Bitcoin Developer Confirms Butterfly Labs ASIC
Bitcoin developer Luke Dashjr has confirmed that a prototypes Butterfly Labs ASIC is now hashing. The device is still far from full capacity, pushing out only 25 GH/s at a power consumption of 180 watts, but this is nevertheless the first definitive proof that Butterfly Labs is producing a legitimate product, and is not too far from finally releasing its....
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Finally, after more than a year of waiting, those who preordered the 5GH/s Jalapeno ASIC Bitcoin miner from Butterfly Labs should start receiving their orders. Butterfly Labs announced today that nearly every Jalapeno order through July 3rd 2012 has been shipped out. They have promised that every backlogged order will be shipped within the next 90 days and this morning they posted a picture up of over 100 units that were on their way out the door. Butterfly Labs has been the source of much excitement and almost equal scorn since they started taking orders for their much anticipated ASIC....
Butterfly Labs has announced it will begin selling bulk ASIC chips for bitcoin mining starting this month. While some Bitcoiners on Butterfly Labs' forum welcomed the news, many others are expressing skepticism or frustration in light of the Kansas-based company's lengthy delays in fulfilling orders for ASIC mining devices. Butterfly Labs announced late last month that it was starting to ship its ASIC products, which were originally announced in June of 2012. Following Butterfly Labs' latest announcement about bulk sales of chips, a number of commenters have taken to reddit and the Bitcoin....
Disclaimer: Bitcoin Magazine has previously run advertisements for Butterfly Labs. This article was written independently of this fact. -Ed. In an upcoming article in our next issue of Bitcoin Magazine, Butterfly Labs, arguably the market leader of manufacturing and selling Bitcoin mining equipment, has released a sneak preview of their current state of development for their ASIC-based Bitforce SC line of computers, scheduled to be released in late November or December. As a sneak peek, we have two images for you. The company has responded to recent criticism with some images. The photo....
Butterfly Labs was one of the very first mining firm is now in deep trouble as US Goverment is taking legal actions against them. Butterfly Labs was accused of fraud and misrepresentation. FTC documents say that the companies assets were frozen. The story began with really upset customers who failed to received their pre paid miners. Butterfly Labs has violated Section 5(a) of the FTC Act. BFL were basically engaging in “unfair or deceptive business practices in or affecting commerce”. We have contacted butterfly Labs to get some information regarding the shut down but they said
The ASIC (application-specific integrated circuit) wars are heating up. Butterfly Labs -- the US-based company that has been promising a low-powered, low-cost ASIC mining rig for months now -- has finally shipped one to a US blogger and bitcoin specialist. David Perry, who owns the technology blog Coding in My Sleep, took delivery of a Jalapeno ASIC mining rig from Butterfly Labs on April 20, and filmed an"un-boxing" video, along with a short review. Perry measured the unit hashing at 5 Ghashes/sec, with an energy consumption rate of 30 watts when working ... which is in line with....