Butterfly Labs Hosted Mining?

[samaney]

What do you all think about Butterfly Labs hosted mining? This happens on their server - is this a good investment?

[philipma1957]

no please go here to invest


https://bitcointalk.org/index.php?topic=335145.0


I have shares in many of their buys.   here is the bottom line on BFL   they are never on time.  


 the deal above I linked you to  is 40gh for 110 usd  sometime in feb of 2014  butterfly labs is $10.83 a gh


or 40 gh for  433.20 usd.     so lets see. dz coop has had r5, r6, r9 ,r10 ,r11 ,r12  all make money on time


https://bitcointalk.org/index.php?topic=328996.0

 the r9-r12 thread link  I have   11 shares or so. in r9-r12


https://bitcointalk.org/index.php?topic=334360.0

  the r5-r6 thread i have 19 shares in it.

[realitycheck]

Never on time, but the kit is ok.

Might be better off considering CEX.

[Syke]

What do you all think about Butterfly Labs hosted mining? This happens on their server - is this a good investment?

Why would you even consider it? You pay up front, with no guarantee when it will actually start hashing. It's a big waste of your money!

[Roobotics]

I just have a strong feeling they will be hashing with the hardware and only turning over it's power to the leasers when their money makes more than the hashing power is worth. just my 2 cents as they've shown they like to do 'burn in testing' for quite an extensive time.

[Blackswan122]

What do you all think about Butterfly Labs hosted mining? This happens on their server - is this a good investment?

Well I exchanged two orders from BFL into Hosted mining 167GH of it. Then the BTC was a mere $200...lol now $800...It seemed like an ok idea then as the 37GH that I would have got would soon be obsolete. I think it is possible to make money now if they deliver in Jan or Feb...but they haven't got a good track record on keeping delivery dates. The Monarch should however be easier to produce...No case no PSU etc. So I'm hoping it will be the first time they get their act together. I still trust the company and they do seem to be serious. I now mine with CEX at around $65/gh! But at least there you can sell it at anytime. The idea is very good as I mine Peercoin with my rig and Bitcoin on CEX....This link is a referral link to their website.   Click here to see for yourself! I currently have 2.55gh and climbing as I auto reinvest my BTC earnings. It is an alternative to waiting and waiting.

[rammy2k2]

What do you all think about Butterfly Labs hosted mining? This happens on their server - is this a good investment?

BFL is a scam, if u want to loose money, go with them

[zimmah]

What do you all think about Butterfly Labs hosted mining? This happens on their server - is this a good investment?

BFL is a scam, if u want to loose money, go with them

they're not a scam per se, they do eventually deliver, although several months later than they promise.