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Author Topic: BFL - Change your never to arrive order to "Mining by the GH" (Hosted)  (Read 3512 times)
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October 12, 2013, 04:53:55 PM
#1

Not sure if anyone noticed it but you can change your order at Butterfly Labs (for free) to "Mining by the GH". Jan/Feb start date. (I know, don't say it.  Cheesy )
https://products.butterflylabs.com/homepage-new-products/1-gh-cloud-hosted-bitcoin-hashing-power.html
You can essentially transfer the value of your order to hosted Mining at the rate of $10.83 per GH. (No fee)

This is about $1 more per Gh than their 300Ghash/s card and $2 more per GH than their 600Ghash/s card.

I know there are better prices out there, but if you are trapped in your order it might be better to take a chance here. Depending on your shipping fee, perhaps to have 8X the GHash/s for the same price hosted.
This is also a savings for others who are out of the US as you won't have to pay any customs.
E.g. - For me, it is just over 450 bucks shipped to Europe (plus another 100 in customs, so say 550 total for a 7Ghash/s Jalapeno) or 42 or so Ghash/S hosted. I'll take that chance.

Just an idea and curious on what you all think,
IAS

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vpasic
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October 12, 2013, 08:14:22 PM
#2

Not good!
http://mining.thegenesisblock.com/a/3d3c9aecaa

So bad even if they start in january.
Well you'r screwed either way!
With your Jally you can always try to mine some other sha256 altcoins.
I have 60gh single order from May 12 and I'll stick to that!

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October 12, 2013, 08:41:50 PM
#3

Not good!
http://mining.thegenesisblock.com/a/3d3c9aecaa

So bad even if they start in january.
Well you'r screwed either way!
With your Jally you can always try to mine some other sha256 altcoins.
I have 60gh single order from May 12 and I'll stick to that!


Yes, screwed either way.  Cry

But, at least now I don't have to go to customs and pay more money.
My bet is February or March on hashing.
BTC still pays better than the other coins to mine. I just checked.

The next hope is that BFL will up the hashing as I just don't see them selling much due to their pricing and huge loss of customers from the ongoing debacle.

IAS

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 12, 2013, 08:52:21 PM
#4

Hello

I'm stuck with same Jalapeno 7GHs for europe

I don't find the option to convert for hosted mining, where is it?

(after seeing genesys block simulation, I will hope to resell it with less loss)
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October 12, 2013, 08:55:52 PM
#5

Hello

I'm stuck with same Jalapeno 7GHs for europe

I don't find the option to convert for hosted mining, where is it?

I forget exactly but it was easy to find in my account. Just click on your order and there should be an upgrade and transfer option. Click upgrade, if memory serves me, and it should be the bottom of 3 options.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 12, 2013, 09:13:37 PM
#6

Ok, I saw it

But it's unclear if you pay the 10% fee, because they appears on the screen. I will let it like that and see if custom ask me to pay taxes or not.

42 gh in february is almost the same as 7 in decembre...



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October 13, 2013, 09:18:08 AM
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BTC still pays better but what will happen in about month or two from now??
IMHO it is better to pay custom and have your own device, especially if you are dealing with BFL.

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October 13, 2013, 11:25:58 AM
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BTC still pays better but what will happen in about month or two from now??
IMHO it is better to pay custom and have your own device, especially if you are dealing with BFL.

Guess it depends on which miner you ordered. BFL said they outsourced production of the Jalapeno's. But right at that time Jalapeno production went to a stand still and the other miners "suddenly" started to increase. I think BFL is and was lying and they just shifted focus. Perhaps they increase Jalapeno production again - just watch if it happens when the other miners catch up to the same date (Now mid March).

The thing with customs is, if your Jalapeno arrives in December or later (which is looking likely for many), your customs tax (100 Euro on a 7Ghash Jally) will be worth more than the Jally will.

The better risk, but still shitty, is going with the Mining BY The GH.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 13, 2013, 01:56:11 PM
#9

I prefer to receive it and keep it in unopened box, like starwars goodies

And I will have something to remind me for what I was fucked in the ass.
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October 13, 2013, 02:13:51 PM
#10

I prefer to receive it and keep it in unopened box, like starwars goodies

And I will have something to remind me for what I was fucked in the ass.


+1

LOL

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October 13, 2013, 04:58:40 PM
#11

I prefer to receive it and keep it in unopened box, like starwars goodies

And I will have something to remind me for what I was fucked in the ass.

LOL, Classic

And I would be lying if the thought hadn't cross my mind.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 14, 2013, 07:18:25 AM
#12

STOP posting about stupid BFL ponzi schemes on this forum  Angry
Zeek_W
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October 14, 2013, 02:02:42 PM
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STOP posting about stupid BFL ponzi schemes on this forum  Angry

I would love a BFL filter for forum thread titles.

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October 14, 2013, 04:33:43 PM
#14

STOP posting about stupid BFL ponzi schemes on this forum  Angry

I would love a BFL filter for forum thread titles.

And what about those of us (probably many many people or is that "suckers" that bought from them)? Or is it a painful reminder?

Should we be penalized (more) cause you don't want to hear about them?  Shocked

This thread was started as a help and not to complain or the like so I don't see the bitching. It might save someone (like me) at least the customs tax.
I mean I understand the pain associated with it though.  Grin

IAS

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 14, 2013, 06:15:39 PM
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There seems to be one big unknown factor that makes determining if switching to hosted mining is a better deal: how high will the difficulty get before it finally starts to level out?

Currently, it's going at ~100% per month, but at that sustained rate you'd be looking at a 2 TRILLION difficulty by December of next year.  I don't think it's physically possible to churn out that much hardware to make it happen.

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October 14, 2013, 07:55:24 PM
#16

Why anyone would want to continue supporting these Belligerent Fools at Life is beyond me.

Just let them go bankrupt already if they don't get arrested and sued first.

If you care about Bitcoin, you should care enough not to support these corrupt clowns.

Life is too short to reward their behavior.
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October 14, 2013, 08:09:00 PM
#17

Why anyone would want to continue supporting these Belligerent Fools at Life is beyond me.

Just let them go bankrupt already if they don't get arrested and sued first.

If you care about Bitcoin, you should care enough not to support these corrupt clowns.

Life is too short to reward their behavior.


What are you talking about? If someone placed an order last year or months ago and wants to change to "Mining by the GH" then what is the problem? Is changing an order (without giving any more money) really supporting them?

Especially if this helps them to profit a little more than otherwise, or again, like me - avoid Customs taxes - which is getting to be worth more than the miner.

The pain must run deep...

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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October 14, 2013, 08:24:52 PM
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Well if BFL really does host the cards there still probably gonna scrape a bit of bitcoin off the top of everyones mining contract
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October 14, 2013, 08:26:18 PM
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Why anyone would want to continue supporting these Belligerent Fools at Life is beyond me.

Just let them go bankrupt already if they don't get arrested and sued first.

If you care about Bitcoin, you should care enough not to support these corrupt clowns.

Life is too short to reward their behavior.


What are you talking about? If someone placed an order last year or months ago and wants to change to "Mining by the GH" then what is the problem? Is changing an order (without giving any more money) really supporting them?

Especially if this helps them to profit a little more than otherwise, or again, like me - avoid Customs taxes - which is getting to be worth more than the miner.

The pain must run deep...

 The delusions must run deep...

 Do whatever you want dude, but don't ignore the wisdom of these forums.
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October 15, 2013, 12:31:02 AM
#20

soon there will be late night infomercials not to feed the hungry in africa, but to send a quarter to BFL refugees

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