The original timeline bait and switch is the most obvious stinking part of the dead dog that is BFL marketing and they continue to promote fantasy lost leader shipping, power and price details on their website. If you order today when can you expect shipping of a Monarch? They do not know. They can not say. That is critical to any miner today especially when the competition is shipping units that are 2x cheaper, the next day with shipping included, and you don't need a PSU, casing and other paraphernalia to get your miner working unlike the 28nm cards that BFL have yet to demonstrate to anyone.
Reality check time BCP:
August 21, 2013 -
http://www.prweb.com/releases/2013/8/prweb11035951.htm"The new chip has been in quiet development for the last six months."
- Jeff Ownby, Butterfly Labs VP of Marketing"Initial deliveries of the Monarch are slated to begin in December 2013."
- Jeff Ownby, Butterfly Labs VP of Marketing“If employed today, each device would mine approximately 6 bitcoins every 24 hours.
At the time of this writing, that's over $600 per day. However, it's important to point
out that mining difficulty & bitcoin prices change with great volatility. We can only
guarantee the performance specifications of our hardware, not the market value of
mining with it."
- Jeff Ownby, Butterfly Labs VP of MarketingNumber of actual BTC mined since projected December 2013 deliveries. ZERO.
What they really have trouble admitting is that they lied yet again about the 'deliveries'. What this actually means is that BFL has been working on a 28nm chip for well over 15 months, since February 2013. They clearly promoted the shipping as early as December 2013 and they made claims that given that their past experience was so extensive they would not be "delayed" again was the implied reference. The had learned their lessons. Well they learned little in fact what they learned is how continue to lie and cheat their customers with false and misleading information. The court cases of which there are many are certainly well written and anyone can read the complaints that are filed for all these arguments.
"We've learned a great deal with our first ASIC. After an initial delay, that processor
has been shipping in volume for the past few months and is now powering the majority
of the Bitcoin network. For this 28nm version, we were able to use our test bench data
to make major optimizations in both speed and efficiency that would otherwise not be
possible with a first generation design.Our deep involvement with the engineering team
from Global Foundries has further allowed us to maximize our design for their advanced
28 nanometer process."
- Butterfly Lab’s chief ASIC engineer John Cheng.
The BFL website makes no mention of when you can expect delivery of a Monarch if you order today. Given that their competition is shipping self-contained units that are 2 to 2.5 times cheaper and shipping in immediately means that anyone purchasing a BFL Monarch today is obviously not aware of either the competition has better products at cheaper price or the fact that BFL has NO working units after 15+ months of development.
No matter what BFL says at this point the Monarch is DEAD. It is way overpriced. It can't be delivered tomorrow nor will it every be delivered in 24 hours after purchase. Saying you have the most efficient chips means nothing if that chip is not on a proven design, hashing and able to be shipped to customers the same day it is purchased. BFL is out. The lies are systemic to the nature of this company. Josh Z. and Sonny V. are not the only people in this organization trying to promote unrealistic and fraudulent timelines. If they were serious about business they would have 100% immediate refund guarantee anytime the customers wanted it. As per FTC rules.
BFL_Josh wrote: on August 20, 2013.
"Yes, I would like to change it, but I have a sneaking suspicion if I have it changed now
people will pitch a fit about false advertising or something."
Something prophetic in that statement n'est pas? 6 months later and he is still "not changing" anything.
As they say in Korea.
돌다리도 두드려 보고 건너라.
More appropriately for the poor souls who actually bought a Monarch believing it would get delivered here is one just for you guys.
그림의 떡.
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