 1 account, so no need to lay false blame

3) ... you're not worth anything further...

Same for me. Sent a message to support, but they didn't reply.
Is there BFL people on this thread? What's going on?

Group Buy #2 pricing - .35 a share 18GH right now.  Another 12 GH later...cost breakdown (ignoring the 12GH later).
.35 ($280) buy in + 164.89 1 year hosting = $444.89 for 18/GH = $24.71/GH
Plus you'll get more hashes later from a KNC Neptune.

Group Buy #4 is even cheaper, @ .295 a share, and it has a Scrypt rig as it's bonus to diversify.  There's a big difference when you go with a community oriented project, versus the "2 week" nightmare.

Did anyone see the Asicminer 40nm chip post? Sub $1 per Gh/s. Game over for BFL.

Still not hashing ... Just as unreliable as my 50ghz miner actually mining at 50ghz...

Why do you people keep wasting your money with BFL? Are you so rich you have so much money you don't know what to do with it all?

Bought btc at 60 :) just got a few left now

You can just give them to me if you're dead set on throwing them away.

how do you not have any your a hero member :P

 :D  I have a crapload.

BFL won't be hashing till April or May dude,don't you research BEFORE spending your BTC ???  ::)

Good luck....maybe buy MORE shares so BFL can get the Monach's out sooner!!  :D

It's hashing again whoop :) I bought nimbusmining cause I can choose the pool and cex.io terms and conditions change soon and got a nice one month bonus contract from them assuming for the problems  8)

and there service is apparently not working for my two 1ghs contracts now.. mining to the pools they 'make' us select instead of being able to point to any like previously promised..
Round started 64 hours ago
Shares solved this round: 2615308659
Shares solved by you this round: 0

 :-[

Link doesn't work, but here's the archive: http://web.archive.org/web/20140331025403/https://products.butterflylabs.com/homepage/nimbus-mining.html


Fact: Nimbus Mining gets all their hardware form BFL.
Fact: Nimbus Mining hashes with only 65nm products from BFL.
Fact: Nimbus Mining DOES NOT YET hash with 28nm products from BFL.

Fact: Nimbus Mining is part of CoinWare.
Fact: HashTrade is one of http://www.coinware.io/companies.html 's companies.
Fact: HashTrade ordered millions of dollars worth of BFL's Monarchs.

Fact: Josh Zerlan, VP of BFL, rather reply to and read WFT articles on Reddit than address concerns expressed by his customers who afforded him to purchase a paid-in-full half million dollar home.
Fact: I am a Drama Queen if you believe Josh, for that's what he refers to me as.
Fact: I am taking a shit while penning this post.
Fact: I jack off to MFC videos, preferring the girls to have small tits with tight pussies. Just before I'm about to cum, I yell out, "Jody! Jody! Jody!" Okay, maybe I made up part of this fact, but you guys have to guess which part.

http://bitcoinexaminer.org/bitcoin-developer-gavin-andresen-suspects-cloud-mining-operations-ponzi-schemes/

Funny, how BFL decided to take this page off their official site, now only available via TWM: http://web.archive.org/web/20140626111927/https://products.butterflylabs.com/homepage/nimbus-mining.html

NimbusMining ordered millions of dollars worth of Monarchs, just like their sister company, HashTrade, did, and BFL was gung-ho in providing their number one purchaser kudos, yet later discontinued the practice.

I wonder why.

#ASKFTC

Nimbus was essentially a way to get people to pre-order more monarches. People would see that the Nimbus would use monarchs and would compare pricing and would see that buying the monarchs outright is more cost efficient, but would not make a cost calculation as to what it would take for the monarch to ROI