Make sure you really have an RPi2 and use the correct image for it.If that doesn't help try the RPi1 image, if that works you are the proud owner of an RPi1 B+.
You right! I'm definitely a proud owner of RPI1 B+ 
Thank you
Posts by rdmitry
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Hi guys, I'm trying to install the latest LibreELEC image on an SD card using USB-SD Creator. It creates SD without any error, but then the system stuck on rainbow square while booting.
On the same SD card LibreELEC installation via NOOBS goes without any problems resulting in working system. The same USB creator perfectly makes a bootable system on the same SD card for S905X box
What I'm doing wrong in first case?Thank you, Dmitry