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Author Topic: Butterfly labs are legit.  (Read 5645 times)
strideynet (OP)
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August 26, 2012, 08:32:14 AM
 #1

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!
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Russell616
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August 26, 2012, 09:00:05 AM
 #2

Before doing that...read the Mining section of the forum
We don't know when BFL will release their new ASIC, and i think there is a lot of orders so difficulty will skyrocket!

Just my opinion...
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August 26, 2012, 09:32:24 AM
 #3

http://en.wikipedia.org/wiki/Press_release

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
intel-core-i7
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August 26, 2012, 09:48:31 AM
 #4

how do you know it will payback ?

I use the bitcoinx.com/profit/ calculator to assess if I would be profitable.

So far I am not buying any hardware cause no cash at hand...

If you like what I do - donate : 1MWoRs6wKyJLLYm7gjrWeTcipCrCTneCRE
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arkadini
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August 26, 2012, 10:01:38 AM
 #5

There are actually threads tracking some order status with BFL:
JMAHH
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August 26, 2012, 10:01:50 AM
 #6

... The New York Times helped make the war in Afghanistan happen. This is not of that magnitude, but the point is, it's not because some major source covers a story that it's necessarily true.
Lethos
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August 26, 2012, 10:37:54 AM
 #7

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!

So naive, really you think yahoo covered them, on purpose? haha no. They were paid to indirectly by PRWeb.
Take a look again, see at the top where it says PRWeb, next to the date of the article.
That is the author, they are a syndicating press release company that has a connection to all the really big news sites.
Google it and read up on it, but essentially you pay money to submit it to PRWeb (£80/$120 I think), they don't unless you pay them change anything and submit it to sites like yahoo to be seen more publically.

It does not make them trustworthy, their actions (or sometimes inactions) are what counts. Like already stated try look into the forum area custom hardware where their is more than enough information surrounding them both good and bad points of the company.

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August 26, 2012, 01:39:21 PM
 #8

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
According to yahoo which are pretty trustworthy they ae market leaders and yahoo areant gonan cover any small company are they tbh! I'm planning on gettign the jalapeño it'll pay back pretty quick s I'm happy!

I think the difficulty is going to raise with the release of these devices, basically making gpu's useless and also making ur investment harder to get back.  I do think you will make ur money back but I do not think it will be as fast as you may think
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August 26, 2012, 06:57:38 PM
 #9

BFL could just start mining with your order, until it's no longer worth it, before shipping.
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August 26, 2012, 07:10:08 PM
 #10

BFL could just start mining with your order, until it's no longer worth it, before shipping.
They could, if they wanted to destroy their business and undermine confidence in the security of the network.

They're smarter than that - they recognized that there's often more money in selling shovels and sieves than there is in panning for gold.
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August 26, 2012, 07:15:27 PM
 #11

They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
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August 26, 2012, 07:17:27 PM
 #12

They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.
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August 26, 2012, 07:20:10 PM
 #13

They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.

BULLSHIT
AndrewBUD
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August 26, 2012, 07:21:42 PM
 #14

LOL if you order a single ASIC... by the time you get it.. it'll be like mining with a 7770 now, so worth the $130 bucks or whatever it is Tongue


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jwzguy
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August 26, 2012, 07:39:42 PM
 #15

They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.

BULLSHIT
I guess I see why so many people have you on ignore.

Even extremely conservative estimates based on the pre-order list for SC hardware alone will indicate that "in the millions" is a reasonable floor.
https://bitcointalk.org/index.php?topic=89685.0

AndrewBUD
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August 26, 2012, 07:45:12 PM
 #16

So if they flop and cannot produce a similar to advertised unit, then what?



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ElectricMucus
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August 26, 2012, 07:57:07 PM
 #17

They'd have to be crazy not to if the income from mining is in the millions while selling is only in the thousands.
Selling is in the millions.

BULLSHIT
I guess I see why so many people have you on ignore.

Even extremely conservative estimates based on the pre-order list for SC hardware alone will indicate that "in the millions" is a reasonable floor.
https://bitcointalk.org/index.php?topic=89685.0



Viel Feind viel Ehr'  Cool
inescapabledoom
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August 26, 2012, 09:50:58 PM
Last edit: August 30, 2012, 07:20:07 PM by inescapabledoom
 #18

The moderators, for unkown reasons, will not let me out of the newb forum so I can add myself to the wait list for the Jalapeno's I ordered last month.

I certainly hope BFL is legit.... they mentioned in one of their threads that they have caught up to all the backlogged emails, but that is totally untrue... I emailed them twice 2 months ago and still have gotten no reply.

Ok, so it was basically the same question I sent them, but worded differently.... So I was really expecting just one reply.  I know the answer to my question now, because it didn't take me long to find it here on the forums.

I'm a paying customer now.  Still have received no reply.  It's had me a little worried...
mobile4ever
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August 27, 2012, 06:05:43 AM
 #19

LOL if you order a single ASIC... by the time you get it.. it'll be like mining with a 7770 now, so worth the $130 bucks or whatever it is Tongue

The power consumption will be lower, so even if the mining difficulty goes up, it will be worth it to replace an AMD card.
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August 27, 2012, 12:53:08 PM
 #20

I ordered the Single SC myself and can't wait to get it. Even if the difficulty were to rise 10x, the money would still return in around two months. That's a great ROI if you ask me.
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