Bitcoin Forum

First off  I would like to say Thank you Cointerra, you are number 1 in my books. A free rig, wow :o , Butterfly Labs should take notes, SEEE how Cointerra loves and will go the extra mile for their customers.


Cointerra goes the extra mile for their customers.

"All customers who ordered the first batch of TerraMiner IV units, scheduled to ship in December, will now receive a second rig, free of charge."

Sincerely,
Team CoinTerra


Butterfly Labs should be ashamed of themselves.
~Do you think BFL will give you an extra right???
~Why don't they treat their customer with respected ???
~Customers will only receiver Free water with their rig? What The What ???

http://t2.gstatic.com/images?q=tbn:ANd9GcQASRDvyMaxbMhJGCh7IWSOkhBpqWDZITZU51m3gW6tLljbgm1R

It sounds like you ordered a nonarch without doing due diligence. I'm a former BFL customer, and none of us were recommending them...
As for cointerra, are you an actual customer, or are you using them to make a point about BFL?
Cointerra is not #1. They are under-delivering, and they're making up for their underestimation with...coupons. As though any of us will ever order from them again.
back to KnC baby

wow and this is your second post ? righ ??? lol... Listen Here "Josh or should i call you Inabafu or Bitchardo  " yes, I have a Cointerra on the way and I can wait to receive the second one for Free :) Let me tell you "Josh" i didn’t buy a "nonarch/monarch" :0)

 i made it my personal goal to do whatever it takes to inform Newbies (like you) about BFL.

BFL gives you lots of things ....

Excuses
Abuse
Delays
Losses

o yea, they will sure do it ... how can u open such topic ? ...

"KnC baby" doesn't care about you anymore, except as a source of ancillary revenue.  They are building one of the world's largest data centres... 

Yep, they did say the KnC Jupiter would probably be their last consumer product.

Wow, bfl is such a scam, people should remember their 15 months long lies...

I think its a great topic... Cointerra is going the extra mile to HELP their customers and not just to use them for their own Glory. Butterfly Labs uses their customers for their own Glory and to ONLY to Build their own Empire.

I have to admit, I've always been pretty amused by the butthurtness against BFL... but I'll explain why:

I came across a guy on ebay selling pre-orders for jalapenos at $600 bucks as early as July 2012... after doing a bit of research on the new "ASIC" devices that were being imagined, I looked up BFL's site directly and saw they were selling pre-orders for $150. I thought, "this is as big of a gamble as the $400 I spent on buying bitcoin at $6 and now its at $10, so what the hell."

Sure, I saw they were supposed to ship in October and it was August 2012 at the time, but I had just sold a bunch of crap on ebay and had some paypal money sitting around. So I went for it.

Since I was/am a believer in the future value of Bitcoins, there was no way I was going to spend (and potentially lose) 15 bitcoins on it, but $150? Sure, that's essentially nothing since it won't be worth $150 if spent later.

October came and went..... and I'd almost forgotten about the purchase. Then came the beginning of the great mania of early 2013 when the price started climbing....$20, $30, $40, $65.... that's when I started looking at what happened to that $150 I'd spent.... and that was when I first found the people FREAKING OUT that they'd sunk bitcoins into their pre-orders and those little devices were now costing them $1000.

"Huh," I thought, "...well, at least I'm only out $150 in play-money from paypal."

Then towards the end of May, I got an email from BFL asking me if I wanted to upgrade my device to 7.5gh/s for an extra $100... I quickly wrote back asking if it would change my place in the shipping cue.... to which they responded, "No, you are still scheduled to ship at the end of May." So another $100 of paypal money went to BFL.  So along with shipping, I was in for a grand total of $265.

Just as promised, my box arrived about a week later.... 10 months after I gambled on a preorder.... and now 8 months later, it has mined me about 11 bitcoins. Of course, it doesn't generate that much now... but if one is long on bitcoin, then even .002 a day is something.

I've remained silent about my positive experience with BFL since there are still people who are pretty butthurt about their unsuccessful gambling, but I figure now is as good of a time as any to say: THANKS BFL!

It amazes me how ONLY newbies accounts are giving positive feed back... for all I know this is probably another  Inababas/Josh's accounts ???  ;D but hey thanks for the post :) YOU should keep on buying from BFL, hope it goes well for you :)

I don't understand this logic at all.  If there's no way you were going to spend (and potentially lose) 15 Bitcoins on it, then why did you not simply buy 15 Bitcoins with that $150?  Obviously that was the most valuable option, since in your mind, the Bitcoins were worth more than the miner, and the miner was worth more than the $150.

As for people who feel they got "screwed" by BFL, I have no sympathy.  They are a largely unregulated company, and you pre-ordered from them.  It was a risk, a bet that you lost.  Sorry, but that is no fault except your own.

Full disclosure:  I had a first-day preorder for 60GH/s units from BFL.  I spent 450 BTC on them, and made maybe 100 BTC back at this point.  I would have been far better off simply holding the BTC I had, but that is a lesson learned, and I don't hold anyone but myself responsible for it.  People who are butthurt about it should learn from their mistakes and stop pre-ordering miners.

Very true, Just for the record I am butthurt lol :0) but Ill get over it in 2 weeks LOL ~
But like I said, I don't want others to make the same mistake WE made :)

The sad part about this is that you try so hard to prevent people from 'making the same mistake' you did, yet you go so over the top that you actually end up promoting the company instead of hindering it.  Your keep the BFL name right up there are the top for all to see, and the average person who reads it will basically roll their eyes at the rabid posts by all the Butthurt Fairy Lads who feel it is their civic duty to point out every little mistake as if it were a crime against God.

Caveat Emptor is all that needs to be said, in truth about ALL asic companies, but there are fools out there who seem to think they can still strike it rich.  It's the California Gold Rush all over again, and the guy selling shovels is the only smart one in the bunch.

Very true :!) but I don't like the Shovels BFL makes. I would much rather warn and inform my fellow miners about the shovels out their :)

Also if you google BFL and look up reviews, the main one out their are negative and my post are one of the TOP 10 negative reviews :)

No such thing as bad advertising right BCP?

I'd have to disagree.

I'm sorry, but if you ordered a Monarch it is your own fault. You'd have to be a retard to think that they were going to deliver it anywhere near on time when they said they would. You would know this if you did any research at all in to BFL.  And if you didn't do any research, again, it's your fault.

I do feel bad for anyone who ordered pre-Monarch products like the Jalapeno etc.  But the Monarch.  Ya that's your own fault buddy.

I love your signature but you left BFL out :?)
"newbs:  a lot of great people in the world of bitcoin, but also a lot of scammers and assholes, like Jon Montroll / Ukyo of bitfunder / weexchange, so be careful !"

glendall

Then they are doing a good thing. They are sending sheeple newbies over the cliff like lemmings.

We win.

They won't make any money by buying BFL, they will also basically go broke by BFL.

Win/Win?

Every newbie should buy from BFL in bulk.

When they realize the mistake they made, they won't be able to get their (re)funds back, right BCP?

BFL is helping the community by weeding out the unwise and alleviating them of their wallets full of cash and any notions of profit. Lets welcome them, these newbies never had a chance to see what hit them after buying from BFL.

BFL is the scarecrow of the Bitcoin Community. Except this scarecrow digs pits and lemmings fall right in never to (hopefully) recover.

---------------------------

We can just get rich from all the discouragement that people get when they invest in the wrong....I mean right company.

There is no over the top in warning people off BFL if they consistently lie about their own deliver dates and over promise on their miners specs. At what point do you simply let people lie cheat and steal money from others? I suspect even though many are somewhat happy that BFL locks up some hash rate the reality is that BFL is not affecting hash rate any more. Antminer, knC , Asicminer and others are building farms behind the scenes so it is doubtful the people buying Monarchs today would have any appreciably impact in 6 to 12 months time when they get their units given the the factory mining farms are really what is driving the hash rate vertical. The issue isn't that they are helping make informed miners more profit but rather their predatory and less than ethical business practices are damaging some lives by taking food off people's table and it is worth making a big stink to draw attention to the fact they are purposefully misleading customers and not following FTC regulations and most likely selling untested product in the US that should be investigated by the appropriate state and federal authorities in the US and EC.

Bottomline BCP is not ethical enough to admit his Monarch was a horrible investment. I suspect he continues to shill for BFL in order to get rebates or has been given a deal for hashing power from BFL if he continues to lie for them about the Monarch or to basically slander and derail threads with ad hominem attacks. Ignore is too good for BFL shills. Really these threads save new members money. For every lie BCP or Inaba tells they are found out and someone reads it and they quickly decide not to buy BFL. Anyone saying they support BFL at this point is likely paid off to do so.

Well, cointerra SAYS it will give the second rig for free.. lets see what really happens though. Because there is a huge difference between saying and doing  ;)

You wanna quote these lies I've told Bickski?  Yet again you are attributing to me things that have not happened.  You're the one who lies and evades things... Where's that $2800 in BTC you were going to buy?(Or should I say $1700 in BTC now...)  Oh, that's right, you bought $160 of FRC instead.  You couldn't even man up to a wager YOU put out there. 

Very glad I bought $2500 of BTC instead of BFL (or other ASICs) in Feb of 2012. 50x return on the ones I sold so far.  :o
A little sad I bought $2500 of GPUs in Dec 2012. They generated a good return via Litecoin mining but no where near as good as buying BTC.  :'(

Soooooo glad I didn't buy BFL, I would have missed the bus and only gotten .15 BTC back for every 1 BTC lost.  ;)

Happy to hear you came up :)

True! the letter was sent out to first batch customer and its a legal document, Soooooo I don't think they will go back on their promise. But let see what happens next ???

I had a late Jalapeno order (originally looked like september delivery, more like dec/jan) and cancelled it with paypal following some tips posted around these forums at the time.

full refund and I never looked back. poked my head in to look at the monarchs, then walked away laughing and shaking my head

Good JOB!

One more update from your boy Josh/Inabo:

 ;D

https://forums.butterflylabs.com/announcements/4414-monarch-information-2.html#post77863

https://forums.butterflylabs.com/customavatars/avatar1_11.gif

Here the latest on what customer will receive :( "ExtraSomething"...For their troubles?

WTWHAT!  Quote Originally Posted by BFL_Josh View Post  

https://forums.butterflylabs.com/announcements/4414-monarch-information-2.html#post77863

Power & Performance better than expected
 The initial power consumption numbers for Monarch are in and they're about 20% better than anticipated, meaning we expect the Monarch to consume 0.45W/GH at the chip level. This translates to about 300W per 600GH at the wall. Chip performance of all systems is as good as or better than predicted. To put this in perspective, this makes the Monarch chip nearly twice as power efficient as compared to our 28nm competition whose products operate between 0.9 and 1.0w per GH at the wall.

Chip Delay
 The initial batch that we currently have in hand is not suitable to ship to customers. This is due to a problem in a top metal layer of the chip that prevents some engines from initializing when the chip is first powered on. (With ASIC design, there are a number of layers to a chip; most of those layers are in silicon, but the last few layers are in a special type of metal. Subsequent batches were held in wait just prior to the metal layers so that we could affect any necessary changes and proceed with chip production from that point, drastically reducing the time it takes to bring a new batch of chips to life.) The problem was positively identified and the fix is already in progress; however it will take approximately 5 weeks before we get packaged chips in hand, meaning the deployment of the Monarch will be delayed about 5 weeks from now. The specific date is still being determined, but I wanted to get an update out as soon as possible.

Refunds & Delay Compensation

 Because of the delay, we're offering several different forms of compensation that vary based on order pricing and order date:

$4680 600GH Monarchs

Free performance upgrades
 All customers who ordered 600GH Monarchs prior to the price decrease on November 28, 2013 will be upgraded to the Imperial Monarch product, which is a new, high performance version of the card. The Imperial Monarch will operate at 1 TH/s (+ / - 20%).

Six Month Refund or Double Shipment Guarantee
 If you’ve been waiting in queue for six months or more, you qualify for either a full refund in USD, OR double the hardware you ordered. This latter option will come in the form of (a) first shipping you the new Imperial Monarch, giving you an expected 160-175% of your ordered hashrate, and then (b) an additional Standard 600 GH Monarch at the end of the queue, giving you another 100% hashrate boost, totaling an expected 250+% of your ordered hashrate once all products have shipped. (Note: Electing the refund cancels the Imperial Monarch upgrade offer in the first section above.)

50% off Voucher  
 If your paid order is less than 6 months old but you paid $4680 for your Monarch, you will instead receive an Imperial Monarch as described above, as well as a 50% off discount on an additional Standard Monarch at the end of the queue.

Full Price 300GH Monarchs
 For 300GH Monarch orders, similar but slightly different offers will be extended. Customers will be contacted with specifics via email soon.

Mining By the GigaHash
 If your Mining By the GH paid order is more than 6 months old, you will receive 2x the hashrate purchased.

Reduced Price Orders
 Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date.

. Details specific to each of the above order categories will be communicated to eligible customers via email in the next few days. We hope everyone will remain in the order queue and take delivery of these extremely power-efficient, super-fast miners. But, cognizant of the feedback of our earlier 65nm customers, for those qualified buyers who desire a refund we will gladly issue you one.

Refunds will be issued in 30 to 45 days from the date of request of refund. Refunds will be in USD.

If anyone is at the Texas Conference, please feel free to stop by our booth and talk with us.

I see humor is not your forte. Care to try again, but rearranging the list to at least spell out a word?

Delays
Excuses
Abuse
Losses

:D

Coindesk puts BFL on Blast LOL, check out the article concerning BFL's delays ! :(

http://www.coindesk.com/butterfly-labs-28nm-monarch-delivery-delayed-four-weeks/

0 + 0 = 0.

BFL math adds up perfectly.

Just be careful they don't start dividing zero because that is when they will ship you your Monarch on an "UNDEFINED" schedule.

https://www.facebook.com/sharer/sharer.php?u=http://knowyourmeme.com/videos/5525

BFL is getting ready to implode.

http://i2.kym-cdn.com/photos/images/original/000/649/982/733.gif

a look at your monarch

https://pbs.twimg.com/media/BioJVwpCAAAdZr4.jpg

Trying to buy trust, untrustworthy behavior.
Bribes users for fake feedback, untrustworthy

Leave Negative  feedback for these three accounts:

Inaba: https://bitcointalk.org/index.php?action=trust;u=8198

BFL_Josh: https://bitcointalk.org/index.php?action=trust;u=63314

BFL: https://bitcointalk.org/index.php?action=trust;u=44366

https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch.html

and


Leave Positive  feedback for these three accounts:
   
Theymos: https://bitcointalk.org/index.php?action=trust;u=35
   
Dogie: https://bitcointalk.org/index.php?action=trust;u=87869
   
Bicknellski: https://bitcointalk.org/index.php?action=trust;u=76550

https://forums.butterflylabs.com/customavatars/avatar1_11.gif

04-10-2014, 02:31 PM
"A) We have exactly 0 Monarchs that can hash.
 B) Since we have no A) we can't offer a hosting contract, since we don't have any hardware to offer such a contract... which is why we are doubling and in some cases almost tripling the hashrate of the people who've been waiting the longest."


Is this true ??? I don't think soooooooooooooooooooooooo!!!!!!!!!
https://forums.butterflylabs.com/monarch-discussion/8269-kncminer-compensation-vs-bfl-compensation.html

If you want to get added to the class action go here I am sure the lawyers would be glad to read about the 2x and 3x they are promising fits right in with claims they made in the case filing. It is interesting that BFL is continuing to offer "pre-orders" and "promises" for future compensation instead of just refunding people.

http://www.woodlaw.com/cases/butterfly-labs-and-bf-labs-inc-bitcoin-miners (http://www.woodlaw.com/cases/butterfly-labs-and-bf-labs-inc-bitcoin-miners)

WOW this guys (BFL) are really taking their time with the NOnarch,, Their going to have to give their customer extra GH/s again ....

Time is relative.

February 2013 BFL starts work on 28nm chips***
March 2013
April 2013
May 2013
June 2013
July 2013
August 2013 News of BFL's 28nm chips hits the media
September 2013
October 2013
November 2013 - No Monarchs
December 2013 - No Monarchs

January 2014 - No Monarch
February 2014 - No Monarch
March 2014 - No Monarch
April 2014 - No Monarch
May 2014 - TBA

15 months and still no Monarch. The revised "B" chips are supposedly working. Given that they have not put a chip to board and shown anything remotely close to hashing we are still weeks or months yet to see the Monarch 28nm. Still you can't get an immediate refund as per FTC rules.

The foooooooools who believed they will recieve a FREEEE Monarch LOLOLOLOL

List of Foools:
https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch-6.html
name   date
Pokokohua!   2014-03-30
fsb4000   2014-03-30
Pokokohua!   2014-03-31
fsb4000   2014-03-31
Flyeye   2014-04-01
Pokokohua!   2014-04-01
fsb4000   2014-04-01
criminalben   2014-04-01
criminalben   2014-04-02
fsb4000   2014-04-02
Pokokohua!   2014-04-03
fsb4000   2014-04-03
alphabetacanary   2014-04-03
criminalben   2014-04-03
JoRoidx   2014-04-03
monsterblitz   2014-04-03
Flyeye   2014-04-03
dmelj   2014-04-03
Flyeye   2014-04-04
fsb4000   2014-04-04
Cassey   2014-04-04
Pokokohua!   2014-04-04
securo   2014-04-04
criminalben   2014-04-04
Anonymailer   2014-04-05
Pokokohua!   2014-04-05
criminalben   2014-04-05
Flyeye   2014-04-05
dmelj   2014-04-06
Pry4u   2014-04-06
huj   2014-04-06
Pokokohua!   2014-04-06
criminalben   2014-04-06
Pry4u   2014-04-07
Pokokohua!   2014-04-07
dmelj   2014-04-07
criminalben   2014-04-07
dmelj   2014-04-08
Pokokohua!   2014-04-08
Pry4u   2014-04-08
Northlander   2014-04-08
Flyeye   2014-04-08
criminalben   2014-04-08
Pry4u   2014-04-09
dmelj   2014-04-09
criminalben   2014-04-09
Flyeye   2014-04-10
MelMan2002   2014-04-10
dmelj   2014-04-10
criminalben

https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch-6.html