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Author Topic: Butterflylabs Huge SCAM  (Read 415624 times)
burek
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May 25, 2013, 12:08:19 AM
 #1541

For all those looking for a sure thing in bitcoin ASIC mining equipment, welcome to the world of venture investments Wink
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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xerxesdarius
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May 25, 2013, 12:12:21 AM
 #1542

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
kevindeangelis
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May 25, 2013, 12:19:14 AM
 #1543

hahaha, I just finished reading that post too. ... I wonder when those orders were placed.

Kouye
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May 25, 2013, 12:51:44 AM
 #1544

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Yeah, they shipped a couple Japthings, apparently.
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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May 25, 2013, 12:55:07 AM
 #1545

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?
No, because they're still - if you're lucky - spending that pre-order money to try and design it. And they will fail, of course.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
jml
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May 25, 2013, 12:57:10 AM
 #1546

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Yeah, they shipped a couple Japthings, apparently.
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?

If you mean the minirig, it has been downgraded to 500GH/s.

"Everything is a matter of degree"
NewLiberty
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May 25, 2013, 01:02:01 AM
 #1547

Would it be beneficial to mine on their own devices? Hell yes! More than just selling them.
No. It wouldn't. Thanks for discrediting yourself very early on.


Can you explain this "discredit" rather than just assert it?

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
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May 25, 2013, 01:05:59 AM
 #1548

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Yeah, they shipped a couple Japthings, apparently.
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?

If you mean the minirig, it has been downgraded to 500GH/s.

Exactly my point!
Since they guarantee you'll get the GH/S you ordered, it means:
- It'll take 3x more space
- It'll suck 3x more electricity (because that's the obvious reason why 1,5TH/S cannot be acheived with one unit)

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
csvn25
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May 25, 2013, 01:17:19 AM
 #1549

with the money of preorder ,BTF can buy many rig
ranlo
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May 25, 2013, 01:20:27 AM
 #1550

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Yeah, they shipped a couple Japthings, apparently.
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?

If you mean the minirig, it has been downgraded to 500GH/s.

Exactly my point!
Since they guarantee you'll get the GH/S you ordered, it means:
- It'll take 3x more space
- It'll suck 3x more electricity (because that's the obvious reason why 1,5TH/S cannot be acheived with one unit)


A bit lost. Are you saying that those who ordered the 1 TH/s one are getting 3x 500 GH/s ones instead?

4.5KW an hour doesn't seem too bad for that much speed (assuming 3x electricity at 1.5KW per).

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
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May 25, 2013, 01:30:49 AM
 #1551

Based on Josh's announcement of 5/23, they should be shipping units today.  Anyone know if they actually shipped anything?
Yeah, they shipped a couple Japthings, apparently.
Anyone got this 1,5TH/S minirig (with 1500W requirement), yet ?

If you mean the minirig, it has been downgraded to 500GH/s.

Exactly my point!
Since they guarantee you'll get the GH/S you ordered, it means:
- It'll take 3x more space
- It'll suck 3x more electricity (because that's the obvious reason why 1,5TH/S cannot be acheived with one unit)


A bit lost. Are you saying that those who ordered the 1 TH/s one are getting 3x 500 GH/s ones instead?

4.5KW an hour doesn't seem too bad for that much speed (assuming 3x electricity at 1.5KW per).

Might not sound too bad for you.
Just 300% more than what was advertised when you paid.

And if we stick to the JalaFailures, it'll be more around 7 or 800%

Unless you pre-order a lot more Singles, which might let their fake R&D team time and budget to design a few dodgy prototypes and feed them to noisy beleivers.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
edaikuan
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May 25, 2013, 01:35:18 AM
 #1552

How do you tell scams from good ideas?
Kouye
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May 25, 2013, 01:44:16 AM
 #1553

This is completely off-topic, but if you're familiar with scamming art, you can document all of your tricks in the scamming accusations forum, and it might end up sticky.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
leolte
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May 25, 2013, 02:02:22 AM
 #1554

And you kids will be the ones crying after everyone else is mining 1TH/s.
darkmule
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May 25, 2013, 02:05:38 AM
 #1555

And another two post shill account hits the bozo filter.
TheGovernedSelf
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May 25, 2013, 03:04:07 AM
 #1556

How do you tell scams from good ideas?


Scams can be a good idea which is never followed through.

A scammer keeps the money, a legitimate person returns it.
sleevedbiker
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May 25, 2013, 03:20:02 AM
 #1557

Apparently most people on this forum don't know the difference between opinion and fact. There are 0 facts and/or evidence to support a scam with this company or most of the companies people call scams on this forum. Without proof, it's not a fact or a statement. It's simply your opinion on the company and hearsay is not evidence to prove a scam.
ChaseD
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May 25, 2013, 03:22:27 AM
 #1558

Its obvious this is a huge scam. Huge hashing spike at their location too? weird...
tehelsper
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May 25, 2013, 03:25:56 AM
 #1559

I really think BFL will start shipping most products soon, but much slower than expected. They say next week potentially, but probably will be mid-June before stuff really starts rolling out.
sleevedbiker
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May 25, 2013, 04:51:40 AM
 #1560

Its obvious this is a huge scam. Huge hashing spike at their location too? weird...

Would you be willing to show your proof that shows this is a scam?
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