FFS, do you think your 1.36BTC warrant all the noise you are making here ?!
I am in GB2 for 34BTC and about to lose most of it, do you see me scream murder and death every hour here ?
Not at all, send me BTC1.36 and I will shut up. Update: Week later, no chips, no refund.
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I don't know if this has been done yet but I sent KCTV5 an email regarding BFL and their antics. Butterfly Labs, A company in Overland Park Has been taking money for ASIC Bitcoin Miners and not shipping most of them.
They have preorders from almost a year ago, paid in full, that have had refunds requested and ignored.
They are still promising a two month ship date on some of their products which is a blatant lie and violates FTC regulations.
Many of the people BFL has lied to/scammed is preparing to go forward with legal actions and It would be amazing if KCTV could start an investigation on BFL
Bitcoin is always in the media, but no one seems to be talking about the company blatantly breaking the law "selling" bitcoin mining hardware.
Thank you Response from KCTV5: What the hell is a ASIC Bitcoin Miner?? Try explaining it like you would to your mother.
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Josh has bragged about shipping over 20k units. They're no where near 100k units shipped. I recall it was months ago that I read that. 5 days ago. https://bitcointalk.org/index.php?topic=202792.msg3406192#msg3406192No matter how you look at it, the dollar count is staggering, and the gross profit margin would be close to 90%. As much as I would like to see otherwise, bankruptcy simply isnt gonna happen.
Quite true. P.S. quoting Josh in any thread is taken as "Here is a reference to a lie" and nothing more.
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Josh has bragged about shipping over 20k units. They're no where near 100k units shipped. I recall it was months ago that I read that. 5 days ago. https://bitcointalk.org/index.php?topic=202792.msg3406192#msg3406192No matter how you look at it, the dollar count is staggering, and the gross profit margin would be close to 90%. As much as I would like to see otherwise, bankruptcy simply isnt gonna happen.
Quite true. in Josh-Speak tm a mining device can be a single ASIC chip so a shipped single would be 16 mining devices.
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Well if the price go to $100 you will see everyone panic and sell again...
BTC was at $103 just 28 days ago, I remember because I bought a bunch!! Bwhahahahhahaha
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If you send them an email asking where you order is, they will place your order at the back of the que. No, I'm not kidding.
That's bullshit. Yes it is bullshit, because it's a false statement. Oh is that what bullshit means? Perhaps you reply TO YOUR CUSTOMER NUMB NUTS???
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After watching KNC ship their first batch, and after watching Bitfury ship their first batch, it is even more evident that something shady is going on at BFL. There are not enough people with downs syndrome on the planet to ascribe BFL's failures to incompetence. There has to be a parts crunch, and since BFL has known for a year how many parts they would need ahead of time, the only explanation for failing to have enough parts would be inability to pay for them up front. No bank would give them a factor loan given the parties involved.
So BFL orders some parts, assembles some product and ships it. Rinse, repeat. Did they get enough monarch pre-orders to build enough Jalapenos & Singles? Time will tell.
Someone just sent them a million dollars in BTC, so they are going to be around for a while Wild theory: They sold all mined coins by BitPay. Someone bought a million dollars worth of something from BFL and paid BitPay. Pay attention
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Oh when you said:
cedivad is gathering funs for legel action against HashFast
You meant:
Cedivad is gathering funds for legal action against HashFast
to which I say....
SERIOUSLY??
Let me find some BFL customers for you to speak to.
You don't know what LATE is.
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After watching KNC ship their first batch, and after watching Bitfury ship their first batch, it is even more evident that something shady is going on at BFL. There are not enough people with downs syndrome on the planet to ascribe BFL's failures to incompetence. There has to be a parts crunch, and since BFL has known for a year how many parts they would need ahead of time, the only explanation for failing to have enough parts would be inability to pay for them up front. No bank would give them a factor loan given the parties involved.
So BFL orders some parts, assembles some product and ships it. Rinse, repeat. Did they get enough monarch pre-orders to build enough Jalapenos & Singles? Time will tell.
Someone just sent them a million dollars in BTC, so they are going to be around for a while
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FWIW.
I sent the following email message to kncminer:
Hello,
I would like to purchase upgrade modules for my Mercury. Is this currently possible?
thanks, Dave
KNC Reply:
Hi, We are still discussing the sale of upgrade modules, but we are not able to offer this at the moment. As soon as the decisions and details have been finalized we will update our website with any news. Thanks Emilia
The problem is the longer they take to decide will not have any bearing on what the cost is when they finally do decide. I have a Saturn, if I can't buy 2 more modules at a reasonable price soon, then KNC is not an option for me anymore
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Monday, October 28, 2013 Shipping Update
Jalapenos 5 gh/s: April 11, 2013 2 days progress
Little Singles 30 and 25 gh/s: March 26, 2013 5 days progress
Singles 60 and 50 gh/s: March 29, 2013 pay date Dead stop
MiniRigs: April 1 (1st 500 gh/s), March 25 (2nd 500 gh/s) March 18 (3rd 500 gh/s) and All June 2012-Feb 2013 MiniRig orders complete. Dead Stop
Now remember Jody said all assemblers, basically everyone who isn't accounting etc works 7 days a week
Strangely the progress from Friday to Monday is no better than the progress from Thursday to Friday.
Consistently abysmal.
April pre-orders should be cleared by August September October November
Two more days to November and some products lines still in MARCH!!
Josh says he makes predictions on the info he has at the time. Well when he makes these predictions he must be in a porta-john, tied up and blindfolded because they are SHIT!
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3 Terahash away from the big "P"!!
Go BTCGUILD!!!
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tldr: Pay $200/a generic deposit on a credit card. Just have to auth it, dont even need to take it.
They send you new chip. You send back. They cancel auth.
If you don't send chip in, they take the payment.
I would say that replacing the generic deposit with a bitcoin deposit would be another way. There is zero risk for KNC. Perhaps put down a retainer of 4-5 BTC per module, and once the RMA module has been shipped back the BTC deposit should be refunded. If they did this, I think people with Saturns and Mercurys would scam them to jump the queue and get extra modules unless Knc charged an exorbitant amount for failure to ship modules back. That's where a repair depot would be helpful. They would require a BTC deposit equal to the full cost of the module and they would be fully refunded once the module was returned. This isn't going to happen either way
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So I am a first batch KnC customer who just got my Mercury at the end of last week. After some initial difficulties upgrading to the latest firmware etc. I got some help from Henrik from ORSoC in IRC, he ssh'd into my machine changed a bunch of settings and got it hashing at ~100gh/s. Reason being that 1/4 of my chip is dead due to a hardware issue. Glancing over the KnC forums I can see that I am far from alone having a defective chip and want to know how to go about getting it replaced. Henrik from ORSoC mentioned that i will need to return my chip for replacement.
Obviously I have no interest in sending the chip back to Sweden before they can send me back another one, as even the 100 gh/s my miner can do is much better than the 0 I will get as soon as i send it out. I wanted to post here to see if there is anyway we can try to get KnC Miner to do some sort of advanced RMA program. They've no doubt proven themselves for their hardware, and ability to keep promises (at least significantly better than every company in the field with the exception of ASICMINER) and hardware issues aside I have had a fantastic customer experience with KnC. I'd like to see if we can propose some sort of advanced RMA program, where a neutral forum member will hold escrowed BTC funds between KnC's customers and KnC, so that KnC can safely send out replacement chips to customers with defective units, without fear that the customer will run off with both chips.
This is something I think would be greatly beneficial to all customers who have been affected by hardware defects, and still not place any undue costs on KnC for the advanced replacement of chips. let me know if there is any support for this sort of program around here, I'm sure will enough support something like this could happen.
I offered to run a repair depot for KNC in the United States, I know my offer made it to them but they have not replied. That was 2 weeks ago.
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What's the highest consistent hash rate people have achieved on Mercury/Saturn/Jupiter?
Respond with your model/hash rate/Firmware
Feel free to add commentary on anything else you think boosted your rate
Mine:
Saturn/279/0.95
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Just gonna put this out there, any jupiter or saturn owners want to sell me one of their hashing boards? i have a mercury and want to turn it into a saturn. some quick cash for you! give me a shout!
HAaaaaa....Yeah!...I'm lookin' at my sats, wanting boards now toooooooo! Wouldn't it be nice if we could get a couple of reasonably priced (considering delays and loss of BTC waiting for slow shipments) so we could turn Saturns to Jupiters. Sadly don't see any of that happening, nor do I see Sam compensating people who STILL are waiting for miners.
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April to October is 7 months in my book. If they don't get all their product lines to April 1st in 4 days they are 7 months behind.
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Beautiful hub with nothing of value to plug into it sadly
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Friday wasn't much better
Friday, October 25, 2013 Shipping Update
Jalapenos 4.5 and 5 gh/s: April 9, 2013 Moved one day
Little Singles 30 and 25 gh/s: March 21, 2013 Moved 6 days
Singles 60 and 50 gh/s: March 29, 2013 pay date One day
MiniRigs: April 1 (1st 500 gh/s), March 25 (2nd 500 gh/s) March 18 (3rd 500 gh/s) and All June 2012-Feb 2013 MiniRig orders complete. Dead stop
Still 42 pay dates to go to get April cleared up
At current rate they are still on track for Mid November to clear April 2013
Maintaining their "6 - 7 months behind"
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BFL always charges between 200% to 1000% percent markup on shipping.
For the U.S. a box that costs them $12.85 to ship, they charge $34
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