1. (monarch) The fastest and most power-efficient Bitcoin miner yet
2. Butterfly Labs has shipped more ASIC products than all competitors combined
3. Our facility in Kansas has the largest production capacity of all Bitcoin hardware manufacturers.
4. The Competition at least $ 17.50 /GH
5. 65nm ASIC chip is now powering the majority of the bitcoin network
6. The bottom line is that BFL is the only 28nm chip manufacturer on its 2nd generation ASIC
7. All manufacturers in this space have experienced some degree of delay with their first generation ASIC
8. 28nm products won't begin shipping til year end
9. (monarch) plan to begin shipments in February, 2014
10. Orders are shipped in order date priority so any order placed now should be expected to be delivered in March.
11. We are pioneers of the industry - having manufactured the first commercial Bitcoin mining hardware.
12. November / December Initial Shipping
13. still on track for December/January
14. As we enter the 28nm era, we're the only competitor with a proven ASIC design in the field.
15. Tape out August 2013
16. Gen1 65nm asics will be around 1w/gh
17. BTC mining, being a zero sum activity, makes it viable and profitable to get as many people to cancel their orders as possible, so your position improves
18. We are so confident in our power consumption that we are offering up 1000 BTC to charity if we miss our power consumption targets by more than 10%
19. Everyone should be aware of the fact that you are allowed to upgrade 1, 2, 3 or 4 Jalepeno's to 1 Single and keep your place in line
20. Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date
21. We have developed the most technologically advanced, most power efficient mining chip on the planet by a factor of two.
22. KnC's new 20nm chip isn't even close to our 28nm chip in terms of performance.
24. plan to begin shipments in March 2014
25. However, this is our second generation, so we have much greater clarity on the process
26. meaning the deployment of the Monarch will be delayed about 5 weeks from now
27. it is possible we will begin shipping limited quantities by the end of the week of the 21st(april), it's more likely we will begin shipping the following week, assuming no blocking issues arise.
28. our mining chip is more than 2x efficient than any other chip out
29. The Monarch product line is essentially 3x - 5x more efficient at any comparable hashrate than the competition
Which was true when the advertisements were created.
You seem to think possibly being true at one point in time somehow excuses your false advertising.
You updated the monarch page several times yet never once touched any of the false advertisements.
You even changed the comparison lowering your price from $7.80/gh to $3.66/gh while leaving the competition at $17.50/gh and 2.5w/gh. At the time of that edit the competition was more like $3/gh and 1w/gh.
Also all of your claims about efficiency/performance are bogus regardless whether you knew the chips performance or not. Just because you/your engineers imaginated they would be the most efficient miners doesn't mean they were.
Bitfury's first gen 55nm chips were 0.38w/gh chip level and KNC's 20nm is 0.55w/gh at the wall so again your claims that your chip is far superior is purely false advertising.
Also KNC 0.55w/gh is at 20% above advertised hashrate while your customers are reporting 0.8w/gh at the wall at advertised hashrate.
In case you don't think bullshit comparisons is not false advertising, here's the specific category they made for this type of false advertising:
Inconsistent comparison
In an inconsistent comparison, an item is compared with many others, but only compared with each on the attributes where it wins, leaving the false impression that it is the best of all products, in all ways. One variation on this theme is web sites which also list some competitor prices for any given search, but do not list those competitors which beat their price (or the web site might compare their own sale prices with the regular prices offered by their competitors).
http://en.wikipedia.org/wiki/False_advertising23. I have spoken with Theymos, the operator of Bitcointalk, about this and I have his full knowledge and permission to perform this experiment
This is not an advertisement. But regardless, it's true and Theymos confirmed it himself on these forums.
The only thing theymos confirmed is that you are being deceptive as usual.
He asked me whether he could demonstrate that the Trust system is broken. I said that he could, though I didn't know exactly what he was planning, and I don't like what he's doing here. Trust isn't the right way to respond to people whose posts you dislike. If I'd have known that he was going to do this, I would have warned him that it would probably result in significant backlash...