Post
Topic
Board Mining
Re: BFL Monarch, in the Cloud.. (600GHs)
by
Searing
on 04/07/2014, 12:47:38 UTC
I did pause before accepting the offer, I was wondering what the consequences were. c'mon? No commercial entity would willingly give away free "money" unless there are commercial gains. By accepting the 12 months 600GHs Cloud contract, what options have I limited my self to??

My original purchase was not the Monarch. I took the upgraded option from 50GHs BFL Singles (x2) to a 600GHs Monarch. Due to further h/w delays, BFL doubled my order as compensation. An additional Monarch was put at the back of the delivery que. I wonder if I'll get the physical h/w before BFL offers me the 2nd Monarch, as another 1 year Cloud contract.

So, what happens after my one year contract ends and BFL still hasn't delivered? Hey, maybe there will be an option for Monarch owners to upgrade to the 1THs Imperial Monarch, but by having accepted the Cloud, have I excluded my self?

Not 'happy',
QG

Code:
Dear Jason,

Thanks for being a Butterfly Labs customer. Your patience and loyalty are
greatly appreciated.

While we wait for the 1TH revision of the PCB to make it through manufacturing,
we have a supply of boards that do not meet the desired specs and thus are not
suitable to be shipped directly to customers. However, with this limited
quantity of boards, we can deliver processing power remotely to some customers.

Although we are under no legal obligation to do so, as a courtesy to customers
who have been waiting the longest, we will provision these boards in a hosted
environment (BFL Cloud Mining facilities), equal to the original processing
power you ordered. Cloud Mining will be deployed in queue order and since you
are receiving this email, you are eligible at no cost to you (we pick up the tab
for hosting and electricity). Once the new 1TH boards arrive and assembly and
delivery has begun, we will ship your full original order plus previously
announced upgrade, and free Cloud Mining will be terminated.

If you are interested in receiving Cloud Mining while we wait for board
revisions, click the link below to activate your free temporary Cloud Mining
account.

Activate Cloud Mining


BFL Cloud Mining

After 1 year pretty much any mining eq will be near obsolete.  The singles they shipped last year are now near useless just like the Avalons from last year.  Just take the cloud mining for 1 year and be happy you don't have to pay for electricity.  That is sadly your best option with BFL.

so you have no chance of getting the refund like me for asking after the 6 month and 1 day not delivered option anymore? or if you are not at 6 months and 1 day how close are you...could you squeak under the wire?

me I'd go the class action suit before anything i mean we are talking at todays rates 625 usd for 1 btc which if you got the unit in the mail on monday and/or they suddenly let you cloud hash 600gh to get off the hook. I currently have an oct 2013 570gh knc jupiter and i'm looking at best i can figure less then 1 BTC left to get....i'd gamble that last 1 BTC at 625 bucks on the class action suit or the FTC or the 6 month and 1 day deadline not being met..before I'd take any deal where I might get 1 frigging BTC back ..better to lose it all in a spectacular manner then bend my knee to those assholes...shoot for the refund...keep your pride...again imho

I sure would not let them take all that $$$ I  paid in the past for 1 BTC now I'd rather go down swinging and lose that last BTC I MIGHT make if equip magically appeared or they suddenly offered you more vaporware and/or GH hashing at 600gh at their last year prices..but wait and resist might also be an option ..stuff may move on the FTC front or the class action

Better imho opinion to go down with dignity in the following manner...........you'd be screwed but you'd have your pride!

http://www.youtube.com/watch?v=8xN-bgcjp0g

BFL no man's land indeed...

Searing