Quote from: ttul on June 18, 2012, 08:41:55 PM

If they received any venture capital, they would have had to file an exempt distribution form with the SEC. They have not done this. A search for "Butterfly" in EDGAR reveals nothing of Butterfly Labs, Inc.

C'mon, guys, if you did a financing, let us know the details...

http://www.sec.gov/edgar/searchedgar/companysearch.html

Quote from: bitcoin.me on June 16, 2012, 06:48:37 AM

Quote from: BinaryMage on June 16, 2012, 06:43:51 AM

Quote from: BFL on June 16, 2012, 06:11:15 AM

We have officially announced our upcoming ASIC based SHA256 products today. Here's the press release with most of the relevant details:

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

Note: We're currently focused on the shipment of our Mini Rig product and won't be able to field questions for a few days but we'll be back with answers to any questions.

Kind regards,
BFL

Quote

1) BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149

2) BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299

3) BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

This strikes me as very odd. You could make a much higher profit margin. Why on earth would you price these this low?

You seem to have delivered, if a bit tardily, so far, but this just leaves me stunned. Pricing this low cannot make any sense for your bottom line.

They pretty much guaranteed market dominance. Maybe they want these devices sent out to as many people as possible to protect the network sooner from the possibility of interference. With all the venture capital they have received they will want to protect their investment and that means protecting bitcoin.

For all you know, it was a DBA.