[FAILED]Butterfly Labs 30 day countdown to the end of September

[YipYip]

Where is PG ?

I think 48 hours under the spell of the slickest conman can turn anybody

This is an open letter to PG ..turn back from the dark side ..please I dont care how much barnwood they promised you !!

I am sure Sonny told you about his link to the dark underworld of the Amish barnbuilding mafia buts its all LIES !!

They only build barns as they never destroy them as its agaisnst the amish religion.... Stop and think about it PG..... i Know you are pineing (punn intended ) for your own wood pile 2 barn doors high..... but all good barnwood is only procured during the dead of night through honest hard barnwood theft work...

Look I may be able to find some slightly used & weathered cedar planks that you can have to tide you over until you come out from under the Sonny "Chainsaw" Vesiledes

Please PS we all miss you 

P.S You look like gandalf ..lolz

P.P.S I always knew you would look like Gandalf

[DrJoeGrine]

If this is true then wow. BFL is just plain disgusting. The allegation is that when a chargeback was issued BFL shipped orders out of sequence to prevent the chargeback.

http://www.reddit.com/r/Bitcoin/comments/1mch22/bfl_refund_success_sort_of_lol/

[BTCscraper]

19 days before their self-imposed deadline they go with a 3rd party.  They could have done that months ago on all their products and shipped everything to everyone.

Buuuut.... they didn't.

It seems they had supply chain problems previously (and refuse to admit it).  Now they probably have labor shortage problems.

If this is true then wow. BFL is just plain disgusting. The allegation is that when a chargeback was issued BFL shipped orders out of sequence to prevent the chargeback.

http://www.reddit.com/r/Bitcoin/comments/1mch22/bfl_refund_success_sort_of_lol/

No, nothing was shipped.  The order was tagged as shipped to try to prevent the chargeback from succeeding.  BFL believes it is inappropriate and outright immoral to have anyone jump the queue. 

[PuertoLibre]

Source: http://www.reddit.com/r/Bitcoin/comments/1mch22/bfl_refund_success_sort_of_lol/

@ BTCScrapper

Did you actually read the highlights? People are clearly claiming they received a miner out of queue!

[LostDutchman]

Source: http://www.reddit.com/r/Bitcoin/comments/1mch22/bfl_refund_success_sort_of_lol/

@ BTCScrapper

Did you actually read the highlights? People are clearly claiming they received a miner out of queue!

They have and http://bflfraud.com/ was the first to bring that sad fact to the attention of the mining community.

My $.02.

[frankenmint]

not for everybody...I initiated the chargeback and never got the shipping notification....but I did get my money back....hell I probably wouldve wanted the offer for the shipped miner instead...fuck bfl

[YipYip]

They have been holding all the products from the beginning but now that all producst are negative ROI its cheaper to ship u the pieces of shit that will never return your BTC/$$ back....

[joeventura]

Not that anyone cares but.....Fridays shipping updates

Jalapenos 4.5 and 5 gh/s: Feb 19, 2013   (5 days of shipping)

Little Singles 30 and 25 gh/s: Nov. 6, 2012 (Still on 11/6)

Singles 60 and 50 gh/s: Aug 30, 2012 pay date ( 6 days of shipping)

MiniRigs: August 15 (1st 500 g/s units), July 20 orders (2nd 500 gh/s) and
June 27 orders (3rd 500 gh/s unit)
We moved a lot of MiniRig orders this week by putting the boards in Singles cases instead of the MiniRig case for customers who have opted for this configuration. MiniRigs take longer to build than an equal number of Singles with the same boards.   This is a lot of days of Mini-Rigs shipped in Single form. Now if they could ship that volume of Singles boards to Singles customers.

16 days and hundreds of days of orders to go.

They now have to ship 20+ days of orders every day. By the end of Next week they will have to ship a month and a half of orders every day.

[ScaryHash]

16 days and hundreds of days of orders to go.

They now have to ship 20+ days of orders every day. By the end of Next week they will have to ship a month and a half of orders every day.

Getting out from the deep end is a bitch once you've dug yourself a hole.

Seriously this is comical, up to a point. They are just lying sacks of bantha poo at this point.

[Loredo]

For those who like milestones, today might well a couple.

The sustained network hash rate will likely be over 1 Petahash/s within the next 24 hours.

Difficulty should cross 100 million within the hour.

A jally, being less than 6-millionth of the network hash rate, should cross to earning less than its power consumption for many people in 0.12-0.15 per kwh electricity rate areas in the USA.  Incorrect.   See below.

[bcp19]

For those who like milestones, today might well a couple.

The sustained network hash rate will likely be over 1 Petahash/s within the next 24 hours.

Difficulty should cross 100 million within the hour.

A jally, being less than 6-millionth of the network hash rate, should cross to earning less than its power consumption for many people in 0.12-0.15 per kwh electricity rate areas in the USA.

5GH, 110 million difficulty, 30 watts power and $.15 power cost = .022860 BTC per day or $3.07.  30 watts * 24 hours = .720 kwhours or $.11 for a net profit of $2.96

[Inaba]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC). 

[candoo]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC).  

poor people in germany and europe pay 0.32 $ per kwh and you did forget the income taxes from bitcoin mining

[Loredo]

For those who like milestones, today might well a couple.

The sustained network hash rate will likely be over 1 Petahash/s within the next 24 hours.

Difficulty should cross 100 million within the hour.

A jally, being less than 6-millionth of the network hash rate, should cross to earning less than its power consumption for many people in 0.12-0.15 per kwh electricity rate areas in the USA.

5GH, 110 million difficulty, 30 watts power and $.15 power cost = .022860 BTC per day or $3.07.  30 watts * 24 hours = .720 kwhours or $.11 for a net profit of $2.96

I stand corrected.  I misread the Jally power consumption numbers.  It will remain power-consumption profitable for a good long time.

I've corrected my post.

[Loredo]

This is a bit off-topic, but something interesting is that icbit's Sep difficulty future didn't price over 100 million until Aug 24th.

I'm pretty sure the consensus on this forum was 100+ a lot earlier than that.  On the other hand, they're pricing mid-Dec at around 550 million. 

That's probably a little rich.

[joeventura]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC). 

Profitability clock does not start until the Postman delivers.  That is what the majority of your customers are waiting for.

Want to change the date again?

July 7th

April 30th

What's next?

[bcp19]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC). 

[PuertoLibre]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC).  

Profitability clock does not start until the Postman delivers.  That is what the majority of your customers are waiting for.

Want to change the date again?

July 7th

April 30th

What's next?

Don't mind him, his idea of profitability can be a negative ROI.

Most people wouldn't consider 1 or 2...or yes even 3 dollars a day to be profitable. They could probably go to a store pick up any pack of menthols and sell them on a street corner for 25cents a piece. Only then would they gather the quarters to get some clues and some common sense.

If at 100mil it is showing only 3 dollars a day in profitability...well...then it is no longer profitable. Period.

Edit: I mean sure, you could give your kids some lunch money at that point, but then you wouldn't have any profit to speak of...

[bcp19]

BCP, you are harshing the FUD and misinformation mellow that people like Loredo like to comfort themselves with.

For anyone with half a brain and second grade math skills, though, all BFL products are profitable to 900+ million difficulty at .15c KW/h @ $120/BTC.  If the price of BTC is above $120, it's profitable even higher.  Yes, at 900 million difficulty, profit margins would be ridiculously thin, but it's still within the profitability threshold that Loredo is trying to convince people is happening at 1/9th of the actual difficulty level (and remember, that's at $120/BTC). 

Profitability clock does not start until the Postman delivers.  That is what the majority of your customers are waiting for.

Want to change the date again?

July 7th

April 30th

What's next?

Don't mind him, his idea of profitability can be a negative ROI.

Most people wouldn't consider 1 or 2...or yes even 3 dollars a day to be profitable. They could probably go to a store pick up any pack of menthols and sell them on a street corner for 25cents a piece. Only then would they gather the quarters to get some clues and some common sense.

If at 100mil it is showing only 3 dollars a day in profitability...well...then it is no longer profitable. Period.

OMG... Did you just give away your whole business plan?  Now what are you going to do with all the competition?

[Loredo]

Well, I'll be darned.  I didn't take you for an xkcd kind of guy.  I would have thought, overall, that Randall Munroe was a little more snarky and ironic than would suit your taste.

I'm impressed.