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Author Topic: BitForce SC - Pre Order List  (Read 34752 times)
BFL
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June 23, 2012, 11:51:21 PM
 #1

http://www.butterflylabs.com/products/

It's been a very busy day of fielding calls & emails from customers concerned about first unit distribution.  I'm sorry to have kept everyone waiting for the order form but this has really taken up an incredible amount of time to deal with.  The bottom line is there's no way to give everyone the first unit off the line.  Our final policy is one that we feel is as close to fair & balanced as we can reasonably get.  

Firstly, the initial orders will be grouped into a batch prior to shipment.  This will ensure no one is an unfair beneficiary of disproportionate hashing power.  Having said this, we only have so much production capacity and the initial order group will still do very very well.  That being the case, here are the rules we will stick to in releasing these units.

1/3rd of the units will go in order priority of purchase date.
1/3rd of the units will go to trade in customers.
1/3rd of the units will go to random orders placed in the first month (6/23 - 7/23).

Both priority customers and trade in customers may benefit from random selection prior to their natural shipping order.


Edit:  Regarding refunds and charge back policy:  All sales are final unless we fail to perform.  That includes both performance and shipping targets.  60 days past target and we'll happily refund your purchase.  If you would really like a refund anyway, just ask and we'll probably be able to take care of you.  Nonetheless, we reserve the right to handle it on a case by case basis.

Note:  Since I've posted this clarification after several pre-orders have already been placed, anyone who would like to unwind their order prior to this update (7:34pm 06/23/12) may do so.





Butterfly Labs  -  www.butterflylabs.com  -  Bitcoin Mining Hardware
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June 23, 2012, 11:51:40 PM
 #2

 Grin

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June 23, 2012, 11:58:46 PM
 #3

right on.

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June 24, 2012, 12:01:01 AM
 #4

Ok BFL.. what about us waiting for Singles?

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June 24, 2012, 12:05:09 AM
 #5

http://www.butterflylabs.com/products/

1/3rd of the units will go in order priority of purchase date.
1/3rd of the units will go to trade in customers.
1/3rd of the units will go to random orders placed in the first month (6/23 - 7/23).


3 segments, Excellent way to do it. Very fair for those quick on the gun, those early adopters, and those who will just get lucky.


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June 24, 2012, 12:05:41 AM
 #6

I'm assuming this is just standard bitpay verbiage:


"Once you press Send in your bitcoin wallet, this transaction is not reversible.
Bit-Pay.com cannot be responsible for any dispute you might have with the merchant."

PM me if you need hosting for your FPGA or ASIC miner.  Secure, air conditioned facility... will beat competitor pricing.  Over 15 years in the hosting industry.
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June 24, 2012, 12:08:37 AM
 #7

Epic Advertising:


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June 24, 2012, 12:09:23 AM
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I'm assuming this is just standard bitpay verbiage:


"Once you press Send in your bitcoin wallet, this transaction is not reversible.
Bit-Pay.com cannot be responsible for any dispute you might have with the merchant."

uh, yeah i pretty much closed out when i seen "not reversible."


on a $1333 price tag... thats not something im comfortable dealing with.. especially with a 3 month wait.
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June 24, 2012, 12:13:28 AM
 #9

Seems reasonable. Thanks BFL.

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June 24, 2012, 12:14:13 AM
 #10

I'm assuming this is just standard bitpay verbiage:


"Once you press Send in your bitcoin wallet, this transaction is not reversible.
Bit-Pay.com cannot be responsible for any dispute you might have with the merchant."

uh, yeah i pretty much closed out when i seen "not reversible."


on a $1333 price tag... thats not something im comfortable dealing with.. especially with a 3 month wait.

Not reversible, it's bitcoin, when have you seen the ability to reverse a bitcoin transaction?

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June 24, 2012, 12:16:21 AM
 #11

whats so problematic of sending back btc?


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June 24, 2012, 12:16:50 AM
 #12

I'm assuming this is just standard bitpay verbiage:


"Once you press Send in your bitcoin wallet, this transaction is not reversible.
Bit-Pay.com cannot be responsible for any dispute you might have with the merchant."

uh, yeah i pretty much closed out when i seen "not reversible."


on a $1333 price tag... thats not something im comfortable dealing with.. especially with a 3 month wait.

Not reversible, it's bitcoin, when have you seen the ability to reverse a bitcoin transaction?

refunding clearity would be a great piece of imformation to have from a company that deals with thousand dollar purchases (pre-order PAID IN FULL) of a product on a 3+ month pre-order waiting list.

 Roll Eyes
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June 24, 2012, 12:17:13 AM
 #13

1/3rd of which units are we talking about ?

im guessing you will do the 1/3rd strategy for the 3 production lines seperately,

So jalapenos and singles wont be mixed together with tje lottery

Which means if im the onlyone to order a Asic rig, will I def receive one ?
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June 24, 2012, 12:20:15 AM
 #14

whats so problematic of sending back btc?



Absolutely nothing, however it's a separate transaction. The original transaction is not reversible.

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June 24, 2012, 12:24:06 AM
 #15

so its a mouse click away.... as i recall there is not any special knowledge involved to do that.... so why the "it its soooooo not refundable stuff"

btt:

i don't have btc and i can't raise any atm .... when will we be able to buy?

ps i also like paypal .....

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June 24, 2012, 12:39:00 AM
 #16


i don't have btc and i can't raise any atm .... when will we be able to buy?

ps i also like paypal .....

+1

My singles haven't made enough BTC yet. PayPal is my only option.

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June 24, 2012, 12:53:32 AM
 #17

BFL: Are you willing to commit to a cap on SC hardware shipped per day or week, measured in TH/s?

For example, if you can assure us that no more than 30 TH/s will ship per week, the early buyers can be sure to recover their investment in a reasonable time before the mining difficulty equalizes at 20x what it is now. 30 TH/s would be 30 mini-rigs or 750 singles or 8600 jalapenos per week. Can you give us some idea of whether you'll be pushing out that many per week? Much less? Much more?

I think a major factor holding back some of your potential customers is the concern that they're investing alot of money into hardware that has no value outside of bitcoin mining, and once you've shipped about 200 TH/s of hardware, the difficulty factor will very soon put us back where we're at now in terms of ROI but without the backup plan of selling GPU's to gamers. Also, at that point, you will need to start cutting the price to keep sales flowing, which will kill anyone who couldn't mine enough bitcoins during the transition to cover most of their investment.

So, how much TH/s of hardware do you think you'll be able to assemble and ship per week once shipments start?

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June 24, 2012, 12:57:00 AM
 #18

Im concerned 1 company will have over 51% of the network hashing power.

Ive not yet seen any mention from bfl on their policy for when that happens.

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June 24, 2012, 01:01:19 AM
 #19

BFL, keep daily database backups of  customer orders Wink
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June 24, 2012, 01:02:53 AM
 #20

Im concerned 1 company will have over 51% of the network hashing power.

Ive not yet seen any mention from bfl on their policy for when that happens.

BFL won't have over 51%, individual miners using their products will. Not sure what the worry is.
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