1GH/s, 20w, $500 — Butterflylabs, is it a scam?

[Ad]

 If I remember correctly, the Rep. from Butterflylabs was to send a unit to one of us
to be checked out and see how well it works.
 At this point that has not happened. This does not bode well for Butterflylabs.

[DeathAndTaxes]

If I remember correctly, the Rep. from Butterflylabs was to send a unit to one of us
to be checked out and see how well it works.
 At this point that has not happened. This does not bode well for Butterflylabs.

It may have gotten some people to say "well that good I should pre-order".  Their website has a strong call to action.  Pre-order only 100 units available.

WAIT WHAT IF I WAIT AND DON'T GET ONE OF 100 UNITS??? ON NOES I BETTER GET THAT CREDIT CARD NOW.

Of course no unit will show up.  Maybe they return saying unit is coming soon.  Maybe even line up the testers and get their addresses.  It will be just to buy time.  >60 days you have no option to chargeback.  I am sure the pre-orders will "ship" shortly after that window closes.  The website will disapear and the bank account funds were deposited to by CC will be closed.

[wormbog]

It may have gotten some people to say "well that good I should pre-order".  Their website has a strong call to action.  Pre-order only 100 units available.

WAIT WHAT IF I WAIT AND DON'T GET ONE OF 100 UNITS??? ON NOES I BETTER GET THAT CREDIT CARD NOW.

Of course no unit will show up.  Maybe they return saying unit is coming soon.  Maybe even line up the testers and get their addresses.  It will be just to buy time.  >60 days you have no option to chargeback.  I am sure the pre-orders will "ship" shortly after that window closes.  The website will disapear and the bank account funds were deposited to by CC will be closed.

This is EXACTLY what's going to happen. And those of you currently sitting on paid pre-orders hoping for the best will have a single tear glistening in the corner of your eye, lower lip quivering as you mutter "I should have listened to wormbog and DeathAndTaxes. Those guys are so awesome. WHY DINT I LISTEN??!!!?!??!!11!!eleven"

[Digigami]

popcorn time..

[bulanula]

Obvious scam is obvious. Let us move on. Shame on you Butterfly labs. The last thing we need here is more damn scammers. Great !

[BFL]

Hi guys,

Thanks for all your insightful comments. 

Although we have concluded it's best to allow this thread to continue on it's own course, I know there are readers among you interested in an update, so I thought I'd post a link to our last production blog update. 

http://butterflylabs.com/november-production-update/



Also...   In roughly two weeks, we will be ready to schedule an open viewing and live product demonstration here in Kansas City.  I would also like to remind everyone that we have an existing offer to send a sample unit to a member of the forum community capable of performing a formal proof of work analysis.  There was no serious response to that offer last time on the forum, but we have received private suggestions and we will add them to the list as we bring it to a vote.  If you care to offer additional nominations, please keep in mind that bitcoin network systems expertise and not general hardware experience would make for better qualification.

In sum, we're getting very close.  I'm sorry for not engaging in your warm discussion, but after all, Missouri is the "Show me" state and I think that's the right sentiment for the moment.

Kind regards,
BFL

[ElectricMucus]

popcorn time..

indeed 

[bulanula]

Contrary to comments I have made in the past : this looks damn real to me. Nice quality and workmanship too. However why no screenshots showing hashrate etc. ? Why not showing it in actual action, hashing ? How can I be a community tester for this thing ? Prices are maintained still ?

Thanks.

[sveetsnelda]

A well written response... 

P.S.  --  We want to see your birth certificate.   

[Turbor]

Give them some time... i want to see the faces of those who called them scams when it works some day. Ninja Queen looks real to me  

[ElectricMucus]

The site has privatized whois information:

Code:

The data contained in GoDaddy.com, Inc.'s WHOIS database,
while believed by the company to be reliable, is provided "as is"
with no guarantee or warranties regarding its accuracy. This
information is provided for the sole purpose of assisting you
in obtaining information about domain name registration records.
Any use of this data for any other purpose is expressly forbidden without the prior written
permission of GoDaddy.com, Inc. By submitting an inquiry,
you agree to these terms of usage and limitations of warranty. In particular,
you agree not to use this data to allow, enable, or otherwise make possible,
dissemination or collection of this data, in part or in its entirety, for any
purpose, such as the transmission of unsolicited advertising and
solicitations of any kind, including spam. You further agree
not to use this data to enable high volume, automated or robotic electronic
processes designed to collect or compile this data for any purpose,
including mining this data for your own personal or commercial purposes.

Please note: the registrant of the domain name is specified
in the "registrant" field. In most cases, GoDaddy.com, Inc.
is not the registrant of domain names listed in this database.


Registrant:
Domains by Proxy, Inc.

DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: BUTTERFLYLABS.COM
Created on: 16-Aug-09
Expires on: 16-Aug-12
Last Updated on: 06-Jul-11

Administrative Contact:
Private, Registration BUTTERFLYLABS.COM@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax -- (480) 624-2598

Technical Contact:
Private, Registration BUTTERFLYLABS.COM@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax -- (480) 624-2598

Domain servers in listed order:
NS77.DOMAINCONTROL.COM
NS78.DOMAINCONTROL.COM


Registry Status: clientDeleteProhibited
Registry Status: clientRenewProhibited
Registry Status: clientTransferProhibited
Registry Status: clientUpdateProhibited

It's the oldest tricks in the book.... HYIPs and other scams swear on it.
But go ahead order one now!

Only 99 left!!!111oneoneeleven 

[DeathAndTaxes]

Give them some time... i want to see the faces of those who called them scams when it works some day. Ninja Queen looks real to me  

I called them a scam (and still do) but if it is real I will buy $5K worth (was planning on buying FPGA in January anyways) once their claims are confirmed as valid.  I guess some would call that eating crow but no hard feeling, business is business.    I sure as hell am not putting in a pre-order so the money can disappear and I got stuck w/ a charge that can't be chargedback.

[ElectricMucus]

Give them some time... i want to see the faces of those who called them scams when it works some day. Ninja Queen looks real to me  

I called them a scam (and still do) but if it is real I will buy $5K once their claims are confirmed as valid.  No hard feeling, business is business.  I sure as hell am not putting in a pre-order so the money can disapear though.

At least half of this forum would get one, silly 

[DeathAndTaxes]

In sum, we're getting very close.  I'm sorry for not engaging in your warm discussion, but after all, Missouri is the "Show me" state and I think that's the right sentiment for the moment.

So why is your corporation not listed with Missouri Board of Corporations (as required by state law)?

https://www.sos.mo.gov/businessentity/soskb/SearchResults.asp?FormName=CorpNameSearch&Words=Starting&SearchStr=Butterfly+Labs&SearchType=Search

[bulanula]

In sum, we're getting very close.  I'm sorry for not engaging in your warm discussion, but after all, Missouri is the "Show me" state and I think that's the right sentiment for the moment.

So why is your corporation not listed with Missouri Board of Corporations (as required by state law)?

https://www.sos.mo.gov/businessentity/soskb/SearchResults.asp?FormName=CorpNameSearch&Words=Starting&SearchStr=Butterfly+Labs&SearchType=Search

I completely agree with you D&T. Business is business. Some strange points still remain with BFL. Last thing we need is more scammers in this community but ATM it is looking pretty real to me

[Inaba]

BFL - being as I am local AND a pool op, give me a unit to test with.  I will connect to my pool and verify the hashrate and validity of submitted work on the unit and report back here.  If your unit can push the specified hashrate to my pool from MY network, I would call that fairly conclusive evidence that it works.  I will also connect it to my testing environment that is not connected to the internet and verify hashrate that way as well.

[CanaryInTheMine]

In sum, we're getting very close.  I'm sorry for not engaging in your warm discussion, but after all, Missouri is the "Show me" state and I think that's the right sentiment for the moment.

So why is your corporation not listed with Missouri Board of Corporations (as required by state law)?

https://www.sos.mo.gov/businessentity/soskb/SearchResults.asp?FormName=CorpNameSearch&Words=Starting&SearchStr=Butterfly+Labs&SearchType=Search

Here's their registration:

https://wyobiz.wy.gov/Business/FilingDetails.aspx?FilingNum=2011-000606261

[bulanula]

This seems to be getting more legit by the day. Wonder when the whole network will switch to these incredible boxes. AMD and ATI is going down LOL !

[DeathAndTaxes]

This seems to be getting more legit by the day. Wonder when the whole network will switch to these incredible boxes. AMD and ATI is going down LOL !

Good thing for ATI they don't exist.  

[Brian DeLoach]

http://butterflylabs.com/november-production-update/

Would they really throw grandma in to complete the scam? The photos provide quite a bit of legitimacy, but I'm holding out for a trusted reviewer until I'll call this thing legit.