Post
Topic
Board Economics
Re: 3,2,1 and PANIC Or do we?
by
CubedRoot
on 19/08/2012, 16:09:59 UTC
BFL unloading BTC to pay pills?

They had to accumulate a ton of Bitcoin with the pre-orders for their new ASIC modules, and they must have to liquidate some of their Bitcoin holdings in order to pay their suppliers. It will be interesting to see how often this happens over the coming months.

No, its not BFL "unloading" to pay some bills.  When I ordered my ASIC rig from them, they wanted me to pay my bitcoins through BitPay.  So, BFL is probably getting their payments as USD from bitpay instead of Bitcoins.