Hi guys,

Did any1 achieved anything by informing agencies about blackarrow's scam ?

Best regards,

July 31 came and went, despite BA's promise that all X-3 orders would "be completed by the end of the month". 

The worst part is not the delay, it's that I've never seen a company, not only blatantly lie, but then with a completely straight face tell the world that

Unbelievable.  In my so many years, I've never seen a company lie like this.  I get that sometimes things get screwed up and shit happens.  But ... when you blatantly lie, your credibility is 100% out of the window.  Noone will ever believe you again.  Ever.  Is it that in China when parents raise children they teach them that lying is ok?  Or is it just the parent's of the owners of BA never taught them about lying?  Are the parents of BA owners totally and utterly ashamed of themselves for raising such losers in life?

U.n.b.e.l.i.e.v.a.b.l.e.... 

Of course, there hasn't been a single deadline BA hasn't missed in this whole endeavour.

Check https://bitcointalk.org/index.php?topic=681965.20 for the legal proceedings in the near future, so far I've done the preliminary paperwork and sorted most of the financial stuff (legal insurance etc), next week I'll continue to meet with my legal council to discuss various aspects like joining up with Pentax and others to form a class action lawsuit against BA. Depending on how that goes I'll continue to confer with Pentax and see where that gets us, the planned course of action would be to hire a lawyer in HK together, to file the preliminary court papers and go from there. I'm still not 100% sure on jurisdiction, with the 1 country 2 systems policy, but that's one of the first points that I'll clear up next week. There might be a remote possibility that we'll be able to file in HK (place of registration/incorporation) as well as mainland PRC (place of business). Due to the fact that Merlion Holdings Ltd. with it's seat on the British Virgin Islands is the main controlling body of Black Arrow, there could even be a slight possibility to try our luck in front of european, respectively UK courts.

Other points include filing for personal liability of BA's management due to gross negligence and possibly having my legal council contact Interpol with details on the whole Mr. Sovu issue, both in this matter and the past shenannigans in Romania, as mentioned earlier. I'll keep people posted, albeit in the thread I linked above.

I will have a large amount of capacity available come September First in  our new Oregon Facility, and even with the higher power consumption I will honor my previous price of $299/month, no time minimum, no other fees. Knowledgeable staff with the ability to receive vial pallet for cheaper shipping directly from Spondooli. They have successfully shipped ~120 SP10s to us via pallet without a problem.

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I think July batch was no more than 100 units.

August was roughly 1000 units total.

So as a creditor, I guess I can no longer opt to convert the amount owed to chips?

You should take note that Bitfury uses customer funds to build mega farms and screw their customers ROI.

What about this beast?



This is exactly what a 3KW miner should look like. Spondoolies should take notes.

Why not add the prices too? Neptune was sold for over 3$/Gh while the SP30 was sold for less than 1$/Gh. The B3 Neptune is still selling for 1.7$/Gh so I wouldn't call the availability close to the same.

With the money spent on a B1 Neptune I could buy 2.5 SP30s for a whooping 11.25Th/s. Ok even if I can't split the SP30 in 2 I would still get 9Th/s and still have some money left in my pocket than getting a 3.5Th/s burning monster.

My SP30 is already visible at eligius:

@ bitcoinoperatedboy

offtopic, please post in bitmine or return calculation thread

@general

Hosting for miners is typically in the 80-120$/kW/m range, so you shouldn´t get quoted more than 360$/m except on very short term contracts.

Here is the updated Hardware comparison chart/document.



Below is the link to the shared document that gives examples of hardware speculative returns factoring 10% and 20% network difficulty increase.

NOTE: If network difficulty stays below 20% then the document will be revised to 10% and 5% estimate results.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing

Any estimate for the Group Buy from Roadstress? Days, Weeks, end of August?

We are handling todays shipping and then we connect machines that left here.
Same tomorrow.

Seeing as BlackArrow have decided we're worthy of a audience with them again I would also like to voice my total and utter dissatisfaction with their shockingly poor service. The management oversight is appalling. No other business in any civilized part of the world, including the east, would get away with behavior and performance as poor as black arrow.

Accepting the chip exchange is not exactly a fair deal, but perhaps the only way to ensure you actually get anything - as you still have to pay for assembly costs, power supply, shipping from assemblers etc (WHICH WE'VE ALREADY PAID ONCE TO BLACK ARROW). Remember, the chip exchange is not a favour to us, even 6x in bare chips is barely equivalent to having received what we ordered under the assurance it would be delivered in Feb. 6x doesn't even being to touch all the other considerations, like the additional energy now required to mine the same BTC, or the additional costs of manufacturing we have to now pay again to others. Meanwhile Black Arrow said the chip-exchange removes any entitlement to compensation and also refuse to refund any portion of the shipping cost paid as part of the order, despite the fact that shipping chips is obviously considerably cheaper than individually shipping real working miners. You've under-delivered and under performed, we've funded your incompetency. You've dishonorably misled us and left us out of pocket. You claim our funds are with GlobalFoundries, even though I can still see my BTC sitting idle in the account I sent it to. Refunding an element of the carriage cost for the chip exchange is an absolute bare minimum you should do, and this would only be a starting point.

You need to man-up and make things right with us, your customers.

I've said it before and I'll say it again - I can't get over this hypocrisy: "Black Arrow is not an investment or insurance company and cannot accept to be taken advantage of", and I would like to remind you that neither are we, and we're definitely feeling taken advantage of now which is something we, like yourselves, cannot accept. It's neither reasonable nor fair play to stand on a box and say you won't be 'taken advantage of' but then turn around and take advantage of us as customers when you failed deliver at every point so far.

And don't even get me started on even outright lying to us all about being schedule for Feb delivery as close as two weeks before your first delay.

Same here, I saw your post and tried to login and sure enough, same result.

Is anyone able to login to the support site, or is this another one of their clearly above-board legitimate-business punitive measures?

The lost password function fails to send an email out, which I think opens up the possibility that they just deleted the support account entirely.