Post
Topic
Board Service Discussion
Re: Butterfly Labs
by
zenrith
on 04/08/2015, 03:00:23 UTC
My thoughts so far on BFL...

I ordered 3 x 60gh units when they first came out.  It took BFL months to bring them to market.  by the time the product arrived, they were just nearing obsolescence.  Granted, electricity is cheap where I live and I mined with them for over a full year.

Move ahead to 28nm era... I ordered several of the new monarchs.  BFL was late.. very late with their delivery.  When they arrived, the price had been reduced to compensate and deals had been struck.  Plus, BFL was raided by some US agency for non-compliance and breach of trust.

Would I buy from BFL again?  no..  did BFL seriously harm BTC.. yes, in the short term.  Do I continue to support cryptos?  yes.

BFL also seriously harmed US business credibility in the crypto field.  This company had a great opportunity to release a state of the art product and to become a leader in the crypto market and instead, it squandered this potential for a quick buck.

I can only hope BFL will honor the court ordered refunds and continue refunding until all funds are returned.

BTW:  When did BFL shut down the forum?