This is caused when BuildMaster cannot determine the CPU ID or MAC address of the server it is installed on. Here is a detailed description: http://inedo.com/support/kb/1005/this-machine-cannot-be-uniquely-identified
Typically, restarting the server fixes this problem.
If that still doesn't work, you can also try the following steps to resolve:
Stop the Windows Management Instrumentation service.
Go to the %SystemRoot%\System32\Wbem\Repository folder.
Delete all of the files that are in the %SystemRoot%\System32\Wbem\Repository folder.
Restart the computer. The files that were deleted are recreated when the computer restarts. The Windows Management Instrumentation service will start automatically when you restart the computer.
(These steps were taken from: http://minasi.com/forum/topic.asp?TOPIC_ID=5772)