I didn't make the clown cut.  At the time, I had to request a spot on that graphic. Luckily I was put in at a far right corner. |
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frank, I've changed my mind about you... I live in Denver only a few hours from bfl. let me know how I can help you.
Uh oh, this guy has caught on to what Frankie is after....watch out. Inaba (A BFL employee for those that don't know) I bet the only reason the BFL employee showed up in this thread is because he needs to put the breaks on your thread before people start either: A) That their refunds are in anyway at risk when or if they ever need them. B) The legal spear that might come to bite them in the ass as one (or a handful) of people buy up defunct pre-orders at pennies on the dollar...with BTC. Then file a massively disproportionate legal claim against BFL. Those that aren't catching on think Frankie is after the refunds from those orders yet fail to see that isn't his winning strategy. As everyone who will eventually go to Frankie is going to have already tried the refund window. With Customer Service at BFL taking many days or weeks to get a response back (at times)...Frankie would only have to wait for it all to fall apart and people to panic. Then collect a ton of pre-orders for pennies on the dollar, do the legal process and finally collect. How much would he collect? Could be a dollar on dollar amount. Could be alot less than that. Probably more than 10cents on each dollar. @ Frankie I would ignore Inaba. He is ["probably"] just trying to derail your thread or is probably asking the mods move it or get it deleted/locked. Your strategy took a few hours to sink in. It truly it is a beneficial strategy to all involved if BFL did go defunct. I suppose it would be better than a customer crying about losing 100%. I suspect though that you would lower your rates based on the level of panic that would be created with a failed BFL. If I were you, I would ignore Inaba. Hes going to probably try his darndest to derail the thread. Let it stand as an open offer. |
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when they don't, I am option three.
Fair enough, but for the "hard of reading" I'll quote the other offers in this thread. $0.75
I will pay 30 cents on the dollar.
You're more likely to be option five in all fairness. Actually, If things go south as Frankie thinks they will....then those others offering more than 10% are unlikely to want to actually pay it. The higher you pay each customer for their defunct order (without intention to litigate) the more you stand to lose. Without Frankies litigation strategy being "in play" the 20 or 30 cents on the dollar is pretty pointless. If no one is smart enough to catch on to this type of strategy...he will face little if any competition when it comes to paying out. Why would someone pay more if they were to go down a litigation route? That wouldn't make sense and it would net them alot less defunct orders. |
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I will pay 30 cents on the dollar. (your childish language is uncalled for)
Ok then, allow me to use more appropriate language. This is neither the time nor the place to start an auction. Should somebody choose to auction off their order and/or debt with regaurds to butterfly labs and the delivery and/or failure to deliver their bitcoin mining products, feel free to out bid me there. This is not an auction. This is an offer to purchase debt owed to customers of butterfly labs with the intention of accumulating a sufficient amount to justify legal action. In the interests of absolute transparency. I do not own any potion of butterfly labs I do have orders placed through butterfly labs. I do not believe my orders will be fulfilled. The cost for retainer for a lawyer capable of recovering my investment in butterfly labs in the countries in which their officers live/claim to live is larger than my current investment in butterfly labs, but still more than i would care to lose to what is obviously fraud. Jesus christ, only on BCT could somebody prepared to pay for something be called out as a scammer by somebody who is completely deserving of the tag. I am actually intrigued by what you are trying to pull off. It sounds like you are trying to buy defunct order at 10% the price...yet retain a 100% ?legal? order at 10% the cost. I have to say, it is a crazy maneuver to make a huge claim against them. I hope you have researched this extensively so you don't lose out. |
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Bruno and smoothie, don't you find it odd that, even as an obvious sock puppet, OP has spent his entire time on the forums bashing BFL, now only to want to buy in? Might that be interpreted by some as an attempt to spread FUD for profit?
Fuck me, right. I am both a company shill and detractor. Angry customer with sunk costs is completely out of the question. I must simultaneously be both the company and the competition. Prepared to scam people by paying them money. Serious Question, Are you Inaba trying to soak up some customers legitimate pre-order slots for pennies on the dollar? If you are, do you know something we don't know about the refund situaiton? |
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That is how I am making my BTC as well. I think the future may be moving away from mining and simply trading.
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A whole lot larger than a 4.5GH/s Jalapeno - where are the Jalapenos?
Everything looks a bit different now:  10kilowatts in a small confined space, a joke only. http://www.youtube.com/watch?v=ROrpKx3aIjAIdle vs Full Tilt. |
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All this Avalon promoting is great, but how many of you actually have an Avalon in your household?
? I do. You must be new here... |
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You can't compare the wattage on a BFL with an Avalon. An Avalon is a self-contained mining device. Add in the wattage for the laptop and the BFL is less efficient than an Avalon! ROFLMAO.
You are probably wrong in a couple of asumptions. For starters you can use something smaller than a laptop, eg. a Raspberry Pi. Secondly you only need the one to talk to the 5GHs, 25GHs, or 50Ghs products, at the high end power consumption the controlling computer becomes insignificant. That's not what the demo showed, now was it? They showed the power draw minus the computer, which is not a fair comparison to a complete Avalon. Details details. The "Tethered wattage" problem... ------------------------- I am sure the demo guy can just turn off the laptop and save a few watts in the calculation....er...wait.... 5.3 GH/s @ 36 watts + 20 watts for laptop = 10.6 watts/ghps
68 GH/s @ 620 watts = 9.1 watts/ghps
Efficiency: Avalon
5.3 GH/s @ $149 = $28/ghps
68 GH/s @ $1500 = $22/ghps
Price: Avalon
June 2012 -> May+++ 2013 = 11+++ months
Sep 2012 -> Apr 2013 = 7 months
Time to market: Avalon
Triple crown goes to: Avalon!
5.3 GH/s @ $149 = $28/ghps It actually costs $274. Triple crown goes to: Avalon!
Avalon > BFL perhaps, but BFL is in my budget and Avalon isn't even close.  Air costs less to produce. Substance is expensive. |
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Yeah, it seems with the increased power usage comes increased heat, so now what was supposed to be a coffee warmer needs to be actively cooled with fans, and gets put in a larger case.
And did you hear the fan/s in the video? I wonder what the larger 60 GH device will sound like. I was really looking forward to the silence that the ASICs were supposed to bring. Oh well.
"In 20 years people will learn that Josh was the first to invent sustainable Fusion reaction from super heating Coffee molecules. He will say in 10 years that you can have your latte hot and save the world from an energy crisis. It is a very famous speech...I assure you." --John Titor For those that don't know, the Butterfly Labs symbol is an envisioning of Josh's super collider experiments. [/Joke?] |
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Has anyone ever tried making Amazon EC2 instances that mine BitCoin/LiteCoin/NameCoin (Via virtual GPU or raw CPU mining)?
Yes If so, was it profitable?
No :-) Thanks, By the way, Stratum3 seems to have gone down just a minute ago. Number 2 is still alive. |
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AFAIK Amazon EC2 is practically unDDoSable, I recall a slashdot story from a year back, where some poor idiots tried to ddos amazon, and they failed. There was some fuss about it and their threats were "serious". But I don't remember the details. Perhaps you could google that.
Has anyone ever tried making Amazon EC2 instances that mine BitCoin/LiteCoin/NameCoin (Via virtual GPU or raw CPU mining)? I am just curious if it has ever been attempted. If so, was it profitable? If it was profitable, does Slush accept that kind of setup at his pool? |
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Finally!
I got my first BitInstant payment through Paypal. I hope the next time I use them it will be smooth sailing.
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Well,
They (BitInstant: Seth) sent me an email explaining that they had manually issued the funds to PayPal. Seth (from BitInstant) explained it would show up within 8 hours. So far, nothing is showing up after 8 hours.
I have already sent them an email a moment ago explaining that nothing is showing up. I also replied through their support ticket system. Anyone else have any success stories after contacting their support team on these missing funds? |
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Well,
They (BitInstant: Seth) sent me an email explaining that they had manually issued the funds to PayPal. Seth (from BitInstant) explained it would show up within 8 hours. So far, nothing is showing up after 8 hours.
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They are not silent at all - today they released a promotional video on their website.
They are also preparing several dev units and were able to up the performance of Luke-Jr's unit to 34 GH/s.
Just watched the vid... something seems fishy that all of a sudden they have a bunch of workers, when the reddit guy who did an unaccompanied tour didn't report many people actually working. While I am hear eager to receive what I ordered and prepaid 9 months ago, this is not the time to panic, nor is it a time to bitch and moan. If I want to hear bitching, I listen to my wife. If I want to hear moaning, I listen to "Bella", a trained professional.
In a nutshell: Good things come to those who wait.
I'm not bitchin, im not moanin. I've refrained from doing that for going on 9 months now. I've got a second month order that I'm waitin to receive. Sure hope the price figures out what it wants to do so that we can resume a somewhat steady mining setup. Just like British Petroleum after the oil spill. (BP for those that don't know) They used to intentionally build an atmosphere when reports were coming around. With someone shouting "Look Busy!" just as the reporters were about to get there. It is all an act and a show. (IMO) |
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I just send them a trouble ticket. Lets see how long it takes them to do what they said on their website. (Plus or minus 7 days.)
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They have renabled alot of payment systems just today. I am going to guess that their money has cleared and they have funds again. They have a new order form for this kind of issue: https://www.bitinstant.com/contactGo fill it out and report how long it takes them to respond. |
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