Post
Topic
Board Mining
Re: Butterflylabs - Scam - sue
by
integrity42
on 19/02/2014, 04:49:34 UTC
Me and a friend ordered a butterfly labs bitforce 25GH in January. It was shipped in November. Until now we have not hardware break even and have invested more then 1800$ in shipping, hosting and the machine itself. We have so far mined 0.90 BTC. I believe there are more people here who have been affected by this. Has any approach been done to sue Butterfly Labs for fraud? If not does anyone know how we can do this or wants to join us as a group. Please get in touch.

$1,800 / $13 = 138BTC.

I told people like you to buy bitcoin instead of ASIC's.  I explained why bitcoin ROI is all that matters.

You could have bought 138BTC with your $1,800 instead of sending it to BFL.  Instead you bought a machine that gave you 0.90BTC.

Hopefully everyone learns a lesson.  Only calculate Mining ROI in BTC, and if you do this, you will never buy ASICs, you will just buy bitcoin instead.