Butterfly Labs Offers Updates on Monarch Miner, Could Be Shipping Soon
Josh Zerlan, VP of Product Development at Butterfly Labs, has provided customers with updates relating to the company's upcoming Monarch bitcoin miner. Dated April 19th, the information came in the form of a forum post in which Mr. Zerlan notes the Kansas-based company continues to test and manufacture the miners: The revision 2 (or revision B) chips have arrived at our testing facility in California. They are being tested today and tomorrow and will arrive in Chicago on Monday, where they will be mounted on the new boards and sent to our office for final review. We expect a few days of....
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Let's just say there's a bit a controversy surrounding a little company called Butterfly Labs. Release delays and lack of communication make for a less-than-perfect reputation, but today at CES, the company publicly showed off the guts of its latest bitcoin miner, the Monarch. This miner may look like like a graphics card from the outside, but the inside is another story entirely. With hashing power of 600GH/s (using 350 watts of power), though, it won't be cheap - coming in at a whopping $2196.00 (a cheaper 300GH/s variant will be available for $1497.00). The folks over at Gizmodo have....
Article updated on 27th August at 14:37 BST. Butterfly Labs has announced a new PCI bitcoin mining card, named Monarch, based on the new 28nm technology. Butterfly Labs claims the Monarch will achieve 600 GH/s and consume 350W. The release has courted controversy with customers who are still awaiting delivery of their longstanding 65nm-based products. The Monarch has been optimised to work when connected to a PCIe slot, however, it also has a USB port, which allows it to be used with Windows and Linux computers and even Android devices. Butterfly Labs boasts that the card will achieve 600....
Butterfly Labs, makers of specialty Bitcoin-mining machines, just announced the Butterfly Labs Monarch, an insanely powerful new ASIC at CES 2014. This machine can mine at a whopping 600 GH/s while using 350 W of power. Despite it's hefty $2196 price tag, BFL claims that the Monarch is cheaper and more efficient than its competition. Gadget blog Gizmodo has some great images of the insides of the Monarch as well as a water cooling system prototype. While this is all really impressive, Butterfly Labs has come under fire in the past for taking several months to deliver products with very....
Butterfly Labs has resumed shipping its Monarch hardware and issuing bitcoin refunds to select customers. The embattled bitcoin mining company issued a statement earlier this week via its website and redesigned the platform to offer services to customers whose orders have not been fulfilled. The update follows Butterfly Labs' recent legal win against the US Federal Trade Commission (FTC) on 15th December when a US District Court rejected a request by the FTC for an injunction, asset freeze and appointment of a receiver. Following the ruling, BFL was free to resume business. However, the....
Butterfly Labs argued successfully in court yesterday that the order to remain closed had irreparably harmed their company, convincing the Judge to agree to allow them to continue operations under court oversight. The company, which produces Bitcoin mining equipment, was closed down in September after allegations that it had failed to deliver products on time to its customers and that it had used their customer’s equipment to profit from mining. "The Butterfly Labs web site pages attached to (the FTC complaint) instead show a pattern of consistently updated shipping projections,....