Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s

[goozman96]

The funny thing is that the database still isn't migrated fully since my email isn't recognized by the system and bobsag3 is ignoring the issue again. It's been almost 5 months.

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[OleOle]

View Screen Capture

Exactly.

Look at the rise in difficulty since BA's failure to deliver in February and the difficulty now. With their (very likely) failure to deliver in May, even if they manage to deliver in July or August, it still represents a massive hit to the potential return that these (as yet unbuilt) miners may produce.

ROI anyone? Unlikely.

 

[Pentax]

View Screen Capture

Exactly.

Look at the rise in difficulty since BA's failure to deliver in February and the difficulty now. With their (very likely) failure to deliver in May, even if they manage to deliver in July or August, it still represents a massive hit to the potential return that these (as yet unbuilt) miners may produce.

ROI anyone? Unlikely.

 

I know it.  This delay has turned these into losers before they even ship. 

KnC is coming online in May/June, their 3 TH/s units will start going out and their mine will come online.  BA will also supposedly start shipping/mining somewhere in this timeframe, neither of which is going to help with that chart.
 
according to retrocalc this delay has cost 10.5 BTC per X-3, ie, even at the current price they'd be close to break even at this point and would start generating some profit for people.  Now they're useless junk with a price tag of 6 thousand dollars.  Not acceptable at all.

[goozman96]

Just for the record, Matt has answered our email this morning, Thanks!

He hasn't answered my 2 PMs.. Not surprising.

[DebitMe]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

[Pentax]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

[sorehammer]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

Too true

[DebitMe]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

Yes they do, they took customer funds and left them in bitcoin instead of cashing them out to pay for expenses to try and play the market.

EDIT:  Although since they seem pretty confident in this deadline, I should probably get odds to something like .5 bitcoins from me and they put up an X-3 unit, that would be fair IMHO.

EDIT 2:  The very first X-3 unit off of the assembly line

[DebitMe]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

Yes they do, they took customer funds and left them in bitcoin instead of cashing them out to pay for expenses to try and play the market.

EDIT:  Although since they seem pretty confident in this deadline, I should probably get odds to something like .5 bitcoins from me and they put up an X-3 unit, that would be fair IMHO.

EDIT 2:  The very first X-3 unit off of the assembly line

So that's December 2020 then for the first X3 lol

I am simply asking them to decide if they can ship on time.  If they are realistically going to hit this goal then it should not be a problem for them to accept this offer immediately, if they do not answer or refuse, then it is only safe to assume that they have no expectation to hit the May 1st shipping date.

[Pentax]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

Yes they do, they took customer funds and left them in bitcoin instead of cashing them out to pay for expenses to try and play the market.

EDIT:  Although since they seem pretty confident in this deadline, I should probably get odds to something like .5 bitcoins from me and they put up an X-3 unit, that would be fair IMHO.

EDIT 2:  The very first X-3 unit off of the assembly line

Sure, but then they turned around and made customers pay for their loss by refunding lesser value in BTC than was given.  Heads I win, tails you lose.  

Nevermind all that.  Here's a rendering.  Can I get an ooooaaaaah?   Yessss, Lawd!  

Please Lawd, bless da bitcoin and look upon your good BA brethren and forgive their lies and thievery, for it is clear they know not what they do....

[DebitMe]

If David (or anyone else is interested) I will bet .5 bitcoins that nothing will ship on the 1st of May, care to put your money where your mouth is?  Of course we will use escrow.

BA doesn't gamble with it's own money.

Here's the wager structure:

You send 0.5 BTC





The End

Yes they do, they took customer funds and left them in bitcoin instead of cashing them out to pay for expenses to try and play the market.

EDIT:  Although since they seem pretty confident in this deadline, I should probably get odds to something like .5 bitcoins from me and they put up an X-3 unit, that would be fair IMHO.

EDIT 2:  The very first X-3 unit off of the assembly line

Sure, but then they turned around and made customers pay for their loss by refunding lesser value in BTC than was given.  Heads I win, tails you lose.  

Nevermind all that.  Here's a rendering.  Can I get an ooooaaaaah?   Yessss, Lawd!  

Please Lawd, bless da bitcoin and look upon your good BA brethren and forgive their lies and thievery, for it is clear they know not what they do....

Very true, it was gambling with a winning outcome no matter what.

Either way, I still would like David to put up some money on whether these will be shipped or not?  Or better yet BA themselves take the bet.

[goozman96]

This is slightly off topic but I wanted to order an X-1 from minersouce.net however.  Am I the only one that noticed they do not offer an SSL connection.  It is only http.  Is there another vendor that is security conscious for their consumers. 

You don't need to create an account, our checkout page has a SSL certificate on it which is where all the customer information is captured.

My email still isn't in your system. Tell Matt to fucking reply to his PMs.

[goozman96]

Still expecting to see my orders from December (batch 1) on the created account by MinerSource ... We are at 8 days of shipping, and no trace of my orders... This is REALLY annoying and not funny anymore.

If you account hasn't been migrated yet, you can check the old site for reference:

https://oldstore.minersource.net/account

Shitty I know, but at least it's in some database.

Lol, my order was from the very first site. It was never imported to the second site and they're claiming that all orders have been imported into the third (current) site but I still don't see anything. Worst customer experience in the world..

[goozman96]

You ordered from Minersource and not BA directly?  Because they aren't importing orders from BA's site.

I order from Minersource directly. Wouldn't be surprised if next they claim I never ordered from them to begin with and try to steal my money.

[OleOle]

I really doubt I will trust again any firm regarding pre-ordering products that are not already created ... My experience with BA / Minersource is at this point considered as "very bad", and I hope it won't get to "worse than very bad" ...

Anyway, I have learned the lesson the hard way.

Currently, I am not even thinking on ROI, but at least to get the products I ordered, but thinking also on a legal suite that might be done by lawyers. The entire situation is just inacceptable and highly unprofessional. I did manage IT Services in several banks, and we never had such situation with providers.

Completely agree. Anyone with any corporate experience knows that there are major problems with BA at almost every level of their organisation.

 

[DebitMe]

David care to put up .5 bitcoins that nothing will ship on May 1st?

[OgNasty]

Dear customers,

As many know our support ticket system is very busy. It has come to our attention that some customers have opened many tickets asking the same questions or regarding the same issue. We would greatly appreciate it if only one ticket is opened per question and that in that ticket it is clear what needs to be done. This would help us to improve both the quality of support as well as let us answer tickets faster. Thank you for your understanding.

Kind regards,

Black Arrow support

What about when we open a ticket asking about a refund and then you close the ticket with no response?  Should we just assume you don't give a fuck about your customers or open another ticket?  At this point, I don't know if miners are going to show up at my door or if I'll receive a refund or what...

[OleOle]

Yeah, it's ridiculous that BA haven't given a definitive statement on whether they are shipping or not. Either the miners are ready to go into boxes or not, it's not that hard to figure out then inform customers.

How likely is it that a couple of million dollars worth of orders will be shipped now? I say completely unlikely.

It's very difficult to see BA's conduct as anything less than atrocious.

 

[DebitMe]

Dear DebitMe,

I see that you would like me to put 0.5 BTC down on the shipping date. However much I would like to do that I can't. I feel it is not appropriate for me to do so personally.

Kind regards,

David

Here is the message that I received from David about my offer to bet him.  I would say from this response that their is new information we are not privy to yet, that their will be additional delays.  He can argue all he wants that it is, "unprofessional" to make a wager like this, but in reality, it should be the easiest $250 dollars he ever made, if they are on schedule, the fact that he will not take the bet is pure indication that it is widely known that the new shipping date will not be met.  Plus, why would they choose now to start acting professionally?

I also would believe that once BA received chips their would be a special update saying that they had received them, including pictures and the like.  There has been no such update although if I remember correctly, the chips should have been received by now?  Time to get in for refunds is slowly dwindling and I urge everyone to please consider going for a refund immediately.

[Pentax]

I have asked for a refund but i'm batch2 with minersource, and since batch2 ain't delayed just yet i'm shit out of luck.

as per the FTC  http://www.usa.gov/topics/consumer/smart-shopping/home-shopping/rights.shtml

"When you order something by mail, phone, fax or computer, the Federal Trade Commission requires the company to:

Ship the merchandise within the time promised, or if no specific delivery time was stated, within 30 days of receiving your order.

Notify you if the shipment cannot be made on time and give you the choice of waiting longer or getting a refund.

Cancel your order and return your payment if the new shipping date cannot be met, unless you agree to another delay.

If you cancel, your money must be refunded within 7 days (or your account must be credited within one billing cycle if you charged the order). The company can't substitute a credit for other merchandise. If you applied for a charge account with the merchant at the same time that you placed your order, the company has an extra 20 days to ship the merchandise to allow time for processing your application."






So I'd say the claim that your order is non refundable as of yet is a violation of consumer law. 

If they argue that delivery was firm at April 30, you can go to the BBB or wait another 6 days and cancel May 1.  If they say April 30 was not firm then they only have 30 days to ship your order, which obviously has not happened. 
 
Either way, you can get your money back May 1 when the UPS man fails to show up- and they are obligated to refund within 7 days, with or without a fully migrated database.