I am suprised...

no need to fact check my opinion is there?

Given the dirt bag did this to me I feel it is fair to speculate wildly about what the FBI might find when they look into his operations. Unlike Josh I have been bonded and can be bonded in Canada, and is likely a matter of public record but I will leave that up to you check out from the OPP database in Toronto.

https://bitcointalk.org/index.php?topic=278844.msg3012552#msg3012552


I suspect I am not the only one he has slandered in the forums. Might want to have a longer look at your hero there Goat.

It never ceases to amaze me how many simple facts can add up to the reality of BFL being one if not the most shady company in the bitcoin world. Ethical companies do not behave this way.

Some even drag it out unnecessarily long and refuse to give refunds. Amazing right? (Need to get my dig in the guy deserves it)


When you ask where are the new Custom Hardware vendors... do you mean chips and rigs or would those producing units with others chips count?

I think there a plenty of people keen on developing "new" systems but given that the cost of developing a chip is pretty substantial and time consuming has probably put a huge damper on newer vendors because of difficulty rising sharply and the actual demand for miners will taper off if it hasn't already. What doesn't help are companies like BFL and Avalon that have pretty much soured the market and thrown up huge hurdles even for the most well intentioned company but I would say the economics are not there. Look at Black Arrow and their chip rig combo "pre-selling" at the lowest rate $/gh but given their time to market it will likely not be oversold like an Avalon or BFL offering because their really is no guarantees now to earn back your investment.

To be honest there are quite a few people at the margins as well looking to revive the DIY push that BKKCoins, Alten, Burnin all started with their DIY Avalons unfortunately Avalon failed to deliver and that I think has left many questioning the trust of chip fabricators. I suspect that DIY will push through and continue developing units even with exponential difficulty some people are keen on this as a hobby, even though it is an expensive hobby. There are plenty of people willing to keep even pushing the Avalon Gen I Klondikes just get those boards going. If you are looking for newer vendors I don't see where simply designing ASICs is going to be profitable for anyone for the foreseeable future. I suspect several companies will collapse and fail to produce a second or third generation of miner at this stage. Some of these companies really should disappear as they are literally dragging the marketplace down with their ineffectual shipping and refusal to follow fair and reasonable trade practices. With them gone it might put some needed trust back in the community and free up space for better companies in the future.

I would ask you what is wrong with KnC, HashFast, Cointerra, and Black Arrow? Are they not new enough? Different in their offerings? Better at customer services and shipping on time in the case of KnC, are they not?

Nice... polite price war... sweet.

Haters going to hate (I read that in a BFL thread somewhere)

Laughable.

I reckon they mined with every one of those 10,000 units and shipped them late on purpose to reap the bitcoin and even now they are still 6 months behind. I bet you start seeing a flood of units flying out the door as soon as they become too costly to earn. That is what I reckon happened and it would nice to see the AG in KS take them to task. Fingers crossed BFL gets dragged to court.

They shipped how many units late? All of them were late.
They shipped how many units to spec? All of them were under spec.
They still have to ship how many units? 6 Months worth.
They still have to tape out the Monarch chip? 2 months late already.

Ya I am the one being the troll.

1000 shipped just recently... woah wait... did you want quantity in April or October I am confused?

Hope to see a few more at the meeting tonite.

18 members on the Zoho Project so far please feel free to join us.

Funny how BFL fails to follow FTC regulations. At some point it won't require a lawsuit.

I am pretty confident that Beastly and the boys running the BlueFury's will get the units shipped as fast as humanly possible to the resellers... here is hoping people will have a little more patience while this gets sorted having worked with them before their first concern is making sure they do whatever is required to get them out to you all and if they have said compensation is coming trust me they will get that to you as soon as the shipping is complete. You are dealing with straightforward and honest people and they will rectify this.

1000 units? Evidence?

Tape out / design for Monarch Chip? Evidence?

Refunds? People are waiting given they have a legal right you should be providing REFUNDS.

Unreliable. Do not buy from BFL.


Seriously I wonder at what point in time does the AG in KS determine what BFL is doing is fraud?

Reliable?

Interesting is that based on your rig alone or actual stats from those that finally received units nearly a year late?

Like BFL and Avalon?

So let us see he is proud of the fact he is DELIVERING a product.

Delivering and backlogged 6 months and most if not alll deliveries were late by not days, weeks but multiple months, based on his personal statements about the dates anticipated for delivery, and to a degree that is going to leave many unable to recovery their initial investment.

BFL is definitely not a reliable company. Inaba yet again making statements without EVIDENCE to support it.


1. When will the Monarch chip tape out be completed? (2 months or more late or not at all)
2. How many units have you delivered late based on your promises? (100% of the units were late)
3. Why do you not REFUND people who ask based on FTC requirements? (Lack of integrity)
4. Evidence to support your claims for production? (None)

At this point Inaba has 0 credibility and given what has happened BFL is really at this point the must unreliable company producing and delay shipping miners in this community. Effectively anyone who doesn't know what BFL has failed to provide should be told point blank DO NOT BUY FROM BFL. There are 100's of complaints at this point and that only means that BFL as a company is woefully inept to get that much negative feedback. Just avoid BFL they are unreliable.

You are most welcome. Good luck filing hope it goes well.

KS.

"Cough desperation COUGH!"

6 months behind shipping in October 2013... O U C H!

There is a stench... BFL products dying before they ship.

Pretty. Nice work BlueFury!

Psst! Big Picture Mining Cooperative doesn't exist at this point in time. I wish people would simply refer to the units sold. BlueFury all you need to say or the person shipping to you.

Even bigger bump.