Around two weeks ago due to lack of update from Josh aka Slok, I become suspicious if only fraction of percentage of money received by BFL allocated to actual Monarch development or even fake development. The reason for this was, after almost 6 month, I havent seen any sign of proof there is an actual working monarch other that grainy video that could easily be forged. When I asked Josh/Slok in forums to please provide solid proof of work, they just banned me. Since you worked there, could you please confirm to best of your knowledge if there is an actual working monarch card or did they just develop chips ? Do you think their cloudmining is being done using actual monarch cards ? Any information would be helpful. We spent ton of real money for this stupid thing and the only update from Josh is he is on a plane and probably taking a poop in a first class toilet.
I left most recently, and since I'm no longer under their control I can now share with anybody interested two important things.
One, bcp19, whose first name is Bruce, DOES work for BFL. Ask him and I'm sure he'll say yes, but if he doesn't, I have no problem with linking to pictures of him while employed at the plant. He's been there since last fall. I seriously don't know what game he's playing on this forum and what he's trying to accomplished, but I'm pretty sure it ain't good. To be fair, he is a nice guy.
Second. BFL received chips months ago that were intended for what you guys consider the Monarch. Thousands of miners have already made at BFL's plant using those new chips. Ask Bruce that also. He knows. Since you're now curious as to where all them miners went and are continuing to go, here...
http://www.coinware.io/. Moreover, HashTrade, NimbusMining, LiquidBits, and Netsolus. The lead guy for CoinWare is named James (I'm not stating his last name because I don't want to get in trouble, but I'm sure you smart guys can figure it out). James visits the plant a lot, walking around assembling unescorted then heads to the offices of management to discuss whatever.
This post is valid
https://bitcointalk.org/index.php?topic=262052.msg6877963#msg6877963 because I was there when two guys from HashFast (don't get the name mixed up with HashTrade) walked the plant with Sonny, David, and Josh.
I honestly don't want to get mixed up with this mess because I have a family and all. BFL treated me pretty fairly while I was there, but feel it important for you guys who have millions still tied up and waiting for equipment to be aware. It's a shame that you guys who ordered first will probably be the last to get your miners. At least when you do get them, you'll make your money back, even if it takes longer than you planned, if I understand correctly how the whole thing works. Still, it's a screwed up deal.
One more thing, for what it's worth. Everybody in the plant knows about Sonny's past, and some not mentioned here, and we all joke about how we are (was for me, now) working for crooks and scumbags, most the time in Spanish when management is not around, of course. ....
... Sorry if I said too much. All I wanted to say was about Bruce and CoinWare and how you guys are getting screwed big time.
Peace.