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Question: Should Butterfly Labs give their customers a FREEEEEE "Monarch"?
YES!!! It's about time they bless their customers with something for freeee
NOPE!!! "FREE Water is All they will get" by Josh

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Author Topic: {BFL} Butterfly Labs giving their customers a FREEEEEE "Monarch"  (Read 5226 times)
Bicknellski
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February 05, 2014, 05:39:22 AM
Last edit: February 05, 2014, 08:24:22 AM by Bicknellski
 #21

There is no over the top in warning people off BFL if they consistently lie about their own deliver dates and over promise on their miners specs. At what point do you simply let people lie cheat and steal money from others? I suspect even though many are somewhat happy that BFL locks up some hash rate the reality is that BFL is not affecting hash rate any more. Antminer, knC , Asicminer and others are building farms behind the scenes so it is doubtful the people buying Monarchs today would have any appreciably impact in 6 to 12 months time when they get their units given the the factory mining farms are really what is driving the hash rate vertical. The issue isn't that they are helping make informed miners more profit but rather their predatory and less than ethical business practices are damaging some lives by taking food off people's table and it is worth making a big stink to draw attention to the fact they are purposefully misleading customers and not following FTC regulations and most likely selling untested product in the US that should be investigated by the appropriate state and federal authorities in the US and EC.

Bottomline BCP is not ethical enough to admit his Monarch was a horrible investment. I suspect he continues to shill for BFL in order to get rebates or has been given a deal for hashing power from BFL if he continues to lie for them about the Monarch or to basically slander and derail threads with ad hominem attacks. Ignore is too good for BFL shills. Really these threads save new members money. For every lie BCP or Inaba tells they are found out and someone reads it and they quickly decide not to buy BFL. Anyone saying they support BFL at this point is likely paid off to do so.

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February 05, 2014, 06:02:29 AM
 #22

Well, cointerra SAYS it will give the second rig for free.. lets see what really happens though. Because there is a huge difference between saying and doing  Wink
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February 05, 2014, 10:36:55 AM
 #23

There is no over the top in warning people off BFL if they consistently lie about their own deliver dates and over promise on their miners specs. At what point do you simply let people lie cheat and steal money from others? I suspect even though many are somewhat happy that BFL locks up some hash rate the reality is that BFL is not affecting hash rate any more. Antminer, knC , Asicminer and others are building farms behind the scenes so it is doubtful the people buying Monarchs today would have any appreciably impact in 6 to 12 months time when they get their units given the the factory mining farms are really what is driving the hash rate vertical. The issue isn't that they are helping make informed miners more profit but rather their predatory and less than ethical business practices are damaging some lives by taking food off people's table and it is worth making a big stink to draw attention to the fact they are purposefully misleading customers and not following FTC regulations and most likely selling untested product in the US that should be investigated by the appropriate state and federal authorities in the US and EC.

Bottomline BCP is not ethical enough to admit his Monarch was a horrible investment. I suspect he continues to shill for BFL in order to get rebates or has been given a deal for hashing power from BFL if he continues to lie for them about the Monarch or to basically slander and derail threads with ad hominem attacks. Ignore is too good for BFL shills. Really these threads save new members money. For every lie BCP or Inaba tells they are found out and someone reads it and they quickly decide not to buy BFL. Anyone saying they support BFL at this point is likely paid off to do so.
You wanna quote these lies I've told Bickski?  Yet again you are attributing to me things that have not happened.  You're the one who lies and evades things... Where's that $2800 in BTC you were going to buy?(Or should I say $1700 in BTC now...)  Oh, that's right, you bought $160 of FRC instead.  You couldn't even man up to a wager YOU put out there. 

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February 05, 2014, 05:05:15 PM
 #24

Very glad I bought $2500 of BTC instead of BFL (or other ASICs) in Feb of 2012. 50x return on the ones I sold so far.  Shocked
A little sad I bought $2500 of GPUs in Dec 2012. They generated a good return via Litecoin mining but no where near as good as buying BTC.  Cry

Soooooo glad I didn't buy BFL, I would have missed the bus and only gotten .15 BTC back for every 1 BTC lost.  Wink

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February 05, 2014, 05:59:50 PM
 #25

Very glad I bought $2500 of BTC instead of BFL (or other ASICs) in Feb of 2012. 50x return on the ones I sold so far.  Shocked
A little sad I bought $2500 of GPUs in Dec 2012. They generated a good return via Litecoin mining but no where near as good as buying BTC.  Cry

Soooooo glad I didn't buy BFL, I would have missed the bus and only gotten .15 BTC back for every 1 BTC lost.  Wink

Happy to hear you came up Smiley

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February 08, 2014, 12:07:15 AM
 #26

Well, cointerra SAYS it will give the second rig for free.. lets see what really happens though. Because there is a huge difference between saying and doing  Wink

True! the letter was sent out to first batch customer and its a legal document, Soooooo I don't think they will go back on their promise. But let see what happens next Huh

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February 08, 2014, 12:46:48 AM
 #27

Very glad I bought $2500 of BTC instead of BFL (or other ASICs) in Feb of 2012. 50x return on the ones I sold so far.  Shocked
A little sad I bought $2500 of GPUs in Dec 2012. They generated a good return via Litecoin mining but no where near as good as buying BTC.  Cry

Soooooo glad I didn't buy BFL, I would have missed the bus and only gotten .15 BTC back for every 1 BTC lost.  Wink

Happy to hear you came up Smiley

I had a late Jalapeno order (originally looked like september delivery, more like dec/jan) and cancelled it with paypal following some tips posted around these forums at the time.

full refund and I never looked back. poked my head in to look at the monarchs, then walked away laughing and shaking my head

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February 08, 2014, 12:49:37 AM
 #28

Very glad I bought $2500 of BTC instead of BFL (or other ASICs) in Feb of 2012. 50x return on the ones I sold so far.  Shocked
A little sad I bought $2500 of GPUs in Dec 2012. They generated a good return via Litecoin mining but no where near as good as buying BTC.  Cry

Soooooo glad I didn't buy BFL, I would have missed the bus and only gotten .15 BTC back for every 1 BTC lost.  Wink

Happy to hear you came up Smiley

I had a late Jalapeno order (originally looked like september delivery, more like dec/jan) and cancelled it with paypal following some tips posted around these forums at the time.

full refund and I never looked back. poked my head in to look at the monarchs, then walked away laughing and shaking my head

Good JOB!

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March 07, 2014, 07:39:52 PM
 #29

One more update from your boy Josh/Inabo:

 Grin

https://forums.butterflylabs.com/announcements/4414-monarch-information-2.html#post77863



Here the latest on what customer will receive Sad "ExtraSomething"...For their troubles?

WTWHAT!  Quote Originally Posted by BFL_Josh View Post

https://forums.butterflylabs.com/announcements/4414-monarch-information-2.html#post77863

Power & Performance better than expected
 The initial power consumption numbers for Monarch are in and they're about 20% better than anticipated, meaning we expect the Monarch to consume 0.45W/GH at the chip level. This translates to about 300W per 600GH at the wall. Chip performance of all systems is as good as or better than predicted. To put this in perspective, this makes the Monarch chip nearly twice as power efficient as compared to our 28nm competition whose products operate between 0.9 and 1.0w per GH at the wall.

Chip Delay
 The initial batch that we currently have in hand is not suitable to ship to customers. This is due to a problem in a top metal layer of the chip that prevents some engines from initializing when the chip is first powered on. (With ASIC design, there are a number of layers to a chip; most of those layers are in silicon, but the last few layers are in a special type of metal. Subsequent batches were held in wait just prior to the metal layers so that we could affect any necessary changes and proceed with chip production from that point, drastically reducing the time it takes to bring a new batch of chips to life.) The problem was positively identified and the fix is already in progress; however it will take approximately 5 weeks before we get packaged chips in hand, meaning the deployment of the Monarch will be delayed about 5 weeks from now. The specific date is still being determined, but I wanted to get an update out as soon as possible.

Refunds & Delay Compensation

 Because of the delay, we're offering several different forms of compensation that vary based on order pricing and order date:

$4680 600GH Monarchs

Free performance upgrades
 All customers who ordered 600GH Monarchs prior to the price decrease on November 28, 2013 will be upgraded to the Imperial Monarch product, which is a new, high performance version of the card. The Imperial Monarch will operate at 1 TH/s (+ / - 20%).

Six Month Refund or Double Shipment Guarantee
 If you’ve been waiting in queue for six months or more, you qualify for either a full refund in USD, OR double the hardware you ordered. This latter option will come in the form of (a) first shipping you the new Imperial Monarch, giving you an expected 160-175% of your ordered hashrate, and then (b) an additional Standard 600 GH Monarch at the end of the queue, giving you another 100% hashrate boost, totaling an expected 250+% of your ordered hashrate once all products have shipped. (Note: Electing the refund cancels the Imperial Monarch upgrade offer in the first section above.)

50% off Voucher
 If your paid order is less than 6 months old but you paid $4680 for your Monarch, you will instead receive an Imperial Monarch as described above, as well as a 50% off discount on an additional Standard Monarch at the end of the queue.

Full Price 300GH Monarchs
 For 300GH Monarch orders, similar but slightly different offers will be extended. Customers will be contacted with specifics via email soon.

Mining By the GigaHash
 If your Mining By the GH paid order is more than 6 months old, you will receive 2x the hashrate purchased.

Reduced Price Orders
 Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date.

. Details specific to each of the above order categories will be communicated to eligible customers via email in the next few days. We hope everyone will remain in the order queue and take delivery of these extremely power-efficient, super-fast miners. But, cognizant of the feedback of our earlier 65nm customers, for those qualified buyers who desire a refund we will gladly issue you one.

Refunds will be issued in 30 to 45 days from the date of request of refund. Refunds will be in USD.

If anyone is at the Texas Conference, please feel free to stop by our booth and talk with us.

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March 07, 2014, 10:37:24 PM
 #30

BFL gives you lots of things ....

Excuses
Abuse
Delays
Losses




I see humor is not your forte. Care to try again, but rearranging the list to at least spell out a word?

IAO Launchpad Coming Soon
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March 08, 2014, 12:56:26 AM
 #31

BFL gives you lots of things ....

Excuses
Abuse
Delays
Losses




I see humor is not your forte. Care to try again, but rearranging the list to at least spell out a word?
Delays
Excuses
Abuse
Losses

Cheesy

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March 08, 2014, 12:59:52 AM
 #32

Coindesk puts BFL on Blast LOL, check out the article concerning BFL's delays ! Sad

http://www.coindesk.com/butterfly-labs-28nm-monarch-delivery-delayed-four-weeks/

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March 08, 2014, 04:42:07 AM
Last edit: March 08, 2014, 05:01:48 AM by Bicknellski
 #33

0 + 0 = 0.

BFL math adds up perfectly.

Just be careful they don't start dividing zero because that is when they will ship you your Monarch on an "UNDEFINED" schedule.

https://www.facebook.com/sharer/sharer.php?u=http://knowyourmeme.com/videos/5525

BFL is getting ready to implode.


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March 08, 2014, 05:03:32 AM
 #34

Coindesk puts BFL on Blast LOL, check out the article concerning BFL's delays ! Sad

http://www.coindesk.com/butterfly-labs-28nm-monarch-delivery-delayed-four-weeks/


Quote
Ex BFL customer • 10 hours ago
KnC got their 28nm rigs out last year, now they are finalizing 20nm rigs...

BFL are now a dead duck in the race, I will never order from them again as they have proven themselves to be unreliable and now well behind in technology. Unless there is a massive rise in the value of BTC these customers will not be acheiving ROI with these rigs.

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March 14, 2014, 06:03:02 AM
 #35

a look at your monarch


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March 31, 2014, 05:52:49 AM
Last edit: March 31, 2014, 09:58:41 PM by LittleD
 #36

Trying to buy trust, untrustworthy behavior.
Bribes users for fake feedback, untrustworthy

Leave Negative feedback for these three accounts:

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https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch.html

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April 11, 2014, 08:11:13 PM
 #37



04-10-2014, 02:31 PM
"A) We have exactly 0 Monarchs that can hash.
 B) Since we have no A) we can't offer a hosting contract, since we don't have any hardware to offer such a contract... which is why we are doubling and in some cases almost tripling the hashrate of the people who've been waiting the longest."


Is this true Huh I don't think soooooooooooooooooooooooo!!!!!!!!!
https://forums.butterflylabs.com/monarch-discussion/8269-kncminer-compensation-vs-bfl-compensation.html

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April 12, 2014, 04:11:47 AM
 #38

If you want to get added to the class action go here I am sure the lawyers would be glad to read about the 2x and 3x they are promising fits right in with claims they made in the case filing. It is interesting that BFL is continuing to offer "pre-orders" and "promises" for future compensation instead of just refunding people.

http://www.woodlaw.com/cases/butterfly-labs-and-bf-labs-inc-bitcoin-miners


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April 28, 2014, 07:18:58 PM
 #39

WOW this guys (BFL) are really taking their time with the NOnarch,, Their going to have to give their customer extra GH/s again ....

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April 29, 2014, 01:48:59 AM
Last edit: April 29, 2014, 02:02:27 AM by Bicknellski
 #40

Time is relative.

February 2013 BFL starts work on 28nm chips***
March 2013
April 2013
May 2013
June 2013
July 2013
August 2013 News of BFL's 28nm chips hits the media
September 2013
October 2013
November 2013 - No Monarchs
December 2013 - No Monarchs

January 2014 - No Monarch
February 2014 - No Monarch
March 2014 - No Monarch
April 2014 - No Monarch
May 2014 - TBA

15 months and still no Monarch. The revised "B" chips are supposedly working. Given that they have not put a chip to board and shown anything remotely close to hashing we are still weeks or months yet to see the Monarch 28nm. Still you can't get an immediate refund as per FTC rules.

Quote
Butterfly Labs Tests Market Tolerance With 600 GH/s Pre-Order Announcement
August 19, 2013 by Phillip Archer

*** Interestingly, they claim to have been working on chip development for 6 months now, meaning there was significant overlap between the period they began 28nm design and were working fixing delays in their 65nm product.

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